Perth Amboy evening news., 1915-05-12
Being Delivered Today Follow
ing Action Taken Last Night
by Board of Aldermen.
BOARDS ACTION is RAPID
Public Service Men Not Given
Time to Start Word Battle
at the Meeting.
LABOR MEN AT SESSION
The Bonds Were Sold With
Sort of Verbal Understand
ing to Two Concerns.

With rapidity that was surprising,
the Board of Aldermen unanimously
adopted a resolution to sell s15O.0OO
worth OF municipal light plant bonds
and then adjourned last night. The
action came SO quickly that all Of
the Public Service Corporation rep
resentatives on hand had hardly had
time to be seated before the session
ended and the audience arose and
filed out of the council chamber. The
bonds were sold to A. B. Leach &
Company and J. D. Everitt & Com
pany, joint bidders. Complaint was
received concerning the amount of
taxes on one piece of property in this
city and several other minor sub
1ects were handled at the meeting
The session lasted from shortly af-
ter 8 o'clock until $3.50. All of the
members were on hand.
1t was evident that had an at
tempt been made again to defer ac-
tion on the municipal light bond
award there would have been bit
ter word battle with the aldermen,
Central Labor Union representatives,
members of the Western Improve
ment Association and Public Service
officials participating. The Public
Service Corporation, the Central La
bor Union and the Western Improve
ment Association were well repre-
sented in the audience. Among the
Public Service representatives on
hand were Counselor L. D. H. Gill
mour and Local Agent J. G. Divine.
1t had been stated beforehand that
the unions of the city would be well
represented in an effort to urge ac-
ticn on the bonds. The representa-
ton from the Central Labor Union
was larger last night than 1t had
been at the previous meeting.
After all other business scheduled
to arise had been disposed of a reso-
luton was adopted unanimously to
award the bonds to the Leach and
They offered S102.777 for each 800
worth OF bonds, thereby giving the
city premium of approximately
$4,165 on the entire issue. The
bonds were sold with sort of ver-
bal understanding with the bond
companies that in event the city
should, for some reason or other not
be able to build the plant, they
might resell up to the time of re-
ceiving bids on May 10. The COM
panies would not guarantee to buy
the bonds after today at the price
quoted as, should the market change,
the premium would be reduced cor
respondingly and the concerns would
reserve the right to reject the bonds
entirely. Today is the last day on
which the concerns legally had to
buy and, deciding to take no chances
on market changes and of losing so
excellent a premium, the aldermen
were unanimous last night in decid-
ing to make the purchase.
The light plant and fire bonds were
signed by the proper city officials to-
day and it was expected that they
would be delivered Immediately by
City Treasurer James A. Rhodes.
C. R. Pierce & Son had COM
munication before the Board of Al
dermen last night requesting that a
correction of taxation of property be
made. The letter was referred to
the committee on taxation.
An application filed by Mrs. Dora
NitSche, for license to operate an
employment agency at 429 State
State street, was received and re-
ferred to the committee on judiciary.
Request made by Liberty Hook
and Ladder Company to take its fire
apparatus and parade at an "Old
Home Day. celebration in South
Amboy on August IA, was referred
to the committee on fire.
Warrants for the Front street
pay roll were ordered drawn. -.
A report of the fire department
election on Monday night, was re-
ceived and filed.