Norwich bulletin., 1915-11-22

Setectm0h ana tF0deurof ot o,Nu VT Brooklyn at.Law Over DepositIna
 Town's Funds--New Police Deg Es-
 eapss from PaIisads kenneis-caIs
 5reaks of Four Trolley Line Peles.
 As the result of a disagreement be-
 tween the selectmens of Brooklyn and the treasurer of the town, George w. Eastment, as to where the money of the town shall be deposited, MT. East ment is summoned under naandamus proceedings to appear before the SUI
 perior court in Putnam next Friday and show cause for refusing to deposit
 the funds of the town as directed by votes of the town and votes of the se- lectmen, as set forth in detail in the
 notices of the proceedings served on MT. Eastment. NIT. Eastment has the option, to avoid the court proceedings, it is set forth, of commencing to use
 the bank designated by the selectmen as depository on or before Tuesday of this week, and continuing to do so. The selectmen of Brooklyn are Oh- yer F. Downs, Fred A. Card and John F. Fitzgerald Monday of last week at
 a meeting of the board. Messrs. Downs and Card present. Mir. Fitzgerald being absent, it was voted that the select men of the town of Brooklyn designate the Danielson Trust company as the depository of the funds of the town of Brooklyn which are to be deposited
 subject to check, and that the select
 men direct the treasurer to deposit such funds of the town in this institu- ton.
 The selectmen on that day, it is set forth, acquainted the treasurer with the action taken. and he refused to follow the direction to use the Dan- ielson Trust company as a depository and has continued to refuse and neg lect to do so.
 
 lyn Feb. 25, 1898. called, among other things, to see what action the town would take with reference to the issu- ance of bonds for retiring outstanding indebtedness and for creating sink
 ing fund for the payment of such l bonds as they would come due, the resolution passed included a provision | that, commencing with the year 1901 May 1, and annually thereafter during the life of the bonds, $932 be appro- 1 priated as a sinking fund, this sum l to be invested by the town treasurer | but by and with the advice and con- sent of the selectmen, in some proper savings bank or other institution oI security designated by law for the i'm vestment of trust funds. It Is on this vote that the selectmen base theil right to direct how and where the sinking fund shall be deposited. The information in the mandamus proceedings sets forth that in 1914 and 1915 the treasurer of Brooklyn depos- ited $932 each year in the Windhan County National bank of Danielson and that such deposits were made without the advice and consent of the selectmen and were not made in ar institution designated by law for the investment of trust funds. MT. East ment was not the treasurer during this 1 period, however, Oscar F. Atwood ther holding the office.
 Annthar- hu fhn enlnNf. l men at their meeting last Monday | directs the town treasurer to deposi | the sinking fund in the Brooklyn Saw l ings bank here, but, like the direction | to deposit funds subject to check 1T l the Danielson Trust company, he ha: | declined to do so.
 | At the annual town meeting in Oc. | tober of this year, Brooklyn elector! ] voted that the town treasurer be au- l thorized to borrow money to meet tn, l town for the ensuing year, all notes t( ! be countersigned by the first select. man, Oliver F. Downs.
 | On Monday of last week, Nov. Is the selectmen of Brooklyn arranged
 for a loan of $10,o00, bearing interes 1 at the Danielson Trust company, thi! sum begging required on that day tC | pay a note bearing per cent. inter est then maturing at the Windhan County National bank.
 The selectmen took the note tC | Treasurer Eastment and requested anC 1 directed him to execute it, the uott | having been countersigned by Mir Downs. MT. Eastment declined to dC | as directed unless the note was madI payable to the order of the Windhan County National bank for money t( | be borrowed on it, it is set forth. The note of $16,000 became payabl, | last Monday at the Windham Count, National bank and is now a week pas | due and unpaid, interest accruing a | the rate of 6 per cent. per annum. l. The writ of mandamus was asked
 for that MT Eastment be\required t,
 use the Repositories designated by tn selectmen.
 Treasurer Eastment's Statement.
 MT. Eastment said Saturday after l noon that he was approached sool after his election as town treasurer b, 1 two citizens of Brooklyn who request | ed him to transfer deposits in tn
 Windham County National bank to tn DanielSon Trust company. MT. East ment says he gave his visitors no sat
 isfaction either way. Later the SC lectmen urged that the change b made and he contested their right t direct where the funds be deposited and still contests it. As to the sink | ing fund of the town, that Is in tn ] Windham County National bank. MI 1 Eastment called attention to the fac 1 that he did not deposit it there, thi having been done by his predecessor
 Oscar F. Atwood, and MT. Eastmen further claims that he has never beel requested or directed by the selectmel to change this deposit to any othe l bank