Newark evening star and Newark advertiser. [volume] (Newark, N.J.) 1909-1916, 1915-11-04
CRITICISED FOR
FAILURE TO SELL
BIG BOND ISSUE
Aldermen Want to Know Why
Bids Have Not Been
Received.

For failure to advertise the sale of
$25O.O00 dock Improvement bonds
which were authorized by the Com
mon Council some time ago, City
Comptroller Tyler Parmly came in for
criticism at meeting of the finance
eom:nittee last night Commissioner
Albert Biertuempfel, of the Board of
Works, appeared before the commit
lee and explained that the entire OPP
grafton at Port Newark Terminal
would have to stop unless further
money was advanced.
Chief Engineer Morris r. Sherrerd
wrote a letter in which he explained
that II the $3.50. 600 was not appropriate
ed portion of the 100000 issue
would have to be sold, and thus the
purchase Of further parcels OF land
In the development zone would be
curtailed.
Comptroller Tyler ParmIey this
morning stated that arrangements
were under way to sell the bonds and
that they were now being printed.
He said that some time ago he had
communicated with Deputy Chief En-
gineer James G. Halloek for informa-
ton as to whether the money was
Informed Comptroller Par1niey that
the s250,000 would be required and he
at once set about to provide for the
sale. Mr.. Parmley said this morning
that the advertisements would be i'm
serted in few days and that as soon
as bids were received the bonds
would be sold and the money would
then be available.
The members OF the committee We're
quite surprised when they learned
that no effort has been made to sell
the bonds. City Counsel Spaulding
Frazer explained that perhaps some
slight delay was caused when a new
ordinance correcting the title of the
bonds had to be passed He said.
however, there was no reason why the
bonds should not be advertised.
With the passage OF the referendum
providing for the issuance of $1.500,0
bonds for the erection of a city me-
mortal building by the voters on Tues
day. former City Counsel James r.
Nugent, counsel for the Committee of
One Hundred, together with the mem
bers of the memorial building commit
tee of the Committee of One Hundred,
appeared before the committee to
urge prompt action.
Alderman Phillips Chafrman Of Committee,
1t was decided to have a, special
sub committee. Of which Aid. NJ. F.
Phillips was selected as chairman, to
|provide for the issuance of the Sc
curities at the earliest possible date.
In presenting the request to the unerl1-
bers of the committed Mr.. Eusent
said that the voters had passed on
1.-THE amendment and that in order to
start work on the building without
delay it would be well to plan for the
bond ISSUE He urged that the conn
|mittee cooperate with the memorial
building committee SO that all mat
ters might be taken care of quickly.
President r. Spencer Smith, of the
State Harbor Board, explained to the
committee the fight that II being
made against the rate discrimination.
He told the aldermen that In order
TO carry on the investigation 1t was
necessary to assess each municipal
ity on the basis of the total tonnage
of shipments. City Counsel Spaulding
Frazer advised the committee that
an appropriation should be made.
since the city OF Newark is particu-
larly concerned as to a rate reduc-
tion. The committee voted to appro-
pirate s5,125 as the city's share of the
cost of the campaign.
In order that Building Superintend-
ent William p. O'Rourke may be able
to have sufIicient transportation from
place to place sS75 was appropriated
for the purchase of new automobile.
Threatened by two heirs to file ex-
ception to the will of Mrs. Annie
Milligan. which would affect the be-
quest of $1,000 to the City Hospital.
the finance committee decided to
compromise the situation and refund
$500 to raise sum that would be
satisfactory to the heirs. City Coun-
sci Frazer explained that st. Bar
nabas's Hospital was willing to cut
$500 off their request to raise the
$1,000 demanded by the two heirs who
were not remembered In the WILL
This action was satisfactory to ule
committee. in order that any further
litigation might. not follow.