The Pensacola journal. (Pensacola, Fla.) 1898-1985, 1919-09-09
RECALL BID FOR
Time WARRANTS
and LOSE BOND

ne regular monthly meeting OF the
county board of education was held
last night in the office of Superinten-
dent Edwards. A bid for $4,000
worth of time warrants was rejected
by the board and it was decided that
the new issue of s15o,o0o time war
rants would be re-advertised for. as
the bid of the Steiner Brothers Bank
ing Company, of Birmingham, which
had been accepted by the board. has
been withdrawn by that company.
Reports on the progress of the several
building operations We're heard and
the Southern States Lumber Company
was rendered a vote of thanks by the
board for their donation of ten acres
for the Walnut Hill school.
The only bid received for the s16,0 900
worth of time warrants, which were
being issued to retire a former issue.
was from the Duke NJ. Farson Com
pany, Chicago. This bid was unsatis-
factory to the board and the superin-
tendent was instructed to advertise
for further bids. to be opened Sep
TENDER %.
A letter from Judge Carter, attor-
ney for the board. from the Steiner
Brothers Banking Company, of Birm-
ingham, was read by the chairman.
This letter stated that the Steiner
Brothers Banking Company recalled
their bid for the s150,O0O issue on
the grounds that certain attorneys for
that company could not be retained
to act on the value of the issue. The
board adopted the following resolutions
in regards to this matter.
Whereas, Steiner Brothers have de-
eli
the purchase of One Hundred and
Fifty Thousand (s15o,000) Dollars
i've and one-half (5h) per cent in
terest bearing time warrants author
ized TO be issued by resolutions passed
by this board on June 80. 1919, in con-
sequence whereof it has become nee.
essary to resell said warrants: and,
Whereas, Said Steiner Brothers hays
demanded the return of the check de-
posted with their bid; and,
Whereas, In the opinion of this
board the said Steiner Brothers have
broken their contract for the purchase
OF said warrants and have no right to
return OF. said check; now, there
fore, be it
Resolved, First. that the demand of
the said Steiner Brothers for the re-
is hereby refused
The remainder of the resolutions
dealt with the advertising for further
bids for this issue, to be opened Sep
TENDER 20.
The chairman presented a deed for
the fifty feet additional ground for
the West Garden street school, the
consideration involved being $4,000.
The purchase was approved by the
board and it was directed that the
attorney be instructed to carry Out
the same
S. l.. Fulghum, contractor for the
addition to the n. B. Cook school on
East Hill; presented his contract duly
Surety Company. His bond was APP
proved by the board.
L. H. wainwright. contractor for the
Walnut Hill school, was before the
board and reported that material was
now on the ground and that the work
of construction would begin immedi-
ately. MIR. wainwright is also contrac
tor for the Bernt- Goulding school and
stated that he would have the material
for this building on the ground within
the next few days. The board directed
that two warrants be drawn in favor
of Mr.. wainwright for $500 each to be
paid on the approval of the architect
The chairman reported that the old
Cottage Hill school site and building
had been sold for 5000 to Joseph r.
the board.