The Morning Tulsa daily world. [volume] (Tulsa, Okla.) 1919-1927, 1922-08-29
BEST OFFER FOR
BONDS REJECTED

CONTINUED FROM PAGE ONE
August as IAN attempt TO force us
into doing business with them after
had told them they would get moth.
ing from this administrations
Pleasant offered S3l,5OO, no Hd-
mittcd. but added that the bid was
not accompanied by certified
check nor would Pleasant let the
commission read the telegram from
an eastern banking firm on which
The offer was based
Il was iu the city attorneys Of
flee that Thursday morning discuss
ing the paving Job on North PEORIA"
Pleasant, whose brother. Carl Pleas
amt. is active local head OF the con-
tracing firm he represents, stated
Monday.
while | was there noticed Hon
mold writing a contract for the
bonds. lie told me he had pur-
chased thcm for a premium of Si7,-
600. knowing OF the formal bids re-
ceived 10y the city Wednesday, and
realizing they all were exceptionally
low, our firm early Thursday morn.
ing had wired our eastern house
asking for permission tn enter the
informal bidding and for "a price
we might offer.
White | was in the city attor-
ney's office, one OF our office men
brought me a pcnriled copy uf tho
reply which had been tclephoned 20
the office 10y the Western Union be-
fore delivery was made.
Pleasant Trlls story.
"i immediately called Mayor Sew
block To one eide, and told him we
could offer the city "A better figure
than that OF Honnold. lie said he
would see what he could do Later
! met him In the reception room OF
his suite, where he Informed me Il
was too late--thut the commissions
promise already had been given
However, he asked me FOR the name
ot my correspondent. This intorma-
tion is not usually given In such In.
stances, and | refused, but / told
him we could give Il $4,000 prem
ium for the sewer bonds. city At
torney |. j. Underwood also told
me / was too lato.
Shortly afterward the meeting
was called to order in the commits.
sion room. Underwood called me in
side and asked me 20 make my offer
in writing | told him and the 9TH
ers that IL our bid was accepted /
would Immediately produce certi
fled check for unc-per cent of the
bond issue and give a written agree
ment. Then | raised our figure and
offered $31.5O0.
Finance Commissioner J. G,
Whiteside refused TO take my offer
seriously and asked me why | didn't
make the same offer to HUunOld
and take the bonds off Of his hands
| agreed to give Honnold the same
amount as | offered the city, but he
was not favorable 10 my suggestion.
Mayor Newblock volunteered the
information that he didn't think
very much Of anyone who would
come up that late In the game and
try TO put anything over without
showing where his telegram was
from
IL later told Ncwblock | had no
desire To muddy the water--that |
merely wanted to help the city get
nearer what the bonds were worth
and at the same time make a profit
for my company both of which were
possible.
During the latter part of my talk
noticed the mayor and commission
ers were signing what appeared to
be the contract with Honnold for
premium of Sl7 1000. which waa sl4,-
500 less than we would have gladly
given III We nad Dcen allowed
Several Reasons. He Says.
Mayor NcwblOCk insisted yester-
day there were Several reasons
why Tlbbetts' & Peasants bid was
not accepted. Principal among
these was the refusal to exhibit the
telegram that prompted the bid;
other reasons were that no certified
check was given when the bid was
made, that 10 was not presented In
writing that Tibbets x Pleasant
tried to force some OF the officials
to break their resolution against Civ
ing this firm any more contracts
and TO break the commissions prom
Use, made to Honnold. made before
Tlbbctts & Pleasant entered the
building.
II asked Pleasant to let mo SEQ
the telegram" the mayor explained
because II was written with pencil
and because he was willing 10 show
us only one line OF II. lie had fold
ed the paper In such manner that
most OF the message was hidden
1T was no time for Pleasant to
bring up his bid after everyone else
had entered his. told Pleasant
some time ago that his firm wouldn't
get anything else from the city. be-
cause Il Is almost broke. and II looks
to me like this was an effort Ia
make us do busln ess with them. BE.
sides there were some strings 10 his
offer that VIC couldn't accept"
These Strings were not explained
AS far as can he learned. Tibbetts
q Pleasant have completed all con-