Perth Amboy evening news., 1923-06-05
CITY ELLSB BIC
BOND ISSUE
City Treasurer Reports on
Sale of Bonds at Meeting
of Aldermen

The action of City Treasurer Frank
Dorsey in selling to the First Ma
tional Bank of Perth Amboy-the
highest bidders-s6S. 500 worth of
bonds was approved by the alder
men last night. There were five
other bidders on the two bond is
sues, one OF which was for $500 0
and the other $4,000. The BIDS were
as follows: First National Bank, 40
bonds s5O,629, IS bonds $1S,533:
Perth Amboy Trust Company. a.
bonds ~s5O,016.75, 10 bonds $lS,66l.
Raritan Trust Company. so bonds
S5O.155, 10 bonds $1S,557.S5: R. NJ.
Grant & Company, so bonds S50,670,
10 bonds $1S,632; H. L. Allen x
Company, 40 bonds ~$50,042.10, 10
bonds SISTERS; George b. Glib
bons & Company, 10 bonds S5O,O6l,
IS bonds s1s.507.
A petition from fifteen residents
along Bruck avenue and Meinzer
street asking for q street light or
the corner of these streets was re-
ceived and referred to the lamps
and lights committee.
The council was requested IN a
communication from the Lehlgh
Valley Railroad Company OF New
Jersey and the United Real Estate
Company, to pass an ordinance de-
cIaring part of tombstone street va
Gated and relieved of further tr1ulc
in order that the railroad company
might go ahead with its crossing
elimination work. This was referred
to the committee of the whole.
The ordinance creating the office
OF city prison keeper was adopted on
second and third readings, Alderman
Clark voting No" after which the
appointment by the mayor Of Nels
J. Jensen, OF 551 Sayre avenue TO flll
this position at a salary of Sl,20U a
yeas. vas approved.
Mayor Wilson referred to the
board a communication from Police
Chief Tonnesen pointing Il the
need OF a suitable place, in charge
of a matron, where juveniles might
be held for detention. Owing
to the large number of juvenile cases
and the lack of accommodations in
the police station, the chief points
out, it is necessary some times to
lock small boys up in the lookup.
This was referred to the committee
of the whole.
City Engineer Louis P. Booz, Jr.,
reported on a request made at a re-
cent meeting by a Brace avenue
property owner for a re-alignment OF
the street west of ConveTy Place. A
resolution was passed later in the
meeting authorizing Engineer Booz
to go ahead with the engineering
work necessary to properly align
Brace venue from Convery Place to
Florida Grove Road.
The fire Nornp1fttha WAS a~nthOriZHl
to receive bids for the painting of
the interior OF the Liberty firehouse.
Tire Btreet committee was authorized
TO purchase n Ford runabout with
business box and equipment for a
sum not exceeding $500.
The street committee was in
structed to have the iron fence
along Water street repaired and
painted a. a cost not exceeding $3.50.
A ~r.-solution was adopted requesting
the freeholders to correct the sewer
conditions now prevailing in State
street opposite the Lead Works.
to confer with the freeholders rela-
tive TO this matter at the next
meeting of the county board.
The police committee Vas author
izedto purchase four bullet proof
vests at a cost not exceeding $500.
Alderman Mcclure suggested the
purchase of umbrellas and small
platforms for the traffic men and
declared that he believed it more
appropriate to spend the money for
thes things than for the bullet
proc vests.
Alderman Waters spoke in defense
Of the purchase of vests declaring
that If the two Jersey City police
rsen who recently were killed by
a bandit, had worn these vests they
would no doubt be alive today. He
added that Alderman Mcclure WAS
the only member of the board who
did not see fit tn witness the dem
onstration given the aldermen Of
these vests recently, Alderman Nc
CURE said he had not bothered 10
see the demonstration as he had
been told the vests didn't amount
to much and did not think it worth
while TO see any demonstration.
That is the reason why you should
have seen it and be convinced
Alderman Riedy told him. The
resolution was passed and the vests
will be purchased.
The city treasurer vas instructed
10 sell certain bonds. renew others
and reduce some. The S250.000
school bonds were approved as 20
form.