Brief Meeting Of The Council

Ann Arbor Savings Bank Gets City Funds

No other matters of importance were settled--charter amendments not yet ready

The City Council met Monday evening and hurried the recession, a compliment, by the way, to a certain actress. Several questions were brought up that demanded more time and deliberation than the Alderman cared to spend and they were laid on the table.

City attorney Sawyer said that he had not finished his amendments to the city charter and afterwards blew a little hot air into the ears of the council by way of a semi-final effort to make himself clearly understood on the subject of charter revision.

Bids for the custody of the city funds were read as submitted by the state Savings Bank and the Ann Arbor Savings Bank. The former proposed to pay 1 1/8 percent on daily balances and the latter 2 percent on daily balances and to pay same or credit on June 30 or Dec. 31. The bid of the Ann Arbor Savings Bank was accepted.

An addition was proposed to a Ald. Clancy's former motion regarding the grade separation. It provided that the Ann Arbor road shall furnish the gravel and dirt sufficient to construct the approach to the railroad at each crossing affected by the grade separation the matter was not decided last night.

A general statement of city funds shows $41,213.05 on hand, paving fund on hand $27,497.81, making a total of $60,710.86. the sewer overdraft is $15,790.14, the difference being $52,920.72.

The bank balance is $52,731.05 and the cash on hand $189.67, making a total of $52,920.72.