Show INTEREST ASKED I ION ON CITY BONDS BONS Custom of 11 Waiving Interest When hen Principal Paid Attacked A Th The Tho demand that tho the city commIssion commission commission commis commIs- sion require taxpayers to keep up annual annual annual an an- nual interest payments on unpaid balances balances bal bal- ances duo on special Improvements though they have paid In advance all ance in installments In- In on the tho principal was re renewed rc- rc before the city commission lon yesterday yesterday yes yes- esterday es by representatives of the R R. N. N Stinson company bond buyers Time Tho company compan will wil ihl probably bring mandamus proceedings to obtain a de decision decision decision de- de front from the supreme court on Its IN point unless the city complies compiles with Its demand The commission took tho the matter mater under advisement The present practice Is that when t taxpayers s anticipate installments on the tho principal interest on rem remaining In Installments Instalments In- In Is not required t to to be paid until they t fall l duo dUe The bond compan company com corn pany pan maintains that the interest should be paid annually in any an event event II I J. J Dininny city attorney took tool the position that no such pa payments ments are aro required under the statute Karl Karl A. A Scheid city commissioner of ot finance Is inclined to the tho same Bame view favoring the tho taxpayer as at against the bond ond buyar buy buy- er ar Tho The matter mater was brought up by bythe bythe bythe the bond company some tinie ago but no definite defnie action was wa taken and the queston question is still sti to be bo thrashed out Inthe in inthe the committee of ot ti the whole |