Show HARD ON THE BANKS I 1 PRINCIPAL HOLDERS OF THE discredited WARRANTS the county indebtedness case will rind find its way into the courts holders will not hot submit the subject ot of debate to which all others were subordinated down at tho the joint bullying bull dIng yesterday as well as arrion among C brokers and speculators tors was the order of the county court directing treasurer lynn to resistor register no more county coun y war warrants rants and to retain subject to tho the order ot of the court funds now a hand for tho the operating expenses ot of he fie new administration the order perfectly agreeable to those who began becan their official career with the 0 of january but those who retired on that day ana anc who failed to dispose of their warrants before tile the present discussion arose feel it severely amons among this lat ter class are assessor leonard and treasurer lynn there are not many in this category however the salary of the average employee Is no not sum bulu cl bently munificent to enable him to walk around with a warrant or a 75 warrant as the case may be tor for a pocket pleze piece and a few hours after it has been received generally gene raily rinds finds it la in the hands of the warrant brokers who are in this instance the banks treasurer lynn reports that the warrants have been in stiff demand all the while at front from 2 95 cents to par ar with golfers fers the banks as the principal holders hol the tendency of the market however Is bearch bear lh and those who have not sold must be prepared to allow material mater lal discounts tor for ready cash ex county attorney murphy into whose shoes ahmea the present incumbent of that office stepped states that he called the attention of the county court in early summer to the statutes ins ing the debt limit and states that he concurs with his successor in his gen oral cral line of argument A point urged by mr murphy as debatable is that affection affect In the amount or of bonds the ine county would be entitled to issue lie ile leans to the opinion that the esue would be smiled as are the general liabilities to to the amount or income from the two years pro proceeding ceding the fiscal year in which the liabilities are incurred again lie ha expresses his inability to see froni from what the county court derives its auL authority hority to set aside the amount I 1 now 0 OV in the treasury in tavor favor of 0 one bot act or preferred claim ant sand against another and predicts that the court will deny the right ile he also takes the position that the school fund Is not a part ot of lie 0 income or revenue revinue ot of the count the issue 14 creating as much interest small broker crokers oro kers bankers ard and speculators among whom the wat warrants rants have drifted and it la Is not unlikely that jhc thc matter mailer will vill elrd d its way into court belore before nany many hours have expired tho the holders it may be bellel upon will not submit to a loss of 0 warrants arra lits representing 4 v without liliom P fc ll 11 alst st ht |