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Show Will Ila Two Trnaanrer. Philapki.i'iiia, Pa , May 28. Roth branches of the city council yesterday accepted the resignation of City Treasurer Treas-urer Banlsley. The six democrats in the select branch entered a formal protest against allowing a man charged with such a serious crime to resign. Richard CI. Oellers, business manager of the Rec ord, was elected to till the unexpired term. The democrats refused to take ! any part in this election. While the ; meeting was in progress democrats endorsed en-dorsed Led wood Wright, Governor Pattison's appointee. Uartlsiey's resignation will take effect Saturday "next and then Philadelphia i will have two city treasurers, one named ! by the city council and county commis-I commis-I turners and ouo bv the governor. The question will probably be brought before be-fore the courts at ouco. The investigation developed the fact that Banlsley had considerable dealing with tho other brokerage firms besides Glendenning & Co., ami the inference is that he speculated throueh these firms. The report that Banlsley had hypothecated the securities of tho sink-ieg sink-ieg fund is denied by Mayor Stuart. District Attorney Graham took out another warrant for Banlsley' arrest, charging him with perjury in violating his oath of office in using the public mouty for his own gain. |