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Brevier Legislative Reports, Volume XXI, 1883, 311 pp.
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CITY SINKING FUND INVESTMENT

Mr. Fletcher's bill [S. 67] to authorize municipal corporations to invest their sinking fund temporarily in the bonds of the United States Government or Indiana State or County bonds, was read the third time.

Mr. VAN VORHIS explained its aim was simply to permit a temporary investment of any funds belonging to any city or town in Government bonds or Indiana State bonds at the hands of any County in this State.

The bill passed the Senate-yeas, 35; nays, 3. Then came an adjournment till 2 o'clock.

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