by Costello, Augustine E.
In the fall of 1883, fears were entertained that the Police Pension Fund would soon have become depleted. Under the decision of the Court of Appeals in the case of John Ryan against the Board, money to the amount of $77,420.29 was paid for judgments obtained against the Board for sick time deducted from the pay of Policemen for six years prior to 1883. Had not the Legislature opportunely stepped in and provided the remedy, within ten months a dollar of the Pension Fund would not have remained. It was during this period of depression–in October, 1883–that the writer conceived the idea of doing something which, while helping the Police Pension Fund, would serve to perpetuate in durable form the historical achievements of the Police force.
Read the Full Book Below