February 1906 City of London by-election February 1906 City of London by-election The City of London by-election, February 1906 was a parliamentary by-election held on 27 February 1906 for the British House of Commons constituency of City of London, which covered the "Square Mile" which was the United Kingdom's traditional financial district. The seat had become vacant on the resignation of Alban Gibbs, one of the constituency's two Conservative Members of Parliament (MPs). Gibbs had resigned in order to provide a safe seat for Arthur Balfour. He would go on to succeed his father, Hucks Gibbs, as Baron Aldenham the following year. Balfour had been out
District of Columbia Financial Control Board traditionally reserved for the city government and responsibility for balancing the District's budget. It could approve or reject the city’s annual budget, its financial plan, and any attempts to spend or borrow in the city’s name. It could review all future and existing city contracts. The Board was expected to approve the Mayor’s appointments to key government positions, including the Chief Financial Officer (CFO), and had the authority to remove such appointees for cause. The Control Board also could disapprove District laws passed by the Council. Congress gave the Control Board four years to balance the District’s budget – a