Herald of the times. [volume] (Newport, R.I.) 1849-1856, 1852-08-05

AOWN ~ 0RNSbos AVN
Meeting was held at the State House,
Saturday afternoon, ss 4 o'clock, vii.
liam H. Cruns,un, ESQ, Moderator,
presiding. The Committee, appointed
al the Annual Meeting in June, to con-
slider the expectancy ofthe Towns pur-
chasing the Old Stone Mill Lot, made
the following report, which was read and
received -
The undersigned having been ap-
pointed a Connmiite, at the Annual
Meeting IN June, to consider the pro.
priety oi the Towns urchasing the
Old Stone Mill Lot, so called, and 10
gather such information in regard to the
same as would be- Of interest to the free.
men, beg leave to Report, that since
their aPpointn ent they have carefully
Investigated the whole matter, and de
voted much time 10 the same.
They beg leave TO state that tie lot
contains nearly .wo acres that it is
most cligibly situated, MS the freemen
well know, and contains the old Stone
Mill which, ms an une xplaincd and un.
interpreted relic Of the past, gives TO
said lot a greatly increased value that
owing TO the large influx of strangers,
every year, many Of whom are building
expensive aud beautiful residences, in
that vicinity, the vnlue Of real estate
has been very much augmented, and
readily commands high prices that it
is very desirable that this lot should be
purchased by the Town and laid out as
public Park to be surrounded by
sui able fence and ornamented with
trees, &c, AT future day.
Your committee would further report
that the owners OF said lot ask $4,000
for the same +; that il il is purchased by
tn. Town, they will contribute one
thousand dollars towards the same
and your committee have every rea-
son 10 believe that other gentlemen,
who are interested in property in New
port, would contribute largely towards
purchasing and ornamenting the same
that the owners are determined n sell
said truct OF land, to he divided into
building lots, at public auction, AT a
very early day, il il is not otherwise
disposed OF. Your committee are Of
opinion that the Town should not al
low SO desirable lot to be sold and
built upon, il the same can be obtained
for a reasonable sum by the Town.
They would further say that the emf.
nent Sculptor, Mr.. .Greenough, has gen. !
erously offered to place a bust OF the
j. Fennimore Coz per in
said Park, il i, is purchased by the
Town.
In conclusion, your Committee recon- !
mend the ireemen To appropriate the !
sum OF Five thousand dollars Tor the
purchase OF said lot, the same to be paid
out Of the Treasury, whenever the bnl-
ance oi five thousand dollars shall be |
raised by subscription, and the owners
are prepared to give the Town ia valid !
title to the same I; they further recon-
mend thar this sum BE- voted by the |
Town, upon the condition that the OWN
ers give the Town Il credit Of ten years !
upon the same, the Town annually pay
ing them an interest Of six per cent.
per annum upon said sum OF Five ,hous'
aud dollars.
All which j. respectfully submitted, by
JOSEPH b. WEAVER. }
o. BURDICk. I Comm.
Tie Report was accompanied by the
following Resolution, which the Com
mittcc rec commended to be adopted:-
Resolved, That whenever the sum oi
five thousand dollars is raised by sub
scription 10 aid in the purchase oi the
Old Stone Mill Lot, and the stone siruc-
ture thereon standing, and the owners
oil said Lot are ready to execute n good
and valid title ofthc same, TO the To wn,
Internationally that the Town Treasu-
rer be and he is hereby autho rized. TO !
To the sail owners, for five thousand /
dollars, payable ten years after date, the
interest, at six per cent. per annuul, to
he annually paid by the Town, on said
amount. to the present owners Of said |
lot; and the sand sum of five thousand |
dollars is hereby appropriated ior that !
purpose, to be paid upon the foregoing
conditions, and at the tiEae above sta
ted.
1t was moved to postpone the Reso-
luton indefinitely the vote was taken
and resulted as follows, ayes, IS, noes,
1.
The consideration ol the beqres,s TO
tile Town by the late Christopher Fry,
WAS referred to the Council.
The Town Council was authorized
to arrange with Mr.. Hunter for right
OF way to the As, lum through the Dyer
Farm.
The Town Treasurer was authorized |
to accep, ofa Bond for $4,000 from
the Cole tor with satisfactory sureties |
for the collection Of the Tax.
Joseph B. Weaver. ESQ, one Of the
Town. Council, presented his resignation. |
but the Town unan:mously refused to
accept il.
The Meeting then adjourned, sine die
r. r. a