The daily dispatch. [volume] (Richmond [Va.]) 1850-1884, 1853-01-08

r. s,rxra Furp or rHx Cr41~ The follow
- o-a,u.nce has been prepared y relation to The
-ss.,,;,hment Of sinking fund, pursaant to NE
charter Of the city, By the Conminse o. r'nAnss'
and will be reported for adoption at re ne1i resu
lar meeting Of the City Council, On Monday e'en'
ing next:
/. Be ID ordained BY the coEnea Of Me Cay %
Richmond Thai from the accr uing revenues oil me
City the Chamberlain shall set apaTt Winin INC
fiscal year. commencing on the nrst Gay o. MaIeI,
1853, and within every succeeding year, sa
equal to seven per cent OF ene ~. a~.
mentioned being the amount OF tho oity ceo' ca
listing at the commencement OF ths act revising anu
reducing into act the provisions oil the cnaf'ei
ofthe city OF Richmond. -, -,
3 The fund thus set apart shall be caheo lhe
sinking Fund, and shall be applied By the ham
b.rlsn to the payment of the interest OF the 1lly
debt and the principal Of such part asmay De re
deemable. II no part be redeemabie, then me lest
due of the sinking fund, after the pas ment Of sucn
;n,erest shalt by the Chamberlain be invested
and applied required BY the 47th section Oh sau
act -. .ox,
r,encement ofsaid act been contr acted, ana wneh'
ver hereafter there shall be contracted by the City
sny debt not payable within the next t"eiVe
months there shall be ser apart by the ChaihoeI
lain in ike manner, annusiy ior lhifiy.toui y.s
or until the debt ia paid, sum eHceeoIns ~ ono
ner cent the aggregate amount OF the annual IN
terest agreed to be paid thereon at the tune OF us
contraction which sum shall be part OF tne si"A
ing fund.- and shall be apphe1 as az oIeSau. ,ba
If within the fiscal year, Commencing un t az
| first dav Of March, 1853, in any succeeoins US
cal YEAR the revenue OF the City, accI ing 'as
taxes and other yearly income, snaii hoS :.L:
Gent to enable the Chamberlain to SET alsit a,
snnb wear what il required by this ordinance ena
to paw whatever else is discussed or -Iequieu
within such year for other purposes tnah 80 80,
demption of the principal oft eertincaI5s oi We
Is known as the permanent debt OF the Cisy; .no
of he IN q
mentioned in the ordinance liking the suHis W Do
collected for assessed taxes, shall tor the caienod
year commencing ON the first day OF jar uary neA'
after the commencement OF the hsca year ID WHICH
there is sucn nsuticieney, be increased (Without
any further ordinance the subjecD nve per CEN
tutn upon what they shall have been at the COM
meEcement OF the year in which there 10 sucn III
| sutfi ;iency.
5. The first section of the ordinance passed the
7th Of June, 1850, concerning the debt OF the Cny
| of Richmond, and The second section OF the oroi
nance passed the 9th OF Cctooer' tool, cehcernins
the temporary debt Of the City, are hereby re-
peaed.
CHARGE OF RECEIVING STOLEN Goods
Moses Pike was arraigned before his Honor
yesterday, on the charge of receiving gold
watch, worth $35, from free negro named
Jacob Cross, who, it is was alleged. stole 1t
| from another negro named Henry White, slave
~ONe
cember last. Officer Johnson certified that on
| Saturday evening last, he heard that watch
had been stolen from a waiter at the American
Hotel, named Henry White, and upon enquiry,
| obtained the marks and number. He was IN
formed that watch, corresponding to the one
lost, had been offered to Mr.. Pearce, jeweilen
by Mrs. Pike, for purchase. Upon enquiry
of Mrs. Pike, she told him (Johnson) that she
had purchased a watch from white man, for
s35, paying $l2 Of it in cash, the remainder
in clothes. On seeing Mr.. Pike, he said ne
had purchased it of a negro named Jacob
Cross for $35, paying part money-the rest in
| clothes. Mrs. P. gave the watch up immes
dately on demand.
VIM. A. Spots testified to selling the watch
| to Henry White, the negro.
| Moses Pike stated that he received the
watch from Jacob Cross. That Cross was in
his store on Thursday, and gave back all but
| ~ OF the money. and the clothes. desiring to
receive the watch back. Cross was not
pleased with the clothes. He Pike hadFpub-
licly sent the watch to Mr.. Pearce for exam-
| nation, TO ascertain the value of it, and had
| been willing to return it TO Cross on return of
the money and clothes. Did not know it was
| stolen.
Henry White, the slave, owner of the watch h,
deposed that the watch was taken from his
pocket while he was intoxicated, on the 2Sih
| alt. Did not know who took it.
Mr.. Darlington, counsel for Mr.. Pike, said,
| that the watch, from Whites own testimony,
might have been lost instead of stolen from his
| pocket, and found by Cross. At any rate,
there had been no eoncealment on the part of
| Pike, as to purchasing and possessing it.
| Cross has not yet been arrested.
Owing to the absence of necessary witness
es, the case was further continued over until
to-day. Pike was admitted to bail in the sum
| Of $500.
LICENSE OR NC Decentralization are now
being extensively circulated, and generally
signed in this city, asking the privilege of yot.
| ing at the next election upon the question as
| to whether county and corporation courts shall
have the privilege Of granting licenses 10 retail