Sunbury American. [volume] (Sunbury, Pa.) 1848-1879, 1853-02-12
OF PHILADELPHIA CITY
COUNClI
TaursIau Ersu;nr. Feb. 2. ,s5

previous meeting.
An Ordinance 10 authorize a Subscription o |
the part Of The Cy TO The Capital Stock Of |
the Sunbury and Erie Railroad Company
Section l. Be it ordained and enacted by
the Citizens of Philadelphia, in Select and
and Common Councils assembled. That me
Mayor OF the City be and is hereby aulhori-
zed TO subscribe, in the name of the Mayor,
Aldermen and Citizens Of P!iladcphia, for
ten thousand shares in me capital stock OF
The SunburY and Erie Railroad Company,
whenever like lumber of shares excepting
all subscriptions now already made, shall
have been subcribed, in conformity with the
provisions oil the charter Of said Railroad
Company: and in like manner for an addi.
tional ten thousand shares shall have been
subscribed as aforesaid BY others.
MIR. Perkins offered the following amend
ment, after the word subscribed :"-''No
portion Of which shall be obtained from any
Of the counties or boroughs which may have
already made subscriptions
The amendment was agreed 10.
The question on the bill, as amended, was
called up The yeas and nays weie CAL
led
Yeas-Mcssrs, Cattell, DufTee, Hutchinson,
Perkins, Smith, Thomas, Waterman, and
Wciheril (Presideni)-s.
Nays-Messrs Hagart, Lancast and Watt
B.
The bill was passed.
~ .aat,
resolution fiom the other Chamber provid-
ing for subscription 10 the Sunbury and Ere
Railroad Company of one million of dollars,
upon condition of the same amount being
otherwise subscribed, and an additional one
million upon the same condition.
Mr.. Randall submitted an amendment, pro-
vding that the City shoull be represented in
the Board of Directors of the Company, in
proportion TO the amount of its subscriptions,
and advocated its adoption as a matter of
Mr.. Orne expressed the hope that the
amendment would be agreed TO- concurri' G
entirely in the views OF Mr.. Randall.
Mr.. Diehl was decidedly in favor of the
main question and, in discussing the amend
ment, he held that the merits of the original
proposition were fair subjects for discussing
He took strong ground in favor of the SUBJ
scripion. The Sunbury and Erie Railroad
would in his opinion, bring very large locaI
trade TO the city, beside that from the Lakes
the latter amounting 10 one hundred and
ninety five millions of dollars; it would be a
;y;J ,,ip nj in hie ion
better than that Of the Pennsy lvania Railroad
Company He animadver,ed upon the su
pineness Of Philadelphia in not taking advan
tage OF the means OF making the city of Phil
adelphia what she ought 10 be, in influence
power and wealth, The first city of The Union
He spoke Of the neighboring cities and States
avaling themselves OF the trade OF the West
and sucurinS the means OF wealth und powe
by spiri, Of enterprise.
Mr. Delhi quoted the adage iha, 'procrasi
nation is the thief of time,' empheticaly ad
ded that procrasina,ion had been the thief o
Philadelphia prosperity. He adverled TO III,
fact that Philadelphia had lost a valuable
trade with various poris in Europe and India
in consequence of her apathy. The time wa
when seven vessels, richly laden with good
from India, arrived in one tide, and now
would be astonishing 10 see that number il
seven years He was opposed TO the amend
ment, because he thought it would embar
rass the proposition.
Mr.. Randall renewed his advocacy of tn
amendment. He was out and out in favo
OF Philadelphia interests, and he believed tn
course proposed by him would conduce ,
their protection.
Mr., Griscom was in favor Of proposition
subscribe, and although he liked the feature
Of the amendment, he would no, vote for i
because i, would tend 10 embarrass the orig
nal proposition.
MIR. Walborn, in quite an energetic speecE
advocated the subscription. He wan,e
Philadelphia TO show her magnanimity, an
to 60 into the work with spiri, and determ
nation. He said iha, the charter Of the SUI
bury and Erie Railroad Company, allowe
The election Of members Of Councils, where;
The charter of the Pennsylvania Ralro,
Company, does not. He was opposed 10 II
ehNHaihthly NHlSl was CdCuldicu u CN
and interfere with the original proposi,io
MI Randall, after an explanation, wit
drew his amendment.
MI Hinman proposed TO amend, by pro,
ding that the subscription shall be made
transfer OF the bonds of the Pensylyar
Railroad Company held by the CITY.
After some debate the question was tax,
and The amendment was los, BY a vote Of
yeas 2, nays IA.
The question then recurring on the +
section OF the ordinance Mr.. Orne moved
an aHnendment, an additional section, prc
ding tor an appropriation Of one half of
per cent Of the income from the subscrip,
quarterly, 10 the sinking fund.
Several members opposed it, on the gro
that at the proper lime The necessary M
rres wonid be taken 10 secure appropria,
TO the sinking fund. When the amendn
was disagreed to.
The question was thea iakea on the res
zion, and it was passed by the follow
vote:
A4 l. Ii