Clarksville chronicle. (Clarksville, Tenn.) 1857-1865, 1858-02-19

Tuesday evening, in regular session at the
new Council-room, over Valliant's store
present Mayor Hitter, and Aldermen, Smith
Blackman, Williams, Farmer, Beaumont,
Duff and Rice-absent Alderman Ware.
After the reading Of the minutes, of the
last meeting, the Mayor proceeded TO com
municate to the Board brief statement
of the present condition of City affairs,
from which we learned that the present
debt of the City exclusive of Railroad
bonds) is s9,633,65. Of this amount
81, 558,65 is past-due-fell due and was
left over some three years ago--none of it
contracted under Mayor Hiter's admins
tration. Of the balance of the debt $4,-
925, will fall due this year.-the remain
ing balance in 1859 and 1860.
The estimated receipts Of the City for
this year are put down at $4,000 at the
present rate of taxaticn--and at nearly
$4,000 provided the contemplated ad-
vance in the rate shall be established.
The total liabilities for this year includ-
ing the debt past-duc, and the Railroad
interest are estimated at about $19 1000.
After the report by the Mayor the un-
finished business in the minutes was Ia
ken up, and disposed of.
The Committee on the new Council
room reported that they had rented the
room over Valliant's store at 800 per an
mum, and furnished it at cost of about
$3.50. The report was received, and the
action of the Committee ratified, and they
discharged.
Committees were authorised and direct
ed to contract for thorough repair of Frank
lin street from the square to second, and
of Water street from College to Commerce:
also to have Telegraph Alley graded,
and McAdamized from the square to
spring street. ...
Alderman Williams then called up his
resolutions providing for the building of
New Bridge across Red River near its
mouth---to be paid for by proceeds of City
bonds having ten years to run.
Said bonds are to bear per cent inter
estpayable semi-annually, by Coupons, and
the entire tolls of the bridge when com
plcted, are to be applied, first to pay that
interest, and then the principal of the
bonds,-and can be used for no other
purpose sinking fund for the safe in
vestment Of any accumulated tolls being
provided for in the bill.
After considerable debate, and after
several amendments and corrections, the
resolutions were passed by unanimous
vote-the several amendments being then
as above. The same gentleman's resolu-
tons providing for an issue of $4,000 Of
bonds, to run 80 years, to be applied to
street improvements, were laid over till
next meeting.
The Board resolved to petition the
Legislature for several changes in the
charter OF the Clty-among which are
powers to levy tax not to exceed one per
cent;-to create seperate officers of tax-col-
lector, and City Constable;-to increase
the amount of money the City may borrow
from 10000 to 500, 900 ; and some 9th
err less important powers. This resolution
was adopted by unanimous vote, and City
Attorney, King empowered to proceed to
Nashville, and secure the attention of our
Senator and Representative in the matter
of its passage by the Legislature.
Some claims were allowed, and Others
referred to committee on accounts, and Al
II o'clock the Board adjourned.
"ANoTHER RICHMOND IN THE FIELD
H. A. Fowlkes, two doors from the
Court House, on Franklin street, hal
opened Wholesale and Retail Grocery
and Commission Store, where may BE-
found everything of the best, in the way
IF q rocer;es unon GOOD terms Gall an,