The daily dispatch. [volume] (Richmond [Va.]) 1850-1884, 1861-04-20
LOCAL MATTERS.

Ctfy CouncH.-A called meeting Of the city
Council was held at o clock Yesterday after. .
tilazebrook, Scott. AiIl, Talbot, Cru tcffieid
Burr, Griffin, WynLe uasktns (;reanor
Stokes, and Grattan.
The Council being called to order, Mr.. Graf.
tan spoke of the necessity of having sufIi-
cheney of funds to meet the presen, and pros
pective wants of lie city, and i'm order to raj y
the same, submitted ian Ordinance for the is :
suing of notes by the city, which, being read
the req uisite number of times and amended
was put on its passage tthe rule being sns-
pended, on motion of Mr.. HUI and carried in
the afiirmatiye-all the members present vo-
ting therefor.
The Ordinance is as follows.
Be 1t ordained by the Con ncii Of the CITY of
Rchmend, That there shall be issued, in the
name of the city Of Richmond. three hnodred
thousand dollars, 10 notes of one dollar, 1fty
cents aud twenty-five cents, for the redemption
Of which the Connci pledges the faith OF the city
and which shall be Receivable for taxes, waier,
iig.s, or any de due or payable to the city OF
hIchmond
2. The President of the Council shall procure
and said notes shall be signed BY him and at.
tested by the Chamberlain III the city.
o. There shall be issued of said notes two hun
dred thousand dollars OF the dcnom nation OF on
dollar: fifty thousand dollars OF the denomi-
as'ion Of fifty cents, and my Thousand dollars
of tho denomination Of tweaty- cents. And
The same may be paid ont for any debt due from
me me Gil! oi Rlchmond, and may DO exchanged for
=. he President OF the Canncil shall take from
the ChanberlaiG receipt FOR fife amount of the
notes, which he shall sign speeifyin the mount
OF such denomination, hich he shall deliver to
tne Auditor; and the Auditor shall charge the
Charlbeiiatn. upon his books, with the amount
speclhed IL Sand receipt Ana ths President OF
.ue eConnct shall sign the said notes from time
tiine so that there shall not be Ia the hands Of
sae ChaEoeran, at any tine more than tea
thousand dollars.
.. when any person shall desire to receive said
notea In payment of what is due to him from the
city; the warrant of the Auditor shall state how
much OF the amount directed to be paid by said
warrant is to be paid out of said notes. And if
any person shall desire 10 obtain said notes in ex-
change for money Bank notes, he shall deposit
the said money, or Bank notes, with the Chamber
lain, who shali give him a re eip. therefor
which he shall deliver to the Auditor. And, there
upon The Auditor shall draw his warrant upon the
Chamberlain. payable out of said notes aud the
Chamberlain shall deposit any money. or Ba nix
notes so received. in Bank as he is directed to
deposit other moneys received by him.
b. The Auditor aud Chamberlain shall keep a
separate account of the notes issued and paid out
under This dinance, showing the amount of each
den 0mi nation issued
- FOR The expense attending the procuring the
plates and paper. and the Issue of the same, the
President OF the Council may draw his orders,
from tine to time, upon the Auditor
Aresolution was adop.ed referring the su D.
Ject OF the purchase of iron pipes to the Com
inittee on the Water Works, to make what
disposition they may choose of the matter.
Adjourned.