, 1861-06-27
THE cxrTssnANK AooOUNTs.
Common Co1ncaf--speci6l meet1nv

I; THURSDAY EVENING, sune 9a. 1881.
/, Mayor Rumsey presidlng. PrescntAld
men Mnrsha1I, Foss, Holden. Cobb. Hubhard
HsrEey, Frindiyille, White, Perkins, McDon.
I'D, Contaky, Botsford, Hoyt, Myers, Bars9.
"anath, 10y, Colby and Tittsworth-i8.
the previous meeting was dispensed With,
i suEDRr MATTERS.
The bond Of constable G. Vandercook uas
approved.
Tbs report Of committee on granting priv
nege to Lay railroad track On South Wells
street, Eas received and rafe1red back to COM
.mittee.
Aid. Colby, from conmittoe on Judiciary,
reported bonds Of various conAtab1es in The
1st, End, 9rd, 9th, and 9Th wards, which were
approved. The bonds Of coustables in The
7th~ ~and 9th wards were, by Recommendation
Of committee, referred to the Aldermen of
their respective wards.
The bond Of the constable Of the 10Th ward
~es approved; d,,,,,.,, ,-..,-
A con munication Was received from City
IFeaeurer Rice, asking the Council to desie.
nate what funds he should receive In the bust
ness transactions ct his office, and further re.
questing the Council to hold him free from
individual loss..
AID. Tittswnrth offered an ordinance to that
effect, which Was referred to the Committee
on Fin: nee,
TEE CITTs BAfE ACCOUNT.
AID. Holden, from Special Committee ap-
pointed to investigate the financial condition
Of the late Sewerage Commissioners, made
the following report, referred back to them nt
The former meeting:
The following was presented and ordered pub
lished: and the matter referred back to the sana
10 the Mayor ard Aldermen Of the city Of ChIcayo
in Common Council assembled:
Your reject COMMITTEES who were appointed to
investigate the financial condition OF the late Sew
elage Commissioners, having had the same under
advls< It beg 1eaVe to report that they have At
tended to 5 ihat duty. and that they and by the
age Commissioners, the amount Of cash On hand
on the 9TH day of May, and within one week there
after, wae as follows, to wit: -
n 5. F. Carver 4 Cas- Dant o. r. se ss
In E. / TiDk1am & Co.'S Bank. k..... 33,Q40 6g
In American Exchange Bank, Me-. 11,ao3 Is
Your committee have applied At tSe Ssftoas Is
that the actual amounts OF money ii tho several
places we're as follows, to Wit:
Il BaT.he F. capsel 4 Co.'S Bank SSS sSisa s s.
IN E. I. Tinkham & Co.'s Bank. 5000 60
In American Exchange Ha0kt.......... 1,483 48
Leaving at hat time cash deficit o. 4as3 81 81
There are yet in the hands Of the late Beard or
Ftwe1age Commissioners, forty Sewerage Loan
Bonds. Of 81 600 each, which the said Board have
not yet handed over to the proper officers, al
though they have been required so to do By your
committee.
This ameant. added to the above, leaves total
S. Lud, Treasurer OF the late Board, has this
day paid to the City Treasurer the sum Of $l4.-
3l0.A5, which etl leaves In the hands OF the Iate
Board the cum of $221, ,7G7.46.
Your committee, would recommend that the
amount In the Marine Bank, to Wit: the sum OF
$58,6S264 be received In the shape OF check on
that institution, tnaemuch as the Council have
designated TINT as the place Of deposit for the city
montyg.
There will then remain in the hands Of the late
Sewerage Commissioners the sum Of 81o2 8S4 g.
Your committee would recommend TINT this com
mittee, together with the Mayor and Comptroller
and Board OF Public Works, be authorized and
empowered to adjust and settle the remaining bal
anee OF this account, they shall deem expedlcnt
and for the best interests Of the city; and In cage
they ahall be unable to arrive at an amicable ad-
jnetment and settlement Of the same that they be
empowered and authorized to commence suit at
ley against the members Of the late Board OF Sew
erage Commissioners and their bondsmen, for the
several amounts remaining due and unpaid.
Respectfully submitted,