The Evansville daily journal. [volume] (Evansville, Ia. [i.e. Ind.]) 1848-1862, 1862-04-02
Mayors Once, March % 1862

|
u From reports previously made to the
Council, it appears that the condition of the
above fund at the several times below sta.
ted, was as follows, viz = e '~-
Due TO said fund from the city, une Ist
1889, Sc, 4o2 80. 44l.t-.s ~
j Due to said fund from the city, May lst,
1860, $l0,60o 26.sla.. b tslla. ) I-is,s a..
! Due to said fund from the city, May lst,
| 1861, So, 500 AZ.
Due to said fund from the CITY. March
22d, 1862, $4,000 30. ae
The fund, instead of being loaned ont
has been paid into the Treasury. and uzed
| as other city funds in the general tiisburse-
ments of the city, and the present value, or
balance OF the fund is therefore now dne to
the special purpose for which il W az intend
cd. from the corporation at large. This
poiicy was commenced in 1857, and upon
examination OF the books and records of the
city, Il appears that up to April LIST, 1859,
1ners was no account on record kept of the
receipts and Disbursements made on account
of the fund.
No change was made with reference 70
the fund during the last three years. .except
that, in May, 1859, the present Mayor insti-
tuted search among the duplicates and
other books ct the city, to ascertain what
amount had be- paid in on account of said
fund, and also what amount had been paid
out. isa,a 49, -
From this examination it appeared that
on the let day of June, 1889, the CITY owed
to said fund the, sum Of six thousand fonr
hundred and ninety-two dollars and eighty
cents ($6, 492 80 1907, as above stated. A
report OF the same was then, and many
since, annually pabiished, showing the con-
dition of the fund from time to time. Prior
to the LIST Gay of April, 1859, 10 statement
was ever published, nor did any enc know
the condition OF the fund until the sxRr,i- |
made.
The amount now due to said fund nnss
be raised from the levy of 1852 and applied I
to the payment Of the bonds due. This
should have been done last year. but in con-,l
sequence of the war, and the consequent de-
preston of business it was determined nv
the Council TO levy an unusually small
amount OF tax, believing that in the condi-
lion OF affairs then existing il would be I'm
possible for the people to pay the amount
usually levied. This was done by the
Coancll With the full knowledge, freely. ex-
pressed, that the amount aEsessed' would
not pay all the current demands uDoUT the.
Treasury, but that q portion wonld neees-
sarilY remain unpaid, to be provided for bv
the levy of 1862. So much for the ifirs,
eharge, and 80 far from being a reproachI
70 Mr.. Baker the facts demonstrats his in
1ustry, his care for the interests of the eitv
md his enlightened appreciation Of the. ne
'essities Of the times. &C.,. = 7el.gf Tx
y NOW, few words as to the other
:haTge. ...e-.~
7 A. meeting of the Conncil, held June
81 1851, a report, having some relation to 4
ne matter ABOVE mentioned, was presented,
..-s A-4s ID sa% rsala40W o. ssass.t asa
. the Common Council Of The c5t,y of Eoous.
= = On. the 25th day. of April last (lseD. Il
sum of money was RENTED bv The cifvf
treasurer to the Phenix Bank, New YORK Q
0 pay the coupons due May isr. 1851 on
ixty-sevep bonds Of 81, 600 each of the i
ity, issued 70 the Evansville and Illinois :
abroad company; AID previous to the nav
lent of said coupons by said bank, s. T. b
mith, the holder Of bond No. 8, being Ala lie,
bond of the city, issued to said railroad lsL'
ompany for $1,000, and due November lst.
$50, commenced suit in the SuDrema h
curt of New York, and attached said funds -