, 1862-08-26
MEETING OF THE COMMON COUNCIL
The Municipal Claim Against the
Marine Bank,

The Common Council met last evening, In !
regular session, Mayor Sherman in the chair.
Present-A1dermen Botsford, Edwards, Hogt,
shimp, Hahn, Baragwannth, Scha!l, Holden,
Brown, White, Woodman, and Sheridan.
The minutes Of the last meeting were read
and approved.
a petition from j. H. Bodger, for liquor
license, was read, and referred to the Commit
tee on Licenses.
a bill from ". Kimba11, WAS referred to the
Finance Committee.
OFFICIAL BOND.
An official bond from Francis n. Bartlett,
clerk in the comptzoler's office, for s., 900, was
approved.
WANT MORE SALARY,
A petition from the Bridewen keepers, ask
ing for an increase of pay for their services,
was read and referred to the Finance Commit
tee.
4 request from !. II. springley, asking that
portion Of his tax assessed this year, amount
ing to $3.50, be a1ated, was received aud re-
| fefred to the Finance Com mmittee.
PETITIONS FOR IMPROVEMENT.
a petition Was received, setting forth the
! bad condition Of South Water street, and ask
ing for repairs, aud was referred to the Com
| mittce on the Board OF Public Works.
Another petition, representing The low
| grade ard bad condition Of North Water
! Street, between Wells and Clark streets, aud
asliug that it might be raised to q proper
grade, was received and referred to the Com
mittee On Public Works, with instructions to
| report plan for the work, with the cost Of
the same.
CITY FINANCES.
!
Hays, City Comptroller, referring to the in-
yestment Of the sinking fund, and the dis
posal Of the city bonds. His communication
Eets forth that to meet certain certificates Of
the city, which will be due in 4>ew York,
Sept. 18th, 1852, amounting to 1901 81,
he has sold city seven per cent. bonds, issued
under section 65 Of the act Of 1851, as fol-
lows:
In New York at par and interest. $31 40 nO
In New York at 10 per cent .......... 100000
Premium and interest in Chicago, at e
| per cs Mt. premium. interest IN New -
York, w1tEont commission 100 o01 90
Total -......,--.......-.~--..-.. 900 oe
This report was laid over and ordered to
be published. The Comptroller being pres
cnt, at the request of the Council, explained
more fully the various features Of the con.
tract.
IMPROVEMENTS PROPOSED.
The Board of Public Works recommended
| an improvement Of Rue St. Honcre Referred
to Committee on Streets and Alleys.
The same Board also recommended the I'M
mediate construction Of = bridge across Chi
cago River, at the foot of State street, he
= tered to Committee on Harbors and Bridges
|. GAS.
communication was received from th
+ PEOPLES Gas Light and Coke Company, re1s
o ting TO accounts for gas supplied to the city
3 Referred II the Committee on Gas.
= TREAsuRER's BOND.
4 The Committee on Finances reported d
official bond for the City Treasurer, in th
II penal sum Of S4O0, 600, which bond Was ap
8 proved.
o PAVING DEARBORN STREET.
o The Committee On Streets and Alleys II
h commended that Dearborn street, in the Sout
= yided with the Nicholson pavement. Cor
~ cured in and referred blck, with instruction
ID to amend by specifications.
4 petition was also presented recommend
ing the repairing Of Kinzie street, In the Mort
tY Division, and was concurTed in
IN CHICAGO rs. MARINE BAsK.
g. The following communication was receive
i. from Comptroller Hays, read, and ordered t
~ be published:
~ CoxPTRoLLER's OFGIcE,
ul CHICAGO, August IS, 1852. (
~ Chicago ana ]. T. Scammon, that said seammt
OF shall snd viii pay to the eaad city $56,3s7.s
Its snail payments Of $5,u0 each Except the last
- which will be $6SS9 "a, unless hereafter otherwl
~ agreed, commencing September LIST, 1861 aud "a
Is, }ayments when fuly made, az Aforesaid, time b.
H., 1nE q he aossnoe Of ,his contract shall be In
demands Of the eaid city 81 chicago, upon t!
Marine Bank Of Chicago, and the Chicago Marfl
ain sud Fire Insurance company in account OF dspo
-" it's By said city OF any OF its officers or the Is
lily Beard Of Sewerage Commmisaioners With s.!
rhe Beard, to the credit Of The exesage fund
la1. to t5s,Ss2H, and also On account Of deposits
sra the credit OF the echoo1 tax fund Of said city
~ balance Of ssid stn1med being .$3,srs6s Of t
o. eurng herein provided to be paid ga g94 66 Is
the be In settlement Of the account said ee#era
49, fund depoete, and $A89a 6 In settlement OF t
for account for saia fchool tax fund deposits.
, tn This settlement, when CONF summtted bythe o.
nent Of said s1me aforesaid, will .he q tee
dual discharge bY eatd bank and insurance ca