The Kenosha telegraph. [volume] (Kenosha, Wis.) 1860-1888, 1863-07-23
No I AZ D. IUW SIT Il,
GEO. b. BENIN EFT, ;
HARVEY DURKEE, }
Kenosba April q, 1863.


Aid. Quarles of the Judiciary Committee
| made the following report on the communication
| from the Commissioners appointed under act
| of the Legislature, for compromising the indebt.
edness of the city of Kenosha:
| The judiciary Committee have examined the
report of the Commissioners appointed to conduct
the negotiations for compromise of the old indebtN
| edness, to meet and confer with the creditors Of
| the city, AMI to receive and make propositions,
report in substance that they hav received prop
ositons from several holders of bonds, of the kind
in question, expressing readiness to compromise
them for twenty cents on the dollar and to receive
the security provided for in the law. The Com
missioners say they have no doubt that
| all the Indebtedness may be settled
on the same terms, and recommend that an ordi-
nance for that purpose be submitted to the voters
of the city, and if approved they
| further recommend that nc bonds be issued until
like propositions be received from all the holders
OF the bonds issued for railroad and harbor in
| debtedness.
| The committee are decidedly of the opinion that
| the Commissioners have misconstrued the law.
| Said Commissioners authorized "to re-
cejve and make propositions for the settlement of
said Indebtedness net a part OF it. The act fur
! Their provides, latter the commissioners aps
pointed as aforesaid, shall have reported to the
CITY Council any proposition by them received
for the settlement Of the city Indebtedness which
shall be satisfactory to the city Council &c"
| You will observe that the word proposition is
| in the singular number, showing that the propo-
sition is to emanate from the combined bond holds
ers and not propositions from several bondholders,
also the phrase City indebtedness is used as
an entiretyi The commissioners fOreSaW the diff
Guilty arising from the action of the Council and
| City ON propositions, and recommended that
| no bonds be issued and delivered by the Mayor
and clerk, until like propositions be made by
all of the bOudhoderS, This recommendation is in
direct vic laton of the law; for it declares that "t
majority of the votes cast at such election, shall
| be in favor of such ordinance, then shall the
Mayor and city Clerk issue and deliver the bonds
! aforesaid"
propositions for the settlement of the city ndeht-
edness as the law contemplaes has been reported
| to this Council.
And further, that if the Jaw did authorize the
council and city to act on proposition to CONS
| promise from the holders of three-fourths of tne
city bonds, it woul not be advisable to act un-
der it, as such course would be destructive o.
the object designed to be attained by the law.
j. v QUARLES, for the committee.
| Keno sha Jnly 20, 1868.
! On motion of Aid Quarles the committee on
streets instructed to see if any work is nec>
essary the drains Of the city and report at the
next meeting.
i SI,5Owa as appropriated to the several persons
named as special police. July Alb:
Messrs. OBEien, Nogle, E. L. Smith, Budde,
Borkenhagen AID Barber.
a petition was presented for a sidewalk on Ann
street. from York to Pearl street. and was referred
10 committee on streets.
Bills Reported.
C, F. Bromley Assessor, $3.50 90
Wash bish s. Benedict, Poor acct, zoo
j. K. Daniels, Sidewalk, 3,Sc
A, C.. Hinton ass
NJ Chafee "a
A communication received from D Kear,
nev, in regard to an alley in block 81, was refer
red to the judiciary committee.
The bond of w. w, Baker as constable wa;
approved.
Il. E. Sampson was allowed for work side
walks, 81 So
On motion the council adjourned.
C. b. LEWIS,
City Clerk.
e The weather since the rain of Sunday night