Daily Davenport Democrat. [volume] (Davenport, Iowa) 1864-1874, 1864-06-16

Council to order
Aldermen present: Andersen, Claussen
Coultfart. Davenport, Hornby. Jones. Noe,
Parks, Runge.
Minutes Of last meeting were read and
approved.
At the request Of His Honor the Mayor
the CITY Attorney made the following report
in relation to the stock in the NJ. & NJ. rail
road belonging to the city, which was re
ceivcd AMI ordered published with the pro-
ceedings
| DAVENPORT Jnnc 16, 1864.
lion. Robert Lowry, 4Aoyor 81 the CRY q
| Utrtnpors..
| a:-In compliance with your request
| for a written statement Of the facts in rela-
ton to the stock in the NJ Il NJ Railroad
Company belonging 70 the city. chccrfuly
| give YOU all the information that can OBJ
tain on that subject.
In July. 1853, the City Council ordered
| the issue o. S75,ooO Of city bonds. for the
purpose of subscribing stock TO that amount
| in the NJ. d NJ Railroad Company. Before
| the issue of these bonds, i was enacted BY
| the CITY Council. that the city shall pro
! vide for the payment Of the principal by the
transfer Of SAID stock TO the holder Of the
| bonds, or 10 some person OF persons, or in
such other way and manner as may be
| necessary 10 meet the payment of SAID prin-
cipal,' ,se.
Under this authority, c. T. NJ Davis.
ESQ, Treasurer Of the NJ & VI. Railroad
Company, now holds said stock in trust
lie will doubtless execute his trust as he
Shall be directed by thc City of Davenport
- II
In the summer of 1863, he was author
lied hv the City Council to exchange this
stock TOR the bonds and coupons outstana
ing, giving to each holder of the bonds
stock Of All amount corresponding to the
amount q bonds held The bond holders
have not set avail"d themselves Of this
privilege, though the attention Of many Of
Them has been directed thereto
D. l.. SnoREy, City Attorney
AID eunge presented the petition Of !.
Grcvsmuhl and others. in regard to alley in
Block s. which on motion was referred 80
the Street eo,nmttec and Street Cn,ulnis-
sioner. with power to act
AID Ciai,sen presented the petition Of
Ge"rce L. Baker in regard ia rock taken
from Sixth and E-rlain streets, which was
laid On the table until the committee on
grades ha, reported On The same matter.
Petition of Mr. Bradshaw and others, IN
regard to Slaughter houses and soap factor
les, was referred to the Mayor. Citv .ittol-
ney and City Marshal
The City Attorney offered the following
report, winch, on motion Of AID Andersen,
was received and ordered published with
the proceedings:
II Me Nta NoparV # tie city ef Datea-
poyf, IN louacI issemWed:
At your last meeting. you instructed INC
to report to YOU what measures were i,eces-
sary TO be taken to preserve the right, Of
the city III relation to the taxation of railroad
property until the determination Of the suit
now pending in relation to that matter
Lave a note from the Cicrl, Of the Su- +!
prem Court this morning. stating that the |
ud-ment Of the District Court in that case
lia> been affirmed.
The effect of this decision is to place un-
der city taxation all the railroad property
within the city limits. cXccp the rolling !
-tock Of the road. 1t subjects to taxation !
.or $50, think. >ilo0Vn, and for the fol- |
towing years. Sl25. geo.
Ibis was an anlicablc suit. The attorneys |
vi the railroad company have given the $
,'liaiee al they would abide hy the deci- |
son Of the supreme Court, and would pay |
al their taxes in accordance with that d,ci- |
Ion. If they do not 40 %. their property. |
both real and personal, may he sold hv the |
Marshal, IN the same way that The property !
# private persons is sold for taxes and |
heir property may be sold for the taxes of
the pas years as well rs for that of the t
the taxes are paid.
ID. l.. s'noAEY.
June 10. 1854. City Attorney.
Aid. kuagc, Chairman of Committee on
Ere and Water, reported on petition of J
roidncr, foreman, and offered tie following
Il solution:
IL M H.a .Etper qr2 -dll.raea 81 n.
THy Of Uarnpon
Your committee. to whom was referred thu.
petition Of Jacob Goldncr. asking to have a
small door made for their Engine House. al
90 box for washing hose, respectfully re
port that the door BE- ordered made. We
.hcrc fore offer the following resolution
Hesotesd, That the ommit.eo on Fire and
" alter be authorized TO have a new door
,nl .c for the lower Engine House.
il. \. RrS"E, J Com. on
". &. JoNbs, Fire and |
NJ. NOE, Water.
Adopted.
The following bills were ordered paid:
) ho>s, street wcrk k..................$i $iu 90
democrat a'id News, printing ..... 73 90
heut~chmann. table le. so
lrede and others moving safe to City
- > oi,t.. ..-.-..--..-... , |" I
) i Lindsey, key for Engineers oiii.e ~
Bill of 3. 3. Woodward. insurance on city |
warehouse, was referred to the Finance Com |
inttee with power to act
AID Matthcs and IIirschl took their seats
The Committee on Gas reported the lamps
to be lighted and moved that the city pay