Daily State sentinel. [volume] (Indianapolis, Ind.) 1861-1865, 1865-02-23


Council met PreseD, the mayor and Messrs
Allen. Boar. Bro~n. Coburn. Cook. Douglas
Emerson.u GIazier. Jamisou. Lefever, McNabb
Sedensticker Stsnb and Thompson
Mr. Boaz presented an ordinance 70 pave the
est side OF irginia avenue, between Washing
ton and MARYLAND streets Read twice and re
ferred
Mr. Leiever presented an ordinance to paw.
aud curb TIE sidewalk on Kentucky avenue. east
side, between " sshingiOn and Maryland streets
Read twice
The following resolution wss presented ~
Mayor Caven;
whereas. More than three fourths OF the resi-
dent tax PAYERS Of the city of indianapolis have
petitioued this council to contract a loan for q
sufficient amount of money 10 be appropriated
90 The payment OF the entire indebtedness OF the
city, and including all appropriations heretofore
made, aud all warrants that may vet by issued
to procure funds to pay bounties TO procure yol
unteers to eli the quota Of the city under the call
of the president OF December 10. 1864.
Therefore be il resolved. That the Council
borrow sum Of money sufficient for the pur
poses mentioned in said petition. and that inter
esi bearing coupon bonds be issned in accordance
With section So OF the charter for the amount
necessary, not exceeding $3.50 900. said bonds to
be signed By the MAYOR aud countersigned by
the CLERK IN sums OF 50, 100, 500 and / 900 dol
lars. such portion Of each as NAV be determined
upon by a special committee. 70 be appointed by
the Council. Of which the mayor and treasurer
shalt be az oficiO members, said bonds TO be paid
within twenty years, and bearing such rate of in
terest may be lawful in the state where nego
tated or made payable. said interest TO be pay
able sem-annually. and the principal and inter
est of such bonds shall be payable a. such place
az said pecia. committee is author
lied to dispose of the same az such
rate OF discount as may, in their discretion.
be deemed advisable. The city clerk isrequred
to number and register each of such bonds, de
seribipg on such register the same by number
aud amount. and naming the person or persons
to whom issued. and the place where made pay
able.
Resolved further. that the council
pledge its faith to add to the duplicate Of
each year successfully a levy sufficient for the
purposes required in sec. 50 of the charter TO pay
the annual interest on such debt or loan with the
addition OF not less than cents on the 500. to
create sinking fund for the liquidation of the
principal thereof; and TO require that said tax
shall be paid either in cash or coupon to such
bonds which may have become due
The resolution was adopted by the following
vote Ayes-Messrs Allen. Boaz, Brown. Co
burn. Cook. Douglas. Emerson. Glszer, J2mi
son, Lefeyer. Men abb, Seidenstieker, Staub and
Thompson-l4.
Noes none.
After The resolution was adopted vote was
taken to reconsider the vote. which was adopt
ed.
motion was then made to increase the
amount to 100000, which was adopted by the
following vote
Ayes, Messrs Allen, Boaz Coourn. Cook
Douglas. Emmerson, Glazier, Lefever and
Staub-9
Noes, Messrs Brown, Jamison, McNabb,
Leidensticker, and Thompson-5.
The original resolution was then adopted IN
animously, and Messrs. Jamison. Brown, Co
burn. the mayor and treasurer were appointed
the committee to carry out the resolution
On motion the council adjourned