The New York herald. [volume] (New York [N.Y.]) 1840-1920, 1866-02-16
BOARD OF couNc1MEN.

bUAHU UF CUUNClL@EN.
~>.,,-~,~~--.,,~~,~,-~~
narrowing OF snow from Railroad Tracks
ina compelling oars % CARRY Lights
The Eighth Avenue Railrond Comuanv
Unaosuea rrcv. Cn.-~s-~ 49,. Tn
"se
five Genus Faro, CO., Gee f.f a
The Board met YESTERDAY afternoon and IN tho abssnoe
~ pra.,dcrt crs.n -, ,x..ch rr..,a.a 49, ~.
minutes Of the previous meeting road approved
number OF uuimportant resolutious wero presentsd
An ordinance was presented making II unlawful for
CITY railroad companies to throw snow from thelr tracks,
thus ostrucnr tho publio atreoa and presobine ane
:, 80 h..a..S "a A., ao,... -. go ,.,..,.. !,
'"o nunofoo anu my oo'a's luz e'0'y V'o''s'on u
There WINS also an ordinance proposed that in vev Of
a.. n,rh.~ =, .c.,d,,.. noh h.v. haar "a -,
~. .,, =. o.x ~ 800. :. .or.n.,.s :.
carry lights on their cars after dark and imposings
similar penalty for It's violations These ordinances were
EIGHTH AVENUE RAILROAD ooMrANv.
Il viii be rememberod that resolution was adopted
In this Board some few weeks sncs asking the opinion
Of the Corporation Counsel upon The legality Of the
I've cents for each PASSENGER for tho whole length Of
their route. Mr. OGorman, in compliance with tho
resolution, submitted his opinion TO the board in which
he slated that the charter granted TO the Eighth Avenue
Railroad Company by the corporation Of this city pre-
vented them from charging moro than five cents for
each passenger The communication referred TO the
Committee Railroads. and yesterday the cha OF
that committee returned the opinion or the Corporation
Counsel to the Board ard asked 70 be discharged from
tho further consideration Of the matter and in connec
ton with tho srbiecl ,
Councilman HErrRfcK presented tho following resolu-
Resolved That the Common Council. In view Of the
above opinion Of the Counsel to tho Corporation deem
that charge or greater sum than I'VE cents faro Tor
iength IL m nnauthorzed ssrmpton OF power on the
part Of said railroad company as well as prem dtatod
fraud uron the public We hereby recommend 70 all
% S . r d srsho sSst sh C way
sci 10 tho Corporation be and he Is hereby authorized
and dec ed TO cnon the said railroad company, on be-
s suD r ora s s IL TIN chari"rs a.
grant from the said corporation Of this city
Mr.. srAcox moved that the resolution DO laid over
o hat nas o ha I nos rorart Socnm ,n thai
had ever boen presented 70 the Board since no was
member OF t. Tho Eighth Avenue railroad Company
wcro now carg ng eleven oens fare whom tho Corpora
to csp more than i've cents This his was important to
tho working man. and they desired logisaie for the
without SGsS ut hs o1'n' the resolution should %
Mr. PuL- MAN also advocated the passage of tho rcson.
5 a. s S rse
number OF sewing girls and boys who got only four
Ave d.,lars per week M
no 10 favor Of defeating H. for tho
contrary he would It; but no desired that iimo
potlon Counsel would be su ia ned BY tho loyal trbu
nails in prosecuting tho railroad company.
Company psrnisson 70 charge soven cents fare
Msyor wss p o.nc. 10 the widening Of
Ann street was road and referred " the Committee on
S''s'''
Important to Loan and Trust Companies.
UNITED pa states ,s.s O,s sS'"a.a 000Ar'
~. r.,., !. ~. ,...r., 49, 49,, 49,. H.
pazyThis case was very fully and ably argued before
,ha ov.. anna fc pnonas am an thu mart Of thu roy
ernmsu. BY Mr. crimson, United s,os Dlssrcs Aisor
ney. TIE Gaze was brought up 70 decide the important
question to tho governments in the way Of revenue,
whether loan ana Fns' companies wees suuSsos 70 'ne
tax IMPOSED by the act Of Congress Of June. 1894 and
asamended by the 'uossaaens act OF March, 1865 which
provides ,h'' bank" shall pay iioons' &c thai every
nsr bank having place 81 business wherc credits ara
op ned by tho deposit OF collection Of money or cur-
r. 20 DO Or o. OK
stocks bon,Is hui,cu bills of exchange promssory
Upon the p''n; spsR, ss usS'sD Dacssr
the 81 the State s Of Ns~ YORK. and saSs
m ocr or p!ac OF business in this city Csain ques-
az sna pay monthly tax on ssep
poss and capital agreed statement Of facts has been
san,s in dispute The charter o; tho company is made
part If Tho arccd statement This charter grant cd
In pepctntv. and created the corporation originally
Lean Company" with tho lower to loan MONEY and In.
pr perry, we'll as FOR some other purpose set
asd amended oy tho Icsislaiurs II is not deemed
a. lsa rc Of x. - ss 81 c
and Tho manner il which It Is transacted, must de-.
,cm' Inferno, anS sssus law Tho srrc'd sssns
OF facts sofIcIonily sc1s forth, in forms both the
diccs ana ITO ao OF Congress hns prcscrb s tn, rule
by which tic Court must determine tho extent 70 which
The s aSsi on 70 DO sCtcd i whether or not tho de-
ndanls arc bankcm within tho meaning OF tho Internal
n,v s nue a r., M, IN hsxr ~ shs screrai non,.,