The national Republican., 1867-08-06
COUNCIL PROCEEDINGS.
Hoard Of Aldermen.

Hoard OF Aldermen.
On account Of the pressure on our columns
this morning, We are compelled to omit the pro.
ceedings Of the Board Of Aldermen. They win
be Published tomorrow.
Board OF Common Council.
The Board met at the usual hour; all the mem.
bsrs present, except Mr.. Ball and the president,
james O. Dulin.
Mr.. Connolly called the Board to order, and
stated that the president (Mr. Dulln) was neces.
sarily absent, and moved that Mr.. Pau be ap.
pointed temporary chairman which was agreed
to.
Mr.. Pfau took the chair and announced that
tho FIRST business In order was tho election Of q
president pro TEN.
Mr.. Connolly nominated Mr. Pfau.
Mr.. Moore suggested that the nomination bc
made unanimous, but withdrew the suggestion
after hearing that the rules required the election
to be BY ballot.
The chairman appointed as tellers Messrs. 0.
s. Baker and Moore, and the ballots having been
collected and oanvassed, resulted, as follows:
Mr.. J. L. Pau o. no quorum voting.
Several members having entered the chamber
before the vote was announced, the chairman
directed another vote to be taken. Tho same
gentlemen were appointed tellers, and announced
the result, as follows: ]. L. Pau IL. o. s.
Baker 2.
| Mr.. Connolly moved that the rules be sus-
pended for the purpose Of taking up for consid.
GRAFTON the bill imposing taxes for the year 1857.
| Mr.. Connolly stated that the committee now
presented IN amended bill, which was read.
Mr.. Crocker hold that the bill not having been
referred TO the committee, II was not In or
der to proceed to its consideration, and could
only be considered rs q substitute for the bill
| under consideration last Monday evening Tho
committee had no authority to make any report,
the bill having been made special order by the
Board,
Mr.. Connolly stated that II was his under.
standing that the bill was recommitted to the
committee, but by looking at the Journal he
found he was in error.
Tho President pro tempore stated that the
original bill would DO taken up. the pending
question being on the adoption Of the third SEQ.
tion, as follows:
Sec. g. And be it enacted That there be, and
Is hereby, imposed and laid for the year 1867, q
tax at tho rate Of seventy fve cents on every one
hundred dollars Of the assessed amount Of capi-
tai employed In the business Of all private
bankers, brokers, and money Lenders in this city,
| acc ording TO the assessment and return Of the
same by the board Of assessors; the said tax to
DO due and payable, and to bo levied and col
lected as the taxes imposed by the FIRST section
arc due and payable, and levied and collected;
and II any person or persons engaged In the
business or employment Of private banker,
broker, or money lender shall fail or refuse TO
pay the tax which may bo due from him or them
under this section, within thirty days after the
same shall have become due and payable, the
person or persons so failing or refusing shall for
| felt and pay this corporation fne not exceed
/ ing ten dollars for each and eyery day he or they
may so fail or refuse to pay said tax; to be re-
covered and applied as other fines Of this cor.
poration arc recovered and applied.
The secretary proceeded to call the lrol and
Mr.. Arrison responded AYE"
Mr.. y. S. Baker stated that II could not be
found tina. any money had been paid into the
treasury under this section, and that 1t did not
appear on any Of the books Of this Corporation.
II such were the fact, and the 5th section was
| also adopted, brokers and money Lenders would
neither pay tax or license.
Mr.. Pfau remarked that the proper officers
could appeal TO the courts and obtain the
amount Of taxes by taking crowbar and open.
/ ing the vaults.
Mr.. Crocker said that the reason why this
tax was not collected was because the Corpora.
tion officers had not done their duty. This
| same section had been In the tax bill for years.
This property will be liable to assessment, and
the tax should bo collected, and they should
then follow the matter up and sec to the
officers Of the Corporation. The section should
not be stricken out because the officers do not
do their duty.
Mr.. dalton inquired how the gentleman would
make this assessment. This was q peculiar
kind Of property. Real estate could be seen
by everybody, but tho capital stock of these
bankers could not be obtained except from the
bankers themselves.
Mr.. o. S. Baker suggested that II this tax
could rot he collected It would be better to make
these banking firms pay a heavy license.
Mr.. Pau remarked that tho Committee Of
Ways and Means might consider this seotionS and
insert q provision requiring the statements Of
bankers to be made under oath. Tho Mayor had
| nj. tad IN him hat oil ha hapL hal Al .L.t-
taxes except the Bank Of Washington.
Mr.. Connolly said that the committee believed
| that obstacles were In the way Of the collection
of these taxes but they desired the corporation
to assert its power and order tho assessment
Mr.. Crocker suggested that tho bill had been
under consideration for some time, and great
deal Of time had been lost. II was the duty OF
the Council to pass the bill at once, and II an
amendatory or explanatory act wero necessary 1t
could be easily passed.
Mr.. Nalley said that as much had been said
about the difficulty Of ascertaining tho amount
Of capital Of these banks, he believed that the
information could be obtained at the Internal
Revenue Bureau.
Mr.. L. D. S. Miller thought there was no use
Of discussing this question, as n made no differ.
ence whether the section was stricken out or not.
Mr.. Dalton moved that the section bo recon.
mitted to tho Committee on Ways and Means.
Not agreed to-yeas 4, nays IA.
| Inc question then recurred on the adoption Of
third section, and 1t was agreed to-yeas l2,
nays 8.
The fourth section was adopted.
Mr.. L, D. S, Miller moved to strike out tho
fifth section as follows:
Sec. s. And be it enacted, That the tax
imposed by the third section Of this act on
the assessed amount Of capital In the business Of
oil private bankers, brokers, and money Lenders
is hereby declared to be in lieu Of any license or
other tax upon the business Of such bankers,
brokers or mOney.lenders as may pay the said
tax.
The motion to strike out was agreed to
yeas H. nays s.
The sixth section was next considered, as fol.
lows:
Sec. 0. And be IL enacted, That no part Of this
act shall be so construed as to impose tax on
the stock issued by this Corporation.
Mr.. Connolly moved to amend the section by
adding ''or upon tho bonds Of the United States; %
which was agreed to-yeas IA, nays
The sixth section, as amended, was adopted
yeas l6, nays2.
The seventh section was next considered as
follows:
Sec 7. And be ii enacted, That In addi.
| tion to the taxes imposed and levied under the