Memphis daily appeal. [volume] (Memphis, Tenn.) 1847-1886, 1868-10-20
CITY COUNUIL.
Called Meeting Of the board of
Mayor and Aldermen.
The Memphis and Selma Rail-
Road,
The Appropriation OF 100000
Voted.

The Appropriation Of 100000
Voted.
Alta called meeting of the City COun-
oil yesterday evening, q quorum being
present, Judge Swsyne in The chair, the
following business was transacted.
The Secretary read the following mes
sage from the acting Mayor, Alderman
Johnson:
MAYoR's OFFICE, CITY HALL,
MEMPHIS. TEEH-, October L, IS5S.
To the Honorable Board CT Aldermen:
You have convened to receive and scs upon,
the report OF ths committed, consisting OF one
membe from each ward, 70 whom was re-
ferre5 Jne ordinance, which passed the Board
a lts nrst reading a. your last meeting, con-
bonds OF the city therefor, TO the amount or
$4,000, in the contemplated Rsiiroad from
the COMMITTEES have given the subject
their careful considersu-n, In is Vari-
Gus bearings and rIatlons OF the fu-
turs effect which this road will have upon
the growth and prosperity OF our SHY Psne-
trsting. as II will, more than $50 miles, through
q section OF country whose SOL Is UNSURPASSED
in richness and ferndiy, Tor The production OF
cotton and cereals, It must be apparent 10 every
rejecting mind that II VIII De one OF Lle test
paying roads having q termiE US in this cisy.
Should the report OF the Committee, and your
actin on the same, be favorable, and you pass
the ordinance upon its hnsl reading. it Will, Is
YOU are aware, De imperative ana void until
II shall have been sanctioned by a majority Of
the qualified voters OF the city, az an election
to be held for that purpose, a1er an advertise
ment or ten Gays notice, which IL Will be nee
essary fOE the Board 10 authOrza 70 be pub
lishsd. II the have not made sn
amendment 10 the ordinance reqairiDs thas
me bonds be issued for the purchase OF hon, 70
be uSsd on that portion OF the road connecting
Win Memphis, q Elu be Important 10 do so, Tor
the protection OF ths iESsiess q tnS cltTL N
me proper appropriation q he Bonds, II
Respectfully submitted.
q. u. JOHNSON, Mayor pro tenn.
The following is the ordinance that
was recommended by the committee 70
whom the matter WAS referred, and
which was passed on its first readlug.
WHEREAS, In the opinion Of the Board Of
Mayor aud Aldermen OF the city OF Memphis
! ne CONSTRUCTION of a railroad from this city 70
selma, in the State Of Aiab ma, will, very
greatly, contribute 10 the material wealth OF
Re d ordafaed, &c That the sum Of three
hundred thousand dollars, in stock, be sub
SERTED IN behalf OF the city OF Memphis, Ia
the Memphis, Holly Springs, 0kolOza and
{ selma Railroad Company, and tnat for the
I purpose OF paying sad suosc lpJion tee said
! Mayor and Aldermen may issue the bonds OF
Ratl city, beartE interest," a. the fete o. SIX Per
{ csntum per snnum, and having not more Dian
thirty years TO run, payable N the ciy OF New
Z YORK., sEu the interest on when bonds shall be
3 payable ssmtsnnualy in said city; ana that
J tns Mayor OF Msmphis shall execute this ordi-
3 nance by subscribing Tor sad STOCK provided 7
I that this ordinance shall not bei IN force until the (
same shall be submitted TO tbs qualified voters I
/ OF said city for their approval, 70 be taken ct
I an election TO be held Tor that purpCss, after
leo Gays notice by proclamation OF The Mayor,
published in all me daily newspapers OF the
Z city. and snail be approved by a majority OF
I those VINO may yoLe at said eleoJiOu and the
manner OF holding sai1 election shaI &c IS
{ follows: TECzs Young sgsloss TIE subscription
shall write upon tAear li5Sets a." No sIOscup-
ton" and those voting Tor Il shal write upon
their tlczets, " subscription"
Referred to q special COMMITTEES Of Al
nHn----n NT-s-Ls HEa0.-saN ]
Psssmore, Renner, Ru1ln, Brown, Black,
johnson ana CLANCY.
The committee TO whom It was re-
ferred reported strongly recommending
its adoption.
Alderman Rufin desired to offer as an
amendment, that the bonds of the city
are not to be tssned until the directors of
ssid road shall have exhibited to the
Mayor Of the city q iona Ede and sol
vent subscription Of stock from other
sources sufficient to grade and bridge
fifty miles OF the road from this city.
Mr.. Rufin's amendment was lose, and \
Mr.. O'Donnen moved u suspension OF
the rules and that the report pass upon
ia second and final reading.
Mr.. PassmOre offered as an amend
ment, "Thst the bonds to be Issued by
the city Of Memphis to help build said
road, be appropriated TO purchase iron
rails for the road, and the style and title
~ The railroad bonds be known Is the
aHolly Springs, 0kolons and Selma
Railroad Subscription Bonds" The
amendment was lost, and Major Sykes,
by unanimous consent, wa called upon
to address the board.
Msjor Sykes said
That under the circumstances, he disliked to
make any Iemarks, bus Is Jaere seemed 10 be
1 some diueIencs OF opinion among the members
/ OF tbs Board as 70 The method Of tie CITY . sub
] ecriUtiCa 70 This road, he would explain his
yisSs In o few words. He had taken Is much
Interest in this read as any one could possibly
I 40. and he kne = tue psople along The route Ia
( tinlately. Upon the action Of this city. alone.
depends the sue sssz or failure Of TINS roao, /
me peopie believe IL to be a Memphis project, +!
AND believing this, Memphis must take I'M
/. m, date and ardent action ia the enterpsize.
On a recent trip from here to Holly Springs,
he did NOT see & singie pound Of meat OT sack
OF dour thai had ben purchased II Memphis.
Railroads running TO otheT cites are ranning
through the country, and 10 other points the
DsopIe sand 70 purchase their supplies, II We
construct This railroad to pass through their
country, they WI come here 10 purchase andn
we Quibble, or oder any opPosltloD, whatever,
the project viii sslost, beyond redemption the
peog lie will continue 70 trade at other ponts,
and oar city VIII lose AZ tnat may De gained
by Us successful co DpletioHs
we viii grade the road for thirty miles, We
eau Afterwards easily sell The lands; and By
ihis meas continue the work and purchase
I the irsn- 1--we VII grade the road 10 the state
line. the State viii also give assistance, and the
VII Eive Twelve thousand dollars per mile.
Jnisss we the work, twill never be
Derfosmsa, and II you pass any such an oTdl-
nance as ether Of those just presented your
project Is dead
control the road, elect the direCtOrS, and thus
easily prot ct her interest IN the scneIns, which
seems 70 pc Al th%s there Is any 9ncertalnIy
about, AZ this time. In addition 70 this 10 pro-
teet her Interests, khe can hereafter pass an Or
diBance that The 6onds shall not be nego.ased
al les than q htipulaJsd sum The city OF sci
ma objects 20 taking q dollars stock IN tie
road, believing II 1t is Guht nearly all Of tse
Cotton that IL now sent there VIII come 10
H. mphig. II this should be SO, and We should
~ ans hundred thousand bales from that di-
nnestion No c0u;d well afford 70 lose our entire
N IA not Irobabis that We viii lose our sub.
scrption however. u can Oe projected, and II
Ee 40 the grading we can EASILY iron the road.
n YOU put these restrictions upon Ihs passage
of tho ordnance, you had better nos Passlt
VIII not be built. The little town Of Okolopa,
without a dissenting voice. subscribed MY
thousand dollars 70 the enterprise, and this is
nne-nfh Of her entire taxsDleP property II We
should DO as well We would give SIX millions.
lie hoped the board would pass the ordinance
The question was Tier called, and
illsOn q second and final reading the re-
port was adopted.
Mr., O'DoDneli here rose to 8 personal
exclamation and said at has been
yTbiapered around among my friends
thai I hsve taken a bride from the
Nicholson pavement contractors, and
that s. / have nothing 20 fortify myself
with but an honest conscience, I de-
nounce the originator and pFomGlgator
as q Hi1lul and malicious liar. l assert
bsre before you all that l have never,
directly or indirectly, received, or agreed
To receive, one dollar or o cent for any
action or vote OF mine Ia this Board of
Aldermen. l demand an Investigation
Of these charges against me.D
No action va taken on Alderman
QD0nnelps action.
Mr.. PAsspoEe said = committee would