The daily dispatch. [volume] (Richmond [Va.]) 1850-1884, 1868-04-17
PErERsBuRe, April Is, 1868.

PETERSBURG, April l6, 1906.
The military appointments of Common
Councilmen to take the places OF tne
venerable City Fathers have not excited
much comment, as the names have Deen
known to the public for the last ten Gays.
With the exception Of six or eight OF the
appointees, they are strangers-tnat Is W
saw. : newcomers, doubtless very wen
known to the Radicals, but unknown 10 inc
citizens generally. Among the exceptions,
! beu leave 10 mention the names OF BAKER
Raine. +. ". jackson, j. Nd. Donnan,
Charles Brown, Warren Russell, ana
Ceoroa Schenck. Postmaster Greene IS
Courteous gentleman and good 'ofhcer,
ond 'a,touether as unexceptionable as the
ahova-named. It is not known yet when
thav are to take their seats, but most pro-
bably OF the regular monthly meeting on
the list of May.
There was an adjourned meeting of the
Council this afternoon, to consider mat
ter of vital Importance to the Southside
railroad. President Malone brought this
subject before the Council year ago, but
the proposition he made was rejected by
an overwhelming vote, NOT more than two
or three members voting in its favor. To-
day the same proposition was adopted
unanimously. As I understand the mat
ter, it is briefly as follows: The State had
lien on the road, taking precedence of all
other claims, of 100000. The last Legis-
Legislature, in, 1866, for the purpose of
helping the company to restore the
road, authorized them to issue bonds
to the above amount. The corporation of
Petersburg at the same time held claims
against the road to the amount of $500, coo,
with interest for several years, for which
there was also a lien, but second to that of
the State. 1t had also q claim for the
City Point road sold to the Southside COM
pany, amounting, all told, to $685., 900.
Now, President Mahone's proposal was that
; the Council should yield priority to the
bonds authorized to be issued in 1866 by
the Legislature but the Council desming
tha1 the State debt stood first, would not
consent that another sum of equal amount
should be interposed between that and
the claim of the city. So the scheme
was then defeated. The opinion of
eminent counsel, however, having since
neen obtained, it seems that the object of
she Legislature in authorizing the issue of
oonds intended to put those bonds In
piace OF her own claims, and thus to place
herself behind the city. With this under
sM ~ .s The Council to-day readily agreed
~ Inc soiiowlng arrangement: To classify
the claims, placing the new issna t,r,s thSS
CITY second the State third, and ID ins sI ,de
IN . fourth class the bonds ha,a nv hSiu ~,
yase stockholders, funding the whole: T III
VIII enable tho company to borrow the sn ~,
OF 870s,ooe without difficulty; and the
President engages to pay the interest semi.
annually on the whole Indebtedness, com
menciDg issof January, 1859. Including
the bonds proposed to be issued, the total
debt Of the company Is about 81, 500, 900.
During q sharp thunder storm which
occurrsd to-day, q. widow lady, Mrs.
Blanks. living afew miles from the city,
was struck by lightning and imrnedi lately
killed. Such casualty thus early ia the
season Is almost without q Rayallel. s.