The Wheeling daily intelligencer. [volume] (Wheeling, W. Va.) 1865-1903, 1868-08-20

Receipts and Disbursements OF Conn
mfHsionexs from 1859 10 1858.
The following is the report of the FL
nance Committee referred to IN the re-
port OF Council proceedings yesterday.
The statement taken from the report
made to Council April II, 1858, We are
informed, shows the bonded indebted
ness of the city on that day. The
financial statements, as will be seem
are made up to January l, 1868.
To Me Honorable Mayor and Council of
the City Of Wheeling:
The undersigned, members of the Fl.
nance Committee. beg leave 10 make
the following report 10 the Council, not
In consequence of any formal order OF
your honorable body, but from de-
sire to comply with toe expressed
wishes of many of your individual
members.
We therefore respectfully present for
your consideration, the accompanying
statements, conn piled with the assist
ance of Mr.. n. Wilkinson, showing the
receipts and expenditures of the Sink
ing Fund, Coupon and other financial
accounts, relating to the bonded in
debtedness of the city from January
lst, 1859, to January LIST, 1865. We have
thoroughly examined these statements,
counting the bonds and coupons to
which they refer, and found the whole
to be correct and 10 our entire satisfac-
tinn.
We would recommend that the &C.
counts herewith presented be received
and filed, and that such entries thereof
be made on the books of accounts of the
city as may be necessary.
And we would further suggest that a
committee be appointed from your
honorable body, to receive from Messrs.
Brady and Wilkinson, trustees, the
bonds and coupons redeemed and paid
by them and effectually destroy the
same, by burning or otherwise, and to
render certificate thereof to the Coun-
Gil. We would therefore recommend
the adoption of the following resolu-
lions:
LIST. RESOLVED, That the accounts of re-
ceipts and disbursements OF Messrs.
Brady and Wilkinson, trustees and
commissioners, herewith presented, be
received and filed, and such entries be
made on the account books of the city
as may be necessary to make them con-
/ form thereto.
committee appointed to receive from
Messrs. Brady and Wilkinson. trustees,
&c the bonds and coupons of this city
retired by them, and eHeectually de-
stroy the same by burning or other
wise, and to render certificate thereof
to the Council D. n. EoFF,
a. G. QUARRIEB,
! a. J. PANNELL.
Wheeling, July II, 1868.
Att meeting of Council held in the
city of Wheeling. July 14th, 1858, Mr..
| Eoff, from the Committee on Finance,
| submitted a report and statements OF
tho FpPninfa and .nXnnn1ifnFp9 of the
sinking fund account, guaranteed Cou-
pom account, finance account and COM
promise coupon trustee account. of the
city of Wheeling, from January 1st,
1859, to January LIST, 1858.
Whereupon, 1t was. on motion OF Mr..
Hughes, Ordered,-That the Commit
tee on Finance have one hundred copies
of said report and statements printed
In pamphlet form, for use of the Coun-
Gil; and that the report be made the
special order of the next meeting of the
u Council. II. f. FEESY, Clerk.
E:rtractJro"e the minutes.
AN EXTRACT FROM THE REPORT OF THE
FINANCE COMMITTEE. MADE To THE
COUNCIL APRIL IA, 1868.
To the Honorable Mayor and Council Of
the City Of Wheeting:
On the 11th day of February, 1865. the
following resolution was adopted by
the Council:
|, "RcsolUed, That the Committee on
Finance be instructed to report at
the regular meeting of the Council in
March, such an aggregate or detailed
statement of the general indebtedness
of the city, and an estimate of the an
nual expenses and resources Tor the
crrent year, aud such other and fur
Their information us the interests of the
city and this Council require"
In obedience 10 the foregoing resolu-
ton, the Committee on Finance beg
leave 10 make the following report.
We find that on the LIST day of Jnly,
1859, the Indebtedness of the city OF
Wheeling was 81, 427, Cos II, and thus
composed:
Bonds 10 Baltimore q Ohio Rail-
Bonus 10 cieveiand & PTiS6Gign "
railroad 81 900 90
Bonds to Hem field RRiIToAd COM
Bonds 10 MaIisIa 4 CincinnstI ~
RAIlroad Company ..........-........... 10000 90
Bonds on wharf and market house 1900 W
Bonds for city per cent loan 25G 100 u
i eTtlhcaIeS of loan lone debIl.--. ll36I3 a
DIafts in ransitu, LOHders on Treas
utel SjS92 a
sl.as7 ,0o5 Il
LIST, 1853, this Indebtedness mas
been decreahed OF prime pal......... 5e5 JOS So
Leaving the present Indebtedness or
the city for The old debt. s62 47S So
OF this debt. sl42 OoO is now repre-
sented by bonds, ttrredeemabie in
factl and bearing per cent inter-
est Ter onnum, making IurIher
virtual reduction Of.....-......--.... Il 600 %
Making debt, bearing per cent
The pr sent debt Of The CITY is as i iooSs 8;
Outstanding bonds issued TO Balti-
more & OHIO railroad Com eany. $500 600 90
Outstanding bonds Issued to Cleke-
land q Pittsburgh Railroad Co.., 1900 90
neiI kaiIfoad ompany -. 1900 90
etIs 4 GIasinnati kailFoad CO.. 1900 90
/ Outstanding ponds Issued IOr wharf
and market house ....-...........-.... $500 90
Outstanding bonds Issued IOr city
per cent loan ......, lS4 GOO 90
Outstanding compromise bonds
bearing per cent interest............ 142 coo co
Outstanding compromise BONDS
bearing per cent Interest........... 5000 70
| Bonds issued 10 redeem certificates
Of loan and interest theTeon......., 92 900 90
Certificates of'loan psst due .......... 223l3 OF
| Drafts in Iransitu, lIr1ers on Treas
urer II 663 81
Ss82, AS 50
on bonds healing per cent inter-
est, Sl42HOO OO Al, 600 90
Leaves the debt bearing per cent
1Sl, 4I6 50
The annual Interest for whIcG me
city was liable on It's debt ms