Alexandria gazette. [volume] (Alexandria, D.C.) 1834-1974, 1868-09-12

BRIDGE OVER THE ALEXANDRIA AQUE
DUcT-ACrIoN OF THE GEORGETOWN CoUN-
c1Ls.-Ou Thursday evening, at the request OF
Messrs Quigley and DUNCAN, of the Alexan
dria Canal, Railroad and Bridge Company,
the members of the Georgetown Councils held
an Informal meeting to hear an explanation OF
proposition from their company for obtaining
the cooperation and aid OF the Corporation OF
GEORGETOWN in the form OF loan OF money or
stock, to enable them to erect u travel bridge
over the squeduct. The company PROPOSE
with the assistance OF the Corporation, to com
plete the bridge by the lst OF January, 1869
The sum they desire TO borrow is S25, 0OO
Mr.. Matthews laid before the meeting the
action of the Aqueduct Bridge Company, with
the following resolution:
RESOLVED, That the Secretary is hereby in
structed to notify the Mayor and City Council
of Georgetown that upon their subscription OF
the sum of $25 600 Tor the construction OF
travel bridge upon and over the aqueduct, with
such add! tlOnal sum as may be required from
this com pany, the work Will be com mencgd Il, q
immediately executed, upon terms hereafter TO
be agreed upon. The railroad and bridge com
pany agree. as security for the loan, to make
such lien upon all the tolls OF such bridge to
secure, first, the payment OF interest, and,
secondly, the gradual retirement OF the prlncl
pal, IS will meet the wishes ana best SubserVe
the rubl;c benefit.
Or. Cragiu said he had visited the aqueduc:
structure, and examined the proposed pan Of
the contemplated bridge, and after a thorough
examination, the committee OF the Councils
came to the conclusion that bridge was teas
Bile at that point, and one required tor the IN
terests of Georgetown and the people OF the
District. The interest on S23,OO0 would
amount to about S. per day, and the tolls being
turned over to Georgetown would sufficiently
guarantee the Corporation from any loss what
ever.
Mr.. Chadwick explained the charter granted
BY Congress to the com pany, and, referring to
the tolls, remarked that the charges would be
nominal, but sufficient to pay more than interest
on the money asked to be subscribed by the
Corporation OF Georgetown.
After an interchange Of opinion the meeting
adjourned.
The Georgetown Councils met in extra ses
sion last evening, aud in the Board OF Alder
men an ordinance to aid 10 the construction of
travel bridge over the Alexandria Aqueduct
bridge was received, introduced and passed
The ordinance provides tor loan by the Cor
poraton of $25, 900 to the bridge company tor
ten years, with interest the principal to be sc
cured bv the tolls over the bridge.
The Board OF Common Council met In spccl-
al session, the President, Dr.. q. IL. Cragln IN
the chair.
A communication was received from the
Mayor relating to the call Of the meeting, en-
dorsing the resolution adopted at the meeting
on Thursday evening. held by the Alexandria
Canal Bridge and Railroad Company, IN refer
ence to the travel bridge which they propose to
construct.
MIR. Ramshurg advocated the passage CT the
ordinance, while Messrs. Collins and Peck were
opposed to hasty legislation. The security pre-
posed was not sufficient, ard there were CON
tingencies to be considered. Mr.. Shoemaker
was OF the opinion that the money OF the PEG
pie should not be loaned upon any speclous pro
jecs. The city OF Georgetown was too wise to
purchase an elephant at this season of the year.
There was some discussion upon other ideas
concerning this improvement; when Mr.. Col
Inns moved that the ordinance be referred TO
the Recorder for his opinion on the question of
security.
Mr. Peck moved to so amend that the bridge
company be required to give such security as
may be approved by the two Boards. The
amendment was accepted and adopted, aid the
name of Mr. Peck added TO the committee
The ordinance rs amended, was read third
time and passed.
The Board OF Aldermen concurrcd IN the
amendments, and so reported; aud the Board,
Nat j1}o