Memphis daily appeal. [volume] (Memphis, Tenn.) 1847-1886, 1869-06-29
CITY COUNCIL.
Meeting of the Board of
Aldermen.
The Chronic Complaint Little Rock
Bonds Again---AnOther Fiasco.

The Board of Aldermen were again On
vened yesterday afternoon at five O'Clock
in special session. The call having been
made ut an early hour in the day, and be-
ing pretty generally known around town,
caused no little speculation as to its mean
ing, and, in view of the reports made in
the APPEAL, created quite a sensation
everybody expecting something rich, rare
and racy. The consequence was the at
tendance of a full Board and numerous
spectators, among whom we noticed sew
eral financiers and monied men, the cause
of whose appearance was apparent when
it leaked out that the sale of the Little
Rock stock was again to be the subject for
the consideration of the conclave's wise
decorum.'
After calling the roll, the Secretary an
nounced a quorum, and reported that
there were communications on his table.
The chair stated that he was not ap-
prised of the cause of the assemblage,
and called on His Honor to explain the
objects of the meeting.
His Honor stated that he had called the
meeting at the reqest of the Chairman OF
the Finance Committee, who had just re-
turned from abroad. During his absence
he had become impressed with the neces-
sitY of paying the July interest. He
thought ifthe individual members of the
DOdAu NOAAAO 80 III lhlLlH IN AIt III
light as he, they would agree on selling
the railroads stocks.
The Mayor then alluded to the manner
in which the Board had treated his last
communication, and said ifthey had done
as he suggested and considered it cody,
~candidly and deliberately the result
would have been different. He had how
ever, not expected any other treatment
and merely wrote it TO put himself ON re-
acr1 ON flta sFnhiaat Ha rr-ag of tha prAininD
that any discussion at the present time
would benefit the matter. He had frankly
and persistently urged his course-a little
too persistently perhaps, and since the
reading of the engineers and contractors
his convictions had been strengthened,
He had, however, nothing more to say in
the matter.
Alderman Durff moved that Mr.. VOL,
colt address the Board.
Alderman WolcOtt said that he could
not add anything to what the Mayor had
said. The meeting had been called at his
entreaty. He believed that it was the
duty of the Board to provide for the in.
tereSt, and for this reason he had called
the meeting. The rumOr had got around
the street that the Board was to be called
together for the purpose of devising ways
and means for paying the July interest
at an early hour in the morning, and he
had made il his business to Will
citizens upon the subject. Had he haU,
had the dla lights before him on Saturday.
he UouId not hare called the meeting. He
did not know until this evening that the
Little Rock stock, if sold, would not go
into the hands of Mr.. Greenlaw, or some
one with the interest of Memphis equally
at heart. This discovery had changed his
mind. He wished he had not called the
meeting, etc, etc.
Some one finally suggested hat if such
was the case, and there was nothing be-
fore the Board, he had better nov TO adj
iourn, which he did, End the Board adj
jourHed until next called meeting.