The Evansville journal. [volume] (Evansville, Ind.) 1866-1870, 1869-04-03
Report of the Investigating
committee!
FinaI summing Up!
Tax-Payers Examine the Figures
FOURTH DAY.


tn me Repts6iiea7a Ereeutive Committee:
The amount of f. & G. Railroad
bonds outstanding, according TO
Mayor Walkers report, IS S33 QUO.
which bear interest at the rate OF
Z per cent. per annum, which is equal
ID 81 3l0-which interest had been
paid up TO November l, 1867, and all
the interest which has fallen due dur
ing Mayor Walkers term IS the SAID
sum of S2,310. To pay this interest,
Casno part of said principal, S33 200,
would fall due until two years there
afterO the Common Council OF the
city. upon the written communication
of Mayor Walker, made a levy for
f,repfv cents on the hundred dollars,
on all real and personal property
within the limits Of the CITY OF Evans
vile. before the annexation OF La
masco. which levy amounted to over
S26. 600, upon which $25 900 was col
| Iected an amount near $23 UOO-Or
ten times more than was necessary TO
nav the interest for the purpose it was
/ levied. which has been spent by the
! CITY. and the city now is indebted to
4 that fnna FIR every cent collected BY
that lew over and above the amount
Of $3.50 1900
debt against the city of Evansville as
any debt she owes. This is money
collected from = part of the corpora
tion (old Evansville and its enlarge
mel,tl to ray debt contracted pre-
vions TO the annexation of Lamasco
and the res sult is that the residents ant
DTonertv holders of old Evansville
werr compelled Ia 1868 to pay int
the CITY Treasury about $23 OUO-tw'
wears before it was needed, aud th'
excess, instead of being invested a.
REQUIRED by law, was used for the pur
noses of the corporation at large.
Qn the 1st Of November. 1870, tn
nriuciDal of this debt OF $33 600 vii
be due. About $4,000 of this sur
has already been drawn from tn
nockets Of the people, and spent, 5
nat onlv about $4,000 more can b
levied on old Evansville for that pun
, nose. leaving abont $23. 900 to be pre-
v!ded for that purpose out OF the ger
cral tax. -
In relation to the debt which May
E or Walker alleges was due April /,
E 1863. to the teachers in the publ
schools. we examined the books
he Superintendent, and find, whe
:, Mayor Walkers term CONNIE nee
q the teachers had been paid In full I
to the 1st Of March, 1865, and tn
\ there is no foundation for the chars
} that the sum OF s., loo was due to Il
/. teachers.
l. The committee having called ups
Mr.. Wm. Heilman, propounded &
following questions to hIm:
.c o. Did you, at any time during t.
n year 1868, sell hose to the city!
.e 8. 3 At 1 s'1 what date did yO,- deliv
- SAID hose?
le A. On or about the 1st of Nj
n 1868.
a. Q. When were you paid for So
of hose, and what was the amount?
= a. Al the time of delivery, by
- cash order, for which | received
ay check from Mayor Walker, on t
en- Merchants National Bank,
rs 81 ,3O1 40
- o. Did the city, on the thirteenth q
- of April, 1868, owe you for hC
le which were then or previously del
up cred?
&c A. No.
!. O Had you, on or before the I'll
Gs u, teenth of April, 1868, advan.
RS money for the city or the Fire
partment, for hose2
A. | had not.
la Mayor Walkers report, un
he the head OF Disbursements, he allie
Ill that the following debt was. left
the outgoing Council, and paid to
present Council viz
IA I'd, Fourth Street, Lamasco, from l.
fIll Street to Fulton Avenue (belng C
for tIaet made in 1867 by the old CouI
% and flushed before April l. 1868,
paid by the present CounciD incl
AeS ing the per cent. allowed for C
ra- payments of obligations given for
,an work, So, ,381 63.
no Upon examing the books Of the {
- we find that the entire contract D
Oe- of the work on Fourth Street. H
on Leet Street to Fulton Avenue,
me Sc, ,165 %, on which the sum of 3