The Wheeling daily register. [volume] (Wheeling, W. Va.) 1864-1878, 1871-01-19
CITY COUNCIL PROCEEDINGS.
SECOND BRANCH.

Connolly, Hook, Hammer, Laughlin,
Maxwell, McAdams, Pollock, Salisbury,
Porter Smith, J. G. Smith, Sheppard,
Sweeney, Scott, Tingle, Tollivar and
Weitzell.
The President being absent, Mr.. Tin
gle was elected President pro tenn.
The minutes Of the previous meeting
were read, approved and signed. 49,.
The report Of the special committee
appointed to select the names Of persons
to be inserted in the gas ordinance
as commissioners, naming Michael
Reilly, A. J. Sweeney and w. B. Simp,
son as such commissioners, was received
from the First Branch and concurred
in.
The ordinance to negotiate loan for
the benefit of the city of Wheeling, and
to create sinking fund for the redemp'
ton thereof, better known as the "Gas
Ordinance" was received from the First
Branch. We present the following alb
stract Of its provisions:
The ordinance provides, in It's first
section, for the appointment of Com
missioners to sell the bonds Of the city
to an amount sufficient to purchase the
property of the Wheeling Gas Com
pany.
The second section authorizes the
Mayor and Clerk to issue the bonds Of
the city, payable at ten, fifteen and
twenty years, with interest at eight per
cent. per annum.
The third section secures the pay
ment of the bonds by deed of trust on
the property purchased.
The fourth section provides for a col
lector Of gas rents, who shall collect
and pay over the moneys charged fol
gas from month to month.
The fifth section provides for invest
ment Of the surplus funds by the Com
missioners as the Council may from
time to time direct
} The sixth section provides that the
I surplus revenue accruing from the gas
works shall be applied to the redemp
ton Of the bonds.
The seventh and eighth sections pro-
, vide for the keeping Of true account
of the disbursements, and that the pro
ceeds of the sale of the city bonds shall
be applied to no other purpose than the
purchase OF The gas works.
The tenth section eXempts the bond:
from municipal taxation, and the
eleventh for the removal Of the Com
missioners.
The thirteenth section provides fol
the advertising for subscriptions to the
loan, and for allowing no person or firm
to subscribe a greater sum than 5000
until ten days after the opening OF TIT
books.
The fourteenth section provides tina
t the compensation OF the Commissioner
shall be fixed by Council annually, bu
no compensation shall be allowed sale
Commissioners for the sale of sale
bonds.
Section II. That the compensation o
: said commissioners shall be liked annu
, ally by the City Council.
The following resolution was adopted
RESOLVED, That the committee or
Finance be directed to make immediate
provision for the payment OF $1,000, TIT
amount now due Messrs. Donel d Gray
on their contract for the erection Of TIT
engine house for the Atlantic.
The following communication wa'
received from c. Leonhart Stree
: Commissioner;
l respectfully ask your honorable
body to make immediate provision TO
the payment Of the sum Of 1866. 81
the amount due the men employed by m
on streets and alleys for the month o
December, 1870, as passed by Council
at the regular meeting in January
1871, as the men are needy and de
pendent upon their wages for the sup
port of their families. / have been try
+ ing to get the order on the treasure
cashed, but have utterly failed, ant
,, therefore ask that some provision b
made to raise the money.
: On motion of Mr.. Boring, the Fl
nance committee was instructed to rails
the money to pay the above bill forth
with.
The ordinance was then adopted,
s Mr.. J. G. Smith moved to take from
the table resolution in relation to pay
ing John Hamilton cash or its equiva
lieut." on his contract. The resolution
was adopted-yeas ii, nays 6; Mr.
/, Sweeney being excused from voting.
The following communication wa
read:
OFFICE WHEELING GAS COMPANY.
January 18th, 1871. J
To the Mayor and Council Of the City Q
Wheeling:
GENTLEMEN We beg leave to in
form you that we have appointed al
arbitrator and are ready and willing L
meet your arbitrator and commence ar
bitrating the value OF the Gas Works
&c, at any time and place YOU may Sc
, lect.
By order Of the Board.
JACOB HoRNBRooK, President.
,, GEO. T. Jingle, Secretary.
Mr.. Sweeney moved that COMMITTEE
Of three members of the Second Brancl
and two from the First Branch be ap
pointed to nominate persons from
: among whom to select an arbitrator t
act on the part of the city in arbitra
ting the value Of the property of tn
gas works, and report forthwith Il
Council.
Messrs. Sweeney, Pollock and Nc
r Adams were appointed as said commit
tee on the part Of the Second Branch