Public ledger. [volume] (Memphis, Tenn.) 1865-1893, 1872-08-13

impose upon the Railroad Company the obi
CATION to lay, or nay tho cost Of, new pave
ment on the streets, or any part Of them; nc
is anything in this contract TO have the efiet
of oxempting or excusing the Memphis Cit
Railroad Company from any obligation. or tn
performance of any duty imposed upon y b
its charter; and the Railroad Company shal
repair all injury or damage 1t may at any tim
do or cause the streets, and shall save the cit
harmless from any damages or losses that
may suffer by reason of such injuries or dam
ages.
Sixth. The Memphis City Railroad Compan
and XIV n t7so5 dollars. being the sum due unde
this contract, for the ears run by it in the cit
up to the 10Th day of May. 1873, and the Rail
road Company has also delivered to the city II
obligation, with F.S. Davis as security, that |
will. within ninety days from this date, pay I,
the city the sum of FIVE thousand 5000 dollars
or, in lieu thereof, will deliver up to the cit,
| five thousand dollars in any of its past du'
indebtedness TO be cancelled.
In consideration of the sum so paid, ant
| upon the payment of the said sum so to b,
| paid, the city of Memphis hereby releases anC
discharges the Memphis City, Railroad Com,
pany from all sums due it under the. contract
running its cars within the city. and also from
all sums due it for privilege taxes upon cars
and from all taxes ON its property. which &C,
crued prior to the year 1872, 1t being agreed
I tnAt the hallFOhu OOUphny 10 10 pay GtAce VI
| its property ad valorem for the year 1877
And the city of Memphis also hereby re-
leases and discharges the Memphis City Rail
road Company from any and all claims for the
cost of the Nieelson pavement which has here,
! tofore been laid down between its tracks and
| for two feet on each side. on the streets which
have heretofore been paved with the Nicolson
pavement.
In testimony whereof the Mayor Of the city
of Memphis has hereto signed his name,
and caused the seal Of the city to be affixed,
and the President of the Memphis City
Railroad Company has signed his name
and caused the seal of the Company to be
affixed this the l2th d bST # Sq Py:s iS
Referred by Board of Aldermen e their
special committee, Aldermen Burke, Mallon,
and Malatesta, August 8, 1872.
REPORTS OF STANDING COMMITTEES.
Upon the petition Of Rev, Chas T Collins,
Jacob Thompson, 4 w Smith and M VOL
colt. trustees OF the Episcopal Protestant
Church. stating that this church is the right
full owner of a house and lot on the north side
of Poplar street. Immediately west of st.
Mary's Church, held and to be used exclusively
as parsonage house; that said property has
been taxed by the city, contrary 70 common
usage; therefore, petitioners pray for relief
say for the remission Of said city tax assessed
on said property.
Referred BY Board of Aldermen and Coun;
eli to their respective Fina Isee and ways and
"
Your joint Board of Aldermen snd Council
Finance and Ways and Means Committee re-
port in favor of granting petition, and that
the City Tax Collector be instructed to that
effect by the General Council.
B. 4. WHITE, JR.,
Chairman Board of Aldermen Committee.
j. HALSTEAD,
Chairman Common Council Committee.
Adopted by Board Aldermen August 3, 1872.
Concurred in by Council August 9, 1872.
Upon the petition Of Mary A., William and
II Marsh and NJ Pointer, stating that they
are the rightfui owners Of lots Nos; l., z, and
4 in Cannovan's subdivision, on the Herman
do plank road. just beyond where South street
leaves said road, alleging that the city asses
ment for city tax for 1877 on said property is
largely in excess of its real value at $500,
when in reality the said lots are not worth ex-
ceeding $500 each, the rate fixed upon them by
the State and county;. therefore petitioners
pray for a just and rightful reduction on the
part of the city.
Referred BY Board of Aldermen and Coun-
ell to their respective Finance and Ways and
Means Committee July 3, 1877.
Yeur Joint Board of Aldermen and Council
Finance and Ways and Means Committee re-
port adversely.
Chairman Board of Aldermen.
j. HALSTEAD,
Chairman Common Council Committee.
Adopted by Board Of Aldermen August s,
Concurred in by Council August 9. 1872.
Upon the petition of Thomas II. Allen, Pres
ident, and other representatives Of the Life In
suranee Company Of America; ii. 4. Tomlin-
SON agent Of the Queens InsuranceCOmpany of
Liverpool and London; T. G. Caskin, fiscal
agent of the Mound City Life Insurance Com
pany Of st. Louis; A. W. Stephensops> agent
Of the Universal Life Insurance Company of
New York; 4. G. Worch, agent of the German
I g.. T. If nd
Adolph Loeb, agent Of the. American Central
Company ofSt Louis, alleging that |
they respectively regard the recently assessed
rity tax, say by the corporate authorities Of
the city of Memphis on foreign insurance COM |
panies and their agencies taking risks and
business generally in ther legiti- |
mate line at the city Of Memphis, as onerous
and peculiarly oppressive. approzimating pro- |
Dropriate and liberal relief. such as they re- |
,pectiyely regard themselves in strict justice |
entitled to at the hands of the city government.
Referred FIRST "a. the Ordinance Committee, |
afterwards reconsidered and referred by Coun- |
Ill and Board Of Aldermen 10 their respective |
Finance and Ways and Means Committees, |
July 3, 1S52
Your joint Council and Board of Aldermen
Finance and Ways and Means Committees re- |
port by resolution herewith aPpended.
Chairman Board of Aldermen Committee.
Resolved by the General Council Of the City |
IF Memphis, That 10 equaliEe taxation in view
4 the fact that over one-halfof those liable TO
he advance sum chargeable to each insurance
company, as provided in an ordinance APP
proved June Z, 1872, ameRdatory of paragraph |
3 Of section q of an ordinance regulating tax
ltion, had previous to such amendment paid
tut $50 as provided in the original ordinance,
instead of $500. as per the amendatory ordi-
rance, the City Tax Collector is hereby autho-
lied 10 receive from those liable to such tax
Icing business in the city Of Memphis at the
passage Of said ordinance, $50 for each com
ANY, instead Of $500. as conditioned in said
ordinance, the license 10 be dated
IS other like licenses.
Adopted by Board of Aldermen. August
Concurred in by Council. August 9. 1872.
MEMPHIs. July Il. 1872.
Vim. NJ. Randolph. Esq:
DEAR SIR-In the investigation Of the -yari-
JUS issues Of bonds made By the city Of Mem
his, questions arose which could not be de-
ded By the Committee. and were. therefore,
eferred to you as the legal adviser Of the City |
,ouncil, and your written opinion asked for,
o be submitted at the next regular meeting Of
he Board, or as soon after as practicable. II
'ou have not already prepared an opinion upon /
be legal questions thus referred 70 you, please
10 50, if convenient. before the August meet
ng and oblige.
b. y. WHITE, JR.,
Chairman Finance Committee.
Adopted By Board ofAldermen, Aug. 8, 1872. |
Adopted by Council, August 3, 1872.
}. r. White, Chairman Finance Committee
Board Of Aldermen:
In reply 70 your note. which IL appended. / |
would say that there Is 4 suit now pending in /
he Second Chancery Court In favor Of the
,ity vs.. Jos. A. Mabry and others. which in
eceived the bonds Of the city 10 place Of scrip |
urrendered. at discount. are liable 10 the
ity for q return Of the bonds or for the diff /
erenee between the face Of the bonds and the
greed price. While the suit Is pending and
am prosecuting II for the city. Il seems 70 me l
ought not TO give an official opinion upon the
question. But will have hearing Of the ease