The Portland daily press., 1872-02-06


ing Defence-tender of 500 in full payment
Judgment for plaintiff for $3.50.
Motley. Frank.
Patrick Garighty ct vs. Thomas Donnelly. As
sumpsit for washing and board. Amount claimed
$50. Defence, account In set-off $685.. judgment
for plaintiff for amount claimed.
Neal g. Son. Howard & Cleaves.
New entries, 5; defaults, 8; continuonces, 4.
City Affairs.
The regular meeting of the Board of Mayor
and Aldermen, and a special meeting of the
lower branch was held last evening.
IN BOARD OF MAYOR AND ALDERMEN.
A petition of T. G. Hersey Treasurer and
Manager of the Forest City Sugar Refinery for
an extension of the time of exemption from
taxation for five years longer was presented.
Alderman Senter offered an order granting
the prayer of the petitioners. After debate the
whole matter was referred to the Committee on
Judicial Proceedings.
The communication of Donnell s. Emery in
relation to the rent of the wood lot ON Federal
street, was referred to the Committee ON Claims.
James ii. Thayer was appointed a policeman
without pay, to be stationed at Portland Bridge.
The usual notice was ordered on the petition
of Norris, Hull 4 Co., for permission to erect a
stationary steam engine at No. As Union street.
A communication was received from the City
Auditor, announcing that the appropriation for
tne SltN bullulnK IL oNeruraWn ana there are
bills still due; also that the Police Contingent
Fund is exhausted; and an order was passed
authorizing the City Treasurer to hire $500 for
one year, 10 be added to the appropriation for
City Building
The petition Of Thomas Fisher for permits
sion TO erect shop ut the corner of Bracket
and Summer streets, was referred to the Com
mittee ON New Buildings, with power.
The petition Of Albert H. Colcord, assistant
engineer of the city building, that his salary
ha s,,or S.l t,g
to the Committee ON Salaries.
The order in relation TO the erection of new
school house, which was referred by this Board
to the Committees ON Public Buildings and
Public Instruction, came up from the Council
indefinitely postponed. The Aldermen reoeded
and oonourred.
Alderman Corey offered an order providing
fora special committee. TO revise the ward lines,
requiring them TO follow so far as practicable
the lines of streets running across the city and
dividing the population as near equal as pos
sible.
Alderman Mccarthy moved its reference to
the next City Council He said the office of
the Street Commissioner had been removed to
the room occupied by the Chief Engineer of
the Fire Department., aud the former apart
ment had been occupied nightly by politicians
gerrymandering the wards TWAS not fair to
attempt to force the matter through on so short
notice. The subject ought to have been intro
duced earlier, to allow fairer action.
Alderman Corey denied that there had been
any gerrymandering. The city charter provid-
ed the time for the revision of the ward lines
which was ten years from March, 1862 The
order was laid on the table.
Orders passed: -Paying Mary p. SWEET $500
for compensation for damages TO property from
defective sewer in Green street; paying Samuel
Rounds & Son $3.50 for injury to a horse by
defective man-hole, corner Congress and Frank
lin streets; paying John Burns $75 for damage
to property on Maple street by reason of de-
fectiye drain paying DIR. S. p. Getchell, City
Physician, $40 for vaccinating the children of
the public schools
Both Boards then went into joint convention
to listen to the statements of the directors of
the Portland and Rochester railroad in favor of
a bill authorizing the city of Portland to loan
its aid to that road to the amount of $450,000.
l- IN CONVENTION.
Henry p. Deane, Esq, one of the Directors
of the Portland and Rochester road, said he
had been requested to make known to the City
Council the wants of the road and would do so
briefly. They had presented an act to the Leg
islature to authorize the city to loan its credit
to equip the road and extend its western con-
nections. The loan bill was based substantial
ly on the Atlantic and st. Lawrence bill; but
differed from it in some particulars. The Sec
tions establishing sinking fund provide that
one per cent. of the bonds delivered shall be
placed in the sinking fund, and one per cent.
deposited annually for five years; after that one
and half per cent. annually of the remainder,
so that when the bonds mature the sinking fund
viii be sufficient to take them up. Now the
question is, can the city, holding mortgage of
the entire road, afford to allow us these bonds In
exchange for second mortgage bonds When
you loaned us $4,000 the road was completed
only to Saco River. Since that time it has been
opened to Rochester, one of its objective points.
The town of WATERFORD has taken $4,000 in
stock, or three per cent. of its valuation which
is better than Portland has done. Alfred has
taken 10000 in stock, or two and q half per
cent, Springvale $11 900, and Rochester S40,-
600; making $69, 600 that has gone to strengthen
rebuilt the road to Saco River, laid 5000 tons of
new iron, added 100000 to the rolling stock
and have $4,000 in the sinking fund.- Our
earnings the past six months are double those
increase in like ratio it will amount to $3.50, 900.
The road was built chiefly with view to west
ern connections We desire to assist in the
construction of these You are building mar
ginal way, and we need money to lay the track
over it, and to purchase land between our
present location and the new street for a way.
All this will come under your mortgage.
With the aid we ask from the city we believe
we can make connection with Nashua and
Worcester and Concord and Rutland. For the
Nashua and Rochester road Nashua has raised
$500. 900 on condition that million Of dollars
be obtained before the rad was begun; $500, 900
of this sum was raised, and our stockholders,
after full understanding of the matter, voted
to take 100000 in stock. With the aid of the
city we can secure the road. BY this route we
connects at Groton Junction with the road through
Hoosac Tunnel and Albany. Massachusetts
appropriated $5,000,000 to drill through the
Hoosac Mountain to get the trade of the West;
and when that road is completed Albany will
be SO miles nearer Portland than Boston, The
principal part of the business of the Worcester
and Nashua road is toSbring Western produce
to Western Massachusetts and New Hamp-
shire. Another connection is to Concord, 81
\.
Claremont In June, leaving gap of only II
miles to be built to make a close connection
with Rutland and the New York Central. The
citizens of Concord have subscribed $500, 600 to
this road; all the towns along the route have
contributed, and with the help of the city We
can have this connection Also IL goes through
the best country of central New Hampshire.
In reply TO q question by Mr. Mccarthy, Mr..
Deane denied that the p. & r. Corporation had
asked for charter from Danville TO Gorham.
They had applied for charter to Bath, in the
hope that when the Western connections were
accomplished they would be strong enough to
Join with the Knox & Lincoln and the Shore
Line road to Eastern Maine and give trunk
line direct to New York. He denied that, with
the exception of Col. Robe, the corporators
named in this bill were stockholders in the
Portland g. Rochester. And Col. Robe, as
Representative from Gorham, favored the en-
terprise in obedience to the wishes of 200 petit
TONERS from his town.
Mr. George w. Woodman spoke of the value
Of the p. & r. road to the dry goods trade.
Thomas b. Reed, esq.,, said he had been EN-
ployed by a number of Taxpayers to protest
against the scheme. He asked the Treasurer if
the sinking fund was composed of the earnings
or the capital of the road.
Mr.. Deane replied that when the scrip was
issued one per cent went into the sinking fund
the balance went for the working of the road,
same as everything else.
Mr.. Reed-The case then stands thus: The P.
g. r. road applied to the city for loan of $780,
OOO This was regarded as sufficient to carry
them to the great West, including Dacotah A
short time after they wanted the privilege of
raising $3.50, 900 alongside the city bonds, and
asked the city to put this with its 500, OOO
claim into one mortgage, and it was granted.
Then they wanted the Marginal Way, and now
thew ask for something to lay the track across
itgwith. Now in the wreck of matter don't
know why these people should not pick up
some of the pieces. Now it seems as if the
city, which was incorporated to look after the
people, had become a moneyed corporation
They ask for the cty's money; it is nobody
money Yes, it is your money and my money
If 10 per cent is added to the taxes it takes II
per cent. from the value of your property. Why
don't they go to work the old-fashioned way
go to men who have money to sell and buy it
But railroads have officers and salarled men
and there are various organizations by which
they can obtain two-thrds in a popular vot'
and what can the one-third do to prevent tn
forced investment of their money in what the!
don't want Ought we to go on thus and in
crease the city debt?
Mr.. Reed then proceeded to state the fnan
cial condition of the city; referred to the vas
amount of money spent in rebuilding at wal
prices, and we are now suffering from shrink
age of values, We are asked to nut out Ou]