Sunbury American. [volume] (Sunbury, Pa.) 1848-1879, 1873-05-24

| 1873. - council convened at O'CLOCK, Chlef
Burgess Malick in tho Chair. Prcsont--Messrs.
J. Cadwalader, Miller, Irwin, G. Cadwallader,
Cake, Dewart, Rohrbach, Dietz and Clark. Alb
sent-Messrs. Dissinger, Smith, Sensenbach and
Grcenough.
Minutes OF Hast meeting read and approved.
| On motion, Resolved, That the resolutions In
reference to bonds be read and adopted u sections
Resolved, That In order 70 fund the debts of
the borough of sunbury, which were outstanding
on the 3ist day of January, A. d. 1873, a sufi-
! cient amodnt of money be borrowed and that
| the bonds of the borough, which were lately pre-
pared by direction of the council under the pro-
| visions of the Act of Assembly approved the S1st
of January, 1878, at par are therefore adopted.
| Resolved, That the Chief Burgess be and is
hereby authorized TO execute and deliver to any
person or persons irolding claims against the oo-
rough by bonds cr orders, dated on or before the
31st of January, 1878, the said new bonds at par
to the full amount of the principal and interest
of such claims and that for all other debts out
! standing as aforesaid, the said new bonds may
la like manner be executed, and delivered when
the amount of such Indebtedness shall have been
first ascertained aud settled by the borough coun-
Gil, Irocidcd, however, that the council reserves
the right to order the payments in money of all
shch Indebtedness OF the borough after tho expi-
ration of two weeks from this date. Adopted.
! Resolved, That after tho expiration Of two
weeks from this date, the Chief Burgess be and
is hereby authorized to execute and deliver the
said new bonds at par to anS person aforesaid
lending money to the borough, for such amounts
ae the borough council may from time TO time
order to be borrowed for the purpose OF paying
in money any of tie said indebted of the bo-
rough. Adopted.
| Resolved, That all the said outstanding bo-
rough bonds, borough Orders, and the evidences
of accounts for which the said new bonds shall
be issued as herein before proylded, shall iinme-
diatcly upon tue execution of said bond, be delit
cred to the borough Treasnror, clearly and plain.
| y marked upon the face thereof with the words, +,
''Bonds executed for this" and the Treasurer
shall thereupon sign the certificate on the back
of each bond then issued that the whole amount
of it has been paid into the treasury, and shall
charge himself with said amounts, and shall bi
entitled to take credit for the full amount of all
such bonds, orders, and other evidences of debts
delivered to him, as hereinbeforo provided
! Adopted.
Resolved, That all sums of money loaned to
| the borough on any Of the said new bonds, STALL
! be paid to the borough Treasurer, who shall
therefore sign the certificate on the back Of sald
bonds, that the amount thereof has been paid
| into the Treasury, and charge himself Herewith,
and shall be entitled to credit for all borough
ders paid By him whieh sknll be issued by or,er
of the council for debts outstanding on the 3lst
of January, 1873, and which contain Oh the face
of them the statement that such order or onicrs
were granted for such outstanding debts. Adopt
! cd.
| Resolved, That the Treasurer shall keepa sep
aratc account respecting the said new bonds,
wherein ho shall be charged with tle fall amount
of all the bonds issued qs hereinbeforc provided,
and shall be entitled to the credit hcreinbefore
mentioned, and shall not take or he entitled to
credit therein for any payments, Disbursements,
or credits whatever, except such as are herein
before specified. Adopted.
Resolved, That the Cblet Burgess shall pro.
cure for the borough council well bound blank
book, containing at least one leaf for each one OF
the said bonds TO be issued as aforesaidS and one
of said leaves consecutivcly according to their
numbers, and at the time Of the execution and
delivery ms hcreinbcfore provided, of any of the
said new bouds, the said Chief Burgess shalt en-
ter, or cause to be entered upon the leaf as ap-
propiiatcd TO such bond, the number thereof the
name Of the person to whom, issued, the date OF
the delivery, and whether Issued for eash loaned
or in exchange for any of said outstanding Dor
ough debts. Adopted
! Resolved, That hereafter, from year to year,
| Il shall be tie duty of the Auditors who settle
and adjust the accounts OF the respective Trcasu-
n "a
for Interest on said bonds, paid by and credited
to the said Treasurer In said accounts, and there
upon to securely attach with rnvilage OF other
paste, consecutively, all such coupons TO the leaf
in said book appropriated TO the bond or bonds
| from which the said coupons were taken and
upon the payment Of the prinsiPal upon any of
said bonds, to cancel cifectunlly the same, and 20
enter upon the leaf in said book appropriated to
| such bond, tie time and manner of the payment
! thereof, the name Of the person to whom paid,
and the time and manner Of the cancellation OF
such bond, and the said book shall be at all
times open TO the inspSction. and control of the
borough council. Adopted. =:
On motion OF w. l,. Dewart, Resolved, That
the borough council, IN regular meeting assem-
blcd pledge the public faith, eredI. and honor of
the borough of suufury, to the payment Of the
bonds now ordered to be issued for the liquida-
tion of the borough debts. Adopted.
On motion of J. A. Cake, Whereas the Penn
| sylyania Canal Company, by raising the west
side of the Shamokin dam at this place has caus-
| CO the current of the pyer to flow stronger on
this side, and In consequences of said raising and
current of the river the bank has been greatly
damaged this spLng to such an EXTENT that is has
now become absolutely necessary for the same to
be riprapped, or slope-walcd, Would respectful
ly offer the following
Resolved, That the Chief Burgess dproht Il
committee Of Ave to write to the President Of the
Pennsylvania Canal Company, requesting them
to slope-wall the river bank the entire length Of
the borough LIMITS along the river, and report
the answer to the same at the next meeting Of
council, and that the Chief Burgess be chairman
| of said committee. Adopted.