The New York herald., 1874-07-08
SINKING FUND COMMISSIONERS.
Stand Against Further Issue oa
Bonds-Rtnx Legacies.

Stand Against Further Issue oa
Bonds-Rfng Legacies.
ghe Commissioners Of the Sinking Fund met yes
terday afternoon at the Comptroller's ONCE, Mayos
Havemeyer presiding Present-Recorder Hack.
EFT, the Comptroller, Chamberlain Lane and Alder.
man Van SchaIck, Chairman Of the Finance Com,
mittee.
resolution was adopted appointing the OiJ
Chamberlain to examine the securities held by the
Commissioners Of the Sinking Fund. Also thae
the appraiser designated on behalf Of the city Of
New York to fix tue value of the building upon
premises No. 70 Elm street, leased to Clarence q.
Mitchell, by indenture dated May /, 1859. be au'
thorized TO agree with the appraiser appointed by
said Clarence G. Mitchell upon an umpire to deter
mine the value of said building.
The Mayor read communication from the Sew.
enth regiment, requesting TO have the plot Of
ground known as Hamilton Park, assigned to
them in pursuance of chapter 234 Laws of 1874 for
a period Of nnety-nine years, on payment OF Sl0o.
to erect an armory thereon
The Mayor. wnne reading, REMARKED "Ina's
fraud, too"
missioners obey the act OF the Legislature, and
grant to this regiment whatever the Legislature
has allowed them.
The communication was laid over.
At ths point ex-Recorder James NJ smith ana
ex-Corporation Counsel John z. Deviin @ made their
appearance, ana were received with cordial well
come by the Mayor ana members ol tue SINKING
Fund Commission, and invited TO occupy seat at
Wy The % following preamble and resolutions were
offered by the Comptroller, which, after elictlng
considerable debate, were adopted
Whereas the Department of Docks has requested the
OF the snSicg Y Fund ND to S cause 70 DC issued
aSns shs 1r'nsd said deDsrnen Continue wsrSs wS0S
81 &. % Ss@ n s
time I % & ta Of e c 1 e 9a sd $
pears that the debt city has during
I 81
s;n which have been and constantly appsarine
Resolved That the Department q Docks be respect
Fund what works are e., now in under %
ha saa works thu d
taxing during This and the next calendar year and tho
spectuy requested to FURNISH the Commissioners the
sinking Fund with .sas%sns Of shs piers: wharyss
ss5ss saom leased the q lease sn4
sish 4espes, the
o pwors as upper
which are not and d w not .ns Ss Of bSS
charge upon the city large sums Of money, which
shoud eease al least until those whose properly bsSs
fted thereby show more readiness to pay the asseas-
Resoved That the openings of streets boulevards ana
S Ss s
adopted changed to prevent tho
beeu practiced IN these matters well the
charge OF immense sums upon the city treasury.
The Fire Department made requisition for
lot on Hamilton square for an engine house, which
was referred to the Comptroller.
The following preamble and resolution were re-.
ferred to the Mayor and comptroller
Whereas The second and third stories Of premises Nos
lis i03 aud ITO Centre street leased from Morgan
Jones the term OF ten years from July 1870 tho
yearly rent OF ~ for occupation by the First District
Police Court by ndeptufe dated May 1870, and such
premises have never been occupied or IN any USED
Tor the purpose Of such Court; therefore, be 1t
Resolved, That the Comptroller authorized to rent
out such premises for the balance Of the reserved
such rent may be deemed by HIM advaulsgos
GUS to the City Treasury.
After transacting some other unimportaut bust.
ness the Board Adjourned.