The Wheeling daily intelligencer. [volume] (Wheeling, W. Va.) 1865-1903, 1877-01-06

... FIRST BRANCH.
Present: His Honor the Mayor, and
Messrs. Baird, Blair, Butterfield, Cowen,
Dnnning, Hall, Hoffman, McAdams,
Stone, Schambra, Wallace and Wilson.
The report Of the Committee Oh Capital
WAS read.
Mr.. Blair objected TO his being made
the medium through which the Capitol
building would he presented to the State
officers.
The Chairman insisted that the resolu.
ton be adopted as it came from the Sc
cond Branch, and il was 20 concurrcd in.
There being no business before the
Branch a recess was taken.
A message being received from the
Second Branch the session vas resumed,
and the ordinance authorizing an issue
Of bonds to the amount of $4,000 for
purpose Of taking up the floating debts OF
the city due TO the Exchange Bank, wa
read the frat time.
Mr.. Stone called attention to the fact
that in providing for the payment Of the
bonds the ordinance simply provides
that there shall be set aside out Of
monies not otherwise appropriated, SO
much in each six months as Is necessary
10 meet the payment OF said bonds. But,
said Mr.. Stone, suppose there should be
no monies 10 appropriate, how is the pay.
ment TO be provided for. He suggested
that there should DO set aside certain
revenues which shall be liable for the
payment Of said bonds, making the pay
ment not only secure but prompt, in
order 10 float it at 9 per cent. ,--tI,sg
The ordinance was then taken up BY
sections. On the 4th section suggestion
was made that the revenues Of the city
should be pledged as In the retiring bonds
Of June Is, 1871.
DR.. Baird suggested that such 3 mort
gage would not be Just to the holders of
the Capital loan.
The suggestion was Withdrawn, and al
ter some further discussion the ordinance
was conCurred in. -4-r r,-tfl.-
The report Of The Board OF EqualiIa-
ton and Appeals was read, and on the
petition Of +. Bradley & Son for reduc-
tion Of assessment for 1875, which was
recommended to be not granted by the
Board, but by the Second Branch granted.
was discussed.
Mr.. Stone affirmed that the law Of the
State forbid such action, it being beyond
the limit prescribed for application for
reduction OF assessment, and the action OF
the Second Branch was non.concurred in.
The balance OF the report was concurred
in.
An ordinance amending the ordinance
relating to the powers and duties Of the
Gas Commissioners, and reducing the
price of gas to 81 50, was received from
the Second Branch.
L was suggested that the reduction
was too great, considering the fact that
il the proposed loan is sanctioned by the
citizens the margin for revenue for the
necessary expenditures Of the city was
very limited, and the question il, whether
the city is prepared to stand so large a
reduction or any reduction Of revenues.
Mr.. Hall thought the making fund
for the general purposes Of the city out
OF the Gas Works was unjust to the con-
sGmers amounting TO perhaps HOO or
1900 who have paid for the works and
the extension, and are paying for tho gas
used in the public lamps.
The action Of the Second Branch was
concurred in.
A message from the Second Branch
announced that they concurred in the
action OF the First Branch in relation 10
the petition Of E. Bradley & Son.
Adjourned.