The Cincinnati daily star. [volume] ([Cincinnati, Ohio]) 1875-1880, 1877-11-14
SINKING FUND COMMISSION.
Important Matters relative to tn
Southern Railway,

| important Matters NeIatiVe to the
Southern Railway.
/ The Board of Sinking Fund Commits
ion ers met yesterday evening In the
Auditors office.
The Secretary was authorized to re-
ceive from the Mayor any moneys he
may have on hand or collect hereafter,
derived from licenses and belonging to
the Sinking Fund, and to deposit the
same to the credit OF the Sinking Fund.
Messrs. A. F. Perry, l.. Seasongood
and j. f. Thorne were appointed a com
mttee to confer with the Hamilton
County delegation in the next General
Assembly OF OIio for the purpose Of Sc.
curing such further legislation as may
be necessary to more fully define the
duties and powers Of the Sinking Fund
Commits sion. and to aid it in the more
thorough and effective discharge OF its
tIust.
On motion, Messrs. Seasongood, Per
| ry, LongWorth and Thorne were ap.
| pointed a committee to provide for the
payment OF one street improvement bond
of 81 900; also the interest m turing in
December.
Mir. Perry offered the following, which
was adopted:
"Whereas, The City Auditor repre-
sents that IN transferring the interest
| funds to this Board he did by inadyer.
tence include in it $17,2S4 40 more than
he should have done, and asks correc.
lion Of the mistake; therefore,
"ResolYed, That the President of this
| Board cause to be returned to the Audi.
tor said sum OF $17,2S4 40, and the ac-
count to be corrected accordingly"
| 0h af
| ee last named was appointed to confer
| with the County Treasurer relative to
the city debt and Southern Railroad
bonds due before January l, 1878.
MI. Perry, from special committee
| submitted report In regard to South
! ern Railroad affairs. The report en-.
braces the correspondence between the
Sinking Fund Board ana the Trustees OF
the Railway, in reference to fixing a
| lime ior a conference. The report EN-.
braces the following:
"Before the Trustees shall fix the rate
| of taxation Tor the interest on the South
ern Railroad bonds they shall have
power and are authorized TO call upon
| the Trustees OF said road for stale
| ment of said trust, and shall have power
to enter In and examine the same, anG
| any money or property which may be il
| Iutll POooCooiOuy puu w hiSh 10 uUL uGG6S
| sary to the use oil said road, shall be
converted into money and credited ts
The interest account of said road. AnC
all moneys or valuable consideration
| which may be received by said Trustees
Tor the running OF said road, or any par
| thereof, and which Is not needed for The
| Iurther construction OF the same, shal
| be received by them and credited to The
interest account, as before provided"
| The Committee then recommended the
adoption oil the following resolution
which was made the special order io
The next meeting:
| Resolved, That this Board persists il
| declining 10 recognize the communica
ton heretofore made by the Trustees o
The Southern Railroad to be sucn n state
ment OF their trust as is required by law
and again request OF the Trustees of thu
| Southern Railroad a statement Of thei
trust, as.proYided for in, Section 8 OF th'
| Sinking Fund Act of March 3, 1877.
''JAs, H. LAWS, Chairman,
AARON +. PERRY"