The Wheeling daily intelligencer. [volume] (Wheeling, W. Va.) 1865-1903, 1878-05-11
MEETING o. FIRsr BRANCH OF CouN.

MEETING OF First BRANCH OF Cous-
OLA special meeting Of the First
Branch Of Council was called for last eve.
ming. At 8 o'clock the roll was called
and the following members answered 70
their names: Egerter, Blair, Hall, Hast
iDgs, Hoffman, McAdams. Mr.. Blair
occupied the chair. There not being
quorum present the Sergeant was sent
out for absent members, and In few mo.
ments returned with Messrs. Boring,
schambra and Stone, which completed the
quorum.
A resolution from the Second Branch,
instructipg the City Clerk to advertise
for proposals for cleaning the streets
during the ensuing year, was concurred
in.
The action OF the Second Branch, in
relation to the petition Of John ]. Jones,
commissioner Of the Capitol loan, IN.
structing Mr.. Jones 10 exhibit his books
10 the Assessors, was concurred in.
The report Of the special committee on
Stall 81 OF the Second Ward market was
received from the Second Branch. The
action OF the Second Branch in adopting
the frat two resolutions attached to the
report was concurred in. The third
resolution, which authorizes the Clerk
Of the Market 10 declare stall vacant
where the rent Is not paid at the expira.
ton OF ten days after it Is due, BY the
Second Branch referred 10 the Committee
on Ordinances, was referred to the Com.
mittee on Markets for report.
REPORT OF FINANCE. coMMITTEE. d.
The Committee on Finance, who were
instructed to report TO Council the exact
financial condition Of the city, submitted
the following:
TO he Honorable, he Mayor and Council of
Tie City Of Wheeiing:
The Committee on Finance, TO whom
was referred by Council the following
resolution, to-wit:
"Re,oEped, That the Committee on Fl.
nance be instructed to report the exact
condition OF the finances Of the city, as
far as they can ascertain the same"
Beg leave tosubmit the following state
ment:
Amount Of available assets to pay the go
Iaule..... b2lb %
Balance Of elty's Indebtedness ..,... sslal1s o.
The committee have instructed the
chairman to call the attention Of Council
TO the fact that there are $1,000 Of the
10 80 bonds 70 per cent?; also $1,000 or
81 1000 Of the bonds OF 1872, known as the
List & Davenport bonds az per cent?;
also several thousand dollars OF the com.
promise bonds 70 per cent? in the hands
Of either the Commissioner Of the above
loans or deposited for safe keeping in the
Exchange Bank by the Mayor, some Of
them signed, and therefore the city would
be held responsible for the same should
they fall into improper hands by any
theft or accident; and as the same cannot
be legally issued and used by the Council,
under the stipulationa Of the ordinances
creating those loans, we offer the follow
ing resolution 10 Council for its action :
RsSohed, That the Committee on
Finance be instructed 10 receive the
above bonds from the several parties
holding the same, and destroy them either
by burning or cancellation, and report
the amounts so destroyed to Council.
The committee would call the atten-
ton Of Council to the fact that
there will be due TO the Commits
sioners Of the compromise loan for in
terest $4,000, also to the Commissioners
Of the Capitol loan, to pay interest and
retire bonds. $780,. on or about June
lst; and as the faith Of the city requires
that the same be promptly paid, We offer
the following:
RcsoIsd, That the clerk Of the city be
instructed to draw drafts on the Receiver
in favor OF the Commissioners Of the com.
promise loan for $1,000, also in favor Of
The Commissioners Of the Capital loan for
Sl3,750. Respectfully submitted,
Ell. STONE, Chairman.
The resolutions reported by the com.
mittee we're adopted, after which the
First Branch adjourned.