The Valley Virginian. [volume] (Staunton, Va.) 1865-1895, 1878-11-21
Bonded debt now.........

certained the amount OIL oeot otauuIoli
would be entitled to under the law at
$3.50, 474,77
Bonded debt now""...-. 27l,O66,lo
Vet to he expended 59,40S,67
The Water committee reported having
been unable to complete contract with the
V.R. r. Co., for water supply for said Co.,
and asked to be relieved from further con-
slderation of the subject.
The Superintendent reported an improve
ment in the supply of water, since recent
changes had been made, but that the supply
was vet Inadequate, and could only be rene
died by procuring additional supply from
outside sources-which report was referred
to the Water committee for some recommen-
dalton.
The ordinance as reported by the Commit
tee was passed, imposing fine of from Sl.0O
to $1,000 on the use of gravel shooters in
this city.
The petition of j. S. Gillian to erect a
frame shed in the fire limits was granted.
The petition of VIM. II. Weller for snow
break to be placed on City Hall. was refer
red to committee on Public Grounds and
Buildings, as was also that of the Stonewa'l
Band to lease ard properly fit up room
in the basement of City Hall.
Petitions were presented and referred,
from j. II. Lecky to refund license tax on
clearinghouse, and Of j. A. Hamrick to
build an ice house in the Jail yard.
The School committee submitted pro-
posal from the commissioners appointed by
the board OF trustees Of the Wesleyan Fee
male Institute, to sell the old Institute build
ing to tie city for the sum of $500, in per
ct. city bonds at par, which the School COM
mittee advised the acceptance of forthwith
which was unanimously agreed to.
In August, 1874, an appropriation of sl5-
900 was made for the purchase of buildings
for schools, and this is the first that has been
purchased. The building has been rented
for some years past, for which rent OF SOU
was paid the past year.
Upon the subject of the Valley r. r. Mr.
Evans the proxy Of the city, presented the
proposition already published, made by the
Valley stockholders to the B. & o. r. R. and
Baltimore city, and Capt Ransom presented
the following resolution in reference thereto ::
ssThe communication from A. Madison,
Sec. V. r. r. to Jno. B. Evans, enclosing
a copy OF the proposition submitted at the
recent meeting of the Stockholders of said
Co. by the Valley subscribers, locking to the
adjustment of the affairs of the Company
and division of the assets, being read to the
Council, which proposition was signed by the
proxy of the city of Staunton, subject 10 the
ratification of the Council, it was
Resolced, That the terms of said PROPOSE
ton be, and they are hereby approved and
ratified by this body, but upon the further
express conditions that upon the surrender
of the bonds of the city of Staunton, now
held by the B. & o. r. R., which are repre-.
sented as amounting to the sum Of 900,
the same are to be surrendered to the Treas
urer Of the city Of Staunton for cancellation
also, that the city of Stanton is to be re-
leased from all further liability on account OF
any subscription heretofore claimed to have
been made by the said city of Staunton to
the capital stock OF said Valley r. R., mad
dition to the subscription Of 100000 to said
capital stock. And that the city OF Staunton
is to retain her paid up subscription OF $780,
000, less the Sl9, 800 above mentioned, IN
the unfinished portion of the road south OF
Staunton, as continuing interest in the
new enterprise
Mr.. Ransom advocated the resolution as
not interfering with the action of the Rock
bridge and Botetourt people, nor as likely
to impede the negotiations now pending.
After some further discussion the resolu-
ton was adopted.
Messrs. Evans, Burke, and Ransom were
appointed proxies to represent this city in
future meetings of the Stockholders of the
Valley Company.
SoIREE. last Saturday evening, we
had the pleasure of attending enc of those
delightful soirees which take place every two
weeks at the Augusta Female Seminary.
The evening was very inclement, but not
outstanding the rain many patrons OF the
school and few others who had been favor
ed with invitations were present and constl-
tuted quite good-szed audience. The sol
rec consisted of music by members of Miss
Crawford's classes, together with Rotations,
reading, and exercises in callst henics by pu-
pills of Miss Mattoon. The singing OF sew
eral young ladies, who appeared on the stage
for the first time, was highly complimented
and promised much as the result of the care