The Ottawa free trader., 1879-11-08

flneS imposed .....................So COL
II Fines collected. .....................SH SH
II The street and alley committee reported the
J graveng done, before mentioned; and that the
second ward fire cistern would be completed in a
few days.
/ The finance committee, who were at a previ-
Gus meeting instructed to settle with Mr.. l.. II.
Eames and the Edward Eames estate in the water
power bonds matter, procuring an extension of
the time of payment, reported the drawing up of
contracts with that end in view. One of these
was read by the clerk, By the terms of this o..
H. Eames) contract, $40, ,9O3.2O with interest at 6
per cent. from Aug. q 1879, are to be paid Aug.
3, 1888; $1,000 on Aug. g 1887; $4,000 Aug. 2,
1888: and IS, 600 Aug. 2, 1882 with interest on
the So, 600 at per cent. This principal may
also be paid at any time before it becomes due by
the terms of the contract. The ordinance to car
ry both into effect was also read.
A vote was then taken on motion to author
lie the Mayor and Clerk to execute the contract,
resulting in a tie, Aldermen Kelley, Mahcr, Leon
ard, Murphy, White and Hollecker voting no.
The Mayor said that having in mind the previous
instructions of the council, he would have to vote
"ayc." But he continued, he had some doubts
as to the consideration mentioned in the contract.
He thought the ordinance read which appropr-
ated the moneys for the next ten years to pay The
amounts mentioned in the contracts would be
sufficient consideration to hold the parties to the
contracts; but having had but little time to e1-
anime the authorities he was not yet ready to say
that he would execute the contracts. There
seemed to be a question, too, as to the power of
the future council to change the ordinance so as
to pay the principal before it came due, which 10
not contemplated in the ordinance. Attorney
Moloney thought this council could not bind any
future one, who could do as they pleased as to
the point raised. He, too, thought the considera-
ton expressed was not sufficient and thought =
| full statement Of the facts in the case should be
set out in the contracts. Some of the aldermen
thought they could see nothing in the contracts
to prevent the collection of the other per cent
90 per cent being the annual interest payable
on the face of the bonds if the Eamcscs should
make fight for it.
! The matter was postoned until next Tuesday
evening to give all an opportunity to post up on
the subject.
The liquor license bonds Of E. II. Seeley were
approved The license is for a saloon near the
c., b. Il Q. depot.
Among the bills were sl2269 for a suction
hose &c; 50 for horse doctoring, S2lO for a bay
horse This bill raised quite little row. Kelly
thought the price steep. Phelps was anxious to
know why another horse was needed. Murphy
said the old white horse was about worn out
was II years old. He could be sold tor 1926, and
as the new animal was only feur years old, he
thought these eight years worth the difference.
Phelps objected, because the city already had
two good teams, and the time had come to cut
down expenses He had doubts to the pro-
priety of working q green horse. Griffith thought
il a good plan to break in green horse. The old
animal can be sold for sl25 in the spring, by
which time the new horse will be thoroughly
broken to his work Hossack thought four hor-
ses enough Logan said that when the commit
tee bought the mare they told Mr.. Degen that
when he found her match TO let them know.
The match is found, in age. color, size and dis
position. The Degens offer 800 for the Old
horse, giving the city the use Of him for six
weeks. This, however, has not been accepted.
This new horse can be sold if the council don't
want him for all he cost but he thought it wise
to get rid Of an old horse for a new one; and he
thought better f-year old team could not be
found in the country. The bill was paid, Maher,
Kelly, Hossack and Phelps voting no.