The daily dispatch. [volume] (Richmond [Va.]) 1850-1884, 1879-04-16
MANCHESTER AND VICINITY.

Ericsson Suit, de-, Gc.--A called meeting
OF the City Council was held last night tc
fake action concerning the suit OF ElicsSor
rs. Manchester. The following members
were present: McssrS. Perdue (prcsden')
Spain, Howle. Ballowe, Owens, Kahn,
Gibbs. and Gentry.
Mr.. c. c. McRse, City Attorney, was
called unon 20 give information in regard
to the Ericsson suit. He said he thought
that, as tho matter now stands, it would be
10 the best interests CT the city OF ManclIcs
ter TO take an appeal to the Supreme Court
Of the United States; that the supreme
Court might reverse the decision or Judge
Hughes, OF the United States Circuit Court:
on the ground that the james River Bridge
Company were the parties that ought 10
nave been sued instead Of the city OF Man
chester.
Mayor Clarke being present, was invited
TO give his views concerning the question,
and IN a brief speech endorsed the action
suggested by Mr.. McRac.
Dir. Howle presented the following ordI-
nance (Drepared by the City Attorney. pro-
vidin@ indemnity against loss for such per-
sons rs may become the sureticS OF the city
in q certain superSededS bond, which was
passed under suspension OF The rules, and
reads:
whereas a Judgment has been recently
entered in the Circuit Court OF tic United
States for the Eastern District Of Virginia
in favor CT one o. A. Ericsson, plaintiff,
against The City of Manchester, defendant,
which Judgment the city is advised 1t should
seek to reverse on a writ Ct error to the Su-
preme Court of the United States: and
whereas in order more ttfcctually TO prose-
cute such writ Of error it is necessary that
the city should give a SupeTSedeas bond
covering the amount for which, the city will
be ultimately bound il the Judgment afore-
said is affirmed; and whereas IN order to
induce the taxpayers OF the city or others
TO become sureties for the city in the bond
aforesaid it is deemed by the Council adj
yisabIe and reasonable to offer such surcties
the indemnify afforded by this ordinance
now therefore
BE it ordained by the Council Of the city
Of Manchester, l. There shall be levied 4
special tax OF three quarters Of one per cent.
on all the real and personal property in the
city OF Manchester subject TO taxation,
adopting the existing legal assessment OF
such property for the net amount derived
from, which levy shall be deposited from
time 10 time, rs collected, in some bank, to be
designated by the President OF the Council,
to the credit Of some one or more trustees,
to be designated by the President, with the
consent of the Council, as trustee, to be in
vested by said trustees in his or their name
as such trustee or trustees; such invest
ment to be held MS a security to indemnify
against loss TO such persons us may sign rs
securities for the city such SuperSedeaS bond
as the said city may be required to give in
the proceedings in the preamble 10 this ordi.
nance mentioned,
9. The money 50 received and to be in
vested by said trustee or trustees Shall he
held and applied by him or them-tirst, fol
the purpose of fully indemnifying the sure
ties on the aforesaid bond against any loss
occurring to them or any Of them 10y reason
OF their snrctysiip aforesaid; bat, secondly,
after the trust above mentioned is satisfied,
perfor med, or ended. the whole or any part
of the fund or lis proceeds remaining unap-
rroprated to the trust aforesaid shall be
paid by said trustees into the treasury of the
city OF Manchest>r, for the use OF the city.
3. An tax payers paying taxes under this
ordinance sbull be entitled to, credit for
tie amounts so paid on their regular an
nual tax bill OF the present year.
1. The tax provided for by this ordinance
shall he collected and paid overas speedily
as practicable, under such suitable reguIl-
tons rs the Finance Committee may pre-
scribe, if it deem any regulation proper to
insure its speedy collection and application.
5. Should the amount of money raised
under this ordinance be deemed inadequate
to furnish ample security for the suretics
OF the city In the bond aforesaid, such
farther and future losses shall be made or
such other security shall be furnished as
will render the amount Of security suifi-
cieut.
6. This ordinance snail he in force from
its passage.
.RcSolred, That the President OF this
Council is hereby authorized and requested
to execute in behalf of the city such super
Sededs bond as may be required OF the city
to the Judgment OF the Circuit Court Of the
United States for the Eastern District OF
Virginia, recently entered against said city
in behalf Of one o. A. Ericsson, afiXing, il
necessary, the seal Of the cityto his signu.
ture.