Wheeling register. [volume] (Wheeling, W. Va.) 1878-1935, 1880-10-13
CITY COUNCIL.
REGULAR snasion :. Important
Matters The First Branch
Cuts the STA, 500 Loan Ordi-

Hey 0taf o"hhtoh '"p'
Matters The First Branch
Cuts the S114, 800 Loan Ordi-
nance Down to S5S, 500.
Second Branch.
Dr.. Logan, President of this Branch,
called it to order With the following gen
tlemen in their seats: Acker, Arkle, b.
F. Caldwell, GoodfellOw, Hamilton,
Hork heimer, Houston, McNash, Naylor,
Peters, Reeves, Waterhouse, and Logan
President.
The minutes of the last session we're
read. Approved.
REPORTS OF COMMITTEES.
Finance This committee reported
having examined the report OF J. y;
fancy, City Collector, for the year. 1878
and 1879. These reports were fonnd
70 be correct, and Mr.. fancy was releas.
ed from further liabilities. The delin-
quent list for 1870 was charged back 10
Mr.. Tanev to be reported upon again IN
his next annual report.
A letter from John Waddell, President
of the Marietta and Cincinnati Railroad
Company in regard 10 the bonds OF said
road owned by this city, was read and
filed. =.
This letter notified the authorities
that proof of the loss or theft OF said
certificate must be furnished and the
date OF said loss or theft.
A bond of indemnify would also be
necessary to double the amount OF the
mar value OF the stock with sufficient
securities, securing the NJ. 4 g. X. X.
Co. against all loss from damages by
the reason OF the issue OF duplicate
certificates in place OF one lost. Inc
bond must also contain a proper re-
cital of the lost certificate OF the facts
in which the duplicate is issued.
He also informed the committee that
a resolution OF the Board OF Directors
of said road would be necessary to an
issuance OF the duplicate, and further,
said Board will not meet until Feb
ruary. -,
AS a closing piece Of information he
stated that the stock held by this city Is
deferred stock, which is worth only
fraction OF one per cent.
The reports OF several committees
brought up were properly disposed OF,
anu al tell % ClDCh tiilo OiahNh a'l 49,
to meet Friday night.
First Branch.
The First Branch met at 8 o'clock and
the roll call showed Mayor Sweeney in
the chair and Messrs. Boring, Butter
field, Cracraft, Crisweli, Halstead, Nc.
Adams, Simpson, Wilson, Wellington
and z )eckler present.
On motion, the reading OF the minutes
of previous meetings was dispensed
with.
Inc report of the Finance Committee
that was asked for by this Branch, IN
relation io the loan bond, in order TO
| ascertain the liabilities of the citv not
provided for, was then read. 1t is as
follows:
To The Honorable, The Mayer and City Coui-
ell:
| GgXrLEMEN-Tour committee were
requested 10 report what amounts were
necessary to provide for liabilities, not
| provided for in the annual levies. We
beg leave to report the following as the
reductions on the amounts asked:
For The Fire SIC po
For the Water Works SOl
| For the Streets, Alleys AMI GRADES ...-. 1900
| w Tho / ,phts ,, 90
Making total $1,000
II Won wish 10 include the bonds OF
the Fifth warl Market House, Sl3,50O
additional would be required. Your
committee further report that il the
above reductions could have been gwen
| to the committees named at the time the
appropriations were made, this amount
would still fall short Of meeting other
requirements. All OF which | most
respectfully submit,
W. B. SIMPSON, Chairman.
The third section of the bend ordi-
nance was then taken up, il being where
the Branch left off at its last meeting.
| This section states what unpaid depart
ments the Sll4,500 proposed loan was
intended for.
Captain Wilson moved to strike out
all of these items except the last one
which provides for the Fifth ward
market house bonds, and insert "for the
purpose of drafts in transitu and cur
rent expenses, $4,000" Captain Will
son explained that his reason for this
was the fact that he was opposed to
borrowing money to pay debts that
were already provided for, as the
amounts as stated in the bond ordinance
were already provided for by the annual
levy.
sir. Hall appeared.
| 1t was then moved 10 strike out
STA, 500 and insert SIS, 500. The two
amendments were carried unanimously.
The fourth section Of the ordinance
was then taken up, and the manner OF
making the assessment was amended. so
as to read in clearer manner, and so
as to be- understood that no additional
levy than the so cents on the 500 val
uation. Carried.
In the fifth section the amount OF in
terest was made 81 1880. This is the
semi annual interest 10 be paid, togrth-
er with $25 per six months additional 10
cover any emergency. Carried. Tie
next section was amended by changing
the rate OF interest from per. cent 10
| 81 per cent. Carried.
The fifth section was again amended
by changing 81 ,4S7 80 to 81 ,633.I5, which
cover the additional per cent, provided
for in the sixth section.
The months of June and December
were named as the time that the bonds,
coupons and interest should be due.
Some minor changesof dates Were made,
and this branch sent the bond ordinance
to the second branch, after il had been
put on its third reading by its title, and
adopted.
The reports Of the Water Works and
Finance Committees, with the superin-
tendent OF water works report were re-
ceived from the second branch, read and
adopted.
John Amber was granted license to
keep coffee house.
Several unimportant papers were laid
over, and at $50 this branch adjourned.