Savannah morning news. [volume] (Savannah) 1868-1887, 1883-07-06


/ man; A. n. Miller, Superintendent of the
| Water Works; W. b. Puder, Engineer of En-
/ CINE No. 2; l.. A. Mccarthy, Engineer of En-
\ CINE No. 3, and w. j. Cleary. President of
! Engine No. l, are hereby constituted board
/ to thoroughly and practically examine such
/ engineers rs may apply, taking INTO cOnsld-
/ Grafton character ana industry, as Wen as
i mechanical skill; reporting result OF such eX-
/ animation to His Honor the Mayor, who,
/ with the Fire Committee, shall after eXami-
nation of such report, APPOINT the person who
/ to them may seem most suitable as engineer
/ of Engine No. /, during good behavior and
| the pleasure of Council Adopted.
! By Alderman Nichols
WHEREAS, BY deed of 9th April, 1929 the
| western one-half of lot letter G, in Percival
ward, fronting on Whitaker street and run
ming back ninety 1901 feet, more or less, was
! conveyed to the Governor Of Georgia and his
| successors forever by the Mayor and Alder
men of the city of Savannah for the purpose
of erecting thereon an arsenal, in which deed
there is a provision for said property revest-
ing in and reverting to said Mayor and
Aldermen upon the appropriation OF
said land for any other purpose
than the erection OF an arsenal
arsenal thereon, and is in position thereof
and whereas, the Savannah Volunteer Guards,
military corporation. now seeks to nave the
State convey said land and the arsenal build
ing thereon, to it on the condition that it sells
off its present property on Bull street and in
Forsyth ward. and uses the surplus OF said
sale, after paying the encumbrance thereon,
western part of said lot letter G., and
on the further condition that the
State is to retain right of arsenal in said
property so to be conveyed as improved or re-
built. as aforesaid. Therefore
Be 1t reS0JUed, That the Mayor and Alder
men of the city of Savannah, if the State will
convey, as aforesaid, to the Guards, will sign
a deed of release and quit claim of all rights
of reyersion or reVeSting, as aforesaid, to the
State or to the Guards, SO as to make the title
of said portion of said lot letter So fee sim
that the Savannah Volunteer Guards, as
condition precedent to the making of
said deed of quit-clalm and release
of all rights of the Mayor and
Aldermen of the city of Savannah as afore-
said, shall sell off its present property above
specified. and in further consideration that the
State is tosretain right of arsenel in said
property so to be conveyed as improved or
rebuilt as aforesaid, and that upon the fore
going conditions being complied with, the
Mayor and Aldermen of the city OF savannah
consent to said conveyance by the State of
Georgia to the Savannah Volunteer Guards
upon such terms as may be agreed upon by
and between the parties to said conveyance.
Adopted.
MISCELLANEOUS.
A communication was received from the
Board of Sanitary Commissioners, transmit
ting resolution adopted by said Board, call
ing attention to the condition of undralned
lots south of Anderson street. The commu-
nicatien was received for information, notice
having been already served by His Honor
drain without delay the lots mentioned.
The Committee on Finance, submitted the
following, which was received as infOrma-
ton.
The undersigned, holders of the bonds of
the Savannah Albany and Gulf Railroad
Company, guaranteed by the Mayor and AL
dermen of the city of savannah, in sums set
opposite our respective signatures unite in
the following proposition for compromise
thereof:
l. To receive in exchange for the said
bonds and all coupons, including the coupons
due thereon January list, 1877, and all interest
on the same up to the LIST day of July, 1888,
new bonds of the city of Savannah, bearing
date July LIST, 1888, and having thirty years
TO run from LIST day of July, 1888, with quar-
terly coupons for interest at per
centum per annum, all of which bonds
and coupons shall be exempt from taxation
and be received by the city as they mature at
their face value for all taxes and debts, of
every description, due and to become due to
the city, or paid in cash at the option of the
holder, in the proportion of thirteen hundred
dollars of said new five per cent. bonds for
each one thousand dollars of said guaranteed
bonds and all coupons and interest as afore-
said of said guaranteed bonds.
2. All coupons beginning with those due
January LIST, SlS77, which have been removed
from said guaranteed bonds and not produced
Herewith at the time they are presented for
exchange shall be paid for by the holder of such
bond before the exchange is made, at their
face value, to said city.
3. That the bonds and coupons on which
suits in the United States Circuit Court for
the Southern District of Georgia were begun,
and on which judgments have been obtained
in said court which judgments have been af-
frmed by the Supreme Court of the United
States, will be brought into this compromise
on the terms herein proposed for other bonds
and coupons not in judgment.
4. That all bonds for which this compromise
is accepted be stamped in accordance with
the terms hereof, and until holders of said
guaranteed bonds, to the amount of $2OO,000,
join in settlement herein proposed the same
shall not be binding beyond July ], 1884, on
which day, unless parties representing 100000
of said bonds shall agree to this settlement,
those who have agreed shall be relieved from
the same.
s. That the said city will begin the issue of
said new bonds as soon as practicable after
the holders of 100000 of SAID bonds shall have
had their bonds stamped in accordance with
this proposition for settlement.
John L, Hardee, for self and others $4,000 90
A. L. Hartridge, for self and others 1880 90
John FlannerY, President South
erR Bank of Georgia, represent
gene Kelly. ..s...4................ $500 90
7. s. WAYNE ....................... $500 90
James Hunter Observation-Disclosures. 1000 90
j. c. Rowland Observation-Disclosures. 6,O00 90
Il. b. Reppard .......... ........ 1850 90
j. W. McAlpin, Executor ........ $4,000 90
John Cooper, Agent observation-disclosures. 1900 90
q. II. Remshart, Executor ......... $500 90
II. II. Gilmer ....................... 5000 90
G. b. Carhart, of New York, per
Geo. L. Cope ..................... 10000 90
j. b. Ripley. for Newton Case,
Treasurer Hartford, Conn, - $500 90
$4,000 90
No further business, on motion Council adj
jOurned.
FRANK f. REBARER,