Lexington weekly intelligencer. (Lexington, Mo.) 1871-1887, 1885-05-09
TOWNSHIP BOND CONVENTION.

TOWNSHIP BOND CONVENTION.
The convention representing Lexington.
Washington and Snl-s-Bar townships, in re-
gard to the compromise of the township
bonds submitted by the hondholders. met at
the courthouse, in this city, last Monday,
May 4, at l0:3 0 a. IN.
Hon. Chas. l.. Ewing was made temporary
chairman.
Vim. G. McCausland, Esq was made Sec
retary.
Mr.. J. C. McGrew moved the appointment
of a committee on credentials. Carried.
TIE chair appointed Messrs. MeGrew,
White and Ferguson.
4. A. Lesueur moved committee on per-
manent organization, rules and order of BUSH
hess. Carried.
Chair appointed Nessrs. Lesueur. Douthitt
and Satter1eld.
Mr.. Field moved committee to invite Mr..
skinker and other bond lawyers to address
the convention. Carried.
Chair appointed Messrs. Field, Russell and
Powell.
The committee on credentials reported the
following:
Your committee on credentials report as
delegates entitled to seats In this convention,
as follows:
From sni-a-Bar Township-R. T. Russell,
L. 2. Smith, john Barnett, j. Z. Cobb, J. T.
Ferguson. j. w. Bledsoe, &. D. SatterdeId,
NJ. z. Ryland, T.. Y. Middleton, J. q. Kelly,
VIM. Harris.
From Washington Township-J. g. Worth
ington, T. j. Powell, Charles McGirl, A. W.
Douthitt, Jas. NJ. Withers, A. B. Mathews,
James Warren, P. w. Atkinson. Samuel
Smith, Geo. w. Fox, James H. Jennings,
Col. H. C. Chiles, J. 8. White, Fl. C. Ewing,
DR.. c. Clarkson, C.. l.. Ewing.
From Lexington Township-Thos. Shelby,
W. A. Gordon, VIM. G. McCausland. Joe.
+. Smith, Al. Slusher, Robert Taubman,
Robert Taylor, Baxter Lankford, VIM. C.
Baer, Thomas b. Campbell, John &. Howe,
A. A.. Lesueur, s. G. Wentworth, W. B..
Steele, Geo. Wilson, John Reid, J. c. Nc
Grew, Richard Field, R ebert Bledsoe, John
G.. Longdon. Bernard Never. J. s. Black
well. Nathan Cooper, Godfrey Shull.
Respectfully submitted.
j. C. MCGREw.
J. T. FERGUSON.
j. 8. WHITE.
The report was adopted.
Convention took recess until 1870 p. m.
AFTERNOON SESSION.
The committee on permanent organization,
rules and order of business reported as fol-
lows:
LEXINGTON, Mo-, Nay 4, 1885.
Mr.. CHAIRMAN: Your committee on per.
manen: organization. rules and order Of
business respectfully recommend:-
PERMANENT ORGANIZATION.
Hon. Chas. L. Ewing to be chairman, Vim.
G. McCausland TO ba secretary.
For rules the parliamentary practice of the
Missouri legislature.
ORDER OF BUSINESS.
1. Speeches by T.. Il. Skinker, Esq, and
other bond attorneys.
?. Replies, by townships-a. Lexington
township; b. Washington township; C. sni-
a-Bar township.
3. Response by Mr.. Skinker and other
bond attorneys.
4. Consultation of delegates, BY town
ships, in executive session.
D. Reports of townships as to their con-
clusions, 10 the entire convention, In execu.
tive session,
q. To close Us may be determined In the
order Of business numbered 5.
A. "A. LESUEUR,
A. W. DOUTHIrT, }Com.
q. u. SATTERF1ELD.)
The report was adopted.
The Chairman introduced to the couven :
tion Mr.. Thomas il. Sklnker, who proceed
ell to address the convention. w cannot
attempt TO reproduce his entire speech, as il
was somewhat lengthy. He ssed graft
~fcatiou ut being able to come face to face
with the people upon this question, as more
likely TO lead to results. He excused Gen
Henderson's absence on account of the lat.
ter's serious illness. He said he WAS sorry
to be arrayed against ciLizens of his native
state in anything, but hoped II settlement
could now be reached. lie denied that HI
had either said or done anything that coulc
{ conclude him by the action of the st. Loui
conference of 1882, and asserted that he hat
said then what he said now, that his client
might be persuaded to compromise at 81 ant
20 cents. He stated that he had spent three
mouths IL getting the bOndholders to agree
: 10 these terms, and that some came In Will
great difficulty, and would like nothing bet
D ter than to have the proposition rejected
that he had labored earnestly and sincerely t.
get the best compromise that could be oh
tanned. He said his clients were not specu
a la,ors, but had paid s. and so cents in none,
1 for their bonds. He then made an argu
:. ment on the Injustice Of the %bondhOlder
losing their money, and argued that the tax
while heavy, would not be onerous to
;. fertile, rich county like Lafayette" II
e said the taxation would be about as fol
q lows -
w~AzHIyGToN.
Funding bonds .. 6 20 90
> ~ l. e. & &. say 81, 500 eachslos 100
! compromised 1t average e9e. G.C9
6 sss. Oh
Amount interest would be-. D 81
Il tax y, 3Gc woald Yield So. $40
q HtiaHce N treasury....... . II
The bordbolders propose to throw of $41
OOO.
ssI-AsHAR.
Is FnnH!ne h"nds..; -. 8 81
s. bouds e1rh So 800 20 - eco
= COMPROMISED ~ o.. ....,. 10 2,
-
,mo,,, ,,,.... SO q
TAXABLE wealth 10 ...........s 102 4eI
> Tax rAte al 4ol would y,eli.... sVs
Balance in treaSG;y....... . TO-
n The bondholders propose to throw of S25
700.
LEXINGTON.
sundinE bond. .... ....,.. . 50, A
- IS H.. Z &G bonds, say 50
4. 80 each s! 400
Y IS i. j. boads. sag So 4lG... lev zoo
25' 400
CGmrronlLsei at an average
ofe4e..... . ........,.. le5.1