The Memphis appeal. [volume] (Memphis, Tenn.) 1886-1890, 1886-10-05
The COUNTY COURT.
A NUMBER OF OFFICERS ELECT
Ed YESTERDAY.
Chairman Slaughter's Report OF the
Condition Of Finances Receipts
and Expenses.

ley at he desk.
SALARIES TIL SANE.
The salaries OF all officers were fixed
the same ss last year except the engi
neer at the courthouse, which was in
creased from $3.50 to $3.50 per month.
he to hire his own help.
ClRoNER powell.
Justices Powell, Elliot and Buttsn.
berg were nominated for Coroner. Or
the first ballot Powell was elected, re.
ceiving p votes, Elliott ii and Butten.
berg 0.
PooRHoUsE COMMISSIONERS.
The first ballot for Poorhouse Com,
missioners was: A. r. Pope 10, A. @
Wellborne II, j. B. Blackwell Is,
Frank Porter s, Harrison 8, Hughes
IA, and Hughey z. The three first
were declared elected.
o'DoENBLL ENGINEER.
Dan 0'Donnell was elected engineer
at the Courthoule by acclsmation and
John Brennan janitor, receiving %
votes; W. b. Hill, 3; 7. y. Cullens, 7;
Z. F. Maynard, !; S. J.. Gafsswsy, 0
The first ballot for Courthouse watch
man gave Rookie II; Jackson, 20;
Massey, 8; Anmers. 0. SScond bal.
'ot, Rock, 10; Jackson, %; Massey, 7.
Jackson elected.
.W ENGINEER AT JAIL.
P. J.. Heffenan received Is votes
aud ?. Gillespie 26, the latter being
elected.
COUNTY SURVEYOR.
G. Z. jordan was elected County
Surveyor by acclsmation.
ELECTED CONSTABLE.
j.. F. Burke was elected constable of
the Twelfth District by acclamation,
and W. S. Pope County Ranger.
CHAIBNAN's Export.
The Chairman submitted the fol
lswing quarterly report:
To the Worshipful County Court of Shelby
County:
1 beg leave to submit to You nv
third quarterly report ending Septem-
Der 80, 1886. Under the requirements
of law it is only my duty to report to
you the financial condition of the
county once every six months, but It
is matter Of public concern, and |
feel that it is my duty to lay before
you such information and facts touch
ing our fina0ce asI may possess.
And in making this report l desire
10 give you as complete a statement
Of NJ financial condition as it is POS.
sible to do, giving in detail the total
Indebtedness Of the county Of every
description.
Below please find our total receipts
and disbursements during the quarter
ending September 80, 1886.
Total amount of expenditures. ...... sS5, 6s7 SO
Total amount of receiptsu"......". 1896 SO
EIce's Of expenditures over RS
celpts l,29O %
Amount of warrants Outstanding
last $50 "a
Issued during this quarter. 49,. ......... 22,5l9 So
.S6S, 472 so
kmountredeemed during quarter. 1892 O3
Balance outstanding, including
those redeemed by Tru tee during
September and those in hands Of
Charm an not paid out-............ 20,480 Y
RAILROAD INDEBTEDNESS.
AS this is probably one of tn most
important questions that this court
has bad to deal with for moie than a
quarter oil a century, and one, perhaps,
that the public generally know less
about, | desirs to give you . full 8 ate
mept of our railrc ad Indebtedness.
We are ind bted to the Mobile and
Ohio railroad $272,000 or 272 bonds
If $1,000 each, which indebtedness bss
been recently funded. These bonds
fall due from 1889 TO 1914. On tn 8
bonded debt we paw an annual inter
est OF Sl6,S20, which is provided Tor in
our annual %levies,
Memphis and Raleigh Railroad
In regard to this in Indebtedness l find
that t%he'records of this court show
but little about them, only that there
were lO0 bonds of $500 each issued,
bearing date July /, 1872, running if
teen years.
There is nothing in the records to
show ttat any of those bonds
have been redeemed, but on
examination Of the books in
the Chairman's office during the
administration of Justice Holman /
find that in February, 1877, fifteen of
said bonds retired.
In September, 1877, three (9) were
retired.
In January, 1878, five (5) were re-
tired.
In April, 1880, one (1) was retired.
In July, 1881, one (l) was retired,
making a total of said bonds redeemed
of 1850, leaving a balance out.
standing against the county OF $751;.
500.
Those bonds are now, and have
been since Issued, drawing 8 per cent
interest. There is Doubtless some
amount Of coupons outstanding on this
liability, and whatever amount there
may be, ! wish to call your attention
to the fact that all Of those bonds fall
due July LIST, 1887, and it is your duty
10 look to the redemption or funding
OF those bonds. Should you determine
to fund those bonds, l call your attsn-
ton to the law prohibiting you from
doing 80 unless by special act Of the
Legislature.
am decidedly of the opinion, aud
so 8 ate that l believe that it would
be impolite to fund those bonds from
the fact that it will require legislation,
and the amount being small, | would
suggest and recommend to the cour.
that if a levy of 10 cents is made for
1887 that / will assume to sfy and
guarantee with the available fund
now on hand, and the amount to he
derived from back taxes until they are
due, that every bond will bs redeemed
on presentation.
Should you determine to provide
for the redemption OF those bonds,
it will be a period in the history Of
this county and Of this court that you
should feel proud Of.
l hope that you will not think thai
l am premature in bringing before
you this question. l only do 80 from
The fact that should you determine to
those tonds, 10 enable you to
secure such legislation as will be
necessary to enable you TO do 50.