Santa Fe daily New Mexican. [volume] (Santa Fe, N.M.) 1885-1897, 1891-05-09
THE BOARD OF TRADE.
Its Action on the Matter of the Refund
ing of those Bonds-Delegates to
Go to Denver.

At the regular meeting OF the Board OF
Trade, held yesterday afternoon at the
Office of the assistant secretary, Major Il.
W. Knaebel, the following resolution was
unanimously adopted.
"Whereas, 1t has come to the knowledge
of this body which for the past ten years
has represented the citizens and tax
payers of Santa Fe county in all matters
affecting their interests, that at recent
meeting of the board of acting county
commissioners, two of the members
thereof only having been notified, and
two only being present, resolutions were
passed to the effect that $17s,OOO should
be refunded as obligations of the county
to the T., S. F. & N. R. R. Co. in lieu OF
$17S, 900 originally issued to said company
and
Whereas, This body has learned that
one of said members of said acting county
board has filed statement with the pro
bate clerk of said county to the effect
that he had voted for said resolution
under misapprehension OF the facts
and desired to change his vote thereon,
and
Whereas, This body believes such at
tempted action to refund such bonds was
hasty, ill advised and illegal and made
without proper consultation or lnvestiga-
ton as to the actual amount due from
said county and that such original amount
issued to said railroad company was in
excess of the amount which said county
could legally vote under the laws existing
at the time of the election held therefor
now, therefore, be it
Resolved, That while this body is in
favor of bonding and ultimately paying
all the just and legal debts of this county
whether due to corporations or individuals
that it believes it to be its duty as we'll al
the duty of the county officials to exercise
the greatest care and caution in the is
suing of any additional evidences of deb
against the county in justice to its tai
PAYERS as we'll as its creditors. Thi
Board of Trade therefore recommends thu
selection of three competent member
thereof to cooperate with the prope
county officials to examine all the book
and papers and records connected
with the indebtedness of said county tt
ascertain the same and recommend
further action. Such committee togethe
with the county officers to confer will
the holders OF county bonds and to Oh
tain all the information possible in regar
to the status of such bonds with a vieN
to doing Justice to them and to the ta
payers of the county, and that in tn
meantime this body protests as citizen
and tax payers OF Santa Fe county agains
the validity Of the issuing by the presen
acting board of county commissioners {
any amount of bonds whatever under tn
refunding act of 1891 until proper meas
ures have been taken to ascertain tn
exact amount that is due to each claim
ant and whether the same is legal or moi
That these resolutions be spread upo
the minutes and published in the DAHL
New MEXICAN"
The Importance of Santa Fe being full
represented at the Trans-Missiseippi con
gress, at Denver, May 10, was discusse
and the secretary was authorized to &C
knowledge receipt of the invitation t
name delegates. The board then appoint
ed the following named gentlemen dele
gates, and it is understood that all OF Their
will be in attendance:
E. L. Bartlett, Arthur Boyle, G. W
Knaebel, II. B. Catron, Frank T. Webbe
Charles Dudrow, John Morton, John |
Allan, W. T. Thornton, R. E. Twitchel
L. A. Hughes, J. B. Mayo, Chas. F. Ea!
ley.