The Portland daily press., 1895-01-08

| eral and they dom amount to any
| thing"
Mr.. Nickerson was in favor of hear
| ing. 1t was public matter of much
| importance and citizens had right to
express their views.
| Mr.. Payson said: PERSONALLY, know
| there are a great many of our best
citizens and taxpayers who want this
commission to have trial. AS the main
question does not come before us. GER
tain1y am in favor of Ia public hearing"
Mr. Kent said he felt much as Mr.. Pay
son did. He was in favor of a public
hearing.
The vote was then taken on a rising
vote. Those favoring laying the order
on the table were: Messrs. .Ilsley, Has
kell, Anderson, O'Neii, Mannix, Hen
ley, Lefavor, Howell, Winship, Hayes,
Johnston, Pagan, Holland, Mcdonald
and Slower.
Those who voted against laying on the
table were: Messrs. Kent ,Nickerson,
| Payson and Nash.
Then, in the upper board it was voted
to receive and place on file both reports
in regard to the commission.
Later the two reports came into the
common council and were read, but no
action was taken on them. Thus the
whole matter is waiting action on the
order for public hearing, and that or
| der is on the common council table.
SALE OF OGDENSBURG STOCK.
| Alderman Thompson in presenting an
| order for the sale of Ogdensburg stock,
said that the finance committee had held
a meeting and recommends ed the sale Of
$500 shares of Ogdensburg stock. The
| city treasurer has looked about for pro-
posals. He would therefore propose the
following order:
That for the purpose of raising funds
to meet the city bonds falling due Feb
ruary 1st, 1895, the City Treasurer he,
and he is hereby, authorized to sell un-
der the direction of the committee on
finance, twenty-five hundred shares of
| the Portland & Ogdensburg Railway
| Company stock, now owned by the city
| of Portland as an Investment Of the
sinking fund, provided the sum OF fifty
| dollars or more can be had for each share
of said stock sold under the authority
of this order. And the City Treasurer is
also authorized to sign for the City of
| of said stock sold by authority OF and
| in accordance with this order, and no
other.
Alderman Randall said that he opposed
| the sale of this stock. He could not see
the advantage of selling good four per
cent stock to pay maturing indebted
ness that could BIZ refunded at three
per cent.
| Alderman Thompson said in reply that
| the sale of these $500 shares would not
affect the control of the city in this road
as the city would have enough over to
form majority. This winter the legis-
lature would be asked to establish a
commission to hold this stock, SO that
the city may not lose that control. Mr..
Thompson did not believe that the city
should be always in debt. He preferred
to be paying off some of the debt. More
over, he did not believe the city could
place loan at three per cent.
Some question arose as to whether the
sale of this stock and the payment of
the maturing bonds would reduce the
city's debt below the constitutional five
per cent limit.
Mayor Baxter said it would net If
all the Portland & Ogdensburg stock
held by the city, and the gas stock also,
could be credited, the debt would be
brought below the limit.
Alderman Smith thought the stock
|! should bring $55 share.
Alderman Randall thought the bonds
could be refunded at three per cent, and
thus make a saving in interest.
Alderman Thompson said he doubted
much whether the stock would bring
| $50. 1t never b as sold SO high
The order was then passed by the fol-
lowing vote:
Yeas Messrs. Dam. Thompson, Peters,
Little and Smith.
Nays-Mr. Randall.
A bsent--Mr. MCGOWAN.
In the common council there was no
debate. The vote was unanimously in
favor. Councilman Snow alone was alb
sent.
PLACES OF ASSEMBLY.
The ordinance relating to the safety
of public assembly places, which was
passed to be engrossed at the meeting
before, was passed to be ordained. 4
No person having the charge or control
of any building, hall or auditorium, as
owner, lessee. manager, agent or other
wise, used as place for public assem-
bly,, shall place, or allow to be placed,
or remain in any aisle. passage-way,
stairway or entry-way of such building,
hall or auditorium, during a perform
ance therein, any temporary seats or
other distractions, for any purpose
whatsoever.
All persons violating the provisions of
t his section shall be punished by fine
not exceeding one hundred dollars, to
be recovered on complaint.
CLAIMS FOR DAMAGES.
Mrs. Annie NJ. johnson, of No. 6 Dyer