The record-union., 1896-09-18
Highest Stength-Latest u S. Report
RH:aa!l! g! Rs%aesz RRskiHs
ABSOLUTELY PURE
ABSOLUTELY PURE

OF capital, which meant prosperity as
long as 1T stood alOof from small invest
mentS, In order to secure heavy ones
from the outside. He thought the inter
estS or each individual present would
warrant such an investment and that
though they might not be personally
fecompensed, the city certainly would
L. l.. Lewis said, when called upon,
that the case was too plain to admit
or argument. He believed that every
individual present understood the
proposition and would willingly support
q motion for the levying of an as
Sessment
In order to bring matters to a head
and give any person who might op-
pose the proposition q chance to be
heard, Major Weinstock moved that an
assessment Of 10 per cent be levied
upon the note of each member of the
association, which amount together
with the $4,000 already on hand be
set aside for the purchase of bonds of
the proposed road.
| r. ID. Stephens offered as an amend
nent that after the assessment be lev
led and collected the notes be Cancelled
and returned to each individual, thus
! ~ lily poSSlblIlly OI diy III
ture assessment for any purpose what
| ever.
| At this point VIM Land. formerly a
director of the Association, said he
wished to know what had been done
with the assessment funds levied in
1893 and not used He and his asso-
ciates in his business had paid $500 in
| assessments, and he understood that
a ~ per cent assessment had been col
lected on nearly $1,000 900 He wished
to know what had become Of it. He
was willing to pay his 10 per cent. as
| sessment, provided the notes be re-
turned afterward, but would like to
Know why there was not $4,000 in
| the bank instead Of $4,000
| Secretary Katzenstein stated that as
! sessments had only been collected on
! notes amounting to about 500 600.
and that the expenses of the Office had
been paid from that amount for a
| long time. Only one Salaried man had
been employed, and Mr.. Land was sad
| ly mistaken in his estimate of assess
nents on notes which had been col
! lected
Mr. Luhrs said he did not like the
insinuation carried in the question
asked by Mr.. Land. He had given his
time to the city long enough. and if
anybody else wanted to take his posi-
ton they might have it. He would not
give the same time over again for
$4,000. and if the people were not sat
isfied he was ready to quit
| Z. Z. Brown here took the floor and
| salo he was a note-sisner and had paid
| his assessment in 1898, but he had
| Gone so for something which it was
| expected would be for the benefit Of the
| city or sacramento, and he did not
| propose now, or at any other time. to
| give his money to boom Orangeyale
or any other vale by the construction
Of railroad which would not benefit
| Sacramento in the least.
| III you want to build railroads. build
| them," said Mr.. Brown, but not one
dollar of my money goes into it. Just
remember that, Not a dollar"
John Siller said he inferred from
| what Mr. Brown said that he would
be IN favor of building a wall around
the city and keeping everybody else
| out.
Mr.. Brown said he could at least live
without an OrangevaIe railroad. and
reiterated his statement that not q
| ooHar or his money would go toward
any Improvement outside of the citv.
ne mad become a member for the pur
pose OF assisting the city in occurring
factories, but not railroads.
| After some further talk Mr.. Stephens
| amendment was carried almost mani
mously, and the question being then
| upon Weinstock's motion it. too was
carried, and then amid the CONFUSION
that followed, during which Frank
Miller for the Chamber of Commerce
offered the services Of +. o. Coleman
TO assist in the levying and COLLECTING of
assesemnts, which was accepted bv the
meeting, motion to adjourn was
| carried, one man voting "avan and
the meeting adjourned.