The age-herald. [volume] (Birmingham, Ala.) 1897-1902, 1897-12-11

was so ordered.
Extracts from report of Myaor A. Q.
Lane, presented at meeting on July 6,
1879
AS heretofore reported to YOU. the
gas contract has been duly executed ana
the city now owns one-haf interest IN
the gas works The plant Is being en-
larged and improved and in short
time 1t is hoped our people Will nave
bountiful supply of light, for Whlcn
the charges will be materially reduced
after the first of January next.
(Extnact from minutes OF December
49, 1881
His honor stated that the purpose OF
the meeting was for the purpose OF TAX
ing action on the following resolution:
Whereas, the city of Birmingham IS
stockholder in the Birmingham GAS
and Electric Illuminating company, and
whereas the said Gas and Electric L
Illuminating company meets at % CLOCK
this, the 18th day of December, 1888, IN
stockholders meeting for the purpose OF
voting upon the proposition to issue
second mortgage bonds of said company
in an amount not Ito exceed 100000, now
therefore, be 1T
Resolved. That B. A. Thompson, may
or of said city is hereby authorlzsi ana
empowered TO vote the city's stock at
said meeting in favor of issuing SAID
bonds; 1T being understood that the CITY
in nowise is assuming anv liabil ty ex-
cept in their capacity as SharehofperS VI
said company.
Alderman Solomon moved the adoption
of the foregoing resolution, and said
motion prevailed by a full vote or all
the aldermen present.
EXTRACT from minutes of meeting or
December 26, 1881 :.
HIS Honor stated that the board had
been called together for the purpose or
considering the practicabilfty and legal
ty of executing and issuing THE city $
neite in favor of the Alabama National
bank due and payable on the first day
of July. 1889 for the sum of 100000 The
proceeds of sad note Ito be used for the
purScse of assisting THE Birmingham
Gas and Electric Light company in rails
ing the necessary amount to pay the IN
terest on the bonds of the SAID Birm-
ingham Gas and Electric Light COM
pany, falling due January 1, 1889; the
city to be secured by the note of the
said Birmingham Gas and Electric Light
company for the Ike amount OF $4,000,
said note to be due and payable ON the
1st day of July, 1885, AS further s.
curity, the said Birmingham Gas and
Electric Light company proposed that
the City should hold back the payment
of all accounts now due or may become
due from the city to the said Brming-
ham Gas and Electric Light company
from now until the said 1st day of July,
1889, said account to be credited on the
note given in favor of the city by The
| SAID BIRMINGHAM NTdS anu ESlSCIllC Light
company, and asked what action the
board would take Mr.. s. ID. Weakley,
who had heretofore been called upon ITO
render legal opinion on the above
proposition, submitted said opinion in
writing, stating under the laws as he
| understood, that the city could net be-
come parity to such a transaction, and
advised that the same not be done.
| Alderman O'Connor moved that the
written opinion of Mr. S. d. Weakley
nr-1 st1A1I
be governed thereby that the clerk shall
| file with the auditor said written opin-
| ion for future reference, and that the
mayor be requested to. report the action
| of this board to THE president of Se
birmingham Gas and Electric Light
| company and said motion was adopte
Extraelt from minutes of meeting OF
| May 7, 1889.
Mavor Thompson stated that the prin-
| cipal object of this meeting was to dis
nose of the proposition from the Bir-
| mingham Gas and Electric Light COM
| pany.
on motion of Alderman Morrow, the
rules were suspended and Mr.. Walker
| invited to address the board on the SUBJ
| ject. After quite a lengthy speech from
| Mr.. Walker a communication from Col
| J. F. 3. Jackson was read.
City Attorney Weakley, in his opin-
| ion stated thaH it would not be legal for
gas company.
Alderman Solomon then introduced the
| following resolution, which, upon a cal
| of the yeas and nays. was adopted by
| a full vote of all the aldermen present.
Whereas, This board is informed by
| IT'S attorneys that 1t has no legal right
| ito hold and vote stock In the Birming-
| ham Gas company, and furthermore, II
| this board had such rights, the plan
proposed by said company involves the
| issue of more stock which would have
| the effect of making the city a minority
| stockholder, and therefore is not adj
| visabie, therefore be lit
Resolved, That this board decline tc
| take any action in the premises.
| (Extract from minutes of meeting oil
| September 3, 1900
| A proposition was submitted by the
| gas company Ito furnish lights to the
city for the term of ten years at stated
rates to city and to private consumers.