Washington standard. [volume] (Olympia, Wash. Territory) 1860-1921, 1897-12-24
CITY COUNCIL PROCEEDINGS.

J. C. Coo.
CITY COUNCIL PROCEEDINGS.
AT the regular council meeting Mon
day evening an interesting session wa.
held. Mayor Bryne presided ant
Councilman Forbes, White, Wilson
Savage and Scofleld were present
Murphy being absent.
The committee on Ways and Mean,
reported recommending that the petit
ton of j. Stampfcr, c. p. Horn and J
:. Brewer for the removal of certain
buildings on Water street be granted
and that the street committee bt
ordered to take immediate steps tC
have said buildings removed. 1t wa.
further recommended that Water
street be opened from Third to Fourth
streets. The report was adopted.
The committee on current expense.
was granted further time to examine
the report of c. NJ. Dial, Justice of the
Peace.
The special committee appointed to
confer with the Eastside Railway Com.
pany in regard to the new franchise
reported submitting an ordinance fol
granting a right of way to the East
side Railway Company over certain
streets and repeating ordinance No.
653. Read first time in full and re-
ferred to committee on Franchise,
Lights and Sewerage.
The committee on Ways and Means
to whom was referred the resolution
to accept taxes for the year 1892 and
prior at their face, without interest re-
ported recommending that the resolu-
ton be adopted for the period of GO
days. Report adopted.
The committee on Franchise to
whom was referred the matter of I'M
used and abandoned franchises re-
ported submitting an ordinance for
FORGETTING the grants and privileges to
the persons named below and the
ordinances designated by numbers as
follows, said ordinance being read and
referred to tho committee on Fran
chises, etc.
The Pacific Construction company,
in ordinances Nos. 2lS and PIG;
Messrs. Allen & Hardness, contained
in No. 29S; Geo. NJ. Savage, ordinances
302 and 1872; Portland & Puget Sound
Railway company, Nos. 3S1 and 446;
Westside Railway company, No. 521
Tacoma, Olympia e. Gray's Harbor
Railroad company No. 399, and re.
pealing said ordinances.
The following resolution was intro
duced by Alderman Wilson:
WHEREAS, owing to existing con-
ditions and Notwithstanding the most
earnest and determined efforts of this
Council for number of years to meet
all obligations for which this city is
legally or morally liable. including
per cent. interest on 100000 bonds
and reasonable payments on our
warrant Indebtedness (Which was
created during the real estate boom on
fictitious and outrageous assess
ment snd having to that end Gin con
junction with the State and county
boards) levied taxes, and those taxes
heretofore levied during such boom
times actually amount to 10 or 20 per
cent. of the present assessed value OF
property; at the same time combining
our expenditures to the most absolute
necessities and finding it impossible
to increase these imposts without
working grievous hardships and in
many cases financial ruin upon the
taxpayers, we are therefore forced to
the conclusion that concessions in the
rates OF interest are demanded to en-
able us to carry on business as q city
government. At the same time we
are determined to pursue the most
honorable and fair course towards our
creditors which our existing condi-
tions will permit, therefore, be it
RESOLVED, That the Treasurer be
and he is hereby instructed to pay
all arrears of interest or interest that
hereafter becomes due on bonds at the
rate of three (3l per cent. per annum.
Son all warrants outstanding upon
presentation for payment pursuant to
warrant call, the clerk is instructed
to pay principal of said warrants, max
ing note of action and cancelling the
same in the usual manner, and in lieu
OF the interest thereon he shall issue
to the holder thereof non-interes t
bearing warrant equivalent to six per
cent. per annum for the period repre-
sented from the first issue of original
warrant and cancellation of the same.
Resolution was referred to commit
tee OF the whole of the council with
instructions to call meeting of the
old and new councils for Monday
evening December q, to consider the
same.
Alderman Scofeld moved that a
warrant be drawn on the current ex-
pense fund in favor of the chairman
OF the street csmmittee for 5000 for
improvement on jefferson street.
The motion prevailed. Alderman
Forbes, White, Wilson, Savage and
Scofield supporting the same.
A warrant was ordered drawn in
favor OF the county Treasurer for $I2O
bond interest, all members present
supporting the order.
Z. !. Helm. of Ellensburg, shipped
carload Of horses to Honolulu last
week. The car was made up of road
STEERS, some three or four inside the
z:3o limit, and some French per-
cherons. The heavy horses went l.
2OO to 1900 pounds, and were con-
tracted at $500 to $3.50 per span. Mr.
Helm has been breeding the big horses
all through the depression in the
morse market, and now feels very cheer
lul at the outlook. He has 500 to I -.