The Providence news. (Providence [R.I.]) 1891-1906, 1897-05-04
BONDED.
The Disposition of
Floating Debt.
City Council Decides to
Issue More Bonds.
Brings Total Indebtedness Up
to $16,860,000.
Otis F. Clapp Appointed TO Succeed
Mr.. j. Herbert Shedd.
Francis Colwen Reelected City Solicitor
for Three Years.
Brings Total Indebtedness Up
to $16,860,000.
Otis F. Clapp Appointed TO Succeed
Mr.. j. Herbert Shedd.
Francis Colwell Reelected City Solicitor
for Three Years.

The Board OF Aldermen met yesterday
afternoon and the Common Council last
evening. BY concurrent vote the float
Ing Indebtedness Of the city was entirely
wiped out by the bonding of the last mil
lion upon recommendation Of the COM
mittee on city debt The change IN the
form of the indebtedness was accomplished
by the passage of two bills for ordinances
authorizing the issue of 1914, 600 worth Of
bonds to be known as the Park Loan
at 3l% per cent due in t9t7 and the issue
OF $500 worth of bonds to be known as
the public Improvement Loan" at 3ls
per cent due in 1887. All the bonds must
be sold at par to the Sinking Fund Com
missioner.
This makes the total of the cltys
bonded Indebtedness SIC, S60 900.
City Solicitor Colwell was reelected by
concurrent vote for three years.
The Board of Aldermen passed the cleo
ton of park commissioners but the
Common Council elected Mayor McGuin-
ness by vote 20 TO 10 against ooionel s iSl
Winship. This was done In spite OF the
mayor s emphatic assertion that he would
not enter any contest
Mr.. Otis +. Clapp has been appointed
city engineer to succeed Mr.. D. Herbert
Shedd and the latter will serve the city
as consulting engineer
Interest in the session of the Common
Council last night was divided between
the expected debate on the question Of
Sunday observance and the report Of the
finance committee recommending thir-
teen cent increase OF the tax rate. The
xhnle- tax question: however, was laid
over for two weeks and after Councilman
Waterman had explained his position in
relation to Sunday observance President
Kendrick dampened tho ardor of his
oplosition by refusing TO receive bur-
lesque resolution from Mr.. Irask.
!. The new lake at Roger Williams Park
has been named "Demtng Lake" In
recognition of the splendid services ron
dered by the chairman of the park COM
mission.
Board of Aldermen.
Commissioner of Public Works Smith
announced his appointment of Mr.. Otis
4. sClapp TO succeed City Engineer j.
Herbert Shcdd at a salary of $500 Ior
annum. He also announced his appoint
ment of Mr.. j. Herbert Shedd as consult
ing engineer at a salary OF S2i00 per
annum.
The appointments were approved.
This makes the combined salary Of the
two officials $500, which Is reduction
In the amount called for by the depart
ment AS city engineer Mr.. Shodd has
received $1,000. and Mr.. Clapp us a subor-
dinate in the department has received
S2400
Upon motion of Alderman Lowe, City
Solicitor Francis Colwell was reelected
for term OF three years
The following communication was re-
ceiycd by the Board;
''Notice is hereby given that in con-
formity with the provisions of the act
entitled An act concerning the Union
Railroad Company, passed by tho Gen
eral Assembly May 8, 1892. and of the
several acts in amendment thereof and
IN addition thereto, the Union Railroad
Company has this day chosen and ap-
poinlel Henry M. Whitney of Brookline,
Mass, TO act as disinterested person
under the provisions of said acts I'm the
determination OF the rate OF special tax
upon It's gross earnings To be paid 10 tho
city Of Providence for the period OF five
years next succeeding the first day Of
July A ID. 1887, the city and this com
pany having failed TO agree upon such
rate within the time specified by said acts
UNION RAILROAD co.
By G. II. PERKINS, Vice President.
Mr.. Whitney Is president of the West
End Knad OF Boston. The arbitrator al-
pointed by the CITY Council ON Monday,
April 10, Is Mr. John X. Freeman. Mr.
Freeman and Mr.. Whitney will now APP
point the third member
The Common Council resolution direct
ing the city solicitor to apply 10 the Gen
sralAssemby for authority To hire 500,
600 for school purposes wos passed in con
currenCc, and also the resolution direct
ing the city solicitor TO apply To the Cen
eral Assembly for the repeal of chapter 40.
relative To the school committee, with an
amendment thereto.
Chapter AZ is the so-callcd school act so
obpcbxious to the councilmon which was
passed AZ the special session oi last October
by the Legislature, and wh.cl transferred
authority from the city government 20
the school committee Inc amendment
il merely TO cnange "a date So that the
repeal Will bc asked from the next AS.
seiEbly rather than from the oue now I'm
session.
Morc Bonds 10 D I;su,i.
Bills for ordinances were passed author
King the issue OF bonds at ~ per coct
To the sinking fund commissit uers in the
following amounts: $67i coo to be known
as the Park Loan, due in 1897, S6l0-
COO. Co be known as the "PubliC I'm
Iruvement Loan, due I'm 1887.
The till adding S35, 0OO 60 the approprin.
tion for highways was indefinitely post
poned and upon recommendation of the
finance committee substitute bill was
passed adding the same amount but pro-
yidlng TINT lt NAV Le tranferrpd from
tfe appropriation fiT contingencies
Tic resolution sesrcct n { q city solici
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