The news & observer. [volume] (Raleigh, N.C.) 1894-current, 1897-09-10
A SPECIAL SESSION
The Bonds Issued In 81, COZ
Denomination.
NEW BOND ORDINANCE
IICENSED TO SELL LIQUOR AT
THE PARK HOTEL.
THE ANNUAL TAX LEVY IS MADE

Bids viii Be Asked for the $50, 900 in $1,000
Bonds Bearing Five Per Cent Interest,
Payable in October and April Of Each
Year, for Thirty Years.
The Board Of Aldermen met last
evening. There was a full attendance.
The following was the Mayors call:
"A special meeting Of the Board is
called for tonight at $50 O'Clock to
consider the issue of bonds, the pay
.ment of judges of election. ievylng OF
tax, granting saloon license to Park
Hotel and electing weight master.
The following resolution for the tax
levy was introduced and adopted:
= As"Resolved, That the following taxes
be, and the same are hereby levied, for
the current year:
First, ON all real and personal pro-
perty within the corporate limits Of the
city including money on hand and sol
vent credits and upon all other subjects
taxed by the General Assembly, ad
valorem, except incomes, tax for gem
eral purposes of 80 cents ON every hun
dreds dollars valuation Of property, and
a tax for general purposes of $2.70 on
each poll Of all persons who were resi-
dents in the city on the first day of
June, 1897, or within sixty days next
preceding that day, and otherwise sub
ject to poll tax; and special tax of
thirty three and one-third cents on the
hundred dollars valuation Of property
and one dollar ON each taxable poll to
be appropriated and set apart for the
<>f into innl ut
maturity of the bonds of the city as
! provided by law.
"Second. That the license taxes upon
the various occupations and vacations
authorized by the charter of the city of
Raleigh and set out in the ordinances to
be imposed and collected for the COM
ing year"
Chairman Parish, of the Police COM
mittee, presented the following petition,
and recommended that it be acted on
fayorably:
.Your petitioners, James r. Simp-
son and John T. Quarles, desire to con-
duct a saloon for the sale of intoxicating
liquors, wine, beer, etc, in the Park
Hotel, IN the city of Raleigh, and they
ask your honorable board for license to
do so subject to such regulations as
may be required by the city ordinances.
The business is to be conducted under
the firm name of Simpson and Quarles."
The petition was signed by John L.
tluaries and James X. Simpson On
motion the license was unanimously
granted.
HE election of a weigh master was
discussed. Alderman Drewry thought
that this should come up at a regular
melting OF the Board He thought all
candidates should know when the cleo
ton would take place.
Alderman BoushaIl also thought that
1t should be postponed and Alderman
: Correll thought there should be a caucus
: over this election, whereupon Alderman
johnson remarked laughingly that now
he saw where the irregularity came:
there had been no caucus. The Board
decided to postpone the election until a
regular meeting.
Alderman Boushall introduced the fol-
lowing ordinance:
Be it ordained by the Board Of Alder
men of the city of Raleigh, n. c.:
Section i. That in pursuance of au-
thority vested in the city of Raleigh by
an Act of the General Assembly of
North Carolina, ratified the 2Sth day of
February, 1893, being Chapter 100, Pri-
vate Laws Of 1893, entitled: '.An Act
to authorize the City of Raleigh to is
sue bonds for public improvements and
10 levy special tax" and by and with
the consent and approval of a majority
OF the qualified voters of the city of
Raleigh as expressed at an election held
10 ascertain the same ON the 7th day
OF September, 1897, there shall be is
sued bonds of the city of Raleigh to the
a af
vlded IN said act, and for the purnoses
therein expressed, to be denominated
Street and Public Improvement Bonds.''
the said bonds to be issued and sold the
same, or the proceeds of their sale. used
only in the manner and for the purposes
declared in said Act.
Section 2. That in order to provide for
the payment of the interest accruing on
and the principal at maturity of said
bonds there shall annually and until
the maturity of said bonds, or until the
Sinking Fund provided for in said Act
shall be sufficient to insure the prompt
payment Of the principal and accrued
interest at maturity, be levied and col
lected at the time and in the manner
other city taxes are levied and collected,
a particular or special tax on all persons
and subjects of taxation on which the
said Board Of Aldermen now are or may
hereafter be authorized to lay and levy
taxes for any purpose whatever, said
particular tax to be not less than six
nor more than eight cents on the one
hundred dollars assessed valuation on
property, and not less than eighteen
nor more than twenty-four cents on each
taxable poll, which special or particular
tax when collected shall be applied in
the manner provided for in Section 5
of said Act of the General Assembly.
Section g. That the Mayor and City
Clerk, under the supervision Of the
Finance committee, be and they are
hereby authorized and directed to have
prepared fifty autographed Street and
Publis Improvement Bonds Of the de-
nomination Of $1,000 each, numbered