The Owosso times. (Owosso, Mich.) 1897-1926, 1899-02-24

them by this council for the reason that we are
unable 10 realize premium of sufficient amount
To be satisfactory TO the committee, and because
we believe the money from them Is to be used
bonds can be used Instead of cash and In this
way be held until a good premium can be real
needed for the business at hand, there need be
issued but the amount To be paid out, thus saving
the city considerable amount I'm interest and
ossloy asger amount h "a principal and that
securing other Industries for the city.
Pursuant to the expressed wishes of the citi-
1ens ana taxpayers te r committee recommends
| (8i3000) be drawn In favor of Lyman Il. Wood
ard and placed In the hands of special commit
tee consisting OF Mayor Thomas Kerwip, Alder
men j I. Walsh and L. M. Wiley, and A. ID.
Whipple and G. ID. Stewart; said order to be In
consideration of erection and operation of fur
niture factory In accordance with the plans here
with submitted.
| Said order to be delivered to Lyman 4. Wood.
ard upon the furnishing of "A bond In the sum of
III cen thousand dollars (sl5, 0O0O0) guaranteeing
| 10 erect the buildings as shown In the plans,
| equip the same with machinery and operate the
same as furniture factory before September /,
| 1892 and TO continue to operate the same during
| the life OF the bond. Said bond TO be approved
! by this council and TO be for term Of fifteen
years, or until such time as the taxes on the fac
tory paid into the city treasury shall equal the
| amount of the order above mentioned
Resolved, BY the common council of the city of
| Owosso, That an order for thirteen thousand
dollars (Si3,OOO) be drawn In favor of Lyman e.
Woodarq. and turned over to special commit
tee consisting of Thomas Kerwin, j. II. Walsh, |.
IL. Keller. A. ID. Whippe. L. M. Wiley, and CD.
Stewart, and To be delivered by this committee
to Lyman E. Woodland upon the furnishing of a
bond and agreement rs specified In the report
submitted by the majority of the Ways and
Means committee accompanying this resolution
Said order TO be paid out of the general improve.
ment fund In the form of thirteen one thousand
dollar bonds dated March o, 1899. drawing inter-
est at the rate OF four per cent per annum and
becoming due and payable in fifteen years.
Geo. M. Dewey Jr., j. L Walsh.
Aid. Dewey moved that the vote be reconsid-
cred, and the reports and resolution be laid on
the table; motion prevailed; ayes, Wiley, Dewey,
Shaw, Jordan, Palmer, Watson aud walsh;
nays Gould and Copas-2.
The committee on claims and accounts report
cd fayOrably on accounts as above presented.
Unanimous consent being given the same were
allowed and the clerk was directed to draw or
ders Tor the same; ayes v, nays o.
The account of the OwOsso & Corunna Electric
Co. for $697 80 for money paid out for recOnstruc-
ting its railway tracks to conform to paving spe-
cifications. and which expense for demonstrating
its tracks, the company claims, was included in
Its paving assessment, was presented
Aid. Walsh moved the account be allowed as
presented; motion did not prevail; ayes. Wiley,
Gould, COpas and Walsh-3.
Aid. Shaw moved the account of the OwOssO &
Corunna Electric Co: be laid on the table for one
week; motion prevailed.
Aid. Dewey from the committee to whom was
referred the tax matter Of Henry schmidt sub
mitted he following report.
To the Honorable Mayor and Common Council
of the City of OwOssO.
Gentlemen-Your committee to whom was re-
ferred the matter of the claim of Henry Schmidt
for rebate on taxes paid for the year 1898. the
grounds that the property assessed had been
formerly assessed at Sl75 for years, but that now
the valuation was placed at $780, would report as
follows:
That we find from conversation with the SUI
perviSOr, Charles A. Baldwin, that II was not his
intention to assess the property at more than
Sl75. We also find from the tax roll which was
reviewed and certified 10 and Is now on file with
the city clerk, that the land Is assessed at 1875,
that the roll (as far as this description is con-
cerned) which is now in the treaSurerS hands
for collection, Is exact copy of the roll passed
on by the board of review. The only evidence
we have that the assessment was an error Is
from the supervisor Mr.. Baldwin. 1t Is the
opinion of your committee that the valuation In
this instance Is as much II not more than the
land is actually worth, and that the valuation of
Sl75 would be more in proportion to the assessed
valuation of other property In the city.
We most respectfully refer the matter back to
the common council for adjustment.
Aid. Gould moved that the report be laid on
the table indefinitely and the tax receipts pre-
scented in evidence be returned to MT. Schmidt;
motion prevailed; ayes 9 nays o.
Aid Dewey offered the following resolution and
moved its adoption, which motion prevailed;
ayes 8, nays 0.
Resolved by the common council of the city of
OwosSo, That It be and Is hereby ordered that no
OwOsso unless ordered by resolution of the
council.
Aid. Copas offered the following resolution and
moved It's adoption, which motion did not pre-
vail ayes, Gould am Copas-2; nays, Wiley,
Dewey. Shaw, Jordan, Palmer, Watson and
Walsh-7.
Resolved by the common council of the city of
OwOsso that the ways and means committee are
hereby discharged from further consideration of
the subject matter referred to them by resOu-
lion passed by this council Nov. %. 1898, so far
as such res OlutiOn refers to the looking up and
selecting of a market site to be purchased by the
city of OwossO.
Aid. Shaw offered the following resolution and
moved it's adoption; motion prevailed; ayes, WI
ley, Dewey, COpas, Shaw, Jordan, Palmer, Wat
son and Walsh-5; nay, Could.
Resolved that the committee on fire DEPART
ment receive prices on street sweepers for pave
ment and report To this council
Council adjourned for one week.
JOHN l.. ASH, City Clerk.