The Portland daily press., 1900-09-13
Matter Deferred to Ex-
ecutive Session.
The Bids For New Bond Issue
Opened.

evening the finance committee held an
important meeting and opened bids for
the 1-2 interest bearing bonds, aggre-
eating SIS, 600, as follows: W. r.. An
thoine, SIS, 824 ;E. I'll. Gay & Co., SIS, 36l;
Mercantile Trust Co, SIS, 467. The bonds
were sold to the lowest bidder, Mercan-
tile Trust Co.
In the city council the order authoriz-
Ing the mayor to draw a warrant on the
city treasurer for 50, 527. b5, was given It's
second reading and passed.
Alderman Small from the committee
appointed to confer with Mr.. fAnthoine
about the purchase of land for the aims
house, asked for extension of time ana it
was granted.
Alderman Seaman introduced an or
der for the extension of the six-inch pipe
OF the Standish Water and Construction
company on Barren Hill, to a point op-
posite to the residence OF George Stan
wood, and the placing OF two hydrants
and one drinking fountain. Pending
It's second reading, Aldermen Seaman
and Pickett were made a committee to
confer with the company.
ALDERMAN TILTONiS ORDER.
Alderman TiIton then introduced the
following: II appearing to this board
that the Portland Cold Storage and
Terminal company is about to acquire
title to the real estate known as the
Portland Wharf and Land company's,
and is about to improve and use the
same for the purposes of cold storage
and as a railway terminal. Therefore,
Resolved, That the city of South Port
land Will for a term OF ten years relieve
from taxes all improvements, additions,
structures and machinery erected or
placed upon said property, provided the
contradictions shall be entered upon with
out unnecessary delay and completed
with due diligence, and provided that
this shall not apply to dwelling houses.
The resolution provoked some discus
sion. Alderman Seaman thought the
city should be careful in such matters
Though he didn't want to throw cold
water on any enterprise. He did not
think it proper to exempt a company
that as yet had no foothold.
Alderman Tilton-If we expect to grow
we should make every inducement for
enterprises of this kind He considered
1t a great privilege and duty to Introduce
the resolution.
Alderman Scamman-Do you know
who are interested?
Alderman Tilton-I don't know or care.
Alderman Small wanted to know what
the plant consisted of, so Gen. c. P.
Mattocks was invited to appear before the
council.
He said that In drawing up the resolve
he desired to make 1t clear and safe FOR
the city. He referred to the progress of
cold storage and explained the system.
1t was the intention to have in connec-
ton with the plant a terminal railway
and cold storage steamships. The pro-
moter was Mr.. Clements, and surely some
day under some man Portland would
have cold storage on a big system. He
said the resolve did not bind the city un-
til something was done by the company
and as to the number of men to be en-
pIoyed he could not then answer. He
thought the order amply protected the
city.
Mayor Reynolds asked: "Is the COM
pany in any tangible state2'
Gen. Mttocks replied it was not stock
jobbing affair at present and nothing
would be done until certain concessions
were granted. No capitalist would 90
into it until satisfactory location was
assured, Land was held too high in Port.
land and more favorable terms were
secured in South Portland.
Being asked how soon the matter would
assume shape, Gen. Mattocks said he
could not say, but to protect the city he
was willing to have time limit put In
the order.
On motion of Alderman Seaman
the resolve was laid on the table pend
ing an executive session.
MISCELLANEOUS MATTERS.
ssssSubject to the usual conditions, Niles
Nelson was authorized to erect a one and
one-hah story house on Smith street,
and A. j. Brown was given permission
to enter sewer on West High street.
The retu rms of the last election were
canyassed with result substantially the
same as published, after which the ooun-
Oil adjourned to Saturday evening, 7.3O
p. IN.
William Richardson has gone to DEVILS
river beyond the Rangeley lakes, for a
weeks outing,
1t has been suggested that the road
commissioner could materially improve
travel along our streets If he caused the
many loose stones to be raked up and
to be got out of the way.
IL. M. Cole is in attendance on the
fair at Gorham.