The commercial. (Union City, Tenn.) 190?-193?, 1902-04-04

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onded by Mr.. Tatom.
Mr.. Greer took it that the com
mittee had exhausted every means
to formulate plan of settlemen
satisfactory to all parties and sounc
in its legal aspects; that he hao
confidence in the committees worl
and was in favor of the adoption O:
the instrument.
The Mayor said he had given the
question his serious consideration
and thought the ordinance as neal
complete as could be made; that he
had some objections to this method
of procedure, but the advantages
to be obtained thereby were much
more important and desirable.
Mr.. Caldwell said he had met the
creditors and all accepted the agree
ment willingly and cheerfully, and
he heartily Endorsed the adoption
of the ordinance. He thought that
the members of the Board would in
nowise become individually liable
for any amount of these obligations.
Mr.. Tatom had given the matter
due consideration and was of the
same opinion he had always been,
He said he thought the settlement
was right.
Mr.. Polk wanted to- correct an
error that had put him in the posi-
ton of changing upon the subject.
He stated that he knew no sides,
and had always held to the grounds
Of settlement upon which he an
nounced at the outset, leading up
to the present agreement.
Mr., White favored the ordinance
and expressed the opinion that 1t
would stand all legal requirements.
Mr. Semones thought the extern
sion very liberal, and that they
should go ahead at once and say
they are going to pay the debts.
Upon a call for the question the
was passed with full
vote in its favor.
Following the close of the school
question Mr.. Caldwell offered a |
resolution as follows:
Mr.. Mayor: l move you appoint a
committee of two from this body,
to ask the Superintendent of this
water and light plant to furnish us
an item1zed statement of every IN
come and every source of revenue
from the water and lights. That
this shall be done alpha betically in
names and each subscriber name
and street shall show the amount
lie is to pay for water and lights
md this report show the amount
1ue the city to Jan. l, 1902, or at
he beginning of the present ad-
Resolved further, That you give
his committee power to employ an
accountant to help do this work so
We may not interfere with the regu-
ar work of the superintendent of
he waterworks.
Resolved further, That this
committee shall proceed at once on
his work and make full report of
very business house and residence
which is prepared for lights or
water, whethet.the same brings any
evenue into the city at this time
II not. Z
Resolved further, Every plug
nd public hydtant and number of
'ubl1c lights used on the streets or
Il the buildings used for the city or
OF the benefit OF city officers be
Rrnished in this report.
Mr.. Caldwell explained the pur-
rose OF the resolution by stating
hat the city Indebtedness had re- ]
emily been largely increased and
hat steps should be taken to pro-
lde means for IFS settlement In T
DING this he said that the water
nd light plant should be made a 5
evenue producer, and while he S
cant no reflection upon the COM :
ittee nor the superintendent, who f
ld all the work they could proba-
y attend to, he thought that this
to be appointed should 4