The times dispatch. [volume] (Richmond, Va.) 1903-1914, 1907-01-08

" any otheF Troubles, and VIII not mention
nently fair one. and merited consideration
as a business matter. The speaker ar
gued for the acceptance OF the CONNER
cial proposition, which he deemed advan-
tageous. He made n financial argument,
warning the Council against further bond
Issues. in view of the dulness OF the bond
market and the numerous demands upon
the municipality for issue OF bonds dur
Ing the year.
Mr.. Cannon arose to enter his protest
against the showing OF the city finances
and credit, and made n splendid defense
thereof. He reminded the Council that
the prospective Issue OF redemption bonds
In July would e%xtinguish certain bonds
bearing a higher rate of interest. and
would save money to the city and in
crease its credit. The issue OF $3.50, 900 OF
bonds for the improvement OF the an
nexed territory and the assumption and
provision OF n portion of the county debt
would be Imperative whenever an issue
OF bonds for any other purpose was au-
thorized. Such an issue OF bonds would
be necessary in July. II not sooner. Mr..
Cannon further showed that the reason
for the delay in the recent sale of bonds
was not that Richmond's credit was not
as good as it ever was, but that there
was a provision in the ordinance which
required that those bonds be sold to the
highest bidder. They would nave been
required to be sold. even had the highest
bid been fifty cents on the dollar. Mr..
Cannon. while favoring the electric plant,
advocated the delay proposed by Mr.. Cary,
In order that members might familiarize
themselves with the project.
Mr.. w. l. White replied to Mr.. Can
mons financial review, and explained the
source Of his figures.
Matter Goes Over.
Mr.. Pollard. replying to a question by
Mr.. Richards as to how the Finance
Committee stood on the proposition,
stated that the committee was practi-
cally unanimous. but that several IA
vored allowing the Passenger and Power
Company to submit its proposition. Mr..
Pollard reviewed the long fight over this
municipal electric light proposition, and
stated that he had in the last Council
opposed the plan. AS soon as the pro-
ject had been defeated, the mpa
had abandoned It's conciliatory attitude.
and persevered in It's 'do-nothing policy"
He had now become thoroughly con-
WINGED that the company would do MOTH
ing except TAT the point of the %bayonet,"
and no for one did not propose to walt
on them any longer,
Mr.. Mills, speaking for the advocates
OF the municipal plant project, announced
that they would vote for the proposition
to table the ordinance until the next
meeting In order to allow 1t to be printed
and the two propositions separated.
Mr.. Cary's motion to lay on the table
until the next meeting and print the
ordinance having been withdrawn, Mr.. !
Huber renewed it.
The question being called and ordered
on the Huber motion, 1t was adopted by
the following recorded vote:
Ayes-Atkinson, Barber. Cannon, Cary,
Davis, Ferguson, CARRIER, Gates, Graz
ham B. Hobson. julius A. Hobson. HUI
Der, Lynch, Mills, Miner. Morton, Nea-
gle. Pollard, Pollock Powers, Richards.
E.. D. Richardson, w. Fred. Richardson,
Spence. Umlouf. We'll. David Meade
Noes-Bllley, Don Leavy, Green, Lea,
Phillips. William L. White, Williams, |
PETERS,.
Thereupon the matter went over until
the next meeting Of the Common Council.
Bond Issue.
After the consideration Of the Marshall
house matter, the ordinance recommend
ed by the Finance Committee, increasing
the salary OF the four city judges to
$500. was read and put on its passage,
DelnS adopted with Dut ono QlSSentlnE |
vote, that Of Mr.. David Meade White.
The ordinance introduced at a special
meeting recently. providing for an issue
of 4S0,WO to provide for the portion OF
Henrico's debt assumed by the city as a
Of annexation. and for the i'm
OF the territory added to the
city, was then put upon Its passage, 1t
being explained hat bond issue would
become imperative In July. II not now,
by reason of the fact that redemption
bonds would have to be ISSUED then.
the city tnx rate would Immediately he
come applicable to the new territory.
The ordinance was passed, only one
vote being recorded. Mr.. Mills
secured the acceptance. OF an amend
providing that the proceeds of the
sale be equitably distributed In the
new territory.
explained the necessity for the
ordinance offered last week, extending he
ward line to the outer boundaries
Of the annexed territory. 1t was passed
a dissenting vote,
New Matters.
The ~roll-car resulted In the introduce
ton of many ordinances, petitions or res
among them helns the following:
BY Mr.. Umlauf: To amend the, ordt-
nance recently approved 10 pTOV1Qe TOT
The early closing OF bar-rooms:
mo person shall be allowed to en-
gage. In the business OF selling by re-
fail, or selling to be drunk where sold.
ardent spirits, beer, cider or other such !
n the city OF Richmond; nor shall any
female be allowed to sell, give away !
Or In any other manner dispense or
serve any ardent spirits. beer. cider or /
such drinks In any hotel. restau-
ant, bar-rooms, store, saloon, or other l
Iuch place or places where such drinks
ire sold or given away" l
BY Mr.. Pollard; An ordinance to fix /
he rate OF taxation within the terri l
nrv annaxad To thu CITY Of RInhnnnnd ! 4