The free lance. (Fredericksburg, Va.) 1885-1926, 1908-07-02
CITY COUNCIL
Col. Cole Resigns as President and
Member Of the Body
Mr.. BRADLEY CHOSEN PRESIDENT
Report Of Finance commlttee-it Shows a
Balance Of Over 81. OOo-Ete. Etc.

The City Council met In adjourned
meeting Mon lay night TO receive the re-
port of the Finance Committee FOR the
fiscal year ending July 1. There We're
present President +. ID. Cole. Clerk :. f.
Eastburn and COuncilmen Lane, Rowe.
Goldsmith, Garner. Dannehl. Warden,
Masters, Somerville, Young and Bradley
As soon a. the Council was called TO
order by President Cole. he called Mr.
Young TO the chair and rendered HIS res
ignation ~ pre-id, mt u the Council, u
take effect At once
On motion Of Mr.. Lane. his reslgna-
ton was acc, ptcd.
Col. Cole had heretofore announced his
intention to resign from the Council at
the end of the fiscal year. hclng impelled
Ia take this step for hu .iness reasons.
Mr.. banuehl moved that the Council
40 into AN election OF u successor to
Pres dent Cole. Adopted. Mr.. Dannehl
then placed IN nomination Councilman
W. h. Bradley, and he as elect a to fiji
the uu Npirci term. receiving all the
votes cast. except one for MIR Dannehl.
NJ. ErAtley thanked thu Council for
the honor and entered upon the duties.
Col Cole, chairman OF Finance. an
bounced that in obedience TO instruction
of Council. he had sold at par : H. 900 of
I per cent public school building bonds
audIhad the new bonds Autographed,
and would be ready for delivery Tuesday
morning.
On motion OF Mr.. Dannehl It was re
solved that the : 900 received from
the sale OF the school house bonds be
turned over To the city TREASURER by the
Finance committee, to be kept and known
as the new public school building fund.
Col. Cole presented bill OF Jacobs 4
Armstrong Tor s. 90, which was ordered
paid.
Col. Cole then presented the Finance
Committee report for the year ending
July |. loOS, which embraces the reports
OF K. T. Knox, treasurer, A. f. Rowe.
collector OF city taxes, and auditing com
mittee OF the council, Mir. A. NJ Garner.
chairman. All of which will be printed.
This report shows the total receipts for
the year, SDl .5s7 -, expenditures, $40
SIS 20. leaving "A balance IN hands OF
treasurer OF 1911, 729 -. The report of
Collector Rowe shows his collections
larger than any previous year HE
total collections were SIS.434 IS
Amount Delinquent for years 1883 to
1905 $191.S0. The total indebtedness
of the city is $2Si 100. The interest
account Is Sll SOC. 90. Sinking iund
: STl.On. The report also shows to
the credit Of the public school building
$1,000 OF Virginia century bonds. and
<lGl 80 Ia cash. On motion of Mr.
goldsmith the Finance committees re-
port was ordered received and spread on
minutes oi Council and ON motion OF Mr.
Rowe To- lee published 10y Finance com
mittee at "a cost not To exceed so
s.Col. Cole then asked that his resigna-
ton a. "A member Of The Council To- take
| IF C., July be- received. He expressed
regret at the severance az the cordial r..
iations which had existed between him-
self and tie Council, thanked the mem
beers Tor the uniform courtesy extended
| q him while member Of the body. and
a. chairman % Finance Committee paid
u high compliment to City Treasurer X
t Knox aud City Collector A. +. Rowe
with whom he had come In close contact
in his official work. a. most efficient OF
iicers, and wished each aud every officer
| of the city success
Mr.. Bradley Ia "a few words expressed
his regret NJ the resignation Of Col Col,
aud said that his loss would be kecnlS
felt IN the Council.
On motion Of Mr. Lane the rssignatior
oil Col. Cole was received. Mr.. Young vo
ing no.
On motion Of Mr.. Somervlle the fol
lowing resolution was adopted:
That rs soon as the Finance Commit
tee turns over To the city treasurer $l5
| 600. proceeds Of the sale of school bonds
after deducting $1,000 to be placed t.
the credit OF the Joint Committee OF
Schools and Public Property. the remain
Ing II, 900 shall be placed 10y the treas
urer in the Farmers and Merchants Stat,
Bank, OF fredericksburg. Va, in tn,
savings department uf said bank, bear
Ing 3 per cent interest and to be subject
To check by she city at any time I'm sums
Of not less than 81 .OCO
| I'm uptinn tho l,ur.fl 4, g,,..,a