BOROUGH COUNCIL.

Manawatu Standard, Volume IV, Issue 19, 20 December 1883, Page 3

BOROUGH COUNCIL.

«» -'■ Annual Meeting. l Yesterda*. Present— The retiring Mayor (TV Jenssen; Esq.,) m the chair,, and Crs McNeil, Linton, Ferguson, Mowlem, Leary, Snelson, and We3t. The official tibtiGcation of the return of Cr Stfelfebnas mayor was read. Iq, reply. to M* J. E- Katlian's request^ takb ' pver certain, streets, he having V complied with -the necessary formalities, it was decided' to act upon tho request ..at a Subsequent special meeting. '■ '" ' LL .","''■■ A Utter from the Wanganui Bptttugli Council was read; ; stating \6nat the monthly share of liability .for J mainten : ance Had been' induced. L Tended to be called for supply of dog collars, and also Jor collection of dog tax. •■■ It was decided to.clos^ ; the,race coui-se reserve to. the public ,fvom y .tbls day. (Thur^ajy)' t till nex.tr Wednesday, ■ ihr clUBU*&^ ', < . .. V .;.;:,•. ...;.: . »j; = There was considerable discuss'on oh financial matters. T^he. .Mayor ;dre*< attention to ti?e "fwt raatyat the .beginning of the iy;ear wmel dE^pO^w-Quld^jbe required for interest due on loan debentures, and it would l>e necessary to make provision for ..".it* jp ■time. ,A"The Sinking Fund Commissioners held debentureSj equivalent tp JB3.oo, : and .it; was suggested to hanci. over that sccur ity temporarily,, tp-the-. Bank by. -way of prov-uiipft-for; lnterest anil wijth.theiiresv doe to. ojitain, Wfty«f iind! means . >feripj:e^\ ! sent "i'Md^.^jj'J^e, balance. :.; avilabtet shonld enable the Council, jto-. carry *«n» till the end of March* > Iw tlißveveilt o f the .proposed Boroughj Loan bcingj floated, this, would be Jan addition:-, charge against it, which could be liquidated m due course. And if other- 1 wise, the advance, 3iaveL to be made up out of next yearVrates. The, '* Sinkihg «vßind^ Commissidners would requires tb ifcfef indemnified m some "^ay or other for^thus dealing with the de : bentuivs. ux> m-- ' _ .- Cr liintdn-flu^gested reduced expi^ni- ( diture m working expenses,' such "for instance* i»s dispetising with the Etiftih'eer, and one of the day men. He was' desirous of avoiding the alternative of Councillors haying to become personally liablff-fbr batok advances fbi- curreut ex-^ penditure, which to himHvas Very'ob-" jecfionaWe. . Cr McNeil endorsed; the7previous speaker's remarks, and though the engineersap4.two men could b§fdispensfed ( 'wU-^l^piiss t^. summer. , -»■ J '■■ TiC.aiw?ver to -Cr .Leary theMayor explained ithsA the outside working- ;ex- • penses Hd . been > increased since the^ estimates for the -year Were framed. - : Af^sprae further debafe 'it was r& solved v tftJiand;Over theidobentures iri the h^dsof the Sinking Fund Conimia- ■ sioner^;tor,^ic ii ßfink. as'.isebiintjr. for thei required advance; andiur*_her Jhat the securities held by the Cemmis«o*ners be handed backtPithe 'Council, .aneVib bo intimated to them that their appeint-monts^-ge]ten»infiit«d. ■■. yhs« ■£■