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R~g0LVED, that the 0~ty of Portsmouth borrow from. the
<br />Nerehants and Farmers Ba~k, Portsmouth, ¥irginia, the
<br />sum o~Fifty Thousand Dollars ~$$0~000.00~ in anticipa-
<br />tion9~f'-the collection~ of the reve~ues of the C~t' for.
<br />the calendar year 1950; that the proper officers ~e au
<br />thorized to-m~ke a note or notes maturing aS any time
<br />p~ior to December -31st, i950~ and the revenues of the
<br />0ity for the curT8nt year ~reI pledged to the repayment
<br />of such borrowing.
<br />
<br />~.R~..0LVED~ that ~he City o~ Portsmouth~bo~row.from the
<br />C~tizens Trust Oompany~ Portsmodth, Vzrginia, the sum of
<br />Fifty Thousand D~llars ($50,000m00) in anticipation of the
<br />collection of the revenues of bhe City for the cBlendar year
<br />i980; that~he p~oper offiee~s be authorized to make a note
<br />br notes maturing at any time prio~ to December ~lst, 1~50,
<br />and the revenues Of ths City for ~e cUrrent year are pledged
<br />to the repayment of such bo~rowingo
<br />
<br />RESOLVED,. that the City· of ~ortsmo-uth borrow f~om the Bank
<br />~of~irg~n~_a, Pe~tsmgu.th, Vmrgzu~a, the sum of Fifty Thousand
<br />~o±±a~s ~$S0,Q00~O0~ ~n anticipation o f the collection of
<br />the revenues of the C_ty for the calendar year 1950; and
<br />that the proper officers be authorized to make a'nose or noses
<br />maturing at any time ~
<br /> pr~or to December ~lst, 1950~ a~ud the
<br />revenues of the City ~£o~ t~e current year are pledged to the
<br />repayment of such borr0wingo~
<br />
<br />On motion of 1~. Grimes, said resolution was adopted.
<br />
<br /> Notion of ~r. Howard to suspend the rules and hear from Rev. OoC.Jones
<br />and Rev. C.H. Jordan, who presented the following, w as adopted:
<br />
<br /> ~At a special meeting, called by the Ministers~ Fo~m of Portsmouth
<br />and vicinity, a certain p~ase of't -'
<br /> he proposed new N~gro H~gh School for the use of Ports-
<br />mouth was taken under a dv~sement~ n~ely: the seating c~acity of-the auditorium. The
<br />FORUMwas highly pleased with the wonderful progress already made, and extended ti~0~nks
<br />and much~appreciation fo~ it. However, ther~ was some question in our minds as to the
<br />size of the auditorium~ While it is proposed to have a seating capacity of lO~, w e a~e
<br />of the opinion that the seating capacity of 1500 would be more nearly adequate~
<br /> Our commencement ~udiences a~e now so lamge that much space is needed,
<br />and with a rapidly g~owing city, such as ours, still l a~er space will b e needed as the
<br />years g~ by. The churches have in the past, furnished a p~ace for ~the academi~ exercises
<br />of the.~igh School, and but for that there ~ould have been no place adequate xor the same.
<br /> The ministerial f raternity~ of ~he City feels tP~t the City might be
<br />favorably inclined to ~ive consideration to the idea of increasing the capacity/of the High
<br />School auditorium because there would be ~o place in the Qity adequate for large gather-
<br />ings such as school closings and so on. ~e li~e to bring outstanding organimations of sta~
<br />and ~tional caliber to oUr City, and an adequate auditorium would make this course pos-
<br />
<br />sib!~
<br /> If the Oounci! has other plans
<br />we are not aware of the same.
<br /> Signed
<br />
<br />with which this request weuld conflict
<br />
<br />o~-C; Jones,
<br />~.Lo Scott
<br /> A.S. Hoard
<br /> W.G.~ilson - Committee
<br />
<br /> C.H;J0rdan, President,
<br /> F.~.~.Ward, ~ecretary."
<br />
<br /> Motion of ~r. Howard that the matter be _referred to the school Board
<br />with the reco~endation that they comply with the req~est~ if posMiblo, was adopted.
<br /> Plumomng Inspector of ~orfolk ounty,.
<br /> On motion of Mr. Howard~ ~'. Pea~son/w~s granted the prz~ilege of
<br />the floor. Er. Pearson requested that the 5~amnage dmteh oehmn~ the Hm~hland-Biltmore
<br />project, inside the Oib~ limits, be improvede
<br />
<br />UNFINISHED BUSINESS
<br />
<br /> An appropriation of $5,000e00 to pay salaries and office e~penses of
<br />a central registrar, placed on its fzr~t reading on February 14th, was taken upe
<br />
<br /> · f
<br /> On motzon o_ ~m. Houghton, $5,000.09 was appropriated for said pur-
<br />pose and by ~he following vote:
<br />
<br />~yes Fox, Bilisoly, Duke, Grimes, Henderson~Houghton,
<br /> Howard, Sturte~ant
<br />Nays - YJarren, Weiseman, ~ilson
<br />
<br /> An appropriation of $300.00 to pay rSnt for colored U.S.Oo building,
<br />placed on its first reading at last meeting, w as taken Upe
<br />
<br /> Notion of Mr. Grimes ~o appropriate $~00,00 for said purpose, was
<br />adopted and by the following vote:
<br />
<br />Ayes: Fox, Billsoly, Duke,'Grimes, ltenderson~ Houghton,Sturte-
<br /> rant, ~arren, ~eiseman, ~ilson
<br />Nays: None.
<br />
<br />
<br />
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