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25 <br /> <br />outstanding shares of the capital stock of that company for the sum <br />of $320,000.00; and <br /> It appearing to the Board that the effect of such proposed <br />acquisition or.control bf said Peninsula Transit Cor~ooration would be <br />to give to the Ricb_mond Greyhound Line~, Inc., a complete monopoly of <br />the transportat ion of passengers by motor vehicle between Richmond and <br />th~ territories north and west; and <br /> Whereas, this City is now served by the lines of the Peninsula <br />Transit Corporation in active competition with the Richmond Greyhound <br />Lines, Inc., <br /> THEREFORE BE IT RESOLVED, that this Council, as the r~preGen <br />tatives of the people of Portsmouth, hereby declares-its opposition to <br />the monopoly which would be created by the approval .of the application <br />of the Richmond Greyhound Lines, Inc., to acquire control of the Penin- <br />sula Transit Corpn., <br /> BE IT FURTHER RESOLVED that im the opinion of this Council, such <br />a monopoly would be injurious to the welfare of the people of this 6ity <br />and of all the cities and counties of the Hampton Roads area; and that <br />it is conducive to the public interest that the Peninsula Trsmsit Corpor- <br />ation remain a competitor of the Richmond Greyhound Lines,' Inc., and its <br />allied companies between the Virginia Seaboard and the territory north- <br />ward and westward thereof. <br /> BE IT FURTHER RESOLMED~that .a copy o~ this resolution be trane <br />mitred t~ ~he Inter,ate Commerce Oommission. <br /> <br />Attest: <br /> <br />0hairman. <br /> <br />Seoret ~ry. t~ <br /> <br /> Motion of Mr. Weiseman to lay the resolution on the table, was adopted. <br /> <br /> Privilege of ~he floor was granted Mr. W. Bruce Sharer, who stated that he had <br />'offered ~he United States Gover~ment~ without cost, one hundred acres of~land, near Gilmerton, <br />fbr the erection of a steel plant. <br /> <br /> Motion of Mr. Lawrence to refer same to.the City. Manager, was adopted. <br /> <br /> Order ofbusiness resumed. <br /> <br />As authorized; the Oity Attorney presented the 'following ordinance: <br /> <br /> "AN ORDINANCE DIRECTING THE PAYMENT OF THE CEMETERY FUNDS <br />TOWARD THE RETIREmeNT OF THE INDEBTEDNESS OF THE CITY". <br /> <br />On motion of Mr. Hutchins, same was placed on its first reading. <br /> <br />- UNFINISHED BUSINESS - <br /> <br /> The following communication from the City ~anager, continued on table from <br />last meeting, was taken up and read: <br /> <br /> "Mr. Morris Sackstein applied for permit to remodel an old house at the co~- <br />ncr of Emmett and Green Stsc, making a s~ore below and dwelling above. <br /> I have viewed the premises, and I see no good reason why the permit should <br />not be granted, but there is a letter on file, from Mr.~ H~A. Irving and others, asking that <br />the permit be denied. <br /> I feel, therefore, it is my duty to submit the matter to the 00uo~il." <br /> <br /> The City Manager stated that Mr. Saokstein had asked permission to withdraw <br />his application. <br /> <br /> Motion of Mr. Hutchins that Mr. Sackstein be allowed to withdraw his applica- <br />tion, was adopted. <br /> <br />The following ordinance, laid on table at last meeting, was taken up and read: <br /> <br />"AN ORDINANCE MAKING IT UNLAWFUL TO'ENTERUPON ANY VACANT BUILDINGS <br /> OR TMEIRENCLOSURES, WITHOUT TRE CONSENT OF THE OWNERS." <br /> <br />vote <br /> <br />On motion of Mr. Hutchins, said ordinance was adopted, and by the following <br /> <br />Ayes: Leigh, Fox, Grimes, Howard, Hutchins, Lawrence, Warren, <br /> Weiseman, .Wilson <br />N · <br /> aye. None. <br /> <br />The following ordinance, laid on~ble at last meeting, was taken up and read: <br /> <br />"AN ORDINANCE REQUIRING PERSONS WHO BUY SEOOND-HAND BUILD!NGNAT~RIAL <br />EXCEPT FROM A LICENSED DEALER, TO KEEP A DAILY RECORD THEREOF AND <br /> <br /> <br />