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<br />
<br />July 13, · t926
<br />
<br />City of Portsmouth,
<br />General J. p. Jervey,
<br />Portsmouth, Virginia.
<br />
<br />City w~ager,
<br />
<br />"Portsmouth, Va., Juiy ~md, 1926.
<br />
<br />~ydea~ Sir:--
<br />
<br /> Norfolk County h~s received p~yment from the State of the money advanced under
<br />the Robertson Act for the building of Route ~, less the imterest on the ameumt for the balance
<br />of the four ye~ars fromJune 30th, 1926, as per statement below. This effects a saving of 1
<br />.lm~erest on the ~u~t, which we are mow carrying at ~ in B~nk, except, of course, that the
<br />· nmerest is now paid in advamce.
<br />
<br /> On Ju~e 2~th, 19~6, Nr. Gw~thmey, Oounty Olerk, w~ote you of our Contemplated
<br />action, and the oalc-mlat~oms then made were l~om July 10th, l~$, for the balsmce of the period,
<br />whereas, the State has settled as o~ july ist, 1926, effecting a ~ar~her saving of I 3/~for
<br />the ten days.
<br />
<br /> Inasmuch as Norfolk Co~ty has closed u~ with the State amd is o~rrying the
<br />balance in Bank and ~ying 6~ t~ereon, we will ask that you will add 6% to this bill from
<br />June 30th, 1926, and will pay 1/3 of the expense of Thirty Dollars ($30~00), (Norfolk County
<br />amd Norfolk City being billed each for one-third), incurred in clestng the m~tter up with the
<br />State.
<br />
<br /> As we would like
<br />to let us have check for
<br />
<br />.$ ooo.qo
<br />
<br />$3 o,ooo.o0
<br />
<br /> to close ~his m~tter off our hooks entirely, we will ask you
<br />the amount due at your earliest convenience,
<br />
<br /> Interest Deducted by State Portsmouth's portion
<br /> $1,076.66 $
<br />
<br />25, 60S. 56
<br />
<br />Previously billed you thromgh your Nm. Brinson
<br />for interest on the debt to July 1st, 1926,
<br />One-third expense,
<br />
<br /> 17.o72.
<br />To ~1
<br />
<br />$I?,~90.1~
<br />
<br />7, 5 0.00
<br /> lo. O0
<br />
<br /> Gr~ud total---
<br />
<br />With interest at 6% from Juae 30,
<br />
<br /> Very truly yours,
<br />
<br /> $25,360.1~
<br />1926, till paid.
<br />
<br /> C. J. Duke, County Treasurer.~
<br />
<br /> An Order of Court was received exonerating William H. M~rtl~, Executor of Lizzie A. Dyson,
<br />from t~e payment of $2~.33 City Taxes erroneously charged for the Year I92~ and $1.20 penalty;
<br />a~d that he Be ~ired ~o pay to the 0ity 0ollector $~.39, $-37 penalty, ~ interest on
<br />~7-3~ from J~e 15, ~m5.
<br /> On ~tion, the Order of Coot was referred to Fin~ce 0omm!~tee.
<br />
<br /> ~. Stew~t (J.R.) presented the followi~ ordnance:
<br /> An 0rd~ce Gr~ti~ Oily E~loyees
<br />of the City of Portsmouth Oertai~ ~aves of Absence With Pay each ~ear.
<br />
<br /> On ~tion of ~. Brooks, the or~n~ce was pissed on f~st reading.
<br />
<br /> (~sert the fol~owi~ on p~e 175 where ~rked):
<br />~ With refere~e ~o the street rai~ay fr~chise ~d motor bus ore--ce, which ha~ be~
<br />p~ced on first re~ing J~e ~2~, the Oity ~n~er presented the followi~ resolutions from
<br />the Por~outh Oh~ber of Oo~erce ~d ~ list of ~en~nts that the Va. Electric & Power Go.
<br />asked to be ~e to the two ord~nces:
<br />
<br /> "W~E~$, the Portsmouth 0hamber of Oommercehasb~dunder consideration and stmdyfor
<br />the pa:st two years the matter of a unified transportation system in this City,
<br />
<br /> ~]EREAS, we believe that no city can develop as it should without a sound transportation
<br />system,
<br />
<br /> WNERE~S, we believe that the oom.i~g to Portsmouth of the Stone and Webster interests,
<br />through the acquisition of the properties of the old Virginia Railway and Power Company, promises
<br />more for the City than any other development in its life~
<br />
<br /> ~AS, the plans of this company provide for an additional investment in Portsmouth of
<br />over a ha~lf ~ million dollars,
<br />
<br /> W~EAS, we believe ~hat the coming of the Stone a~d Webster interests to Portsmouth ma~ks
<br />an end to the misunderstanding that has long existed between the public and the old company,
<br />
<br /> W~EA~, there is now before ~he City Oou~cil s~ordinauce to u~ifythe local transporta-
<br />tion problem of the Olty by oo-ordiz~ting bus amd trolley service in a manner which we believe
<br />Will be to the best interests of the community by providimg a sound tr~usportation system and
<br />allowi~ a fair re~urn to the company for its investment,
<br />
<br /> ~HEREAS, we believe that it will ever redound to the ~lorvand ere~ ~ ~ ~ .... ~
<br />
<br />
<br />
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