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].7; <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 />