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R. O. Po
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<br />· January 1E, 1915.
<br />
<br />347.
<br />
<br /> A request of the Virginia Railway & Power Co. that the City 0ollector be instructed to
<br />mark off penalties to amount of $43.55 charged against the Norfolk Railway & Light 0o. and Vir-
<br />ginia Railway & Power Co., as tax on rolling stock for 1913.
<br /> A petition of the Board of Quarantine Commissioners to have made av~i~able $~.40. allowed
<br />in the Budget, to meet its expenses for the current year.
<br /> A petition of the Board of Harbor Commissioners to have made available $750.00 as let and
<br />End payments due on assessment of $.1, 500. for the year ending June 30, 1915.
<br /> Order of Court relieving and dzscharging from lien of taxes on real estate of "Jos. P.
<br /> estate, for years 1899, 1900, 1901, 190~, 1903, and 1913.
<br />Moore'~ bill of D. S. Phlegar to amount of $~3.80 for reporting and transcribing the second trial
<br />case of E. B. Jobson vs. the City of Portsmouth.
<br />
<br /> Street Committee--
<br /> . ~ petition of Harry L. Alexander for permission to lay an eight-inch
<br />~err~ ~otta sewer pzpe along Wall street, from Chestnut to Pearl.
<br /> A petition of Portsmouth Police Relief Association for use of the playground at the corner
<br />of Fourth and Wythe streets during the month of May, 1915, to hold a carnival; and also to be
<br />relieved from payment of a license tax on same.
<br />
<br />tion
<br />
<br />Fire Committee--
<br /> A petition of
<br />to its property on Eiret street.
<br />
<br />The Seaboard Wharf and Warehouse Company for fire protec-
<br />
<br /> The following resolution with regard to depositing funds of the City eqmally, or as near
<br />equally as practicable, between the four banks of the City, was prewented by M~; Burgess:
<br />
<br /> "RESOLVED, That the City Collector be, and is hereby, instructed, when depositing lunds
<br />of the City, to divide the deposits of said funds_equally or as near equally as practicable, be-
<br />tween the four Banks of the City.
<br /> ~REBOLVED FURTHER, That the City Treasurer be, and is.hereby, instructed to so equalize
<br />the City's funds now on deposit in the four Banks of the Cmty under the Several accounts as to
<br />have the same amount or as near the same amount as practicable in each Bank and keep said ac-
<br />counts so equalized so long as the City's notes carried locally are divided eq~Alty or approxi-
<br />mately so between the said four Banks of the City. In the event, however, that for any reason
<br />one or more of the City Banks should decline to discount or carry its equal proportion of the
<br />City's notes, then the City's deposits in such Bank or Banks shall be reduced to the same ratio
<br />and deposited in the other Bank or Banks in such manner as will keep the ratio of deposits in
<br />each Bank and the amount of notes carried by each Bank approximately the same.
<br /> "RESOLVED FURTHER~ That in order that the amount on deposit shall.remain.the same or ap-
<br />proximately the same in each of the City Banks, the City TreasUrer e~hall, ~hen ~aying weekly
<br />o~ monthly pay roll or rolls or any bill or bills amounting to or ag~=egatmng F~ve Hundred
<br />($~00.00) Dollars or more, divide ~uch payment or paymentsequally between the four Banks of
<br />the City, drawing three (3) checks or warrants of one fourth each of the amount or amounts to
<br />be pai~ on the three Banks not participating in the payment of such pay roll or rolls, bill
<br />or bills,, and deposit same in the Bank on which warrant.~or warrants are dragon to meet said pay
<br />roll or rolls or to pay sai~ bill or bills.
<br /> "RESOLVED FURTH-ER, That should there be a d~Tf~rence of Five Hundred ($500.00)~ Dollars or
<br />more between the balance in any two of the City Banks under the same account, then the City
<br />Treasurer shall draw a check or warrant on the Bank carrying the larger balance for one half
<br />of the amount of difference and deposit said check or warrant in the Bank carrying the smaller
<br />balance, thus equalizing the balances.
<br /> "RESOLVED FURTHER, That the four City Banks be and are hereby requested to furnish to the
<br />Finance Committee through its Chairman, a monthly statement as of the last banking day of each
<br />month, showing in detail the City's balances under the several accounts and the total amount
<br />of the City's notes held on said date.
<br /> "RESOLVED FURT_W~, Tha~ a copy of these resolutions be sent to each of the four Banks of
<br />the City, with ~he ~equest that the Chairman of the Finance Committee be advised if the fore-
<br />going resolutions are not complied with.
<br /> "RESOLVED FURTHER, That any resolution now in effect in conflict with the foregoing is here-
<br />by revoked.~~
<br /> (Par. 3. RESOLVED FURTHER, That when any weekly or monthly pay roll shall amount to or ex-
<br />ceed Five Hundred ~$~00.00) Dollars, or when paying any bill or bills amounting to or aggregat-
<br />ing Five Hundred ($500.00) Dollars or more, the Txeasurer shall draw warrant or warrants on one
<br />Bank each month, alternating between the four Banks of the City re~alarly." '
<br />
<br />On motion of Nr. Joe. ~. Moore, the resolution was referred to Finance Committee.
<br />
<br />On motion,
<br />
<br />adjourned.
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