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City Council.

--A called meeting of the council was held last evening. Present--Messrs. Saunders, Grattan, Denoon, Wynne, Haskins, Eppes, Stokes, Crutchfield, Scott, Griffin, Glazebrook, and Hill.

The President read a report which he had prepared, setting forth the action of the Council authorizing and providing for the issue of $300,000 of small notes, &c., calling attention of the fact that the grand jury of the Circuit Court had presented the city, and also each person engaged in signing them, wherefore he had stopped the issue, and convened the Council in order that action might be taken on the matter. The report recommends the appointment of a committee to prepare a memorial to be presented to the State Convention for the passage of an act legalizing what the city has issued. The notes thus far issued have been applied as follows: $100,000 for equipping the volunteers in the service of the Confederate States, from this city; $15,000 for defences around the city $5000 for the support of the wives and children of the volunteers in service; $7000 to make the cash payment for house purchased of L. D. Crenshaw for the use of President Davis; $7,942.34 for furniture in said house; $3,288.99 for board bill at the Spotswood House, and $50,000 loaned to the Confederate Government; amounting in the aggregate to $181,234.33. There has been issued $278,542.50, viz: $150,000 two dollar notes, $83,801 one dollar notes, and $44,741.50 in fifty cent notes.

The report was received and laid on the table.

Mr. Grattan read a paper setting forth the advantages of the issue of small notes by the Corporation of Richmond. He then submitted the following resolutions, which were adopted:

‘ Resolved, That application on behalf of the Council of the City of Richmond be made to the Convention of Virginia, asking that body to legalize the act of the Council in issuing notes of the city, and to authorize the issue of said notes for such amount and for such a time as the Convention may deem expedient.

’ Resolved, That the further issue of notes by the Council be suspended.

Mr Scott offered the following resolution, which was laid upon the table:

‘ Resolved, That the Auditor be instructed to report to the Council the number and amount of floes collected for the violation of the ordinance prohibiting the opening of barrooms on Sunday and requiring bar-rooms to be closed at 10 o'clock, P. M.

’ On motion of Mr. Wynne, the sum of $15,000 was appropriated for the defences now being erected around the city.

A petition from Crenshaw & Co. was presented, asking that the surplus of the cloth purchased by the Council to make clothing for the volunteers be returned to the firm at cost. The petition was laid on the table, and the Committee on Arms instructed to take charge of the cloth remaining in the hands of the tailors.

On motion, adjourned.

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