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Local matters.

Called Meeting of the City Council.--The members of this body were summoned to the City Hall at 4 o'clock, yesterday afternoon, to consider the report of the Finance Committee, submitted at a previous meeting, accompanied by an ordinance imposing taxes for the next fiscal year. There were present the following members: Messrs. Saunders, Burr, Grattan. Hill, Glazebrook, Scott, Crutchfield, Greanor, Denoon, Haskins, Griffin, Howison and Richardson.

The Council having been called to order by the President, reports were in order, when Mr. Burr, from the Committee on Public Grounds, presented a report concerning sundry applications for space in the new building located at the corner of Bank and 10th streets. It asseverates that the building was erected to provide for the wants of the city present and prospective, in regard to office room and to prevent the necessity hereafter of the payment of rent for the same. The report recommends that no permanent disposition be made of any part of said building which in any way may conflict with the rights of the city to resume possession of the same. The committee, however, recommend that the third story be rented to the Virginia Historical Society and Richmond Library Association, at the annual rent of $250, payable semi-annually, provided that the said agreement may be terminated at any time on six months notice being given.

Mr. Burr said, in regard to the petition of the Young Guard for that story, that it was not suitable as a drill room. The recommendation to rent the third story, as heretofore, to the Library Association, was adopted.

Mr. Burr, from the same committee, presented a petition from the commissioned officers of the 179th Regiment of Virginia Militia, asking an appropriation wherewith for a room as headquarters. In doing so, he offered the following resolution:

‘ Resolved, That the sum of 200 be, and is hereby appropriated in aid of the 179th Regiment Virginia Militia for the present year, towards procuring suitable headquarters for said Regiment, payable as their rent for the same when falling due.

Messrs. Haskins, Scott, Saunders, Crutchfield and others, supported the resolution. and Mr. Burr moving a suspension of the rules, the motion was adopted, and the resolution was unanimously adopted.

On motion,

Resolved, That the Committee on Public Grounds and Buildings be authorized to grant the use of the room over the engine house on Brook Avenue to Company I, Capt. Robert F. Morriss, on such terms as they may deem expedient.

The ordinance authorizing the erection in certain cases of awning posts and awnings on and over the sidewalks, and prescribing their construction, &c., was taken up and considered. Before coming to a vote, the ordinance was laid on the table, on motion of Mr. Hill.

An ordinance providing for the effectual protection of persons performing work upon the public streets, lanes and alleys of the city, was taken up and considered, and the rules being suspended, on motion of Mr. Hill the ordinance was put on its passage and carried affirmatively.

A petition was presented from Mr. W. C. Allen, asking the re-payment of certain fines improperly assessed against him. Referred to Finance Committee.

Mr. Grattan, from the Finance Committee, reported an ordinance concerning the collection of city taxes. The ordinance, as reported amongst other changes, allows 5 instead of 10 per cent for speedy settlement.

Mr. Howison opposed the proposed reduction. Messrs. Hill, Glazebrook and Denoon supported the amendment. After considerable discussion, on motion of Mr. Glazebrook, the ordinance was laid on the table.

The ordinance imposing taxes for the support of the city government was then taken up.

The first clause was debated variously by nearly all of the members pro or con. It reads as follows:

‘ "On real estate not exempt from taxation one dollar and ten cents on every hundred dollars' value thereof and herein shall be included all real estate not exempt from taxation of all incorporated joint stock companies, savings institutions and insurance companies."

Mr. Hill moved to strike out the words "and ten cents," which motion prevailed.

Mr. Glazebrook then moved to strike out "one dollar" and insert "ninety cents. " The vote was recorded as follows:

Ayes--Messrs. Denoon, Glazebrook, Greaner, Griffin, Richardson and Saunders --6.

Nays--Messrs. Burr, Crutchfield, Grattan, Haskins, Hill, Howison, Scott --7.

Mr. Glazebrook then moved to strike out $1 and insert 90 cents in the first part of the second section, which reads as follows:

‘ "On all personal property, except slaves one dollar on every hundred dollars' value thereof; on all moneys and credits required by said ordinance to be listed, sixty cents on every hundred dollars' value thereof: and herein shall be included all the capital vested or employed in any trade or business which is not specifically taxed, and all the personal property and moneys of incorporated joint stock companies, except the moneys and personal property that constitute part of the capital of the banks, and except the moneys and personal property of savings institutions and insurance companies which have declared dividends within one year preceding the 1st day of February."

Mr. Saunders moved the following substitute for Mr. Glazebrook's amendment to said section, to be inserted in the first part of the second section, from its commencement to the words " value thereof," where they first occur:

‘ "On all personal property, money and credits not employed in mercantile and manufacturing business, except slaves, one dollar on every hundred dollars' value thereof."

’ The yeas and nays being called, resulted as follows:

‘ Yeas--Messrs. Crutchfield, Denoon, Greanor, Griffin, Hill, Howison, Richardson and Saunders--8.

Nays--Messrs. Burr, Glazebrook, Grattan, Haskins and Scott--5.

’ The third section was then taken up. It reads as follows:

‘ "On every free person over twenty-one years of age, three dollars; on every slave over twelve years of age, owned or hired by any company, institution or person whatever, five dollars. "

Mr. Grattan moved to strike out $5, and insert $4 for slaves Mr. Saunders moved as a substitute to reduce the amount to $3. The substitute was adopted.

The 4th section was passed over without debate.

In the 5th section the word five per centum was inserted in place of eight, making the first named the sum to be paid by savings banks and insurance companies on dividends within the year preceding the 1st of February.

At a late hour the Council were considering the 6th section, treating of taxes on Bank stock dividends. Any material changes will be noted hereafter.

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