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The Cincinnati Daily Star
Cincinnati, Hamilton County, Ohio
What is this article about?
Cincinnati Board of Aldermen met in regular session, handling declination on school bond interests, referral of resolution to halt Clifton Inclined Plane Railroad extension, and adoption of compromise accepting $100,000 preferred stock from Covington & Lexington Railroad before May 6.
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The Board met in regular session. The Chair presented the declination of the Board of Education to pay interests on principal of school bonds issued previously to May 1, 1873. Received and filed.
A resolution instructing the City Solicitor to take legal proceedings to stop the further extension of the Clifton Inclined Plane Railroad, was referred to the proper committee in connection with the City Solicitor.
Mr. Biddle presented a resolution authorizing the City Auditor to accept $100,000 preferred stock of the Covington & Lexington Railroad, as a compromise settlement of the claim of the city of Cincinnati against that road, the compromise to be accepted before the 6th of May. Adopted and adjourned.
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Domestic News Details
Primary Location
Cincinnati
Key Persons
Outcome
declination received and filed; resolution on railroad extension referred to committee; compromise resolution adopted.
Event Details
The Board met in regular session. The Chair presented the declination of the Board of Education to pay interests on principal of school bonds issued previously to May 1, 1873. A resolution instructing the City Solicitor to take legal proceedings to stop the further extension of the Clifton Inclined Plane Railroad was referred to the proper committee. Mr. Biddle presented a resolution authorizing the City Auditor to accept $100,000 preferred stock of the Covington & Lexington Railroad as a compromise settlement of the city's claim, to be accepted before the 6th of May.