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Dublin City Council Minutes Volume 38 Item 127

TRANSCRIPTION

Review

Copy Queries and Opinion of John B. Murphy, E89., G.C, on
72
Oase on behatf of the Municipal Corporation of the City
of Dublin (Committee No. 2, Cattle Market), relating to
establishment of a Sinting Fund.
OUERIES
orpod
8
oor.
18t.. Do the terms of the Mort.
Lam of opinion that the terms,
Bid-If not obliged to form ta
sages for £17, 000 relieve the
of the Mortgage Deeds do note
see my reply to the previous
Sinking I
Fund for repayment,
Yeries.
Corporation from at presentte relieve the Corporation from at
iginal Bondholders of
forming a Sinking Fund
The Sinking Fund at present,
esent forming a Sinking Fund of
theirrepayment, having ref
eages for £17, 000, are the raisable is to be calculated with
Ftheirrepayment.
Corporation obliged to form a
to the fact that their principas
reference to the total sums already
seemy reply to the next query t
Sinking Fund for subsequent,
amount cannot be called in un
borrowed,
lenders o
dil the end of fifty years, from
the Corporation are not bound,
the 18t day of January, 18641
to raise a Pund in advance for the
repayment of future loans,
and -Is it compulsory upon the
I am of opinion that the 84th
AthIf a Sinking Pund is to be,
I amn of opinion, as already
Corporation to provide a Sink. section f of the Commissioners,
now provided, is it to be in
ing Fund t.
stated, that the annual sum to be
Clauses Act of 1847 Cwkich Bs in
amount annually onetwentieth
at present provided for a Sinking
corporated with the Dublin lm.,
of the sum borroved, or onPund is to be the one twentieth of
provement Act) is compulsory one
twentieth of the entire l
io £21, 550t already borrowed.
the Corporation to provide and
provement Fund
The Ilbth section of the Dublin
set apart every Year OUTOF THE M-
ovement Act, so far as if
PROV EMENT RATFa sum equivaient
to an application of one twent
to onetwentieth part of the sume,
dictk of the Improvement Fund, in
borrowed as a Sinking Fund, to be,
manner there mentioned, appears,
invested, accumulated, and applied
to me to have been worded as it
as therein provided, for the pay
stands through some oversight or
ment of the principal money bor-
inadvertence; but however that
Fowed. this enactment, which apte
may be, it does not, in my opinion,
pears to have been intended to
affect the provision to which t
throw the burden of the repayment,
have adverted of the Commissioners
of the principal on the present,
Clauses Act.
Ratepayers as well as on their suce
cessors in a prescribed ratio, as
JORN B. MORRHE,
between themselves, cannot, in aay
6 Mountjoy-square
opinion, be affected by any arrange
ment between the Corporation and
February 121h, 1877.
the Mortgagees.
bd f he e fo to a ol
MARKET INCCME ACCOUNT.
THE DUBLIN CATTLE,

PATMENTS,
2 a 2 2 a. d
RECEIPTS,
2 a.d.
2a. d
Account Rents and Rates
Balance to Credit on Sist August, 1876, Vil
197 10 0
121 0 .
Cash in Bante,
24 13 9
3373 0 1
27 6 0
Due by Capital Account.
depain Paintind aa.
3494 1 1
196 5 6
Scavengin,
Cash lodged by the Superintendent of the
314 11
242. 0
Miscellane,
Cattle Market, from 3Ist August to 3ist
Interest on Cattle Markst Bonds, 8
1007 18 31
December, 1876
174 15 9
Outstanding Cheques on 3Ist Decemblr
cashlodged on foot of the deficiency of the
762
645 15 8
late City Treasurer on this Account
C. Cummius, re late Treasurer's def.
Cash lodged - Account Rents, to Eist
ciency on Cattle Market Account .
20 17 0
December, 187C
City Treasurer, ditto
614 8 8
City Accountant, ditto
Wm. Curtis & Sons, Sundries
81 72
Particulars of Balance
248 4 17
Cash in Bank,
,,£1, 047 4
Due by Capital 3,373 0 11
£4, 420 5 6
4420 5 6.
Balance to Credit on Sist December, 1876.
£5168 9. 7
5188 9 7
THONAS ODONNELL,
City Accountant
March 1612, 1877,
ACCOUNT.
CAPITAL
£ a.d
Ls. d
Amount received on Bonds.h
Total Expenditure as charged against Capital ap to
... 24, 550 0 1
Mortgages, &ch
27, 823 0 11
Bist December, 1876
3373 0 11
Amount received from Income Account.
£27, 823 014
£222, 828 0.11
Phtte Oforedd
March 1614, 1877,
City accountant

EASH
information of the Committee Number Tiso, by John J. Lalor, Secretary,
In connesion wilk the Catlle Market of Prussid streed, submitted for the
2s. d.
1877
28. 2.
£ 8. 8
1877
Jan. I) By Balance in Bank, per Statement of
(Jan. I) To half year's Interest, Vil
1047 4 7
T. O'Donnell, City Accountant.
510 0 .
£17,000 at 6 per cent.
13 15 0f
£550.5
7815
23, 500, 1
602 10 0
To proportion of Interest on £3500 at
6 per cent. (2ard September to Sist
50 10. 2
December, 1871
To Balance, Messrs, Meade & Sons,
18816 11
Contract for Cattle & Sheep Pens.
8 6 8
To Superintendent's Salary
To proportion of Rents due to Bist
18818
December, 1876
1017 4
61610
To Balance to current year the
51810
By Balance -Current Account
1047 4 17

Language(s) of Transcription

English

STORY INFORMATION

Title

Dublin City Council Minutes Volume 38

Creator

Dublin City Council

Contributor

Dublin City Council

Dublin City Library and Archive

Publisher

Dublin City Library and Archive

Type

Text

Rights

Dublin City Council

Language

eng

English

Identifier

#3j33gt298

LandingPage

https://www.europeana.eu/item/719/_3j33gt298

Country

Ireland

DataProvider

Dublin City Library and Archive

Provider

http://data.europeana.eu/organization/1482250000000364879

Rights

http://creativecommons.org/licenses/by-sa/4.0/

DatasetName

719__Dublin_City_Library_and_Archive

Begin

27 March 1877

1801-01-01

End

7 December 1877

1900-12-31

IsShownAt

https://doi.org/10.7486/DRI.3j33gt298

Language

Created

2022-03-15T14:26:59.285Z

2022-03-15T14:27:00.824822Z

2022-03-15T14:27:00.826115Z

file:///home/vcap/app/#27_March_1877_-_7_December_1877

Story Description

This volume covers the period from 27 March 1877 to 7 December 1877.

Dublin City Council Minutes Volume 38 Item 127

TRANSCRIPTION

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Dublin City Council Minutes Volume 38 Item 127

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Dublin City Council Minutes Volume 38 Item 127

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