Council prepared to offer $360,000 for street railway – June 29, 1893

Aldermen McCraney and Anderson attempted to raise the sum to $380,000, but this amendment was overturned.

This transcript was made in 2019 by Transcribimus volunteer Anonymous

original handwritten minutes here
City of Vancouver Archives
COV S 31 Volume 5 page 469 only

[volume 5 page 469]
Vancouver June 29th 1893

A special meeting of the Council was held on Thursday June 29th 1893 at 4 p.m. for the purpose of considering the advisability of making an offer for the purchase of the Street Railway.
Present His Worship the Mayor and Alderman Anderson, Salsbury, Collins, Hackett, McCraney, Hackett [sic] Franklin and Towler.

Moved by Alderman Anderson
Seconded by “ Collins
That a conditional offer be made for the Street Railway.

Moved by Alderman Collins
Seconded by “ Cargill
That a letter be written to Mssrs Courbould McColl, Wilson + Campbell, Solicitors for the Vancouver Loan, Trust, Savings and Guarantee Co. Ltd in answer to the advertisement calling for tenders: That the Council are prepared to place a By-Law before the citizens without delay to provide the sum of $360,000 to purchase the assets (free from incumbrances) of the Vancouver Electric Railway + Light Co. Ltd.

Moved in amendment by Alderman McCraney
Seconded by “ Anderson
That the amount be made $380,000

Amendment lost: motion carried.

The Council then adjourned.

F. Cope

Thos. F. McGuigan
City Clerk