The bonus of $2,000 was granted in 4 per cent debentures. Council also agreed to pay for fences etc. for the Jockey Club grounds.
This transcript was made in 2018 by Transcribimus volunteer Brenda Chapman
original handwritten minutes
City of Vancouver Archives
Series 23-A Volume 5 page 141 only
[Volume 5, page 141]
Vancouver Sept 7th 1892.
The Council met on Wednesday September 7th 1892.
Present His Worship the Mayor and Aldermen Anderson, Collins, Scoullar, Franklin, Odlum and Mills.
The object of the meeting was to consider the granting of a bonus to the B. C. Iron Works Co. and other business.
After considerable discussion it was
moved by Alderman Franklin
Seconded by “ Collins
That the B. C. Iron Works Co be granted a bonus of $2,000 in 4 per cent debentures in consideration of their rebuilding and operating their works and agreeing to move off the road bed of Westminster avenue produced and paying the rent of the leased property until such time as it is required by the City for Street purposes after expropriation.
Carried.
Moved by Alderman Scoullar
Seconded by “ Franklin
That the following account be paid:
Clements + Addison, Fences etc for Jockey Club Grounds.
Carried.
The Board then adjourned.
F. Cope
Mayor
Thos. F. McGuigan
City Clerk
