p.1 City Council - Financial Reports - On the petition of Peter R. Henderson, agent, Montreal Transportation Company, asking the Council on behalf of the company for rebate of $176, personal property taxes for 1876, the Committee recommended the rebate be granted....Ald. Gaskin moved the adoption of the report. Ald. Carson moved that the report be amended by striking out the clause for a rebate of $176 to the Montreal Transportation Company. It thought it was unfair for a rich company like that to ask other citizens to pay their taxes.
Ald. Drennan said the exemption was made under the report of the Court of Revision recommending a rebate of 90 per cent on floating property.
Ald. Carson thought it was nothing but fair that this Company should be made to pay as well as the other companies.
Ald. Gaskin explained how the rebate was made. It was claimed that they were entitled to the rebate on the resolution passed in 1876. In 1874 the Company built a second elevator at a cost of $10,000 to accommodate the trade, but they did not use it for want of business.
Ald. Carson showed that if the elevator cost $10,000 in building, the Company was really only paying taxes for one elevator. He thought it was unfair to let them off, as their property was really not assessed to nearly its value.
Ald. Metcalfe ... thought the taxes should be paid.
Ald. McCammon did not see that the Company could claim any more than one half of the value of the elevators. He did not think the rebate should be made.
Ald. Gaskin called attention to the fact that the company was the means of spending $150,000 per annum in the city.
After a few words from Ald. Carson, the amendment was put and carried. The reports as amended were adopted.