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I The city of ST. John, \. B. was threatened
a few days ago with having all its public property
sold at auction to pay portion of its debt An
arrangement has al length been concluded between
the creditors of the Corporation and City Coun-
Gil, by which the city mortgages its property to
Trustees named by the creditors, of the proper
officers of the city to collect the public rents and
pay them over to the Trustees monthly.


Bangor w hig.