1841, S. Beale; 1842, J. James; 1843, T. Weston; 1844, T. Phillips; 1845, H. Smith; 1846, R. Martineau; 1847, C. Geach; 1848, S. Thornton; 1849, W. Lucy; 1850, W. Lucy; 1851, H. Smith; 1852, H. Hawkes; 1853, J. Baldwin; 1854, J. Palmer; 1855, T. R, T. Hodgson; 1856, J. Ratcliff; 1857, J. Ratcliff; 1858, Sir J. Ratcliff, Kt.; 1859, T. Lloyd; 1860, A. Ryland; 1861, H. Manton; 1862, C. Sturge; 1863, W. Holliday; 1864, H. Wiggin; 1865, E. Yates; 1866, G. Dixon; 1867, T. Avery; 1868, H. Holland; 1869, T. Prime; 1870, G. B. Lloyd; 1871, J. Sadler; 1872, A. Biggs; 1873, J. Chamberlain; 1874, J. Chamberlain; 1875, J. Chamberlain; 1876, G. Baker; 1877, W. Kenrick; 1878, J. Collings; 1879, R. Chamberlain; 1880, R. Chamberlain; 1881, T. Avery; 1882, W. White; 1883, W. Cook; 1884, W. Martineau.
The members of the Council in 1862 subscribed L200 for the purchase of a “Mayor’s Chain,” the first to wear “the glittering gaud,” strange to say, being a Quaker, Charles Sturge to wit. To this chain a valuable addition has since been made in the shape of a stone, worth L150, presented to the Town Council by Mr. W. Spencer, June 27, 1873, as being the first diamond cut in Birmingham, and which was appropriately mounted. For the names and addresses of the Aldermen and Councillors of the various wards (changes taking place yearly) reference should be made to “The Birmingham Red Book” published annually, in which will also be found a list of all the borough officials, &c.
Corporation Stock.—The balance against the Borough in the shape of loans, or mortgages on the then rates, when the Town Council took over from the Street Commissioners was L121,100. By the end of 1864 the Borough debts stood at L638,300, at varying rates of interest. After the purchase of the Gas and Water Works, and the commencement of the Improvement Scheme, this amount was vastly increased, the town’s indebtedness standing in 1880 at no less than L6,226,145. The old system of obtaining loans at the market price of the day, and the requirement of the Local Government Board that every separate loan should be repaid in a certain limited number of years, when so large an amount as 6-1/4 millions came to be handled necessitated a consolidation scheme, which has since been carried out, to the relief of present ratepayers and a saving to those who will follow. The whole of the liabilities in the Borough on loans were converted into Corporation three and a half per cent. stock at the commencement of 1881, the operation being performed by the Bank of England. The tenders for same were opened Jan. 18th, when it was found that L1,200,000 had been applied for at and slightly over the minimum rate of L98 per L100. The remaining L800,000 was allotted to a syndicate, who afterwards applied for it at the minimum price. Persons having money to invest cannot do better than visit the Borough Treasurer, Mr. Hughes, who will give every information as to the mode of investing even a L10 note in the Birmingham Corporation Stock.


