True American. [volume] (New Orleans [La.]) 1835-18??, 1839-06-27
l)roree0tmgS of Council.
COND MUNICIP ALITY.
TUESDAY,, 25th June, 1899,

TUESDAY, 25th June, 1899
The Council met pursuant to adjournment
present Hon. Joshua Baldwin, President Alder
men Caldwell Frcret, Hall, Peters, Rogers, Whit.
ney and Yorke,
=, The Journal of the preceding meeting was
read and approved. The following Message from
the Mayor was received
Mayoralty of New Oreans, J
June 25, 1888. {
Second Municipality.
Gentlemen Il have the honor to return here
with for the further consideration of the Council
two resolutions adopted in the sitting of Tuesday
last, the former in the public and tho latter in the
secret Session; they are of the following tenor;
"Rcsolved, hatthe Treasurer be and he is here.
BY directed to address the Mayor in writing, re.
questing him to sign and deliver to him, tho said
Treasurer, the bonds OF this Municipality which are
to 10 issued according to tho act of tho Legislature
! approved l6 March, 1889, in exchange for the
same amount OF the bonds ofthe State" And
I" Resolved that the Mayor be informed ly the
Secretary, that this Council is well aware tia, tia
instructions prepared by tho Finance COMMITTEES
under the resolutions Of The 4th instant became
null, by the Council not presisting against the
Mayors veto of the revolutions and that copy of
said instructions was only sent by this Council to
to tho Mayor in orGer that hs might know that
this Council was neither regardless of the interests
unnecessary ios the Mayor TO inform This Council
that j, was sine qad that the bonds be sold at
par.
The following are tho reasons, which induce m,
to withhold my appreciation of them.
When the Council in the sitting of the 18th inst.
| adopted resolution authorisng the CITY Bank 10
forward tho State Bonds 10 Mr. Sanl. Jaudon at
| London. that he night negotiate them conforma.
bio to tho instructions of their Finance Committee
and sent me this resolution, wi hout making known
either IN whole, or in part the nature OF the nstruc.
tons, and without auncxing to tho resolution any
KIND OF explanation of tho nutrre of the trans
IN which the Council required mo 20 participate by
aflixing my signature; thought il my duty to send
back this resolution, accompanied with my ohicc.
tios to it, founded on the absolute want of rcqui.
site information, as well on tho duty imposed on
me, to soc that the State Bonds were not disposed
of at less than par, The Council convinced of the
validity of my obi clions did not persist bu,
adopted in their sitting Of the l,h inst new rcso>
luton, which though it my duty to approve, be-
cause it not onlF specified the compensation to
which the City Bank would be entitled for its agen.
cy, bu, asc provided that the authority granted Mr.
Jaudon ofenaorcing the Bonds in the name of the
Municipality, aud OF designating the place where
the capital and tho interest should hc made pa yub
was subject to the provisions Of the 7th Seclcn of
the law OF thu 18th of March last.
10 this latter resolution, which declared that til @
negotiation of the ntIs should be effected in con.
formiy TO tho instructions of the Conncil, and
which instead of nuthorsing Mr. Sam'i J Peters to
cnhor>c tn" Bonds, done in the fist resolution
assigned that duty to Mr. J.udon, was appended an
in Strume IT dated the 10Th of june and purportiAg
to be instructions Of tho Finance Committee rela,
two TO the first rnso utlon. ! could not regard
this document although both obsolete and null
otherwise than az communication submitted for
my appreciation. But as the resolution of which ii
was an appeHdage. was longer in exist ance,
this document. ndsnt nf the m
that 1t cmnlandcd from Il source, which did not
Tito It to my official notice, had also caused to be
IN force, and certainly had no convention whatever
with the resolution Of the llh inst; which l had
approved Under these circumstances thought it
my duty TO return ii to the Council inviting them to
prepare new Instructions cuntormably TO the tenor
OF their last resolution, ana ii did not appear to me
breach of eecoruln TO remind hem At The same
that the law required that tho State Bonds should
not be sold for less than par
The Council. on account of this allueion 10 law
by which both of us ought to he governed, have
thought proper to instruct their Secretary in
to give me lesson IN tho improperly of my com.
Hunication.
] content myself with returning this intended re.
buke openly, leaving The public to decide on the
proprieiy Of the substance, well as form of
this supplementary proceeding and that such DC.
cIsoa may with the certainty and correctness be OBJ
tanned. invite the Council. according TO Sec. ID
of the law of tho Hath March last TO order the pub
LEGATION of its resolutions OF tho 4th ! lth and 18th
inst with the confdetal message of the llth and
OF the 18th inst together with the instructions of
Tho Finance Committee which have been trans
mited mo.
As regards the former Of tho two resolutions
which return, have 10 add. that have received
tier from your Treasurer, by which he requests.
the bonds of the Municipality which are to DO ex
changed for these Of the S alto, may be delivered
to him, and that uve,nformed that officer. that
these bonds have been Signed by me, and that the
Soal of the Municipality is affixed to them, and