The daily crescent. [volume] ([New Orleans, La.]) 1848-1851, 1850-05-11


hereby respectfully requested notify John Calhoun ESD
Of his election and that he be also notified that by the I4
enter INTO bond two surees Tor the faithful performance
proved BY the General Council and that the Secretary shall
notify the Mayor OF his having qualified. =
be held the office OF the ComptOler Of the Sinking Fund,
and that The following papers Be employed BY the Secretary
W: The Be- in the Es M1Eiegsty the Crescent, the
On motion, the Board adjourned to Wednesday next, the
certify the above be true copy from the minutes
JOHN CALHOUN, Secretary.
WEDNESDAY, May 8, 1850.
The Board met, pursuant to adjournment The Honorable
Converse, j. N IaPeyre s. Walton and A. Bodiin
The Secretary submitted his bond, which motion,
On motion of Mr. Converse the Board proceeded to ex
anime the qualifications of the members all OF whom
found duly qualified according to law.
Applications wers read from Messrs H. w Palfrey and
and from Mesrs Holland and Baudon, for the Appointment
Mr. Bogart offered the following resolutions which were
Resoced That the Secretary address the Comptroers and
Treasures Of the respective Municipalities requesting them
to furnish this Board as soon possible with complete
of description, and also full and complete statement
OF he assets OF any Sinking Fund belonging to said Munich
Rsolged, That the Secretary also request the Comptroller
statement the liabilities and assets Of aid SnR hu Rpppd
Mr. NJ. Bodin appeared and took his seat.
Mr. Bodn having acted Secretary teB at the last
meeting read the proceedings Of the same, which ap
Mr. Wilder offered the following resolution which was re-
oution adopted which in the words following 10 vii:
Resoiped That the Secretary Of the Board shall not with
out Vacatng his place. enter into commercial business of
kind whatever, accept any office under the authority Of
lhls State, City, or either OF the municipalities comprising
lind ,oheeas, said resolution is an assumption of power
ing for the organization of the Board clearly and fully de-
tines the duties, power and obligations of the Secretary
Resgged That said resolution be and the same is hereby
Mr. Wilder called for the ayes and noes which being Or
| dered resulted as follows
| NoEs-MessIs Bodin, Bogart, Converse and Lapeyre-
Mr. Wider VIA and prs saT aRf he following protest,
s william tS H Wilder ns one Of The Board Of GudstG
Municipality, and duly qualified such, do BY these pres
e9 s9emny protest and do protest the proceedings
upon the following grounds, to wit:
pS Ro sga, resolution psIpOrtng have been passed
enhg INTO business Of any kind whateyer
either OF the Municipalities composing said city, the fol
That aid potestee did enter the office of the Mayor of
he city Of New Orleans at the hour of ten minutes after
Board Tha wSe9 fe 9 II e f e
ng gentlemen together with the Mayor present, wit
his Honor the Mayor after having administered the oath Of
office to protestee stated distinctly to him that business had
the applications for the office of Secretary and he then
the reading noUo which he did, when il was ascertaned
fnai the following gentlemen We're applicants Mesrs Cop
Calhoun having received majority of the yote declared
deeSs G Honor Was bs sxr Offered
CshoHn OF his election the choosing Of the newspapers
ton was asked if any other resolutions be offered,
and none were Offered that pIoteee stated there was moth
meeting when he left the assurance there other
R T S5 Sst a9y hOS day w would
present. Proteee therefore, before stated protests against
Bs e u sssss Gss. T. S s a
$ to Of By h s said Beard have
privileges Of citizen abridged and proiestee considers
neas @ Gd dcue sG BoaR having
New Orleans, May 8, 1850. w. H. WILDER.
the scTsary Sdess the Different banking Institutions Of s
city p5 the pgTpSse Of what rate Of interest they
Mr. Converse offered the following resolution, which
Resoiuod That Committee of three he appointed with the
Secretary devise and mature plan for the books for the
such stationery be requisite also, to adopt mode
keeping p the books 9th iQuidat9ogTs;
Mr. BodR presented the following resolution. which was
Resopcd, That the Secretary give immediate notice to the
the disposal by the Commissioners of the General Sinking
Fund Of certain and obligations which transaction this
Board reserves itself the right of examining into hereafter
to ascertain its Legality and il the meanwhile the Bank be
advanced asreed to be advanced thereon amy Oh inc
MI Bodn offered the following resolution, which
Resolp'd That four Committees, composed of two mem
es each be appointed BY the President demand and receive
Orleans and of the several Sinking Funds Of the respective
IN dcc0ruance with the 7tl
entted An act to provide for the liquidation of the City
Debit and OF the debts of the separate Muncpaies Of IN
city OF New Orleans, - approved March 20 1885,
The President appointed said Committees rs fnllovs.
| For the General Sinking Fund-Messrs Bodin Converse
| For the First Municipality Lapeyre, Bossrt
For the Second Municipality Messrs Bogayt Walton
E1r The Third Municipality-Messrs. Wilder, Bodin.
Bank of Louisiana. ~ ~ NV
Mr. Gonyess offered the following which was adopted:
ReSOired That the Secretary be directed to notify IN,
banks holding deposits of the General Sinking Fund Of N,
city OF New Orleans and of the different Municipalities tbenf
nat this Board has been organized in conformity
me Legislature passed Goth March, 1850 and they re0u
/ order of this Board, = 50
WIZ sea lor Weanesday Of each week, at O'clock NJ.
80 JOHN CALHOUN. ssCrutp,y.