New Orleans daily crescent. [volume] ([New Orleans, La.]) 1851-1866, 1852-05-14

No. 90.
fin Ordinance proriding for The subscription by the city of
Neo Orleans to The stock Of the Neo Orleans Opeoas and
Great Western Railroad Company.
L. That the city Of New Orleans subscribe to the stock
OF the New Orleans Opelousas and Great Western Railroad
Company shares to the number of sixty thousand
ing to million and half Of dollars and that tax of
onethird Of cent be levied the landed estate
Of the city of New Orleans annually for six years. to
said subscription, commencing May l. 1858.
That tax of two per cent. is hereby levied all
the landed estate situated in the city of Orleans said
ton 0nesxth of this tax, being onethird of per
cent shall be payable the Monday of May 1858
sixth the first Monday of May 1855 another sixth
the first Monday of May 1856 another sixth the first
first Monday Of May. 1855 Said taxes shall be PAYABLE
at the Office of the City Treasurer shall be collected
in same manner as all other city taxes according to the
provisions of the 35th section law consolidating the
city of New Orleans.
B. Separate receipts for the tax shall be given the
Taxpayers which shall enttle them to an equivalent
amount in stock Of the said Railroad Company and when
the amount Of the receipts shall correspond
exactly with the amount of share any number of
shares in the Railroad Company it shall be lawful for the
holder of the receipt to complete the fraction to an
amount equivalent to share by payment in cash of the
deficiency.
1t shall be the duty the City Treasurer to pay
to said Railroad Company through its proper officers
every Monday the amount of the railroad tax aforesaid
collected during the next preceding week by
list Of the Of the persons who have paid the tax
and of the amount paid by each.
g. This ordinance shall not take effect shall cleo
ton be held for the purpose of submitting to the appro-
val OF the tax payers as required by law until the Board
Of Directors Of said Railroad Company shall have
nicated in writing to the Common Council their
to accept the subscription herein ordained payable in the
manner herein above set forth.
Whereas 1t has been satisfactorily ascertained that
without the aid Of the property holders the New Orleans
0peousas and Great Western Railroad cannot be con-
truced to successful issue that real interest
receives the advantage caused by public
works and consequently such interests ought aid this
important undertaking and although large property
holders have made handsome subscriptions yet the great
bulk OF subscribers to the above named road
limited means and mechanics-he bone sinew Of the
community anu. whereas although the majority of real
estate owners have not made voluntary subscriptions
the books Of the Company they almost unanimous in
the belief that tax must be Levied and many are anx-
ous to pay it, confident in the belief that the tax will not
only advance property but that they will the
tax paid dividend paying stock that will not surpassed
in the world therefore be it
Rcsnlred That the Mayor hereby authorized and di-
reced to order election in conformity to the above
dinances to take place the third Monday in next
and to make complete returns of said election within ten
days from the opening or closing of the polls.
[signedl FRANCIS ALPUENTE
[signedl VIC G. CLAIBoRNE
President Board OF Aldermen.
tSigned AID. CRossAIAN, Mayor
No. 81.
Resolred That from and after the passage this ord
shall be the duty of all Tax Levee other
Collectors Of the of this city pay to the
Treasurer daily all moneys either gold silver checks
city other obligations. and in handing cash war
rants notes obligations Of the late First Second and
Third municipalities and Lafayette said Collectors must
give the Of persons paying said warrants notes
ETC. and amount Of paid by each tax payer paying
i'll such obligations.
lsGnedl FRANCIS ALPUENTE,
lsgnedl VIC. 6. CLAIBORNE,
President Board of Aldermen.
True copy H. BIER, Secretary myl4 81