New Orleans daily crescent. [volume] ([New Orleans, La.]) 1851-1866, 1852-05-15

No. 26.
IN Ordinance prording fop The bsc,ipton bu The cit Of
Net Orleans to the stock Of the NeW Orleans. Opeiousa
Great Western Railroad Compu,,y
That the city Of New Orleans subscribe to the stock
OF the New Orleans Opeousas and Great Western Railroad
Company shares to the number of sixty thousand
ing to one million and half of dollars and that tax of
onehd OF cent be levied the landed estate
OF the city of New Orleans annually for years. to pay
said subscription, commencing May l. 1858.
That tax Of two per cent, is hereby levied all
the landed estate situated in the city of New Orleans said
tax being sufficient to pay the amount of said subscrp-
ton onesixth Of this tax being onethird Of per
another sixth the first Monday of May 1854 another
sixth on the first Monday of May 1856 another sixth on
he first Monday Of May, 1856; another sixth the first
Monday OF May, 1857, and the remaining sixth on the
first Monday of May 1858. Said taxes shall be payable
ut 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 OF the law consolidating the
city of New Orleans.
g. Separate receipts for the tax shall be given to the
taxpayers, which shall entte them to an equivalent
amount in stock of the said Railroad Company and when
ever the amount of the tax receipts shall
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
amount equivalent to share by payment in cash of the
deficiency.
1t shall be the duty the City Treasurer to paw over
to said Railroad Company through its proper officers
every Monday the amount of the railroad tax aforesaid
eoected during the next preceding week accompanied
list of the names Of the persons who have paid the
and OF the amount paid by each.
D. This ordinance shall take effect nor shall an cleo
on pc neld for the purpose of submitting to the appro-
val OF the tax payers required by law 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.
hereas 1t has been satisfactorily ascerained that
without the aid Of the property holders the Orleans
opelousas and Great Western Railroad cannot be
ructed to successful issue that the interest
receives the paramount advantage caused by public
works and consequently such interests ought to aid this
Undertaking and although some large property
holders have made handsome subscriptions vet the great
bulk OF subscribers to the above named road are men
limited means and mechancs-the bone and sinew of the
community and Whereas although the majority of real
estate owners have not made voluntary subscrptions
the books OF the Company they almost unanimous in
the belief that tax must be levied many are anx-
los TO pay It, confident in the belief that the will not
only advance property but that they will receive the
tax paid dividend paying stock that will not be surpassed
in the world; therefore be it
ReSored That the Mayor is hereby authorized and d
rected to order election in conformity to the above or
dnances to take place the third Monday in June next
and to make complete returns of said election within
days from the opening or closing of the polls
lsignedl FRANCIS ALpuENTE
[signedl W. c. C. CLAIBORNE.
President Board of Aldermen
No. 27.
Resolved That from and after the passage of this ord
nance 1t shall be the duty OF all Tax Levee Dues
Collectors OF the revenues of this city pay
Treasurer daily all moneys either gold silver, checks
city or other obligations and in handing cash
Third Municipalities and Lafayette said Collectors must
give the of paying in said warrants
and of taxes paid by each payer paving
in such obligations
tsgnedl FRANCIS ALPUENTE,
sxn.a President tsa5 g & c A.ss, aldermen
President Board of Aldermen.
1tsisnsdi a,rn AID cRossMAN, Mayor.
True copy H. BIER, Secretary. myl4 St