New Orleans daily crescent. [volume] ([New Orleans, La.]) 1851-1866, 1853-01-17


Amount paid. .................... S96,o9o :,
Amount due. Al ,f33 81
Total. Sl44 $50 Ii
Late Second Municipality now First District
Amount paid. $50,S 1913 81
Amount due. II ,939 VI
Total. ..................... .&72,161 %
Late Third Municipality, now Third District
Amount paid. ......,.............S l5,334 Z.
Amount due. ACKNOWLEDGEMENTS. AZ QUO W
Total. Recommendations. $57 1884 II
Lafayette, now Fourth District:
Amount paid. ....................S l4,625 ~
Amount due. Observation-Disclosures. 5000 90
Total. .................. $32 625 80
Amount of assets brought into the CONSOLE
dated city by the respective Municipalities and
Lafayette, is as follows:
First municipality. S329, US 70
Second MUNICIPALITY. ............ $50, l4O "a
Third Municipality. ..7S.S20 Sc
hs,Syete. 49,. ............. .Z9,ooo 90
That if the First Municipality, with assets
amounting to 1925, 600. had entered into con-
tracts amounting to sl44,0O0, the Third NUM-
cipality, with assets of $4,000, should only
have had contracts for $31 500, whereas she
had contracts for S57 900, which is an excess
against her compared with the Municipalities
having the largest contracts of $4,000.
Fourth, The amount received for taxes for
shown By the report of the Comptroller, which,
~ required by law, will be made public as soon
81 prepared, all of which pr perties, assets,
funds, contracts, etc, will, as placed by law,
Be under the supervision and subject to the con-
troll Of the Common Council
Eifth, The amount proposed by the ordinance
20 De levied as a tax, would, if all collected
give surplus over the $3.50, 900 of $39, 249 26,
winch BY many, well informed on this subject
10 considered inadequate; but which, as our tax
collection laws are stringent, your committee
think will be sufficient to raise the required
sum. All of which is respectfully submitted
and your committee ask to be discharged
W. P CONVERSE.
On motion of Mr. Burke the above report
WAS laid on the table
MI. Giquel took his seat.
The following preamble and ordinance, pro-
uding for the levying of &c the consolidated loan
tax, we're taken up for second reading. and
adopted by the following vote
Yeas-Messrs Burke, Clark Claiborne, Con
verse, Gasquet, Giquel, Jones, Sewell and
Wood,-9
Nay-Mr. Lugenbuhl,-1.
Whereas, by the 9th section of the Act of
Consolidation, il is made the duty of the Com
missloners of the Consolidated Deot to ascertain
and determine the amount of the debt of each of
the late municipalities; also, to apportion the
debt Of the old city among them, the said late nu-
inequalities, in proportion to the assessed value
OF real estate within the limits of each accord
ing to the assessment rolls of 1851. That has
been ascertained and thus apportioned, as will
appear by the report of the Commissioners of |
the Consolidated Debt to his honor the Mayor, /
~ which 1t appears that the debts of the late
respective municipalities are ascertained, de-
termined and nxed as follows:
Gay Municipality No. l......... 2,15S, $40 10 |
Municipality No. 2.......... 1868 1888 SO |
municipality NO. 3.......... l,256,3a7 "a |
That it is found the sum of $780, 900 to be |
raised on the property (real estate and slaves |
Of said late municipalities, us the Consolidated
Loan Tax, will be apportioned as follows:
The First municipalities proper
ZION Will be. ................. $175,424 90 |
The Second municipalities proper
tlon Will be. NORTHUMBERLAND. 322,4S3 IL |
The Third municipalities proper
uon viii De...... 1920 IS |
sw 5000 900 90 |
By the assessment rolls of the present year it
ID ascertained that the property (re,l estate
and slaves) on which the Consolidated Loan
Tax is to be levied. amounts in the respective
municipalities as follows:
Say in the late First Municipality.
now Second District, to the sum
0................ $21 ,083, 1856 Al
10 raise its proportion of the tax Nj
requires 1891 fraction per cent.
which requires. 49,. .... SIZE 404< ~
On the late Second Municipality,
now First District, to the sum
OF ................$3 So, 1886 900.
10 raise its proportion of tax re-
quires 1914 fraction per cent,
which gives ..........,........ $500 400 %
On the late Third Municipality,
now Third District, to the sum
of....... SO, APO 952.
10 raise its proportion of tax re-
quires l.5o99 fraction per cent,
which gives s.................. 1O2,0s2 IS
On the assessed value of real es-
tate in the late City of Lafay-
cite, now Fourth District, which
Is shown to be. Sc ,791 500
On which District the charter act of
Consolidation, requires shall be
levied as Consolidated Loan Tax, {
the sum Of .................... $4,000 90 /
To raise which reqires 1852 fraction per cent :
But AZ we cannot rely with certainty on the =
Of every dollar levied, it is deemed ,
prudent aud proper for the certain preservation
Of our now good credit at home and abroad, Of h
winch every citizen should, and doubtless does Q
feel great pride,
10 levy tax for such amount as will surely
give the sum required for said CONSOLIDATED :,
Loan Tax" Should the amount collected ex h
iced the sum required by law, it will remain in
me treasury applicable to the same tax for the ii
aext current year, or may be added to the sur q
,lus fund, which fund. required by law, must d
70 invested in the bonds issued by virtue of The =
thirty seventh section of the Act of Consolda n
ion:
Be it ordained by the Common Council that o.
or the purpose Of raising the sum of six hundred :
thousand dollars, on the taxable property of the :,
'irst Second and Third Districts also, for the =
urpose CT raising further sum of fifty thousand n
ollars on the property of the Fourth District in p
II. the sum Of six hundred and fifty thousand
ollsrs, to be known, denominated and specially +,
q apart as the Consolidated Loan Tax, there al
hall be levied on the taxab property of the re- n
pective Districts as designated by law-say: h
n that Of the First District, which Q,
amounts to........ 49,, 1886 600
.O5 per cent win give $685., 523 so
n that Of the Second District, re
which amounts to. ..S2l ,0S8, 1856 I'll
Of one per cent will give....... 1s9,447 70
q that of the Third District, which NJ
amounts to........., Sc, 42O, 952 n,
065 per cent. will give. I05, 945 10 NJ
4 that of the Fourth District, VIII oh eli
amounts to SO, 79l 500. Ms
Of one per cent. 54,S32 90 pr