The daily comet. [volume] (Baton Rouge, La.) 1850-1856, 1854-06-03

Company.
NJ II ordatned ny Ne Mayor and B"ard AZ
!Vefeefw,sn. gfAhe city 81 Rifon Rouge IN cinnamon
toaacA eoneaned, That II shall bs The duty Of tho
Mayer Of the city Of baton Rouge, within ten days
after the ratification Of this ordinance 10 au,surbs
on behalf Of Tho aforesaid city, for one Thousand
shares. Of Ono Hundred dollars each. of the Stock
~ Tive New Orleans and hatoa Rouge Railroad
Company said subscription amounting, IL the
aggregate 10 tho sum Of One Hundred Thousand
Deiiass.
Ne HfartAsr ordained, That for the payment Of
the subscription, hcrsihabovs authorized, II shall
ba the duty Of the Mayer, TO issue Coupon bonds
in the name Of the city Of baton Rouge, to the
order of the New Orleans and nAton Rouge Rail
Road Company, signed BY the Mayer. and counter.
sisned BY the Treasurer " the said city. payable
10 years after the date thereof. and bearing In.
teress, n the rate Of six per cent. per aaDum,
payable .sml. an.aally the said bo"as' shall b.
eiVO0. y. 4. America No.
state at Louisiana.
KNOW all men by these presents that The city
of uaton noage, State of l.oatsiaha, scknewled.
res to be indebted, 10 the New Orie ms and baton
keuee Rail Road Company In the sata Of One
Thousand Dollars which sum the said city Of Baton
Rouge promises 10 pay, IN current money of the
United States, 10 the order Of the President Of
the said Company. In Twenty years from the date
hcreof and Also 10 pay an interest IT the rate of
Elk per cent. per Anaun,. payable sesai.Aanuaily
IT tho Office Of the Treasurer u tho said city, In
baton Rouge, ON the arpt day ef fund first
day of -==--- In every year upon the delivery of
he interest warrants. IN Tho margin hereof antil
he payment Of said principal sum transferable
ny endorsement.
In testimony whereof the Mayor Of the city Of
Maten Rouge has signed these presents, and the
Treasurer otthe said city has eeunters'shed the
same, the seal Ut Baton Rouge being thereto
aalSrd
Done Ut Baton Rouge. hi. ---- day Of ---- In
the year Of our Lord One thousand Eight Hun.
dred aud Ftny Four.
--, Mayor.
Countersigned
-, Treasurer.
Ed H(mrMer o'NdtnoH, sCe., That the stock &c.
N"ired, bv virtue ~ the aforesaid subscription on
the part o. the city, shall. with IT. revenues, bs
specially reserved and st apart, for the payment
IT tho principal, and interest, Of the nons, ~ be
issued under the provisions Of this Ordinance, and
remain pledged, until such nonds, principal aud
tnterest, are fully paid and discharged.
Ne II Puritan o,tfafned, d., That II shalt b
che duty Of the City Assessor, Immediately after
tho ratiheatoh Of this Ordinance, and annually
thereafter, To commences, and ~ soon NJ possible
70 make aud return, u full and complete roll.
showing the value Of the adsdIs.tate, with.
IN Tho corporate limits Of the aforesaid city VI
baton Rouge. and the name 81 the person or per.
esns, ny whom tho same may be owned, ~ Tar ~
such name or names may be s.eertsiaed; and II
shall furthermore. be the daty Of such Assessor.
within Five days, after sach roll, shall have been
completed and returned, A. herctnnbove required,
10 determine. by accurate calculation, what rate
II taxation. on the total value Of the landed OF.
tate situated Within tho eotporAte limits Of the
aforesaid city of baton Rouge, viii DO sufficient,
10 realize ana raise, annually, the sum IT Eight
Thousand Five Hundred Dollars; and such rate 81
taxation, M annually nnceftaincd and fixed, Il
hereby annually !ey.ed upon all tue landed
".ta'e. Situated within the corporate limit. OF tho
C'y OF baton Rouge the said tax to be.
coAse due and payable %" the FIRST Monday Of Al.
gust In each ana every year; and u II hereby
made tho duty 81 The Coi'scter Of TAKE. In aud
for the said CITY o. Bnton Rouge to collect this
and the collection Of shc same. shalt be enforced
In manner and form. ~ Il now. or may hereafter
he provided ~ law, NJ the collection Of ether
Mnnto'pal taxes; and wherever any tax shall he
paid, under this ordinance. u sha1l be the duty of
the tax COLLECTOR 10 give to the person Or psrsons,
paying such tax, receipt therefor. settling forth
the amount o. tho tax paid, and on what account,
which receipt, shall sntitls sach sns payer 70
certmcats, transferable ~ delivery from the city
Of nAton Rouge. Tor y" amount equal 70 the tax
paid ana which certificate shall be evidence Of the
ownership Of the Tux payer, to 40 many shares, or
share. or fractional part Of share, II the stock
81 tho baton Rouge and New Orleans Rail Road
Company, TO the extent Of the tax paid ny cheh
hcreinabevs .ettorth.
~ nJn'fhcr o'ud'"ea, tfd., That the tasns to be
collected, annually =. aforesaid shsii when paid
INT" the treasury q the said city, there remain TO
s....s -. 1. =. !. s... . :. .... r. s... ~. -.
,S may nHs amnsry nss " a"s' upon
rom, Tor no purpose whatever, except TO pay oil,
discharge, ana cxtinsul.h tho annual ihcrest, upon
tho bonds Aforesaid the surplus, remaining on
hand, over and above tho sun, sufficient to meet
the interest ~ Aforesaid, together with tho pro.
<ccas or dividends arising from the shares, sub
serthed Tor by the CITY Of Baton Rouge, to form
sinking !"''d, out Of which to pay on, and dis
charge, all Of tho said Honds, Vt the maturity
thercot: provided: however, that the sum thus
AZ aforesaid; ana the revenues ana dividends,
arising rom ths s'oes, ~ aforesaid, may b" USED
IN nk'"e up, me aIorossM V.y .ona. though
no. a"e, ana - sns puIc"sse o. "ohas .! We STATS
.. .ou,ssna, oeaI'ne ax per eent. interest. ana