The daily comet. [volume] (Baton Rouge, La.) 1850-1856, 1854-05-27
|10OO. q. 3. America NO.
State Of Louisiana.


he payment Of said principal sum !: transferable
by endorsement.
In testimony whereof the Mayor Of the city Of
Baton Rouge has signed these presents, and the
Treasurer Of the said city has countersigned the
same, the seal OF Baton Rouge being thereto
affixed.
Done At Baton Rouge. this 49, day 81 in
the year Of our Lord One Thousand Eight Hun
dred and Fifty Four.
--, Mayor.
Treasurer
Be further 0,xlatned de-, That the stock &C.
qured, BY virtue Of the Aforesaid subscription on
the part Of the city, shall, with its revenues, be
Of the principal, and interesttsf the Bonds 10 be
issued under the provisions Of this Ordinance, and
remain pledged, until such Bonds, principal and
interest, are fully paid and discharged.
Be Il further 0ra0SRsa, de-. That 1t shall be
the duty Of the City Assessor, immediately after
the ratification Of this Ordinance, and annually
thereafter, to commence, and as soon as possible
to make and return, full and complete roll,
showing the value Of the landedSestate, with
in the corporate limits Of the aforesaid city Of
Baton Rouge, and the name Of the person Or per-
sons, by WHOM the same may be owned, Is far Is
such name or names may be ascertxined and it
shall furthermore be the duty Of such Assessor,
within Five days, after such ROLL shall have been
completed and returned, - hereinabove required,
to determine, By accurate calculation, what rate
Of taxation, on the total value Of the landed es-
tate situated within the corporate limits Of the
aforesaid city Of Baton Rouge, viii be sufficient,
to realize and raise, annually, the sum of Eight
Thousand Five Hundred Dollars; and such rate Of
taxation, as annually ascertained and fixed Is
hereby annually levied upon all the landed
estate situated within the corporate limits Of the
come due and payable on the hrst Monday of Au-
gust in each and every year; and it is hereby
made the duty Of the Collector of Taxes in and
for the said City Of Baton Rouge 70 collect the
taxes, authorized and levied by this Ordinance,
and the collection Of the same, shall be enforced
in manner and form, ss is now, or may hereafter
be provided by law, for the collection Of ether
Municipal taxes; and wherever any tax shall beg
paid under this ordinance, it shall be the duty Of
the tax collector to give to the person or persons
the amount Of the tax paid, and on what accoun4,
which receipt shall entitle such tax payer TO q
certificate, transferable by delivery from the city
Of Baton Rouge, for an amount equal TO the tax
paid, and which certificate shall be evidence Of the
ownership Of the tax payer, to 90 many shares, or
share, or fractional part of share, the stock
Of the Baton Rouge and New Orleans Rail Road
Company, to the extent Of the tax paid by each
tax payer, subject to the privilege and pledge,
hereinabOve setf0rth. ~
Reitfurtser ordained, DC, That the taxes to be
collected, annually % Aforesaid, shall when paid
into the treasury Of the said city, there remain to
an amount sufficient to extinguish the annual in
terest, AZ 1t may semi annually become due, upon
the aforesaid Bonds, and to be Withdrawn there
from, for no purpose whatever, except to pay of,
discharge, and extingush the annual interest, upon
the Bonds Aforesaid the surplus, remaining on
hand, over and above the sum sufficient to meet
the interest as Aforesaid, together with the pro-
ceeds or dividends, arising from the shares, sub.
scribed for by the City Of Baton Rouge, to form
a sinking fund, out Of which to pay Of, and dis
charge, all Of the said Bonds, at the maturity
remaining on hand, over and above the interest
as aforesaid and x&he revenues and dividends,
arising from the stek, as aforesaid, may be used
in taking up, the Aforesaid City Bonds though
not due, and in the purchase Of Bonds ofthe State
OF Louisiana, bearing six per cent. interest, and
becoming due, prior to the maturity Of the Bonds,
to be issued under this Ordinance.
Bsit further 0rdained, de-, That this ordin-
anco SO far as 1t leves tax, and provides for the
payment Of the interest and the formation Of
sinking fund, shall not be repealable until the
entire amount due and to become due, upon
the Bonds issued by the Mayor, under and by vir-
tue Of this Ordinance, are fully paid and extin-
gushed, with the following limitation and reser-
pay and discharge the full amount Of the afore-
said Bonds, and all interest accrued, and unpaid
or to accrue thereon, shall have been collected and
paid into the treasury Of the city Of Baton Rouge,
then and in that event. the tax, herein levied and
assessed, shall no longer be collected nor the pay
ment Of the same enforced.
Be IL further enacted, &c., That with a view of
taking the sense Of the voters in the said city Of
Baton Rouge, whose property IL taxed by this |
Ordinance-An election shall be held, on the Sth i
day of June next, to be conducted as far as is |
consistent with this Ordinance, in conformity with
the laws, regulating the Municipal elections Of the
t4ty OF Baton Rouge at which election, the vo- |
ters whose property the tax is levied, shall be
authorized to vote; those who are in favor Of the |
approval and ratification Of this Ordinance, to de-
posite their ballots "F0R THE RAIL ROAD those |
who are not In favor Of such approval, to deposte
their votes, AGAINST THE RAIL ROAD" And |
tits hereby made the duty Of the Mayor to furnish
the Commissioners Of the election WITH a properly
certified list Of the authorized voters, and to give
public notice Of such election for Thirty days.
published in one or more Of the newspapers prin-
ted in the city Of Baton Rouge.
BE Nfnrther ordained, de-, That the City ASS
essor and Tax Collectors in remuneration of the |
services required Of him, by this Ordinance, shall |
he entitled to demand and receive, annually, Five |
per cent upon the amount Of taxes by him collected
under this ordinance, and handed into the city |
Treasury, to be paid by the city out of any funds
belonging to her, and not out the money collec-
ted for the taxes aforesaid.
LOUIS GRANDPRE,
Notary Public and AuctfOneer.
Office at tAs Corner Of Third and Church Streets
mar 22ly Baton Rouge, La.
80
C1AY, CORN, BRAN AND OATS
II For sale a. reduced prices, at feed