New Orleans daily crescent. [volume] ([New Orleans, La.]) 1851-1866, 1856-05-29

day "a june next at the Second Precinct First Ward pace
at ts Precinct the n Wilt appointed
II MI stith offered the following preamble and reson
ton, which was read, and, on motion, made the
special order Of the day for the next meeting:
the city Of New Orleans of the capital stock
% fs'!is as
s s pa aassg
e the etae adge the BaSSn ST. Js1
coa 81 Ss h de
decision of The Court and whereas said
pa i plebaD ss brae e s
assessed upon them in favor Of The Company
slopes s.s sissga s9s
~ 6 an e IKE g
Of this section are the only part Of the city when have
hasa pass Rs.Pei q, se q
h e PEEP a. the s tine M with other portions
without having o any aon te MADE e
public good BENEFITS have Injured to
rs good q M Guy large Therefore, in order to place
quish favor f the lands situated the second bran
Section PROPORTION assessed thereon and in
I ia Isnssasa BS and
Il s ssedsa
shs tom s s, y
Provided the amount 50 reinqn ti te
city as in said Company ali debts
responsible tsFeor And pro s ie asc
a he "a BE o saegad s
section the decree e tie Supreme Court aforesad
oekhode shall be entitled 10 receive as also that poon
which the private soekholders shall be entitled receive shall
be made cut Of the rights and interest belonging to the city Of
M stith moved That the following BRIEF in regard
to the above preamble and resolution be published
in the official JOURNAL together with the resolution
carried
il THE NATTER Or G g5Hf EHW ORLEANS DRAINING
4 r sa,s,asa showing ts position the propgietors the
sa sssS % R q &c
MN Orleans Draining
lying line to be drawn due No below vta The
city q New Orleans from The lower limits Of the fanhours
snes line between Annunciation and suburbs iii
Es s aDp 5 under the
sd sna s y s snS he Lake the
The motives induced the Legislature incorporate this
ss tern p s 81 o S the Act that
lance not only to the inhabitants of the said city auhorg
e s sasn e q s
r. IN ss SAD s ito G
for issued their bonds payable in twenty years
sfsI e. and was subscribed by r.
is Of Company drained that part
nsssp Z 5ss ts MaEignS
Railroad road to The liver which they divded into
sections BY Espanade street the upper portion
The Company have collected anything from the lands
drained TO pay the expense of drainage from the Individual
The autumn Of 1916 Company began preparations for
draining What the Company designate the Second Draining
New sis5S sPna x
@ Ra s s sa a M the Of the
ze stt'h ao asa sn
It 70 the Canal Garondeet and already stated
hi 5s saSs n
draining his Second Section Which lately been eed
ed that the drainage completed in January lS9 his Ian
tsd IL Sas saR the se sass
Te e hs cry n the 5 Of a4Sa ISL
suffer be better BY looking the powers Of the
the first place the owners of property were not conte
Il In ss II regard to the
their lands and proceed to their drainage and cut down
mSsS my SspPnaa IN their ey
5 e e n e sad e e the
cent interest until should be PAID well sums Of
pany authorized appoint Officers President secretary
and give them such salaries il should think it, After
charge cent interest the whole amount principal and
Now stated Company should have turned over
the drainage in Jams 1919 and the have determined that
he Company NJ any ' ad a ne
snd aSS an that BY the
and accumulate during this period of delay part
TIC Court allowed interest on the whole amount of
principal and accumulated interest from 10Th of January 1851
PERIOD until sSmse e beSe s'fs sf9 a s
account in such form could be The Items Of
this account as fpows
q SpaIsE A. md . msSisoefy
" salaries of officers 5000
e tas wood 1859. ISSss
And other small items, making the aggregate '''''
n p
hs The Company claim interest o aS1 Sa
reduced !hs sam between $4,000 and $4,000 being The OK
1881 and interest the before that lime expended but
Than sss mar the account tno@ stands is semsh Hls
I s RIA 5eaas ten per- cent interest from 10Th january
twill by items of the account as already stated
that the salaries Of officers amount 10 nearly half as much as M
digging the draining canals half what the machinery cost
Ia T ps4s ens s sfR s
5 Why 4Rs'x sS noS y nj lese hs charge,
snd interest and compound interest etc The answer Is
bond The pound Of ID es6 sas dsn Sa
@ ~ o9nS was sGd p in words mt e
aS ne go sscS SspGSs # e
he charter could not to this GompsuS
a + should have The sxsIsye right draining these lans
mortgage upon the lands anticipation Of s1v work Ion ye
a Ss a sso BE- md
10 per sent interest thereon reskonsd from end Of each
fix their salaries at seh rates they pleased and fhat e
should collect all of these out tile 10 lie section
It commended that this would be Destructive If b
rights of private property II is evident that
company q citizens qnsG Ss
private benefit or for tho public benefit he at the time
paying all OF the expenses then Government compel ono
czan company Of citizens, drain and improve another
than the other. - - - e''
II ne can make good contract for the citizen
can make bad cont for him If allow $50
ST the hire Of negroes and 10 per interest,"
S or for tho hire of negroes and 20 per cent more
IL lean
sSs "a price and likewise give inferior
80 that the doctrines case are tho law Of The land
aste Is NJ such hlng the rights private property or
sns IN Louisiana but all power virtually exists In the
Legatnre 70 control dispose both The docIina he