New Orleans daily crescent. [volume] ([New Orleans, La.]) 1851-1866, 1856-02-04


and above the amount Of said taxes and costs, shall
be raid by the officer making the same, into the city
Il treasury said officer taking the coHptroer's receipt
counteIsigned BY the treasurer, therefor; and sale
comptroller and said treasurer enter in the books
kept by Them sid moneys 50 paid into the city treas
ury to the credit Of the person OF persons in whose
name or names the property SO sold stood assessed
upo the assessment rolls at the time of said seizure
and sale; dnd provided further, That when property
assessed as belonging to nerson persons unknown
/ seized and sold as aforesaid, said comptroller ant
said treasurer shall enter IN the books kept by then
said money! 50 paid into the city treasury, as afore
said to credit Of the property 50 seized and sold
giving in all cases description Of said property a
entered upon the assessment rolls
The Treasurer shall deposit III bank and accoun
for all monies so paid into the city treasury as the
proceeds any sale or sales Of property as aore
said, and above the taxes due thereon with costs
in the same manner he is required by this act to de
post and account for the ordinary revenues Of the
city and said monies shall be held by the city SUD
ject to the orders of the person or persons owning
1 the same. Adopted y ,sEz.
SEC ll3 Where property is assessed as peomgl,g
to nonresdents Or to persons whose names are IN
known a publication for four times, once N eacl
week for four consecutive weeks, the Official jour
nal Of the city Of New Orleans Of any rem
ere III favor Of said city for assessed upon sald
property. together with description Of the
a seized lis entered in the assessment rolls, sha pc
notice Of seizure to the person owning sald properI
assessed as aforesaid and no other notlee shal Pc
Il SEn. Id. ifhe Common Council Of the city Of New
Orleans shall employ or more persons to make !:
lst general plan Of said city, giving the dreclloh
n DC all the streets within the same together Win tei1
4. angles also, the precise dimensions OF each ana
every sare calculated in degrees minutes and sec
ons Id "a book Of plans, which shall nllfutely a.
scribe every tract square and lot Of ground within me
incorporated limits Of said city toge.nsr WIEN
A proper general index to the same. Adopted.
SEC u.s. fter said book OF plans shall nave been
completed, il shall be the duty Of the Surveyor of
said CITY to cause to be- transcribed daily from the
II sald elty me SAG hoa % al
property other than slaves situate in said city, to-
gether with all divisions and subdiy of said real
property either By private Or Judicial sale, Or other
wise. Adopted.
sEc 116 Each and every person owning a tract,
square lot of ground situate in the city Of New
Orleans, and who shall divide Or subdvide the same
for the purpose of making sale of the whole or any
part Thereof. shall before making said sale, deposit
the Office of the Surveyor of said city true plan Of
said division Or and each and every per-
son who shall fail or neglect so to do shall for each
said failure Or neglect forfeit and pay the sum OF one
hundred dollars e said city, t. be recovered before
SEC III. After said general plan, and said book OF
plans, Of the city Of New Orleans, shall have been
completed by the persons employed to make The same
said general plan and book Of plans shall be Ct all
times subject to the inspection and use OF the Asses
sors and Supervisors Of Assessments Of said city
Adopted. s ~ &U
SEC u.s. THE sum of dollars is hereby ap-
propTiated by the State of Louisiana out money
in the Treasury not otherwise appropriated to pay
one-haf the expense necessary to be incurred for
making said general plan, and book OF plans, OF the
city Of New Orleans; and the Assessors and snperyi
sors of Assessments Of said city, shall be entitled to
receive annually from said State, for fair copies Of
the Assessment rolls, made under and by virtue Of
this act the same amount of compensation which shall
ibe due them from said city. Adopted &
SEQ. =1l9. The debt Of the general Sinking Fund,
T. .latsk 31,rk1 o1.En
the late three Municipalities and Of the late city Of
Lafayette whether in the form Of bonds notes, inter
est coupons cash warrants, or any other species OF
obligation whatever shall be assumed and paid by the
liable therefor The Mayor, Comptroller, Treasurer,
and the Chaitmen Of the Finance Committees Of the
two Boards Of the Common Council shall constitute
/ Commission, to be called the Commissioners of the
! Consolidated Debt Of New Orleans: and they shall
have power to Bonds Of the city of New Orleans
having not than forty years to run, with interest,"
payable at such places may be agreed on between
Hsaid Commissioners and the parties to- whom the
Bonds are issued, in coupons, in exchange
for any bonds obligations, or debts of the old Corpor
ation any of the Municipalities or of said city of
Lafayette. whether nlatured OF not to sell the
Bonds and to apply the proceeds to the payment Of
the Hatured debts Of the old Corporation or of the
late Municipalities OF the late city of Lafayette
but to no other purpose. The bonds thus issued shall
form stock, to be called the Consolidated Debt of
New Orleans. The Common Council shall annually
in the month Of January, pass an ordinance to raise
the sum Of S650,000, by special tax upon all proper
ty real and personal, in said city, to be called the
Consolidated Loan Tax; and all ordinances, resolu
tons other acts, passed by said Council after the
first day of january in each year shall be null ant
void unless the ordinance imposing the Consolidated
Loan Tax shall have been previously passed. At the
end of each and every year, any surplus of the Con
sOlidated Loan Tax remaining in the Treasury, ate
the payment Of all the interest and the expenses
the management Of said debt, shall be applied to thu
purchase from the lowest bidder Of said Bonds ISSUED
under this act AS have the shortest period to rum fol
4 which purpose public notice shall be given by thu
Comptroller in the official Journal for thirty days IN
viting proposals from bondholders for the sale to th
\ city Of the Bonds herein described; but the Common
Council shall have the right Of rejecting all bids de
manding more than the face Of the Bonds. From AM
after the passage Of this act obligation evidence
of debt Of any description whatever except thost
herein authorized shall be issued by the city of New
Orleans; or under its authority. The Comptrolle
shall report monthly TO the Common Council the stat
of the Consolidated Debt Of New Orleans, which sail
report shall be published; and all action taken, ant
ali proceedings had ut any sitting held by the Com
missonels Of the Consolidated Debt, shall, with thu
Eayes and noes, be Immediately published thereafter
4 in tile official journal. Adopted.
4 HssEG 100. The Common Council shall, annually
the month of January, pass an ordinance, to raise
by special tax upon all property real and personal il
New Orleans, sum sufficient to pay the annual IN
terest on the Bonds issued by the city for subscrp
tons to the stocks of. the New Orleans Opelolsas
i and Great Western Railroad Company the New Or
Il leans, Jackson and Great Northern Railroad Com
q pany, and the Pontchartran Railroad Company
specifying the rate Of said tax which shall be col
4 ected at the same time and in the same manner as
81 the Consolidated Loan Tax of said city and all ordi
na1ces resolutions other acts passed by said Com
mon Council after the first day Of January in eacl
year, except an ordinance to impose said Consoi
!. dated Loan Tax and the ordinance provided for b.
this section shall be null and void unless the ord
nance provided for by this section shall have bee
s previously passed.: Propided, That when either c
\ the Railroad companies herein named, shall max
payment of dividends of six per cent per annum, o
the stock of said company held by the city, no lev
of tax for the payment Of the interest on the bond
issued to said company shall be made, but said div
5 dends shall be applied by the city to the payment
said interest and Provided further, That wheneve
said dividends shall amount to more than six per cen
I, per annum, the excess, after payment of intcres
Shall be applied to the purchase of the city bont
issued to the company making the same; it being III
derstool that when dividends for less than six pe
J cent. per annum are received on the stock OF sal
company, held by the city tax for interest shall
levied for the difference only between the amount
said annual dividends and the amount of the annu
\ interest on the bonds issued to said company
J Adopted. -My.5. Az
], SEc III. The Common Council shall elect annual
in Joint session. Voce, the first week OF Janur
one of the banks the city of New Orleans as Else
4 Agent for the following purposes, viz:
: To receive from the City Treasurer, daily, on d
posit all moneys collected by said Treasurer on
count of the Consolidated Loan Tax, taxes for Il
payment of interest on bonds issued to railroad COZ
panies in which the city is stakeholder, and to ke
separate accounts of the same, each under its prop
l 4