New Orleans daily crescent. [volume] ([New Orleans, La.]) 1851-1866, 1866-01-01
No. H.

sf8 IT, $780,, NeW orleans, Dec. 2SS sG5. +
Ia accordance with the provisions of M act Of
ihe General Assembly, hereto anne re6 ,ronosaIs
5# Are invited and will be received for tbfty dave
s$eA January 3lst 1865, for the nurbase oi
cHAsg,e 9tson Of dollars Of bonds of the st.te noya
III ~ u twenty years, bearing interest PAYABLE
r- annually at the rate of eight per cct,,m ner
anslii and secGAeSfI by the pledge of all the pro,
sN ceeds Of the sales of the public OF rs@amp lands
belonging to the State RES "a
Y; Bids will be received as low as one Thousand
dollars, to be addressed to the Governor Of the
State and Endorsed " Proposals for the Purchase
HI Of Bonds.p
M = For tie information of capitalists andothers who
may wish to investin these bonds. statement is
iah iannexed, prepared by the Register Of the Land
rasa. Notice, showing the number Of acresof swamp
En- ylands remaining unsod, and from which, it will be
Cas- seen, the security offered for the redemption of
Yer the bonds and the payment of the aecning inter
"a ~est, is ample and certain. With the present depre
Gcation of paper currency below the standard of
~ gold, these bonds offer Inducements fornvestment
mission capital that fail to be appreciated by the
or tnoneyed men Of the country.
]. MADISON WELLS,
ns,, Governor Of Louisiana.
OF theGs INa $751;
~ sss ACT TO AUTHORIZE THE GOVERNOR TO ISSUE THE
81 - ine 4 BONDS STATE FOR AMOUNT eSE
q MILLION DOLLARS AND PROVIDE FOR THE
a. PAYMENT OF THE sAMETo pEFBAY THE EXPENSES
4sppee OF BUILDING LEvEEs, II ACCORDANCE WITH THE
~nAis CONTRACTS MADE BY HIa AND THE LEvgE CoNAIs-
& M sIoNERs, ArP0ISTED FOR THAT PURPOSE.
xyHNs SECTION. l. Be Ii enacted by The Senate and
House Of Representatives Of the STATE Of Louisi-
qna in General assembly, conuened, That the
2 Governor Of this State is hereby authorized to
issue the bonds Of the stat to Designed by him,
A and countersigned by the Secretary of State, and
sealed with the seal of the STATE, in sums as he
- shall think proper, up to the amount Of mil
n dol nd
ii iag interest. payable senannl y, at the rate of
~ eight per centnm per annun.
SA*s SRe O. Be Il further enacted, ETC.. That the
49oyernor in conjunction with the Board Of Levee
Fomrnissoners shall advertise for thirty days in
Mic official paper and two otler papers published
III the city Of New Orleans, ~ proposals for the
y nuFcbase Of the bends issued luder the provisions
~ this act and upon the receipt Of the BIDS The
r IG.yernor and Board of Commissioners shall have
~ ,bs mower to accept or reject tie same, as they
WI Nv deem best; provided thatn the event of the
sAE a being under par and rejected, the Governor
$xa u RES Roard of Commissioners shall be ana are
rHd nsl H. a,,therzed to pledge aid bonds any
re,np thereof to borrow the ipner necessary to
iaborsrs r, out tie provisions of ts Jet, until the
M IN 1a,atHre shall otherwise aoi he or direct.
asenS@hasR g. Bet further ,eaackl etc,, That to Sc
&sggs S a. pavment ofthe said buds and all interest
Tran I'M accrue thereon, alAe proceeds of the
IN Btle public or swamp lanG belonging to the
~. Now .'. ls sasa, are hereby pledged.
ID, A. Be it further enacted &C., Thatif during
y ~ ~vear the proceeds of te saleof the Public or
$500 lamp Easads belonging tothe Safe SO pledged
5 III / the redemption of saidbonds after reservipg
amount sufficient to meet the interest coupons,
Sere should be surplus, said surplus shall be ap-
led TO the purchase from the lowest bidder of
PHI bonds issued under this act, aud the Governor
|5 IVA the Commissioners Oh apaioriB Of them, shall
ls 1--we the right Of rejecting all Dds, demanding
ks lore than the face of the bonds, Or which pur-
bic, public notice shall be given " the Governor
Il the official gazette and one othe gazette in OF
hi Of the State, for sixtyday hitting proposals
tom bond holders, for the sale of he bonds here
X feA 81 ~ m described. ,z.3is H. H.
II Sec 5. That this act shall take eject from and
IL XII fter date.
~ Qsgned) DUNCAN CAGE,
H As M3 Speaker of the House of representatives
n M III (signed) ALBERT WORRIES,
eutenant Governor and PresidenOf the Senate
Improved December p, 1865. Seq
(signed) ]. MADISoSWEILs,
Governor of the Site afLauisiana
ruecopy: 5as 9*aaA9 aTa
a j. H. HARDY, 20,
z