New Orleans Republican. [volume] (New Orleans, La) 1867-1878, 1868-07-25

I
motion was received and accepted:
Rooms OF THE COMMITTEE
On Internal Improvements,
New Orleans, La, July g. 1863
| To the Honorable th House of Representatives Of
! the State Of Louisiana:
Your committee, to whom was referred
the act relative to removing distractions
and wrecks from the Boquefalaya river,
Parish of st. Tamnany, beg leave to report
| favorably, and recommend the appropria-
tion to be made as asked for.
(Signed) A. j. DEMAREST.
Chairman.
JAMES MCCULLEN,
W. c. MELVIN,
NJ. G. RAYMOND,
W. @. WILLIAMS.
NOTICES OF BILLS.
By Mr.. McMilllen, of Carroll
An act to confer jurisdiction in certain
cases to the Third District Court of the Par
ish of Orleans.
BILLS ON FIRST READING.
By Mr.. Belot, of Orleans:
Bill No. 65-An act to fix the salaries of
each of the two Coroners designated by the
new constitution of 1865 and elected
by virtue thereof, the one for the First and
| and Fourth Districts and Algiers, and the
| other for the Second and Third Districts of
the city of New Orleans, parish of Orleans.
By Mr.. Guigonet, of Avoyelles:
Bill No. 64-An act to enforce article l5l
of the Constitution of Louisiana.
Under suspension OF the rules, Mr..
Page, of jefferson, called up his bill No. G2,
which was placed on its second reading,
and on motion of Mr.. Pratt, of Claiborne,
$50 copies of the bill were ordered to be
printed,
An Act for the purpose of suppressing the
issue of the certificates or notes known
as City Money, issued by the city Of New
Orleans.
Be it enacted by the Senate and House of
Representatives of the State Of Louisiana
| in General Assembly convened:
| SECTION /. That from and after the pas
| sage of this act, the Treasurer of the City of
| New Orleans shall not pay any bill or other
| demand; amounting to one thousand dollars
| (Sl000) or more with certificates or notes
! known as City Money, and from and after
the first day of November, 1868, the said
Treasurer is hereby prohibited from issuing
| for the payment of any bill or claim what
ever what is known as City Money.
SEC. 2. That after the passage of this
act, for the payment Of all the current ex-
penses OF the city of New Orleans, until
! such time as the Treasurer is relieved from
| its present financial embarrassment, the
| City Council shall order the Controller and
| he is hereby authorized to issue his war
! rants payable in certificates of Indebtedness,
! bearing eight per cent. interest per annum,
payable in United States currency and to
| be redeemed whenever the City Treasurer
| has United States currency for that pur-
pose; said certificates of Indebtedness to be
countersigned by the Mayor, and to be
numbered and registered in suitable book
kept for that purposetn the Controllers
office.
SEC. 2. That it shall be the duty OF the
| City Treasurer in his weekly report to no
| tify the public through the City Council OF
! the amount on hand in United States cur
rency which can be applied to the re-
| demption OF such certificates OF indebted
ness. He shall begin with No. l, and re
deem from time to time as many as the
funds will cover; and he shall take them in
order in which they were issued.
SEC. 3. That it shall be the duty of the
City Treasurer in his weekly report to no
tify the public through the City Council O.
the amount on hand in United States cur
rency, which can be applied to the re
demption of such certificates of indebted
ness. He shall begin with No. l, and re
deem from time to time as many as the
| funds will cover; and he shall take them il
the order in which they were issued.
SEC. 4. That all employees and all persons
hereafter contracting with the city shal
| and do agree to receive such certificates o
Indebtedness in pay of their claims agalns
the city, as provided in this act.
SEC. 8. Should the holders of the certi
ficates of Indebtedness from any cause fail t
have presented for payment their certlh
Gates of Indebtedness, after public notice
has been given that the city is ready to pa,
said certificates of Indebtedness, the accru
ing interest upon them shall discontinue
from and after the time Of such publI
notice.
SEC. 8. Be it further enacted, That tn
city of New Orleans is authorized and re
quired to collect every year from the own
ers of real estate a tax of Onehalf OF on
per cent, in addition to taxes collected fo
other purposes, until enough mas pee ss
collected to redeem all the floating certln
Gates or notes known as "city money g
New Orleans; and that the first years in
stallmcnt or tax shall be due on and ate
the passage of this act, and shall be collect
ed within the year 1868.
SEC. s. That for the purpose of gettin!
out Of circulation the city money as fast q
possible, all taxes becoming due to the ci
may be paid one, two, or three years in ad
vance; and when paid in advance the las
made assessment roll shall fix the amour
of tax to be so paid. 1t is provided, how
ever, that when improvements are attel
ward made, so that additional tax should b
paid thereupon, the taxes upon sue
Improvements must be assessed and pal
thereafter.
SEC. I. That If by strict examinatio
made during the year 1869 it be found tha
the provisions of this act granting the co
| lection of an annual tax of half OF one pc
cent will not furnish enough to liquidat
these city certificates or note
known as city money during tn
year 1870, then the City Counc
, may increase this tax, and they shall thert
after emf, rec the collection of an annu,
tax of three fourths of one per cent, an
, continue the same annual tax until enoug
has been collected to extinguish the whol
amount of the city certificates or note
| known as city money.
SEC 8. An the plates for the printing G
making Of the certificates or notes know
as city money" Qfany there are) remainin
in the hands of the officers of the city or i
the hands of the printers, or in any othe
place, must be destroyed. All blank sheet
of certificates or notes known as "cit
money! on hand, and not signed or onl
partly signed, must be destroyed.
Should any of the said plates or blan
sheets be found in the possession of an
f person or persons afuer the first day {
2 October, 1868, it will be considered in VIZ
: lation OF law, with the intention of con
mitting forgery and all persons SO oden(
ing shall be prosecuted as directed Tor Tn
punishment of forgery.
: SEC. 9. All city money necessary for tn
payment of the demands permitted to b
: | paid with this Getty money! up to the frs
1 Of November 1868, as provided by sectio
3 first Of this act may be retained for this
!, purpose. All certificates or notes know
as f'city money! not wanted for tht
}. purpose must be destroyed. All cert
J, fc les or notes known as ''city money
paid into the treasury after IL
first of November, 1868, and the certli
ctes Of Indebtedness when redeemed
: the city, shall at the same time they al
0 received. be defaced by whomsoever sha
J, receive them, in the same manner as II