New Orleans Republican. [volume] (New Orleans, La) 1867-1878, 1868-09-02

cases, and report faYorably thereon, with
the recommendation that all persons who
gave evidence in the said election cases, or
were otherwise subpenaed as witnesses by
committees, be reimbursed tor their time
! actually devoted to the same at the rate Of
| So per diem upon the approval of the chair
| man of the committee before whom such
persons appeared, such certificate to give
the number Of days OF actual attendance Of
said witness. The said certificates 10 be
approved by the Chairman of the Committee
on Contingent Expenses, the Speaker and
the CLERK OF the House of Representatives.
'-1D'' FRANK MoREY,
Chairman Committee on Contingent EX-
penses.
Mr.. McYean, Of Caddo, moved that the
pay of witnesses subpenaed before the COM
mittees should not exceed 81 per day.
The bill was ordered to be engrossed.
Under suspension of the rules Mr.. Carr
Of Orleans, gave notice that he would, at
some future day, introduce the following
bill:
An act TO exempt from drainage certain
property in the first drainage district Of New
Orleans.
The following bills were introduced &C.
cording to notice and were referred to their
appropriate committees;
BY Mr.. Lott, ofRapides:
House bill No. lss, an act to incorporate
the Bayou Rapides Navigation Company.
First and second readings, and referred to
Committee on Internal Improvements.
On motion of Mr.. Noble, of Orleans, the
Committee on Internal Improvements was
requested to inquire of the State Engineer
as to the propriety OF Incorporating said
company.
by Mr.. Pearce, of Livingston:
House bill No. 1877, an act to amend an
re'enact the twelfth section of an at enti-
tied an act relative to costs and fees.
First and second readings, referred TO
Committee on judiciary.
Mr.. McYesn, of Caddo, called up petition
signed by Elliott and others, and moved its
and Quarantine.
Carried, and petition so referred.
BILLS ON THIRD READING.
House bill No. l05, entitled an act to pro-
vide means for the relief of the treasury of
the State, went through its third reading
and was placed On its final passage.
Mr.. Noble, of Orleans, and Mr.. Kent, Of
St. Helena, called for the yeas and nays,
which resulted as follows:
Yeas: Abbot, Alexander, Adolphe, Col.
Inns, Calhoun, Carr, Devices, Dofresne,
Demarest, Dupart, Faulkner, Guigonet,
Gray, Hill Crawford, Holland, Isabelle.
Kent, Leroy, Lott, Landers, Morris, Mahier,
McMillen, McVean, Murrell, Melvin, Morey,
Morand, Mathews, Pearce, Page, Pierce,
Raymond, Reese, Rey, Hall, Sterrett,
Tureaud, Washington, Wren, Umphreys,
H. Williams, Yorke, Young, Heidenhain-4G.
Nays: Buckingham, Belot, Brewster, Ber.
geroD, Esnard, Garstkamp, L'Hoste. Man
sion, Noble, VIM. G. Williams, Waters, N.
Young, Zoelly-l3.
The bill was adopted, title adopted. or.
dered TO be sent to the Senate for con
currence.
The bill reads as follows;
An act to provide means for the relief of tho
Treasury OF the State.
SECTION /. Be it enacted by the Senate
and House of Representatives of the State
of Louisiana in General Assem- bly, convened,
That the Governor be and he is hereby au.
thorzed to issue bonds in the sum Of one
thousand dollars each, bearing interest at
seven and tire etenths G 800 per cent per
aunum, payable semi-annualy on the first
of September and the first Of March of each
year, lJE Lllt lONGl SUN ol Two lQlllOnS OF
dollars the principal of said bonds to be re-
deemable within forty years from their
date; and shall forthwith, by publication in
the State paper and such other papers pub |
lished within and without the State as he |
may deem necessary, for sixty days invite |
proposals for the purchase of said bonds; !
and on the day named for the opening Of |
said proposals the Governor, in the presence |
of the Auditor of Public Accounts and |
State Treasurer, snd with their concur, |
renee, shall award to the highest bidder or |
bidders the whole or any part of said bonds. |
SEC. 2. Beitiurther enacted, etc., That the |
bonds which may be issued under this act, |
with interest coupons attached shall be made |
payable to bearer. They shall be signed by |
the Governor and countersigned by the |
of State, with the seal of the State
attached thereto, and registered in the |
Auditors Office. The interest coupons shall |
be signed or stamped by the State Treasurer, |
and made payable either in the city of New |
York or the city of New Orleans, as at the \
time Of delivery the purchaser may select.
Sec. 3. Be it further enacted, etc, That
it shall be the duty of the Auditor and |
Treasurer, on the first Monday of August /
and February of each year, to set apart from |
money in the treasury, at the credit of the
general fund, an amount sufficient to psy |
the semi-annual interest on the outstand- |
ing bonds issued under the provisions Of
this act. |
SEC. 4. Be 1t further enacted. etc. That |
to provide for the redemption of bonds is |
sued under the provisions of this act, and |
for the prompt payment OF interest accrling |
the Auditor is hereby directed.
within thirty days after he shall have re-
ceived the assessment rolls from the several |
parishes and the city of New Orleans, to de- |
termine by accurate calculation what rate |
of taxation on tine total assessed value Of |
the movable and immoVable property in the |
State win be sufficient for the purpose Of |
paying the said interest and the annual
reduction of fifty thousand dollars |
of the said principal, and it shall,
also be his duty TO notify the several Sheriffs
and Tax Collectors of the rate of taxation
as ascertained and fixed for the purpose
aforesaid; and said tax as annually ascer-
tanned and fixed is hereby annually levied
upon all the movable and immoVable prop.
erty that may be annually assessed ia this
State. And It shall be the duty of the sew
eral Sheriffs and Tax Collectors to collect
said tax, and the collection of the same shall
be enforced AS the law provides or may here
after provide for the collection oil other
taxes; and as the proceeds Of the said tax
shall be paid into the treasury, the same
shall be placed to the credit of fund to be
known as the 1.-TWO Millions Relief Funl,2
which fund is hereby declared as a sacred
deposit for the sole purpose OF paying inter
est on and etfecting the redemption of the
bonds issued under this act. 8
SEC. .. Be it further enacted, ETC., That
it shall be the dutyof the Auditor and'rreas-
urer, at least once in every year, to give
public notice for thirty days id one or more
newspapers published in the city Of New
Orleans and New York, Of the amount In the !
treasury applicable to the redemption
of the bonds issued under the provisions
of this act, aud to invite scaled proposals
for the sale of the same to the
State OF Louisiana, which sealed proposals