New Orleans Republican. [volume] (New Orleans, La) 1867-1878, 1868-12-31


uon, whether in the form Of attorneys fees
or Judments in damages. or in any other
manner, 1t being well understood that the
city OF New Orleans assumes no risks, ex-
cept in so far as the Canal and Claiborne
Streets Railroad Company insures the city |
against all losses or damages.
Upon concluding the reading of the above |
ordinance, Mr.. Fisher moved that it be
adopted and concurred in.
Carried
Upon motion of Mr.. Fisher the rules were
suspended and the ordinance placed upon
its second reading.
Mr. Breen moved to amend by inserting
a proviso that the bonus paid by the Canal
and Claiborne Streets Railroad Company be
increased to GIG of one cent per passenger
carried.
On motion of Mr.. Fisher, Mr.. Breen's
amendment was laid on the table.
Mr.. Aitkens moved to postpone cons'dera'
ton until the next regular meeting.
Mr.. Fisher moved to lay Mr.. Aitkenss
motion on the table,
The yeas and nays were called, resulting
in the adoption of Mr.. Fishers motion.
Yeas: Messrs. Rose, Walker, Montgomery,
Grandpre, Fisher, Pandely, Wynne and
Farrell.
Nays: Messrs. Athens, Pemberton, Camp
and Breen.
Mr.. Fisher, upon the result of the above
vote being declared, called the previous
question, which call prevailed by the fol
lowing vote:
Yeas: Messrs. Rose, Walker, Camp Mont
gomerY, Grandpre, Fisher, Pandely, Wynne
and Farrell.
Nays: Messrs. Aitkens, Pemberton and
Breen.
The ordinance was then, upon its second
reading, adopted and concurred in with the
| folio wing vote:
Yeas: Messrs. Rose, Aitkens, walker,
Pemberton, Camp, Montgomery, Grandpre,
Fisher, PandNly, Wynne and Farrell.
Nay: Mr.. Breen.
Mr.. Fisher moved to reconsider the vote
by which the ordinance had been finally
concurred in, which motion was laid upon
the table.
Mr.. Breen here took the chair, Mr.. Pan
dely retiring for the purpose of introducing
the following communication, which was
read and ordered to be inscribed in the
minutes.
New ORLEANS, December a. 1868.
| To George Pandely, Esq, Member Board Assistant
| Aldermen:
DEAR SIR---Having seen several plans pro.
| posed for the withdrawal of the city cur.
| rency now SO embarrassing to the city
| treasury, to all of which objections have
/ L.. Z
! ventured to suggest project for law hav-
! ing less objections, think, than some Of
the other plans, and which l send you here
| with tor such use as You choose to make of
| it. | have shown it to many persons well
| versed in such matters, who have a deep
interest in the city's welfare, and have the
! satisfaction to find it meets with the ap.
proval of all to whom have shown it.
Having the fullest confidence that its
adoption would result in the prompt and
entire restoration OF the City's credit have
| no other objection to connect my name with
| it publicly, than the consideration that
being myself at the head Of the institution
| which | have suggested as a proper fiscal
agent, might lead some to infer my sole oh
! iert to be the benefit of the bank and thus
! jenDHrdiZe the success of the plan.
This, however, ! leave to your good dis
erection, and remain respectfully your ODE
| dent servant,
JOHN u. GAINES.
The reading of the proposed act accom-
panying the above communication was
called for, when upon its conclusion Mr..
fandely moved that it be printed with the
| official proceedings.
motion to lay Mr. Pandely's motion on
the table was defeated by tie vote.
Yeas6; nsys6.
The board here entered. interrupting fur.
Their proceedings on this question.
Joint Session.
The Common Council went into Joint ses-
sion, Mr.. Markey in the chair and quorum
present. t
Mr.. Kaiser called for the reading of the
following communication:
SOUTHERN BANK
New Orleans Deoe Der %, 1865.
To the Honorable the Common Council of the City
of New OIeans
GENTLEAAEN-The Southern Bank will act
az the Fiscal Agent of the city il elected,
and use its best eudeavors to assist in the
restoration of the credit to which the Sc
curilies of the city of New Orleans are so
justly entitled.
Very respectfully,
Your ohedient servant,
The Chair declared nominations for Fis-
cal Agent now in order, when the following
named banks were placed in nomination:
Southern Bank, Citizens Bank and Me-
chanies' and Traders Bank.
The vote was had, resulting as follows:
Southern Bank Is, Citizens Bank 5, Me-
chaniss and Traders Bank l. The South
ern Bank haVingreceiyed a majority of the
votes cast, was declared duly elected Fiscal
Agent for the city of New Orleans.
Mr.. Pandely moved that the Southern
Bank be declared the Fiscal Agent by the
unanimous choice ofthe Common Council.
Adopted. +.-
The Board of Aldermen having retired,
the Board of Assistant Aldermen resumed
business.
Mr.. Pandely here introduced the follow
ing resolution:
RESOLVED, That special committee, COM
posed Of the chairmen of the Finance Com
miltees and of three members from each
board, be appointed for the purpose Of urg-
ing upon the Legislature and State authori.
ties the passage of the act drawn up by
John G. Gaines, Esq the purpOrt of which
hCt Is 70 pTONiut iDr Jne Te0e mUIlOn OF the
city's notes aud the payment of Its floating
debt
On motion of Mr.. Pandely, the above re,
solution, together with the proposed act,
was made the special order of the day for
the next regular meeting.
Mr.. Pandely then moved that the act re,
ferred to be printed in theiofiicial proceed
ings. .H=H il