The New Orleans crescent. [volume] (New Orleans, La.) 1866-1869, 1868-12-03
fROCLAMATIoN NJ THE MAYOR.

MAYORALTY OF New ORLEANS.
City Hall, Nov. 81, 1868.
WHEREAS, The Common Council of the city Of
new Orleans, by authority of law, having passed
an ordinance for the redemption and ABSORPTION
OF the various issues of city treasury notes and
the relief OF the finances of said city to be sub.
mitted TO the approval or disapproval of the
qualified voters OF said city, at special election
conducted in accordance with existing laws and
ordinances; and,
WHEREAS, The said ordinance having been an
proved by me and promulgated according to the
provisions OF the city charter,
Now, therefore, l, John r. Conway. mavor of
tbe city OF New Orleans, by virtue Of the power
vested In me, and conformably to the provisions
Of SAID ordinance. true copy of which is here.
WIN appended, 90 issue this my proclamation.
submitting the same to the qualified voters of the
city OF New Orleans for their approval or disap.
proval, for which purpose the polls will be opened
IN the various precincts of the wards established
ior voters at the late election, said election to be
neld on saturday, the fifth day of December A.
o'NIoet .s.i s u. o'clock P. M of said dsv
ana the returns made to the mayor, sgreeably to
section seven OF said ordinance.
In testimony whereof have hereunto set nv
hand and affixed the seal of the city of New Or.
leans, this 2lst day of November, A. D. 1865.
JOHN X. CONWAY, Mayor.
MAYoRALrY OF NEW ORLEANS
City Hail. Nov. 10, 1868. (
mo. 1l30-N.S.1
AN ORDINANCE PROVIDING FOR THE REDEMPTION AMI |
ABSORPTION OF THE VARIOUS ISSUES OF CRY |
TREASURY NOTES AND THE RELIEF OF. TIE |
FINANCES OF THE CITY OF NEW ORLEANS, TO BIZ |
SUBMITTED TO THE APPROVAL OR DIsAPPRoyAI |
OF TIE QUALIFIED VOTERS OF THE CRY or
NEW ORLEANS.
. WHEREAS, The Common Council of the citv of
New Orleaus has exhausted every means within
lner direct control for the relief Of the finances
Of the city and
WHEREAS, They have applied. without success.
Tor assistance from the Legislature of the State
oi Louisiana; therefore
SECTION l. Bet ordained blythe Common Coun.
~ q zee cay q Ne'o Orleans, That the mayor,
controller, treasurer and chsirmen of the finance
committees OF the Common Council be and thew
ne hereby authorized to issue bonds of the
'lty of New Orleans in and for the sum OF
so;o 0oo VOO) three million dollars dated December
J, 1865, and payable twenty five years after date
the legal currency of the United States. and
'esrDg interest at the rate of seven and three.
en,hs OF one per centum per snnum, in semi. az
ual coupons.
SEC. 2. Be IT, further ordained. ETC.. Tba. ,bsse
onds shall be used exclusively for the purpose of
DsorDing the various issues of city treasury |
otes, and shall be offered for sale in city notes |
% under no conditions shall be sold for less than
ar.
SEC. 8. Be IL further ordained, etc.. That in ad.
l,lon to the present taxation tax of az one
ourh OF one per cent. be levied annu-
ny on the assessed value of all real and per-
Dnai properly and on the amount of each
ID every license paid into the city treas.
~ oy the party following the profession
censed within the corporate limits of the CITY of
ew orleans mot exempted bylaw from taxstion).
"a tnat the same be and is hereby set aside and
legged to be used solely and exclusively for the
ayment OF the interest and the re-
'mptlon OF the bonds to be issued by virtue of
is ordinance, and that this annual tax shall be
posted daily. when collected, in such bank ia
e Guy OF New Orleans as may be designated by
4
SEC d. BE u further ordained, ETC.. That the | a
'nds to be Issued under the provisions of this or
nance De and the same are hereby exempted "
ON taxation by the city. \
y notes received liz exchange for or in purchase A
the bonds to be issued under this ordinance |
all be cancelled and defaced daily as thew 4,
~ received INTO the treasury, and whenever they
ali amount to the sum Of one hundred thousand | m
liars, shall be publicly destroyed in the manner Cd
escribed by existing ordinances "
SIC. 8. BE IL further ordained etc., That all qu
1iDances or resolutions conflicting with this or. re
lanee De and the same are hereby repealed. ct
a mat this ordinance shall take effect from
q after Its approval by majority of the quail.
voters of the city Of New Orleans voting at a
ecis election to be held under the provisions of
8 ordinance.
SEC. Z. Be ttfiuther ordained etc., That after
days proclamation by the mayor in the official
rnal OF the city of New Orleans, the quail.
voters of the city of New Orleans be called
On 10 approve or disapprove this ordinance.
. Votng sfiirmatively to have printed or
itien on their ballots, !" For issue Of bonds:n
se voting negatively, against issue Of bonds.n
ne polls TO be opened and the election con-
'ted IN accordance with existing laws and ordi.
ices, and returns to be made to the mayor
persons registered under the late registration \
OF the State to be considered qualified voters. ma
Signed) THOMAS MARKEy. gl
- President Board Aldermen. :
ogned) JOHN BRERN, ID
pproyed Nov. H. 1868.
olgned) JOHN z. CONWAY Mavor