The New Orleans crescent. [volume] (New Orleans, La.) 1866-1869, 1868-12-09
Hoard rA..,.,ant Aldermen.

TIE board met last evening at P. NJ. President
Kearny 10 the chair. Present: hessrs. Walker,
Atkins, Fisher, Rose. Camp, PemoeIton, Grsnd-
pi6, Montgomery, Psndely. Morphy, Breen and
Farrell.
The reading of mirutes was dispensed with.
message from the mayor, returning without
bis approval the market ordinance recently adopt
ed by The Council, and TecltlDg the Onlectlols
hich IN his bonor's opinion mas be urged against
IL. IVES read. aod upon motion OF Mr.. Fisher, was
laid over subject to cal
Auotber MESSAGE from the mayor transmitted
the returns of the vote upon the bond ordnance.
IL was referred to the fBance committee.
The treasurer's weekly report was read. Re-
CENTS 500, ,207 IS I; expenditures sl54 2l9 40;
bslsnce GU hand s535 ,9S7 IS. Referred to finance
committee,
A communication was received from the city
attorney giving 10 accordance with the boards
request, statement Of the proceediOgs thns Tar
had 10 regard to the opening of Royal, Casastlvo
and other streets. Referred 10 ths commlteoe on
police and health.
Apo,her communication from the city attorney
gave an opinion sdverse 10 the legality Of irans-
fer of contract from J. j. O'Hsra TO 2. Murphy.
Referred TO streets and landings COMMITTEES.
Artsolution authorizing the surveyor 10 have
| The vhsrves and leyees of the Fret. Second THIRD
aud Fourth Di-tIicts Tut Ia perfect repair ana con-
| oiiion. came from the Board OF Aldermen aud Was
ed ed to ,hs STR I ct eis % and sSdnss conMes
The frsn"e committee submitted a proPosiuon
| from Charles Monroe, Esq, Of Paris. France. 10
loan the ciy of New Orleans 81 10000 10 specie,
~ Ger am rates end upon certain terms. aud aso
| on orcipsnoe prosidiog for the acceptance OF the
some Some tine Was consumed IN The reldlngoi
the two. st tho cOBcusisa OF which hr Fisher
moved the pubieati ton Of the documents AMI that
| then COZ sceIs siign be laid over. Tue motion to
| pubish was lOsi. aud the. matter vas then de-
| iered, subjgct 10 CALI
| TIE ordnance reads IS follows:
| WutrEAs ordinance No il50, n. s.. providing
| tor the redeH ption and absorption Of the viriols
issues Il city notes. and the relief of the dasn-
| res of the CIV OF New Orleans, etc was duly sub
| niifed to the citizsns II Ne~ Odesbs for their
| approval or di-spproval, on Saturday, Deceuoer
| oh. 1865 end the same defea'ed by the votes oil
| The ssid citjzens by a very large majority;
| AND wUERYAs, IL becomes i'm Oeratively neces.
sary that the Common Council Of the city OF New
| Ofjeap- should devise some means TO relieve the
city of her present embari isssments thst wouId
| preye acceptable 70 the tax payers, property
holoers and others directly interested in tbs we'll
| 1pb WBEgEAs proposition has been made tn
| he finance committees Of this city by Mr. Charles
Nopr, se of Paris, Frence. TO negotiate loan iof
,,ur nj ION dollars 10 coin, at rate OF interest
| no, lees thar G l00 per ceut. per annum and not
| i,sa han ,ix end a ousrter per cent per AMMAN
| f.iriing fund incIudso) and for a term not ex-
CO. ding fifty years.
| AtpWHtRrAs, the said finance committees after
| having carefully examined the propagation and
devoted 10 IL such time. attention and scru'inF as
| its IN PORTAGE demanded. have heartily snd IN.
| hesnsiingly approved of the scheme, as the most
| perfect and the best adapted to relieve the city
| from her present painful pecunisry distress;
| AND HEREAs, 20 perfect the loan thus proposed
20 he made 20 the CITY, II IL absolutely necessary
ihst the city should furnish the said Charles Mon
rose with full snd precise schedule OF her assets
\ snd liabilities mortgageahle real estate, revenues
arising from markets, wbarves, taxeS, licenses