New Orleans Republican. [volume] (New Orleans, La) 1867-1878, 1868-03-26

AhN AbAAOWAh5 WV AAAS99DeSS 1870 va
Mayor were read and received:
MAYoRALTY OF NEW ORLEANS I
City Hall. 10th Day Of March, le6S.
To the Honorable the Board OF Assistant Aldermen
GESTLEMEN-I hereby return, without my
signature, the resolution authorizing the
City Surveyor "tO build a bridge across
Claiborne canal, at the foot of Felicity
road, y for the reason that contract already
made with Daniel Mulligan for building
said bridge would conflict with the author.
ity thus given to the City Surveyor.
Very respectfully,
f. HEATH, Mayor.
MAYoRAITY OF NEW ORLEANS, !
City Hall, 18th Day OF March, 1893. !
To the Honorable the Board Of Assistant Aldermen
GENTLEMEN herewith return, without
my signature, resolution authorizing the
| City Controller to issue g certificates of in
| debtedness of the city of New Orleans" in
asmuCh as the ordinance adopted by the
Council for the sale of the stalls in the mar
kets, with view to the redemption OF the
city currency, has already gone into opera
ton, and those resolutions by pledging the
revenues of the markets for the redemption
Of the city notes are in conflict with that
+. HEATH, Mayor.
The following message from the same
officer, and resolutions accompanying, were
read, and referred to committee Of the
whole of both Boards Of the Common Coun-
Gil, to meet on Saturday evening next at six
O'Clock, at the room of the Board Of Assist
ant Aldermen:
~ lNAYoRAI.rY OF NEW ORLEANS,
City Hall, March a. 1865. I
To the Honorable the Board of Assistant Alder
men:
GENTLEMEN-City money having ceased
to circulate as currency, the pres
emit is an opportune moment to
withdraw it from market. l there
fore recommend the immediate adop-
ton of the accompanying resolution, if, in
the wisdom JIyOur honorable body, it shall
be in accc dance with sound policy and
good judgment.
The advantages to be derived from the
adoption of the policy recommended are
|. That it will remove the pressing LA
bilities upon the treasury for one year from
the dates of the certificates.
2. 1t will graduate the payments made
to the daily necessities OF the city govern
ment, being paid out TO meet the daily liza.
bihties, and falling due one year thereafter,
it will have the effect of anticipating the
taxes payable next year, without calling
upon the people for them until they really
become due. H.-s
8. It will silence the charges against the
treasury department Of giving one man the
preference over another in the payments as
they become due
Very respectfully,
=. HEATH, Mayor.
Resoloed, That from and after the passage
of this ordinance the city treasurer be and
he is hereby prohibited from issuing or pay.
ing cut any mere city notes Of any demon
SEC. !. That the treasurer be and
he is hereby authorized to issue
certificates of Indebtedness, bearing
eight per cent interest per an
mum, payable one year after date in
United States currency, and receivable,
both principal and interest, after maturity,
for aay debts due the city Of New 0rleabs,
said certificates TO be countersigned by the
Controller and Mayor, and to be numbered
and registered ia 8 suitable book kept for
that purpose In the Contr0lleris office; the
same to be used in payment of all the liza.
biiities Of the city except the interest on
the consolidated debt aud railroad bond
its present financial Embarrassment,
SEC. B. That city employees, snd persons
hereafter contrasting with the city, shall
be required, as 8 condition precedent TO
further employment, and to the entering in
tOofsncb eORtraefss "a egree 70 receive such
certificates Of Indebtedness in payment Of
their claims againBt the city,.
fatlAIa s. DC x fttl fcSOlC1us llAhl
holding city notes win have the right to
invest the same III such certificates III 4
SIC. 5. That L shall SSe the duty Of the city
treasurer 70 notify the public through bis
weekly report % the Council Of the amount
on heud in United States currency which
can be applied 20 the redemption Of such
eertincatest and thst he Is ready to paw the
as m " 81 the fund 70 reported will cover,
taking them in the order IN which they
we're Issued; AID from and aiieF such noti-
tcation the interest Oh said certificates
shall cease. =
sse.s. That all blank sheets Of city cur,
renue on aand and net signed be destroyed
at the next burningof the city money, the
same to be reported according TO law.
SIC 4 Res0iged, That the City Treas
urery Controller, and Finance Committees
are Hereby Instructed 70 destroy al
city Aotes paid into the treasury
from Af7 soaro0 whatever, from time
TO time, whenever the amount may have
Rccumnlste Is sufficient quantity, and
rsport the acme % the Common Cornell
see. 8. That aIl fotdiuaoceS and parts Of
ordinances ia conflict with he foregoing be
ard the same are hereby repealed.
report Of ERE ItsfeF lsr she two
ending alar6h d. isls sho9ing Fe.
1ieis 8lsa, l04 IA. ezpenditlras ssss, SIS 50,
aslapee On hand $50. rs W. s refetred
70 snauca Oommittee.a e1errr
xha iqilosing communicates, also from
the g Nas read and % 49, a. Re.
ferrea T. tae cry Attorney fen tdYi
..z..,. sl-lr-sS c.str 49,.
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