New Orleans Republican. [volume] (New Orleans, La) 1867-1878, 1870-06-16

OF mortgages shecting property between tn
lower line Of CArrollt6n and the lower I'M
o. the late Je6efson City, at 8 cost ''snoI
|1xceedipgn 81. 50 per inscription. so1 -
! eltis due v M. AcC0emsck to ~ that h(
apDsas 70 Asye hsdnothiaga 10 do with ths
originated BY faV uotaSies Of the parish
of Orleans IL their own convenience, 10 ave
them the trouble of sending to Carrollton
for certificates Of Jefferson City property.
Ii has aevsv been oeuside tered . great hard.
ship for ysedors --of property within . for.
MGR parish or county, ~ has happened
hundreds Of times il different States I'd
have searches made and certifcateA gfvel
In the former district. a,i ID i u !. 800 !
Even II II n the duty Of the city of New
Orleant to provide for the convenience d
thess vendors In all cases. 1t could send Z
SmsseeBger for all that are required II I
aud expenses for lessthan half the interest
on the cost ofsuch job.
These records OF the parish, OF Jefferson
ere public, esd the city Of New Orleans
ahould have theiright TO make ito own con-
TRACTS for what Il hasuto pay Whether the
Get 10 valid and binding upon the city, OF
should be contested from the beginning. IL
D question on which Lsuggest that the City
Attorney be consuated. ssT 70 ,.s-a .sssa i
SECOND CLASS FLOATING DEBT. srF
One or the geat objects of the act creating
the preaept form OF city government was t.
,dispose OF the floating debt Of the city. %
a., not to be q embarrassment to the Ad-
ministrators. The avowed design was to
enable then 70 fund all floating
claims; and :. apply the current resources source.
81 allinterest and the gradual sihkipg 81 ne
debt y process jus: =. rud impartial to all
: But lie chatter, in the financial sect,ons,
has proved itself crude and imperfect
Dc confessed n its designers and advocates
The deAnitiouof the Aoatlng debt is marrow
and restrictive, and no provision whatsoever
is made for claims end debts not strictly
enunerated. II is encouraging to know,
however. that the fosting debt claims pro-
yided Tor by tie Charter can all be paid. and
more than pap, by the three million bonds,
the. Administrators no difHculty TO Cripple
With except What may be denominASed the
second class t0ating debt. Second, not BE-
cause K h inferior II its binding or validity,
or IN the .valie il should command in the
market. II in our power TO make 1t
equal, 70 whG fs merely ranked a. drst.
becAube provided for In q peculiar. way
By the eharteI and named drst in order.
respectfully submit an ordinances. which
may serve as basis, and amended and rem.
dered more perfect by the suggestions Of
Ooancih may relieve tha city from, the cou-
slant pressureof claims existing prior to the
going Into effect Of the present charter.
An urdipance 70 provide for the relief Of the
CREDITORS OF the city. holding claims not
provided for By the city charter. =
6EcFIox l. Be il. ordained by the Council
Of the City Of New Orleans, That alt holders
of claims Except judgmenta) against the
city Of New Orleans, insured prior 70 the
fourth Of April, 1870, or under contrscts e1-
lstiDg at that time shall, upon application
10 the Administrator of Public Accounts and
the surrender Of their evidences of debt for
that purpose, and on his report and the ap.
pruvaf of tie Council. be entitled to cert.
Or in defallt OF approval the evidence Of
debt shah be returned. .i'.s' f,eroes -
SEC. 2. Be It further ordained, That
such debt. it srising from registered bill,
shall bear interest from the approval Of the
Finance Committees, or II passed by resoln.
lion, then from the date OF the resolution.
Bat il arising from any other form Of debt
than re2istered bill the certificate shsll
bear interest ut the rate of seven per cent
per annum from the issue OF eal0 ceftln-
cate. So % - -'f O. -1e'1- :
! SEC. 3. Be it further ordained, etc., That
inch interest, al the rate Of seven per cent
per annuH, eball continue until further
md otherwise ordered by ordinance of the
Council or by act Of the Legislature pro-
vided, thakin case of suit against the city,
The same shall terminate from judicial de.
Dand, and the catyu shall not hold itself
liable to pay more than, the legal rate Of
i've per cent per annum interest from the
of such suit. ,r,f q .-- ID
SEC. 4. Be it further ordained, etc. That
he first payment of interest under this or
finance shsll be due on the first of July,
1870, for interest running back six months
y more, and On the arst of January, ISL. in
III other cases; aud thereafter semi-an.
nually until tie extinction or liquidatioa of
he debt or the repeal or modification of this
ordinance by ihe Council or the Legislature.
SEC. 5 Be il further ordained, etc., That
he certifcates shall name the principal due;
and the time from which interest shall be
and shall. refer and be SUBJ
ect to the terms of the present
they shsll be signed By the
Mayor and Administrator of Finance, and
attested aad Ngissefed by the Administrator
3f Public Accounts. They shall be payable
20 the original holder Of bearer, and shall
I'D
: suggest that this ordinance lie over for
aud careful consideration, or the
OF. any other plan which your
wisdom, or the advice of business men, msy
suggest. a..
Administrator of Public Accounts.
From Mr.. Bonzano: f.- = Tsf.s-1f ii
Report by the Administrator of Assess,
ments on the, petition of Mary G. Shep--
herd, widow. lady, residing at No. 223
Camp street. third assessment district.
New Orleans. -. .l......-,' ~
- DEPARTMENT OF ASSESSMENTS, !
City Of New Orleans, june ID, 1870
Information regarding Mrs. Shepherds
lee de me TO believe that che
did not own taxable furniture in 1S68-that
The assessment is erroneous. 2shf -E
I recommend remission of tax only, she
paying all other expenses and fees, and offer
lie Following resolution. p
very "'pec''oN II. BoNzANo, II
Administrator of Assessments.
RESOLVED That upon the payment of costs
Of court, Attorneys commissions, Sherifs'
fees, ETC., Mrs. Mary G. Shepherd be and is
hereby relieved of the payment OF tax on
furniture Tor the year 1868, and that the
Of Public Accounts is author.
lied to make settlement accordingly. -
The report was received and the resolution
adopted. +, Ist,. 30
From.Mr. Bonzano: .' s.'i' -
Report by the Administrator of Assess
ment on the petition of C. j. Shepherd,
commission merchant, No. IL Union
street, Fourth Assessment District:a -.
DEPARTMENT OF ASSESSMENTS
skv NJ NA0 Inn 4
Petitioner finds himself delinquent tax,
payer, who has been absent from the city,
and who failed to have his tax bills looked
aftar. He is willing to paw his taxes now.