New Orleans Republican. [volume] (New Orleans, La) 1867-1878, 1872-10-30
MAYORALTY OF NEW ORLEANS. I
City Hall, October %, 1872. )
gdministratinn Series.


| post Company described herein.
Be it ordained by the Council Of the city of New
| Orleans, That the Mayor of the city of New Or
leans is hereby directed to enter into notaral con
| tract with the Louisiana Savings Bank and Safe
| Deposit Company in accordance with the terms of
| this ordinance, as follows:
| Bank and Safe Deposit Company shall at ence com
| mence to pay, on behalf of the city, in lawful
| money of the United States, to the amount of
s45OOoO, various evidences of indebtedness of the
| city of New Orleans issued previous to the date OF
| this ordinance, as follows, Iamely:
|. Certificates OF appropriation.
} 2 Certificates issued by the board Of school d.
| rectors and now receivable for taxes:
3. Tax warrants of the city receivable TOR CAKES.
| 4. Metropolitan Police warrants
The same shall be paid at their face value, and
at the rate OF not less than s 1900 per week com
mencing November 4, at the banking house OF the
! Louisiana Savings Bank and Safe Deposit Com
! Dary and under such regulations as said bank
snail prescribe and the said city obligations shall
/ be delivered to the Administrator of Public Ac-
counts weekly and his receipt taken therefor, and
7 as compensation for labor and expenses incurred
said bank shall be entitled to receive one per cent
of the amount so paid out
! Second-That for the month of November, 1872
I the Louisiana Savings Bank and Safe Deposit Com
pany sha! pay the current expenses of the city III
cash, to the amount of 5 l25!o00, and the same
| amount for each of the months of December, Jan
uary and February following; provided that the
whole cash Indebtedness of the city of New Or
| leans to the Louisiana Savings Bank and Safe De-
I pOsit Company, including the sums already loaned
by said bank, shall not exceed the sum OF 3 $50,
! 000, which shall be the maximum amount to be
advanced by said bank.
| Spr , 4ra+-7rbat for and in consideration of
/ the aforesaid loan of ) 100000, the city of New
! Orleans does hereby bind itself to issue no more
F ~; te1ass ~ nv Ina vrIoteTer before ta
| fifteenth day OF March, 1873, except in fuhlment
;oS,,5 - as aI1+IcSizad Nv aot Of ne Tag;sIS
ture by the terms of this ordinance.
oecotd-I94I LOT anu III Sllslt Ei or quo
bjnIs iJseif to- rnntinIa te Louisiana Savin1s
Bank and Safe Deposit company as Fiscal Agent
Enf 0rtohaT 1877 nnitss said TnTisiana SayinIs
! Rank and SAFE Denosit Compsny should sooner, Of
ia own accord Teiinnuish the same: that until
sid date Of fhe tJvprfTsiyth nav of October I3-
aaid TCnisiana Sayinos Rank and Safe Dpnosif
I Tnna,YC shaII he +ha 5enOsitorv of ali fhe fnds
! Of tba c;+v 0f Nav Orleans in accordance with
tfTaT+aan rs art M - of the Te9sla+n~e
Of Louisiana of l872 and that Tie citvP of New or
leans viii not attrupt in snv way to disturb sad
I TGnfsisna Savin@s Rank and safe Drnosit Com.
nam in the mi eDioympnt and Dossession of all
ia ,ify1ts an6 mi vi 4gns now beIonUino tn il IA
kis5aI 7sgarf Of fha ,tT ~ Saz5 OTr5ns INT will
! ororart + il, thp same
S1oo's S ~ sen
IhHu-T 1aC Ihe SlL3 ~ EeT ysessils aeeS 20
a%f anu goes LeEeD4 aver me mn u 5!nie az
N 10, Y 'G us Pt? u g ~
70 u-2, ~ s'oo 80 - 81 g 10 IL
lLo ''9 pa3Se " SaG VI j q" , 1 - icy
o. VClogeF o. aud IN - s@d % ~ n;
10 ~ st,1 I'd pa f "l 81 Z ; Ina
%ontpanf ~ heieoJ sLtiusleu o'if Eo9t1, ~
wv fL ~ no s' 81 a. iit3
oLl nc I 4 Ia 49, go ioaa sI,a1i b-rn
~ ' ~ p tp ~ ~ ~ cans baTabE
DeEn SotiatSt 'e IVY u 0" ~ ;ia
St-!uS i p "a 81 nf~ 6,.,,, %"Ids &c
+ba new C%Hsoda+eT loan dnly stoned and sealed
80 10 4a;i - ~ a,I7s ~, - ICIIor
IrraI7r i1 er1 Tnonnts as NAV he called for to-
~ i;I,i4 f 50 ,a ma - h0,, + e 1,rocaads IN he
1872 and ordinance No. 1925 Administration series
That III accordance with previous usage the bonds
of the new consolidated Joan shall be made payable
per5cn appointed by the Fiscal Agent.
r7tT q,l,o+ f +1,. Ioa7, Of It 25O NoO .naHe lag
fbe Louisiana Savings Bank and safe Deposit Com
TanI- 70 +La etp NJ, Nno- Orleans as nroyided by