New Orleans Republican. [volume] (New Orleans, La) 1867-1878, 1872-06-11
OFFICIAL NOTICES


I fund as hereinafter snecifed All holders Of war
rants or certificates Of Indebtedness registered as
hereinbefoEe provided, who sra not present lt9l
ten days after the bonds 70 the credit Of the SPECIAL
fund created ia the second section oi this set 9na
have been offered for sale 81 public arefipn g
herein specified, shall lose their right Of prefer.
] ences and the party OF parties no shat presen1
debtedness within the said ten days for payment
shall receive payment, in the ofderof their regis
tration' 70 money u there shall ge any 70 Tue
credit of the special fund created for the purpose,
or in bonds, as hereinbefora pr0vidl "A specia
appropriation Of an the moneys or fands which
SHAH be placed TO the credit Of the special 1iilia
created BY the second sectien OF this set OF -
much thereof as may be necessary is hereby ada4a
to carry ont the provisions of this act.
SEQ. ?. Be 1t further enacted etc. That IL anY q
the bonds placed to the credit Of the special fund
created by TIE second section IT this act are nos
made negotla5le or transferable By delYerys the
State Treasurer shall cause to be written or
stamped on each Of said bonds, ct OF before tbs
aet the words: nThis bond is hereby made pay
able to bearer by delivery ans sign the same as
Trcasurei and from and after that date such bands
shall pass and eonfera perfect title to the holder
by the delivery if on the face of it il
payable to bearer The Stafe Treasurer shaIl
the number of bonds exchanged their date, nllln-
Der and amounts for which they were originally is-
certificates Of Indebtedness fol which they vera
exchanged, and make fuli and accurate state
1ent IN his annual report OF az the operations u-
der the prov .siOns OF this act
SIC. 3. Be il further enacted etc. That 10 meet
any ueHcAt WHICH may exist AFTER the DOnUe ta4
money placed 70 the credit OF the special tuna
created by the second section OF this ac1 shall
~ 0set eAh4lsl a there e mere 9{ levied tA1
Of one mn on the dollar on all taxable property OF
the State according TO the assessment of the Velr
elght cen hqAa4ed and seventy-one, 10 be collected
ans PAID INTO the State treasury az other taxes g
eighteen hundred and sevenfy-two; and should
any deficit exist on the FIRST day Of January,
elgh5een hundred and seyenty-three it shat Is
the duty OF the Auditor Of Public Accounts to as-
certain the amount thereof and q special tax sut-
nelent for tie payment Of such deficit is hereby
lcNitu On All the taxable nFOU1ffV tine Stats
according TO the assessment rolls Of eighteen
hundred and seventy two to be collected ami
placed into the state tfeasIlry ,s other faTeaia
eighteen hundred and seventv-threa and ths
amount in each case to be iafea Ia the eredit eP
the Innf created Dy tue second section Of this acts
PROVIDED, mat there saall be allowed compeuea-
tion q eolectors Tor the levy herein provided for
seventy-two And said tax tlis paid INTO the State
treasury shall be used exclusively to pay warrants
or certificates oftndebtedneHs Registered according
to the first section OF this act aud ia the order Oh
registry, except as herein progde Ia case Of the
sale Of the bonds
SEC 9. Be It further enacted, etc, That al war
rants and certificates of indebtedness registered
under and in accordance with the provisions II this
&C = except such as may be exchanged for bends az
hereu provided shall bear All interest st the rate
Of six per centun per from the date of theiH
registry until paid.
SIC. TO- Be it further enacted, etc. That any
Wlliul violation Of the provisions Of this Get by the
State Treasurer shall subject him to a fine Of five
hundred dollars for each Offense, TO be recovered
Ior the state by the Attorney General before any
court of competent Jurisdiction. The State Treaa-
ufef elal also De liable Tor damages IN t1l 70 any
party who shall suffer injury By bis illegal action
or failure to perform any Of the duties eni0ined
upon him, said damages to be recovered before any
court OF petent lurisdi cton the campiaint0f
the injured party
SEC. Ii. Be it further enacted etc That this act
Shalt take effect from and after its passage and all
acts contrary to or inconsistent thereWith airs
hereby repealed
(Slgnedl o. H BREWSTER,
Speaker of the House OF Representatives.
{Signedl P. B. 4. PINGHBACE,
Lieutenant Governor ana President Of the Senate
Approved May IS 1872.
(Signedl H. G. WARMOTH,
A true copy:
+. j. HERRoy,
Secretary Of State jos lot