New Orleans Republican. [volume] (New Orleans, La) 1867-1878, 1872-12-04
The Fiscal Agency Loan.

The Mayor presented the following COM
nunication received by him:
New ORLEANS. December ?, 1872.
Hon. L. A. Witt Mayor Of the city of New Orleans;
Permit Us, through You, 70 call the atten.
ton Of the City Council TO the necessary OF
immediate action upon the subject OF the
ordinance and contract under it with the
Louisiana Savings Bank and Safe Deposit
f,ompany. entered into on the thlrtleth OF
October, 1872. The operation OF tie con
tract has heretofore been suspended by IN
iunctions, two Of which were obtained IN
The Eighth District Court at the suits OF U.
Cavaroc s. Son and Levy; the other by
George McLoskey in the United States Cir
cult Court.
The cases in the Eighth District Court
are for trial on Tomorrow. Tuesday, the
third instant, and the one IN the United
States court on the day after.
The city has heretofore in those suits
Joined the Savings Bank in insisting upon
the execution of said contract.
If the new Council entertain different
views. the Attorney Of the city should be
Immediately instructed to take no steps IN
opposition to their views or calculated TO
enbarrass them hereafter.
WILLIAM w. KING,
A. VOORHEES,,
Attorneys tor plaintiffs.
BY Mr.. TuTnbuil:
An ordinance, relative to ordinances Mes.
1925 and 1892 Administration series, and
10 the notarial act passed under the same
on the thirtieth day of October, 1872.
WHEREAS, The ordinances Nos. 1925 and
1882, Administration series, promulgated
respectively the tenth July, 1872, and twen
1y-ninth October, 1872, impair the Obliga-
t3ons Of contracts entered into between the
city of New Orleans and the holders OF Ger.
4ifcates Of appropriation and OF warrants
for new consolidated bonds and the ten per
cent bonds issued October l, 1863
Whereas, the SAID ordinances are in con
Elict with sections seventeen and eighteen
of the act of the Legislature, approved
April &c, 1872, with reference to the tenure
of Office of the fiscal agent, and in conflict
with section nine first and sixth clauses) OF
the CITY charter al to the mode Of disburse-
ment of the funds of the municipal corpO-
ration;
Resoiced That ordinance No. 1925, Ad-
ministration series, promulgated the tenth
of July, 1872, and the ordinance NO. 1857,
Administration series, promuI gated on the
twenty-ninth of October, 1872, be and are
hereby repealed.
RcSoIced, That the act passed before A.
Hero, notary public, between the Mayor OF
the city of New Orleans and the Louisiana
Savings Bank and Safe Deposit Company,
on the thirtieth day of October, 1872, be
declared null and void.
Resolred That the City Attorney be au-
thorized and directed to institute legal pro-
ceedings to protect the city Of New Orleans
in the premises, and to eDjoin the said Lou
isiana Savings Bank and Safe Deposit Com
Dany from talling any further steps in the
prosecution and fulhllment of the aforesaid
ordinances and notarial act.
Read twice and laid over,
By Mr.. Fitzenreiter:
Resolced, That the City Attorney be and
he is hereby instructed to take no further
proceedings in defense OF any suit or suits
against the Louisiana Savings Bank and
Safe Deposit Company,
Adopted
General Business.
ByIr. Sturcken:
DEPARTMENT OF ASSES SNFNTsi !
December g. 1872
To the City Council Of New orleans:
The petition OF Rev. Thomas j. Smith,
nastor of st. Joseph's Church, asks to have
the property forming the corner OF Common
and Marais streets, exempt from assessment
and taxation, ON the ground that it is
owned by the congregation of the mission.
and destined for religious and educational
purposes,
This property is rented and occupied as
grocery store, and although the revenues
derived may be appropriated for church
purposes, while the law requires that the
property shall he used exclusively for Ie-
1lgious or educational purposes, to render 1t |
,-S,,,,,t +royo +ayatjau I am az Thp opinion |