New Orleans Republican., 1872-05-15

| money Uhe city had taken ON this mortgage
of 100000, and not one officer, not even
the Administrator of Finance, was willing
to give me the information. The first officer
of the State asked me the question, and
was unable to answer him.
Mr.. Remick-I rise to a point of order.
The President was called upon to make a
statement and while making it was inter
rupted by the Administrator
Mr.. Bonzano remarked that the President
was able to protect himself.
The Mayor resumed:
will make my statement very brief.
| The Council having chosen a Fiscal Agent,
finds that the bank which has held that
office heretofore was creditor Of the city
to the amount Of $500, 900, secured by mort
gage notes on the city Waterworks amount
ing to 100000. They refused to transfer
the account until the money due them was
| paid, and they hold on to the interest funds
of the city It is therefore necessary for
the newly appointed Fiscal Agent to adj
vance 100000, and to do this the bank re-
quires security.
While 1 was opposed and am still OPP
posed to the selection made by the Council
of Fiscal Agent, l think it is only Just that
this bank, having been selected by the
| Council, should have security for its ad-
vances as we'll as the previous Fiscal Agent.
Moreover, we want those mortgage notes
back, above all things. They should have
been returned, or at least most of them,
| long since think the Bank of New Or
leans was very much in default in retain
ing these notes, except so far as was neces-
! sary to cover their actual advances. The
| question simply is whether this ordinance
shall pass. do not give any opinion on it.
Mr. BOnzanO explained that he did not
desire explanation so much on his own ac-
count as for the information of the public.
Mr.. Lewis asked if those 500, 600 Water
works mortgage notes would be returned
to the city
The Mayor answered as he understood it
they would be.
The question was put on the adoption of
the resolution:
Yeas-Bonzano, Lewis, Remick, Delas-
size, Cockrem-5.
Nay-Shaw-1.
Mr.. Walton asked to be excused from
voting.
The resolution was adopted.
Miscellaneous.
By Mr.. COcHrem:
An ordinance amending ordinance No. 1852, |
Administration series.
Be it ordained, That under the terms of |
ordinance No. 1852, Administration series, |
- 4 TT.- L
and are hereby authorized to allow Daniel /
Mulligan legal interest from the date of |
legal demand, at the rate of five per cent, 1
such being the purport and intent of the |
original ordinance; said Mulligan relinquish-
ing all other claims against the city, for
work done under contract, not included in 1
the litigation of which this is a compromise,
and paying all costs.
Adopted, Mr.. Shaw voting no.
By Mr.. Coekrem:
WHEREAS, Louis Gagnet, lessee, and the
CarOndelet Canal and Navigation Com
pany, have caused an Injunction to issue
from the Eighth District Court restraining
the city of New Orleans from digging a
draining ditch between the northeast side
of Toulouse street and their canal from
Claiborne to Galvez street, on the ground
that said parties have vested rights, and
the digging of such ditch will prevent the
OOAAfSAy NA0 AOOCApg VI SuCn dTOlC16S Ol
traffic as form the commerce of said canal,
and thereby cause the company and lessee
to suffer very serious damages: and,
Whereas, 1t is not the intention of
the city of New Orleans, in the prose
cution of the works for draining pur-
poses to interfere with vested rights or to
place ObstructiOns in the way of commerce, |
but to facilitate the same, and that the said
Louis Gagnet and the CarOndelet Canal
and Navigation Company are willing to
withdraw their suit, and to compromise on
the following terms; be it therefore
ReSOlced, That the Administrator of I'm
prOyements be and is hereby directed to
cover with fourinch plank the proposed
ditch on the northeast side of Toulouse
street, between Claiborne and Galvez
streets, the width of which is nine feet at
Claiborne street, and widening to a width
OF twelve feet at Galvez street, an[ that
whenever the same is to be cleaned, he is
directed to clean it by sections of not more
than IOU feet, and each section shall be re- !
covered before the next section is COM
menced, and the dirt thrown out in clean
ing shall be Immediately removed. The said |
plank to be kept in repair by the city of
New Orleans.
ReSOired, further, That the said lessee and
the CarOndelet Canal and Navigation Com |
pany shall have at all times the right to use
said covered ditch for the purpose of land
ing thereon and removing all articles of
merchandise delivered or received there by
vessels navigating their canal
ReSOt0ed, That whenever the city of New
Orleans shall have changed the grades of
the streets, or shall have provided any other
mode of drainage, and that the ditch now
provided for shall cease to be of any use, the | :
city shall, at her own expense, cause the
same to be filled.
ReSolred, That the city of New Orleans
do hereby warrant and guarantee the said
Louis Gagnet and the said Carondelet Ca {
nal and Navigation Company from any
claim or claims for damages which the
contractor or any other person may have or
pretend to have against the said parties by :
reason of the said injunction, and the city
hereby binds herself to defend any suit
which may arise from said cause.
HeSOtCed, That the Mayor is hereby au-
thorlzed to enter into notarial contract on
behalf of the city, to carry out the pro- !
visions of this resolution.
Adopted, Mr.. Bonzano voting no.
Mr.. Remick moved that the Mayor and !
Administrator of Police be appointed a
committee to investigate the cost of keep
ing prisoners, and to suggest means by :
which that cost can be reduced.
On motion of Mr.. LIE Vis, the Administra- !
tor of Commerce was added to the commit
tee and the resolution was adopted. :
Mr.. BonzanO moved a reconsideration of Z
The Girardey railroad terminus ordinance,
passed last week, for the purpose of adding !
4 repeating clause. Il