New Orleans Republican. [volume] (New Orleans, La) 1867-1878, 1872-04-27

llassto snext asss e Jaanarys und-she city
was still indsbtea to4he hank. Being OPP
posed to Al election 1T this time, he would
vote blank. r
Mr.. Delassise asked what the capital Of
the Louisiana Savings Bank was.
The Chair-1 presume the Administrator
of Finance can give you the information.
Mr.. Walton replied, one hundred thon-
sand dollars. "a
Mr.. Lewis moved to postpone theelection.
Mr.. Shaw seconded the motion.
The yeas and nays were called on the
question to postpone.
Yeas-Shaw, Lewis-2
Nays-COckrem, Delassize, Remick. Wal
ton, Bonzano-5. -
No other nomination being made, the
Chair put the question that the Louisiana
Savings Bank be elected the Fiscal Agent
of the city, upon which question the yeas
and nays werecalled:
Yeas-H. Bonzano, John S. Walton, F. C.
Remick, L. T. Delassize, John Cockrem-5.
Nays-James Lewis, Alfred Shawl.
The Mayor asked whether this was an
election or merely vote on a resolution.
because there had been no ballot or viva
voce voting, and if any question of respon-
sibility was thrown upon him he wanted the
matter to come before him in proper shape.
Mr.. Cockrem moved reconsideration of
the vote just taken and that an election be
held, each Administrator, as his name was
called, naming the bank for which he de-
sired to vote.
A reconsideration was ordered.
Mr.. Lewis again moved that the election
be postponed.
Mr.. Shaw seconded the motion.
Lost by the same vote as previously.
The Mayor-The question being up again,
l wish to be put on record as expressing my
opinion that the Council in acting in this
way is committing very grave mistake.
The Chair-The question is now on the
election Of Fiscal Agent for the city of
New Orleans. Administrators will vote as
their names are called.
For the Louisiana Savings Bank and Sale
Deposit Company there voted Administra-
tors Cockrem, Delassize, Remick, Walton
and Bonzano.
Administrators Shaw and Lewis voted
blank.
The Chair announced that the Louisiana
Savings Bank was elected Fiscal Agent of
the city by the vote just taken.
Mr.. Cockrem offered the following reso-
luton:
WHEREAS, the Louisiana Savings Bank and
Safe Deposit Company has been elected by
the Council FiscaLAgent of the city of New
Orleans in conformity to section seventeen
Of. an act entitled "an act to authorize the
Council of the city of New Orleans to levy
police tax; to regulate levies of taxes, the
of tax suits, and the juris6ic-
ton Of the district courts for the parish Of
Orleans in reference thereto: to define and |
punish forgery in certain cases; TO author |
ize the funding of the floating debt; to con- |
solidate, limit and provide for the debt of |
the city Of New Orleans, principal and in |
terest; to authorize tax for the support of |
the city government, and to establish a |
fiscal agency, defining its duties, and for |
the better enforcement of the collection of |
all taxes" approved April &c, 1872; there
fore, be it
Resolred, That the Mayor, Administrator
Of Finance and Administrator of Public
Accounts are directed to make . nQtarial
contract with the Louisiana Savings Bank
md Safe Deposit Company, in accordance
with the act approved April 26, 1872.
Resoired, That the New Orleans National
Banking Association is hereby directed, upon
he completion OF said contract, to deliver to
he Louisiana Savings Bank and Safe De-
)osit Company, under the direction of the
Mayor, the Administrator of Public Ac-
counts and the Administrator of Finance,
I'll funds and accounts belonging to the
,ity, now held by said bank.
Mr.. Lewis moved postponement.
Lost.
Mr.. Shaw moved that the Administrator
# Public Accounts be omitted from the
resolution.
No secOnder.
Mr.. Shaw respectfully asked to be re-
ieved.
Mr.. Cocklem objected.
Mr.. Walton said if any one were omitted
might be proper to omit the Admins
rator of Finance. Still he did not object to
erve if the Council wished it.
Mr.. Bonzano remarked that the case was
OF without precedent. Mr.. Samuel j.
'eters was chairman of the finance COM
litttee and president of the Louisiana
tate Bank
The roll was called on the passage of the
esolution.
Yeas-Bonzano, Walton, Lewis, Remick,
Cockrem-6
Nay-Shaw-l. II
Cincinnati Convention
Mr.. Shaw presented the following reso-
ltiOn:
WHEREAS, The Council is informed that ,
)me of its members will, during the coming ,
eek, visit the city Of Cincinnati
Resolred. That the said members be re-
Vested to examine the waterworks sys-
ms of Louisville, Cincinnati, Covington !
nd Newport, and such other places as thew
ay conveniently visit upon their way, and {
port their investigations and recommends ,
Ons thereupon to the Council.
After discussion the resolution was tabled.
Leave of absence for fifteen or twenty
ays was granted to the Administrators of
'aterwOrks and Commerce to enable them l
attend the Cincinnati convention.
The Council then adjourned.
H. CONQUEST CLARKE, 3
Secretary.
Requirements of the Presidency.
In an article on the requirements Of the q
residency, the New York Nation concludes :
follows: i
The Presidency is not the proper school i
w hIaIr 10