New Orleans Republican. [volume] (New Orleans, La) 1867-1878, 1873-03-15

an acG OF the Gentral Assembly, to aid IN
doing which the parties hereto of the first
and OF the second part, and each subscriber
individually. shall give his earnest aid
with the understanding that should, for any
cause whatever, the bill embodying said
notifications and additions tail to become
a Law, nevertheless the parties of this act
agree and bind themselves that said mod-
ticatiOns and additions as stipulated and
set forth in this act shall be forever obHga-
tory and binding upon the said parties of
the first part, unless released therefrom by
the said party of the second part. There
fore, the following are stipulated and
ag eed to as the notifications and add
tons hereinbefore mentioned and referred
TO, viz:
Flrst-The commission of engineers TO be
appointed under the authority of article
one, section two, of the aforesaid act Of the
General Assembly, shall be required to
limit the amount Oflevees to be constructed,
as required by their report, so that they
shall not exceed fifteen million cubic yards,
nor the total amount collected for the con
struction fund ever exceed nine hundred
thousand dollars annually.
SecOnd-Article three Of the second
section of said act shall be SO CON
strued that no greater rights or
privileges shall be granted to said com
pany, party of the first part empower
luS lbtul " tdhe private property, LOT the
purposes OF right of way, and the construc-
ton or extension of levees than have been
exercised 10y the State, parish or municipal
authorities heretofore Tor the like purposes
according to law.
Third-The power TO mortgage or pledge.
according TO article eight of said section
two of said act, according to any other pro
vision Of said act shall only extend to the
fund known as the construction fund, ana
off, ~ boil = ha,,
of the first part, sell or dispose of bonds for
the payment OF which said construction
tund is mortgaged or pledged to an amount
exceeding the value Of the work done by
more than five hundred thousand dollars,
and that the Auditor of Public Accounts
and the State Treasurer shall not register
bonds of the company exceeding at any
time by more than five hundred Thousand
dollars the amount of work done.
F0urth-A commission to consist Of three
persons, one to be appointed by the Cover.
nor, one to be appointed by the board of di-
rectors OF the company, party hereto OF the
first part and one to be appointed by the
President of the United States land in the
event of the last appointment failing to be
made, then the other two shall actl who.
with the Chief Engineer of the State shall
inspect all work performed by the com.
pany, and make monthly reports thereof to
shall also on the first day of each month or
Oftener if desired on demand of the presi-
dent of the company, inspect all work per-
formed for which no certificate has been Is
sued. and certify 60 same, stating the
amount thereof and shall deliver q copy OF
said certificate to the Governor of the State
and another copy to the President OF the
company, and said commissioners. except
the one appointed by the company shall be
y1o1H hive he StAta CT to If thnt,
dOllals per annum.
Fifth-A commission of one per cent On
the amount collected shall De allowed as d
compensation TO such officers on whom
shall devolve the collection Of the taxes
imposed by the act of the General Assem-
bly, hereinbefore referred TO, 20 be deducted
and paid out of the funds of the company.
Siyth-fnstead of three millions of cubic
yards of levee to be cOnstruc ed by tho
said company annually. as provided in
article four. section two, of said act. the
said company shall undertake the second
year, and annually thereafter, 10 construct
five millions of cubic yards, until said levees
shall be completed to the standard required
by TIE report of said commission But if
any circumstance, such as an epidemic, an
overflow, or any other cause without the
control of the company. or causing lose to
il, shall occur 70 prevent the execution Of
ing.
Thu. Done and passed in my office at the.
city OF New Orleans, in the presence OF
witnesses of lawful age and domiciliated in
this city, who hereunto signed their names,
together with the said appearers and me,
the said notary. on this twentieth day of
February. III the year OF our Lord. one
thousand eight hundred and seyenty-one.
NJ. A. BRYSON
JOHN N. BOFINGER,
JAMES S. CLARK,
JOHN }. ANDERSON,
GEORGE +. SHERMAN.
j. Y. BARBOT,
"A 6. BRICE,
CHARLES T. HOWARD.
JOHN A. NORRIS
A. D. BANKS.
II. C. MILLAUDON,
F. c. REMICK,
VI. A. SOUTHWORTR,
II. T. burgess
DURANT DA PONTE,
MICHAEL HAHN.
II. G. WARMOTH,
Governor of the State of Louisiana.
Be and the same is hereby amended and
re enac ed so rs 10 read as follows:
SECTION |. Be il enacted by the Senate
and House of Representatives. of the State
OF Louisiana in General Assembly con-
vened, That all the provisions of q contract
entered into between the Louisiana Levee
Company, party Of the first part, and the
Governor of the State of Louisiana, patty
OF the second part, are hereby accepted,
ratified and confirmed, the aforesaid con-
tract being in terms az follows, to wit:
United States of America, State of Loui>i