New Orleans Republican. [volume] (New Orleans, La) 1867-1878, 1873-12-25

| been described above. In 1872 the LeSis
lature, by act No. 81, sought to abolish this
| fund; the act provided that the bonds there.
in should be sold at public auction, to the
| highest bidder, for United States currency,
| Auditors warrants on the State Treasurer
| or certificates of Indebtedness, and that no
| bids should be received of less than sixty
| five cents on the dollar for State bonds, and
| eighty cents on the dollar for city consol-
dated bonds. The sale took place on the
| seventeenth of June. 1872. The official re-
port of the State Treasurer of January,
! 1873, shows that ll4l bonds belonging to
| the fund. amounting to ST l23, $40 were sold
| for 81, 096 $50 Is
The Legislature (Confederate), in 1863,
| took from this fund and expended for
Estate" purposes 100000. One hundred
| and thirty eight thousand dollars il bonds
| belonging to the fund have been lost. The
| State, therefore, owes the school fund
Bonds taken out in 1868. ................ 200 900
Total. S | 46l 500
To which should be added the interest
thereon since the subversion OF the
1unds, ABOUT. ........................ $50 GOO
Making total of....................sI6 GIL 500
Is. "DUE THE UNITED STATES"
The State of Louisiana owes the United
surplus revenue), $479,9A Ia.
&c. MISCELLANEOUS DEBTS OF THE STATE
A statement from the Auditors office. on
the first of October last, puts the miscella-
neous debts of the State, as follows:
Amount of outstanding warrants of all
Amount of certificates of Indebtedness
OF all d. scrlptiOns. 399 1886 g.
Outstah ding state notes. 81 $50 90
de- he'd in An
statement due Oh demand, about. $4,000 90
u. CONTINGENT LIABILITIES.
The following are the contingent liabili
ties of the State under acts passed prior to
the limitation of the State debt:
Balance OF subscription of the State in
1858 to railroads. Observation-Disclosures. S. l08 600
Bonds which may be issned TO the Mis-
slssipp and Mexican Gulf Ship Canal
Company under act No ll6 Of 1869. 12O, 600
Bonds VIII oh may be issued TO the New
Orleans, Mobile and Texas Railroad
Chmpany under section one of act
No. % of 1862 .....,.................. 2o7s 600
Bonds which may be issued to the same
company under St ction seven of act
NO 81 ~ 1917 CO0O
Bonds which NAV be issued to the New
Orleans, Baton Rouge and Vicksburg
Fa'lrOad Company, act No. 143 of
1862 number of miles 500, at S II 500
per mile. 6,25Q, 900
Bonds which n ay be issued to estab sh
der act No 149 OF 1869 .............. 100000
Obligations to subscr he 1000 shares Of
Nstack of Mississ pp Valley Naviga-
ton Comoan of South and West. act
NO "a OF 1871 .........-..........-. loO,o00
Total Observation-Disclosures. S 10 eos 900
90. Contingent liabilities under acts
passed by the Legislature subsequently to
the adoption of the amendment OF the con
stitution limiting the State debt:
Ant No I06 nassad in 1870 fprintad
with the laws of 1871 entitled
- eau act to incorporate the Arkan-
and Delta Railroad Company
and granting aid TO the same. S375 600 90
Act No 28 1871, granting aid to the
Southeastern Railroad COMPANY. s75 600 90
Act No. 20 1871, creating TIE Msss-
sppi River Navigation Company,
and granting the aid of the State
Act No. 81, is7i to build a State House 0'000 W
aid providing tor the issue of
bonds therefor. ................... $500, 600 90
Act No. 40, 1871, to incOrporat. the
Alexs dra and fulton Railroad
Company and to grant state aid
Act No. Al 1871, to p omote the inter. '''''' '"
ests Of commerce by establishing
the LOusia"a Warehouse Com
pany, and guaranteeing the bonds
Act No. los, approved October Is, is7i '''00'0o W
"reailve 10 the New orleans and
Northeastern RaIoad Company
aid 10 facilitate and aid The con.
struc Il ~, If said railroad" eto... 12l2soo %
Act No. 43, 1873, provides in section
nine Of the act for the issue of |
bonds to the Levee Company. 100000 90 |
Total. ST, os7 500 90
REHABILITATION.
I. Bonds for the Charity Hospital coz ooo m |
.. Bonds for the Nashville rallrO ID. a4I fO0 IN |
3. Bonds for the Mexican Gulf rail "
Rn roi1 ,,,,::.;;: 5000 90
pd in 1923, 1892 600 90
D. Bonds r relief of State treasury
G III 1905 :...;.-..:............. 75oOoo 90 |
-. eenooi luii1 "ohds, 1901 ...... 529, 600 90 |
m IN, iuI Il oohds 1901 $1,000. 1876 900 90 |
~. bonde for ievre purposes, 1866. 49, / 00O 900 M |
10 - yius III 1901 ....... 1000 Quo 90 |
"a <. caes Of indebted IS: :...:... $50 600 90
ID. ~ We b nds to pay certain debts
ID Ro ,sSe. f.. MI, ......... $4,000 90
Is Ro ae a. s rsiiroad. l,122,ooo 90
.,la tan osa Railroad Company
Is Ro ,'os' 10000 90
- du ~ ship Canal Company 1863 ago ooo IN
=. Bonds for State p ntentiary 1863 s00 0oU M |
q. Bonds for B9uf and Crocodile Nav. '''' w
o R.p s'o on ,ompany, 1860. ....... 5000 90
% Bonds far Ch,t,ano -; 2,960,000 70
4 Bo~ds "a" No to.o $50 100 90
q Bo"ds s, nan no oaa Company, 1871. $4,000 0C
3. Bonus fands IN, ac...;...: $4,000 10
A. pns ,h. fr,. so. 1850 200 90
S limited states d'; ,unu. ....:.... l6ll 500 90
D. Misc.llaneous a. ht @ccount.... 1894 "A
Nv 0'e'''' .....'..... 32S3. $50 70
'0'A'''..''......." ...........ss7 .7o2, - "a