New Orleans Republican. [volume] (New Orleans, La) 1867-1878, 1874-03-29

= receipt to any person for money, note, &
1 anything else taken by the city on accoun
e OF revenue, or any other account, shall b
: valid unless so signed or conntersigned.
/, SEC. .. be it further enacted, etc., Tha
: | 1t 10 hereby declared felony to forge O
, falsely sign, I'LL up, alter, or utter, or pub
) llsh, as true any bill. certificate, receipt
account, or any part thereof, as given, mad
J out or signed by the mayor or any admins
traitor OF department Of the city of Shreye
port, or by any officer. deputy, clerk O
other person authorized by them, or eithe,
OF them, and which may be given credence
to, or pass, or be received as genuine OF
authorized and be calculated to deceive OF
defraud any holder, receiver, transferee
Pledge, Or other person; any person. upoI
being found guilty of such offense, shall be
sentenced to imprisonment at hard labo,
not less than ten years, nor more than
| twenty years.
SEC. 10. Be it further enacted, etc, That
| all taxes due and unsettled at the passage
of this act. or hereafter becoming due, or
hereby declared to be a lien and privilege
upon the property assessed for the same,
and shall be concurrent with the liens and
privileges now established by law, against
all other properties OF the delinquent; they
shall have the force and effect of a lien from
the date OF their being recorded in the
recorders office as hereinafter provided.
SEC. IL. Be it further enacted, etc, That
as soon as practicable. after the passage Of
! this act, the administrator of public accounts
| shall prepare registers of all taxes due and
| exigible; for the purpose of aiding him in 80
doing the administrator of finance, the
| clerks of courts, sheriff and all attorneys
and ex-otficers shall tnrn over to him for
| his temporary use all bills, accounts, writs
and records in their hands, and for so doing
shall not be entitled to any fee. The admin
lstratOr OF public accounts shall enter in
| duplicate registers. all the necessary par
| ticulars and dates for recording and settle
ment of the accounts, including interest and
cost incurred, one of said registers for
taxes OF 1873 and previous years with index
thereto, he shall deposit in the recorders
office of the parish of Caddo, and the deposit
OF said register and index shall be due
recording and inscription of the lien and
mortgage in said office, and no fee shall be
allowed the parish recorder for such ms
cription, but he shall be allowed one doller
each for cancelling the same, which he may
do upon the certificate of the administrator
OF public accounts of the payment or settle
ment thereof. After the thirty-frst OF july
in each year, a like register for the unpaid
taxes of the year shall be in like manner
deposited under the same provisions as the
foregoing.
Sec. II. Be it further enacted, etc., That
for undOubted debts existing December 81.
1873. and unpaid at the time of the passage
OF this act. or caused by receipts or certit-
Gates Of 1872, for revenues proper of 1873,
and for excavations and grading of streets
and landings and keeping the same in re-
pair. or other certificates of Indebtedness
duly authorized, the city may issue from
time to time, as they may be required,
bonds of the denomination of one hundred,
five hundred and one thousand dollars,
having twenty years to run, and bearing
iub int
bic in legal currency Of the United States,
in New York or New Orleans, and at other
points that the council may designate, with
quarterly coupons, and that the bonds
thus issued shall be called the new
consolidated debt of Shreveport. No
bonds shall be issued but by authority of
the council nor for lower rate than. ninety
cents on the dollar, all issued for excava-
lions and repairs of streets and landings or
otherwise hereinafter mentioned or by laws
previously enacted shall be marked ',lS73
series" and all taxes or other revenues over
and above the current eX penses of the city
government, shall be devoted to the pur-
chase from the lowest bidder OF bonds issued
for excavatlng grading and repairs of
streets and landings: no bid to be accepted
above par and the right reserved to the |
council TO reject all unsatisfactory bids and |
for other bonds of the city not matured and |
bearing interest at not less than eight per |
cent, the city may exchange bonds of the |
new consolidated debt at such prices, not |
less than par for the new consolidated debt |
bonds as may be found to the advantage of |
the city, but no exchange shall be effected |
except by consent and order of the council |
publicly given or ordinance fully authoriz-
ling the same. For all bonds fully ma
tured and payable so soon as the term they
We're issued for shall have expired and which |
the city shall not have avalab funds to pay
in cash, the city may exchange new con-
solidated bonds at the rate of not less than
ninety cents on the dollar on demand of the
holders of the bonds so matured. And it is
furthermore enacted that at no time shall the
face OF the bonded debt, outstanding and
unredeemed, added to the certified debt OF
every form exceed one million two hundred |
and fifty thousand dollars, and all issued
bonds or evidences of Indebtedness what
ever in excess of said amount shall be IN
lawful. and shall not impart or convey any
and if any person, under color |
OF office or otherwise, shall issue any bond
Or warrant in violation of this section, he
shall be prosecuted criminally by indict-
ment or information, and upon conviction
shall be condemned to Imprisonment for
two years and any person negotiating or
to negotiate such bond or war
rant shall be considered an accessory to the |
fact, and subject to the same punishment as |
|
ordinances of the board of administrators
making provision tor the issue Of any bond
lnder this act shall not have effect of law
,r be valid unless the resolution or ordin-
,nce issuing said bonds be submitted to the
egal and qualified voters of the city of
shreveport for approval or rejection, and
fifteen days notice of election to be held |
or said purposes shall be given in one or
more newspapers published in said city, |
aid election to be conducted in accordance
With existing laws governing elections.
SEC. Is. Be it further enacted, etc, That
be city council, after the adoption of the
stimate in accordance to section eleven,
ct No. 90 of 1871, shall proceed to levy the
nnual taxes required, 10 wit: First, the
ity debt tax, which shall be based upon
he detailed estimate of the sinking fund {
nd interest falling due; tor all bonds for {
which no other retiring provision exists by !
aw an estimate shall be included of not t
ess than two nor more than ten per cent of s
he face of the bonds outstanding of any of I
he several issues, which shall be applied to I
he retiring of bonds offered at the most ad-
analogous rates. no bids to be accepted I
igher than par, and the right re-
Their than herein laid down shall apply s
D this tax. which is hereby declared
vested right of the bondholders in S
crested. Second, tax for current city ex.
enses, exclusive of police interest and l
chools. This tax shall in no year exceed
ne per cent upon the assessed value of
cal, personal and mixed property. These
hitch they shall be collectibe, and the
ssessment upon which they shall be made
hall be termed assessments for the said
ear. =
SEC. II. Be it further enacted. ETC., That
o provision in any general law of the State