New Orleans Republican. [volume] (New Orleans, La) 1867-1878, 1874-01-13
JOURNAL
Fifth Days session.

sainee lieutenant Governor Of the Stat
,1ld presidsnt OF the Senate.
Go call of the roll the following Senator
answered to their names:
Messrs Anderson. Alexander, Barber
BsIdsn, f8lunt, Burch, Brewster. Chadbourf
giasnns, Harris, E. +. Herwig, Harper
Fa<raham, Key, Sypher. Stamps. Twitchel
Nebera Whitney.-l9.
TIE Presdens announced quorum
1auesonts
Prayer by the chaplain.
The reading of the journal of yesterday
Srsceed;ngs was dispensed with, and tn
s,urva, adopted.
REPORTS OF COMMITTEES.
Mr.. Harris moved that the report Of thu
tspeciaI committee on rules be taken up fo
adoption.
Carried.
Mr., Alexander moved that the amend
lnent to rule ifty-three be rejected.
Mro Stamps moved today Mr.. Alexander.
GIstiozI on The table
A0n call of the yeas and nays Mr.. Alex
suder's melton was tabled by the following
ss0se@
EkBdOourn, Greene, Harris, L. +. Herwig,
Engraham, Rey- Sypher. Stamps, Weber
"a
Nays - Anderson, Alexander. Blunt,
Esarch, Crawford, Harper. Twitchell, Whar.
ssn. Whitney,.
Mr.. Harris moved TO adopt the report OF
slIe committee.
adopted on divisioh--yeas Is. hays6.
MIR. Barber acting chairman Of the Com.
sasttee on Finance, submitted the following
Substitute bill for Senate bill No. iS6. and
showed that it be taken up section by sec.
sinn-
Adopted
9Th. bill was then taken up, as follows:
AN act to provide for the funding of the
Public debt Of the State, including all legal
sad saIii bonds of the State. and all legal
end valid warrants and certificates Of in.
stebtedness drawn by the Auditor of Public
Gccounts upon the treasury and now TN.
paid, ia provide fOE the issuance of consol.
Slated bonds of the State of Louisiana in
exchange for said outstanding obligations:
80 provide for the payment of interest and
principal of same; prescribing the rate Of
siedning the duties and powers Of State Off.
GERS under this act, and the manner and
Terms ON which said exchange shall be
effected; forbidding the payment of interest
otherwise than as provided herein; defining
slnd limiting the State debt under the opera
lion of this act; limiting the rate Of taxa.
:ion for all State purposes; repeating acts
Inconsistent herewith; and repeating ali
saws or parts of laws making the State con.
singently liable for the issuance hereafter
Of any bonds, or authorizing the Governor
80 subscribe stock to any corporation.
Section one was read and adopteis on
snotion of Mr.. Barber.
Section two was read.
Mr.. Harris moved TO amend by adding to
Time seventeen the words. ISSUED since the
gear 1870"
On call of the yeas and nays the Senate
.efused to adopt the amendment by the fol.
Sowing vote:
Yeas-Blunt. Butter. Harris, +. +. Her.
wig, Harper, Ingraham. Sypher, Weber,
Wharton, Whitney-l0.
Nays-AndersOD, Alexander, Barber. Bel
sien, Burch, Brewster. Chadbourn, Craw.
Gard, Greene, Kelso, Mascot. Rey. Stamps.
Switchell-l4.
Mr.. Blunt moved 10 strike ont in fines
&ixteen and seventeen the words ''certi
gate of indebtness.'
ON motion of Mr.. Barber the motion Of
Sir. Blunt was laid on the table.
Mr.. Harris moved to lay by the second |
seotion until after the adoption of che other !
Hections.
Motion lost.
Mr.. Harris moved 20 add to Inns seven.
SRsan the words "ssuei since 1907
0u motion of Mr.. Burch the amendment
sExs laid on the table.
Dir. Harris moved the following amend |
saest to line seventeen: After the word |
ssiutiebtedness' in line seventeen, section |
sSe, add, provided that no certificate of
iRdebtedness, except those reported by the |
Auditor in his report to the General Assem-.
:1y in the year 1874, shall be SO funded
Adopted.
On motion of Mr.. Barber, section two was
ssthen adopted as amended.
Section three was read and adopted.
Section four was read and adopted.
Sestion five was then read and adopted.
Sec ton six was then read and adopted.
Section seven was then read and adopted.
Section eight was then read and adopted.
Section nine was then read and adopted.
Section ten was then read.
On motion of Mr.. Harris, the following,
AFTER 6Ge word "bOnd, was inserted: "Ex-
cnpt rs herein provided for
SecczeR ten, as amended, was adopted
Session eleven was then read and
uispted.
The following additional section was of
sered by Mr.. Wharton:
BE 1t further enacted, That a commits
sion, not to exceed one half of one per cent
Of the amount of bonds negotiated, may be
allowed to the agents authorized to make
the exchange of bonds herein provided for
provided that no commission shall be al
owed or paid on any bonds exchanged
through the Auditors office, or through the |
agency of the Governor, Lieutenant Gov
amor, Auditor and Treasurer.
Objections being raised, the same was
withdrawn by Mr.. Wharton.
Tire bill was then considered engrossed.
On motion of Nr. Barber, the consttu,
Iuaal rule was suspended, and the bill
cs$d the third tine.
Cln motion of Mr. Barber, the bill finally
assed BY tie following vote, on call of the
esss and nays:
Yees-Aaderson, Alexander, Barber. Bel
en-, Blunt, Butler, Burch, Brewster, Chad
srrn, Crawford, Greene, Harris, Il. +.
srwig, Harper, Ingraham, Kelso, Pollard,
sy, Sypher, Stamps, Twichell, Weber,
rIlzrtsn. Whitney-2i.