New Orleans Republican. [volume] (New Orleans, La) 1867-1878, 1875-02-21

State on the treasury thereof, forming item
OF State Indebtedness the legality or valid
ity OF which may have been or may here
alter be questioned, until said bonds or wal
rants shall first by final decree of the Su
preme Court Of the State of Louisiana hav
been declared legal and valid obligation
against the State OF Louisiana, and that tn,
same were issued in strict conformity Il
law, and not in violation of the constitution
OF this State, or Of the United States ani
for valid consideration. That any person
assessed for State taxes is hereby author
ized IN his own name to institute suit, or t.
intervene in aIy suit which may now o.
here after be instituted in court of compe
! tent Jurisdiction in the parish of Orleans
against said board of liquidation, to tes
the legality and validity of any issue o
bonds of the State, or warrants drawn pre-
vious to the passage of said act No. by
the Auditor of Pubic Accounts on the STATE
treasury, the legality and validity OF which
may have been or may hereafter be ques
toned, and to inquire into the consideration
for which said bonds or warrants may have
been issued, and III his own name to prose
cute such suit or suits to q final termination
and until the legality and validity of each
and every issue of bonds and warrants, al
aforesaid, shall have been finally passed
upon and determined by the Supreme Court
OF the State of Louisiana; and that, in order
to facilitate and bring to speedy determi
nation all matters in controversy as pro
vided for in this act, every suit hereby in
stltuted shall have precedence,i in all courts
over all other cases, and to be fixed by mo
ton OF either party; the day of trial to be
named IN the motion; and all other cases
fixed for the day named in the motion fix
ing such cases Tor trial to give way thereto;
that all costs incurred in any suits under
this act, to the extent Of ore suit carried to
nnal Issue, as to each separate issue OF
bonds or warrants, the legality, validity OF
consideration of which are questioned. if the
| court shall 80 determine, shall be borne by
the State Of Louisiana, and which costs, on
approval of the court, shall be warranted
for by the Auditor Of Public Accounts on
the State Treasurer, to be paid out of any
funds in the treasury not otherwise apprO.
priated; provided, that any holder or hold
ers OF bonds or warants whose legality,
validity or consideration is questioned in
| any suit or suits brought under the pro.
visions of this act. may intervene in said
| suit or suits, and that the costs of such in.
| terventiOns shall abide the result of the
suits in which such interventions shall be
! fled.
SEC. 2. Be it further enacted, etc., That
the following issue of bonds and warrants,
so far as the same may be now outstanding,
are declared questioned and doubtful as to
their legality and validity, ard said board
of liquidation are hereby prohibited from
act No. of 1874 fin exchange therefor, un
til the legality, validity and consideration
of the same shall have been tested under
the provisions Of this act, and final decree
rendered as to their legality, validity and
consideration, to wit:
l. The following bonds. considered and
held as belonging to the redemption OF the
StufxA dol, f,rv,A de- a 4 Hlror -
being bonds of the State of the various is.
sues which had been redeemed or never
issued, and which have been reported by
the Auditor of Public Accounts as missing
or which were sold under act No. 81, ap.
proved MAY 25. 1872, and issued or reissued,
namely:
The New Orleans and Nashville Railroad
Company. Observation-Disclosures. $4,000
The Mexican Gulf Railroad Company. 5000
The New Orleans, Jackson and Great
Northern Railroad Company 10000
The New Or!eans Opelousas and Great
Western Railroad Company ny...... 10000
The Vicksburg, Shreveport and Texas
railroad Company. Observation-Disclosures. so 600
The Baton Rouge, Crosse Tete and Ope-
lOusas Railroad Company. ........... 10000
The bonds for the relief Of the State
treasury. ................... 65 500
The boads issued tor the free school fund $4,000
= Total. 81 .o44 500
Bonds under act No. IS, approved DeceIn-
6er ~, 1865, for expenses OF building
levees; :::.... 81 .ooo,O 600
70, 1867, tor expenses OF building
Bonds under act No. g. approved Febru ''V0'
ary 70. 1870, for work done to be
done on the levees. .......... 900
The bonds Of the New Orleans, Mobile
and Texas Railroad Company, issued
under act No. 20, approved February
~, t6tS. tS.........:... ................. $50 900
The bonds issued to the New Orleans Mo.
bils and Texas Railroad Company.
,nl under act No. 99. approved April 20,
B Bonds issued to the North Louisiana and 'VVV
Texas Railroad Company under act
No. 81, approved April 10, 1870, and
act No. l08 of 1868. 68................... l22 900
Bonds issued to the Mississippi and Mex.
lean Gulf Ship Canal Company, under
act No. l!6, approved March 8, 1862. 430 900
Bonds issued for the relief of P. j. Ken
nedy under act No. los, of March 25
Bonds purporting to have bee issued f for 4''
redemption of certificates OF indebt-
edness under act No. 5 Of 1866. .... 250,t0O |
Bonds issued under act No. las. approved
January 3. 1870. for aid to the Bouf |
and Crocodile Navigation Company. 10000 !
And it is further provided, that the At. |
tOrney General or the attorneys employed |
for the State heretofore by him, shall |
and faithfully conduct to a final
through all the courts all suits |
instituted, or which may hereafter be instl-
tuted. to test the legality, validity or con-
sideration of the debts in this section set
torth, and all the floating debt, the pay.
nent Of which was epjoined in suit No. 369
lf the Superior District Court, entitled the
State of Louisiana vs. Charles Clinton,
Auditor, and Antoine Dubuclet, Treasurer,
Tor shall he or they dismiss any of said
,roceedlngs, or compromise, or waive any
ights Of the State, or any matter con- |
lected with the testing of said items of
SEC. 3. Be it uither enacted, ETC., That
III laws OR parts Of laws contrary to or
oconsistent with the provisions OF this act
feet from and after its passage.
Monday being the anniversary of Wash
ngton's birthday, the Senate adjourned
ntii Tuesday next at one o'clock.
House of Representatives.
AT half-past eleven o'clock yesterday the
louse was called to order By Speaker
[ahn. A quorum was not obtained until {
velve o'clock.
Prayer was offered by the chaplain. The 9
'sdiug of the journal was dispensed with t
nd it was adopted.
Mr.. Sartain rose to a question of privi.
sc. He proceeded to speak in regard to ]
10 expulsion of Mr.. Ward, the Represen- '
tive from Grant q
The Speaker called Mr. Sartain to order, n
the ground that the question to which {
} was speaking was not a privileged t
lestion, as it did not affect him person.
". c
Tue Speaker stated that publication Il
ID appeared in the Picayune to the effect Ii
at the appropriation bill, after passing p
Q House, had been furnished by the b
,rEa tN tho Hovorvov xybo I,o.3 / T