New Orleans Republican. [volume] (New Orleans, La) 1867-1878, 1876-08-19
CITY ORDINANCES--OFFICIAL.
PUBLISHED BY AUTHORITY.
MAYORALrY OF new ORLEANS,
City Hall, August Is, 1876.

MAYORALrY OF NEW ORLEANS, I
City Hall, August ID, 1876.
mo. 1907 decentralization Series.l
An ordinance for the extension of the lease
of the revenues of the wharves and for
the extinguish ment of the wharf bonds
and other debts due by the city on &C.
count of the wharves and levees.
WHEREAS, Henry Ellerman, the lessee of
the revenues of the wharves, under con-
tract passed before G. LsGardeur, Jr., no.
tary public, on the twenty ninth OF June,
1875. has addressed the following oommu-
nicatiOn to the City Council, to wit:
To the honorable the Mayor and Administrators Of
the Common Council of The city of New Or
GENrLEMEN-As lessee of the wharves l
make the following propositions for the go
luton Of the present embarrassment and
difficulties attending the lease OF the
wharves:
l. am to pay the wharf bonds and in
terest at the rate of seventy five cents on
the dollar, upon the condition the city
extends the lease one year and RENTS one
half of the claim for twenty-five hundred
dollars per month for the police, lights,
etc from and after the first day of Janu-
ary, 1877, 80 that after that period the
monthly payment shall be only twelve
hundred and fifty dollars. The said sum
shall not be paid during the year OF the
extension of the lease.
2 l will pay the above amount on the
bonds commencing to run from and after
the first day Of January. 1877, to be dis
tributed pro rata through the time for
which the extension Of the lease is granted.
3. The interest ut the rate of seven and
three enths per cent on the seventy five
cents per dollar Of the coupons shall be
paid AZ follows:
The interest falling due on the first of
December next shall be paid at maturity.
That which tell due on the first of June
last shall be paid on the first of March,
1877. The remaining interest shall be paid
as it falls due.
4. The city shall by appropriate ordi-
nance approve and rAtify the above ar
raneement. HENRY ELLERMAN.
August 49, 1876.
And whereas, The above propositions are
acceptable to holders of the wharf bonds
and coupons of interest; and,
Whereas, 1t is considered that public in.
terest will be- subserved by the acceptance
Of them on the part of the city; therefore,
be it
Resolved, /. That the Mayor be AMI is
into notarial contract with said Ellerman
accepting his said propositions and the
notifications of the original contract of
lease.
9. The sureties of said Ellerman shall
consent to this change of the terms of the
lease, and be bound that he shall comply
with his obligations under this extension in
the same manner they were bound in the
original contract of lease.
3. The said Ellerman shall not be bound
to pay the above mentioned monthly pay
ment of $3.50 during the year for which the
extension is granted.
4. The suits now pending in the United
States Circuit Court, of Mrs. Louisa G.
James We. the city of New Orleans, and
others, and of NJ. Carvin We. the city Of
New Orleans, in the Superior District
Court, are to be discontinued by the plain
tiffs therein before the signing Of said con.
tract.
Adopted by the Council of the city Of
New Orleans, August lS, 1876.
Yeas-Bouny, Landry, Mccarthy, Pills
bury.
Nsy-Burke.
CHARLES j. LEEDS, Mayor.
A true copy:
j. H. HARDY. Secretary.