The New Orleans daily Democrat. [volume] (New Orleans, La.) 1877-1880, 1877-04-07

To the Honorable president ana MemDerS ol
the Senate:
Ge,.tlenen--The Finance COMMITTEES. to, whom
was referred House bill No 237. entitled An act
to compel assessors to assess properties hereto
church, school. benevolent or charitable instii-
tutions," etc have had the same under consid-
On section l. favorably
Strike out sections Q, 3 and a.
Insert as section the following:
laws 10 conflict with the provisions Of this act
be and the same are hereby repealed. ..,
After the word Institutions" in the title.
strike out the remainder OF the title.
A'W Will STEVEN. Chairman.
Which lies over under the rules.
Also. the following report. viz:
Rooms SENATE FINANCE COMMITTEE.
New Orleans April 5, 1877
To the Honorable the President and Members
of the Senate:
Gentlemen committee to whom was re-
ferred Ho o biz No a7s Supplements, to act
ably and recommend Its passage.
'e'' '0'H WILL STEVEN. Chairman.
On motion of Mr.. Steven. the rules were sus
pended to consider the report at this time.
On motion of Mr.. Steven. the report was
| adopted.
UNFINISHED BUSINESS.
| House bill No. 4l. entitled An act to ineor-
porate the Barataria Ship Canal Company; to
| authorize said company to construct and oper-
ate ship canal. and all harbors. locks. dams.
dykes. evees, etc. necessary for the same. from
some point on the Mississippi river, at or near
New Orleans. to the deep waters of the Gulf Of
Mexico. through. at. or near Barataria Bay or
other harbor. roadstead or outlet on the coast of
said gulf In the State of louisiana to fix the
capital stock of said company and provide for the
management Of It's business and affairs to give
| the right OF way for said canal: to provide
| for the use of such private property as
| may be needed for the same and its
appurtenances to authorize said company to
use towboats and other crafts, and to charge
and receive tolls for the use Of said canal or
any part thereof; to authorize said company to
reclaim and drain all the swamp and marsh
| lands which now belong, or may hereafter be-
| long to the State of Louisiana. not acquired at
tax sale, embraced between the Mississippi
river the Gulf of Mexico. and the Bayou La
| fourche, and to erect and construct dykes
levees etc. for the protection Of the same, and
to purchase the same from the State from time
to time. as reclaimed drained aad fitted for
cultivation, but not including any lands now
! in cultivation by actual settlers and excepting
/ any land now under fence and claimed by pre-
| emption to authorize said company to unite
with any other company that has been or may
be chartered, and to operate this charter in con-
junction with any other already granted or that
may be granted by the State of Louisiana, or
the Government of the United States to author
ize said com pany to borrow money and issue
bonds and to mortgage and pledge Its proper
ties. franchises. bonds and stock; to provide
for the issuance and disposition OF full paid
stock; to limit the Liabilities OF the stockholders
Of the said company: to remit all taxes on said
| de- Let oly
for ten years, and to repeal all laws in conflict
with this act"
The President stated that when the Senate
1 last adjourned it had under consideration the
motion to adopt the following substitute Of Mr..
White for the amendment offered by Mr.. Robert
son. viz:
In line rs, after the word river" insert the
words Immediately opposite the city of New
Orleans. and within what Is now the Fifth Mu-
nicipal District Of"
And In line Is, strike out the words at OF
near"
Mr.. White withdrew his substitute.
Mr.. Zacharie offered the following substitute
for the amendment of Mr.. Robertson. and
moved its adoption:
In line Is. after the word river" strike out
the words at or near" and substitute therefor
Opposite the city .of New Orleans. and at any
pOlHJ DebW6eu SSTT0L b ChUhl anu IL pOlHb one
hundred yards above Harvey's Canal"
Adopted.
Mr.. White offered the following amendment
to the first section and moved its adoption:
Line SO. after crafts" add that the said canal
shall never have any other exit on the Misss-
sippi river than at the place or within the limits
above named and any failure so to do or any
opening of any other exit shall operate a for
FIXTURE of this charter and as a penalty entail
the ownership Of all the property of said corpo
ration to the State of Louisiana. without cost tc
the State"
Adopted.
On motion of Mr.. Zacharie, the first section as
amended was adopted.
The second section was read and on motion o.
Mr.. Zacharie adopted
The third section was read. and on motion of
Mr.. Zacharie. was adopted.
The fourth section was read
Mr.. Eustis offered the following amendment
and moved its adoption:
Add at the end of section T. "and the company
herein incorporated, except for the purpose o.
t organization, shall enjoy the privileges and ex
erclse the rights and powers of a corporation
only after an amount equal to five per cent O.
Its capital stock shall have been actually paid IL
cash."
Mr.. Allan in the chair.
. MIR. Garland offered the following as a substi
tute for the amendment Of Mr.. Eustis.
a In section 4, after the word "determine.D |,
line 8, insert the following: Provided that tn
privileges and franchises granted by this &C
shall be forfeited IL the canal be not commences
! within five years, and completed within twent
years from the pronunciation Of this act"