The New Orleans daily Democrat. [volume] (New Orleans, La.) 1877-1880, 1878-03-27
AN ACT
No. 81

To provide for the amicable composition and
settlement OF the accounts existing be-
tween the State and the lessees Of the
Louisiana State Penitentiary, and to Sc
cure the rents yet to become due; to pro-
hibit the lessees from annulling the con
tract with the New Orleans Pacific Rail-
road, and to authorize the Governor in
certain contingencies to provide for the
maintenance Of the convicts.
SECTION 1: BE 1t enacted By the Senate and
House of Representatives of the State Of
Louisiana n, General Assembly convened,
That the Governor of the State Of Louisiana
shall select and appoint a suitable person to
State, and Messrs s. L. James and Company
shall select a person to act on their behalf in
the same capacity, which persons shall pro-
coed, within thirty days after their appoint
ment, to examine the accounts existing be-
tween the State and the lessees of the Lousi-
ana State Penitentiary;. to ascertain and fix
what amounts are due the State as rents on
said lease, and also what amounts are due the
lessees as credits for improvements or other.
wise, and determine the balance due the State.
SEC. 2. Be 1t further enacted ETC., That in
case that said amcable compounders should
fail to agree. that they shall be and are
hereby authorized to select third person by
agreement, who shall be constituted an UNI
pute between them; and when so decided,
said decision shall stand as the settlement Of
said amicable compounders.
SEC. 8. Be 1t further enacted, ETC., That
when an agreement shall have been arrived
at by said amicabe compouDders, they shall
communicate the same to the Governor in
writing. over their signatures, who shall
cause a notarial act Of pledge to be prepared
on which said $. L. James u Co. shall &C
knowledge that theyar indebted to the State
In the sum of the indebtedness settled by the
amicable compounders, and the amount to
fall due, and that they have given their prom
issory note, payable in two years from date,
bearing eight per cent interest from date
until paid, and that they have pledged for the
paymentof the same q certain claim against
the New Orleans Pacific Railroad, which shall
be therein named and specifically set forth,
which contract the said S. L. James Il Co.
shall not be allowed to change, alter or alb
rogate or annul without the consent of the
Governor, until the same shall have been full
filled or the said railroad completed or be-
come unable to comply with the contract on
their part
SEC 4. Be 1t further enacted. etc., That
said S. L. James d Co. shall, concurrently
with said act of pledge, execute the promis-
sorry note therein recited, and shall cause to
be executed a certificate of acknowledge ent
on the part of the New Orleans Pacific Rail
road OF what sums are due and which will
become due to said lessees Of said Peniten-
and shall deliver the said notes and said GER
tificate to the Governor of the State after
said certificate shall be Endorsed and trans
ferred to the Governor of the State and said
Endorsement and pledge thereafter recognized
and acknowledged by the said railroad COM
pany as binding on them.
SEC. S. Be It further enacted, etc, That
the Governor, after having received said act
of pledge and the said promissory notes and
certificate and transfer, shall deposit the
same with the Treasurer of the State, whose
duty 1t shall be to collect from time to time
the raSpecfiya amounts ag they fall due and
the Governor shall. after the reception Of the