The New Orleans daily Democrat. [volume] (New Orleans, La.) 1877-1880, 1878-12-20
BY Nash IL Hodgson.
wv J. HODGSON. Auctionenr- Office No ~ Ga
rontlelet street.

|
| or THE
REVENUES OF THE PUBLIC MARK TS
FOR THE YEAR 1879.
DEPARTMENT or COMMERCE. Cry Hall. /
| New Orleans Deeember II. Is1s I
! VIII bo sold Mt public auction, In tho Council
| Chamber. City Hall, on MONDAY December
| N. 1878 nj II O'Clock m. tho revenues OF the
Public Markets. for the year 1870. viz:
Fruit and Vegetable Markets.
French Meat Market.
Poydras and Pile Markets.
IRENE Market
Washington and Port Markets..
st. Bernard Market
LaBretnn Market.
1T. Mary's Market.
Magazine Market.
Jefferson City Market.
Sorapuru Market
Ninth Rtroei Market.
hlgiers Market
Claiborne Market.
Dryades Market.
TERMS. CONDITIONS AND sPECIFIGA-
TIONa.
LECTION 1 Tho revenues Of each market will
bo sold separately. ench adjudication being for
twelve months, say from January I. 1879. to De
eember y; 1879 nj so r"t"l per ""n"'".
SFC .. Tho purchasers lessees shall pay
In cash. In United States currency. on Tho
| SPOT mt the moment Of adjudcation 10 per
rent Of the gross bid for one year, and shall
luton Of the City Council approving tho sale Of
said revenues. appear before the City Notary
and execute snnt'acts for said market revenues
respectively and separdtflV. Mt which time they
February, March April, May. June. July
Decembt 1879. said notes to be- ndorsed to tho
satisfaction Of The Mayor and Administrator of
Finance, and made naVable. respectively. on the
twentieth day. fred of each month preeedng
tho month for Which NE note is girpu which
notes shall boar per cont per Hnnum interest
from maturity till paid,
1879. shall be- deducted from the deposit Of tho
10 per cent made NJ tho time Of adjudication
and the residue or balance of said deposit Of 10
ner cent shall be held by the Administrator Of
Finance as an additional guarantee or security
Tor the faithful payment OF tho balance Of the
contract notes. and will be deducted finally In
settlement of the December notes due In No
vemter. 1879; provided, NIL previous notes given
shall have been promptly paid and there no
claims by the city for losses or damages against
the makers or indOrSera Of said notes by reason
Of failure to comply with all the terms and con
ditionS Of tho original sales.
SEC. 4. It shall he stipulated In said contracts
or lease that in the event of the non payment of
any Of said notes Mt maturity. tho said lease or
leases shall thereby be forfeited and become
null and void at the option Of the City Council
which City Council may re enter upon the DOS
session Of said marker or markets.. without legal
proceedings and may readJudicate the same
for the unexpired term Of said lease or leases
either by pubic auction or through sealed pro-
pOsals. for account and at the risk and expense
q the defaulting purchaser. and without in
demnity.
SEC. :. The person to whom the revenues Of
any Of the public markets shall be sold shall
not sell transfer set over or assign his right
title or interest In the same to any person what
ever. without having previously obtained the
consent Of the City Council.
SEC. 6. The purchasers or lessees OF each mar
ket. and the persons who indorse their notes as
above provided. shall all sign the notarial con
tract above specified; and In said act 1t shall be
stipulated
l. That on tho non payment OF any note or
notes at maturity. all the subsequent notes
shall Immediately become due and ekigible.
2. That said notes shall be payable only In
current money of the United States
3. That the makers and indorsers Of said
notes renounce and surrender all right to set
10 in compensation or set of against the city
any claim Of any kind or nature whatsoever
that they now have or may hereafter acquire,
against the city Of New Orleans, and that said
makers and indorsers bind themselves not 10
make any attempt TO violate the provisions Of
this section. under q penalty OF five thousand
dollars, for which they bind themselves In
solIdo
SEC. I. The city will retain the police control
of the mark cts and compel tina enforcement Of
existing ordinances, or OF those ordinances
which may hereafter be adopted by the City
Council.
SECS The city reserves the right to reject any
JOHN HENRY BEHAN,
deI8 I'd Administrator Of Commerce,