The New Orleans daily Democrat. [volume] (New Orleans, La.) 1877-1880, 1879-07-20
THE CONVENTION.
Reconsideration Of the Vote by
Which the State Debt Ordi-
nance was Defeated.
1t is Adopted by Substitute on Second
Reading and Made the Special
Order for Monday.
Final Passage Of Number Of Ordinances
Adoption Of the One on Delinquent
Taxes on Second Reading.
SATURDAY, July 10.

Taxes on Second Reading.
.-......s ...= SATURDAY, July 10.
'Ther Convention was called to order at 8
O'clock. President Witt In the chair and
quorum present.
THE FREE SCHOOL AND OTHER FUNDS.
The ordinance reported by the special com
mittee on this subject was taken up as I'M
finished business the pending question being
on Delegate Sutherlin's amendment to article
q which proposed to raise the amount due to
the Agricultural and Mechanical College from
$1s2, sl3 to s2o5, $50, which was adopted by a
vote of 3S yeas to 36 nays.
The article, as amended, was then adopted
yeas 40, nays 3d.
Delegate Lyons offered the following sub
stitute for the fourth section, which was
afhe interest provided forby this ordinance
shall be paid out Of any tax that maybe levied
aud collected for the general purposes OF pub
! lie education
Delegate Forman moved to reconsider the
vote by which the third section had been
adopted. Laid on the table.
The ordnan % was then put on Its third and
| final reading under a Suspension OF the rules.
| Delegate Leake called for q separate vote
| The yeas and nays were taken on the sec
| ton. resultug-yeas A. nays 38, and the
section WAS defeated not having received G8
votes.
me yeas and nays were then demanded on
the adoption of the remainder OF the ordi-
nance, resulting yeas ", nays 10, ana Inc
| ordinance was adopted.
| Delegate Leake moved to reconsider the
vote by which section was lost on its third
reading. Adopted.
The article was then recOnsidered on second
reading and amended by substituting $780,
313 50 for $2D5, $50
passed to lis third reading, and under sus-
pension of the rules, finally passed-yeas "a,
nays o.
By Delegate Luekett--
Whereas, there exists in this State two
large factions who honestly differ as to the
| proper manner Of settling Inc DOndeu deDb vi
| the State; and
Whereas, d majority Of the whole number
of delegates of this Convention cannot agree
upon any settlement; therefore, be 1T
1 ResOlred That we do submit to the quail
fed electors of the State separate from the
Convention, for ratification, the ordinance rs
already passed on It's seeond reading, and on
the ordinance based on fifty per cent OF the
principal, and bearing four per cent Interest;
the ordinance receiving the majority OF the
votes cast to be part OF the new constttu-
ton. ~
The resolution went over under the rules.
THE DEBT DUE THE FISCAL AGENT.
The ordinance reported by the Committee
on State Debt, relative to the amount due the
Fiscal Agent, was taken up anu passed lts
second reading as follows:
ARTICLE /. Tho debt due from the State to its
| Fiscal Agent, being in amount one hundred ana
eighty seven thousand seventy I seven dollars
and twenty cents sssd7 .r sa1set 70
ing out Of taxes due t. the Interest fund since
June 30, 1879. which said debt WAS created under
ths contract made between the Board o. IL
EDUCATORS and tha Fiscal Agent, under date OF
wenty-nf h Of May, 1877, aud un,ier act No. %,
session Of the L.g,slature OF 1873 Is hereby ae,
the Legislature hall. at lis first session az
the adoption Of this constitution. provide for
the payment of the same; and he Fiscal Agent
shall, is d condition precedent to said payment
surrender and deliver to the Auditor OF the
State for CANCEL .tton the inter est cuupo viii
the time of maKing The advances which created
the SAID indeb einess but the rate Of Interest
to be allowed said Fiscal Agent shall be at the
alto cf four per cent per annum until the debt
Inc rules we're suspended in order to place
the ordinance on it's third reading, and 1t was
finally adopted-yeas 81, nays 2.
DELINQUENT TAXES.
The ordinance reported by the Committee
on Taxation, relative to delinvuent taxes, was
taken upon its second reading.
The first article was adopted, as follows:
Be i ordained By ths Rsotle !, %f Louisiana a IN
allies. costs. fees and charges whatever on taxes
dus the State Or any political corporation there.
in prior to the first day OF january. 1873, and
yet unpaid. are remitted. and all property FOR
felted to the State or any political CORPORATE 2
on account of non payment ftaxes. orto Wf1ch
the state or any political eorporatlon; now nhs
state or any political corporation thereto atl
pulled upon tbs payment by the debtor or any
interested party Of tue prinepal OF f. oil tax.
| 1 hafn q ha i'll thereon
} ton and this right Of redemption shall continue
until the first day OF January, 1881. In the even,
imethei interest penalties, costs fees and charges
hereinbefore remited shall revive and attach
to the property upon Hhieh the taxes ,d Pr dn ne
, tmanner to be provided by Jaw. ana the titie o.
, the purchaser shall be full and completa: pro
uided. that nothing herein contained shan b.
construed as affecting the rights OF Third per.
sons who may have purchased property legal
assessed and sold at lax sales. or from the State
legally forfeited to or purchas,sdi hy the e !.
or such corporation land prortded fnruter, thai
: nothing in this ordinance shall De Ia taRen az
cipal of said taxes; and pToptded fmfu1er
Interest strut aetrHe aHa be collected on The
principal of said delinquent taxes at the rate o
5 per cent per annum from January the first
1880; and on all said taxes paid discount 9
10 per cent per annum shall De allowed a from the
date of payment to January the l1rsI, 1851.
Pending consideration Of article the Con
vention took recess until 2:30p. m.
After Recess.
The Convention reassembled at 2:30 p m.
THE STATE DEBT.
Delegate Cunningham called up his motor
to reconsider the vote by which the State
! debt ordinance was defeated
The previous question Was called on the
motion, which was ordered-yeas 80. nays 8
!, The motion to reconsider then prevailed
yeas H. nays II.
Delegate Cunningham moved to reconsider
the vote by which the ordinance Was adopted
on it's second reading. Adopted without
division.
Delegate Lyons offered the following sub
: stitute for the entire ordinance:
ARTICLE i. Be- 1t ordained, That the interes
to De paid on the consolidated bonds Of the
} State OF Louisiana be and IL hereby fxed at two
, per cent for FIVE years from January |. 1880
!. three per cent for fifteen years. md tour pe
cent thereafter: and there shall be levied az
annual tax sufficient fee the paym a O. sal
| all State taxes being hereby fixed at six mills