The New Orleans daily Democrat. [volume] (New Orleans, La.) 1877-1880, 1879-07-20

Mr.. Richardson moved that the amendment,
be laid upon the table. on which motion thu
yeas and nays were called for, with the fol
lowing result;
Yeas-Messrs. Allain, Babeoek, Baskin
Bell. Rienvenu. Blanchard, Bolton. Bour
geois, BEidger. Brian, Bulow, Burton, Byrne
Caifrey Cahen. Carey, Cnatfe. Chtapella
Claiborne Cunningham, Davenport, David
son of Claiborne, Demas, Dickefson, ntllafa
Easterly. Edwards, Elan. Estopinai, Faux
Fayrpt, Forman. Gardner. Gaskins, George
Gla. Covers, Grimes. Hazard. Heron. Hough
Howell. .Iastrpmski, Jenkins, Jofftion. Kemp
Kennedy. Kernochan. Kidd, kirkman. Knob
lock. Lagan, Leake. LeGarremr; IT., Loan
land. Moore Of Lafourche, Moore Of "
Landry, Noguea. Mutt Olivier. Parlange
Ptnchhack, Ioehe, Reid. Richardson. Roach
Robertson. Self. Semmes Stagg, Stevenson
Stone, Stringfellow. Sutherlin, Thompson
Todd. Watkins. Wells. White, Young ot Con
Nays-Messrs. Bohle, BreanX. Breen, Col
Inns. Golvin, Davidson of Ihervtle, Denis, Fon
telieu, Gtrard, Gueringer, Henry OF Cameron
Henry Of Natehteehes Kelly. Lanauk, Land
uell, McGloin. Ogden, Ott,. P,ardee, Phelps
Rivet. Simon, Smith OF St Mary, Stamps
Stewart, Strevieh. Vance, Webb-34.
Ahsent-Messrs Benham. Bulger, Davis
King. Landry. Marshall, Ponder, Smith o
jackson, Steele, Warlnoth. Williams OF
Grant--l1.
The motion to lay upon the table prevailed
Mr.. Lott offered the following amendment
to the substitute of Mr.. Richardson:
Add the words. "Prossded, that 1t Is the
true intent aud meaning Of this ordinance that
the whole question of tho public teht should
be and is hereby referred to the people fol
final adjudication.
Mr.. knohloct offered the following amend
ment to the substitute Of Mr.. Richardson
Add at the end thereof the following words
"lsurided, that the holders of the bonds may
at their option receive new bonds at the face
value of the bonds surrendered. which said
new bonds shall bear two per cent interest for
live years from the first January, 1850. three
per cent for ten years FROM the first January.
1885, aud four per cent thereafter, said in
terest to be payable quarterly: and there
shall be levied annually tax OF two and one
half mills on the dollar, inclusive of the limit
as fixed by article - of this constitution.
which tax shall be set apart as a special fund
fund for the payment of interest on and re-
demp,tton Of the principal Of the consolidated
debt.
there being already pending an amendment
to the substitute. a second amendment was
not In order. unless as an amendment to the
first amendment.
The Chair Mr.. Poche In the chair| ruled
that the second amendment was in order, az
the first amendment was directory Of the
manner of executing both the substitute and
Mr., knoblocSs amendment.
Mr. Stone appealed from the ruling of the
Chair. The appeal, on the motion of MI
Demas. was laid upon the table.
f pi,},o {n3
offered by Mr.. Lott.
On the amendment offered by Mr.. knoblock
the yeas and nays were called for. with the
result:
feas-Messrs Allan, Babcock Bell,
Blanchard, Bobie, Bolton, Bourgeois Breaux,
Breen, t Brian ia cBBnlger, Rasten, Catfrey, Ga
Davenport. Davidson OF ioervilIe, Demas.
pens, Diekerson, Edwards, Favrot. Fonte-
ieu Gardner. George, ella, Grimes, Heron.
Hough, Jastremsti. kernoehan. knoblock,
Loan, Marks, Matthews, Mentz, Moore Of La
ourehe, Mcconnell, .Noguez. Olivier. OFT, |
pardee. Parlange, Phelps. Piuehbaek, Robert |
,on. Semmes, Smith OF St. Mary, Stamps. |
Stevenson, Stewart, Stripgfellow, Strovleh, |
oneerda Young Of e East Baon npang
Nays-Messrs. Basktn, Bienvenu. Bridger,
Sulow, Byrne. Carey, Colvin, Cunning ham,
Davidson Of Claiborne. billiard. Easterly,
Clam, Estopina,, Faulk. Farman, Gaskius,
cameron, Henry Of Natehitoehes. Howell,
[enkins. Joffrion. Kelly, Kemp, Kennedy.
Kidd. kirk,nan, Lagan, Land. Long. Lott,
,a ]. Lyons. Milard. Moreland, Moore Of
''oche, Reid, Rivet, Richardson, Roaeh, Self.
,imon, Stage, Stone Sntherln. Thompson,
'odd. Vance, Watkins. Webb, Wells-5e.
Absent lessrs. Benham, Davis. King.
iarshall. Ponder, Smith of Jackson, Steele
farmoth, Williams of Grant,.
Mr.. Forman offered an amendment to Mr..
richardson's substitute, as follows:
Strike out all after the word 'ordained.
own to the ptoviso of the gentleman from
rents tl OF interest or principal of State con-
olidated bonds shall be made except In pur-
uanee of this ordinance. The Governor,
treasurer and Auditor shall cause to be en-
called, new bonds Of the denomina-
ons OF tive and one Thousand dollars,
caring four per cent interest per an. +,
un. with interest coupons attached, which
lterest coupons shall be receivable for taxes, 4
| the year in which they are due. The bonds | J
aall be payable in thirty-tive years from the
rst OF january, 1880 and they shall be ex-
hanged for the outstanding consoIs at the
Lite OF seventy-five cents OF the new bonds | +
y each dollar OF the consolidated bonds
Y SHtll HS luttuC Htt5I Tue year 1851. /
he interest tax shall be two and ne-half 8
ills on the dollar; provided. no State tax b
Sceeding five mills on the dollar shall be ),
We'd or collected in any one year on the as
ssed value of property, which shall not ex-
ed its cost market value.
Mr.. Stone offered the following amendment 9
article I: Is
Strike out all after the word "at" in line !
81 insert, "2 per cent for five years, 8 per q
Mt Tor ten years and per cent thereafter; =
id there shall he a two and Il half mill tax
I five years and three mill tax thereafter, .
[ the payment of the said interest :
Slat the limit of all State taxes be fixed at
nlllsd a half mills for five years, and at six q
Mr.. F sJIeafter e
he amenda2n moved the previous question on Il
Bv a rislnJs, substitute and article l. b
notion was seeS e5e Of 50 yeas to "a nays the !,
On Mr.. stones 4 by the Convention. a
lays resulted as follow llene 'ne yeas ana = =
,, 5eazmMtT Rax, Allan, Ba,oock Ri,
oTeen, BifSn, Bulvar ,gtfGeOlS, RrPauX. | RI