The New Orleans daily Democrat. [volume] (New Orleans, La.) 1877-1880, 1879-09-17
III You wish to enjoy q rare musical treat q
to drunewald Hall Monday evening.
CITY COUNCIL.

There was regular meeting of the Council
at II m. yesterday. Present: Mayor Patton. IL
the chair. and Administrators Chevaliey, Glynn
Isaacson. Mealey and Marks.
A number OF ordinances appropriatina money
for the expenses OF the various departments
we're adopted.
The dog ordinance was called up.
Mr. Chevalley moved to postpone.
Mr.. Marks wanted the ordinance voted down
and said he would therefore vote against the
motion TO postpone. He believed Ii would cos
more to collect the tax than II would amount to
Thebest plan for getting rid Of the dogs was
the good old sausage plan. and the only thlnc
necessary was to provide some speedy means 81
carrying of the carcasses.
Mr. Isaacson said II the ordinance was to bt
passed It should be- passed quickly. as he wanted
sufficient time to have the pretty tags made
The motion to postpone being put. was car
ried, and the lives Of many are saved for some
time at least.
A petition was received from the Riverside
Rowing Club asking for indemnity for damage
suffered by the club In loes OF house and boats
In the late storm. Referred to COMMITTEES on tbs
whole.
Hirardey and other large taxpayers and also
holders OF city bonds. Judgments Hnt eertth-
extipgnish the entire municipal debt. judgment
claims and the bonded and floating debt. The
following are the mHin features OK the plan II
coGtemplates conversion Of the debt into an
active banking capital. SO much needed and Of
such difficult attraction. % MD and stimulate
he Il Wb a nrsaes
the following outline:
Tha, f. M farm end ersdters G he
Under liz banking law to Be known rs TIE Oily
Security and Banking COMPANY.
.. That the capital Of said association shall
Sen a1a adgnens and ostps
either at their face value or at their present
market valde with or 10 per cent cash
.. That whenever ne-half or two-thirds Of
the debt il subscribed To the capital stock of
said bank and paid into the city treasury. can
citation all the available property and fran
chises which can properly be leased or dis
posed of fer d sufficient length OF time or term
Ut years, such as:
The public markets.
The wkaTyes aud landings,
The ferries and sugar sheds.
The reversfon OF the citys rights In the sugar
sheds.
The reyersion Of the right Of the city in all
the horse car railroads and those constructed
during the lease.
The reversion of the right of the city in the
New Orleans Gaelight Company.
The Waarworka and materials, or the stock
The trans fer sf al such real estate and per-
sonal property as is not absolutely necessary
or dedicated to public use
And all the back taxes up to the current year.
All the above property to be kept In good Or
der and subject to the public uses to which they
are now devoted, under such regulations as re-
CARDS police, health and tariff and rs may be
necessary to protect the public interests. except
the taxes.
In consideration Of the foregoing the snid as
ISOLATION shall liuuilate the whole indebtedness
of The city. principal and interest.
We propose to cOnsummate this arrange
ment within twelve months after having OBJ
tained the necessary legislation, should the
present authority of the City Council be made
auate and the latter b. deemed requisite. !.
Lot this plan be initiated by the city admins
tration under the auspices
l. or each of the presidents OF our banks.
2. Or each Of the presidents OF our Insurance
companies.
81 fhe officers Of the Chamber OF Commerce
and Cotton Exchange
4. The foreign Consus. such as the repre-
sentatises OF Great Britain. France. Germany.
Spain and Italy.
3. The Governor. Lieutenant Governor, Treas
urer and Auditor.
g. The representatives Of the press Of the city,
with a properly prepared prospectus show ng
the resources Of the scheme under an organ iza-
ton composed of the most respectable and best
adm Illustrative ability obainable In our midst
and tho legislation needed to render 1t perfectly
practical. It Is deemed not extrnvagant to anti
cipate for 1t the most completes su ccess
The communication was referred to the COM
mittee Of the whole, and the Council thereupon
adjourned,