The New Orleans daily Democrat. [volume] (New Orleans, La.) 1877-1880, 1879-01-29

.AOSOD
-----------.-s.----.-----..-- --.-----u-s-su.
fo,,o,u,r,, s,,,,,,a,,r,ts osraroa h., Tho o,,,-
.ono"ihs @lnelie'iiei'o oioi0" w 'no ooln-
nlttee:
No. 1. Strike out In section the following
words.
"And .u 80 u,.,,,.oo ,h.ro,,,
anu aiIer all mems ana pr1Vlieges Inereon
Low SHisung or whlch may exisI When saiu
seconu mortgage herein proVideu Ior 10
eAecuoeo.
No. 2. Add to section 1:
"Proyided. that mn liana mr. y,rivilnoee other
than the said fret mnrtgaoa hnnds m the
company shall he in ayistapso ~ ;nf.pn,sad
so as to have preferences over r. the second
mortgage bonds ~ tba oomnopw IN favor
If the State" 0 company IL i"'"i
~. A., e. .oo.,1., n.
W. % n"u ~ o'o'ion
p ~ d assoy, - ,a1a re, aaaI secllon on
is7s' entitled IAN act to AUTHORIZE the loan ~
State bonds to the New Orleans Pacific Rail-
way Company" etc, be amended and re-
enacted SO as TO reau as ioi LOVE, 10 VIII:
this act shall he made as soon as the act shall
| take effect, but shall be for the sum OF
| $3.50, 900 ONLY represented by the work actually
done on said railway. Thereafter all issues
| OF said State bonds shall be at the rate of
$4,000 per mile for every section OF ten miles
OF road graded, bridged and metaled, to be
shown by the certificate Of the engineer OF the
company and one OF the engineers OF the
State, or II the office of State Engineer no
longer exists, OF o civil engineer detailed by
| qulre any railway on It's line already con-
structed, IN whole or In part, such acquired
railway wnen found or put In running order
shall pc taken as part OF the railway OF said
com pany, with reference to which State bonds
shall be Issued under this act at the rate Of
S10,ooO per mile OF the same whenever the
that on such acquired road the bonds of the
company In favor OF the State shall rank only
bonds, and that no other mortgage, lien or
prayaraSoe y, oanr tha hands - th snal nave
favor OF the state" p"' -
| SEC. 3. BE further enacted, etc, That this
acI shali lake enecI from ana AFTER its pas
~ .aa 81 tho .,.,o =, tho ,,u :. H..
line oftor tha ,rord nd f,,,ro 49,, 70, ..ss
~, ,a,1,..,,,,. ..a .ao.,a1n ~ ND' 'no
M Fills in accordance with notice givep
on Yesterday. submitted the following mi.
noritv report. Of the committee.
To the Honorable President and Members of
the Senate:
| The undersigned, members OF the Com
nis t gu aaill o3; i.u.K .ue M
on Senate bin No. 6. and believe the same
should not become law for the following
reasons, TO VIII:
state deht has been reacbed '''' u s10
| 2. The financial condition Of the State Is
such that we 90 not believe the Legislature
W th s ~ Jus y. i 40 pieogg me IL G,e th.
sum OF two millions of dollars. - '
3. We do not believe the security offered by
t1e company y suhic'eht or allords any pro-
'oo' ResnectfniIv submitted
G. Fl. ELLIS,
| VIM. HAKPEk.
| Mr.. Stamps moved that the Senate adjourn.
The motion was lost.
Consideration resumed of Senate bill No. 6.
| On motion of Mr.. Steven further considera-
ton OF the bill at this time was dispensed
with. and the bill was made the special order
for Tuesday next. at o'clock %. m.
Senate bill No. 80, entitled
can act to fix the salary of the clerk of the
Supreme Court at New Orleans: to provide
for the contingent expenses of his Office; to
provide for the payment of the same; to dis
pose of costs collected by said clerk, and for
other purposes"
Was taken up under the unfavorable report
OF the Committee on the Judiciary, and, on
motion of Mr.. Steven. further consideration
of the bill was indefinitely postponed.
Senate bill No A,
"An act to incorporate the town OF New
Iberia, in the parish Of Iberia, fix its bound
aries, provide for the government Of the same
! and to repeal all laws or parts Of laws incOn-
sistent herewith"
| Was taken up under the favorable report OF
the Committee on Corporations and Parochial
Affairs, with the following amendments
offered by the committee:
| Between the words in the first section Of
the bill. COMPLIMENTARY to a point" and the
words "hundred wards from the Bavon
Tecbe " strike ont, the word "ffteen~ and in.
aert in ,;e,, thereof tho word "elevenn Tn tho
aecond aection If the hi, hetween tho word.
a;mmovahles within tho town, and tho
worda "and thew have barehv - inaer+ tbe
words ..nrovided. said tax shall not exceed in
anv one wear seven mills ON the doIlarn Tn
the fifth section strike out the words. "either