The Meridional. (Abbeville, La.) 1856-1906, 1902-09-20

% II
and August of every year, said BOARD Of Liquida
ton, in accordance with rules to be adopted and
made public byit, shall, after paying the semi
annual interest on said bonds purchase or re
deem with such money thus set apart as may
have accumulated, and with the surplus OF the
remaining eighty per cent as hereinafter provided,
as many of said bonds as SAID money viii BUY or
redeem, preference being givento holders offering
at the lowest rate; and all such bonds so purchas-
ed or redeemed shall be by said Board of Liqui-
dation Immediately Cancelled, and a record made
thereof. From the remaining eighty per cent of
said fund there shall be paid monthly the current
salaries and expenses of the offices from which
the same is derived, including the salary of the
docket and minute clerks of the Court of Appeal,
as now constituted and until the election OF the
clerk OF the said court, az above provided to.
gether with such authorized expenses of said
offices as are not repaired to be paid by the City
of New Orleans; and the surplus OF said eighty
per cent, if any shall be paid by the Treasurer
to the said Board of Liquidation, and shall be
used to redeem or pay said bonds and certificates
as hereinbefore and hereafter provided. But If
said eighty per cent during the six months end
ing July 5,st Or January 3tst OF any year, should
ses, the comptroller shall proTate The de1cit
among those entitled to payment and shall issue
certificates therefor in sums not less than ten dol
lars, which shall bear interest at the rate OF tour
per cent per annum from date, and said interest
Shall be paid annually, but the principal OF
said certificates shall be paid fiom the funds
herein st apart and reserved only after all the
bonds issued in payment of outstanding war
rants shall have first been redeemed or paid.
All disbursements from SAID funQ TOR Station-
cry shall be made upon the requisitlon OF the
officers requiring same; said requisition to be
approved by the mayor of the City OF New Or.
leans: and in all cases such disbursements and
all salaries shall be paid by the Treasurer of
the City of New Orleans upon warrants drawn
against said fund by the Comptroller of said city.
approved 50 far as the Civil District Court is con
cerned by the presiding judge thereof, for the
office of Register of Convevances, by the Mayor
of the iy OF New Orleans ard for the offices
Of the respective city courts by the Judge or
/ .I~a,r tIarapf and for the officers ct fhH Court
! of Appeal by one of the judges thereof. Until
the full and final payment OF all said bonds and
certificates hereinbetore provided tor the salaries
of the employees of the various ofices hereinafter
namep shall remain as now fixed by law. and
there shall be no increase in the number OF EN-
ployees now authorized by law Tor the ofhces Oh
recorder of mortgages or register of conveyances.
unless otherwise ordered by the Civil District
Court sitting en- bare; and the number OF en-
/ ploye $ of the Civil District ourt shall be as
determined BY a majority of the judges thereof.
! The { Jerks of the first and second city courts,
until the organization of the city courts hereinbe-
fore provided for. may. each appoint with the
approval of the Judges thereof, an additional dep
uty clerk at fifty dollars per month but no other
employers. nor larger salaries than those now
fixed BY law, shall be allowed to the city courts
manned shall have the right to reject any and
all bids made for the redemption OF bonds
issued as hereinabove provided, and should
there be no bids, or none accepted, then said
Board of Liquidation on the second Tuesday
in FEBRUARY and August of each year with
whatever amount has been pa q 10 Saiu boafa
by the treasurer as herein provided shall, after
paying the interest pay said bonds in numeri,
cal order. After the payment of all of said
bonds. the twenty per cent reserve herein pro
vided and any surplus of the rem lining eighty
per cent. shall be used by the City Treasurer
in paving the certificates herein provided for;
if any, in the order of their issue. When said
judicial expense fund bonds and comptroller
certificates, if any of the latter shall be issued
shall have been retired and cancelled, the sala.
ries and expenses of the various officers. effected
by this article and the ,evenue of said officers
shall be regulated and disposed OF as may be
determined by the General Assembly. This arti-
Gle shall take effect from the last day OF the
current month in which this constitution is adop..
ted and all amounts arising from the Judicial
expense fund, which shall remain in the hands
of the state Treasurer on thst date. shall be paid
bv him to the Board of Liquidation of the City
Debt, and be used by said board as part OF the
funds herein above referred to
tSigned) J.9. sANDEno,
Speaker of the House OF Representatives..
(Signed) ALBERT ESTOPINAL
lieutenant Governor and President of the Senate
Approved: July 10th, A D 1902
Governor of the state of louisiana.
A true copy:
IOHN L. MICHEL,
Secretary of State.