The Bossier banner. [volume] (Bellevue, Bossier Parish, La.) 1859-1952, 1902-10-23


the General Assembly shall fix the eom-
pensation Of said Board.
1Signed) J.Y. SANDERS,
Speaker OF the House of Representatives.
(Signed) ALBERT ESTOPINAL,
Lieutenant Governor and President of
the Senate.
Approved: July 9th, A. D. 1902.
w. w. HEARD,
Governor of the State of Louisiana.
A true copy:
JOHN T. MICHEL,
Secretary of State.
Act No. 1921 Senate Bill No. "a.
Amending Article 156 Of the Constitution
of the State of Louisiana.
Be it enacted by the General Assembly
of the State of Louisiana, major
ity of both Houses concurring, That at
the next general election for Congress
men to be held in this State on the first
Tuesday in the month of November,
1902, there shall be submitted to the
qualified electors of this State an
amendment to Article 156 of the Consti-
tuition of this State, so that the same
shall read as follows, to-w1t:
Article 1856. All valid warrants issued
for salaries and authorized expenses OF
the Offices of the clerks of the Civil Dis
trict Court, Register of Conveyances and
Recorder of Mortgages for the parish OF
Orleans, of the Clerks of the City Courts
of City of New Orleans, and for salaries
of the Clerks of the Court of Appeal,
which are payable out of the special
judicial expense fund provided for by
Articlesfi6 OF the Constitution of 1879, as
amended, and which shall be outstanding
and unpaid at the date of sdoption Of
this Constitution, OF which shall be
issued for the current month in which
this Constitution is adopted, are hereby
declared to be valid and subsisting claims
against the revenues of the respective
Offices upon which said fund was made
dependent.
The holders of said warrants may
present them within six months after the
adoption of this Constitution to the
Board of Liquidation Of the City Debt,
and receive therefor the bonds hereinar-
ter authorized to be issued; and the City
of New Orleans is required, within three
months from the adoption of this Con-
stitution, to provide for said warrants or
claims, by the issuance of bonds in the
sum Of two hundred and twenty-five
thousand dollars, or 80 much thereof as
may be necessary; said bonds shah be
for the face value of said warrants, in
such denominations as the said Board of
Liquidation shall recommend and shall
be dated July list, 1888, and made payable
twenty-five years after date, or earlier,
80 ~ ans1 Oh Ill
bear per cent. per annum interest,
payable semi-annually, and represented
by interest coupons attached thereto,
the first of said coupons payable January
list, 1899; said bonds to be known as
Judicial Expense Fund Bonds, and to be
signed by the Mayor and Comptroller Of
the City of New Orleans, and delivered
to the Board of Liquidation of the City
Debt and shall be countersigned by the
President and Secretary of said Board
and issued by said Board to the holders
OF said warrants upon surrender of same.
Neither the State of Louisiana nor the
City of New Orleans shall ever be liable
for the payment of said bonds nor the
interest thereon, except ftom the special
fund herein provided for, and any ap-
preparation OF other provision therefor
made by the State or city shall be null
and void. There shall be stamped across
the face of said bonds the words: "Issu-
ed in accorcance with Articles 1855 of the
Constitution of Louisiana of 1885," The
Clerk of the Civil District Court, Reg
lister OF Conveyances and Recorder Of
Mortgages for the Parish of Orleans and
the Clerks Of the City Courts Of New Or
leans, shall keep accurate and detailed
accounts in books to be used exclusively
for that purpose of all fees and charges
collected in their Offices, respectively,
and they shall furnish, daily, to the City
Comptroller, transcripts of said accounts
duly certified by them or by their au-
thority, and said officers shall alsy daily
pay into the Treasury of the City Of New
Orleans the whole amount of fees and
charges SO collected. From the amounts
thus paid into the City Treasury the
Treasurer shall set anart and reserve
twenty per cent out of which shall first
be paid the expences necessary for the
preparation and execution of the afore-
said bonds, and thereafter the same shall
be used solely and exclusively to retire
the bonds issued in payment of said Ju-
dicial Expense Fund warrants and in
terest thereon, and the certificate of the
Comptroller hereinafter authorized; and
upon the second Tuesday in December
and June of every year the said Treas
urer shall pay said Treasurer shall pay
said amonsts so reserved, and also the
amounts received from the Civil Sheriff,
to the Board of Liquidation of the City
Debt, until all the bonds herein author
lied have been retired or paid; and on
the second Tuesday in FEBRUARY and Au-
gust of every year, said Board of Liqui-
dation, in accordance with rules to be
adopted and made public by it, shall,
after paying the semi annual interest on
said bonds, purchase or redeem with such
money thus set apart as may have accu-
INFLATED, and with the surplus of the
remaining eighty per cent as hereinafte,
provided, as many Of said bonds as said
money win buy or redeem, preference
being given to holders offering at the
lowest rate; and all such bonds SO pur-