The Lafayette gazette. [volume] (Lafayette, La.) 1893-1921, 1902-10-18


December and June of every year the said
Treasurer shall pay said amounts re.
served, and also the amounts received from
the Civil Sheriff, to the Board of Liquidation
of the City Debt, until all the bonds herein
authorized have been retired paid; and
on the second Tuesday in February and
August OF every year, said Board of Lii
quotation, in accordance with rules to- be
adopted and made public by il, shall, after
paying the semi-annual interest on said
bonds, purchase or redeem 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 said money will buy
or redeem, preference being given to holders
offering at the lowest rate; and all such
bonds SO purchased or redeemed shall be
by said Board of Liquidation Immediately
cancelled, and record made thereof.
From the rema lining eighty per cent of said
fund there shall be paid monthly the cur
rent 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, above provided, together with
such authorized expenses of said Offices
not required to be paid by the City of New
Orleans; and the surplus of said eighty per
cent, if any, shall be paid ny the Treasurer
to the said Board of Liquidation, and shall
be used to redeem pay said bonds and
certificates as hereinbefore and her einafter
provided. But if said eighty per cent dur
ing the six months ending July 81, or Jam
uary 81, of any year, should prove made
quate to pay said salaries and expenses, the
Comptroller shall Prorate the deficit among
those entitled to payment. and shall issue
certificates therefor in sums not less than
ten dollars, which shall bear interert at the
rate of four per cent per annun from date,
and said interest shall be paid annually, but
the principal of said certificates shall he
paid from the funds herein set apart and re-
served only after all the bonds issued in
0avmenf of outstanding shall have
first been redeemed or paid.
All disbursements from said fund for sta
tionery shall be made upon the requisition of
the officers requiring same; said requisition
to be approved by the mayor of the City of
New Orleans; and in all cases such disburse-
ments and all salaries shall be paid by the
Treasurer of the City of New Orleans upon
warrants drawn against said fund by the
of said city. approved. SO far as
he Civil District Court is concerned by the
presiding Judge thereof, for the Office of Re-
:order of Mortgages and the office of Regis
er of Conveyapces, by the Mayor of the CT
y of New Orleans and for the Offices of the
city courts by the judge or judges
hereof and for the officers of the Court of
Appeal by one of the judges thereof. Until
he full and final payment of all said bonds
md certificates hereinbefore provided for
he salaries of the employees of the various
'f1ices herein after named shall remain as now
xed by law, and there shall be no increase
n the numbef of employees now authorized
~ law for the Offices of recorder of mortga-
res or register of conveyances, unless other
wise ordered by the Civil District Court Sit
ing en- banc; and the number of employees
f the Civil District Court shall be deter
mined by ma jority of the judges thereof
The Clerks of the first and second city courts.
ntil the organization of the city conrts here,
orbefore provided tor, may each appoint with
he approval of the judges thereof, an add-
ional deputy clerk at fifty dollars per month,
u: no other employees, nor larger salaries
han those now tnxed by law, shall be allow
d to the city courts The said Board of
liquidation hereinbefore named shall have
he right to reject any and all bids made for
he redemption of bonds issued herena-
ove provided, and should there be no bids,
ton, on the second Tuesday in February
nd August of each year, with whatever
mount has been paid to said board by the
reasurer as herein provided, shall, after pay
ng the interest, pay said bonds in numerical
rider. After the payment of all of said
onds, the twenty per cent, reserve herein
rovided, and any surplus of the remaining
ighty per cent, shall be used by the City
rovided for, if any, in the order of their is
ue. When said judicial expense fund bonds
nd comptroller certificates, if any of the lat
er shall be issued, shall have been retired
nd Cancelled, the salaries and expenses of
he various officers effected by this article and
he revenue of said officers shall be regulated
nd disposed of as may he determined by the
;eneral Assembly. This article shall take
meet from the last Qay OF the current
!, which this constitution is adopted. and all
mounts arising from the judicial expense
and, which shall remain in the hands of the
tate Treasurer on that date, shall be paid
y him to the Board of Liquidation of the
ty Debt, and be used by said board as part
the funds herein above referred to.
5igned) ]. Y. SANDERS,
Speaker of the House of Representatives.
Signed) ALBERT ESTOPINAL.
lieutenant Governor and President of the
Senate.
Approved: July 10, A. D. 1902.
W. w. HEARD,
Governor of the State of Louisiana.
!. true copy:
JOHN T. MICHEL,
Secretary of State.
Jug. 81, lot.
Wanted.
We would like to ask, through
be columns of YOur paper. if