St. Tammany farmer. [volume] (Covington, La.) 1874-current, 1902-09-13

OF the Constitution of 1879, a. amended
ana which shall be outstanding and IN
Constitution, or which shall pe issued for
the current month In which the Constitu.
lion Is adopted, are hereby declared TO be
valid and subsisting claims against the
revenues OF the respective oInces upon
which said fund was MADE dependent.
The holders OF said warrants may pre-
sent them within six months after the auop.
Liquidation OF the City Debt. and receive
therefor the bonds hereinafter authorized to
be issued; and the City OF New orleans IL
mn. three months from the
Tor said warrants or claims, by the issu-
ance of bonds in the sum OF two hundred
and twenty-five thousand dolIars,or 50 much
tneteO1 as may be necessary; said bonds
shall be for the face value OF SAID warrants.
In such denominations as the said Board OF
Liquidation shall recommend. and shall be
twenty-five years after date, or earlier, at
the option OF said Board. and shall bear
Tour per cent. per annum interest payable
seml,annually, and represented by interest
coupons payable January LIST, 1899; said
bonds to be known as judicial Expense
Fund Bonds, and to be signed by the
Orleans and delivered to the Board OF
Liquidation Of the City Debt and shall be
countersigned by the President and secre-
SOAy Va o0Au DOdIu huO lS8ueu W S6lU
Board to the holders Of said warrants upon
surrender of same. Neither the state Of
Louisiana nor the City of New Orleans
shall sh,d ever ever be liable for the payment OF
from the special fund herein provided for,
and any appropriation or other provision
therefor made BY the State or City shall By
across the face OF said bonds the worus:
Issued In accordance with Article 1856 Of
the Constitution of Louisiana of 1895"
nAH1y r TS,v11 mt. -.
Register Of Conveyances and Recorder Of
the Clerks Of the City Court Of New or:
counts In books to be used exclusively for
that purpose of all fees and charges col
!ected IN their offices, respectively, and they
snail fna,,a. furnish, daily, to the city Comp.
certified by them or by their authority, and
said officers shall also daily pay Into the
Treasury OF the City OF New Orleans the
!ected: From the amounts thus paid into
the City Treasury the Treasurer shall ser
apart and reserve twenty per. cent. out Ut
which shall first be paid the expenses
lion OF the aforesaid Donds and thereafter
the same shall be used solely and exclusive
~ to retire the bonds issued in payment OF
said Judicial Expense Fund warrants ana
interest thereon. and the certificates Of the
Comptroller hereinafter authorized; and
upon the second Tuesday in December and
y uAC VI Ctcly year Tic Sdlu treasurer SlalI
pay said amounts 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 authorized have
been retired or paid: and on the second
Tuesday In February and August Of every
year, said Board OF Liquidation, in accord.
ance with rules to be adopted and maze
public by 1t. shall after paying the SEMI
annual interest on said bonus, purchase or
redeem with such money thus set apart as
may have accumulated. ana with the sur
plus of the remaining eighty per cent,
hereinafter provided, as many of said bonds
as said money Will buy or redeem prefer
ence being given to holders Offering ut the
lowest rate; and all such bonds, 50 pur..
chased or redeemed shall be by said Board
OF Liquidation Immediately Cancelled. and
record made thereof. from the remaining
eighty per cent. of said fund there shall be
paid monthly the current salaries and ex-
Penses of the offices from which the same
Is derived, including the salary OF the
docket and minute clerks OF the Court OF
election of the clerk of the said court. as
above provided, together with such author
lied expenses of said offices as are not re-
CURED to be paid by the City OF New Or
cent, ii any, shall be paid by the Treasurer
to the said Board OF Liquidation, anu shall
be used to redeem or pay said bonds and
provided. But If said eighty per cent.
during the six months ending July 31st, or
January 31st of any. year, should prove in
the Comptroller shall prorate the deficit
among those entitled to payment, and shall
issue certificates therefor in sums not less
est at t the rate Of four per cent. per annum
from date, and said interest shall be paid
annually. but the principal of said certiii-
Gates shall be paid from the funds herein
set apart and reserved only after all the
bonds issued in payment of outstanding
warrants shall have first been redeemed or
paid.
tionery shall be made upon the requisition
Of the officers requiring same: said reuui-
sition to be approved by the Mayor Of the
disbursements and ali salaries shall be paid
by the Treasurer of the City Of New Or
leans upon warrants drawn against said
fund BY the Comptroller: Of . said city: ap,
for the office of Recorder Of Mortgages and
the Office Of Register of Conyeyances. by tn:
the Judge or Judges thereof and fcl
the offices. Of the Court Of Appeals
t 2ne fS Of s sns 5aafe' nsssf of an
said bonds and certificates hereinbc.
fore provided for the salaries Of the EN-
ployes Of the various offices hereinafter
named shall remain as now fixed by law,
and there shall be no increase in the num-
Der Of employees now authorized by law for
the Offices Of Recorder of Mortgages or
ordered by the Civil District Court sitting
en- banc; and the number Of employees OF
the Civil District Court shall be as deter
mined BY he FIRST q, tne
Courts. until the organization of the City
Courts hereinbefore provided for, may each
appoint with the OF cine the j. }uG tfS
dollars per month, but no other employees;
nor larger salaries than those now fixed
by law, Shall be allowed to the City Court".
named 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 blds or none a "n ths
second Tuesdays in February and August s1.
of each year, with whatever amount mas
been paid to said Board BY the fh
interest pay said bonds In numerical ofaer.
After the payment of all of said bonds; the
twenty per cent. reserve. herein proEnsu:
Der cent. shall be used by the City Treasu-
FER in paying the certificates herein pro-
vided for. if any, in the order OF their issue;
When said judicial expense funa 9 tba ,t n,
shall be issued, shall have been retired ana mo
Cancelled, the salaries and expenses OF me
various officers affected by this article ana
the revenue of said officers shall be regn-
m aiee by the General Assembly. This article
shall take effect from the last day OF the
IS adopted and ali amounts m% xn n1' sa from 1e.
=, .n o,n IN tho hands Of the state Treasurer on
m that q, date t shall be paid BY him to the
Board of Liquidation of the city 1,eot f, anu
be used by said board as IS part OF the i'"''
tSigneD J: \. eAH nprnscr+ot,ves
SSSi"ned, ALBERT ESTOPINAL.
ISIsnet Governor and President of the
Annroyed July 10th. A. =: 1902.
0pp'' W. W. HEARD.
Governor of the State OF Louisiana'
true copy: