The Lafayette gazette. [volume] (Lafayette, La.) 1893-1921, 1902-10-11

Gates of the Comptroller hereinafter au-
thorized; and upon the second Tuesday in
Dece mber 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 Ii
quotation, in accordance with rules to he
adopted and made public 10y il. shall, after
| paying the semi-annual interest said
! bonds, purchase redeem with such money
{ thus set apart as may have accumulated.
| and with the surplus Of the remaining
eighty per cent 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
by said Board of Liquidation Immediately
cancelled, aud record made thereof.
From the remaining eighty per cent of said
fund there shall be paid monthly the
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 by the Treasurer
to the said Board of Liquidation, and shall
be used to redeem or pay said bonds and
certificates hereinbefore and hereinafter
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
te dollars, which shall bear interert at the
rate of four per cent per annum from date,
and said interest shall be paid annually, but
the principal of said certificates shall be
paid from the funds herein set apart and
served only after all the bonds issued in
payment of outstanding warrants shall have
first been redeemed or paid.
All disbursements from said fund for sta
tionery shall be made upon the requisiti"n 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
drawn against said fund by the
Comptroller of said city, approved, SO far as
the Civil District Court is concerned by the
presiding judge thereof, for the Office of Re-
corder of Mortgages and the office of Regis
ter of Conveyances, by the Mayor of the CT
ty of New Orleans. and for the Offices of the
respective city courts by the Judge judges
thereof and for the officers of the Court of
Appeal by one of the Judges thereof. Until
Inc full and final payment of all said bonds
and certificates hereinbefore provided for
he salaries of the employees of the various
offices hereinafter named shall remain as
fixed by law, and there shall be no increase
n the numbef of employees nov authorized
oy law for the offices of recorder of mortga-
yes register of ConveyanCes. unless other
wise ordered by the Civil District Court sit
ing en- banc; and the number of employees
IF the Civil District Court shall be deter
mined by Il majority of the judges thereof
The Clerks of the first and second city courts.
lntil the organization of the city conrts here,
nbefore provided tor, may each appoint with
he approval of the Judges thereof, addi-
onal deputy clerk az fifty dollars per month,
ou; no other employees, larger salaries
han those now hxed by law, shall be allow
I'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 hereina-
Dove provided, and should there be no bids,
or none accepted, then said board of Liquid
Atom, on the second Tuesday in February
md August of each year, with whatever
amoun, has been paid to said board by the
reasurcr herein provided, shall, after pay
ng the interest. pay said bonds in numerical
'rier. After the payment of all OF said
ponds, the twenty per cent reserve herein
and any surplus of the remaining
Eighty per cent, shall be used by the City
Treasurer in paying the certificates herein
provided for, if any, in the order Of their is
ue. When said judicial expense fund bonds
md comptroller certificates, if any of the lat
er shall be issued, shall have been retired
md cancelled, the salaries and expenses of
he various officers effected by this article and
he revenue of said officers shall be regulated
md disposed of us may he determined by the
General Assembly. This article shall take
fleet from the last day of the current month
II which this constitution is adopted, and all
arising from the judicial expense
und. which shall remain in the hands of the
state Treasurer on that date, shall be paid
~ him to The Board of Liquidation of the
lily Debt, and be used by said board as part
If the funds herein above referred to.
Signed) ]. Y. SANDERS,
Speaker of the House of Representa,ives.
Signed) ALBERT ESIOPINAL.
Governor and President of tine
Senate.
Approved: July 10, A. ID. 1902.
w. w. HEARD,
Governor OF the State of Louisiana.
true copy:
JOHN L. MICHEL,
Secretary of State.
Aug. 81, lot.