The Meridional. (Abbeville, La.) 1856-1906, 1902-09-06
Act No. 1917
senate Bill No. 81.
JOINT ~RESOLUTIC

JOINT RESOLUTION
Amending Article I56 OF the constitution Of the
state Of Louisiana
BE It enacted by the General Assembly of the
state Of Louisiana, 4 majority or both Houses CON
curing That at the next general election for
congressman 10 be held in this state on the first
Tuesday in the month of November, 1902, that
there shall be submitted to the qualified electors
OF this state, m amendment to Article $50 ef the
constitution OF this state so that the same shall
read n. fellows, toNyit:
Article I56. Ali valid warrants issued for
salaries and authorized expenses OF the Offices of
the clerks Of the Civil District Court, Register of
Conveyances and Recorder OF Mortgages fer the
parish of Orleans, of the Clerks OF the City Courts.
Of the 'ity of New Orleans, and for salaries of
the Clerks of the Court of Appeal, which are
payable out cf the special judicial expense fund
provided for by article I46 of the Constitution of
1870, As amended and which shall he outstanding
and unpaid at the date of adoption of this Con
~stitutioa or 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 depend
ent.
TIE holders of said warrants may present them
within six months after the adoption of this Con
]siitntion to the Board of Liquidation Of the CITY
Debt, and receive therefor the bonds hereinafter
authorized to be issued; and the City of New
Orleans is required, within three months from
the adoption of this { onstitution, to provide for
said warrants or claims by the issuance Of
bends in the sum of Two hundred and twenty
five thousand dollars, or SO much thereof as
may be necessary: said bonds shall be for the
face value Of said warrants. in such denomina-
tons as the said Board Of Liquidation shall rec
cmrend, and shall be dated July Ist, 1865, and
made payable twenty-five years after date, or
earlier, at the option of said Board, and shall
bear four per cent per annum interest, PAYABLE
semi annually. and represented by interest cou-
ponS attached thereto, the first of said coupons
payable January Ist, 1869; said bond to be known
as Judicial Expense Fund Bonds and to be
signed by the Mayor and Comptroller of the City
~ ATA,,yI lr1 500 -,-1 4 ~ NJ =
Liquidation of the it'll Debt and shall be coun-
tersigned 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 : ate of Louisiana nor the City of New Or
leans shall ever be liable for the payment of said
bonds nor the interest thereon, except from the
special fund herein provided for, and any appro-
priation or other provision therefor made by the
State or city shall be null and void. There Shall
be sta ped across the face Of said bonds the
words: 'IsSued in accordance with Article 70 of
the Constitution of Louisiana of 1895" The
Clerk of the Civil District Court, Register of
Conveyances and Recorder of Mortgages for the
Parish Of Orleans, and the Clerks of the City
Courts of New Orleans, 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 fur.
nish, daily, to the City comptroller, transcripts of
said accounts duly certified by them or by their
authority, and said officers shall also 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 Treas
ury the Treasurer shall set apart and reserve
twenty per cent out Of which shall first be paid
the expenses necessary for the preparation and
execution Of the aforesaid bonds, and thereafter
the same shall be used solely and exclusively to
retire the bonds issued in payment of said Judi
Clal Expense Fund warrants and interest thereon,
and the certificates of the Comptroller. hereinafter
authorized; and upon the second Tuesday in
December and June OF every year the said Treas
urer shall pay said amounts so reserved, and also
the amounts received from the Civil Sheriff. to
thesRoard 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 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 given to 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, as above provided to-
ssther with such authorized expenses of said
otttces as are 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
as hereinbefore and hereafter provided. But if
said eighty per cent during the six months end.
ing July 3Ist or January 3Ist Of any year, should
prove inadequate to pay. said salaries and expen-
ses, the Comptroller shall prorate the deficit
among those entitled to payment and shall issue
certificates therefor in sums not less than ten dol.
lars, winch shall bear interest at the rate of four
per cent per annum from date, and said interest
snail be paid annually, but the principal OF
said certificates shall be paid from the funds
herein set apart and reserved only after all the