St. Tammany farmer. [volume] (Covington, La.) 1874-current, 1902-10-04

Of the Constitution of 1870, as amended
ana which snail be outstanding AND un-
pa1d at the date or the ADOPTION Vi this
CONSTITUTION, Or which shall We issued Tor
the current month in when the Constitu-
ton Is adopted, are hereby declared 10 be
valld and subsistlng claims against the
revenues OF the respective ounces upon
which said fund was maze Dependent
The holders of said warrants may pre-.
sent them within six months after the auop.
LIQUIDATION OF the City Debt. ana receive
therefor the bonds hereinafter authorized to
be issued; and the City OF New orleans IL
required, within three months from the
adoption OF this Constitution, to provide
Tor said warrants or claims, by the issu-
ance OF bonds in the sum OF two hundred
ana twenty-five thousand dollars,or 50 much
thereof 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 carrier, at
the option OF said Board. and shall bear
Tour per cent. per annum interest payable
semiannually, 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
Orleans, and delivered to the Board OF
Liquidation of the City Debt and shall be
countersigned by the President and Secre-
S04y VI 6dlu DOuEO anu Issued by Salu
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
from the special fund herein provided for,
and any appropriation or other provision
therefor made by the State or City shall be
across the face Of said bonds the, words:
Issued In accordance with Article 1856 Of
the Constitution of louisiana OF 1895"
Register Of Conveyances and Recorder OF
the Clerks of the city Court Of New Or
leans, shall keep accurate and detailed &C.
counts IN books to be used exclusively for
that purpose of all fees and charges col
lected in their Offices, respectively, and they
snail shall furnish, daily, to the city Comp
certified by them or by their authority, and
said officers shall also daily pay into the
Treasury l,',s, of the City Of New Orleans the
!ected: From the amounts thus paid into
the city Treasury the Treasurer shall set
apart ana reserve twenty per cent. out Of
which shall first be paid the expenses
ton OF the aforesaid bonds, and thereafter
the same shall be used solely and exclusive
~ to retire the bonds issued in payment Of
said Judicial Expense Fund warrants and
interest thereon. and the certificates Of the
Comptroller hereinafter authorized: and
upon the second Tuesday in December and
y uAS Va CtCly ytu1 tuc SdlU treasurer Suall
pay said amounts SO reserved, and also the
amounts received from the Civil Sheriff, to
the Board OF Liquidation of the City Debt,
a ns elm have
Tuesday. in February and August of every
year. said Board of Liquidation, in accord.
a anee with rules to be adopted and made
public by 1t, shall after paying the semi
annual interest on said bonds, purchase or
redeem with such money thus set apart as
may nave accumulated, and with the sur
nf fhn onip. ipNrv nirv1,t
hereinafter provided, as many of said bonds
as said money will buy or redeem, prefer
ence being given, to holders offering at the
lowest rate; and all such bonds so pur-
chased or redeemed shall be by said Board
of Liquidation Immediately Cancelled. and
record made thereof. From the remaining
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
Appeals, as now constituted, and until the
election of the clerk of the said court, as
above provided, together with such author
lied expenses Of said offices are not re-
leans; and the surplus of said eighty per
to to the said Board of Liquidation, and shall!
certificates as hereinbefore and hereinafter
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
than ten dollars, which shall bear inter-
est at the rate OF four per cent. per annum
from date, and said interest shall be paid
annually, but the principal Of said certii-
Gates shall be paid from the funds herein
yet apart and reserved only. after all the
bonds issued In payment of outstanding
warrants shall have first been redeemed OF
Ali disbursements from said fund for sts.
tionery shall be made upon the requisition
Of the officers requiring same said requt-
City Of New 6reans AND D h IN al cases such
and all salaries shall be paid
by the Treasurer Of the City Of New Or:
upon 1h VI saa
proved, so far as the Civil District Court is
concerned, by the presiding. Judge thereof,
for the office of Recorder Of Mortgages and
Mayor of the City of New Orleans, and fol
the Offices of the respective city courts BY
the Judge or. judges thereof and ,ao f9f
by one Of the Judges thereof. Tn:
til the full and final payment Of all
said bonds and certificates hereinbe.
0f a for ces
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
mined by majority of the judges thereof
The Clerks of the First and Second CITY
Courts, until the organization Of the City
fhe Of
thereof, an additional Deputy Clerk at fifty
dollars per month, but no other employees:
nor larger salaries than those c,I now ro nxsd
The said Board of Liquidation hereinbefore
named shall have the right to re1ect any
and all bids made for the redemption OF
bonds issued as hereinabove provided. ana
should there be no bids, or none accepted.
then said Board Of Liquidation. on the
second Tuesdays in February and August
been paid to said Board by the Treasurer,
as herein provided. shall, after paying the
interest. pay said bonds in numerical order.
After the payment OF all OF sala Donasi tme
Der cent, shall be used by the City Treasu-
rer in paying the certificates herein pro, pro
yifed for If any, in the order OF their issue:
When said judicial expense fund bonds ana
certificates If any OF the iattes
shall be issued. shall have been retired ana
various officers affected by this article ana
The revenue of said officers shall be regu-
lated and disposed Of as may pc deteI,
rurrent month in which this Constitution
s adon+ed and all amounts arising from
Tie judicial expense fund. which shall re-
n main in the hands of the State Treasurer on
that date shall be paid BY ,+ him not to a fms
he used nv said board as part OF the FUNDS
herein above referred to; .
(signed5 J. Y. SANDERS.
Speaker Of the House Of KeRresen[aAtI1Ves'
Lieutenant Governor and President OF the
Approved July 10th. A. 2; 1902.
W. w. HEARD.
Governor of the State OF louisiana.
A true copy: 49,
JOHN r. MICHEL:
Secretary of State.