St. Tammany farmer. [volume] (Covington, La.) 1874-current, 1902-09-06

~oAokASASlVu
ana which small be outstanding anu un-
paid at the date vi the adoption vi this
CONSTITUTION, Or which shall Ue issued Tor
ne ne current month IN which the Consti.u
ton ~ adopted, are hereby declared 10 bx
valid and subslstlnY claims against the
revenues OF !he respective Uluces upon
which SAID fund was maze ueprA,.ehl.
IAe holders OF said warrants may Ore.
sent them within SIX months after the auvp
tion Of this Constitution to the Hvaru *
Liquidation OF the City Debt. ana receive
be Issued; and the Clty OF New orleans 10
required. within three months from the
adoption Ut thls Constitution. to provlue
for said warrants OK clAlms BY the lsyu-
ance of bonds in the sum vi two hundred
and twenty-five thousand dolIars,or ~ much
tnere0I A. may be necessary; sal0 bULus
small De Tor the face value OF saiu WARRANTS,
~ such denominations AS the salA Hoa40 Ut
Liquidation shall recommend. xnd shaAl "
dated July LIST. 1898, and naue payab'e
twenty-five years after date. or carrier, at
four per cent. per annum interest payable
semi-annually, and represented by interest
coupons attached thereto. the INST OF SAID
coupons payable January LIST, 1913; suiu
bonds to be known as judicial Expense
Fund Bonds. and to be signed by the
Mayor ana Comptroller Of tue City Of New
Liquidation Of the CITY Debt and shall be
countersigned by the President and Secr.-
tary of said Board and issued by said
Of saa sx
Louisiana nor the City Of New orleans
shall ever be liable for the payment Ut
xaid bonds nor the interest thereon. except
from the special fund herein provided fur,
and any appropriation or other provision
therefor maze by the state or City shan b.
null and void. There shall be stamped
Issued In accordance with Article l:,d VI
the Constitution Of Louisiana Ut loyS.''
The Clerk Of the Civil District Court.
Mortgages for the Parish of Orleans, and
the Clerks Of the City Court Of New Or
| leans, shall keep accurate and detailed ac-
that purpose Of all fees and charges col
lected In their offices, respectively. and they
shall furnish, daily. to the City Comp
by 81 By
said officers shall also daily pay into the
Treasury of the City of New Orleans the
whole amount Of fees and charges SO col
!ected; From the amounts thus paid into
the City Treasury the Treasurer shall set
apart and reserve twenty per cent out VI
which shall first be paid the expenses
tion 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 certincates Of the
Comptroller hereinafter authorized; and
upon the second Tuesday In december and
Jul June Of every year the said Treasurer shall
pay said amounts 50 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 made
public BY 1t. shall after paying the semi
annual interest on said bonos, purchase or
redeem with such money thus set apart A.
may have accumulated and with the sur
hereinafter provided, as many of said bonds
as said money will buy or redeem. prefer
ence being given to holders Offering at the
chased or redeemed shall be BY said d Board
of Liquidation Immediately Cancelled. and q
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
election Of the clerk of the said court, AZ
above provided, together with such author.
lied expenses Of said offices as are not re-
leans and the surplus Of said eighty per
to the said Board Of Liquidation, and shall!
Certificates as of Sere,nbefoTe and hereinaff a
provided. But IL said eighty per cent.
during the six months ending July 31st. or
q OF shond
the Comptroller shall prorate the deticit
among those entitled to payment, and shall
issue certhieates therefor IN sums not less
est at the rate of four per cent: per annum
from date, and said interest shall be paid
annually, but the, principal of said certifi-
set apart and reserved only. after all the
bonds issued In payment of outstanding
warrants shall have first been redeemed OF
paid.
All disbursements from said fund for sta
tionery shall be made upon the requisition
Of the officers requiring same said requi-
city Of !? es by Msss Of
BY the Treasurer Of the City OF. New Or:
Graw W s sn ctv '"
proved, so far as the Civil District Court Is
for the oface of Recorder Of Mortgages and
Mayor Ia q Il the Gity Of New OF cans, and fos
the offices of the respective city courts BY
the judge or judges thereof and do. i9t
y ~ one %. q the {adfs: thereof sse -, G1 i;
said bonds and certificates hereinbe-
fore sa for the
named shall! remain az now nxed by law
and there shall be no increase IN the num- IN.
Der of now ns by
ordered BY the Civil District Court sitting
en- bonc;; and the number Of emploJss o.
mined by, majority Of the judges thereof e.
The Clerks of the First and Second CITY
Courts, until the organization Of the city
Courts hereinbefore provided for, may Zach each
thereof, an additional Deputy Clerk at fifty
dollars per month. but no other employees:
by law, Shall be allowed to the City CourtA
The said Board of Liquidation hereinbefore
named shall have the right to reject any
and al! bids made for the redemption Hln9h - OF
should there be no bids or none accepteo.
then said Board Of Liquidation: on the
second Tuesdays In February ana Angnse
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 al OF saaE o0 Oroy;ded
and any surplus Of the remaining eighty
per cent, shall be used by the City Treasu-
rer in paying the certif,sates $, 9 perez
When said judicial expense fund bonds ana
comptroller certificates, II any Of the latter
shall be issued. shall have been retired ana .ha
various officers affected by this article and
the revenue Of said officers shall! be regu-
lated ond disposed Of as may pc . astch
Current month in which this Constitution
is adopted, and all amounts arising from
the %dieha Sc thu State
that that d. date t shall be paid BY him to the
Of Of the CITY 6f ths iunda
be used by said board Is part "a '"e A'"0'
he5 5s'sn sSS'e refe5!ea {? SANDERS.
speaker Of the House Of RegresenNtantT1ves'
r,entenant Governor and President OF the
Annro sede July 10th. A. y. 1907.
0ppi'' ". ". HEARD.
Governor of the State Of LouiSIano.
frue CODY: