The Lafayette gazette. [volume] (Lafayette, La.) 1893-1921, 1902-10-04


thorizcd; and upon the second Tuesday in
December and June of every year the said
! Treasurer shall pay said amounts SO 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 or paid; and
on the second Tuesday in February and
August OF every year, said Board of Lii
qpidatiop in accordance with rules to he
adopted and made public by it. shall, after
| paying the semi-annual interest on said
| bonds, purchase redeem with such money
, thus set apart have accumulated.
and with the surplus of the remaining
eighty per cent rs 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
bonds SO purchased or redeemed shall be :
by said Board of Liquidation Immediately
cancelled, and a record made thereof.
From the remaining eighty per cent of said
fund there Shall be paid monthly the cur
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, now constituted
and until the election of the clerk of the
said court, as 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 pay said bonds and
certificates as hereinbefore and hereinafter
provided. But if said eighty per cent dur
ing the six months ending July 81, or jan
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
ten dollars, which shall bear inherent DIT the
rate of four per cent per annum from date,
and said interest shall be paid annually, but
the principal of said certificates shall he
paid from the funds herein apart and
served only after all the bonds issued in
payment of outstanding warrants shall have
first been redeemed or paid.
All disburse ments from said fund for
tionery shall be made upon the requisition 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
warrants drawn against said fund by the
Comptroller of said city, approved. SO far
the Civil District Court is concerned by the
presiding Judge thereof, for the office of Re-
corder of Mortgages and the Office of Regis
er of Conveyancrs, by the Mayor of the CT
~ of New Orleans, and for the Offices of the
city courts by the judge judges
hereof and for the officers of the Court of
Appeal by one of the judges thereof. Until
ne full and final payment of all said bonds
md certificates hereinbefore provided for
he salaries of the employees of the various
offices hereina after named shall remain
ixed by law, and there shall be no increase
n the numbef of employees nov authorized
~ 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; ana the number of employees
If the Civil District Court shall be deter
mined by ma iority of the judges thereof
The Clerks of the first and second city courts.
until the organization of the city conrts here,
nbefore provided tor, may each appoint with
he approval of the judges thereof, addi-
ional deputy clerk fifty dollars per month,
III; no other employees, nor larger salaries
han those now fixed by law, shall be allow
ID to the CITY courts. The said Board of
iI,fIf hare r,1,. az, h1n hax
he right to reject any and all bids made for
he redemption of bonds issued hereina-
,ove provided, and should there be bids,
n none accepted, then said board of Liquid
,ion, the second Tuesday in February
nd August OF each year, with whatever
mount has been paid to said board by the
reasurcr as herein provided, shall, after pay
nG the interest, pay said bonds in numerical
rider After the payment of all of said
'onds, the twenty per cent, reserve herein
'rovided, and any surplus of the remaining
lightly 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
nd comptroller certificates, if any of the lat
er shall be issued, shall have been retired
nd cancelled. the salaries and expenses of
he various officers effected by this article and
he revenue of said officers shall be regulated
nd disposed of as may be deter mined by the
General Assembly. This article shall take
fleet from the last day of the current month
l which this constitution is adopted, and all
mounts arising from the judicial expense
lrd, which shall remain in the hands of the
tate Treasurer that date, shall be paid
y him the Board of Liquidation of the
,i,y Debt, and be used by said board as part
the funds herein above referred to.
1gned) ]. Y. SANDERS.
Speaker of the House of Representatives.
|cned) ALBERT ESTOPINAI.
lieutenant Governor and President of tine
Approved: July 10, A. d. 1902.
w. w. HEARD,