The Lafayette gazette. [volume] (Lafayette, La.) 1893-1921, 1902-09-20

| thorized: 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 paid; and
on the second Tuesday in February and
| August of every year, said Board OF IL
| quotation, in accordance with rules 10 be
| adopted and made public by it.. shall, after
paying the semi annual interest on said
| bonds, purchase redeem with such money
! thus set apart may have accumulated.
| and with the surplus of the remaining
eighty per cent as hereinafter provided, as
many of said bonds as said money Will buy
or redeem, preference being given to holders
| offering at the lowest rate; and all such
bonds purchased 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 ofhces
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 or the
said court, as above provided, together with
such authorized expenses of said offices 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 ny the Treasurer
the said Board OF Liquidation, and shall
be used to redeem pay said bonds and
certificates hereinbefore and het einafter
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
ten dollars which shall bear interert at the
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 re-
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
tonery shall be made upon the rcquisition 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 as
the Civil District Court is concerned by the
presiding Judge thereof, for the office of Re
Corder of Mortgages and the Office OF Hegis-
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 or judges
thereof and for the officers of the Court of
Appeal by one of the judges thereof. Until
the full and final payment of all said bonds
and certificates hereinbefore provided for
the salaries OF the employees of the various
offices hereinafter named shall remain as now
fixed by law, and there shall be no increase
in the numbef of employees nov authorized
by law for the offices of recorder of mortga-
GeS or register OF COnNeyanCeS, unless OtneE-
wise ordered by the Civil District Court sit
ting banc; and the number of employees
of the Civil District Court shall be deter
mined by 4 majority of the Judges thereof
The Clerks of the first and second city courts.
until the organization of city conrts here,
inbefOre provided tor, may each appoint with
the approval of the judges thereof an addi-
tional deputy clerk az fifty dollars per month,
ou; no other employees, nor larger salaries
than those now txed by law, shall be allow
ed to the CITY courts. The said Board OF
Liquidation hereinbefore named shall have
the right to reject any and all bids made for
the redemption of bonds issued as hereina-
bove provided, and should there be no bids,
none accepted, then said board of Liquid
alton, the second Tuesday in February
and August OF each year, with whatever
amount has been paid to said board by the
treasurer as herein provided, shall, after pay
ing the interest, pay said bonds in numerical
order. After the payment of all of said
bonds, the twenty per cent, reserve herein
provided, 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
sue. When said judicial expense fund bonds
and comptroller certificates, if any of the lat
ter shall be issued, shall have been retired
and cancelled. the salaries and expenses CT
the various officers effected by this article and
the revenue of said officers shall be regulated
and disposed of as may be determined by the
! General Assembly. This article shall take
effect from the last day of the current month
which TINS constitution IS adopted, anu sil
amounts arising from the judicial expense
| fund. which shall remain in the hands of the
| State Treasurer on that date, shall be paid
! by him the Board of Liquidation of the
| CITY Debt. and be used by said board as part
of the funds herein above referred to.
| (Signed) J. \. SANDERS,
Speaker of the House of Representatives.
| (Signed) -lBEkl ESl OflNAL.
| Lieutenant Governor and President of tine
Senate.
Approved: July 10, \. ID. 1902.
W. w. HEARD,
Governor OF The State of louisiana.
| y true copy:
! IOII\ +. MICHEL,
Secretary of State.