The St. Mary banner. (Franklin, Parish of St. Mary, La.) 1889-1931, 1902-09-27
Senate Bill No. 81.
Act No. 1927
JOINT RESOLUTION

'r Amending Article l5e of the Coost
e tuition of the State of Louisiana.
e Be it enacted by the General Assem-
: bly, Q. the State of Louisiana, a MT
. jority of both Houses concurrinf
Il That at the Iext general election fo
Q Congressman to be held in this Stat
= on the first Tuesday in the month 9
: November, 1902, that there shall b
subm itted to the qualified electors Q
, this State, An amendment to Articl
1873 of the Constitution of this State
70 that the same shall read az follows
to-wit:
Article l53. All valid warrants is
sued for salaries and authorized ex
penses of the Offices of the clerks O
the Civil District Court, Register o
Conveyances and Recorder of Mort
pages for the pnrish of Orleans, of tn.
Clerks of the City Courts Of the city
Of New Orleans, and for salaries Of
the Clerks of the Court of Appeal,
shich are payable cut OF the special
judicial expense fund provided for by
Article 148 Of the Constitution of 1879,
as amended, aud which shall be out.
standing and unpaid at the date of the
adoption of this constitution, or which
shall be issued for the current month
III which this Constitution is adopted.
are hereby declared to be valid and
subsistins clsims against the revenues
OF the respective Offices upon which
said fund was made dependent.
The holders of said warrants may
present them within six months ate,
the adoption of this Constitution tc
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 re-.
CURED, within three months from the
adoption Of this Constitution, to pro.
vide for said warrants or claims, by
the issuance OF bonds in the sum OF
Two hundred and twenty-five thous.
and dollars, or so 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 dated July LIST, 1898. 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-an.
nually, and represented by interest
coupons at ached thereto, the first OF
said coupons payable January LIST,
1899; said bonds tn be known Is ia.
dicisl Expense Fund Bonds, and to be
signed by the Mayor and Comptroller
of the CITY Of New Orleans, and de.
livered to the Board Of Liquidation Of
The City Debt and shall be counter.
'igned by the President and Secretary
'f said Board and issued by said
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 said bonds nor the in.
crest thereon. except from the spec.
al fund herein provided. for, and any
or o her provision there
or made by the State or city
ball he null and void. there shall
rs stamped across the face Of said ,
onds the words: "Issued in accord.
nee with Article 1856 Of tho Constitu.
lon OF Louisiana o. 1898" The
'lerk Of the Civil Ulstric. Court, Reg.
'ter Of Conveyances aud Recorder Of
lortgages for the Parish Of Orleans. i
nd the Clerks Of the City Courts Of
ew Orleans. shall keep accurate and
etailed accounts in books to be used !
for that purpose Of all fee, 4
nd charges collected in their Offices,
and they shall furnish, Z
sily to the City Comptroller, tran
'ripts of said accounts duly certified !
? them or by their authority, and i
id officers shall also daily pay int \
e Treasury of the City of New Or I
ans the whole amount of fees and
larges SO collected. From the i
MOUNTS thus paid into the City !!
the Treasurer shall set apart G
I'd reserve twenty per cent on: Of !!
hich shall first be paid the expenses :
'cessary for the preparation and ex. r
ution Vi Tho aforesaid bonds, and 9
GREATER the same shall be used r
ley and exclusively to retire the =
'nds issued in payment of said Ju. 4
cial Expense Fund warrants aud in a
rest thereon, and the certificates of II