The Colfax chronicle. [volume] (Colfax, Grant Parish, La.) 1877-1981, 1902-09-06

~S~ks~@s
sailo anu subsisting cialAns against the
REVENUES VI Inc RESPECTIVE Ouices upyn
wnicn ssiu iund Mas maze dependent.
Ne holders OF said wurran.s may pre-
sent them within six months alter the aaus,.
tavn Of this CONSTITUTION 70 the Hoard Vt
Liquidation Of the Clty Debt, ana receive
therefor the bonds hereinafter authorised to
be issued ana the city OF New Orleans IL
required, within three months from the
adoption OF tins ConstttutioR, TO provsus
Tor sAlos warrants or ciaima, BY the issu-
ance Of BONDS ~ the sum 81 two hundred
aud twenty-nve thousand a0ilars.or 20 much
thereof ~ may be necessary; sxid bonds
shall he for the face value VI saiu wafranta
~ such denominations as the said hoard Of
oated July LIST, l6yS, ana maoe payable
twenty 1--we years after date, or cartier, at
The option Of said Board, anu snail bear
tour per cent. per annum interest payable
coupons attached thereto. the nlst OF said
coupons payable January LIST, 1900; said
bonus TO be known a. JUDICIAL Expense
Mayor and Comptroller Of the City Of New
ORGANS. ana delivered to the board OF
Liquidation VI tue City Debt ana shall be
countersiyned BY the PRESIDENT ana Sscfe-
tary OF SAID hoaru and issued BY said
board 10 tne holders VI said warrants upon
surrender OF same. Neither tue state OF
LOUISIANA nor tine CITY Of New Orleans
rad bonds nor the Interest thereon, except
from the special fund herein provided for,
anu any appropriation or other provision
therefor maue " the state OF cry shall be
across the face OF said bonds the worus !;
ISSUED ~ accofoance with Article 15U Ut
the Constitution OF Louisiana Of 1888"
The Clerk OF the Cjyii District Court,
Register Of conyeyances ana Recorder OF
Mortgages for the Parish Of OrieanA and
the Clerks OF the City Court OF New Or
counts In books to De used exclusively for
TINT purpose Of all fees and charges col
lected In their Offices, respectively, and they
shall furnish. DAILY. TO the cry Comp
certified by them or by their authority, and
said officers shall also daily pay into the
Treasury OF the Clty OF New orleans the
Whole amount Of fees and charges SO col
lected From The amounts mus paid Into
the City Treasury the Treasurer shall set
apart nnd reserve twenty per cent. out Of
Which snail utst be PAID The EXPENSE
necessary Ior tue preparation and execu-
ton OF The aforesaid ponds, ana thereafter
the same shall be used solely and exclusive
~ 10 retire Tie bonus issued in payment CT
interest thereon. and the crrtincares Of the
Comptroller Hereinafter authorized; and
upon the second Tuesday In December and
June OF every year The SAID Treasurer shall
pay saiu amouLts 80 reserved, aud also the
amounts received from the Civil sheriff. t.
the Board OF Liquidation Of the City debt.
Until all the bonds herein authorized have
Tuesday In February and August OF eyery
year, said Board OF Liquidation in accord.
ance With ruies 10 be adopted and nude
public by u. shall after paying the semi.
annuai interest ON said bun0A purchase or
redeem with such money thus SET apart as
may have accumulated, and with tie sur
plus OF the remaining eighty per cent. a.
as said money Will buy or redeem. prefer
ence being given to holders onerinc a. the
lowest rate: and all such bonds 80 bur-
chased Or redeemed shall be by said Eoard
m n xs.rx isnd "A
RECORD made thereof. from the remaining
eighty per cent. OF said fund there she'll be
PAID monthly the current salaries and ex-
penses OF tue Offices from which the same
Is derived. including the salary OF inc
docket aud minute clerks Of the Court OF
Appeals. as now constituted. and until the
above provided. together With such suthor.
lied expenses OF suid otiictx as are not re-
CURED 10 be paid BY the CRY of New Or
leans and the surplus Of said eighty per
10 the said Board OF Liquidation, and snail
be used to redeem or pay said bonds and
certificates as hcreInbsiore and hereinafter
Turing the six months ending July 3lst, OF
January 31st OF any year. should prove in
adequate TO pay said salaries and expenses,
The Comptroller shah prorate the dencit
issue certificates therefor III suns not less
han ten dollars, which shall bear inter-
;st at the rate OF four per cent. per annum
annually. but the principal OF said certif-
'ates shall be paid from the funds herein
set apart and reserved only after all the
shall have nrsr been redeemed or
paid.
All disbursements from said fund for sta-
'ionery shall be made upon the reputation
Iition to be approved BY the Mayor Of the
rity of New Orleans and In all cases such
and all salaries shall be paid
- h. Trrno ~ . ~. s1<~ -
cans upon warrants drawn against said
fund BY the Comptroller Of said city ap-
proved, 90 far as the Civil District Court 10
ONCE BY s1f psssans Sss ssrO
the ONCE Of Register Of conyeyances. by the
Mayor of the City OF New Orleans. and for
The oiaces Of the respective city courts BY
The Offices of the Court OF Appeals
q the full and nnsl paymens OF ali
lore provided for the salaries OF the EN-
Dloyes of the various Offices hereinafter
named shall remain as now fixed BY Law.
ind there shall Be no increase 10 the num-
he Offices OF Recorder Of Mortgages or
Register OF Conveyances unless otherwise
ordered By the Civil District Court sitting |
he Civil District Court shall be az deter |
mined BY q majority Of the judges thereof. |
rhe Clerks OF the First and Second City |
courts hereInbcfore provided for. may each |
lppolnt. with the approval OF the judges |
hereof. an additional Deputy Cieik az city |
dollars per month. but no other employees:
,0r larger salaries than those now nxcd /
y law. shall be allowed to the City CourtA |
rhe said Board Of Liquidation hereiDbefore /
FAMED shall have the right to. reject any |
,onds Issued as herelnabove provided. aud |
houid there be no bids. OF none accepted. |
hen said Board Of Liquidation. on the
scond Iassday; ~ Sssbrssrs sna August S:
een paid to said Board By the Treasurer. |
% herein provided. shall. after paying the
interest. pay said bonds In numerical order.
Lfter the payment Of all OF said bonds. the |
wenty per cent. reserve. herein provided,
nd any surplus OF the remaining eighty |
sr cent. shall be used By the City Treasu-
ided for, Il any, in the order Of their Issue.
When said judicial expense fund bonds and
comptroller certificates. II any Of the latter
bail be issued. shall have been retired and
arious officers affected by this article and
he revenue of said ofncers shal! be reGu-
stcd and disposed Of a. may Be deter
ball take effect from the last day Of the
urrent month In which this Constitution
adopted. and all amounts arising from
81. hands q ss ne State sns
e 'oard Of q Liquidation Il the City Debt: and
E used By said board ~ part Of the tunos
ereIn above referred to.
(SIxncdl J. 7. SANDERS.
Speaker Of the House Of Representatives. |
{Slgnedl ALBERT ESTOPfNAL.
lieutenant Governor and President OF the
Approved July 10th. A. n. 1902
W. W. HEARD.
Governor OF the State OF Louisianas
JOHN r. MICHEL.
Secretary Of State.