The Lafayette gazette. [volume] (Lafayette, La.) 1893-1921, 1902-11-01

| December and June ct every year the sara
! TreasufeJ 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 Ii
quotation, 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 may have accumulated.
| and with the surplus of the remaining
eighty per cent as 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 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 oihees
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 of 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 by the Treasurer
to the said Board of Liquidation, and shall
be used to redeem or 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 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
rate 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
of outstanding warrants shall have
first been redeemed or paid.
All disbursements from said fund for sta
tionery shall be made upon the requistion of
the officers requiring same; said requisition
% be approved by the mayor of the City of
New Orleans; and in all cases such disburse-
nents and all salaries shall be paid by the
Treasurer of the City of New Orleans upon
drawn against said fund by the
of said city, approved, SO far
he Civil District Court is concerned by the
presiding judge thereof, for the Office of Re-
order of Mortgages and the Office of Regis
er Of Conveyances, by the Mayor OF the CT
y Of New Orleans, and for the Offices of the
city courts by the judge or judges
hereof and for the officers of the Court of
Appeal by one of the judges thereof. Until
he full and final payment of all said bonds
md certificates hereinbefore provided for
he salaries of the employees of the various
'ffices hereinafter named shall remain as now
ixed by law, and there shall be no increase
n the numbef of employees nov authorized
" law for the offices of recorder of mortga-
res register of conveyances, unless other
wise ordered by the Civil District Court sit
ing en- banc; and the number of employees
f the Civil District Court shall be deter
mined by majority 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, an addi-
ional deputy clerk fifty dollars per month,
~: no other employees, nor larger salaries
han those now fixed by law, shall be allow
d to the CITY courts. The said Board of
;<,,,il AS-Ho Chan h1r
he right to reject any and all bids made for
he redemption of bonds issued hereina-
'ove provided, and should there be no bids,
II none accepted, then said board of Liquid
ton, on the second Tuesday in February
nd August OF each year, with whatever
mount has been paid to said board by the
reasurer 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
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 lie determined by the
General Assembly. This article shall take
fleet from the last day of the current month
n which this constitution is adopted, and all
mounts arising from the judicial expense
und, which shall remain in the hands of the
tate Treasurer on that date, shall be paid
" him to the Board of Liquidation of the
,ity Debt, and be used by said board as part
f the funds herein above referred to.
Signed) J. Y. SANDERS.
Speaker Of the House of Representatives.
Signed) ALBERT ESTOPINAL,
lieutenant Governor and President of tine
Senate.
Approved: July 10, A. d. 1902.
W. w. HEARD,
Governor of the State of louisiana.
true copy:
JOHN T. MICHEL,
Secretary of State.