St. Tammany farmer. [volume] (Covington, La.) 1874-current, 1902-10-11

of the Constitution of 1870, as amended
ana when sAal be outstanding ana I'M
PAD at the dale oI tAe uuupt.un vi t!lis
Constitution, Or which shall We issued Tor
the current month III when tne ,oAstl.u.
tloH Is adopted, are hereby declared TO be
! Nahd ana suDsistns Claims against the
revenues oI !nG respective uilceS upon
which said tuuG Was mace depe..ucl.t.
Inc holders of sand warrants may pre-.
sent them Within SlA months aittf Inc i.up.
ton or this Constitution to Inc BVaru VI
Liquidation OF the tlty Debt, ana receive
thereIorNne bOhus hereinafter authorized TO
be issued; and the City OF New orleans Is
required, WITHIN tnFee months from The
adoption OF tins CONSTITUTION to provide
Tor SAID warrants or Claims, by the lssu-
ance OF bonds III the sum OF two utluuryu
ana twenty-five thousand aollars,or So mucn
thereof as may De necessary; s;iIu bonds
shall be tor the face ivaiue Oh sara W arIunls 8,
IN such denominations as the salu bualu OF
Llquluatlon snail recommend, ana slIu. be
dated July lst, 1898, ana mace payable
twenty-five years after GATE, or ear.ltr, ut
the option OF said board, anu sl.;,Il Deur
TOUR per cent. per annum interest payable
semi annually, and represented by interest
coupons attached thereto, The fist o1 SAID
coupons payable January LIST, 1888 salu
bonds to be known as judicial t.Xpeuse
Fund Bonds, and to be signed by The
Mayor and Comptroller OF the City of New
orleans, and delivered to the board OF
countersigned by, the PRESIDENT ana Setre-
tary OF said board ana 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 Tor TIE payment vi
SAID bonds nor the interest thereon. except
from the special tund herein PROVIDED Iur,
and any appropriation or other prov4s.vu
therefor maze by the State or City sha.. u.
null and void. There shall he s,aIupeu
across the face OF said bonds the wurus :
Issued i'll accordance with Artlc.c l.o Of
the Constitution OF Louisiana OF AoyS.'
The Clerk of the Civil District Court,
Register of Conveyances and recorder OF
Mortgages for the Parish OF ORGANS, and
the Clerks OF the City Court OF New Or
leans shall keep accurate and detailed ac-
counts in books to be used exclusively Tor
that purpose OF all ices and charges cot
lected in their offices, respectively, ana they
shall furnish, daily, TO the Cay Comp
troller, transcripts Of said accounts uu. y
certlhed by them or by their authority, al.u
Treasury OF the City OF New orleans the
whole amount of fees and charges SO Coz
Iected. From the amounts thus paid into
the city Treasury Inc Treasurer shall ser
apars and reserve twenty per cent. out IT
Whlcn snail Hrst be paid the expenses
necessary for the preparation and execu-
ton OF the aforesaid bonds, ana thereafter
the same shall be used solely and eAciuslve-
~ to retire TIE bonds issued III payment Of
SAID judicial Expense tunu warrants ana
interest thereon. ana the certIlcates If the
comptroller hereinafter authorized and
upon the second Tuesday IN December anu
June of every year the said Treasurer SHALL
pay said amounts so reserved, and also t4.e
amounts received from the CIVIL Sheriff to
the Board CT Liquidation of the City Debt,
until all the bonds herein authorized hav
Deen reIred or paid; and on tie second
tuesday in February and August Of every
year, said Board of LiquIdation. in accolu-
ance with rules to be auopteu .lIu mace
pubic by 1t, shall after Paying the sen.-
annual interest on said bC.us, put,1.Isa or
redeem with such money thus ser apart as
may have accumulated. ana with lie sur-
Plus OF the remaining cighty Per ccist.. As
hereinafter provided, many or saiu bunuS
as said money will buy or redeem. prefer
ence being given to holders 3tI.rl.g ut tie
lowest rate: and all such bones uur-
chased or redeemed shall De by a>itu Eoitrd
OF Liquidation Immediately Cancelled, aIitI
record made thereof. IRON the remaining
eighty per cent. OF said fund there snail Sc
paid monthly the current salaries ana ex-
penses of the offices from which the saline
is derived. including the SALARY OF the
docket and minute clerks OF the Court OF
Appeals, as now constituted. and untIi the
election OF the clerk of the SAID court, as
above provided, together with such author
lied expenses Of said Offices as are not re-
CURED to be paid by TIE City OF New Or
cent, if any, shall be paid by the lrgasu Ter
10 the said Board OF Liquidation. and SAan
be used to redeem or pay said bonus ard
certificates hereinbetore and hereinafter
provided But if said eighty per cent,
during the six months ending Jung 3lst, OF
January 3lst of any year, shcuid prove i'll
adequate to pay said salaries and expenses,
among those entitled to payment. and shai
issue certificates therefor in sums not less
than ten dollars, which shall bear inter
est at the rate of four per cent. per annum
from date. and said interest saail be pad
annually, but the principal of said certiti-
Gates shall be paid from the funds herein
set apart and reserved only. after all the
bonds issued in payment of outstanding
warrants shall have first been redeemed OF
paid.
All disbursements from said fund for STA
"a a q S
OF the officers requiring same: sad reGui-
sition to be approved by the Mayor of the
City of New Orleans: and in al cases snch
disbursements and all salaries shall be paid
by the Treasurer Of the City of New Or
leans upon warrants drawn against said
fund by the Comptroller Of said city. APP
concerned, by the presiding. judge thereof,
for the office of Recorder of Mortgages ard
the office of Register of Conveyances, by the
Mayor of the City of New Orleans, and for
the Offices of the respective city courts By
the Offices Of the Court of Appeals
y he a Of d shs nass pay yhsfse of al
said bonds and certificates hereinbe-
fore provided for the salaries of the en-
ployes OF the various Offices hereinafter
named shall remain as now liked by law,
and there shall be no increase in the num-
Der of employees now authorized by law for
the Offices of Recorder OF Mortgages or
Register of Conyeyances. unless otherwise
ordered by the Civil District Court sitting
en- banc; and the number of employees OF
the Civil District Court shall be as deter
mined by majority of the judges thereof.
The Clerks of the First and Second City
Courts, until the organization Of the City
Courts hereinbcfore provided for, may each
appoint, with the approval of the judges
thereof, an additional Deputy Clerk at fifty
dollars per month"; but 10 other employees.
nor larger salaries than those now fixed
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 hereinabove provided, anu
then said Board of Liquidation, on tue
second Tuesdays in February and august
of each year, with whatever amount mas
been paid to said Board b., the Treasurer,
as herein provided. shall, after paving the
interest. pay said bonds in numerical order.
After the payment of ali of said bonds: TIE
and any surplus of the remaining eighty
Der cent, shall be used by the City ireast,-
rer in paying the certificates herein pro-
yided for if any IN the order FOL Oh ' hnds n
controller certificates, II any OF the lafter
shall be issued shall have been retired ana
Cancelled. the salaries and expense, OF ,ns
the revenue of said officers shall be resu'
lated and disposed of as may he de!et',
mined by the General Assembly: I I'M aftt +he
current month in which this CONSTITUTION
fs adopted. and all amounts. arising from
the judicial expense fund when zen, snhal re- o,
main in the hands h of t neid 9' bv him to the
Eoard of Liquidation of the City l,ebt: ana
be ' used by said board as part of the tunds
herein rs,an above refe r Z s SANDERS,
SPEAKER ssiahed, OF 'ne ALERT EsTOPINAI4.
Lieutenant Governor and President OK Una
ApDr oeed': July 10Th. A. 2: 1902.
App''' w w. HEARD,