The Donaldsonville chief. [volume] (Donaldsonville, La.) 1871-current, 1914-06-06
CITY COUNCIL MEETING.
Market Problem to be Considered at
Special Session Monday Night
Plans to Liquidate city's Indebt-
edness-Auditor's Report,
Donaldsonyille, La, June 2, 1913

Donaldsonyille, La, June 2, 1914.
A postponed regular meeting of
the commission council was held
this day at $50 p. NJ, all commits
sioners being present.
The minutes of the regular meet
ing held May 5, and of special
meeting held May Is, were read and
approved.
Mayor Lemann reported that the
Louisiana State Society for the Re-
duction of Fire Waste had submitted
report of their inspection of the
city made on April "a and Is; that
he had placed the same in the hands
of Inspector Dill, who Is now hay
ing the various suggestions and rec
concentrations for the lessening of
fire hazard put in force, and with
but but few exceptions, the recon- ~ end
ations are being graciously complied
with by the property owners.
The city being indebted in the
sum of $4,000 on various certifi-
Gates OF indebtedness and notes
to sundry creditors as follows:
Farmers National Bank,
Lebanon, KY. 1000 90
German American National
Bank, New Orleans. =. 1880 90
National Bank of Commerce,
st. Louis, Mo. ......... 10,705 70
Ascension Coal Co. ........ 4,167 90
I eyas Oil Co. $500 SO
West Kentucky Coal Co.. 5000 OF
Hibernia Bank & Trust Co.,
New Orleans. 1859 40
all of which mature at one time
and are past due, having passed
through several renewals, it is pro-
posed to place this Indebtedness
in such a shape that it can be grad
ually liquidated, by availing of the
provisions of Act No. 1928 of the
laws of 1910 A plan was submitted
by the auditor which provides for
the issuance of two series of certif-
icates, the first covering period
of ten years aggregating $32,146.74,
payable annually with 5 per cent
interest, pro rated equitably among
the various creditors; and second
series aggregating s16,755.S5 COM
mencing at the expiration of the
first series, covering a period of
four years and pro rated on the
same basis as the first series.
These certificates will require an
annual appropriation of s5009 to
cover principal and interest, to be
set aside from the excess revenues Of
the city for the years 1915 to 1929,
inclusive. The first series of GER
tificates will be in legal shape; and
the second, while placing the re-
mainder of the indebtedness in no
better status than it now is, will
practically assure it's final payment,
and can, at the expiration of the
first series, be refunded by a new
series of legal certificates, in con-
formity with the act cited. This
plan will be submitted to the credit
ors at once.
The following petition, signed by
one hundred and thirty-nine resi-
dents and property owners of the city
was read by the clerk:
To the City Commissioners, Donald
sonvi1le, La.
Gentlemen the undersigned
citizens, taxpayers and property-hold-
ers OF the city OF Donaldsonville. do
hereby petition your honorable body
for a central market, such site to be
selected by your commission which
would be most suitable and conve-
nient for the public welfare. The
advantages of a central market, hav-
ing all the butchers come under the
same roof, centrally located. would
be of untold benefit to this commun-
ity, and would meet with the general
approval of the citizens and taxpay
ers of our city.
Mr.. Leblanc moved that the petit
ton be received and action deferred
until next Monday, June 8, when
special meeting Of the council will
be held to receive alternate propo
sails from w. G.. Hazlip, for repairing
the present public market, and for
the construction Of new market;
and further, that the commissioners
in the meantime visit the various
sites proposed for the location of a
central market. The motion was Sec
.onded by Mr.. Milano and carried.
1t was moved, seconded and car
ried that the clerk notify the police
jury to remove the colored school
building located on the lot belonging
to the city in Railroad avenue.
On motion, seconded and carried,
the following bills were read and ap-
proved:
r. N. Robertson .... ). $40 05
Chas. Maurin :. =. 49,. 8 90
A. J. Scacciaferro 49,. 90
Donaldson Lumber Yard i. ..43 43
The auditor submitted the following
statement Of cash receipts and dis
bursements for the period from April
1 to May 81, 1914, viz:
General Fund.
Receipts:
Apr. Balance :. ;. :. ..$1025 So
Apr. 3-Market lessee, Feb. 118 rs
Apr. 6-Taxes and licenses
lRenort, ESD 70