Article image
Article image
This article displays in one automatically-generated column. View the full page to see article in its original form.

HOW TO GET RID OF A MUNICIPAL DEBT.

For rank and luxurious public dishonesty (observes the New York Tribune) semi-tropical Louisiana carries off the palm. The State has twice scaled down her debt, and now the city of New Orleans proposes to get rid of hers by a trick of legislation and municipal division. A Bill is pending in the Legislature for repealing the charter of the city’ and placing its effects in the hands of commissioners, who are to sell them out to the highest bidder and distribute the money among the creditors. Then the city is to he divided into three municipal districts, numbered one, two, and three, in order to escape process from the United States Courts in suits of creditors holding her bonds. As their would be no mayor or corporation of tbe city of New Orleans upon whom ti e Marshal could serve a writ or mandamus he would have to return such document to the Court with the endorsement “not found.” Practically the city would abscond, leaving for her creditors only the city hall, police stations, and a few other pieces of portable property. The originality of the scheme is only equalled by its rascality.

This article text was automatically generated and may include errors. View the full page to see article in its original form.
Permanent link to this item

http://paperspast.natlib.govt.nz/newspapers/AG18800529.2.18

Bibliographic details

HOW TO GET RID OF A MUNICIPAL DEBT., Ashburton Guardian, Volume 1, Issue 106, 29 May 1880

Word Count
201

HOW TO GET RID OF A MUNICIPAL DEBT. Ashburton Guardian, Volume 1, Issue 106, 29 May 1880

  1. New formats

    Papers Past now contains more than just newspapers. Use these links to navigate to other kinds of materials.

  2. Hierarchy

    These links will always show you how deep you are in the collection. Click them to get a broader view of the items you're currently viewing.

  3. Search

    Enter names, places, or other keywords that you're curious about here. We'll look for them in the fulltext of millions of articles.

  4. Search

    Browsed to an interesting page? Click here to search within the item you're currently viewing, or start a new search.

  5. Search facets

    Use these buttons to limit your searches to particular dates, titles, and more.

  6. View selection

    Switch between images of the original document and text transcriptions and outlines you can cut and paste.

  7. Tools

    Print, save, zoom in and more.

  8. Explore

    If you'd rather just browse through documents, click here to find titles and issues from particular dates and geographic regions.

  9. Need more help?

    The "Help" link will show you different tips for each page on the site, so click here often as you explore the site.

Working