ALLEN v. Jouns. 11
absolute or rendered against the revenues of any particular year or years pre-
vious to the year 1879; that, for the purpose of retiring and canceling said
judgment debt, the said board is authorized and required either to sell the
bonds to be issued under this act, at not less than their par value, and apply
the proceeds thereof to the payment of the said judgments, as above specided,
or issue said bonds in exchange for said judgments. ·
Sec. 3. Be it further enacted, etc., that section five of act No. 133, approved
April 10, 1880, be amended and re-enacted so as to read: That it shall be the
duty of the city of New Orleans to turn over and transfer to the board of
liquidation, immediately after the passage of this act, all property of the city
of New Orleans, real and personal, not dedicated to public use: provided,
that in the sale of batture property, which is herein included, the right of the
city to all future accretions shall be reserved; all assets of said city realized,
and to be realized, except such assets and revenues as pertain to the adminis-
tration of said city, and necessary for the support of the same as at present
authorized; all uncollected revenues of said city anterior to the year 1879,
when collected; and the said board is hereby authorized and required to dis-
pose of said property and assets, other than stock held in corporations, on
such terms and conditions as said board may deem to be to the best interests
of the city, and apply the proceeds thereof, together with the uncollected
revenues above mentioned, when the same are oollected—First, to the pay-
ment of the interest on the bonds authorized herein, in the event that the tax
authorized by section eleven of said act No. 133, approved April 10. 1880, be
not levied; second, to the redemption and cancellation of the said bonds: pro-
vided, that bids for the sale of the same shall be by sealed proposals, and that
preference shall be given to the lowest bidder: and provided further, that no
bids above the par value of said bonds shall be accepted.
ALLEN and others v. Jones and others, Intervenors}
(Circuit Court,   1). Louisiana. May 14, 1885.)
1. B1LLs or meme Aran Wannnousn Rncsrr-rs.
The acts of Louisiana, No. 150 of 1868 and No 72 of 1876, mean that the
bills of lading and warehouse receipts for property shipped or warehoused shall
fully represent the property, so that a transfer of those paper titles shall vest
in the transferee the property as iully as the delivery of the property itself.
2. Lrnxv on Vnnnon or Aenicunrnnm. Pnonucrs.
Article 3227 of the Civil Code of Louisiana gives the right to the vendor to
seize the things sold in whatsoever hands or place they may bc found, and to
enforce his lien for the price with preference over all other claims, as well
` against those who hold under title acquired through bills of lading as against
those whose title is evidenced by actual delivery.
At Law. .
Charles S. Rice, for plaintiffs.
Thomas L. Boyne and George Denegre, for intervenors.
Brnnmos, J. This cause having been tried without a jury, the
same having been waived, the court finds the following as the facts
of the case:
The plaintiffs sold to the defendants on the third day of June, 1884, 268
bales of cotton, for the sum of $12,665.25, the terms of the sale being tor
1Reported by Joseph P. Horner, Esq., of the New Orleans tar.