Indiana State sentinel. [volume] (Indianapolis) 1841-1853, 1847-02-04

PrOrided also, That the said trustees, and and
every OF them, shall be, aud they hereby expressly
prohibited from taking being directly indirectly in
lerested in any job work contract, let be LEI
said canal, being in any CONNECTED herewith du
ring the time of his their continuance in Office
find prorided further That said trustees and each and
every OF tem any other person persons, by
behalf Of the subscribers to- holders of any stock
said canal! shall be- and they Hereby expressly
from receiving the in payment for any land on
any accounts at any sum less than Tie face vi such scrip
and interest thereon.
find prooided 1er That no trustee named in this
act shall either directly indirectly be engaged or inter
ested in any transportation boat company said canal
Aud upon violating any of the above provisions it shall
work forfeiture of ms Office and render HIM forei er in
capable Of holding the office of trustee.
l3 That order the greater security Of the State
and also Of the subscribers and with the view TO induce
greater confidence in the latter: Be ii eaacfed That all
Of them, which shall the hands possess
ION during the continuance, aud in virtue oil the said us
shall afer retaining much thereof only shall be equi-
red for the Of woknen and aboreis and other cur
rent and necessary of the said us be forthwith
deposited by them safe bank banks in the city of
New YOk Aforesaid 10 be there placed 10 an account TO be
entitled the Of the board of of the Wa
bash and Ee csna aud all drafts and orders for the
men OF any sum or sums OF money to be drawn by the sao
the said bank banks shall be signed by
jOry Of the said trustees
SEC a. AND WHEREAS BY the fourth section Of the said
eciied act it enacted that the stock created pursuant 10
the said is TO be transferable only the city Of New
York books TO be provided fo that by the sate
cd and by the fit, section OF said act il is enacted "Ihat
the interest ON The stock thereby created SHAH be payable
. 80 - 'ns cry =, 49, ioN' On '"e anu ,l,
very siderable portion Of the bonds Of the said State
S,,oS' d;ni, >; oh S sah;ec, 10 the laws.
nonh, ha ~ oa,sd on The ,a Of
AND "hLhhAs, DOuOts nave Oeeh susses'eu Y" e pr "
sohe sueh iss ehl1neo persons 10 Iespeet 70 ne
" y VI isieeo ~, eH ~, a ,, ~
act and therefore expedient that the be
IS; ID vs. 10 1 re ,, sOoS Az, sh " e tS
81. -. s - ~ =; a.. na
anu VIZ" w" W ciS"s o'.e'"' " w -.
hsoe IN ne an ieeiea aci oy ne s,ae io' the
- - -, ..~S :, sNa., -
anu P'ons VI s"iu eahAi snu lis ee "
ara 'ne moneys 70 arse ana De corrected Ty anu lo
j., he ssid a., ~ sn,;aS "a sasc,ihsd
~ !, =, 50 n.y., my, P'i'.e''S'y ",e , .s. -
arN VI. Ps,oousi 'aAes " pe ie'teu 0"',e' "S P@y
n, and eociion vi rbersof S 's, os a. IL; The same
-, - t;sS sht, ; Ia ~ t.,,a "a :; sa'I
- - - '.' go" - ~ -; 80 - - "A ;n,arss,
~, -, ~u ,:s e py ~ , ~, p''e, " t .
stOeN oe
" , e :' sc ''S WI. ae., su an sc s
y, Wv ~ - SP'N"'e'J ~ n -, -. -
al ana hVoae oy Tue means aOresalu uh Tue oOees nu
purposes OF he sad aet ana this present &C. oe uy
accomplished AND los the reasons aioessd BE
e'u''eu' i"St ,Oie'S"e' NC noiIe' " ~! 81 -
eAes % s,VeA' VI o'hs." ise oenenc.ly en ' %
same sAi pass 70 ms On MS uecesse oi
ne ,S nc ,S We " n;h u fo;n
laoheu " the Jaws OF 'ne COUNTY, oi "hen suen
was suolee. at the me Of ms decease, ana saai not De
i~0e ~ ne P,y'"en' Va a"y &c, 49, VI ~ ~ p "
any Vi ne Su"olues Vi sa'u Ssae' W 'eas0" VI SUI ue
" " VI .ee y; :.
9 SUI" s'N "a 49, ."e.eSy iO
ne reasons anu WIN me view 10 INDUCE sueh as
aioesau' DE JW"@ e"uceu' ihH' al s'0es W Ve e'eA
eu anu al ee'inc@'es auu o.nei VI u'e " oe
issued pursuance o Tue ssu ACT, anu an P'ineiP moneys
snu Iue'es' neeoy 'e,Pee'sey s s a. I
GU ~ iiips"ee' " @a on ~ y -. - ,s
shc. 10 ASD NE by ne e,sna seci s VI ne
$40 q NE ga a. any i'1 re-
:. 80 49,; 49, :, :, hyx';,,";shaa ~ r. 10. -
se nc. eeeon, ueem W oe eAu"s"lseu' VI S"e may 'e
gau as stl ous'Anusng' anu DC 'n.ieu W eceVe anu
uPon "a 'e;.' ,e w, snu "
so Of the "a ra.t.5 oct Or his act win nren5ciaII
sS@n.e " ie s~iu az y, ms az, '
iandpr in the hands Of the pabIic and also deter holders
from hen snhscr;he,s 40 The saI intended advance on
" a. - - e., a.. - ~ ,oST - - so,sod ~ H.
VI ue,Vie ..e ss uay VI @i a. - :" uae
The S,a, shau bsco The holder Of nv ~ the s,a honds
- - - - - a,1 , 49,. .n, 81 -, r.
nd ,S a ,s. Nc ,n r Oa an ch 1t ntonsd
stoc and rhe numbers dates and amoun of ali sch las
oon,ionsd hond ce,6ca,es ar soec.I stock sha finn
80. ~ - - ,S 80 ,o, "a -. .f ,n /
said state TO the trustees for the guidance and
of the latter: Provided nevertheless That in other respects
the same shall stand uoon The same footing a. if held by in
dviuas aud the State shall be entitled to receive and draw
upon such of the said bonds or or speca stock
as shall he chageabe ON The tolls and revenues of The said
canal whatever the tolls and revenues of The said canal NAV
pay upon il or them from time to time by way of
or otherwise as in the said eighth section Of the said act
mentioned.
SEC l6 AND WHEREAS By the ninth section Of the /
said act it among other thng) enacted that before
the deed of rus therein provided to be given shall be de-
to the said trustees the said subscribers to the said
advance shall pay certain per
cenage on the amount of their said subscription
after from time 10 time rs further sums shall be needed for
the prosecution Of the said canal thew shall on the eouis
ton trustees pay them
as they NAV ca fnr moi exceednq hoWever at any one
fine Eve ner cent on the and II The s,d
for the space Of ninety dys after any such call
by the said trustees shall fail to pay the sum or sums 50 re-
yod ,hav b.u ffe;, All the snns aav,nesd
and also ali the priority and preference which bv the
act is given them AND WHEREAS Justice requires that
suhbers h the said advance shall Ia reasonable notice
of ch c.II in rho sad c er,onea snsc;.IIv ,boss ho