Fremont weekly freeman. [volume] (Fremont, Sandusky County, Ohio) 1850-1853, 1851-08-16
NUMBER 90

city or town, in said county; and The amount
suhscribed by each township shall not exceed
five per cent Of the value Of she taxable prop
erty Of such township, on the lax duplicate of y
the year 1850. - s
Sec. s. No subscription shall be made By q
any such county, until a vote shall have been
hadin favor Of such subscription, in the mani
ner pointed out in the act regulating the mode J y
of proceeding, where county commissioners
are authorized by law to subscribe 10 The cap pz's
ital stock Of railroads, turnpike roads, and 9TH
er Incorporated companies IN this State, passed
February twenty eight A. D. one thousand
eight hundred and forty SIX. But the voteifi g
that behalf may be taken, either al any ann1l
al election. or at any special election holden
for that purpose at the call the commission
ers Of the proper county, upon twenty days
no:ice & ?
Sec. 4. Before the subscription Of any town 7,
ship, city or incorporated town shall be made,
the expediency thereof shall Be submitted to
a vote Of the ELECTORS Of such township, city,
or incorporated town, where vote may Be-
taken either as any annual election, Of st 4
special election TO be held fer that purpose
In either case, the Trustees, or proper nun.
cipal authorities shsl give notice at least ten
days previous to such election, by posting ia
Eve of the most public places in such town
ship, town or city and the qualified voters
voting at such election, shall vote By ballot
For subscription or Against Subscription,
and the result shall be certified by the Judges
of election to the county Auditor and fled bY
him. In case majority of the votes giseh
shall be favorable to subscription, the trustees
of the proper township, OF she presiding on
Ger of the proper municipal authority, shall 2
subscribe the amount voted for. ~, 7aF
Sec. 5. For the payment of such subscrip-
tion, the proper commissioners and trustees,
and municipal authorities. are authorized %
borrow any sum Of money, az q iTaie Of intes-
est not exceeding seven per cent payable
semi annually in advance. either 10 The citY.of $
New York. or elsewhere, and may make ne
Egotable bonds, or such other evidences q
tdebt as are necessary and proper to seourefha. ,
payment Of the same, and shall annually levy
and collect By tax, such money. as .iogelher !
with dividend and property, said stock viii 8
pay the said debt and interest as the same
shall become due, and all incidental charges.
I. Sec. g. All taxes which shall Be levied un-
! der the foregoing section, shall be certified By
the respective commissioners, and trustees.
and municipal authorities, 70 the county aiidi-
tor Of the proper county, and By him shall be
placed on the county duplicate. and assessed
and collected like State and county and town
ship taxes, upon the property liable to pay. The
same; and when collected shall be paid over
by the county Treasurer, on the order Of khs
] proper authorities, to the persons entitled io
the same.
i Sec. Z. Wheneverany bonds, orders. or any
4 other evidences Of indebtedness er Che inter-
Lest thereon shall remain unpaid after they be-
come dne, it shall be lawful for the creditor
holding such bond or other evidence Of in-.
| debtednesss to apply to the audilorof the
proper county, and on fling such obligations
with him. be shall assess against The properly
liable 10 pay such arrear, tax to the amount
necessary to pay the arreaE and cost. and shall
enter the same upon the county duplicate TO-
], be, collected in The manner Of State and eoun-
|ty taxes 1890 bgl
Fl Sec, 9. The provisions Of the act passed
, January 81, 1850, respecting the sale Of the
/ bonds of the Columbus and Lake Erie .Rail-
road Company. and Of the Central Railroad
company, shall apply 70 The said Junction
: Railroad Company, and to such bonds As shall
: be issued by virtue Of this act; and the issuing
of said railroad company,s bonds, and of said
, sother bonds, shall be taken as evidence IN al
1 ttcourts of law and equity, that all preliminary
conditions have been complied with
r -asn8 a J0HNF. MORSE, -
III a Speaker House Representatives, se
J 9tIi % CEARLES c. CoNEERS. 40
{ 'o dteasl sg's Speaker Of the Senate. q
: January %, 1850. s a a9oe ae
4 y @r.4rF f51s ss1 ~ lrfssr