New-York daily tribune. [volume] (New-York [N.Y.]) 1842-1866, 1851-04-19
The Proposed Canal Bin.
AN ACT to provide for the completion OF his Ene
erlsrs ems ni, and the G'ne,ee Valley add Biset


AN ACT provide Tor the compeuon OF Us kre Csrs
erlsrRems d. and the G,ne,ee Valley add Bacs Rivs
fss Pop, q u, Stat II Nr- T,rs r,yrri,s,f NJ s..
4sff- Il. ii eHatf (piftrf-
Ssos Toe rsm,ns,r OF h. revenue. Of - Sal, cas. A.
tar dssyps The etp.oss 81 COLLECTION iuteisncs sd s
~ sni set The several "nosa'' proved u. CO
spphrd lie sitrgu lsut 90 The Casa ssi
.bs ). sppi.d he competcn Fns n.
.ng.m.et srd Of he G.ns,es V. j., saa s.e R-t c,,.
here ter cected uuil ssSt elssrsst td.
81 The ccup,rvsr ,ha 20 Be- prepared e.rca, 70
.. c.nompAed Ca1sl Csr6ctes ~ ,aa-rr,
hs second section of chapter fss huaie 40 t-sa
the laws Of thousand eight hu0drsd snd a '1e .a q,
thsr. sPscass ,Icspt that ' sans n Az
less than y collars Nhh shan Pnpo on 's.', ss
bs issued BY ,usoi thu act snd .aoa al, o'h.f haea,o
CATION petSs tie part Of III state th.n "a. - coa.a.ta
sps TIE ,hsi.os to ss .si6sd provided ss1
cef siss shsI b. Hss Psy'e- such TINE not -cs.ts,..
the OF the to C'npio s' ,6l
d.gn,. beng tie psrod wien. h dsn sai ts' r-'.ss
payment Il tie interest thereon sni bey shs bear a. -ts-,
cot sIc-eds s pr c-"t per snoum Pvses som saut
the prov 81 law relation % cftc.iss Of
or uaser the ssaor'y Of the Of he c.al
Fuut 40 far :. they are 'ppla's sh 'eai ant applied
the SAD Caos Rs'suus Cstncr snf Al The po-' al iu..
OF "a ued By h' STATE ul ef thew drton sAs q.
yoTe sni Be Pc 9msS B, ih' Conroe o. '-'o 20 es
c,s.r sSrsrs cssrurc.rs
@ o. IL. state Of sss Yoe. a. ,ss1
& Of ii, III E.; c,o, .:'m'a' and s sss
80 I'd .''''' a., 9''''to' to '1,''' ~
S r., 'o ar.a.o .a 30.
OF we 10 each y..r. ur,lta tim. WIEN ,sspos,,,.a S
VIII Se .s oiS.t liability or s 90 "a. S.
state Ct New io than such a ,'s nsd IA The sat set D.i
~ IS Aa 90 ,e,n - go, ;, ,as cso''uls
= surplu, specified IN H. ~ oft,sax
s have .y ..s ' ' 1. Ere s @ 80. @
the valley sd BLACK River Canals uau TIE ,hgt
conpeted Ae' The cse o. tbs fiscal ,e'f sht'-o bOafs
end COS ,ur "a ssrer peod the ssd 10 an 40
Canal, SHAH be cossab b, Ms Canal Board 10 b. comp-
vtCia he surplus fpeC4ei o. Tia i
SCI NAL be- s.cer,snet 80 each f,cL ys,
,ss Gau.r c.,tfces 81 ,,a.i " ~
G., ptroer s su AL dae and 70 the fsempupos
81 such GO dcst's hsrecsner p'ovisi ,ne a.
amount OF such surplus shal be- ssc.are even nc'lya,ei
Auditor ofus Csua Department shsn by b. h,T.,
. IN @ ite. sas.,,d a "a I'll, svsss,,,
al the Caus c-r'fca'es 'sud utier n act a
pay tie usreei hseon suh sum eny ant sasis 70 bs caIS
ssc4 Controller shall keep proper
he ssd unc sepua' ant distinct from al o'hef usi "a ,hal
nus5 report TO the Lrssiure condron merol lbs goa
Ter shall iron 20 draw bis ~urst he Treasurer
be out Of the ssd utd ony Tor the payment 81 interest o. h.st
for tie rsteu p'n Of tbs 50 cert ate As tsg 'ha escea,te
,isd aud any part tho sat fund, All of
the OF the expenses OF pfsPs y, suns ani f'rnS
sTc TIE Comptroller shall tins sHy p.Ha
To- Tie interest or un Of the cs6C
sny soIs lorhs psmsnt Of Which tbs aih ths STA. s@
ofts capital schocl may
tine Puc as any canal I'venue oehe't-s ''g, ca'er & ct
TO BE- advantageous 20 the uni erssy created. aud he N
On manner ilestaEl Lcons or tfsns fh
$50 d The tsoa o-',dca,e. ,ccorin,
of Ills act h' b. ~ eNsd ou psf'oa Or assoc,
uoo Of s9p formed for tho pu,P,- Of ,oa 'snd
s notes t. b such ,..ccon an IN. san,
upon the snc TO 'h- cHte' pm
The "a ~ s-o DO ,sceysd lrom aaJ ouss
os-lsed state IN compliance With euy las rsqr
"s tsd.pos - stoc ~ secnuJ 'r he p'isn
stce a. tie 40 eftasU p ot-.ch couP,uy
srs7 TIE ot' -h'l '7I 81 rove 80 c,'s' .,s'i
Of 49, AID The 49,
= e a
dJs AID sithn three ears silsr he - o ia go % each
ned b. - Canal Board {. be- n.csasry TO- ~ oaeonp.s
Ere c. fn gsns-i snt tie G'uess Yasy md st
pnuosl winch tie -h,t, '.,p.ct
gsy The too o' such s.s ,h,d gvsa b, 'b'cs
be made b. Il mn l-siot ers OF the Canal Fund
ell emuns received thereon -ba be- iDn-ds.y psd
Treasury OF II State and thsssu- together WITH a ia
eomfi.5u y r,- s,aai sai.'ssas@, az The Goes.
pTovdsdty to Ia. cssal Pamss
oiu the orracat.s ars1 provided asi s
sum ihr'e mHostys hvndrsd Thousand dollars sbsseJspes
Psiri 10 te pad ui q sua ea AID ais S .o ns
us va s OF Wn hnNti oite 1an. DsPatm'at dunhs hsss
year after To Of this and a. hs Of hre- r
Of ,0ch avail prens interest al "a a. revenues, .a ssas
lie "'sn eung 10 ,seons yea. tent ,sr the P...s.a q.
csnas AID to be Psd a'ths bs required from 'o'
srce The sum Il hundred and eighty h,ussoa doRln
hs'eoI appropriate ~ ~ pay meat Of Ne fret yes seIssss
ss hundred cod lu hoo'ad dollars hereby sppronsist b
II the csrues -
be pad By tie essa'sr tho warrant chs Auditor Of ne Co.'S
Department of the q the SAD AutanHd
shall accrue ~ too depo-lt oil such avail "a
SIC 10 II any IN alter is year gh;sen hundred sndg
four ne Legislature sha dusct the u tes ntrei anhJ
ou,snd dofs or afy psrts'e oar % he supt, fe'sn"e
the Canals applied nscs'.ay srPsn'sso tho Go,.n
nent .uthorz.6 b u N artcofa
cor,tut tie sun so directed 20 BE- applied shall ,n tA.s.
forth cease eoosutu part Of the ilad hereby cs,sd sn
payment Of the interest redemption hs pnnPalo the Cs
act such shs ~
1s tssnsd to the credit Of tho sal fund.- so long such ''
ss H. 10 each yearaterths present tbs cala Board hS
regulate snd IL the canals n "a stare "a Tss
year 81 @t the smouaso aus transported The uesse
sha produces s.c pas H. Of eos
ton suT Ordinary Of canal sn
ne s-ch sppprst the constitution for the payment -
es1sI debt sae s -fs luna dso s,d sIp
u gos'nsn sl also to Prduc. surplus lsas, skhs s
snHteheh ana Wen Tie sane shall be comp s's5 ss1,
70 produce surplus of - least dollars slb year
cstes auhiTsd BY t, shs hsv. collected sg
vested to ts csrt6sd BY tho canal asa b
e. H. The Canal Commissions. shall upon such farms s
suchIna tho Cana Board shall direct spprovs cora
Tor he complsion Of tbs nf the Ers at1 ~
Gsnssss Vs.y sad Black River CaLss lfst giving public nyes
he m,nr'r row required By s- but such contracts sha
10 execute Their work the compsugn o. Y
s $40 - IT, 81 100, S'', f 200 s ooa | %. snsfs
thousand eight hundred ard fly four efms Whh s
n ue gusn Of the csns Bo,rd BE- most a1ysksesD
suoh 'haH .tpulaton srpes,1 IN
fg III sb lily Of ls State TO the payn'n thereon only d s
surplus shall be constltOnay aop s0s u tssea
psucn the Of the mOueys realized roa As a..
Of tie authorized " this tho Canal Bad @y
aS contracts b. rng s'sl y.
cs't fcatss suhorIed By tbs at az not les, tl.a %.
sFsf provided however that the contracts fr he eanp
the ehos Of the wot upon such canals according % TIE
sTsccstots adopted By &c Canal Board shall rot al
sHount ten per cent to sum oi Ten mlns hVs
eight housaEc hundred and forty dollars tsas ne
o. i' st mate or .sca eaa'' .Le.P.
h, report the State EnE Surveyor Tor
ssod eight huuded snd ny on. exclusive Of snd dsnAs"
sEc IS tbs shall tsis eject iams5.sT
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