The Highland weekly news. [volume] (Hillsborough [Hillsboro], Highland County, Ohio) 1853-1886, 1859-05-26

the treasurer Of his county for tho payment Of
the gross sum Of such install lmcuts Of prInci-
pal or interest al may be then due, or for such
sum Of money the treasury os may be- 0p-
plicabIe TO that purpose, aud deliver the same
fu the county treasurer OF such county, aud 10
is hereby made the duty Of such treasurer
upon the receipt Of Guch warrants, 10 make
payment Of the principal aud irsialImcuis OF
interest of such debt az The times and pIacss
Of payment specified iu The security therefor,
ont Of any money in his hands applicable 20
thnt use: and unon payment Of the principal
rum or inslaIments of interest as herein pro.
vided, the trrasu rer shall take up and hold the
obligation or interest wurr8ut go paid GU the
same shall be cancelled, as herein provided,
but " the interest be provided for iu 'ho body
of the obligation, and not by separate war
ranis here for he shaIl iHdorse the payments
thereof on the obligation, and t1ge from tho
holder % separate receipt, specifying the date,
amount, number und time Of maturity OF such
obligation and the date Of the maturity Of Tho
ins'aImeut so paid and the amount and date
o the payment.
Sec. .. To from any cause such debit or Iu-
sfalImrntG rr Interest ho not paid 8t the time
and place Of maturity thereof ag aforesaid, IL
shall he the duty OF the county treasurer ~
any time Afterwards. 10 pay the same as funds
in his hands applicable TO that usc may admit;
but if the treasurer was ready with funds 90
tho time and place Of maturity thereof. 20
make payment Of my such debt or lustall-
mpnt OF interest thereon, and the holder of tho
evidence thereof did not huva tho Same then
and there present md in readiness 10 be- sur
rendered. or TO have Tho payment lndorscd
thereon as aforesaid, the county shall not
thereafter be bound TO p7y any interest there
on, tiIl payment shall have been afterwards do
maudpd az the Office Of the county treasurer,
and the same refused.
Sec. 3. Itsha be the duty or the county
treasurer aforesaid on or before the first Mon
day Of juno next after This act takes effect, 10
enter ln book 90 be- provided for that pur-
ross NJ the expense or The county, TO be en-
titled funded debt 10 The credit Of funded debt,
the amount of money in gross llrn iu his
hand applicable 10 the payment Of such debt,
aud shall, in Ike manner, on The FIRST Monday
OF e0ch succeeding month, enter I'm said hook
/ TO the credit Of tho same account, all sums OF
money received by him during tho preceding
month, applicable TO tho payment OF such debt,
specifying from what source the same were roe
ceiycd. and shall, al the proper dates, enter in
the samo book TO the debit Of the same &C
count, an sums dishurgrd by him out Uf said
/ fund, specifying 90 whom and on what o"-
count which book shall be onon 10 the ir-
spection Of alI persons Interested in said fund,
/ al all Times and shall be kept iu the treH~u-
rer'7 Office, and dcliv" rcd over with tho cthcJ
. TO his successor in office.
/ sec q. It shall be The duty oi lhe county
nud'l'r OF each county IN This state own"
FUNDED debit MS Aforesaid, TO furnish ,ho couN'
/ ~ treasurer oi sucn county Wilh"nt uh"rc-
ess'rH delay after The passage ol TINS "c'' ohl
rom ime to time afterwards MS 'he same may
/ be cFea'o' an abstract oil lhe lnh'eu oeo' Oh
such county specifying the o"i's' om"unt7'
I nnmo'rs' hm'S OF maturity OF PuuclPal' ra.e
ana u''s OF maturity OF interest,", ms .aI."lsl, e
+ In'T'""' 'h" Wh'h PalH''c' an" i've lie's"rS'
. s'n" oP'H S"I" I,oNh'S IHef'o" '" '"e ""O"
10 n' PROVIDED MS %I"r'S'ia' 's may DC ".pf.
ana eNproi1hl 10 snow nl an Umrs 'he ""'ou" u
/ nm" SEVERN classes oI Ihe luho'o IrOl "I 'no
coNh''' ine rate oI interest n'rfnIhg 'oeI'"n'
/ lN' payments n'''' on account "' l'o s"'"''
/ 7n- 'h' l'"@nh, ouG ana unpaid uere"n'
sec D.. Il s'G" me- ine auly OF soon "''"
/ uFer, al ms st'l'1 settlements, u" produce a4a
/ eNhIhl 10 ihe coun ly comm 'on'r7 ana audi
/ tor a'I "nl gNI"ns Ior P1oGlp'I' ueoL "hu 'n-
/ leresl warrants ny MN redeemed PuTSuaht Il"
Lne rePu'Fe'n' nus OF 'hIs ocl' ana an g'p'"
! Tor interest PAID 30 such cases ln "l'h lneF7
are no separate warrants ana aUeF Tue 'a4''
/ sn''' he compared WIN nus accounts ana tl7
/ accounts corrected so as TO correspond WIN
'hr VoUGneFSNo produce Sa'u 90 lGg',o"' 'o'
/ prlnclpN ana interest warrants shaH he c,"-
ce"ed 'n sueh manner as TO prevent lheT n'
. ing used or put INTO c'Fcu Iauoh' aud WIN '"'