New-York daily tribune. [volume] (New-York [N.Y.]) 1842-1866, 1859-03-19
MICHIGAN SIX PER CENT LOAN for the
WI BESFFIr oftbe SHIP CANAL AROUND the FALLS

WI BENFFIr oftbe sHIP CANAL AROUND the FALLS
o. ST sAka An paSS o. 40 so pe.ss,,o.
and opes Of the ship Canal around The fu 81 ST. MARY and
u 1850 the undrsz Aad state Treasurer u said
se hereby awe notice That on Monday the twenty ann OF
April Trey VIII offer for sac 20 the hsaest eieer bonds OF
the State o. hhssn Of not lei" tan QUE thousand dollars
purpose mentioned in said at, du eIecuted .ocordias 20
The equirem.u thereof The principal IN the Guy
ofNevYork the pleasure Of the State In t~etg 80" non
SIX RCsNrPER aNSGM in .s,d ety The ,ol. aae in:
e. s csF, a.. :, he And sSod the
rcenp Of the Bonds snd tte fsih Of the State pessea
please ,ddre propoas 10 the UNDERLINED State Treasurer at
bsneps mehssD which vii be opened y ne Governor and
himself ct the ArssLs Ban IN tho City OF New-fors where
TIE negotiation viii BE- completed.
Perons to whom said osu any part thereof m,J Be
So. r.s.uIsr Of Ss STATE Of asats.n in .uca sani
designate tins and place the eonds are delivered
IAN Acr 70 provide fo rsp.rns preservation aud oper
.tps Of the ship Cana around the fa OF 81. Mary 'aa %
Whesa' By a. se' consrr'. approved Angus 90 o- sns
Canal Mound tho FATS Of Mary and hundred and
fy thousand OF the public ad'o aid In the constructors
Wls,.a, The said act socsrtei BY .ld the conditions
thereof made obisaoy upon thu STATE by al act sP3ro'eo
Ws,s1. sucn Cant. having built and accepted BY the
authorities Of hs state Is found TO need repairs Ia order rs
rre.rvson and usefulness and the due peormse 90 o. ne
rust created By ,ad set Of Congress- and mo assent Of this
sscIios l. Ire people "a. STATE Of MeLisas erae, That
the Governor and State Treasurer are hereby sahoLed snd
behai OF the peops OF oitgo
negotiate and contract fot sLsn or loan. not eteeeahs "a
huodred thousand dollars dermsbe 81 the pes=u Of tue
State an after the expiration Of rcEy years from the
frat day Of JAY In the year one hou.nd etht wa
fifty nine tie beat snd most hyorsb, terms Ana CONDITIONS
rs.sins air os mum pc, anas payable half yearly 20 BE-
p.Ldsd and sppsd solely In MAKING ron uSie % ti sun
C5nroI created by the tied An provide for the
S. ssp Csn. .pproysd FEBRUARY ia 1856 nay
deem for the preservation aoh e-nt operation OF
said Csn. 'he full p-ioma Of ths trus abcVr ecited
a.,ad the Govern state Treasurer hereby smpow'
s so fGS es S.,s The s. Of pso, so.soa New
reri fubash fer is. ,hy days prior 70 neso.i.aas
" thousand dollars -scb 10 be signed ~ toe Governor
b n. .,r. s y the sa @ ea thereto witch aid bonds
shah be drawn favor Of the Aloor 0-oer, aud being Ia
d,sd By bin shall become ualserbs AID dehgsr.t q tbs
STATE Treasurer and ta,sbs By them 10
such thAl dsei5e q D. redeemabs a'ofessd
sSs J.Se.ry 10 ssch Is In The oy Of S. Yors OF -hers
United States should the Governor and state fsa.uteT
hereby further declared snail deemed sufficient
'.a power borrow that the Governor sod state
PrOsdsd Tbs, said be' aha, ~ cold 70 .hs highest tds
rot be ,os ., Tram pa ;sd T.. %sn,, SsA. .d
aba. nsus part ottbe st. Mays Ship Canal find % be
papo., whsteyer for which nPh.sao Of su'h money tho
sth Of be State :, hereby pedz'd
sEeTios All the toll. s7d o;hsr income nom the said s.
mary. y. snip Canal er paying s,u.l aud peo...ry
for the and oP7TstiEf o. the sane ar hereby
h,sr.t as The ,.@s sh. sus AID hereby
atte.s Tho payment Of he pnepa .nd ntee' 81 aon e'aa
pee ts faith that 10 default f ,uea ment viii unsoa-
diuonsly ray ID. same without delay.
SECTION AL necessary contingent expeuse. Incurred oy
the state Treasurer 10 csuyios out The Po'i'ons
Of s be suded BY the SoaEd Of state Auf';o ADD
Ped q aIy the Trsssuy Dot otnsrwe .ppropn
ssd be c6ursd sssn'; ssd csaa nnd Prorii.d top
s Ina, the sae Tr' uufeg sos got ass member Of Said
Board, h suiitns sIy elsin under his ton.
The oose' the s'us Of ~hich authorized by
sbs b. numbered AID ssr-d 10 bOoE 20 be
pared for th. purpose b the AndorGensrs In hi. o's
which register shall contain nnb.f amount, and whsD
becomes dgs Of int-r-st aud when sud
payable; and each bond shall contain
copy Of tho third section Of TOD. act
sICTtOs rLs .ct al take effect Immediately.
E1M s. FAIRFIELD,
Prssisent Of tho Senate.
HENRY A. SHAW,
Speaker Of Inc 6ouse Of R,preseDtstiyea
Aprro,e1 Feb a. l259 -Lsnung March 8 1850
NJ " I3NEa. @ vernon Of Hchlssn.
John Mckinney, State Treasurer.