Holmes County Republican. [volume] (Millersburg, Holmes County, Ohio) 1856-1865, 1859-07-14


ID. One million and twenty-five thousand
dollars, bearing interest at the rate offve
per cent. per annum, coming payable. at
the pleasure of the state. after the 3lst
day Of December. 1855 s1,eseoo 90
81. Two millions, hundred eighty
three thousand, Eve hundred thirty-one
dollars and ninety three cents, bearing
interest at the rate of six per cent per
annonl. coming payable, at the pleasure
eernber, $50 2lss5si 90
dollars, bearing interest at the rate ofsix
per cent per annuIn, coming payable, at
the pleasure of the state. after the 3lss
day Of December, 1875 100000 90
5th. Two millions, four hundred thousand
dollars, bearing interest at the rate ofsix
per cent. per annum, coming payable, at
the pleasure of the state after lhe Slst
of December. 1855
Amount of the foreign debt slssai, SIS 20
9th. Two hundred seventy five thousand
three hundred and eighty-ive dollars,
being the amount of the domestic debt,
the principal and interest of which is pay
able at the seat Of government 2753S5 90
Total amount of the foreign and drnes-
tic funded debt cfthe state on the lst
day of January, 1859. thirteen mil
lions, eight hundred ninety-seven
thousand. two hundred forty-two
dollars and twenty cents S13,S97 2i2 20
is hereby made guide and airecfio obligatory upon the
commissioners Of the sinking fund for the time being
the discharge their official duties and is also hereby
made part of this act explanatory thereof And the
commissioners of the sinking fund in carrying into effect
PROVISIONS THIS act, hereby
required to issue the certificates of renewal of the said
funded debt and annually apply the sinking fund to the
payment thereof: First TO the renewal and payment
full of the rst debt coming PGyable which viii be the
first day of January, eighteen hundred and sixy-one
S6l and then to the portion of the said debt next
ing payable and order and in succession that
the portion of the said debt first coming payable shall be
first fully redeemed and paid and the certificate first is
sued shall be for the earliest period of redemption and
payment and such and order that the
certificates last issued shall be for the redemption and
payment of the portion of the funded debt last coming
payable, unfilthe entire amount, and every portion
thereof shall be fully redeemed and paid 1t is howev
hereby expressly declared that the temporary debt of
the state created to reimburse the treasury the act of
April p 1858, amounting to hundred thousand
dollars the payment of which being provided for BY
special tax included in but expressed excepted
from the operation of this act.
Sec. 9. The commissioners of the sinking fund are
hereby required to report to the Governor at the time of
making their semi annual reports and at such other
eral Assembly, to either branch thereof if required
by Oiat resolution of the General Assembly or by
luton of the General Assembly resolution oether
branch thereof all and singular their acts and proceed
ings done under and by authority of this act by or
under authority of any of its provisions and require
ments And in the General Assembly should not be in
session at that the time that any such report is made to
the Governor such report made the Governor
il such reports made to the Governor If such re-
port reports should be made that two monts pre-
ous to the time when the General Assembly meet
session thereof then and that it shall be part
of the official duties of the Governor cause any such
report reports to be published in least newepa
pers of gen circulation published in each the cities
of Cincinnati and Cleveland.
Sec TO- This act shall take effect and be in force on
and after its passage.
WILLIAM B. WOODS, |
Speaker of the House of Representatives. |
MARTIN WELKER,
President of the Senate. |
April ., 1859.