The weekly Anglo-African. [volume] (New York [N.Y.]) 1859-1861, 1859-10-29
MISCELLANEOUS.
STATE OF NEW YoRE,
0rrIcE OF THE SECRETARY OF STATE,
1870
J
TIL T.
ITO THE SHERIFF OF THE
i County nf Now Work SIR: Notice


is hereby given that, at the General Election 70
be held in this State on the TUESDA Y succeed
ing the first Monday of November next, the foi-
lowing officers are to be elected-to wit
Secretary of State. in the place of Gideon J.
Tucker;
A Comptroller, in the place Of Sanford E,
Church;
An Attorney General, in the place Of Lyman
Tremain
A State Engineer and Surveyor, in the place Of
Van r. Richmond;
State Treasurer, in the place Of Isaac v. Van
derpool;
4 Canal Commissioner, in the place of Charles
Fl. Sheriff.
An inspector of State Prisons, in the place Of
Wesley Bailey;
A Judge of the Court of Appeals, in the place
Alexander S. johnson,
A Clerk of the Court Of Appeals, in the place
of Russell F. Hicks;
All of whose terms Of office viii expire on the
last day of December next.
Also Judge of the Supreme Court for the
First judicial District, in the place Of James j.
Roosevelt whoee term of Office will expire on the
last day of December next.
Also Senators for the Fourth Fifth, Sixth, and
Seventh Senate Districts, comprising the county
of New York.
COUNTY OFFICERS TO BE ELECTED
Seventeen Members Of Assembly
Two Justices of the Superior Court, in the place
of John Slosson and James Moncrief;
One Judge of the Court of Common Pleas, in
the place of Charles P. DAILY;
One Justice of the Marine Court, in tho place
of Albert Thompson
All whose terms of office will expire on the last
day of December next.
The attention of Inspectors Of Election and
County Canvassers is directed to chap. 271 Of
Laws of 1889, copy of which is printed here
WITH for instructions In regard to their duties IN
der said act, submitting to the people law au-
thorzing the loan of two million five hundred
thousand dollars, to provide for the payment OF
the floating debt of the State"
CHAPTER 271.
AN ACT to submit to the People Law authorlz-
ing Loan of Two Million Five Hundred Thou
sand Dollars, to provide for the payment of the
Floating Debt of the State. Passed April IL,
1859 three-ffths being present.
The Peopie of the State Of New York, represented
in Senate and Assembly, do enact as toiio'rs:
Section J. The Commissioners Of the Canal
Fund are hereby authorized to borrow on the
credit of the State, two million five hundred thou
sand dollars, at rate not exceeding six per cent.
per annum and reinbursable at such periods as
shall be determined by the said Commissioners.
not exceeding eighteen years from the time OF
making such loan. All the provisions OF law III
relation to loans made by Commissioners OF the
Canal Fund and the issue and transfer of certiti-
Gates of stock shall apply to loans authorized by
this act, so far as the same are applicable.
Sec. 2. The moneys realized by such loan shall
be applied exclusively to the payment Of claims
against the State not otherwise provided for for
work done on the canals of the State, and for pri
vate property appropriated by the State for the
use of such canals and for injury to private prop
erty growing out of the construction of the canals,
or to the payment of the principal and interest Of
such loan, and for no other purpose whatever
See. 3. Two million five hundred thousand dol
lars is hereby appropriated to be paid out OF the
Treasury, on the warrant of the Auditor of the
Canal Department. from the said moneys, within
two years from the time when this act shall take
effect for the payment of claims against the State
specified in the last preceding section, and for the
payment of the interest on the loan authorized oy
this act, which shall become payable prior to the
receipt into the Treasury of the first annual tax,
hereinafter directed to be levied and collected for
the payment of the interest and principal of the
loans authorized by this act but any sum APP
piled to pay interest aforesaid may be refunded
out of the proceeds of the said taxes when received
into the Treasury.
Sec T. An annual tax is hereby imposed, and
shall be levied and collected in the same manner
other State taxes are levied and collected, sufh
cent to pay the interest and redeem the principal
of the loan hereby authorized within eighteen
years from the time of the contracting thereof
The Comptroller shall ascertain and determine
what sum, being applied in the payment of prin-
cipal and interest, in the first year after the tax
can be collected aforesaid and in each succeed
ing year thereafter, within the period Of eighteen
years from the time of contracting said loan, will
be sufficient to pay the interest and redeem the
principal of said loan within said period Of egh-
teeen years and shall in each year apportion the
sum so required among the several counties of
this State according to the then last corrected as
sessment rolls returned to his office. and shall give
notice of such apportionment to the Board OF Su-
pervisors of the respective counties. 1t shall be
the duty of the Boards of Supervisors of the re-
speetive counties to cause the amount so appor-
toned In each year to be levied, collected, and
paid to the Treasurer of this State, in the same
manner as other State taxes. The money collect
ed and paid into the Treasury under this section
shall constitute sinking fund to pay the interest
and redeem the principal of the loan contracted
pursuant to this act, and shall be sacredly applied
to that purpose and if at any time the sinking
fund shall be insufficient to comply with the re-
quirements of this section the Comptroller shall
increase the sum thereafter to be levied and col
ected by tax in each year. SO as TO make the fund
adequate for the purpose aforesaid.
Sec. 5. The fourth section of this act, imposing
a tax, may be repealed whenever the revenues Of
the canals, after meeting all present constitutional
charges upon them, shall amount to enough to
form a sinking fund sufficient to pay the interest
anu FeueSu VI iodH9 "A1h.A
eighteen years mentioned in the first section OF
this act
Sec. 6. This act shall be submitted to the peo-
ple of this State at the next general election, and
the votes given for its adoption shall be endorsed
constitutional Loan" and shall be In the follow
ing form sFor q loan of two million five hundred
thousand dollars to pay the floating debt Of tho
State" The inspectors Of the several election dis
tricts of this State shall provide separate box in
which the ballots given in pursuance Of this act
shall be deposited The ballots shall be canvassed
and returned, and the result shall be determined
and certified in the same manner as votes given
for the office of Governor of this State. If ma
iority of the votes cast pursuant to this act be
ssFor a loan of two million five hundred thousand
dollars to pay the floating debt Of the State then
the preceding sections Of this act shall take effect;
but if majority of the votes so cast shall DO
against a loan of two million FIVE hundred thou
sand dollars to pay the floating debt Of the State,
then the said sections shall not take effect, but
shall be imperative.
Yours respectfully,
CIDEON 7 TICKER