New-York daily tribune. [volume] (New-York [N.Y.]) 1842-1866, 1859-03-23

4 tbe day declared SEntANNUAL DlNIDEaD o. FIN
w.i.t, ne.'Yofi. PHiLASDEg SHAW sssr1..y
MICHIGAN SIX PER CENT LOAN for the
INl BEkrIir ofthe sHIP CANAL ARoUND ire FALLS AL.
,sn entitled An TO provide r repairing prss-Va
and operating Of The ship Canal around ne Ella Of ~ Nay and
a. e The unaer.sned Governor AID st. Treasurer 4 ss
stat hereby give notice hat Monday h- ts@ny hfh Of
he sa,e " Michigan q not is tao oae tlo1,,at dollar,
each, 70 the amount Of hundred THOUSAND doa for The
s " ArIs.t s Pss i6ess.o, N s S
Blk PER CENT PER AnFUM in aid city The toll. and IN.
operating thereof are BY s statute pledged
ieeempton Of The Bonds AID se faith 4 u sac !, pedted
please sdds. popo,s y the unders.nsd Treasurer
lsncr ncbirap which viii BE- opened By he Governor and
himself ., the Artisans Bar IN he City OF Nrw-fds where
The negotisron viii be comps:ed
PeI'cn' 20 whom SAID loA9 or .ny par thereof may -
s.ts rrssurer o Of Mcsr,n in 'gci Baat he
SAID a., !. IN 70. following words:
"AS ACT % provide r TIE repairing gTesry.G9 .od ger,
sng Of TIE Ship Canal around the FAILS Of 81 Mary and TO
perform Ii, trus; respecting the same.
Hhe,ea, By a. 49, fCouss', approved Alsur ~ ls5 The
,round the Pals Of st. May, and also seven hundred and
sy thousand Of the Ploc andso AID IN s oo'rlcaos
Eke,,as The .d act wa. .ocep.ed BY aud the conditions
1ereoi made obligatory upon this STATE BY AZ oct approved
HAs,sas sucn Cans, h.vn, been accepted by
authorities Of this STATE. lie found neet repair, In order q rs
preservation and useunes and the due performance 81 the
tfu, crstd BY said set Of Congress- and The Assent OF this
stc1Ics l. The sscrde Of he STATE h,.iSaa .aaet That
directed and behalf Of the people OF this State 70
ne,os and contract for La OF loans not exceeding IN .,
sse A. time amer the expiration OF seny yrns rom hs
fret day July in the year thousand eight hundred sDa
hal Their udsmsn. can Be obtained
seedins eaisn anHHm payable half yearly 70 Be .I
pended apped solely IN makug from time 20 time, such
ep.ir' M locks gates and walls thereof . The Boad Of
s. Mar, fs. sb Cans. sPPoV.a t.sIaMy ~ ID @.y
ssd Csn. the foil performances Of the Us; above reeed
u. Bog ns STAT. are hereby
cred and directed after syng FIRST sevree f5 such 9sn
one Of The daily Paper in the i o. pSi!T oo 20
said loan u BE- made and issued bond. In sums not
and by the Secretary Of State and STATE Treasurer
With u the State affixed thereto which said bonds
sos.d BY shall become transferable and delivered, 70 the
.uoh form reg Ihal dscide 70 BE- redeemsble Aforesaid
and bear Aforesaid eyabs on the hr' day Of July
in United should the Governor and State Treasurer
ind convenient and advantageous 90 70 cont. aud -
hereby further declared bs, 1t SHAH s deemed uhcent exc
Of iad 70 borrow that the Governor aud stss
Treasurer h.'. esn.ee such bon;' to be eIecqed and ,9
PyO'd.d That said bone, 'h. be sold 20 hs highest Sdds
but 'b not be sold At less than pa' and the money Obtained
shall eop,.1te part Of he St. M., Ship C.1a and, %
spph-d used for the above named purposes and for no other
isith Of the state (, hereby pledged
All the tolls and other income from the said s.
and operating OF the hereby
devoted The payment Of said bonds principal and
Interest shall fall and the State hereby gdT
the payment Of the principal and Interest such bonds
ana .,h sDi every thn Of such tolls and nc1m. and
od Il. f.h that 10 default Of payment, vii uncon
diuonslly nay the same without delay.
All nsoe,ArJ contingent expenses Incurred ~
State T,,surer In csyps out The poaon.
this 'hsp be sud.d BY the Board Of STATE AUDITOR ,nd
paid out q Acy oney the Treasury not otheIsb spprPn
.,ed ARD e6ssed ss,ns, said Canal fund Provided hoo
-v,, the Sac Treasurer shsN u0 member of sad
Board, vote b. 60 3itins any csim under lssec,o
srcrIos The bosds the Issue Of which slthorseay
pared purpose bs the AucorGen.rs In HI. OH -
Witch r-tst4r shall contain tie number sog,, and whoa
,ssk due, the Of interest snd wren am
sh.rr the nt-re,t payable Ard esch bond shall CONAN
- the third section Of nc 49,.
sycrios g. fhis aet ssal .ake eject iniuns ts.ely.
ED'M Z. FAIRFIELD,
President Of the Senate.
HENRY A. SHAW,
Speaker Of the House o. Representatives.
Approved Feb u iS5s -LausiDg March s, tsie.
NJ WIsNEk q s~rn0r Il Jch'ES.
John MCKINNEY. Size Trrsslrer