New-York daily tribune. [volume] (New-York [N.Y.]) 1842-1866, 1859-04-20
MICHIGAN SIX PER CENT LOAN for the
WI eyNEyIy 81 IN. SHIP CANAL AROUND he FALLS

MICHIGAN SIX PER CENT LOAN for the
s.Eyyr os sslr canal AF9 o. 3D., .ns Of NJ
r,s entitled An It % provide for 70. r,panns
70 eeform he tru. respecting the sane approved February
H. 1859 undssrped Governor and stste Treasurer o. sae
ionI neIt they bishest bidder bonds
.sh >, the .nourt Of one hundred dollars o the
purpose mentioned IN said 81, duly executed socodnt ~
p, ,p ,osis Of ne 1 SsIy ear. fo
s 1t Gay Of s,y Tss t9s n ard lie, fhe o mo in
some Of said Canal ser paying he expenses Of toe care ana
,persns thereof By s...e Prd,d and dsyGee 70 N:
tsoeuoor Of the lEih Of Zoe STATE peosee
or urh payment Person. wns " BID Cor said Loan vi
please ,ddrss PROPOSES " as g. s ,S cT ,ns
himself Artisans Gar IN the City OF Hsv-fos where
lie negotiation VII be conpeted
fe.on, whom ,sid fo41 or Sy e.rt Thereof may ,.
:.wd, will ss fsSs SH ss i IL .aes s.Si =:
NAY ds,e st toe tns ,nd place the bonds ale ''O'''e
provide br the repairing EefefIanoL Alo VPeI
,ns Of the ship o.na ,rSand tss Of st MARY and
49, a. Az .c Cousres. approved Ausss; 90 lss3 the
of the United ss. Hsnte tne ntht 70 oese sns
,y thousand Of the Pobhc l.nd' AID the conrneon
RAs,,a. Tn ,.S .ct va .ccerted by snd TIE conditions
hereof made obssoy upon this State BY an sc approves
sacn Canal having eeen buia accepted BY the
,ohoe. OF this STATE found 70 need repairs 10 order 70 !.
preservation and u,eaiDes' and the due Psriorm.oee o. 70.
us crested BY said at Of Congress and ne assent O. DDS
srcI,os l. TIE Jeop4e a. the q, heAgas mat rhs
sc,.d IN bs name ana sshad people Of State 70
.ns teousad doar, Reasonable ct The pleasure Of hs
sste at any after the expiration Of tsenty ye from 70.
synins on the bes, and favorable terms and
st JUDGMENT be Obtained a. a. Interest not 81.
seeding onis~ o"nsa Psysbe nall yearly 70 o. tt
pended .Pphsd solely IA making from tine 70 us 80
repairs The loci gate, and san thereof te o. s
Cor troll created By ths act entitled an at y 'O s
collection tolls for he charge and op-r.rnG OF ne
H !c., s sA s ans o. operation q
sid Cans the fun performances Of tie tru.; above reesa
. Rort the nrrpo Of
o..sa the Governor and Stat hereby
nd a s S,ss % c ss.: n Detroit 10 5000 a
Yot ana FitsbGrsh thirty days prior 70 nesosns
,d o,n No came made and saed bonds In slDs not
s than Thousand dollars ZACH 20 De signed BY zoe Governor
s y the ssc[e; a ss sos I'd s"d
ana. be drawn 80 favor Of The and being 10
Governor and STATE Tessurer and Be transferable nJ tne
snch they ARA, dsi5e 20 BE- tedsemsbe As ios,ee
.ns !, ssI IN s w.. IN e e or
IN the United should the Governor ard STATE fe.sa.sI
snd n and e6ys TO coDn.ct' sld
seTeby further declared that shs be- deemed sufficient ere
utiOn Of d power 70 SoTo .' the ngsa .ns I'd
Pre,ssd sid bonds shall be sold 20 the highest odde
s1t 'ss no. be os s.a oSs The ss Yrs.Te and
a constitute PAL. the g. Mays Ship Cana fund TO b.
phed for above rsmed ppos, and for no one
purpose, for which application of sub nOnsy'
i.Iib Of the State ia hereby pedred - ..,..
stcrros All the toIi end other inooae nom nc said b.
Mary. sas ship Cans. .heI Payss ne go ,o ar
Expenses Tor the care and OPERATING ., ne cane NE
Interest," the shall fs iue shd the State hereby sn
tbs payment OF Ae principal Ao interest," iu1u
no each and Of them out on such tolls end income ans
edses "a faith that IN default Of 'ncn payment II VIZ unoop
sIuonslY the same without delay.
AL nec.,ssD contingent .rpe nee. Incurred .
Governor and ss rIs"1rer N CARVING ou the srosoos
o til, .ct .nded By the sosrd o sAte Audto Ane
d out Of Any he Treasury not otheUs- spPop
tied chased sz.inst ssld Canal fnd froSsee A
,,s, Tnat he state etsueT shall not member CT s'ia
soMd vote 10 auditing any cis.E under his secticn
etcIfos hosds tie tssue OF which Is authorized ~
this act numbered and resisteed To eoef 70 be pre-
,.red sor porpose By hs AuetoGensra In ma. once
vheh rvsaSr shs contain tn puube sfnouE and sbsi
sarh bond due the ne Ct Interest and ~hn .ae
hsre the interest IA payable Snd s.ch eopd s5> sonthn
sspy o. tss In d section Of ths sc.
k,cTtox q fni, act seal take eject inme diateJ.
rpA o. FAIRSELD
Prendsot Of u. Senate
HENRY A. SHAW,
spraker Of he House Of Representatives.
kr,roysd I,S q lass Lansing, March 5, 1853.
N WI5kEk, Governor Of hichGsn
John MCKINNEY. STATE Treasurer.