The Perrysburg journal. [volume] (Perrysburg, Ohio) 1853-1861, 1859-06-02


The seat OF governr M ~ tn oi e Of the sgenGy
Of the state IN thscityof NoY YOr ani at no other
place Whatever. And aA ccfifcates of the Funded
debt "a sinsd asa don ,sic deb the principal and
interest Of which isiuts ptyllle at to treasury of
the stlte shall bo isIeed tabls t6the party par
ties taking tho sam 1his her OF hr order as the case
may be.
Seed The interest on alt thu certiGcatca Of the
funded debt Of the state 80 30 bo sstyd as AdonSs
tic debt TO rsnPw any porion OF th, funded debt Of
the state conibg payahle "a BoresaId, shall be made
payable seni-annually, (oyery six mOnths) on the
rst day of February and oD the frst day Of August
IN eadh year from The tim. OF thet being s,ded Aud
tho interest on all the certificates OF the fands1 debt
OF the state - TO be ssus foreign debt to
any portion Of the funded debt of the state coming
payable rs aforesaid shat bo made p4ynlfe sem AM
nnally (every six mOnths) the trst day Of Janha.
time Of t6er bena is.eG And no cortii cate of
said funded debt issued foreign debt, the prin
cipal 9ndintered Of wiq sltnt be piale payable in
the city New York shall be issued D less demon.
inaoE or amount than one thousand dollars, nor for
any fractional part ofone thousand dollars above that
SAM but certificates Of the funded debt SO renewed,
the principal aud intorost Of which Is made payable
Mt the treasury Of the state atthe seat Of government
Of The s,a?' as domestic debt may BE be issued i9
dollars, one thousand dollars may be preferred
byhe party or parties taxi the same, and also for
ANY ff%S,0ms fSrs % SGd OF @py ear
sued as domsstic drbt interest, coupons deben-
lures for every six months interest coming due and
payable from the tina of the issuing of such certif.
e II
nent OF the same; which Interest coupons or debep =
lures may DC mken by the county treasers IN leu OF
money IN piyheH o'taNesau uo Sate' tnMis TO
say the interest coupons Or dcbsntures coming due
tho hatRlny ~ Fe1ruWy u any ycdrmIy bc taken
TOR taxes duc the pr1cedlnS zOth OF Decem)er and
interest coupons or dobennfes coming due oathe first
day of August in any year may b. ien for taxes due
tho preceding 10th OF June, md be received from
them by the treasurer OF state in lieu OF money and
phd on the wlrrapt OF th1 anltor OF state drawn
on the requi'tlon Of the commission of the sink.
ngtund according to tue roquremcns OF lazy Tor the
payment vi the ihtereston thc funded d9pt oil the stac
Oul 20 AucR coupon or depehInre shall be taken by
any county treasurer or be received OF any colnty
treasurer tue trcl rer OF stlte, Or Dy tue conms-
sloners OF the SINKING Iund' Tor greater sam or
amount thnn inc simple interest expressed therein;
ana ali suoh coupons or deoehtres 80 plld ny tue
state shall be Cancelled classified, arranged aud care
iully recorded ana preserved ~ book or books to
nc kept tor ot purpose ny tlc aad commissioners OF
lho tund IN their once al Tue seat OF govern.
ment' IN i'n OF the unpicete pay rois as required
IN regard 10 the pYnIht OF tlD semi annual Interest
on the foregnfun debt OF tho state And II shall
also b. part OF tbs ON n dutiss OF the Nd aom-
mitsonors to maze -Gh ~ itssiOa as aforesaid; aud
1T shall be part of the official duties of the auditor
OF state to draw such warrant the treasurer OF state
for the paying over aforesaid OF all such coupons
or debcntures rs often once in each week (nl Of
tener fdcemed essential to the interests OF the state
by either the auditor OF state or the said commission
ers) in which any of tho said coupons ddbentures
shall have baGn received into the state treasury as
Ana tho treasurer of stats shall asomake out
aud register in his o0ee complete schedules of all
|
county trsasnrers, and paid over to the commission
of the sinking fund on the warrant of the auditor
ofstae drawn as aFordnd AM also shallfurnish cop
los of all such schedules to the comptroller OF the
Mt the tloso of business each which any such
coupons or debentures shall he 80 paid oyei;by him.
| Sec .. 1t is hereby made the special duty of the
| commissioners OF the sinking fund to advertise for
proposals or BIDS Tor tho taking OF all or any portion
OF tho funded debt of the state to be renewed,
Herein provided ms domestic debt, rs herein des-
crbedor tho term of Mt least six months next prece-
ding the time for the closing ELI bids
posaIs for the taking OF such domestic debt. in at
least Que paper OF general cirgulaton published in
d S1"a GS So to- be aS a "e as
remain without being taken ns such domestic debton
the terms herein specified after the expiration of the
saa term G'sS nouns & IN wncn tme same may be ia
ered by the sud board OF commissioners OF the sink
ing fund for the sale IN the city of New lork as tor-
ers shall advertise for proposals or lid for the same
in nt least two newspapers OF general circulation
published III the city OF New York for term of A.
least sixty daysne preceding the day set for the clo
sing OF the huS or proposals lor tle taxing OF the same
Ana All ccrhnoates ol eaeh enewed iunlcd debt that
may Oe issued rs such docstlc dent as herein des-
crhed shall be Issued by the said commissioners of
tho s'ukhg hn 10 the parry or parties who shall take
the Same such domestic debt as aforesaid AT the low
est rate ornerest not exceeding SIX per centum per
annum, and Ut par tmt being the ful an'ount aseD
pressed upon the face OF the certificates thereof
tor all such part or portion of The funded debt of the
state so to be renewed that shall not be taken do
| mcsIlu ueoI ~ hIo. .csdd' within Inc tcrln OF sN
months ~ aforesaid the said commissioners of tue
sinking lnd shan ISSUE the certificates thereof to
such party or parties who shall agree to take the
with the principal ana tho interest tgereon, payable
! in the city OF New York rs foreign debt as herein
specified ,ntthe highest rate of premium for such
shall bear interest at the rate of six per centum per
num- or at the lowest rate of interest under six per
ocntum per annpm at par ms the said com mssioncrs
may Judge to be most Tor the interest of the state;
provided, that No bids or offers to take either do
nestle or foreign debt containing fractional parts
of one per contum other than one qnsrer over half
or three quarters shall be received, and in case
shall thcrebe nuy certihcnta of taeiuh FED debt of
this state issued so TO redeom apY portion of the
fnndod debt of this state coming payable that shall
bear higher rate ofyintcrest than six pc. cent. per
annum; shall any such certificate bearing interest
at the rate of six por cept per anum be issued Sold
exchanged disposed Of in way whatever by the
said At price less than ar Nor shall