Dayton daily empire. [volume] (Dayton [Ohio]) 1850-1865, 1859-05-06
sog,385 %

Shall be, and hereby is made guide and direction
Obligatory upon the commissioners Of tho sinking
fund, for the time being, IN the discharge OF their
Official duties.
See. 5. All or any portion Of such ceitiRcatei Of
the funded debt Of the state 80 to be renewed, as
hoiein described, may be made and issued with the
principal and interest payable ut tho treasury Of tho
state, at the seat ol government, at the oce Of
the agency Of tho stale in the city Of New YORK, aud
at other place whatever. Aud all certificates Oi
the funded delt issued as a domestic debt, the
principal and interest uf which s made papable at
the treasury Of tho state. shall he issued pay able to
the party paitos taking The same, hn, her their
order, az die case may be
sec. I. Tho Interest all tho certificates OF tho
funded debt of the state so to be istued as domus>
tic debt to any portion OF tho funded debt of
the state coming payable as Aforesaid shall bo made
ra' able selni-unnualy, (evory six months,l on the
liz, day of February and the first day Of August
Ia each year from the limo of their being issued
Aad the interest all the certificates OF the funded
debt OF the state to be issued a foreign debt TO
renew any portion Of the funded debt ol tho snte
coming yable as aforesaid shall be made payable
semSannually, (eVcfy six monthsl tha hrsl day OF
January and on tho first day OF July In each ear,
from the time Of their being issued. And certiI
cate Of said funded debt issued foreign debt,
the principal and interest Of which shall be made
payahlen tho CITY Of New York, shall be issued OF
less denomination or amount than thousand lol-
lars for any fractional part of thousad dol
lars above that sum; but certificates OF tho funded
debt so renewed, the principal and interest u which
Is made payable at tho treasury Of the state, At the
seat Of government Oi the state, as domestic debt
may he issued In amounts OF hundred dollars or
VI five hundted dollOrs, a may be preferred 10y the
party or parties taking tho same. and also ior any
fractional part Of The sinking fund for any year.
And there may be attached 10 all such Certificate
issued domsstie d 6t, interest. coupons, or de-
beniures, for every SIX months interest coming due
and payable, from the time of tho iasuelng Oi such
certificate to the period Of the final redemption aud
payment Of the same; which interest," coupons, or de,
bsntures may b0 taken by the county treasurers in
lieu Of money in payment Of taxes due the state,
- A auV gnl do uFga
coming due the first day oi February IN any ycAr,
may be taken Tor taxes due the preceding 10Th of
December, and interest coupons or debenlGres COM
ing due on the first day Of August In any year may
lie taken Tor taxes due tho preceding 10th of June,
and be received from them by the treasurer Of state
IN lieu Of money, and paid over on the warrant Of
e auditor OF stale, dawn The requlsltion OF the
commissioners Of The sinking lund, according 10 the
requirements Of law Tor tic pay ment Of the Interest
Oh the funded debt Of the state; but such coupon
debentufe shall be taken by any couny treasurer
be received OF any county treasurer,
by the treasurer Of state, by the commissioners VI
the sinking fund, for greater sum or amount than
the simple interest expressed lhoreln and all such
coupons or debentnros 50 paid By tho state shall be
Cancelled, classified arranged, aud cateiuy recorded,
and preserved In book or books 10 be kept for
that purpose by the said commissioners Of the sink-
Ing fund IN their Office at tho seat Of govefnmenlj n
lieu OF the duplicate pay rolls, required in regard
to the payment Of The semi' annual interest the
foreign funded debt Ol the state, And shall also be
part of the Official duties Of the said cOmmission
60 make such roquisitlUn Aforesaid and il shall be
part OF the Official uues Oi The auditor OF state 70
draw such warrant on tho treasurer of stats Tor the
paying over, aioTosad OF ali such coupons de-
beotnres 0tlan es once 10 each week land oitener II
deemed essential 70 The interests of tao stale by
other the auditor of sAo the said missone rr
10 wheh ANY Of iha sa ID coupons dsbonuros shall
have eeeA feeelved inio the State treasury as aiore
tnid And the treasurer OF state shall also make out.
aud register IN hs ofice, complete shedules OF all
such coupons debeutGres 80 received By him from
county treasureIs. and paid over 10 the eOmmssion"
sE Of the sinking fund On tho warrant Of the auditor
of state drawn as Riofesadi and also shall furnish
treasury al the oloae OF business zach day, In
which any such coupons or debsntnres shHil be so
paid over by him.
See. j. II is horoby made the speea al duty OF the
commissioners Of iho sinking mnd 10 advertise fof
pE9Pe1ssis g Pds i9s NE taking Of an or sny portion
heIeln provided, - domestic debt as herein de-
selHed tSF Ihe term q a ioas SIX months mex. pre-.
proposals for tho taking OF sueh domestic debit IN at
in zach county 10 Ibis state. nd whatever Of
the said debt 90 - be renoWed, az such time shall
tho erms herein spaciat amer the expiration Of the
said Term Of six months n which the same may be
ivrod by he .aid boar OF nlssioners OF the slnk
ing iurd for The sale ~ the eiiy Of New York
oSss IuG ~ uV Or Sa SdS 9oI s
same ~ y ess' uTe ,, ns,s,paRen o. general sreais
AZ ea sixty days neat preceding tho day for iho
closing q the 3ds o. propoasis io the Of the
debt thai may be Issued as saeh domestic debt ns
herein described, shall be Issued BY the said eommis.
SaitsSs be ao sOeS Somsss AZ, ap
attho lowest rate OF mteruat not eNeoedine six per
,senium per annum, xnd ~ par, ,hat being the full
Amount oppressed the face Of The cottncato toa
taereot And for altsueh part portion Of the funded
dobi VI the eate 10 DO renewed, That shall not be
tGEen az donies'ie Job Aforesaid, within the term
o "a mpnts ~ aiofeeaid, he SAID commissioners OF
the eklag iund shalt issue tho certificates thereof 10
such paftyoT parties whO shall RRroe 10 lake the
WIN Me prlae,pal and the Interest he,son, psyaele
rtn iheolJ OF AeN York, foreign debt, a. herein
speclaed. ~ lhe highest rate OF premium for
shA beaT Interest al the rate Of six per Tcenum per
Annum Or Al The lowest rate Of intare under ak psI
eontu poT Anuuu, a. par, Hu tho said masiO
may Judge 20 be most for Tue interost OF tho stale
profidod, thai bids onafs 10 take either a. do
estio or foreign debt containing "a cuOhal pRrls Of
ene per eehtum other than one quarter over hA. {
threeQpATtofa shalt be received, aud Ia ease aha
lhsTe 70 sny esfaes,s Of The funded debt ofiAb sNIS