The weekly Portage sentinel. [volume] (Ravenna, Ohio) 1854-1861, 1859-08-03

the sinking fund and receive in
a certificate of equal amount oi
debt as herein specified, and I
sioners shall make the necesss
and entries on their books and
an d transfers thereof.
Sec. 8. The following sche
ment of the funded debt of the
iting the amounts and the tim
various portions thereof come
the state, to wit
OF foreign debt, the principal
of which is payable in the
York
lst. Six millions, four hun.
dred thirteen thousand,
three hundred twenty.
five dollars, twenty.sev-
ell cents, bearing interest
at the rate OF six per cent.
annum, coming payable,
at the pleasure of the
State, after the 3Ist day
of December, 1860, 8
I'd. One million end TWEEN.
ty-five thousand dollars,
bearing interest at the
rate of five per cent. per
annum, coming payable
at the pleasure of the
State, after the 3lst day -.
of December, 1865, 8
Sd. Two millions, one hun.
dred eighty-three thou.
sand, five hundred thirty.
one dollars and ninety.
three cents, bearing in.
terest at the rate of six
per cent. per annum,
coming payable, at the
pleasure Of the State, af.
ter the slst day of De- :.
cember, 1870, 8
4th. One million, six hun.
dred thousand dollars,
bearing interest at the
rate Of six per cent. per
annum, coming payable.
at the pleasure of the
State, after the 3lst day
December, 1875, 8
5th. Two millions, four
hundred thousand dollars
bearing interest at the
rate of six per cent. per
annum, coming psyabte,
at the pleasure Of the
State, after the 3lst day
OF December, 1886, 8
Amount of foreign debt, 81
9th. Two hundred seventy.
five thousand, three hun.
dred and eighty-five dol
lars, being the amount Of
the domestic debt, the
principal and interest Of
which is payable at the.
seat of government,
Total amount of the for.
eign and dom estic funded
debt of the State on tho
lst day of January, 1859,
+ thirteen millions, eight
hundred nj ety.s even
thousand two hundred
forty.two dollars and
twenty cents, 81
is hereby made a guide and a
ligatory upon the commissions
ing fund, for the time being, in
of their official duties, and i,
made part of this act, as expl,
Of And the commissioners OF
in carrying into effect the prov
quirements Of this act, are he
to issue the certificates of r.
said funded debt, and annual
sinking fund to the payment Il
to the renewal and payment
first debt coming payable, viii
the first day of January. eigt
and sixty one, (lS6l) and the
ton of the said debt next cor
and so on in order and in succe
the portion of the said debt
payable shall be first fully r
paid; and the certificate first is
for the earliest period of re,
payment, and so on in spch 81
order that the certificate last i
for the redemption and paymel
ton of the funded debt last col
until the entire amount, and {
thereof shall be fully redeeme
1t is, however, hereby EXPIRE
that the temporary debt Of the
to reimburse the treasury by tn
IL, 1858, smount to seven hun
Yllars, the payment of which
ded for by q special tax, is no
but is expressly excepted from
of this act.
Sec. 8. The commissioner
ing fund are hereby required to
Governor at the time OF maxim
annual reports, and at such Of
the Governor may require; an
General Assembly, or TO e
thereof. if SO required by joint
the General Assembly, or by
either branch thereof, all and
acts and proceedings, done uut
thority of this act, or by or uI
of any of its provisions and rec
And If the General Assembly
in session at the time that an
10 made to the Governor, or Il
or reports should be made mo
months previous 70 the time wi
eral Assembly Is TO mset,at cit
session, or at an adjourned q {
thereof, then, and in that cases
"a part of the official duties Of
to cause any such report or n
published In at least two ne
general ejaculation. published I
government, and in at least two
pub blished ih each of the cities