New-York daily tribune. [volume] (New-York [N.Y.]) 1842-1866, 1859-04-12
MICHIGAN SIX PER CENT LOAN for the

iii
Of ST. NARY IN pursuance Of an Of the gate Of Mich
81 s 70 Hi he b. s :oa
% peor tie trust citing the same approved February
sat. IsfeSJ dive notice hat on xond.y the twenty dh q
Az I % oF' o s 2 ss ons hos.nd
each 70 The saount Of one handrsd 90 I ao
PG.S ssa 't the principal sss%b. in se
ofN~Yori pleasure Of the State In tsenty nom
SIX ss FK AsS hs in G r eta ssa
e s cp: b. e 'ya e ' md 70 =:
resumption Bonds and the h Of the State pledged
please sdSrsss propo.s. 70 the ande.ned
L.noin ,Michgan whh will be opened ~ The Governor snE
sbs negotiation win be completed.
reoD' whom ,sa os1 or any par. tasso 1:5 S:
s.ts fps.,uTsi 20 Of s stss Of Eicb.n 10 BAH
sag s set !. N .Se t foloS WIN 1 word.
"Is provide sor he reP.irus EIe.sry.pa .nd oPe
.pg Of the ship cena .roond the Falls Of st. May and
gn:a I oapsS .sPas s AIs 70 oS, sS aS
Canal around the Fall. Of 81 Merry and s.o seven .a
sy thousand .cre' Of the public lands to d ID the
WI~sa. TIE .,id act accepted By, .ud the condition,
thereof made obligatory upon this State, BY Al act sppo'es
Whersa such Canal having built and soceped BY the
.uhor. Of ts, state found 70 need repairs in order 70 is
preservation and usefulness aud the due performance OF The
tust created by said Of Congress- and the assent Of this
sEc1ios 7Ss people q he STATE If aie.gas meet rh,,
the State Treasurer are hereby sutorhed ana
directed the sehst Of the people Of TIL, se 70
nS.oe and t 2, ci aGl The the
State any time after the expiration OF tTent years rom the
syH5. on x. Se:s and most avOrlbs tenn, conditions
la. judgment be obtained At en- inte's, not eI
sendsS and .pped solely making from time TO time such
repairs upon the locks gates snd walls thereof me s9sa
collection o. tolls AID for the care chsss and opesns o. s
5 e,n: .EP50'. .ns fssr ss9 opsSson
sid Cans. the fun performances q the tru, above reeted
he for Ins p.nd State IRE hereby
directed after avns first aavsI.e for saeh loan IA
Yois ana S.sbre for lesit ty days PRIOR nesOti.ns
said sp 10 cause 70 made and issued bonds In not
thousand doaIs each to De gned e he Governor
aud counterusd the Secretary Of state and sse
shan be drawn in favor Of tie Auditor General AID being In
him shall become transferable and Delivered to the
sach form a. they lhA d.ae be redsemsbe Aforesaid
and bear interest Aforesaid payable On he af't diy Of JOY
In the United sts,s should the Governor and State Treasurer
mo Osnyealss and ssy.st1seSas 20 to 2oa.s .ao
euton raid power 20 bouow hat the Governor snd STATE
ProsdS That ssd bonds shall be sold highest bdder
bat shall b. sod a. es btr par arc Toe money oosned
.si Constitute pan Of me st. Mary. SHIP Cana flnd
spped used for the above canned sl for no othet
EtS Ct The s,:ts /. hereby PLEDGED
sEcros Ali tie te aud other income rom the s.ii 81
Mays Falls SHIP Canal aer pAyps ne sstusl aud necs,..y
expenses Tor the and oPersnS q e sane are hereby
st he sss hal s due and tie State hereby gasr.
,nes the payment of principal and interest Of such b0nd
pledges s faith that in default Of such pay Geni Il VIII uloon.
sitjonslly psy the h.ne ~itho, at delay
SECTION AL Necessary contingent expenses Incurred ~
the Governor Treasurer In carrying out toe provisions
Of this I be sldiee By the Sosrd Of STATE Auditors AID
,ad sut moneys the Treasury not Otherwise spp9p
s.eS and be eb,sed AGAINST sd Canal fund Provided hov
sssr That the State Treasurer shA uo member Of SAID
Board, in suditns any claim under his section
The boxds the ssue Of which ia Authorized ey
his act sh. bered and reered IN book 70 be
vnred for purpose BY the Auditor General IN bis Office,
which rester sha contain the number amount and WIEN
bond becomes due the rate Of interest snd when .a
where the INTEREST," payable and sseh bond sha contain
eoyy Of the third seo.ion OF this act.
kxcrIoI s Yhis act shall take effect irnms dilsly.
EDN O. rAIRPIELD,
Presiden. Of the Senate
HENRY A. SHAW,
Speaker Of the Hoafe Of Representatives
kpproyed, Feb. IL lS5e-Lansins, March s. 1889
n WISNER Governor Of Achigsn.
JOHN MCKINNEY. e.a.A Treasurer,