Daily Ohio statesman. [volume] (Columbus, Ohio) 1855-1870, 1861-05-21
CANAL LEASE.

DUR UANT To THE REQUIREs
ments Of the act "To provide for leasing the Pubc
Works q the State" passed May 9th, 1851, WILLIAM
DENNIs0N, Governor, ROBERT W. TAYLER, Audi
tor and ALFRED P STONE, Treasurer Of the STATE Of
Ohio hereby give notice that they will let the Public
Works Of the State, with their appurtenances as specIf
ed In the said act for the term OF ten years. at Public
Auction 10 the Rotunda Of the State House, in the city Of
Columbus, between the hours Of ten o'clock A. M and
four clock P H. Of the 29h day Of May, 1e0l which
said Public Works consist OF the Miami and Rrie Canal
the Ohio Canal, The walhondng Canal the Hooking Ga,
nal 90 much OF the sandy and Beaver Canal owned
by The State, the Muskngum Improvement, and the
cuts feeders reservoirs lock houses, collectors Offices
weigh locks, and leases Of surplus water connected with
the same or appertaning hereo and owned by the State
lor the purpose Of being used In connection herewith
bad Public WORKS will be let to the person persons
who, In consideration Of the TOLLS lnes water rents and
revenues to be derived herefrom, shall bid to pay the
highest annual rent therefor to be paid In semtanna
payments In advance In each year during the term Of the
lease No bid will be received unless the person or per-
sons making the same shall have As deposited with the
Auditor OF state In money or In stocks OF the State OF
Ohio or OF the United States OF twenty thousand
dollars, upon the conditions that he they will on their
part enter into an indenture Of lease Of said Public
Works OF the State OF Ohio, n the shall be struck
Of to HIN or them and also give bond payable 10 the
State Of Ohio In the sum Of two hundred thousand dol
lars with ve or more sufficient suretes TO the sasfac
ion OF the Governor, Auditor and Treasurer Of State,
and renewable every two years. oftensr II the Cover
nor Auditor and Treasurer OF State shall think tho
suretes at any time insufficient, conditioned In proper
form, that the said lessee essees shall perform all the
covenants Of said lease their part to be- performed,
and will pay all damages suffered BY the state or BY In
dviduas, by reason Of his their failure 70 DO so and
In default OF said lessee essees entering into said
denure OF lease giving said bond the deposit 20 made
aforesaid shall be absolutely forfeited to and be-
come the property Of the State No railroad company
bid be interested directyo Indirectly as les1se
OIL assignee, or otherwiSe, Of the lease. fEtl
No bid Of less than twenty thousand dollars per an
mum will be received. The lease and bond must be ex
ecuted and delivered within five days after the let
ting, and the term viii date from the approval Of the
bond. i1I-.l t- ~. !
The lessee or lesees shall receive oil materials prov
ded or contracted for by the state and all boats, scows
tools, implements horses, mules, and other property
belonging to and used by the State on said Public
Works at their appraised value and pay pro-
vided In said act. 90,
bond and lease In accordance with the act will BE-
prepared and be ready for exminaon o. me once Q,
the Auditor Of State, prior TO the .pn inssni ana ~
bids made shall be deemed to have peen maee WIN nL
erence 10 ali the provisions Of said ac ana OF the teim
and conditions Of the bond ard lease % prepared
ai0resaid' W. DENNIsoN, Governor.
,s.treI ~ Il. w. TAYLER, AwdftSr.
fity f4ygisE fl ~ A. p. STONE, NcasuTer.
oolumbus. Ohio Nay Il, 1851, mayis;dtd.
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