M'arthur Democrat. (McArthur, Vinton County, Ohio) 1853-1865, 1861-06-27
LAWS OF OHIO.
PUBLISHED BY AUTHORITY.

No. 81. a. 81 ANaACT NalA,.L
ToprOvide for defense Of the state. and for
the support Of the Federal Government
SEc, l., BE i enacted By the General As.
stmbly Of ne Nate Of Ohio, That there b
and hereby is appropriaied the SUN Of fuuI
hundred and FIFTY thousand dollars for the
putchase Of arms and equipments for the
militia ofihe state, be expended under the
authority and direction Ol the governor and
audited andpaid upon accounts certified and
allowed BY him. sal N .I7l ar''..Ir. .-
SECs2. That there be and hereby is ap-
propriated the further sum Of FIVE hundred
thousand dollars, to be expended under the
direction and authority OF the governor, for
carrying into effect any requsition Of the
President Of the United States to protect the
federal government
SIC. O.. That there be and is hereby ap.
propraied and placed under the control Of
the governor as an extraordinary contingent
fund, the further sum Of fifty thousand dol
lars 10 meet the emergencies arising out OF
the present condition Of the country, ..,
SIC. 4 That for the purpose Of paying
the appropriations in this act contained; the
commissioners Of the sinking fund be and
they are hereby authorized and empowered to
borrow ont the credit Of the stale, such sum,
and sums Of money, not exceeding in the ag-
gregate seven hundred and fifty thousand dol
lars, the aggregate seven hundred and fifty
thousand dollars, as may be ascertained by
the auditor Of state, and from time TO time
certified 10 them, to be necessary TO meet the
aforesaid expenditures. lrsW .ff 15..,..,.
SEC. 8. Wheneverit shall become neces-
sary TO borrow any sum Of money under
the authority Of this act, the commissioners
Of the sinking fund shall take such measures,
and give such notice by advertisement aud
otherwise as in their judgment may be need.
full TO enable them 10 obtain the same with
out unnecessary delay; and for the moneys
so borrowed the commissioners shall issue
certificates u the proper parties, payable at
the treasury OF the state at such time aud
times as they may deem proper, but not Ion
ger than five years from the first day Of May
A. D. 1861; That certificates so issued shall
bear interest at a rate not exceeding six per
cenium per annum payable seni-annually at
the state treasury on the frat day of May AMI
the first day OF November in each year, and
shall not be subject to any tax or assessment
levyed under the authority Of this state. To
enable the commissioners ofthe sinking fund
to carry out the provisions Of this act, the
sum Of five thousand dollars is hereby sppro-
prialed for that purpose, out Of any funds in
the state treasury. w.... l|...a.
SEC. 6. That for the purpose Of raising
the money necessary to repay the amount
that may be borrowed under this act, and the
interest thereon, and to meet the expense
that may be incurred by the state and neces-
Sary for the support Of the federal government
and the maintenance of the honor Of this
state, there be and hereby is levied tax Of
Seyen-twentieihs Of one mill on the dollar Of
the taxable valuation Of property on the
grand duplicat Of the state for each OF the
years 1861, 1862. 1868, 1864 and 1855, the
proceeds Of which are hereby irrevocably
pledged 10 the purposes aforesaid.
SEC. 2. This act shall take effect and be
in force from and after its passage.
RICHARD C. PARSONS,
Speaker Of the House of Representatives.
ROBERT C. KIRK,
President of the Senate.
Passed April l8, 1861.