Daily Ohio statesman. [volume] (Columbus, Ohio) 1855-1870, 1861-05-17
CANAL LEASE.
URsUANT no THE REoUIRE.

DUR RSUANT TO THE REQUIRE.
ments Of the act "To provide for leasing the Public
Works Of the State" passed May eth, 1e0l 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, pecf
ed In the said act for the term Of ten years, at Public
Auction n the Rounda Of the State House, in the city Of
Columbus, between the hours Of ten o'clock A. NJ. aud
four O'Clock p NJ. Of the Goth day Of May, ls6l which
said Public Works consist Of the Miami and Erie Canal
the Ohio Canal. the Walhonding Canal the Hooking Ca
mall so much Of the candy and Beaver Canal is owned
by the State, the Muskingum Improvement, and the
Western Reserve and Maumee Road, and all the side
cuts feeders reservoirs lock houses collectors offices,
weigh locks and leases OF surplus water connected with
the apperainng thereto, and owned by the State
for the purpose Of being used in connection herewith
with the right to have additional surplus water.
Said Public Works will be let to the person persons
who in consideration Of the tolls, fnes water rents and
revenues to be derived hererom, shall bid pay the
highest annual rent therefor to be paid in
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 hrst deposited with the
Auditor Of Sate in money or in stocks OF the State OF
Ohio OF the United States the sum OF twenty thousand
dollars, upon the conditions that he or they will on their
part enter into an indenture OF lease OF said Public
OF to him or them and also give bond payable to the
State Of Ohio In the Of two hundred thousand dol
lars with Eve or more sufficient srees to the sasfac-
tion OF the Governor, Auditor and Treasurer Of State,
and renewable every two years. oftener, IL the Gover-
nor, Auditor and Treasurer OF State shall think the
Buretes at any time nsuncent, condltlOneu IN proper
FORM that the said lessee lessees 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
dvduas by reason OF his their failure to do so and
in default Of said lessee essees entering into said In
dennre Of lease, giving said bond the deposit so made
aforesaid shall be absolutely forfeited to and be-
the property Of the State No railroad company
bid be interested directly indirectly, as lessee
or assignee, or otherwise, Of the lease. tg %.
No bid of less than twenty thousand dollars per an
will be received. The lease and bond must be ex-
ecuted and delivered within Ave days after the let.
ting, and the term will date from the approval Of the
bond.
The lessee or essees shall receive all materials provi
ded contracted for by the State, and all boats scows
tools implements, horses mules, and other property
now belonging and used by the State on said Public
Works. at their appraised value and pay therefor as pro-
vi1ed in said act.
bond and lease In accordance with the act will be
prepared and be ready for examination at the office OF
the Auditor OF State prior to the goth instant, and all
bids made shall be deemed to have been made with ref
erence all the provisions Of said act and of the terms
and conditions Of the bond ard lease SO prepared as
aforesaid.
WI DENNIs0N, G6Utrror.
X. W. TAYLER, ANdHer.
A. p. STONE, Treasurer. =
Columbus, Ohio, May II, 1861 mayl5:dtd. ,