Daily Ohio statesman. [volume] (Columbus, Ohio) 1855-1870, 1861-05-23
CANAL LEASE.
DURsUANT no THE REQUIE

TO THE REQUIRE.
ments OF the act "To provide for leasing the Public
q Se pAs;sS Msy SS s lad
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 N specn
Cd In the said act for the term Of ten years. At Public
Auction In the Rounda Of the State House, In the city Of
Columbus, between the hours Of ten O'Clock A. NJ and
four o'clock p NJ OF the 29th day Of May, 1861; which
said Public Works consist Of the Miami and Erie Canal
the Ohio Canal the walhondihg Canal the Hooking Ca
nall much Of the Sandy and Beaver Canal as Is owned
by the State, the MuskinRum 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 appertainng 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 Worss will be let to the perssn persons
who, In consideration Of the TOLLS nes water rents and
revenues to be derived herefrom, shall bid 10 pay the
highest annual rent therefor, to be paid in semi
lease No bid will be received unless the person per-
sons making the shall have ht deposited with the
Auditor OF state In money or in stocks OF the State Of
Ohio or OF the United States the Of twenty thousand
dollars upon thecondtions that he they Will on their
part enter into indenture OF lease OF said Public
Works Of the State 81 Ohio, thebae shall be struck
of TO him them and also give bond payable TO the
State Of Ohio in the sum Of two hundred thousand dol.
lars with Ave sufficient sureties TO the satisfac-
ton OF the Governor, Auditor and Treasurer Of State,
and rtnsssSs every two years S Sisnsr 4 ths Cover
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
dvdua by Of his their failure to do 30; and
Ia default OF said lessee lessees entering into said In.
denure Of lease, giving said bond the deposit DO made
as aforesaid shall se absolutely forfeited g and be.
bid be interested directly Indirectly essse
or assignee, or otherwise, OF the lease.
Nobid Of less than twenty thousand dollars per an
mum will be receiyed. The lease and bond must be ex-
ecuied and delivered within ave days after the let
ting and the term will date from the approval Of the
bond,
The Lessee or lessees shall receive all materials proyl
ded or for by the state and all boats, scows
tools implements, horses, mules, and other property
now belonging to and used by the State on said Public
Works at the appraised value and pay therefor as pro-
'vi1ed In said act. Z J ffL y no xI3 SPTG "a
bond and lease 10 accordance with the act will be
prepared and be ready for exsminatlon at the oce 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 40 prepared
Aforesaid. = ff3ntlf go ..si y, IA ~
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