East Saginaw courier. (East Saginaw, Mich.) 1859-18??, 1865-02-15

me County " odSuidu 10 Lou" <ho"ey "'
Aid thereof
SECTION l. The People Qfhe STATE Of Mich
igan enact, That the County Of Saginaw Is hcre-
by authorized and empowered TO borrow sum
Of money not exceeding one hundred thousand
dollars ON the faith and credit Of said county,
and 10 issue its bonds therefore, pay able nc time
not exceeding twenty years frvm the date there
Of, and AT rate Of interest not exceeding ten
per cent. per annuln which money shall be ex-
pended as hereinafter provided, In deepening the
channel of the Saginaw River; Prorided, That
the question Of making said loan, shall DO sub
mitted TO a vote Of the electors Of said county,
as hereinafter provided aud no loan shall BIO
made under the provisions Of this act, unless
majority of the votes given shall be in favor
thereof
SIC. @ 1t shall be the duty of the Secretary
Of State to transmit copy Of this act, within
twenty days after the passage thereof, to the
sheriff of Saginaw county, who shall thereupon
cause notice to be given that the question OF bor-
rowing tho sum Of one hundred thousand dollars,
upon the bonds Of said county payable rs herein
after provided, 10 aid in the improvement Of Sag
NAV River, will be submitted to the electors Of
the county in the several townships and cities
thereof, ON the tenth day Of March next, at the
several places designated for holding the township
and ward elections, by causing written or printed
notices thereof to be posted in three public places
In each township and ward in said county, ut
least ten days previous TO the time fixed for said
vote, and by causing copy Of such notice to be
published in the several newspapers printed In
said county for at least two weeks previous to the
time fixed for such vote and when such notice
shall have been given, he shall thereupon deliver
said copy Of this act with his certificate annexed
thereto, showing tho time and manner, OF giving
such notice. To The county clerk OF said county
who shall file the same in hiuDfice. and said GER
tifcate, or certified copy thereof, shall be prima
.facie evidence OF the facts therein contained.
SEC. 3. At the time specified in such notices,
vote of the electors Of said county shall be taken
in each Of the townships and wards thereof; the
inspectors receiving the votes shall be the Same
rs shall be required at the ANIMAL township meet
ings and charter elections and the votes shall be
canvassed and the result thereof certified by the
inspectors in the same manner us at such meet
ings and elections, and such certified statement
- the result shall be forthwith transmitted To the
County Clerk Of said county. On Tuesday,in the
week next iollowir. the day on which such vote
county shall meet at the county seat of said
county, and proceed to examine the said originui
certified statements Of votes given and shall as
certain therefrom and declare the result Of said
vote; which determination shall be entered upon
the record of their proceedings, and II majority
Of the votes so given shall be in favor Of said
loan, they shall have power at the same meeting
aud before their final adjournment, or at any
lawful meeting of said board, TO appoint three
commissioners, whose powers and duties here
matter prescribed, and 10 authorize their chair
man and clerk TO issue the bonds Of the county in
such sums ms shall from time 10 time be required,
not exceeding in all the sum Of one hundred
thousand dollars, in such denominations and pay
able nj time not exceeding twenty years from
the date thereof, and at such place as shall be
fixed by said board
SEC. 4. The commissioners appointed by said
board shall be residents oil Saginaw county, aud
shall hold their Office for year. and until their
successors shall be appointed and qualified. They
shall have power 10 receive the bonds issued
hercinhcfore provided, and to negotiate the same
at not less than their par value, and II shall he
their duty to expend the money received by them
thercupon in deepening and widening the chan
mel Of the Saginaw river and improving the nav
igation thereof provided that said commissioners
shall have power, in their discretion, TO expcnd
the sum Of not less than five nor more than ten
thousand dollars in the improvement Of the nav
igaionO of the navigable streams tributary there
to; ana they, OF najOri,y &C ,i'em, slIuli have
power 10 cause surveys and plans of said channel
aud ESTIMATES Of labor aud material 10 be made,
and to appoint a superintendent TO carry ON the
work determined by them to be done-.-tD let coL-
tracts for such work, and to purchase such mate
rial, boats, drcdges, scows, tools and implements
rs may be necessary for the perform ance of such
navigable channel In said river Before entering
upon the duties OF his sad ofiicc each commits
sioner shall execute n bend TO the county Of Sag
NAV in the penal sum Of City thousand dollars,
conditioned fot the faithful discharge Of his duties
rs such commissioner, and that he will render
Just and true account Of all money or bonds which
shall como into his hands rs commissioner, when.
ever required by the board Of supervisors Of said
county, and that he will deliver TO his successor
in said Office, or any other person, authorized by
said board TO receive the same, all moneys books,
papers or other things, belonging or nppertain-
ing 10 said Office, OF In his hands such commits
sioner with three or more sufficient surctics, TO
be approved by the board Of supervisors or circuit
Judge OF said county, and filod with the clerk Of
said county, Whenever the condition Of any
such bond shall be forfeited, to the knowledge OF
the board Of supervisors Of said county, they
shall cause the same 10 be put in suit, and all
moneys received In such action shall be paid into
tho treasury of said county, and applied TO the
purpose Of improving the navigation Of said river
MS aforesaid
Sac. g. Whenever a vacancy shall from any
cause occur in the Office of said commissioners
the board OF supervisors shall have power to fill
the same by appointment, and to remov, any of
said commissioners for cnnse 10 be entered on
their records and IL shall be the duty of the said
commissioners 10 make full report Of their
doings, including q statement Of the bonds nego-
tiated, the money received thereon, the amount
Of labor done, contracts let, and money expended,
TO the board Of supervisors of said county at
their annual meeting in each year-and they
shall also keep full and correct account Of all
moneys received and disbursed by them from
time to time, which shall be ut all times open to
the inspection Of the board Of supervisors or any
committee thereof or any persoh appointed by
said board for that purpose.
SEC. 8. The said commissioners shall receive
nm for hair nj thn g..
dollars per dny zach for the time during which
they-a actually employed, besides all the en-
penses actually and necessarily incurred by them
in the discharge of thor duties, which shall be
audited and allowed by the board Of supervisors
of said county, and VIXEN so allowed shall be paid
from the moneys arising from the negotiation Of
said bonds.
srca7s 1t shall be the duty Of The board Of
supervisors TO provide for the payment of the in
terest accruing on said bonds MS the same shall
become due, by taxation IN the same manner that
the ordinary expenses Of the county are provided
for, Az any time after the expiratiou Of ten
years from the passage OF this act, il shall be
lawful for the board OF supervisors Of said county
to provide n sinking fund for the Gradual cx-
tinguishment of said debt And it shall be tho
duty Of said board TO provide for the payment Of
said bonds'at the maturity thereof, by tax upon
tho taxable property Of the several townships and
cities Of said county, and the board shall have
power, nj the time Of ordering the assessment Of
said tax, TO determine the relative proportion
which each township and city in said county shall
contribute in paying the principal sum in said
bonds mentioned, as may be Just and equitable
and tho amounts SO apportioned shall he assessed
and collected by the several townships and cities,
and paid into the treasury Of said county.
SIC. g. This net shall take immediate effect
Il o. GR0SVENER,
President Of the Senate.
GILBERT Il. REED,
Speaker Of the House Of Representatives.
Approved January 70, 1865.
HENRY II CRAPO.
STATE OF MICHIGAN,
OFFICE or rHE SECRETARY OF STATE,
j, James b. Porter, Secretary Of State Of the
State Of Michigan, do hereby certify, that have
compared the annexed copy Of Act No. 4 of-the
Laws CT 1865. with the original ON file In this
ofhce, and that II Is correct transcript there
from, and OF the whole Of such original.
In testimony whereof I have hercunto sct INV