The Lansing state Republican. [volume] (Lansing, Mich.) 1855-1874, 1865-07-12

SE,71oN J. The People or he STATE ofl
Nirbfga,. enact. That il shall and may lie 4
lawful for any of the several townships, /
cities and INCORPORATED villages within said /
counties. to pledge the credit of amy such |
municIpality. 10 issue bonds or other secu-
rifles. 10 levy taxes and 10 borrow money
10 aid ANY railroad company organized ui
+ 10 he organized under AIM law az this Stale.
/ in The construction al a railroad from Ridge
4 way. ou The Grand Trunf Railway, by way
Oi the cily OF Lansing, Ia the village al -
Joseph ani from thence 10 The Indiana
State lue. Tor any SUM not exceeding Ten
Der crutum oi The assessed valuation oi Tie
property ~ any such municipality, al Any
special meeliu. called Ton ,hat purpose. -
hereinafter directed
See . Il shall Doe the duty OF the clerk
of any OF said munich iitles to call
.neetin. Oi The TAXABLE property holding
electors thereof cu Tie written or printed
request oi fifteen trrt.Ao3erS oi bis munic-
ipalltA which request shall specify TIE
amount 90 be raised and the mode oi rails
my il. the rate al Interest which shall uot
exceed seven per cent per auaum. the
time of payment and such other matters As
may be deemed Tor the interest and srenr-
IA OF the municipality. aud ia posting mo-
4 ices according 10 law. be shall also. with
. each notice post the request upon which
the meeting IS called. The questions sab
nitfei % The electors shall be those contain
,j in the call for tue meeting, and those
who vote ia the affirmative shall vote "a bal
. lot on which : written on printed, ana Tor
- railroad yes and those Who vote ln The
, ne-atiVc shall vote - ballot on which Is
+ written cor printed. aid for railroad No.
- The meeting shall Dee conducted in thc same
4. n4nner ~ annual meetings are conducted.
. and the result shall De certified hy the board
4. of inspectors aui flei n the office ot the
10 clerk
q see . Ifu shall he determined al such
meeting lo aii 30 the construction oi SAM
q. road ID shall Oe the duty al tine superN i-'i
and clerk. hy the direction oi The ID" o.
ship board aud president AND CLERK oi tne
4. corporatei villages, bs direction oi lh'
4 trustees. rs the c.lse may Dc. or the may ol
- and clerk Of am citN. bs the direction o
IS tAe common council. 10 loan money, 10 eA
d ecuie bonds or other aurclies. TO require
Is suretiea FROM the railroad company. AMI l,
e do all 0thsr acts necessary tp comply "l'i
= such determination ami all moneys o
% suretles accruiu. tu said township, city '
corpOrilted village. under this act. shall i'
j. deposited with the treasurer thereof. Au'
re- held by him until delivered zap upon prnlt
r authority. or 90 his successor ln Once
D. Frorol,L That the amount "l bonds Mhi'l
"a shall f.i due ina any oue Arag. shall NOT eA
r. cccl TWO per centum ni the assessed iluA
Of lion or such municipality al the lime oi j.
80 suing the same.
al SEC l. The township board ol amy sue
le township authorized b., this act aud Oh
pra,n.r officers ui Lus -u,h sitr .-s ''-s-~t
o. raied village. shall have loNrf. "ni IL Nu..
l, he ihcll dat, 10 r..i-e by tax CT other" iS'
o. SUCH ~uin .vr -.uis oi MONEY rs shan Tee 7h
o. nceut. from time 10 time. g." pay Tine pIin,
80 pal and interest 81 s.Al bonds ur ether "hl
ll cations. a. often - they become DUE ff
- ~.k.f. That NO bond, or other e'ld'n''-
Do, icht. or money arising from tile sale "i li
u. same he delivered cor paid over io SAID r1i
OF roAl company. until The said road shall II
to finished IN good running order. AND III
u.s. ears and rolling stock ON the sand f'al
~ actual running condition through The TONI
IS ship. city or incorporated village rendeIln
hc such aid. cor through townships, cities
.re incorporated Villages Opposite 10, ANA a.
he tcrmiuOn- with Tie municipality q" nlainS
e. the construction thereof
eV Approved March H. lsG5.