The Kenosha telegraph. [volume] (Kenosha, Wis.) 1860-1888, 1865-04-20
THURSDAY, APRIL 20, 1865.
LAWS or WISCONSIN OFFICIAL.
Published April 4, 1865. ]
CHAPTEfEs 3S2.

~ ZEE n Il kS S9S'
u AN ACT to facilitate the conversion ofthe
state currency and to provide foi taxing up eerr
s ain state bonds 1907 .sa-fl-t ha5.r er
The people Of the state of Wisc1n u represented
a in senate aud assembly, do enact a. ioows:
4 Section |. Payment of the purchase money Ii
Srequred TO be made Immediately on all certi6-
Icstes of sale Of sehooi,swamp and "t!aT state
lands hereto fore issued, in all cases where Re
tan one year has ELAPSED since such purchase
smaney became due according 10 he terms ot
( such oertitica ties; and in all Other cases. sucE
payment shall be required so soen as one year
5shali eiapsetatter the purchase money rball have
ebecone due, Payment is also required to be
made lmme lately upon ali loan and purchase
slnoney mortgages executed t. the state in ali
I cases where such mort cages have been due ac
acordlng o their terms for more than one year ;
aud 10 all oiher cases payment vi sue.i mort ga
s4es sha ! be required one year after the same
'unli pave become due according to their terms
Il lheeommisi1ners of school and university lands
agre hereby aHiA0fized TO forfeit all lands on
! which.tiie payment shall not be made according
4 10 The foregoing requirements except lands be-
spngli,g 20 persons III the military or naval SER
vice OF the United States minor heirs wdows
# persons who have died in the military or ia
val service Of the United States sballnotbe for
eited nhder the prOvislene of this ACT, for three
wears tf2ni he date of the passage thereof: pro.
Usdea that the commissioners shall not declare
sauy such lands forfeited until after The expjra-
ition OF six months from the publication vi this
fact s-sl lH.l -y.-i.s eGStL uat
Seo2 The state treasurer is hers by author.
zed to fpceive any sums of money that may he
spald 10 hlm in bills of the hHn94 of this state,
swnieh were in circulatior on the ninth oi Ms CHI
4. -. 1863 and 20 give receipts .or such sums,
! which receipts shalt eDtitle the holders thereof
go receive such sm0uDt, with interest At seven
s2er cent per aunun. Such receipts shall als.'
sie received a the ful amount thereof including
1 Interest IN payment of all State taSesi for tie
ear 1863 and subsequent years: rprOeaded thal
ssaeh interest shall, not be allowed beynnn the
sflTty-tTAI daY qf December neXC nor shall such
sffceip's he issued IA amount exceeding III
ssA five hundred thousand dullurs The state
reasurer shall On asd after the first day of Feb,i
.usry.A ID 1856 pay to the hnlders of such rel
soeip $, pTesentat IL the amour thereof. inc u
.Altg An eert a. o; 70 land Sutfic mt -llm Of
sinoney Tor thar purpose IS here6y app upeiH OF
Sue 8. The state treasurer m ty.as ANY sld
iine, IN sdl7creiOu, when sUaii IA y 10 RS
;dsem sheir circu ating notes Oh pre- ca alton ;,
Nske MEALS TO procure Ia exchange tor he same, !
7i he bonds OF this stae deposlted i'm he hank
reconstruction a. security f.r,.nch bills Fnr tAa,:
purpose. he may, in his disc efIou. procurej
.tJ"ai nauk "tioh fails 10 feiaepl lie bills AM
ssigftment of all the bonds of lie staie ownedl
10 -nc bank, aud on deposit for the eecurityi
its Ills and re shalt Withdraw and canrel
IA; nis 50 assigned, and ne stall re}urd 81 ihe1
i.aiiN comptroller for cancellation the bills oil
sslen hank, from time to time as he snail deemi
.eSpe1ieut so To return them Sach assignment
ssisa:i iranster to : stsIe tue entire ri4ht and
title 20 sach Bonds, and he ihsegest accrued
90 IL Hccfue thereon, together Vlib the inter !,
.est "a sleh banks IN sach o their circulatiud
4 IiaiSs as may Hot be returned for redemutioa ul
reconsideration Of which assignment. if accented
BY the treasurer, the srsse will assume theuItil
nate redAmUt ion nt the 0utstanalng elrculatinnl
'ote. 81 said banks Ii ANY such bank shall
snegiect or refuse 20 execute such ASSIGNMENT t0
stie state, the state iTeasnrer may procure the
oils of Zach a4rk 70 be protested and may
Lake JaeJ nu.e: ssee ut3aidad by isy 10 G4nst1
,tie seea f0siee eapY-ticd ~ such bank 80 be
lsosd for the cedenp ilQ, vt ueh bilis and Gal
3copgpsl the payment az aus deficiency upon
acD le;enpunII; prO1s9ed, rha' the state treas
surec sh}tit eX+ca Z die tdr oisiiun re1Osed iu
ala, by tire set. as mi Nitpbat d5Ve.iring sac
lis hs a ece>sary {" dc ray current expenses.
moot eff@ttu4ily tend - ma N sia the credit III
sth2 rtife ana The Ta!ne Il ne bills issued cy
;ne -ssid iuk'. EWGSse he STA be ab.e a. sell
lazy ui tns bonds Which he m5y aoqure, ct
ilne par yhtue, with the accrued intsreri, ii aay
she Is hereby aothprizet,- ia hs d;ecTeiiQu, ~
suihke such sale
Sec i The bids % all banks of hi. state,
Keep sunh A4hwsre in prQce- of iiqudati0H
"a the nin.b day OF March A. d lsG5,' shall oe
received uy Inc state Treasurer in payment Of
gan dues 10 the state
Sec. 5, Il shall be tne duty OF the bant
comptroller, tar as may be in his power, I'll
Itu III cdtTJiuk out thS. pEoNiSIonfJIn I9H ACT
ceertiing to the spiritsu purpose thsreof
Sec g.. 1t shall be the duty Of me ptate
h. ensni er to collect the amounts CIV jng 10 the
i9fa'e from banks upon the purchase money ii
lie bands of the state; and he may make II
easonabie and Prnper discount upon any such
Etmouni ia consideration OF prompt paymen,
10 any ease where il shall plainly appear 10 De
u the best interest OF the State n accept in
payment OF the amount owing from anV
!bank. Il less sum than az above provided il
1 snail be lawful for the state treasurer, with the
4 advice and consent OF the bank compirolles
aud TOE attorney general. to make compromise
sDr settlement OF such claim o, the state on the
soest alalnable terms. ..t# ...5t Hs f f..4..|
SEC. 7. thl7 act snail take effect from and
safter liz passage and publication
ADnrnYed A nrii 8 1868