New-York daily tribune. [volume] (New-York [N.Y.]) 1842-1866, 1865-02-14

awfu and OF binding far as they are not inooh'
sistent Win the provS>us OF this act -.
ohc: 10 provide u me ans OF PAYING u"e SUI ~.
bounies under the proysns OF this act. deo OF ts
State hereby authorized Niah debt snail be for the
single object of raising the m>y TO pay the Dountie'
herein named.
SEC g. The debt hereby createA shall not exceed the
sum Of thirty millions OF dollars am there shall b. I'm
posed levied and assessed. upon tn taxable property
of this state direct annual tax 70 pay the interest on
the said debt as such interest fall due. which said
dir,ct annual tax stall be kuffci 10 pay such
interest as il falls due. And there hall also be In
posed levied end assessed, upon the aYabe properiy
Of this State direct annual tax 20 v. and sufficient
pay in the space OF eighteen years ION the time OF
the pas of this act the whole of t debt created
under and by the prov Of this act O. the debt 10
be created under and By virtue Of the prov OF this
act the principal Of Onethrd part Thereof sha be paid
in six years from the passage of this act the principal
of one bird part thereof snail he paid IN Ewdvc years
from the passage III this set and the principe Of one
third par thereof in eighteen years from the Issae
of this act
SEC TO- TO obt,lu the money necessary for the par
poses contemplated by TIN act, the Comptroller Is au
thcIged to the bones Of the state ~ slch sums
each shall seem meet 10 him. win coupons thercio
attached for The pay OF the interest Oh sucl D"hus
hai-yoariy on tie first days OF July and Jannnry IN
each year until tito principal Is payable. u; such place
in tho City Of Ncw.York a. sha!l seem meet 10 hu
OuehId par Of such bonds shall be payable IN FIX years
from tle passage of Ibis act; onethird rat o. such
bonds shall he ~ yGbe twelve years from the dssy
OF this act Onerd p'rt Of such bonds shan DE- pay
able eighteen the passage q, thls fcls
the whole principal shall he payable III such pice III
New. YORK CIV ~ tie Comptroller shall deem meet
The Comptroller shall before disposing If said bonds,
Or NJ OF thom advertise for prop ioT thrsae ho
shall open the proposals and award the sane 10 Inc
ighes. bidder az a not less than par which ndver-
sng ana disposition fhGl be according TO the pro-
.sons Of Law now existing.
SIC H. This act shall he submitted N the reope nj
he next general election he held in this state The
Inspectors Of election in the diff rent election districts
n his state sl,l provide at each pol. on SID election
lay hox in the usual form. for Tie reception 81 The
,sols herein provided; and each and evcrv eector Of
bis Stale may present ballot wMeb shah
,c paper ticket. which shall be printed or writ.
en- or party written aud party, printed. one OF
II nc debt 10 pay bourti,s, or "hglrs the act !"
reate State CeUt 10 pay bouniies The said bai.3'
mail be no folded Al 10 conceal the conienisO OF IN"
,Goi. and shall be inGorsed Act in relation to boui-
ies."
SEC 70. After finally closing the polls Of such election,
he inspectors thereof sled Immediately ava without
duUrMcT,, proceed 10 CONT ard canvass the ballots
~ in rela the proposed act IN tie same man
eT as they 10y Law required TO canvass Tie ballots
a'en for Governor, ard tie,euron shan s't down u
Writing. aud in words u. full length the Whole number
yOtcs given For the act 10 create state debt, anu
he whclo number OF votes given Against the act {"
rcnie State deb," and certify aud subscribe The
ame and the copies thereof 10 be made. elthcd
md delivered ms prescribed ty law IN respect 70 the
anyaSs Of votes given az m election for Governor
Id all The provisions of law in relation To elections
,tAer thnD Ter military ard town ohocrs. shan apply
o the submit sion t. de people herein pro, idcd foI.
SEC I3 The sec etary Of State shall with ali conve
lict dispatch afeI tins act shall receive tie approval
4 the COY eTnOr cause The same To. be struck uh ano
printed upOn slip in such numbers fhall be sufficient
supply ihe different officers d this State concerned ~
lOtif ng or in holding elections, or in canyGsslBs The
Otes ana shall transmit the same ~ such Officers.
SEC "a. Sections one two three. four hye SIX sev-
IN eleven twelve. thirteen ard fourteen OF this Get
hall take effect Immediately upon IFS passage but the
Eighth niIth aud tenth sections q orcof shall not be-
,oe law until it is ratified by the people in pursuance
u tue Constitution and the provisions u ereGf.
STATE Of NV. YORK.
OFFICR OF TIE STCLrTAEY OF STATE. !
have compared tbe preceding with the original law.
N file this Office, and do hereby certify that the
q correct transcript tLererom and OF the whole oe
aid original law.
Given under ny hand and sesl Of Office NJ the City Of
Albany this eleventh day Of February. in the year
hOusand eight hundred and xix y.iye.
IL. 8 CEAIEClY NJ. DErEw, Secretary OF State.