East Saginaw courier. (East Saginaw, Mich.) 1859-18??, 1866-02-14

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Making total amount paid ........ s25, ,i9i, l6
| The amount due and unpaid 10 Fox h
Howard being amount retained for
faithful performance Of contract, Is S6,329, 90
Tho channel through the several bars has been
marked by clumps of piles well driven and
chained together; and the dredging work, so far
ns il has been accepted by the Commissioners,
has been personally examined by them, they hov.
| ing carefully and thoroughly sounded the depth
of water and treasured the width Of the excnvR-
| tion through each Of the bars. No part of the
.'v"s o"o''' s''''''e' ."~i - en;shed until fhe
done in accordance with surveys and contract :
IL was near the LIST Of October of the past season.
before the dredging could he commenced the
time Tor doing the work will be longer the COM
ing season, and ID win begin as soon ns the wentb-
or will allow. The whole, including the improve
ments ON the tributaries, and MT the mouth Of the
river, should be done by neIt fall 50 rs TO make
the improvements available NJ soon ms possible;
the appropriations Of tho fund 10 the several i'm
| provements to he made were after duly calculat-
ing the importance and the amount 10 be expcnd-
ed, stated by the Commissioners in their former
report They were as follows;
Amounts to pay Fox Howaris account
S5O,OO0 for improvement 10 the tributaries TO
the Saginaw River, ns per resolution Of the board
slO,OOO; for dredging small bars above and be-
Crow Island and East Saginaw fifly feet, and
improving that at salina, $4,000; old and for
part cost for improving the channel nt the mouth
OF the river from ten thousand 10 fifteen thousand
dollars. The undersigned would earnestly rec
ommend these appropriations o. the consideration
of your honorable body, and believing that the
improvements lsuggested will be Of greet value
to the county increasing lis business and adding
to its prosperity and wealth; they respectfully ask
that some suitable action be taken in reference TO
them. AS TO the means OF meeting The pay
ments coming due the contract and for tho
prosecution Of the work recommended to be done.
they would state. as on former occasions that il
has been impossible TO negotiate the londs except
in small sums from time 10 time and by keeping
them constantly on the market, and that 10 the
dlticnlties then stated must now be added that
OF the general md growing impression that the
country IL rapidly approaching financial crisis
that capitalists are becoming moro cautious about
their investments and more disposed to limit
them to short loans or securities In view of
these facts tho undersigned feel il necessary that
all should be done that may be under the law 20
make our bonds desirable for purchasers, and that
MS soon rs possible They would therefore request
your honorable body TO instruct your Chairman
and Clerk to issue the remainder bonds cpn-
templated by law, such portion of them rs may
be deemed expedient, 10 the end that they may
be negotiated MS oprortunity offers, and the
improvements and also that the interest on ali
the bonds be made payable semi-annually.
With regard TO tho monthly reports requested
by resolution Of the board in March, the under
signed respectfully state that for the month Of
October they had nothing to report, save merely
the quantity Of earth removed and the money
paid for the same as there was TO lie session
OF the Board 70 soon after the let Of December.
they fully expected to have their report made out
and ready nt that time, thus presenting the whole
matter in a connected and more inteligbe form
than u could have been made from meagre and
partial reports monthly.
They havo been at all times ready and willing
to exhibit and explain their accounts and doings.
and since the action taken at the October session
they have been anxious for and invited nm exan-
instion into them. All Of which u respectfully
submitted. &c fotI'
ti4t.s D. RI YORK,
VIM. = BRIGGS
B. I. RURNHAM
:. 49,, Commissioners.
Report accepted and referred 10 Special CON-
mittce on Dredging.
Mr.. w. s briggs, one Of the Dredging Com
mivsicnsrs, prevented his individual report