The weekly clarion. [volume] (Jackson, Miss.) 1863-1882, 1873-04-24
GENRRAL -.
OF THE
STATE OF MISSISSIPPI

OF THE

general Law. No. 10.
/ AN ACT 20 facilitate the collection d.
debts due from Railroad COmpuulas .
This state.
SECTION l. Be it enacted by the Tag..
laLure al The State Of Mississippi, Tht. rI
( Mississippi Central Railroad Company. s..
Mobile aud Ohio Railroad Corr pauv LII.
the Mississippi aud Tennessee RaUr.."
Company, or either II them, be-, and t...
are hereby authorized. empowered. ami
permitted 10 pay the principal sum of fl..-
indebtedness 40 the stare OF Mis-iszIul i.
live equal annual installmeut-, with intgr..-
at the rate OF eight per cent. per auuu..
pa, able semi annually. said interest tl f..
gin SIX months after this Act shall ~ .r.
ethct.
SIC. , 81 IL further enacted Tia. gr..
/ the execution by amy of the above nI-..
companies, 90 the proper uhIig FiHus La ~.
state OF Mississippi, with good and -uN
( emit security. 10 be approved hy tNu G.....
nor, Secretary of state and TREASURE. I'M.
Il majority of the three, the Governor. ~
reltry OF state and State Treasurer ..
have power 90 decide what may bouon-. ..-
ga coco and sufficient security w.fUI. .r
mOHths, from the date when thi- Acct ,r.
20 into effect. for the payment of llr ur..
cipll sum OF It's own said indebtedness. t
provided iu the foregoing section .Us ..
.rrc-r arcruiug upun said prIua.a. r-..
.p o.. tttc when Go, interest shall H.r.
Us aH.v, provided, ~uiul hr rum.tei q. ..
Company or Companies tNauH..u. e..
-Hulu Prov .lrd. however: THAT . e..
rvrHr either of .ail Railroad D.u.
shall fil ro pay the principal 30.
tebt.GurS~. and the iurere-r thereon BE .-..
NiGcL Tor iu this Act, then tlu ..t....
heretofore duc aud proposed th H. u.u#.
hK this Act eos said conditions -Ia.. .. ...
/ 4uI payable to thr State Che Same #- ID ..
re ir. hal been extended % such O.m...
-a T. rg 10 carry out in good n.
provisions herein contained.
sac 3. BE it further enacted. THAT bill.
obligations shall be paid "a they several.
mature ina warrants issued by tUH Ar#.-
T ct Public Accounts on the Treasury aa.
/ ing date subsequent 20 january l-f .r
oT iu the certificates of indebtedness ~. ..
state issued under an Act entitled 800
ro provide for the Issuance ut Certificate.
of Indebtedness by the State, auU ur.rH...
purposes, approved June l5Ih, $780, .. Vi.
national currency, 40 the option olGH u...
er.
SFc.4. Be it further enacted, InH .
Governor OF this Stale hc aud Doe Is u.r....
empowered, authorized and directed .l a..
or either 81 thc same.
above provided and required, upon re...
ut amy payment from either DIT said Con-.
pauir~ by virtue of this Act tO immraIs..
pay the same Identical fund into The -..
Treasury AS other moneys: that HuF ..
bat may now De pending against mg
the before mentioned Railroad C0mr..
-hal he held iu allegiance Hul suits sHaH M
continued ON the Docket and tue Ns...
OF any judgmenl, proceeding Ur Iu..
now had shall remain uuimpAlrrd uHa
full compliance with the prov i,ioUs OF uI
Act and the final payment ot abb iude0g0.
tse-- OF each OF said Railroad CompAHiss
the State.
SEC. .. BE DC further enacted, That 8.
Net shall take effect from and after its p.
sage.
Approved April ~, 1873.