Memphis daily appeal. [volume] (Memphis, Tenn.) 1847-1886, 1882-05-26

state shah not receive or account for any portion
OF q bond or coupon in excess Of The bond de-
manded, and If the amount Of the bond or cou-
pons presented TO be funded be less by g frac-
| tiOual part OF coupon the party applying My
| paw the same in currency.
| Sec. 5 Be u further eHqetesi. That o. soon as
practicable after the passage OF this act there AilI
be prepared, under the direction OF the governor
and said state officers Aforesaid, sufhclent luIn
] Der of vel engraved bonds b take up ana luna
I all the said unpaid bonds and coupons OF the
! pared the Signature Of the treasurer and comp
| troller shall be engraved, and the said coupons
| shall be numbered with the number 81 the bond
/ TO which they ar attached, and shall show on
| theiriace when they fall due and the amount OF
interest due on each. The cost Of engraving and
| preparing said bonds and coupons shall be paid
| out OF the treasury on The warrant of the comp
troIler based u0n The ate OF the governor;
the same shall be paid out Of any money in the
treasury not otherwise appropriated. said State
officers shall utilize all plates and material as far
as practicable now owned BY the State.
Sec G. Be il further enacted That said State Of
fieers are authorized 20 demand and receive as
compensation Tor their services in carrying out
the provisions OF this act the sum of 81 for each
bond TO be paid BY those receiving the compro-
mise bonds rs provided by this act.
Sec. = Be Il further enacted, That the secretary of
state, comptroller aud treasurer shall carry out the
constitute a quorum 70 transact all the business
imposed upon them by this act, and may fund the
they may deem wise and proper to enable holders
Of Tennessee bonds and coupons to fund them
s $ s Bg & j-G e q tiS That the bonds au
thorized TO be issued by this act shall be subssn
OF the State Of Iennessee-kuow all men by these
presents. That the State of Tennessee hereby
promises 10 pay to the bearer the first day Of
January, A d. 1872 at the treasurers Office at the
capitol OF Tennessee in the city OF Nashville,
Tenn, the sum Of - dollars in the lawful money
Of the United States Of America, with interest at
the nate OF three per cent. per annun1, on the first
days OF July and January in each and every year
up 70 and including the first day of January. 1884
four per cent. per annum, payable seni-annually
On the hrst days of July and January of each and
very year up 70 and including the first day Of jan
uary, 1856. nYc per cent per annum, payable semi
annually on the FIRST days of July and January of
each and every year mp to and including the first
day OF January lSs5; six per cent thereafter until
the maturity Of the bonds. evidenced by the |
coupons hereto attached. But this bond NAV be |
redeemed by the state at any time after the first
sr9e nter For II b r lg sn9 Of inc
principal and interest the faith honor and credit
of the state are sOlemnly pledged. This bond and
coupons are issued IN pursuance oil and under the
act of the General Assembly of the State of Ten
the bonded Indebtedness of the State OF Tennessee
approved the - day Of -, 1852 In witness |
nessee, have hereunfo signed my name oficiaiiy,
and caused the to be countersigned by the |
to be affixed. Done at the executive department
OF the State in the city Of Nashville, this the Ist
Sec. 9. Be II further enacted, That the funding |
under this act shall cease and after the LIST day
Sec 10 BE further enacted, That said State Off
GERS shall make their report to the next General
visions of this act and shall state in such report
the number and amounts and dates of bonds and |
Of bonds and coupons Issued in compromise of /
said cancelled bonds and coupons and shall pre-
serve all said cancelled bonds and coupons for in
spectiOn by the General Assembly. and no interest
shall be paid any bond not so itemzed and re-
ported. This act shall take effect from and after
It's passage, the public welfare requiringit.
Passed May 10, 1852.
GEORGE H. MORGAN,
Speaker of the Senate.
II. B. RAMSEY,
Speaker OF the House OF Representatives.
Approved Mayo, 1852
ALVIN HAWKINS Governor.
I, ID. A. Num-, secretary of state of Tennessee do
GRITTY that the above is a true copy of act of
he General Assembly of the State of Tennessee
passed at the second extraordinary session of 1882
ID. A. MUM, Secretary of State