Alma record. (Alma, Mich.) 1878-1928, 1898-04-29
ALMA RECORD
SUPPLEMENT

Whereas. The United States has
reached a crisis making 1t likely that
the President may call on the state OF
Michigan for troops and for Naval
contingent; and
Whereas. 1t has become necessary for
the several states to be prepared for all
calls of a military nature made by the
general government; therefore:
The People of the State of Michigan
enact:
Section /. That the Governor and
State Treasurer be and they are hereby
authorized and directed, IN the name
ana on behalf of the People, and upon
the purpose OF ORGANIZING a Natlohal
Guard, Naval Militia and the Nolun-
teer Militia for the purpose OF repellng
invasion or defending the state ana
Nation in time of war against all enc
mics and oppoSers whatever, to pur-
chase and contract for loan or loans
for such sum or sums of money as may
be necessary for the purposes herein
specified, not exceeding one-half million
dollars In all, on the most favorable
terms that in their Judgment, can he
obtained. redeemable at the pleasure of
the State at any time not less than I'VE,
nor more than ten years from the First
day of May 1sgs. at a rate OF interest
not TO exceed four per cent per annum.
payable sem annually on the hrst days
of May and November i'm each year.
Such loans shall be known as the MiChi-
gan war loan of 1895. The proceeds of
such bonds shall be credited TO the war
fund and shall be paid out iu no other
manner and for no other purpose than
I'm this act specified. The principal. as
well as the interest accruing upon the
bonds issued under this act. shall be
payable from the war loan sinking fund
hereinafter provided for.
Section 2 For the purpose Of effecting
the loan or loans hy this act authorized.
the Governor and state Treasurer arc
hereby empowered and directed to cause
TO be issued bonds of the state OF Mich
igan from time TO time as they may
deem necessary in sums not less than
One Hundred Dollars $500 each to be
s ssDd by by the the Of 2nd sqpn5g ad
State Treasurer. with the seal OF state
affixed thereto and the coupons for In
terest thereto attached Both principal
and interest of all bonds under Five
Hundred Dollars $500 shall be payable
In the city of Detroit and for principal
dred Dollars $500 i'm the city Of New
York The bonds shall be drawn I'm
favor Of the Auditor General and when
endorsed by him become negotiable m
such manner as the Governor and State
Treasurer may deem eXpedient.
Section 3. The moneys arising from
the sale Of the bonds. by this act au-
thorized to be issued. shall be paid into
the treasury of the State 10 the credit
OF the war fund, and shall be drawn
therefrom upon the warrants Of the
able to the Quar- ermaster General. shall
be issued upon proper acquisitions Of the
Quartermaster General OF the State.
after the Governor shall have certified
that the amount stated i'm the requisi-
ton liz needed for the purposes specified
in this act. The moneys provided by
this act may be used for the purpose
Of recruiting, enlisting, organizing. arm
Ing and cquipping the military forces
herein mentioned. and for the purchase
and distribution OF all necessary mill
tary and naval stores. whether of sub
sistence, clothing, pay, medicines, field.
camp and vessel equipagc, arms, mun-
tions and equipments for such organ
iZations of the National Guard, Naval
Militia and Volunteer Militia Of this
.F 4 aVtfs Ia
ice Of this State. or Of the United States.
under the provisions of any law of this
State, or under any call from the Prcs-
dent OF the United states: Provided,
That no moneys authorized by this act
shall in any way be construed as appl-
cable for the ordinary expenses of the
Naval Militia or National Guard, as con
templated by the laws OF the state MAX
ing direct appropriations for the general
expenses Of these ORGANIZATIONS. Warrants
payable TO the Quartermaster General
may be issued by the Auditor General
upon proper acquisitions Of the Quarter
master General, certified by the Gov
ernor as hereinbefore provided, for such
amounts as they shall deem necessary
from time to time, and the expenditures
OF the money thus drawn 10y the quar-
termaster General shall he accounted
for under the provisions Of the general
accounting laws applicable 10 such
he ISSUED nv the Auditor General tIpon
proper vouchers certified by the Gov
ernor for advances made by the Quar-
leTIndSltT ArtDtIdl OF the Cldlt IOT eA-
penditures already incurred for the pur-
poses herein specified.
Section 4. All claims and accounts &C
cruing against this State for expenses
and disbursements authorized by this
act. shall be audited and allowed by the
State Military Board, in the same man
ner that other military accounts are
now audited and allowed but they shall
be kept i'm the accounts of the Quarter
master General. as a distinct fund. sepa-
rate and apart from the other accounts
kept by him.
Section 5. The bonds issued under this
registered i'm a book provided for this
purpose, which shall be kept in the Au-
ditor Generals office. This register shall
contain the date Of the bond the mum
Der, to whom issued, and the amount Of
each bond, also the date of redemption
number Of bond. OF whom received and
amount Of each bond There shall also
be kept in the Auditor Generals Office
register showing the date OF the bond
the number amount, date each coupon
is due and the cancellation Of such cou-
pons as are paid with reference 10 the
number Of the voucher paying the same
Whenever any such bonds shall be paid
the same shall he Immediately cancelled
by the Treasurer and the Auditor Gen
eral shall also keep a full record Of al
the bonds taken up and paid. as pro
vided above! And Immediately after tho
record shall have been made as afore-
said, the bonds so paid shall also b.
cancelled by writing across the face Of
each bond. which cancellation shall be-
tigned by the Auditor General and Stat
Treasurer. and such bonds thus can
celed shall be filed with the voucher
ha al ~ he nd raj