The Owosso times. (Owosso, Mich.) 1897-1926, 1907-05-31

and vast army of the unemployed
was in evidence. How change TO
the better was brought about is wei
worth study and constant remem
brance. Prosperity came by that road
and there is the place to look for it
controlling causes
The Court House lndebte dness.
The following bill to legalize TIT
| debts incurred in the building of thu
court house and certain floating indebt
edness passed the senate last week ant
is now in the hands of the house com
mittee for consideration:
A bill to legalize and make valid
the unpaid claim of certain person:
for money borrowed of them by the
county treasurer of Shiawassee and used
in the construction Of the court house
and to pay certain floating indebtedness
of said county, and to authorize the
board of supervisors of said county to
borrow money and issue bonds therefor,
for the payment of said claims.
The People of the State of Michigan
enact:
Section /. The unpaid claims of the
following named persons for money
borrowed of them by the county treas
urer of the county of Shiawassee and
used in the construction of the court
house and to pay certain floating in
,debtedness of said county as follows
John T. McCurdy, ten thousand dollars
principal and interest thereon at four
per cent per annum from and after the
fifteenth day of October, nineteen hun
dred and five; Catherine Moxley, six
thousand, five hundred dollars principal
and interest on three thousand five
hundred dollars of said principal sum
from and after the fifth day of January,
nineteen hundred five, on two thous-
and dollars of said principal sum from
and after the fourteeth day of Novem
Der, nineteen hundred FIVE, and on the
remaining one thousand dollars of said
principal from and after the twenty
second day of November, nineteen hun
dred five, at four per cent per annum
Susan Mccarthy, one thousand dollars
principal and interest thereon from and
after the twenty-second day of Novem-
Der, nineteen Hundred and five, at four
per cent per annum; Richard F. Kay,
one THOUSAND dollars principal and in
terest thereon from and after the four
teenth day of November, nine hundred
five, at four per cent per annum; Hugh
McCurdy, thirty thousand dollars prin
cipal, and interest on ten thousand dol
lars of said principal sum from and
after the sixteenth day of May, nine
teen hundred five, on ten thousand dol
lars of said principal sum from and
after the fifth day of October, nineteen
hundred five, and on the remaining ten
thousand dollars of said principal sum
from and after the sixteenth day of No
vember nine hundred five, at four per
cent per annum; and Citizens Savings
Bank Of Owosso, twenty thousand dol
lars principal and interest on ten thous-
and dollars of said principal sum from
and after the first day of April, nipe-
teen hundred FIVE, on five thousand
dollars of said principal sum from and
after the twenty. seventh day of Sep
TENDER, nineteen hundred FIVE, and on
the remaining five thousand dollars of
said principal sum from and after the
thirtieth day of September, nineteen
hundred FIVE, at four per cent per an
mum, are hereby legalized and declared
to be valid and binding obligations
against said county Of Shiawassee, in
favor of the persons and in the re-
spective amounts above named, togeth-
or with interest on said amounts re-
spectively as above stated; Provided,
A majority of the qualified electors of
said county voting on the question of
money and issuing bonds of
the county therefore to pay said obliga-
tions, at any special election at which
said question is submitted in accordance
with the provisions of this act. shall
vote in favor thereof, and not otherwise;
and the board of supervisors of said
county is hereby authorized and EN-
powered to borrow not exceeding eighty
thousand dollars, on the faith and cred
1t of said county; and issue bonds there
for, for the purpose of paying said oh.
legations, to the persons entitled there
10; Provided, That a majority of the
qualified electors of said county voting
On such proposition at any special cleo
ion, held in accordance with the pro
vision of this act. shall vote in favor of |
such loan, and not otherwise.
Section 2. The question of borrowing
, sum of money not exceeding the sum
If eighty thousand dollars, and issuing
ponds therefor, for the purpose of pay
NO said obligations. shall be submit tied |