Letter of Charles Butler, Esq: To the Legislature of Indiana, in Relation to the Public DebtMorrison & Spann, 1845 - 107 páginas |
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Página 41
... bill . All State stocks are issued in this form , to give them value in the market , and to ensure their free circulation as money . The first bonds issued under the great Internal Improve- ment act , which was passed in January , 1836 ...
... bill . All State stocks are issued in this form , to give them value in the market , and to ensure their free circulation as money . The first bonds issued under the great Internal Improve- ment act , which was passed in January , 1836 ...
Página 59
... bills . The trustees and officers of the institution derive no emolument whatever from its operations . All its funds con- sist of deposits with the interest gained on the investment of them . The depositors amount in number to thirty ...
... bills . The trustees and officers of the institution derive no emolument whatever from its operations . All its funds con- sist of deposits with the interest gained on the investment of them . The depositors amount in number to thirty ...
Página 64
... bills paid out for the said note , when presented at the counter ? The bonds of the State are like bank bills , and pass in the same manner . Suppose the Fund Commissioners had received the money for the bonds sold , and had deposited ...
... bills paid out for the said note , when presented at the counter ? The bonds of the State are like bank bills , and pass in the same manner . Suppose the Fund Commissioners had received the money for the bonds sold , and had deposited ...
Página 65
... bill , and attentively considered the re- marks of members , could not fail to be impressed with the conviction , that one of the most serious objections to its pas- sage was to be found in the opinion entertained by members on the very ...
... bill , and attentively considered the re- marks of members , could not fail to be impressed with the conviction , that one of the most serious objections to its pas- sage was to be found in the opinion entertained by members on the very ...
Página 68
... Bill to provide for the funded debt of the State of Indiana and for the completion of the Wabash and Erie Canal through to Evansville , will be an enduring monument of the intelligence , patriotism , and integrity of that body , and the ...
... Bill to provide for the funded debt of the State of Indiana and for the completion of the Wabash and Erie Canal through to Evansville , will be an enduring monument of the intelligence , patriotism , and integrity of that body , and the ...
Otras ediciones - Ver todas
Letter of Charles Butler, Esq. to the Legislature of Indiana in Relation to ... Charles Butler Sin vista previa disponible - 2016 |
Letter of Charles Butler, Esq. to the Legislature of Indiana in Relation to ... Charles Butler Sin vista previa disponible - 2012 |
Letter of Charles Butler, Esq.: To the Legislature of Indiana in Relation to ... Charles Butler Sin vista previa disponible - 2017 |
Términos y frases comunes
1st Jan 1st January ability accruing advance aforesaid agent ALPHEUS FELCH amount annual Assembly Auditor's report back interest Banking Company bill bondholders bonds held Canal & Banking Canal and Banking canal lands Canal to Evansville cash certificates of stock CHARLES BUTLER citizens day of January day of July deem duty Erie Canal expenses faith five per cent Fund Commissioners half per cent holders honor Indiana bonds Internal Improvement issued James Farrington JOSEPH LANE justice lands and revenues Legislature loan loss memorialists ment Morris Canal obligations Ohio river outstanding paid parties payable payment of interest pledged poll poll tax portion principal and interest proposition public debt purchasers receive redemption respectfully scrip sell side cuts six per cent submitted subscribers Surplus surrendered taxables thousand dollars tion tolls and revenues Treasury Notes Wabash and Erie
Pasajes populares
Página 79 - And all such lands so granted by this section, which shall not be sold or disposed of by said company within three years after the entire road shall have been completed, shall be subject to settlement and preemption, like other lands, at a price not exceeding one dollar and twenty-five cents per acre, to be paid to said company.
Página 82 - ... shall give bond in the sum of ten thousand dollars for the faithful performance of his duties...
Página 83 - every person who shall commit the offence of larceny, by stealing in any building, shall be punished by imprisonment in the state prison not more than five years, or by fine not exceeding five hundred dollars, or imprisonment in the house of correction or county jail, not exceeding three years.
Página 85 - On the bill (S. 3) to grant certain' lands to the State of Indiana, the better to enable said State to extend and complete the Wabash and Erie canal from Terre Haute to the Ohio river...
Página 83 - ... any aperture or breach in any embankment of said canal, with intent to injure or destroy the same, shall, on conviction, be punished by imprisonment in the State Prison at hard labor, not more than five years, or by fine not exceeding five hundred dollars, and imprisonment in the county jail not more than two years...
Página 74 - ... which also goes on to provide in five distinct sub-sections, for the order of payment out of the canal fund, there is this very clear and explicit declaration: After describing the manner of conveyance, and what is to be conveyed, including the canal and all its resources, these words are added: "Subject, nevertheless, to all existing rights and equities against the State on account of the same, or any part thereof, or liabilities of the State growing out of or in relation thereto.
Página 16 - We regard the slightest breach of plighted faith, public or private, as an evidence of a want of that moral principle upon which all obligations depend: that when any State in this Union shall refuse to recognize her great seal as the sufficient evidence of her obligation she will have forfeited her station in the sisterhood of States and will no longer be worthy of their...
Página 80 - Whenever a vacancy shall occur in the board of trustees, by death, resignation or otherwise, the remaining trustees shall fill such vacancy by an election for the unexpired term.
Página 86 - Pennsylvania," as the same remains on file in this office. In testimony whereof, I have hereunto set my hand, and caused the seal of the Secretary's office to be affixed, the day and year above written.
Página 86 - An act to provide for the funded debt of the State of Indiana, and for the completion of the Wabash and Erie Canal to Evansville...