Y
L V- M
£
) V- O V
[ BILL No. 57. ]
A BILL
To provide for the payment of the Interest upon certain Bonds guaranteed by the Commonwealth.
1. Be it enacted by the general assembly, That the sum of money necessary for the payment of
2 the interest falling- due on the first day of January eighteen hundred and forty-three, upon the bonds
3 issued by the James river and Kanawha company, and guaranteed by the state, under the provi-
4 sions of the act, entitled " an act to provide an additional capital for the James river and Kanawha
5 company, and for other purposes," passed March the twenty-third, eighteen hundred and thirty-
6 nine, shall be and the same is hereby appropriated and set apart, payable out of any money in the
7 public treasury; and that the auditor of public accounts shall be and he is hereby authorized and
8 required to issue his warrant or warrants upon the treasury of this commonwealth for the same,
9 upon the certificate of the secretary of the said James river and Kanawha company, of the sum
10 due to each individual, company or corporation, entitled to interest on the bonds guaranteed under
11 the act aforesaid.
2. This act shall commence and be in force from and after the passing thereof.
January 10th, 1843—Read first, to be read second time.
SUBSTITUTE
Proposed by Mr. CRUTCH FIELD, for
No. 57. A BILL to provide for the payment of the Interest upon certain Bonds guaranteed by the
Commonwealth.
1. Be it enacted by the general assembly, That the sum of
2 for the payment of the interest due on the first day of January eighteen hundred and forty-three,
3 and arrears of interest theretofore due, upon the bonds issued by the James river and Kanawha
4 company, and guaranteed by the state, under the provisions of the act, entitled " an act to provide
5 an additional capital for the James river and Kanawha company, and for other purposes," passed
6 March the twenty-third, eighteen hundred and thirty-nine, and for the payment of the semi-annual
7 annuity to the Old James river company, due the first of January eighteen hundred and forty-three,
8 and for the payment of the interest due on the first of January eighteen hundred and forty-three
9 on the state stock loaned to said company under the act, entitled " an act authorizing a loan to the
10 James river and Kanawha company," passed March twenty-fifth, eighteen hundred and forty-two,
11 shall be and the same is hereby appropriated and set apart, payable out of any money in the pub-
12 lie treasury. And the auditor of public accounts is hereby authorized and required to issue his
13 warrant or warrants upon the treasury of this commonwealth for the same, from time to time, upon
14 the application of the president and directors of the James river and Kanawha company, to be
15 applied by said president and directors as above specified: Provided however, That the said James
16 river and Kanawha company shall repay the sum herein appropriated as soon as practicable:
17 And provided' moreover, That nothing herein contained shall be so construed as to affect or impair
18 the rights and interest of the state secured under the mortgage executed by the said James river
19 and Kanawha company, under the act, entitled " an act authorizing a loan to the James river and
20 Kanawha company," passed March twenty-fifth, eighteen hundred and forty-two, or as secured
21 under the provisions of any prior act.
2. This act shall commence and be in force from the passage thereof.