Laws of the State of Illinois Passed By the Ninth General Assembly, At Their First Session Commencing December 1, 1834, And Ending February 13, 1835
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discretionary with the said county commissioners to bor- row the said sum of money or not, as they may see proper.
Sec. 3. The said sum of money so authorized to be loan- To be a loan ed to the said county of Cook, shall be considered a loan to foi* ten years, the said county for the term of ten years, but reimbursable at the pleasure of the county commissioners of said county.
Sec. 4. It shall be the duty of the county commissioners Interest how of said county of Cook, in the event the said lo...an shall be P^^- made, to provide sufficient revenues, by a tax or other- wise, to pay the interest on the same as it shall become due and payable: Provided^ however^ That the corporate Proviso, authorities of the town of Chicago shall, and they are here- by required to pay, one-fourth of the interest of said loan, as the same shall become due and payable, out of the Trea- sury of said corporation.
Sec. 5. The commissioner of school lands for the said May loan mo- county of Cook, is hereby authorized to loan the school ^^y ^^ mortga- funds of said county, by taking a mortgage upon unincum- personi^sect- bered real estate, in double the value of the sum so loaned; rity.
What to read after Laws of the State of Illinois Passed By the Ninth General Assembly, At Their First Session Commencing December 1, 1834, And Ending February 13, 1835?
You can find similar books in the "Read Also" column, or choose other free books by Illinois. General Assembly (11th, 1st Sess. : 1938-1939) to read onlineMoreLess
To quickly assess the difficulty of the text, read a short excerpt:
discretionary with the said county commissioners to bor- row the said sum of money or not, as they may see proper.
Sec. 3. The said sum of money so authorized to be loan- To be a loan ed to the said county of Cook, shall be considered a loan to foi* ten years, the said county for the term of ten years, but reimbursable at the pleasure of the county commissioners of said county.
Sec. 4. It shall be the duty of the county commissioners Interest how of said county of Cook, in the event the said lo...an shall be P^^- made, to provide sufficient revenues, by a tax or other- wise, to pay the interest on the same as it shall become due and payable: Provided^ however^ That the corporate Proviso, authorities of the town of Chicago shall, and they are here- by required to pay, one-fourth of the interest of said loan, as the same shall become due and payable, out of the Trea- sury of said corporation.
Sec. 5. The commissioner of school lands for the said May loan mo- county of Cook, is hereby authorized to loan the school ^^y ^^ mortga- funds of said county, by taking a mortgage upon unincum- personi^sect- bered real estate, in double the value of the sum so loaned; rity.
What to read after Laws of the State of Illinois Passed By the Ninth General Assembly, At Their First Session Commencing December 1, 1834, And Ending February 13, 1835?
You can find similar books in the "Read Also" column, or choose other free books by Illinois. General Assembly (11th, 1st Sess. : 1938-1939) to read onlineMoreLess
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