Section 1. Be it Enacted by the People of the state of Illinois Represented in the General Assembly, That in contracting for Loans and for the reception of money under the provisions
of the act entitled “An act to provide for a Loan for Canal purposes,” passed during
the present Session of the General Assembly, It shall be lawful to provide for receiving the money in sums over One Hundred Thousand
Dollars; if by doing so, money can be obtained upon better terms, and the money borrowed
under the provisions of the act aforesaid, shall be deposited in some safe Bank or
Banks in the United States, at the best rate of Interest that can be obtained for
the same, subject to be withdrawn as it may be required for use on the Canal
Section 2. The Canal Commissioners shall pay all Interest hereafter accrueing upon money borrowed for Canal purposes, under the direction of the Governor, out
of the Canal fund,
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66
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An act supplemental to the act entitled “An act to provide for a Loan for canal purposes”
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[02]/[05]/[1839]
[02]/[05]/[1839]
2
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[02]/[26]/[1839]
[02]/[26]/[1839]
3
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[03]/[01]/[1839]
[03]/[01]/[1839]
Enrolled
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[03]/[01]/[1839]
[03]/[01]/[1839]
to be Enrolled as amended
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[02]/[26]/[1839]
[02]/[26]/[1839]
passed
Handwritten Document, 2 page(s), Folder 450, SB 146, GA Session 11-1, Illinois State Archives [Springfield, IL] ,