A Bill for an act to provide for paying the Internal Improvement debt

Sec[Section] 1, Be it enacted by the people of the State of Illinois Represented in the General assembly

That the Fund Commissioner is hereby authorized and instructed empowered to hypothecate any amount of State Bonds which may be necessary ^not exceeding $300,000^ to raise a sufficient sum of mony to pay the Interest which will fall due on the Internal Improvement debt on the first Monday in Jany[January] 1841. Said Bonds ^so^ to be [...?] hypothecated shall bear an annual Interest at the rate of six per centum, and be, redeemable on or before the first day of January 1843.

Sec 2, Said Fund Commissioner is hereby required to pay over the monies arising from the hypothecation of said Bonds in discharge of the Interest for which the state is legally liable and ^which will fall^ due on said Internal Improvement debt

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on the first Monday in Jan^y 1841.