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THOMAS G. PRATT, ESQUIRE, GOVERNOR.
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1846.
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of any unappropriated surpluses thereafter coming into
the treasury; and provided further, that such payment
of interest on the said bonds given, for coupons and cer-
tificates of interest, or such payment of certificates given
for the difference between six per centum and the inte-
rest actually paid in any year on said bonds as aforesaid,
shall not in any case interfere with the regular payment
of the interest on the main public debt as aforesaid, and
of the ordinary expenses of the State.
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CHAP. 238.
Proviso.
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SEC. 3. And be it enacted, That the Commissioner of
Loans be, and he is hereby directed to keep an accurate
record of all the bonds issued for coupons and certifi-
cates of interest, according to the provisions of the se-
cond section of this act, specifying the date and amount
of every such bond, the person or persons to whom the
same shall be issued, and the year and quarter in and
upon which the coupons and certificates of interest be-
came due, for which the bonds authorised by this act
shall be given; and it is hereby declared to be the duty
of the said Commissioner, to transmit to the Governor
and Treasurer of this State, on the first day of Decem-
ber, in each and every year thereafter, a true copy of the
said record, to be communicated to the General As-
sembly.
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Commissioner
of Loans to
keep a record
of all bonds,
&c.
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SEC. 4. And be it enacted, That from and after the
first day of October next, all taxes and dues of what
nature soever, levied or to be hereafter levied, for the
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All taxees, &c.
paid in current
money.
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use of the State, shall be paid in current money.
SEC. 5. And whereas, There is great inequality in the
amounts required ai the different quarters of the year for
interest on the public debt, while the receipts of revenue
are more equally distributed through the year: Be it
further enacted, That in case of any temporary deficiency
in the treasury to meet the interest due on the public
debt, at any time or times at which it may be payable,
or in case the treasurer, in his judgment, should antici-
pate such deficiency, the treasurer shall be, and he is
hereby authorised, in his discretion, to borrow, on the
hypothecation of the bank stocks belonging to the State,
such amount of money as may be requisite to supply
such deficiency, to be repaid out of the first proceeds
from revenue which tnay thereafter come into the trea-
sury.
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In case of de-
ficiency in the
Treasury.
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SEC. 6. And be it enacted, That all surplus monies
which may at any time be in the treasury, not required,
in the judgment of the treasurer to pay the ordinary
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Surplus mo-
nies.
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