 | Michigan - Law - 1850 - 964 pages
...to commence in eighteen hund- Sn*in» «!»<* red and fifty-two, with compound interest at the rate of six per cent per annum, and an annual increase of at least five per cent, to be applied solely fo the payment and extinguishment of the principal of the State debt, other than the amounts due to... | |
 | Michigan. Constitutional Convention - Constitutional amendments - 1850 - 990 pages
...twenty thousand dollars a year, to commence in eighteen hundred and fifty-one, with eompound interest at six per cent, per annum, and an annual increase of at least five per cent. 2d. Said sinking fund shall be applied solely to the payment and extinguishment of the principal of... | |
 | Michigan - 1851 - 434 pages
...year, to commence in eighteen bund- sinking aiot: red and fifty-two, with compound interest at the rate of six per cent per annum, and an annual increase...unfunded debt shall not be funded or redeemed at a ralue exceeding that established by law in one thousand eight hundred and forty-eight. TO repel in-... | |
 | Michigan. Legislature. Senate - Michigan - 1851 - 426 pages
...law a sinking fund, of at least twenty thousand dollars a year, with compound interest at the rate of six per cent, per annum, and an annual increase of at least five per cent The sinking fund so provided is to be applied solely to the payment and extinguishment of the principal... | |
 | Michigan. Legislature. House of Representatives - Michigan - 1851 - 750 pages
...of at least twenty thousand dollars a year, to commence in 1852, with compound interest at the rate of six per cent, per annum, and an annual increase of at least fivu per cent." They have recommended the second amendment, because they think tltc duties of fund... | |
 | Michigan. Supreme Court, Randolph Manning, George C. Gibbs, Thomas McIntyre Cooley, Elijah W. Meddaugh, William Jennison, Hovey K. Clarke, Hoyt Post, Henry Allen Chaney, William Dudley Fuller, John Adams Brooks, Marquis B. Eaton, Herschel Bouton Lazell, James M. Reasoner, Richard W. Cooper - Law reports, digests, etc - 1882 - 740 pages
...create a sinking fund of §20,000 a year, commencing in 1852, with compound interest at six per cent., and an annual increase of at least five per cent,...extinguishment of the principal of the State debt, and declared it should " be continued until the extinguishment thereof." This requirement, it was expected,... | |
 | Michigan. Supreme Court, Randolph Manning, George C. Gibbs, Thomas McIntyre Cooley, Elijah W. Meddaugh, William Jennison, Hovey K. Clarke, Hoyt Post, Henry Allen Chaney, William Dudley Fuller, John Adams Brooks, Marquis B. Eaton, Herschel Bouton Lazell, James M. Reasoner, Richard W. Cooper - Law reports, digests, etc - 1900 - 808 pages
...the interest and principal of the state debt, in the order herein recited, until the extinguishment of the state debt, other than the amounts due to educational funds, when such specific taxes shall be added to and constitute a part of the primary-school interest fund.... | |
 | Michigan. Supreme Court, Randolph Manning, George C. Gibbs, Thomas McIntyre Cooley, Elijah W. Meddaugh, William Jennison, Hovey K. Clarke, Hoyt Post, Henry Allen Chaney, William Dudley Fuller, John Adams Brooks, Marquis B. Eaton, Herschel Bouton Lazell, James M. Reasoner, Richard W. Cooper - Law reports, digests, etc - 1895 - 792 pages
...the interest and principal of the State debt, in the order herein recited, until the extinguishment of the State debt other than the amounts due to educational funds, when such specific taxes shall be added to, and constitute a part of, the primary school interest fund,"... | |
 | A. S. Barnes - Constitutional history - 1852 - 674 pages
...the interest and principal of the State debt, in the order herein recited, until the extinguishment of the State debt, other than the amounts due to educational funds, when such specific taxes shall be added to, and constitute a part of the primary school interest fund.... | |
 | Michigan. Supreme Court, Randolph Manning, George C. Gibbs, Thomas McIntyre Cooley, Elijah W. Meddaugh, William Jennison, Hovey K. Clarke, Hoyt Post, Henry Allen Chaney, William Dudley Fuller, John Adams Brooks, Marquis B. Eaton, Herschel Bouton Lazell, James M. Reasoner, Richard W. Cooper - Law reports, digests, etc - 1869 - 622 pages
...the interest and principle of the state debt, in the order herein recited, until the extinguishment of the state debt, other than the amounts due to educational funds, when such specific taxes shall be added to and constitute a part of the Primary School Interest Fund."... | |
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... be applied in paying the interest upon the primary school, university and other educational funds and the interest and principal of the state debt in the order herein recited, until the extinguishment of the state debt, other than the amounts due... 
