 ... that the moneys so invested shall constitute a perpetual fund, the capital of which shall remain forever undiminished (except so far as may be provided in section 5 of this act), and the interest of which shall be inviolably appropriated, by each...  Bulletin - Page 31918Full view - About this book
 | Michigan. Legislature. House of Representatives - Legislative journals - 1863 - 974 pages
...stocks of the United States, or of the State, or some other safe stocks, yielding not less than five per centum upon the par value of said stocks; and...perpetual fund, the capital of which shall remain forever nndiminished, (except so far as may be provided in section fifth, of this act,) and the interest of... | |
 | California. Department of Public Instruction - Education - 1862 - 142 pages
...thus granted, shall be invested in safe stocks, yielding not less than five per cent per annum; and l' that the moneys so invested shall constitute a perpetual...capital of which shall remain forever undiminished, and the interest of which shall be inviolably appropriated to the endowment, support, and maintenance,... | |
 | Kansas. Legislature. House of Representatives - 1863 - 382 pages
...of some other safe stocks, yielding not less than five per centum upon the par value of the same, to constitute a perpetual fund, the capital of which shall remain forever undiminished, except as hereafter mentioned. The interest to be inviolably appropriated by the Stat» accepting the same... | |
 | Michigan - Session laws - 1863 - 810 pages
...than five per cent. annually, upon the par value of such stocks, and to keep the same invested, to constitute a perpetual fund, the capital of which shall remain forever undiminished; and the annual interest shall be regularly applied, under the direction of the State board of agriculture,... | |
 | Indiana - 1863 - 916 pages
...stocks yielding not less than five per centum per annum, on the par value. Second — Tkat the monies so invested shall constitute a perpetual fund, the capital of which shall never be diminished, except as hereinafter stated. Third — The interest on the stocks to be inviolably... | |
 | Michigan. Legislature - Michigan - 1864 - 716 pages
...stocks of the United States, or of the States, or some other safe stocks, yielding not less than five per centum upon the par value of said stocks; and...of which shall remain forever undiminished, (except ao far as may be provided in section fifth of this act,) and the interest of which shall be inviolably... | |
 | Ohio - Session laws - 1864 - 212 pages
...invested in stocks of the United Staoes, or of some other safb stocke, yielding not less than five per centum upon the par value of said stocks, and...the moneys so invested shall constitute a perpetual fand ; the capital of which shall remain forever undiminished (except so far as may be provided in... | |
 | Ohio State Board of Agriculture - Agriculture - 1864 - 798 pages
...invested in stocks of the United Stales, or of some other safe stocjss, yielding not less than five per centum upon the par value of said stocks, and that the monejs ao invested shall constitute a perpetual fund ; the capital of which shall remain forever muttmlnished... | |
 | Iowa. General Assembly - Iowa - 1864 - 652 pages
...stocks of the United States, or of the States, or some other safe stocks, yielding not less than five per centum upon the par value of said stocks ; and that the money so invested shall constitute a perpetual fund, the capital of which shall remain forever undiminished,... | |
 | Ohio State Board of Agriculture - Agriculture - 1864 - 732 pages
...invested in stocks of the United States, or of some other safe stock?, yielding not less than five per centum upon the par value of said stocks, and that the money* к invested shall constitute a perpetual fund ; the capital of which shall remain forever umliminished... | |
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