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" ... at a rate of interest not exceeding ten per cent per annum; and may also issue bonds, or promissory notes, at the same rate of interest in payment of any debts or contracts for constructing and completing their road, with its equipments and... "
Acts of the Legislature of the State of Michigan - Page 51
by Michigan - 1871
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Revised Laws of the State of California: In Four Codes : Political ..., Volume 2

California, California. Commission to Revise the Laws of California - California - 1871 - 894 pages
...dispose of bonds or promissory notes therefor, in denominations of not less than five hundred dollars, and at a rate of interest not exceeding ten per cent, per annum; may also issue bonds or promissory notes of the same denomination and rate of interest, in payment...
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Documents Accompanying the Journal, Part 2

Michigan. Legislature. Senate - Michigan - 1871 - 1036 pages
...faith of the city, a sum not exceeding ten thousand dollars, for a term not exceeding twenty years, at a rate of interest not exceeding ten per cent per annum, payable annually, and for that purpose may issue the bonds of the city, signed by the mayor and clerk,...
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The Civil Code of the State of California, Volume 1

California - Civil law - 1872 - 728 pages
...of bonds or promis• sory notes therefor, in denominations of not less than five hundred dollars, and at a rate of interest not exceeding ten per cent per annum; and may also issue bonds or promissory notes, of the same denomination and rate of interest, in payment...
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General Acts and Joint and Concurrent Resolutions of the ..., Volume 3

Michigan - Law - 1873 - 252 pages
...faith and credit of said city, and issue its bonds therefor, payable at a time not exceeding twelve years from the date thereof, and at a rate of interest not exceeding seven per cent per annum, which money shall be expended for the erection of a court p urpOs( . house...
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Acts of the General Assembly of the State of Alabama

Alabama - Law - 1873 - 658 pages
...Masonic Temple Association of Alabama, whether in or out of this State, for the loan of said money at a rate of interest not exceeding ten per cent, per annum, shall be legal, and be enforced as to principal and interest according to the terms agreed upon. Approved,...
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Laws and Ordinances Governing the City of Chicago

Chicago (Ill.), Chicago (Ill.). - Chicago (Ill.) - 1873 - 762 pages
...be, and he is hereby, anthorized and empowered to borrow a sum not exceeding eighty thousand dollars at a rate of interest not exceeding ten per cent, per annum, and to issue bonds or certificates of indebtedness therefor payable within twelve months after the...
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General Acts and Joint and Concurrent Resolutions of the Legislature of the ...

Michigan - Law - 1874 - 136 pages
...said township, and issue its bonds therefor payable at a time not exceeding twelve Amount limited, years from the date thereof, and at a rate of interest not exceeding ten per cent per annum, which money shall be expended for the payment of any judgments that have been or that shall hereafter...
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Annual Report of the Railroad Commissioners of the State of Wisconsin, Part 1

Wisconsin. Railroad Commissioners' Department - Railroad law - 1874 - 682 pages
...issue and deliver its bonds, in such sums and pa.vable at such time and place as might be fixed upon, and at a rate of interest not exceeding ten per cent, per 'annum, and exchange them for the capital stock of said company: provided, that the amount so issued in any...
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The Central Law Journal, Volume 12

Law - 1881 - 638 pages
...or compensation." it is argued, however, that as the city was only authorized by law to borrow money at a rate of interest, not exceeding ten per cent, per annum, the money can not be recovered back, because a sale of the bonds involved an obligation to pay interest...
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Public Documents of the State of Wisconsin: Being the Reports of ..., Volume 2

Wisconsin - Wisconsin - 1875 - 1044 pages
...issue and deliver its bonds, in such sums and payable at such time and place as might be fixed upon, and at a rate of interest not exceeding ten per cent, per 'annum, and exchange them for the capital stock of said company: provided, that the amount so issued in any...
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