(225.) SEC. 3. The several persons constituting the board as oath of office. herein provided, before entering upon the duties of their office, shall each take and subscribe the constitutional oath of office, before some person authorized to administer oaths; which oaths shall be filed and preserved with the proceedings of the board. tabular state of Supervisors. (226.) SEC. 4. After said board shall have been organized, Board to examine they shall proceed to examine the tabular statements of the ments of Boards Board of Supervisors of each county, provided for in the eighth section of this act, and to hear the representatives from the several Boards of Supervisors as hereinafter provided; and they shall determine whether the relative valuation between the several counties is equal and uniform, according to location, soil, improvements, production, and manufactories; and also whether the personal estate of the several counties has been uniformly estimated, according to the best information which can be derived from the statistics of the State, or from any other source. If, after such examination, such assessment Assessments relshall be determined relatively unequal, they shall equalize the how equalized. same, by adding to or deducting from the aggregate valuation of taxable real and personal estate in such county or counties, such per centage as will produce relative equal and uniform valuations between the several counties in the State; and the per centage added to or deducted from the valuations in each county, shall be entered upon their records; and the valuations of the several counties, as equalized, shall be certified and signed by the chairman and secretary of the board, and filed in the office of the Auditor General, and shall be the basis for apportioning all State taxes until another eqalization shall be made. atively unequal, General and urer. (227.) SEC. 5. It shall be the duty of the Auditor General, as Duty of Auditor soon as may be, after the determination of the State Board of County TreasEqalization shall be filed in his office, as provided in the preceding section, to send a certified transcript of the same to the Treasurer of each county, who shall cause the same to be published in one or more papers in the county. visors to equalize (228.) SEC. 6. A meeting of the Board of Supervisors for the Board of Superyear eighteen hundred and fifty-one, shall be held on the sec-assessments. ond Monday of June, and on the second Monday of June every fifth year thereafter; and when convened, the board shall proceed to equalize the assessment rolls in the same manner as is provided in Chapter Twenty of the Revised Statutes of eighteen hundred and forty-six; and each of said Supervisors Board may hear evidence. Clerk of Board of statement for shall add up the columns of their respective rolls, enumerating the number of acres of land, and the value of the real estate and personal property so assessed, so as to show the aggregate of each. (229.) SEC. 7. The Board of Equalizers shall hear any evidence which may be laid before them by any person appointed by any Board of Supervisors, and any representation made by such person in behalf of any county. (230.) SEC. 8. It shall be the duty of the clerk of each Board make out tabular of Supervisors to make out a tabular statement, from the Auditor General. aggregate of the several assessment rolls, of the number of acres of land, and the value of the real estate and personal property in each township and ward, as assessed, and also the aggregate valuation of the real estate of each roll as equalized, and make a certified copy thereof, signed by the chairman and clerk, and transmit the same to the Auditor General, on or before the second Monday of July following, who shall lay the same before the State Board of Equalization, when organized. (231.) SEC. 9. Any three members of the board shall constitute a quorum for the transaction of business. The LientenCompensation of ant Governor shall receive three dollars a day for actual attendLieut. Governor. ance, and ten cents a mile for travel in going to and returning Three to constitute quorum. from the Seat of Government, the usual traveled route, to be paid out of the Treasury, on the warrant of the Auditor General. SEC. 10. This act shall take effect immediately. PROVISIONS RESPECTING STATE INDEBTEDNESS AND STATE FUND COMMISSIONERS. Treasurer to can cel and destroy An Act to Provide for the Withdrawal of Treasury Notes, and for other purposes. [Approved February 10, 1842. Laws of 1842, p. 24.] SECTION 1. (m) (232.) SEC. 2. The State Treasurer is hereby required to Treasury Notes. cancel and destroy all Treasury Notes received into the Treasury, to the credit of the sinking fund, in the presence of the Auditor General, receiving credit on account of said Treasury Notes, to the amount so cancelled and destroyed; and whenSee Laws of 1843, ever any other moneys shall be received to the credit of the sinking fund than Treasury Notes as aforesaid, and there shall p. 3. (m) Related to the receipt and payment over of moneys received for fare, etc., on State works of Internal Improvement. be in the Treasury, to the credit of any other fund or funds, any Treasury Notes, such other money shall be passed to the credit of said fund or funds, and an equal amount of Treasury Notes shall be transferred therefrom to the sinking fund, and cancelled as above described, and the said credit shall as well describe the number and amount of each particular denomination of bills, as the aggregate amount so destroyed. Treasury Notes, paying banks, for public dues. (233.) SEC. 3. Gold and silver, Treasury Notes heretofore Gold and silver, emitted, or bills of sound specie paying banks, at the discretion, or bills of specio and upon the responsibility of the receiving officer or officers, alone to be taken shall alone be receivable for any debt, taxes, or other dues coming to the State: Provided, that delinquent tax bonds Proviso. heretofore issued, or which may hereafter be issued, and the coupons thereon, as they severally become due, may be received in payment of delinquent taxes. and agents to pay funds they re (234.) SEC. 4. All collecting and disbursing officers, all Officers county and township treasurers, and all other public officers over the same or agents, through whose hands public moneys pass, are ceive. hereby required to pay into the State, county and township treasuries, as the case may be, or to State, county and township creditors, as the case may be, at the option of such creditors, or to civil and military officers entitled to compensation for public services, at the option of such officers, the same description of funds which they shall have received in the collection of taxes or other public dues, or for freight and charges to passengers on the State railroads. Any of the Fine and impris aforesaid collecting and disbursing officers or agents, who shall tion of act, or violate any of the provisions of this act, or shall appropriate of money. any of the public moneys to his or their own private use, except in pursuance of law, or shall lend to others, or otherwise embezzle any of the said public moneys, he or they shall be prosecuted for said offence, and, on conviction thereof, be punished by fine and imprisonment; the fine not to be more than one thousand dollars, and the imprisonment not to exceed five years, at the discretion of the Court. SEC. 5. This act shall take effect and be in force at the expiration of ten days from and after its passage. onment for viola misappropriation Interest on State An Act in Relation to the Payment of Interest on Certain State Stocks. [Approved March 7, 1843. Laws of 1843, p. 131.] (235.) SECTION 1. Be it enacted by the Senate and House of may be paid at Representatives of the State of Michigan, That the payment of interest on any of the stocks or bonds of this State, now payable in New York or elsewhere, may hereafter be made at the State Treasury, if the holders of said stock or bonds shall so elect. Governor autherized to issue in certain cases. SEC. 2, 3. (n) SEC. 4. This act shall take effect and be in force from and after its passage. An Act to Liquidate the Public Debt, and to Provide for the Payment of the Interest thereon, and for other purposes. [Approved March 8, 1843. Laws of 1843, p. 150.] WHEREAS, the interest is in arrear, and unpaid on certain bonds, issued by the State, for part of the five million loan, so called, which bonds the State has received the full consideration for, and is legally and equitably bound to provide for the payment of the principal and interest thereof, according to the terms of said bonds respectively, and which bonds are specified in the first section of this act; and WHEREAS, the holders of said bonds have expressed a willingness to receive the bonds of the State, in payment of the interest which has accrued thereon, and which may accrue thereon up to the first day of July, which will be in the year eighteen hundred and forty-five, and to surrender the coupons attached to said bonds up to the said first day of July, eighteen hundred and fortyfive: therefore, (236.) SECTION 1. Be it enacted by the Senate and House of bonds for interest Representatives of the State of Michigan, That the Governor be, and is hereby authorized to issue and deliver, on the surrender of the coupons for the corresponding period, the bonds of the State for the interest which has accrued on the bonds hereafter specified in this section, since the first day of July, in the year eighteen hundred and forty-one, and the interest that will accrue up to the first of July, eighteen hundred and forty-five, and interest on such interest after the same became due, and (n) Temporary. ized to issue in certain cases. which shall become due and payable hereafter, agreeable to Governor authorthe stipulation for the payment of interest on the bonds of this bonds for interest State, issued as a part of the five million loan up to the first day of July, in the year eighteen hundred and forty-five, to the holders, for the time being, of any of the following bonds, issued for part of the five million loan, so called, that is to say: bonds for the sum of one thousand dollars each, numbers one hundred and one to one hundred and eighty-eight [101 to 188], inclusive; four hundred and ninety-six to five hundred [496 to 500], inclusive; five hundred and fifty-two and five hundred and fifty-three [552 and 553], six hundred and one to eight hundred. [601 to 800,] inclusive; and bonds for the sum of three thousand dollars each, numbers one to three hundred and fifty-six, each [1 to 356], inclusive; three hundred and ninety-nine and four hundred [399 and 400], four hundred and thirty-four to four hundred and thirty-nine [434 to 439], inclusive; being in all, two hundred and ninety-five bonds of the denomination of one thousand dollars each, and three hundred and sixty-four bonds of the denomination of three thousand dollars each, amounting in all to the principal sum of one million three hundred and eighty-seven thousand dollars, [1,387,000], which said bonds for the interest shall be in the same form as the bonds heretofore issued for said loan, and shall be made payable on the first day of January, which will be in the year one thousand eight hundred and fifty, with interest thereon at the rate of six per centum per annum from and after the first day of July, one thousand eight hundred and forty-five, to be paid semi-annually, on the first days of July and January, in each year, at such place in the city of New York as the Governor shall designate, and for the payment of which bonds, according to the terms thereof, the faith of the State is hereby pledged. interest net pro Le works, pledged (237.) SEC. 2. For the payment of interest accruing after For payment of the first of July, eighteen hundred and forty-five, on the bonds creds of all pubspecified in the first section of this act, and on the bonds which with exceptions. may be issued under the sixth section of this act, the net proceeds of all the public works of the State, shall be, and they are hereby pledged, except so far as the same have been, or may be, appropriated by law, for the completion of the Central and Southern Railroads to Marshall and Hillsdale, and so far as the same may be necessary for the purchase of locomotive engines, cars for said road, etc., for the redemption of State scrip now outstanding with interest thereon; and also for the |