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An Act organizing a Board of Internal Improvement. 1829 36 (1829)

handle is hein.slavery/ssactsms0110 and id is 1 raw text is: LAWS OF THE STATE OP MISSISSIPPh. CHAP. XLVI. AN ACT, orkanizing a Board of Internal Improvement. See. 1. Be it enacted by the Senate and Hone of Represenfa- tire. oft: Ftate ofiIsi:.ipbi, in General Awr/il condeaed, That from and after the pnssage of this act, the Governor of the state for the tiie being and thwee Board o conuiss io ners, tohe appointted as hereinafter mnci- internial tiOned be, and they are herel) constitited and ap- improve. pointed a Board of lInti~ril improvement for the anie. r-state of Mississippi, tosuperintend and direct the im provement of the navigalhe streanis and pubdic highways in this state; the Governor of the state to be presideint of said hoard, and in the absence of said president, the hoard niy appoint a presi- dnet protenp(re, a majority of the members to constitute a quorim for the transactionof htsiness. Sec. 2. .Jnd be it jurthe-r enacted, 'T7hat the 6overnor Governor of the state, for the time being he, and to n he is hereby authorized and repired to ngotia te ae a oit 'a loan, if practicable, of a suim not exceeding two of money. hundred thousand dollars, at a rate of interest not exceeding six and onei quarter per cent. per an- nun, payable annually at the Bank of the state of Mississippi ; w hich said loan shall he redeeiable at said Bank, on the thirty-first day of Dec emfler, one thousand eight hundred and forty, and as evi- dence of said deht, it shall be the duty of said Governor to give one or more boids, as may be Further expedient, bearing interest as aforesaid, under the aworgo seal of the state, and his signature as Governor, v 1r o r. . and payable to bearer or order, as may be requir- ed, or as lie may deem advisahle, which loan, when obtained, shall be veted in stock of the Bank of the stale of Mississippi, as a permanent fund for Internal Improvement; which sum so

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