Provided, That the amount of bonds which shall be due in any one year, shall not exceed two per centum of the assessed valuation of such city or township at the time of issuing the same. SEC. 2. It shall be the duty of the supervisor of each of said townships to call such meetings of the electors of such townships as are hereby authorized, whenever requested in writing to do so, by thirty of the taxpaying electors of such township, and to give public notice thereof at least ten days previous to holding such meetings, by posting the same in five of the most public places in each of said townships, and the advertisement of the same in some newspaper published in the county where such township shall be. At such meeting the township inspector of elections, if present, shall act as inspetor of election. The voter shall vote by ballot, and shall be subject to challenge, as at other township elections, and the proceedings at such meeting to be held under this act, shall be governed in all respects by the general laws of this State relating to township elections, so far as the same may be applicable, and illegal and fraudulent voting shall be punishable in the same manner, and to the same extent as at other township elections. SEC. 3. The securities issued or made in pursuance of the provisions of section one of this act, shall be, and the same are made a valid and legal charge upon the taxable property of the several townships issuing or making the same; and it shall be the duty of the township board of such townships severally to provide by tax for the payment of the principal and interest thereon, as fast as the same shall become due and payable by the terms thereof. SEC. 4. No bonds or other evidence of debt shall be delivered to the treasurer of any township, city or village, for any railroad company, until all the terms and conditions required by the vote of the townships, cities or villages, or the proper authorities shall have been fully complied with: Provided, That no bond or other evidence of debt issued under the provisions of this act shall be sold for less than their par value, nor said bonds or other evidence of debt, or the moneys arising from the sale of the same, be delivered or paid over to said railroad company, until the ties shall be furnished and delivered on the line of the road and the road-bed thereof, including all bridges, culverts, cattle guards, and road crossings, shall be fully completed, ready for the iron, within the limits of the municipalities rendering such aid, or within the municipalities opposite to and co-terminus with the muncipalities rendering such aid. SEC. 5. This act shall take immediate effect. AN ACT to authorize the city of Lansing, in the county of Ingham, to vote aid to the Ionia and Lansing Railroad Company, under the provisions of Act No. 324 of Session Laws of 1865. SECTION 1. The People of the State of Michigan enact, That the city of Lansing, in the county of Ingham, be, and is hereby authorized to vote aid to the Ionia and Lansing Railroad Company, under and in accordance with the provisions of Act No. 324 of the Session Laws of of 1865, entitled "An act to authorize the several townships in the counties of Ingham, Clinton, Eaton and Ionia, to pledge their credit to raise by tax, or borrow money to aid in the construction of a railroad from the village of Ionia, in Ionia county, to the city of Lansing, in Ingham county," in the same manner and to the same extent as though originally named in and authorized by said act. Approved January 20, 1869. AN ACT to amend an act, entitled "An Act to authorize the city of Lansing, in the county of Ingham, to vote aid to the Ionia and Lansing Railroad Company, under the provisions of Act No. 324 of Session Laws of 1865," approved January 20th, 1869. SECTION 1. The People of the State of Michigan enact, That an act entitled "An act to authorize the city of Lansing, in the county of Ingham, to vote aid to the Ionia and Lansing Railroad Company, under the provisions of Act No. 324 of Session Laws of 1865," approved January 20th, 1869, be, and the same is hereby amended by adding thereto a new section, as follows: SEC. 2. The mayor of the city of Lansing may call the meeting or meetings of the electors, and give public notice thereof, as provided in said act number three hundred and twenty-four, of the laws of eighteen hundred and sixty-five; and the mayor and any two electors to be selected by the meeting when convened, shall constitute the board of inspectors of elections at such meeting, which board shall make return of the proceedings of such meeting to the common council of said city, within twenty-four hours after the adjournment of the meeting. The mayor and common council of the city of Lansing shall, in carrying out the provisions of this act, perform all duties required by said act, number three hundred and twenty-four, of laws of eighteen hundred and sixty-four, to be performed by township boards, so far as applicable; and whenever township or townships are named in the said last mentioned act, it shall be construed and deemed to mean the city of Lansing, so far as applicable to, and not inconsistent with, the provisions of this act. SEC. 3. This act shall take immediate effect. Detroit and Milwaukee Railroad. AN ACT to authorize the city of Grand Haven to aid the Detroit and Milwaukee Railroad Company to extend the line of their road across Grand River, from Ferrysburg into the city of Grand Haven, and to change the location of their depot at Grand Haven from the west to the east side of Grand River. SECTION 1. The People of the State of Michigan enact, That it shall be lawful for the city of Grand Haven to pledge the credit of that city and to issue bonds to aid the Detroit and Milwaukee Railroad Company in extending the line of their railroad across Grand River, from Ferrysburg into the city of Grand Haven, and to change the location of their depot at Grand Haven from the west to the east side of Grand River, for such sum or sums, not exceeding fifty thousand dollars, as a twothirds majority of the property-holding electors of said city, present and voting, shall, at a meeting or meetings called for that purpose, determine. The electors of said city may also, at such meeting or meetings, determine the terms, conditions, manner of executing securities, and other particulars in regard to such pledge of credit: Provided, That the amount of bonds which shall be due in any one year shall not exceed five per centum of the assessed valuation of said city at the time of issuing the same. SEC. 2. The bonds of said city may be issued for the purpose contemplated by this act, pursuant to the existing provisions of law regulating the issue of the bonds of said city in other cases. SEC. 3. The securities issued or made in pursuance of the provisions of sections one and two of this act, shall be and the same are made a valid and legal charge upon the taxable property of said city, and it shall be the duty of the common council to provide by tax for the payment of the principal and the interest thereon, as fast as the same shall become due and payable by the terms thereof. SEC. 4. No bonds or other evidences of debt shall be delivered to the said railroad company, or any person for said company, until all the terms and conditions required by the vote of said city shall have been fully complied with: Provided, That no bond or other evidence of debt, issued under the provisions of this act, shall be sold for less than their par value, nor said bonds or other evidences of debt, or the moneys arising from the sale of the same, be delivered or paid over to said railroad company until they shall run their cars into the city of Grand Haven on the east side of Grand River, SEC. 5. This act shall take immediate effect. Jonesville, Marshall and Grand River Road. AN ACT to enable thy city of Marshall to pledge its credit to aid in the construction of the Jonesville, Marshall and Grand River railroad. SECTION 1. The People of the State of Michigan enact, That it shall be lawful for the city of Marshall, under this act, by way of a loan or donation, to pledge its credit, with or without condition, to aid in the construction of the Jonesville, Marshall and Grand River railroad, for such sum or sums, and to such an amount, not exceeding seventy-five thousand dollars, as a twothirds majority of the tax-paying electors thereof, present and voting, shall, at any meeting or meetings called for that purpose, determine: Provided, That the amount of bonds which shall become due in any one year, or the principal of the money payable, shall not exceed onefifth of the amount so voted to be raised. SEC. 2. It shall be the duty of the mayor of such city, upon the presentation to him of a request, either written or printed, or partly written and partly printed, signed |