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To have charge of
To keep accounts.
fund and shall pay every warrant out of the particular fund constituted or raised for the purpose for which said warrant
is issued and having the name of such fund endorsed thereon To have same by the clerk. For the purpose of collection and return of all township
taxes and the return of property, delinquent for the nonpayment of taxes and for purposes of suits for the collection of taxes, the said treasurer on giving bonds or surety so required shall possess all the powers and perform all the duties of the several township treasurers of this State as prescribed by law, and shall perform such other duties respecting the collection and return of taxes as this act imposes.
SEC. 18. The city treasurer shall receive all moneys paid in
for school purposes, and all moneys belonging to the city, exschool money.
cept such as are required by this act, to be in the keeping of some other officer, and shall deposit the same daily in the city depository or depositories, selected and designated by the council, and shall take vouchers therefor in duplicate, filing one of said vouchers with the city clerk of said city, and filing the other in the office of the city treasurer. Said city treasurer shall keep an account of all receipts and expenditures of said city, in such manner as the council shall direct, in proper books of account, to be provided by said city,
which books of account shall be the propery of said city, and Books open to constitute a part of the public records thereof. The books
required to be kept by such depository or depositories, shall at all times, during the business hours of the day, be kept open and subject to be inspected by any member of the council, the
city treasurer, the city clerk or the city attorney. Council may SEC. 18a. The council shall have the power to contract with depositories. any safe and secure banking institution or institutions in said
city, for a period not exceeding three years as a depository or depositories for the safe keeping of the public moneys belong. ing to, or in the custody of said city, and for the payment of interest thereon, at a rate not exceeding that established by law, upon such moneys of the city, or in its custody, deposited with such banking institution or institutions to be drawn from on current account, by said city through its proper officers, or
officer, which said interest shall belong to and be credited to May terminate the general fund of the said city. Every such contract with a
banking institution shall contain an agreement upon the part of such banking institution, permitting the council whenever it shall deem that the interests of the city require it, to terminate such contract and withdraw all the money deposited with such institution, and in such case the books required to be kept by such depository shall be delivered into the custody
of the clerk, by such depository. Council may
SEC. 18b. The council of said city by ordinance, resolution drawing of money or otherwise, may make such rules and regulations, and pre
scribe such conditions relative to entering into any contract with any depository or depositories of all such moneys as aforesaid, the drawing upon such moneys, and the security to be given by such depository or depositories, as the said council
to keep accounts.
obtain bids for
may deem reasonable and just and for the best interests and se curity of the said city, not inconsistent with the provisions of this act.
SEC. 18c. The depository or depositories so designated by Depositories the council, shall keep an accurate account in a set of books, of all moneys belonging to, or in the custody of said city, deposited with such depository or depositories, such books to be provided by the said city, and to belong to said city, and to constitute a part of the public records of said city, and to be by the outgoing depository or depositories delivered to the depository or depositories succeeding to the trust. Such de. To report to pository or depositories shall report in writing monthly to the council of said city, the amount of moneys belonging to or in the custody of said city, then on deposit with such depository or depositories.
Sec. 18d. The council of the said city shall, on the second Council to Monday of April next preceding the termination of any ex- loans. isting contract, or within ten days thereafter, advertise in one of the official newspapers of said city, for a period of at least one week, after the first insertion of such advertisement, for sealed proposals from the banking institutions in said city, for the highest rate of interest obtainable from such banking institutions on daily balances of money belonging to the city, or in its custody, and the lowest rate of interest to be paid by the city for such temporary loans as the city shall have power to make. SEC. 18e. The council shall have the power to award the Torcare for
deposit deposit of the moneys belonging to the city or in its custody, city moneys. in such quantities, as may be for the best interests of the city, to such safe and secure banking institution or institutions within said city, as shall offer the best terms to such advertisement, and in accordance therewith, and shall require such depository or depositories to give suitable bonds in such penalty as the council shall determine, and with such sureties as the council shall approve, before any transfer of any such moneys as aforesaid, can be made to such depository or depositories.
SEC. 18f. In case no agreement is entered into for deposit- When treasing any of the moneys as aforesaid or in case such agreement posit money. is terminated, and at any time when there shall be no such depository or depositories, the city treasurer shall receive and deposit all money belonging to the city or in its custody in bank or banks as ordered by city council and which in accordance with the provisions of this act shall come into his hands and shall pay the same out upon warrants drawn upon him as provided by law.
Sec. 18g. All moneys drawn from the city depository or Money drawn depositories for city purposes, shall be drawn by warrants, by warrants. designating the depository, signed by the clerk and counter signed by the mayor of said city. All warrants drawn upon Warrants,
how signed, the city treasurer for city purposes, shall be drawn in pursuance of an order from the council, which warrants shall be signed
When clerk to draw warrants.
by said clerk and countersigned by the mayor of said city, and every such warrant shall specify for what purpose the amount named therein is paid, and out of which particular fund pay. able, and the clerk shall keep an accurate account, under appropriate heads, of all expenditures and of all orders and warrants drawn upon the city treasurer, in suitable books to be kept by him for that purpose, which books shall be furnished by, belong to and be a part of the public records of said city.
SEC. 18h. On the order of the council, it shall be the duty of the city clerk, after the expiration of at least twenty-four hours, next following any regular or special session of the council, at which any claim or demand against the city has been allowed, to draw a warrant or check on the city deposi. tory or depositories, designated by the council, for the aggregate sum of all claims and demands against said city, allowed at any such regular or special session of said council; which said warrant or check for the aggregate sum shall be signed by said city clerk, and countersigned by the mayor of said city, and payable to the order of the treasurer of said city: Provided, That no item or items of such claims or demands shall be included in any such aggregate, or in the warrant or check drawn therefor, to the allowance of which by the council the mayor shall have interposed his veto, in the manner provided for in this act; nor shall any item or items of such claims or demands for the payment of which there are not sufficient funds out of which they may be lawfully paid, be included in such aggregate or in such warrant or check. The city treasurer shall draw from the city depository or depositories the amount called for by such warrant or check, and use the same to pay the said claims and demands in the manner provided for in this act.
SEC. 18i. The city clerk shall, at the first regular meeting of the council of said city in each month, report in writing to said council the amount of all warrants drawn as aforesaid, upon the city treasurer, which have not been called for within thirty days after the countersigning of such warrants, together with the name of the person to whom each of the said warrants is payable, and out of what city funds payable. Upon the receipt of such report the said council shall have power to order the cancellation of such warrants not called for, and to instruct the city treasurer to forth with deposit in the de.. pository or depositories designated by the council, the aggregate amount of the warrants covered by such monthly report: Provided, That any such cancellation shall not be taken or held to impair or render void the legality of any claim or de. mand.
The city treasurer shall, in respect to the school moneys received by him, perform all duties, and be subject to all the liabilities that the township treasurers of the State are now or in future shall be subject to by law, in respect to the keeping and paying out of moneys collected for school purposes.
SEC. 18j. The books and accounts of the city treasurer shall be open to the inspection of any elector of said city. The
Clerk to re. port warrants drawn to council.
Council may cancel warrants.
Treasurer to make annual report to council.
city treasurer shall exhibit to the council in the month of April of each year, a full and fair account of the receipts and expenditures of the said city, and all moneys coming into his hands by virtue of his office, since the date of the last annual report of the city treasurer, and also the state of the treasury of said city, and such other matters as he may deem advisable, and to the interests of the city, which account, if found correct, shall be printed and filed in the office of the city clerk. And he shall from time to time make such other reports as the council shall require.
SEC. 18k. The council is hereby authorized to require new Council may or additional bonds or security from the city treasurer, and bonds. from the depositories of all moneys belonging to the city, or in the custody of the city and deposited in such depositories, at any time, or times, when it shall deem the interests of the city require it should be done to protect the city against loss or risk of loss of any moneys deposited, or to be deposited with such city treasurer or city depositories.
This act is ordered to take immediate effect.
AN ACT to vacate the plat of Central City and Buel's addition
thereto, in the county of Midland and State of Michigan.
The People of the State of Michigan enact: SECTION 1. The plat of Central City and the plat of Buel's Plat vacated. addition to Central City, in the county of Midland and State of Michigan, and recorded in the office of the register of deeds for Midland county, the territory included within the limits of said plats being situated as follows, to wit: The east one-half and Territory. a small strip off of east side of west half of section fifteen and west half of section fourteen and northwest of northwest of section twenty-three, township fourteen north, of range two west, Buel's addition; east part of west half and west part of east half of section fourteen; and east part of south part of northwest quarter of northwest quarter of section twentythree township fourteen north, of range two west, is hereby vacated.
Sec. 2. After the passage of this act, all assessments of Making of said territory included within the lines of said plats as specified in section one of this act shall be made and described without reference to said plat, but shall follow as near as may be the subdivisions as made by the government survey: Provided, Proviso. however, This act shall not be construed as vacating any public street or highway in said plats.
This act is ordered to take immediate effect.
AN ACT to authorize the village of Grass Lake, in the county
of Jackson, and State of Michigan, to borrow money and issue bonds therefor, the proceeds of which are to be used for the purchase of real estate for public grounds, parks, markets, public buildings, and for other purposes necessary or convenient for the public good, and to promote and make any public improvement in said village.
be submitted to electors.
The People of the State of Michigan enact: Bond issue by Section 1. The village of Grass Lake, in the county of Jack
son, shall be and is hereby authorized to borrow money on the faith and credit of the said village, and to issue bonds therefor, to an amount not exceeding fifteen thousand dollars, which shall be expended for the purchase of real estate for public grounds, parks, markets, public buildings, and for other pur. poses necessary or convenient for the public good, and for the encouragement and promotion of any public improvement for the benefit of said village, under such rules and regulations as said village council shall prescribe: Provided, That a majority of the electors of said village, voting at an election held in accordance with the provisions of this act, shall vote in favor of the said loan in the manner specified in this act, and not
otherwise, Question to SEC. 2. The question of raising the said money and issuing
such bonds shall be submitted by the village council of the said village to the electors thereof, and the vote shall be taken as near as may be in accordance with the provisions of an act, entitled "An act to provide for the incorporation of villages within the State of Michigan, and defining their powers and
duties," approved February nineteenth, eighteen hundred Council may ninety-five, and the amendments thereto, if any. The village order special
council shall have the power to order a special election when it may, by said council, be deemed necessary to carry out the provisions of this act, and the proceedings had at such special election shall be the same as at general elections held within said village, except that those electors voting for the said loan shall have written or printed on their ballots the words: "For bonding the village to an amount not exceeding the sum of fifteen thousand dollars-Yes;" and those voting against the loan shall have written or printed on their ballots the words: "For bonding the village to an amount not exceeding fifteen thousand dollars-No."
Sec. 3. If said loan shall be authorized by a majority of
the electors voting at such election such bonds may be issued in Rate of inter- such sums not exceeding the amount herein before limited, and signed, etc. payable at such times, with such rates of interest, not exceed
ing six per cent per annum, as said village council shall direct, and shall be signed by the president of said village and countersigned by the clerk of said village and negotiated by or under the direction of said village council; and the money raised
Form of baliot.
When bonds may be issued.