Register of orders, 1840-1841.

ArchivalResource

Register of orders, 1840-1841.

Most Illinois and Michigan Canal contractors (1840-1841) accurred debt because the canal commissioners were unable to meet their financial obligations. To ease this financial liability, the commissioners issued "orders" or warrants which promised payment at an unspecified future date. These orders were payable to the contractors' creditors, and as sufficient canal funds became available, orders were to be registered with the canal secretary and then redeemed for money. Register entries include order number and amount; order filing date with canal secretary; drawee name; and payee (i.e., contractor's creditor) name.

ledgers 2 volumes.

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SNAC Resource ID: 7392825

Illinois State Archive

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Illinois and Michigan Canal (Ill.)

http://n2t.net/ark:/99166/w6b38m7k (corporateBody)

After the U.S. Congress granted nearly a hundred miles of public lands (between Lake Michigan and Illinois River headwaters) to the state of Illinois for canal construction (March 30, 1822), the General Assembly passed a canal bill (Feb. 14, 1923) establishing the Illinois and Michigan Canal Company. Following this company's failure, Congress donated Illinois land (March 2, 1827) "equal to one-half of five sections in width, on each side of the canal, reserving each alternate sectio...