Register of certificates for state bonds, 1841.

ArchivalResource

Register of certificates for state bonds, 1841.

Canal contractors agreed to subscribe to a $1 million canal bond issue to prevent construction shut-down, which allowed work to continue and provided for bond redemption (1841). Subscription register entries include bond redemption date; bondholder name; bond holdings and face values; and redemption notations.

.25 cubic ft.

Information

SNAC Resource ID: 7392857

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...