Register of interest payments on the $1.6 million canal construction loan, 1848-1853.

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Register of interest payments on the $1.6 million canal construction loan, 1848-1853.

http://www.worldcat.org/oclc/37459053

Interest register entries for payments made by the canal trustees to the $1.6 million canal construction loan (authorized by the General Assembly in 1843) subscribers. Register include payment voucher number; bond serial number; interest amount due; total interest payment; and undated subscriber's legal representative signature acknowledging payment. Some volumes periodically list bond face values; bond issuance and maturation dates; principal due bondholders; total interest and principal payments to subscribers.

ledgers 11 volumes.

Illinois State Archive

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SNAC Resource ID: 7393413

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...