The Iowa transcript. (Toledo, Tama County, Iowa) 1858-1866, 1860-11-08
NO. 1;

or interest, and designating the amount
Of each and from whom due, and his
books shall at all times present clear
and ineligible statement of the school
fund in his hands. Said bookc shall at
all times be open to the inspection and
examination of any house holder or ;
taxpayer in the county.
Sec. 80 Each clerk of the District
Court shall keep in his office in books
provided for that purpose, an account
to be known as the School Fund Ac-
count, in which he shall enter all notes
mortgages, bonds, and assets Of every
kind and description delivered to him
by the County Judge, and which may
hereafter come into his hands and he
shall open accounts with the County
Treasurer in which he shall charge
him with all money in his hands at the
time such accounts is opened, and also
with money which may thereafter be
paid to him as shown BY the certificates
duly endorsed as hereinbefore provid-
ed for, distinguishing. between princi-
pal and interest, which shall be kept
i'll distinct accounts; and shall on the
third Monday Of May, the first Monday
Of October, and the third Monday Of
December in each and every year
| make a complete settlmentof the School
Fund account wish the County Treas
urer, from the time of the last settlr-.
ment, and at each regula meeting Of
the Board Of Supervisors, the Clerk Of
the District Court shall submit a full
report of his last settlement with the
County Treasurer, and also of and
notes. mortgages, bonds assets Of every
kind and description which have come
into his hands since the last meeting Of
tie Board,
s3l. Any County Judge, county
Treasurer, or Clerk Of the District
Court, failing or neglecting to perform
any Of the duties which are required
Of him by the provisions of this act
he shall be liable to fine Of not less
than one hundred dollars nor more
| than five hundred dollars. to be recoy-
cred in an action brought in the Dis
trict Court BY the Board Of Supervisors
the judgement to be entered against
the party and his bondsnen, and the
proceeds to 90 the school fund.
s 80. Wherever it shall be evident to
the Board Of Supervisors that the inter
est as the School FUND will be endan-
gerered by immediate prosecution of
any mortgage Or the sale Of mortgaged
premises, they may give such reason
able time as they may deem for Ii
best interest Of the School Fund.
| S 80, At every sale of lands mort
gagged to the School Fund it shall Be
the duty of the Chairman Of the Board
OF Supervisors, to attend such sale and
to bid on behalf of the State the amount
of the principal, interest and costs dns
TO the School Fund if in. his opinion
the interests Of the said fund require
it.
s 81. All acts and parts Of acts in
conflict with this act are hereby repeal
ed so far as they conflict with this act.
! S 35. This act shall be in force from
and after the first Monday in January
| 1861.
JoHS EDWARDS.
Speaker OF the House Of Representa-
tiye>.
| JAMES T. Wilson.
/! President Of the Senate pro tenn.
Approved April Sd, 1860.
SAAIUEI.J. KIRkWOOD.
hereby certify that the the forego-
ing is a trne copy from the original roll
on file in my office. {.
ELIJAH Sells.
Secretary Of State.