The Emporia news. [volume] (Emporia, Kan.) 1859-1881, 1863-03-07
LAWS OF THE STATE OF KANSAS.

thelr future Win the unHerlSeQ riches OF his
grace.
LAWS OF THE STATE OF KANSAS.
An ACT to authorize School Districts No
One and Twenty-Five, in Lyon county,
to issue Bonds.
Be 1t enacted By the Legislature Of tie State
Of Kansas:
| SECTION /. The Board of Directors of
School District Number One, in Lyon coun-
| ty, Kansas. for the purpose of erecting a
suitable school house in said district, are
hereby authorized to issue the bonds of
said district, not exceeding in amount five
! thousand dollars, or so much thereof as the
! Directors aforesaid may deem necessary, in
sums not less than five dollars, which bonds
shall draw interest from their date, at the
rate of ten per cent. per annum, payable
annually; and each bond shall be signed by
| the Director and Clerk, and countersigued
| by the Treasurer of said District Board, and
| shall specify thereon to whom the same
shall be made payable.
! Sec. 9. The bonds issued under the first
section of this act may be made payable at
any time within ten years from their date,
and may be negotiated by the said District
Board at not less than eighty cents on the
dollar. -r = s
SEC. 3. Said District Board shall levy,
annually, such a per cent. on the taxable
property in said district as shall be sufi-
Gent TO pay the interest on all bonds issued
under the provisions of this act, as the same
accrues; also, to levy and collect as other
school tax, shall be collected tax sufficient
to create sinking fund for the final re-
demption of such bonds; which taxes, when
paid into the treasury, shall be and remain
a specific fund for said purposes only.
Sec. 4. AS fast as money shall accumu-
late in the treasury for the redemption oil
the aforesaid bonds, it shall be applied to
the taking up of such bonds, in the order in
which they may be presented by the holders
thereof; and in case no bonds shall be pre-
scented, the Board of Directors may call il
and take up the same, and no bond shall
draw interest after the District Board shall
have advertised-by three insertions in th,
nearest newspaper to their district if there
shall be no newspaper published in the dis
. that they are ready to pay off th'
interest and principal of any bond designat
ed in such advertisement.
: SEC. s. Whenever the interest on tn
!, above mentioned bonds shall become due
" the same shall be paid by the Treasurer 0
the said District Board out of any money
in the treasury for that purpose, upon pre-
sentation to him of the said bonds; and b.
= shall designate on the back of each bone
= concisely the amount of interest paid, an
the date of payment and shall enter tn
same in book to be kept by him for tina
;, purpose.
= :, Sec. 6. All moneys collected by tn
y County Treasurer under the provisions c
y this act, shall be paid over to the Treasure
= of the District Board, on demand, who sha
give his receipt for the same.
Sec. 7. The provisions of the foregoin
n sections shall also apply to School Distric
4 Number Twenty two, in Lyon county, Kan
;. sag.
- Sec. 8. This act to take effect and be
4 force from and after it's publication; an
q Immediately after the approval thereof b
. the Governor, it shall be the duty of Il
- Secretary of State to cause the same to
:. published once in The EMPoRIA New
- which shall constitute such publication.
II l herr soy certify that the s.tc5ve bill ori2
mated in the House, on the 18th day
f. !: January. A. D. 1868, ard passed that bot
y, on IT,: TIC Goth dav of February, a. p 9 2Se
i JOSIAH KELLOGG,
3 Speaker of the House of Representative
bo A. r. BANKS,
IS Chief Clerk House of Representatives.
IS, Passed the Senate Feb. goth, 1868.
ch T. A. OSBORN,
Is, President of the Senate
re JOHN FRANCIS, Secretary.
IS, Approved February %, 1868.
10 THOMAS CARNEY.
STATE OF KANSAS, EXECUTIVE DEPARTM'
o. OFFICE OF SECRETARY OF STATE,
D. TOPEKA, February 94th: 186
v | hereby certify the foregoing to be trr
D. copy of the original enrolled law on file
IS ny ofiee.
ir In testimony whereof have hereun
rs L. s. set my hand and seal of office.
y A w n