Gold Hill daily news. [volume] (Gold Hill, N.T. [Nev.]) 1863-1882, 1865-03-18
MISCELLANEOUS ADVERTISEMENTS
AN ACT
To Provide for the Payment Of the
O0IstundinK ladebIrdnesS Of the
Town Of GaOld Hill, storey cOuniy.

The People of the State of Tsradd, TepressRtsd in
Senate aud Assenbty, do enact az t0sLgDs:
SECTION |. For the purposes hereinafter men
toned, the Board Uf Trustees Of thar Incorporate
body known III g The lnhaUitants Of the Town oi
Gold HILL" are hereby empowered and aufhor.
lied to levy aud Collect during the Year A. d.
tlS6iO eighteen hundred and sixty ive, upon uil
the property within SAID tUwn made taxable b!
the laws OF the State OF Nevada, furfher and
additional lax than is provided iu the charter If
said town, of tifty. (51) cents upon the one hun
dreL dollars.
SEC. 2 The time aud manner of levying and
collecting sud additional lax, snail be as provided
by ordinance Of sai Board. I'D. .....- ......
SEC. 3. The revenue arising from said special
or addtIgnul tax shall be bet asEle IN Il RsdehIp
tiOn Fund, and the said BoHrd 0f Trustees are
hereby empowered aud required ~ set apart nifty
per cent OF all other moneys now In, or hereafter
to come into the treasury OF raid town (unfil al
the outstanding Indebtedness OF said town shall
be paid, which nifty per cent. shall beeour part
of said redemption tuud. and shall be used "Xelu.
sIvely TOR the payment Of the outstanding indebt
ednesS of said town in the manner hereinafter
provided The remaining htty per ceAt- may De
set apart and used tor the paymento OF the current
EXPENSES of said town.
.EC 4. No money shall be paid out Of the said
redemption fund except BY urter Of said Board 0t
Trustees, and IN the manner by them directed
And II shall be lawful for the sald Board Of Trus
tees from time time, whichever there shall Uc
sufficient sum in said redemption fund.- to give
notice by publication in some newspaper In said
county OF Storey, that sealed proposals directed
TO the President of sald Beard, will b received,
for the surrender Of town warrants bonds or other
legal evidences Uf Indebtedness Of said town or
corporate body known as "The Inhabitants Of
the Town Of Gold Hill," and that such f.:dled pro
pOsRls will be received until day in bid notice
stated. .
SEC. s. After the expiration of the tine named
in said notice, at meeting of said Boar. Of Trus
tees, such sealed proposals shall be o.'"ned, and
said Board shall accept the lowest hh.s for the
surrender of sud warrants, bonds, or 't!ter legal
evidences OF indebtedness, specified In he precr
ding section. NJ bid for more than par value
shall b. 30 accepted. When any bids al accept
ed the Clerk of the Board shall take description
of the warrants bonds, or other legal evidences OF
indebtedness TO be redeemed, specifying the
Am unt to be puid for each of the same, ihe date,
number and amount thereof, and make record
tn reof In the journal Of said Board and such
warrants, bonds, or other legal evidences Of in
debtedness shall be ordered puid, and the same
.hull BIZ Cancelled BY writing IL red ink across the
tace of the same the words Purchased aud Re-
dpere.l," adding the date Of redemption and the
sum paid for the same aud the said sum shall
be paid out Of the said redemption fund. The bid.
specified in this act being equal, preference shall
br given 10 the smallest amount. That shall Ge
deemed the lowest bid which offers the largest
amount of warrants, bonds, or other legal evil
drnres of Indebtedness IN par value, for the
sulalleBt amount Of money. The bids aud amounts
Of warrunt bonds, or other legal evidences VI
indebtedness being equal, taking into consdera'
tiun both principal and interest," and SucE other
rQulirs an may exist in the premises. eueh shall
be accepted, pro rata, u nearly AZ possible
SEC. g. Allega claims or demands WI soever,
such az oouGs, warrants, interest con ions, and
other legal evidences of indebtedness Of ii Cor.
poratu body, existing or outstanding at tue time
Of the passage Of this act mny bc purchasable a.
herein provided from the redemption fuad Of said
town.
President If the Srnnte.
L. B. MOORE,
Secretary Of the Senate
c. W. TOZER,
Speaker Of tn Assembly.
U. E. ALLEN,
Clerk Of the Assembly.
Approved, March 9Th, 1865.
HENRY G. BLASDEL, Governor.
STATE OF NEVADA, Department Of tate. ss.-
Len. SOtpwarr, Secretary Of state, do hereby
certify that The foregoing Ia true full IN correct
copy of IN Act Of thu. Legislature Of said state.
en;itle IAN Act 10 provide for the payment Of
the outstanding Indebtedness of the Town OF Gold
Hill. Store, county" approved March 9Th. 1865,
and now Oh fle in my Office.
<-~->, Witness my hand. ami the Great Seal
y, &c Sfata harnfn IA bxad Done nj Office.