Vermont phÅ“nix. [volume] (Brattleboro, Vt.) 1834-1955, 1874-08-21
BRATTLEBORO, VT, FRIDAY, AUGUST 21, 1874.

organization OF said board and of the pres
cut government of SAID District aud fOi
the purposes hercinbrfore specified shAl
have the power Ia subpoena witnesses, adj
minister Oaths, and examine witnesses
under oath, and shall have full access tu all
of the records, books, papers, aud voucher
Of every Kind whatsoever Of the board
of public works aud OF the District of Co.
lumhia; and 10 the end that said books
aud accounts may he thoroughly eNainiu-
cd, and the Indebtedness of said District,
aud Of tho board Of public works, aud the
state of the looks and accounts of each III
the officers Aforesaid, may be accurately as-
certained, shall CInploy one or inOie skill
ful aud Impartial accountants nonresident
Of the District Of Columbia. and such other
assistants as they may deem necessary, to
make examination OF said books, vouchers,
and papers, and discharge their other dn-
ties under this at, and shall procure in
spection Of such blank books and papers
~ may he necessary and they are hereby
authorized to allow for the services of such
accountant or accountants and assistants
such sums as they may deem proper which
shall be paid by The Board of Comm issiOn-
ers Out Of The revenues of said District
And said accountant or accountants shall
take an oath to faithfully discharge the du-
ties imposed by this act. Said board Of au
dit shall give notice for tho presentation Of
llt tlhlUlS utTtluDtlOIt SDetlIltt III NuNH
manner as may he deemed necessary; aud
no claim shall he audited or allowed uulcss
presented within ninety days after the first
publication of such notice, and said board
shall make full report Of all thcr actS and
proceedings to the President, to he by him
transmitted To Congress ON the first day Of
the next session thereof Each of said OF
hcers constituting said board shall he paid
the sum oi two thousand dollars for his
services under this act, out of the funds Of
said District, in addition to bis present
compensation.
SEC. 7. That tho sinking fund commits
sloners of said District are hereby contin-
ued and ii shall he the duty of said sink
ing-fund commissioners to cause bonds Of
the District of Columbia TO he prepared, in
sums of fifty and five hundred dollars bear
ing date August first, eighteen hundred and
seventy-iour, payable fifty years afler date,
bearing interest at the rate Of three and six
ty'five hundredths per centum,' per an
mum payable semi-annually, to be signed
by the secretary and the treasurer of said
sinking fund com missioners and counter
signed by the comptroller of said District,
and sealed as tho board may direct which
bonds shall he exempt from taxation 10y
Federal, State. or municipal authority, en-
graved and pr lted at the EXPENSE Of the
District OF Columbia, and in form not in
consistent herewith. Aud the faith of the
United States is hereby pledged that the
United States will, by proper proportional
appropriations as contemplated in this act,
and hn causing to be levied upon The proper
ty within said District such taxesas will pro-
vide the revenues necessary to pay the in
terest on said bonds as the same may be-
come due and payable, aud create a sink
tng-fund for the payment of the principal
thereof at maturity. Said bonds shall be
numbered consecutively, and registered in
the Office Of the comptroller of said District,
and shall also he registered in the Office of
the Register of the Treasury of the United
States, for which last named registration
the Secretary of the Treasury shall make
such provision as may he necessary. And
said commissioners shall use all necessary
means for the prevention of any unauthor-
lied or fraudulent issue Of any of such
bonds. And the said sinking fund COM
missioners are hereby authorized TO ex-
change said bonds at par for like Sums of
any class of Indebtedness in the preceding
section OF this act named, including sewer
taxes or assessments paid, evidenced by
certificates OF the auditing board provided
for in this act.
SEC. 8. That the authority conferred on
the board OF public works to issue addi-
tional certificates of Indebtedness by Sec
tion four OF the act OF the legislative assem-
bly, approved on the twenty-ninth day of
May, eighteen hundred and seventy-three,
Is hereby aunulled. No property shall be
dhNcitlccu lOl bdlt VI sOlu lut COlltSllOH
OF any assessment authorized by the legis-
lative assembly bv the act entitled "An
act creating drainage and sewerage section
in the cities of Washington and George
town, in the District of Columbia, and pro-
viding for the payment of the construction
of sewers and drains therein by assess =
ments and issuing certificates therefor
approved on the twenty-sixth day of June,
eighteen hundred and seventy three, until
otherwise ordered by Congress: and II
shall be unlawful To issue any further GER
tificates Of Indebtedness authorized by said
act.
SEC. 9. That no board or commission of
which the governor is eX-ofiicio a member
Uhe board of public works excepted) shall
he abolished by this act, but the members
OF the same, other than the governor, shall
constitute such board or commission.
SEC. 10. That the act of the legislative
assembly of the District of Columbia en-.
titled "An act TO fund unsettled Liabilities
OF the city of Washington, and providing
for the issuing of the bonds, and levying
and collecting taxes to pay the same," ap-
proved June twentieth, eighteen hund red
and seventy-two, is hereby ratified and ap-
proved; but none OF the bonds authorized
by said act remaining unsold shall be
negotiated or sold at less than par.
| Approved June 20, 1874.