The Cheyenne daily leader. [volume] (Cheyenne, Wyo.) 1870-1884, 1880-01-17
LAWS OF
CHAPTER a..

for the year corresponding, and shall be forthwith
thereof.
SEo.l 10. There shall be annually levied by the board
of county commissioners of said county, on all taxable
property therein, an assessment not to exceed five mills
on the dollar of valuation, which tax shall be known as
the "county bond tax and said tax shall be collected in
the same manner as other county taxes. and paid into
the county treasury by the collector of taxes.
Sec. Ii. The "county bond tax of Carbon county,
shall be payable only in gold or silver coin or in United
States treasury notes or national bank notes, and shall
be used to pay interest and principal of the county bonds
and for no other purpose.
SEC. u. The board of county commissioners shall
each year, after the first year, retire at least one-sixth of
tie bonds, beginning with number one proceeding con-
secutively upwards by paying the interest and principal
due, and cancelling the same; and whenever there is a
surplus of five hundred dollars and over in the general
fund" of the county, the board of county commissioners
are hereby authorized and empowered to divert and
transfer the same to the county bond tax fund and
apply the same to the edemption of the bonds authorized
market with the same.
SEC. Is. The interest and principal of said bonds,
shall be payable at the county treasurers office in said
county, on the first and ten succeeding days of January
in each year Sundays ~excepted, and if, after the payment
of interest on said bonds, any surplus remains in the
county bond fund, it shall be forthwith applied to the
redemption of the bonds in the order and manner herein
before specified: And it shall be the duty of the county
treasurer, under the direction of the board of county
commissioners, to notify the holders of the bonds to be
redeemed, by advertisement in some newspaper published
in said county for two issues, or by personal notice that
the bonds numbering them, giving the amount and to
whom issuedl VIII be PAID on presentation to the county
treasurer. If said bonds be not presented within thirty
days from such personal notice, or the completion OF the
advertisement, they shall fail to draw interest thereafter,
and the surplus funds may be used to retire other bonds
than those advertised or noticed, and Immediately in the
order succeeding; and the bonds advertised and noticed
need not be paid until the next year.
SEC. IA. All the taxable property of said Carbon
county is hereby pledged to the payment of the principal
and interest of said bonds in the manner herein prescribed
and it shall not be lawful to use or divert any portion of
the county bond fund" for any purpose whatever,
except the payment of the principal and interest of said
bonds, in the manner herein prescribed, until the whole
of said bonds are redeemed.
SEC. Is. The bonds and coupons herein authorized
shall be prepared by, and under the direction of the board
of county commissioners, and the said board of county
commissioners shall have authority, and they are hereby
authorized to negotiate q sale of said bonds for cash, on
the most advantageous terms they can for the county,
but not at a greater rate of discount than ten per cent. of
the par value of the same, and the money received from
the sale of said bonds shall be only used in payment for
the building of a court house, furnishing the same with
the necessary furniture, and improving the grounds.
The county treasurer shall have the custody of the funds
realized from the sale Of said bonds, until the same is
drawn out by the order of the county commissioners, and
he shall be. entitled to one per cent. for the safe keeping
and accounting for the same. 1t shall be the duty of the
county commissioners to exact of the county treasurer a
separate bond, in such sum as they may deem proper, on
behalf OF the county OF Carbon, for a faithful accounting
for the money deposited with him and realized from the
sale of the bonds as herein provided for.
Sec. Is. All the expenses of preparing plans and
specifications, advertising proposals, engraving of bonds
and coupons, negotiating sale of bonds, and treasurer's
percentage, shall be paid out of the county general fund
on the order of the board of county commissioners.
SEC. IT, Nothing in this act relating to county
revenue or in any other act of the legislative assembly
of Wyoming, shall be so construed as to interfere with
or in any way impede the provisions of this act.
Sec. Is. Before the provisions of this act shall be
carried into effect or any expenses incurred under this
act, the board of county commissioners of Carbon county
shall, before the next general election, cause to be inserted
in the proclamation of election and as a part thereof, a
notice that at the next general election,t he question of
bonding the county for the erection Of a court house will
be voted on, and that all those in favor of building a
court house in the manner provided in this act, shall
deposit with the judges of election a written or printed, or
partly written and partly printed ballot, on the same
paper upon which appears the names of the several can
didates for the several offices then to be voted for, the
words thereon, 'for the court house. And those opposed
to the building of a court house in the manner provided
in this act, shall deposit with the Judges of elections a
written or printed, or partly printed and partly written
ballot, on the same paper upon which appears the names
of the several candidates for the several offices then to be
voted for, the words, against the court house,
Sec. 10. When all the votes in the several precincts
in the said county of Carbon are returned and canvassed
in the manner provided by law, if it shall be found that
a majority of the votes cast are "for the court house,
then it shall be the duty of the county commissioners of
said Carbon county to carry into effect the provisions of
this act, but if a majority of the votes cast are "against
the court house" then no proceedings shall be taken and
no expense incurred under this act.
Sec. 20. 1t shall be the duty of the board of county
commissioners, should the vote be sfor the court house,
to advertise the sale of the bonds for two weeks in some
newspaper published in Carbon county, or of general
circulation within said county, and such bond, or any of
them, shall be sold to the highest bidder for cash; Pro
Uded, They shall not be prevented from advertising in
some newspaper published in some recognized money
center.
Sec. 81. The material for constructing the walls OF
said court house shall be procured from the stone quarries
of Carbon county.