Knoxville daily chronicle. [volume] (Knoxville, Tenn.) 1870-1882, 1881-04-29

his district judicial powers to hear and de-
termine all cases of offenses against the
by~laws and ordinances of said taxing dis
trict and impose fines on offenders when
found guilty, and to commit them until the
fines are paid. In the necessary absence
of the president either of the other COM
| nissioners may exercise such judicial
powers.
Sec. IL. it further cted, That there
is hereby levied within all the taxing dis
tricts which may be organized under this
act tax OF one dollar on every one hun
dred dollars Of taxable property, and on
all merchants and privileges a tax equal to
the general State tax for the purpose of
the government of the same. The property
shall be assessed by the secretary and
financial agent, but the assessment shall
not be at higher valuation than that
made for State and county purposes.
| The taxes are also to be collect, by the
secretary and financial agent and for this
| purpose be is vested with all the powers
co Inferred by law on the collection Of State
and county taxes and lands shall be con-
demGe and sold for failure to pay taxes
| in accordance with the laws of the State
Sec. II Be it further enacted, That it
shall be the duty of said board of commits
sioners after the asse sments shall have
| been made to make an estimate of the
amount it will require to defray the ex-
|
economically administered, and what per
cent of said levy of one dollar it will
require to pay the same
z, ovided, that no more than fifty cents on
the one hundred dollars worth of property
and tax in privileges ebual to the State
tax shall be collected to defray the current
expenses of such taxing district. But the
| remainder the levy or any portion of it
may be collected for the purpose of pay z
or compromising any debt OF the extinct
corporation, or for paying the interest on
such debt End Creating a SINKING fund for
the payment Of the principal.
Seer IL. Be it further enacted, That the
secretary and financial agent shall make
monthly reports of is col ections to the
treasurer pay the same over TO him and
take .his receipt, therefor, The treasurer
shall keep an account in a well-bound
DOCK OF all receipts of money and disburse-
ments, showing from what sources received
and on what account disbursed He shail
not pay any money out except upon the
order OF the president, countersig ned by
the secretary and ii lanciai agent and he
} shall Tile and carefully preserve all such
| orders
!. See 4. Be 1t further enacted, That the com.
mlssioners shall once in six months report
to toe county court the condition of their
district and give q full account of the
financial condition of the same containing
Lne amount or recelpS and disbursements
and the cost OF each department OF theil
government.
Sa'. Is. Be it further enacted, That any
taxing district established under this &C
snail be known by the name of the town o.
e city at the time the corporation became ex
t tinct, and all suits by or against Sail dist
riot shall be brought by or against the
| board of commissioners of the taxing
t district Of Process served on tht
3 president or in his absence from the coun
9 ty, or either of the other commissioner
shall be sufficient
q Sec l6. Be it further enacted, That moth.
. ing in!tnis act shall be so construed q
0 permitting the retailing Of Intoxicating
, liquors in such taxing districts within fou
n miles Of q chartered institution of learn
ing.
g Sec. II. Be it further enacted, That thi
s act take effect from and after its passage
q the public welfare requiring it.
! Pissed April l, 1881.
Il GEO. III MORGAN,
, Speaker of the Senate.
II. B. RAMSEY,
: Speaker of the House of Representatives
Approved April 6, 1881.
ALVIN HAWKINS,
i Governor.