Arizona weekly journal-miner., 1890-07-30
AN ACT
Approving, win Amondmenss' '"e eurolna act of Arizona.


 p.,, enacted sy the sena.e and house os
 nsnaIsssves ns n 1f the United steies .. A ia srIea in eonsr ss ssseflioie tass s ,ssT of the revised stetntes af Nfis'ns, ss sod sr c.n as .rltIe xxNt-Fundinks ps ~ ~ n s ow asv smended so ss f,i read as fotioA and tnss x amended the same is ne.sss ,ss ser. proved and eaniirmsd s.:rss,s sa eslsxxSlnFandIng ,.sn finspter one T,srritaTiai, couitty,
 an ,irlpal and sehooI district indnntei ,-...,
 Par so ssss l1 sp for .il me pss Of ihe on st1ndinE and existing intenesan. ,,s the turrIloEy of Arszons. ana sue ,,.,.ae,-ed ,o,
 , h,sd ness ss may he oy fs DOW antno.iAsa = a. ,s.. tha xoyeraor of tns said terfltoryi ss'yssher with he tsrrilorIai auditor anu 'ea riie,iai seer'tsIy; s's ass ss.,r,, sf com sais.
 .'s.sr. to bc styled she loan com nal- sloue s,s me territory af Arizona. and sasll nave
 .nd s1srcise ,sssa,.,atlss ins pprsviaea. pS~iisa ~
 d9uss ,, ssse ssrr 9t IL shall be- and is here
 nv declared the duty Of see loea ca = ' ..,s .,
 .sy,,sr..rs fo ptov.fie frr hne pay in ent or tue
 s.,stsng tsrrii n 4l inaehssfness due aau eo
 ecotne due. tifat ts n9N of - a' ' Nett
 after, authoFizei bS fsw, hu ls'f pua snr esr
 of rayfng reseemtng na ref ndang sii os
 any hart oi q c era, iPsl sud integt of
 eitnsr Of the eSistina and ssesisiing tersi.os t.
 rial legal tndebts meas, aud a so tiiat Nn'sn @
 n,as sf any time bseoue due, or is now, qf
 n,sv bs hereaftaf, aafhofis d hf iA~. inc s.lo
 com rn issiorer sh.ii, frsn u ne 70 ass, s..sf,
 ,.,,, Ehsa tbe same .n be uone at s 70 yer
 rsie of interest aud ths profit anu oensh'
 " .a. ..s s.si .-.s. | said bonds shall be is-
 snsa ss near as prartl able Tn den iattstions
 of oae thoussed dollars hui uonas ai
 i.,yef denonlf fnat or. nos icss th.a t~o nue-
 s,ssd srd fiftN sisltaF< may De Issued Wiie
 t..s- ssry Said Dosds saA II bear tuttfesh "
 rale to uxsi es .aid os com ,,..
 annuru w seh interest shall be paid Eoiu
 coip or it's sqal9sisnt in tsw al moneS es
 il,.s u0lt... sSt les on the hfie nsa day f
 tso,.x In each yest- at ths office of the
 ser,itoriais treasury. O- at such b nk "a the
 efty of New York is the stass of New ! ietks
 or In ths city of San fss' ei 70, in tue sts.s
 os ss lsfsrnia. ss nay sttgnstea by said
 loan ccmuas ianers at the q h"n of tno
 ps chaser of saii bonds. the r zee i Eas. Tss
 n i elpai tf ssid Doals s,asii te ma le pAyh-
 ,.ls. ,n .s wful asoney of tna United ssates.
 Gff years after i6e date uf tneir isfhs. oot
 :. ay be redse ned aitoF iwehey year
 ..Ihey shasl bear the date of ths'f lsks e.
 sta a when, wa fo and ts whnm pay @oi.' :
 ,saasaat | pe st nsd h ssid Soan Sotu ms
 ssrners A ad ali haze he ss'ai 4 ih si-
 ,g.sy fisxed thereto saa eosintefslKnrd og
 Inc ter itorsai tretsuTer aDd bear his ofacis3
 sr,.f ana ehaig hH isistFed Ds Lns terftts- ii al radis or m h book to bn ktpt bS slfa i'r
 the purpose, winch Aitsa tate aan oiant sSid
 for or, II aAt lAGfS q, r whsl- aud ttte fetst
 ant ersais of the tefFit " IS herroy pl .vSes far the pas m nt of s~to b5nds anu tue n ter, st a ofu1ng h-reot. Es herein pro tlde1 Par aQsL- tsec. | coupons lor the interest sh sll be attached to each I'd. so tiasst they may be renewed with sut lnJusS et mu lta- ,ioo to inc bond They shaii be CoHss cufive- iy uumDered and hcsI the same au ter of the bond which they are kitschtd. ana shall he signed ny he terfitorisi trsasng T. .srhe sal,l coupons shait cover tb Interest exprs.s..si in sala bond from t.ie ate of issue u nil pa c, bus tp ueea ( shall bonos bear iu- I rest ar saaiI asy pte C De paid te efeon. for any lifae before herr olfss'Fy to he pdr aha.eT as hes efn ~fseE pF'sT.des.
 s.far. A aS. tSte. A) heneysr IL kit d iosn co m tnIsslo Etrs nsas ba sd'hoFised oy iaw Se lssue bouas. or shsI have deri ied 10 <efund or redeem all or say part ot the existing in- dehl edness of this serfg.ory, they sha'i dl- reel the torfitoriai tfsssufe to al v rs.se ioe ss ls of tue ponds to be ssuea Tor thss pn . pose, oy czus4ng a notlce CT such sale to Dc puhllsnc sor inc period of On mouth .a some saiiy ns @spapef Pu uotished at ths e D. in d newspaper pc nis shed ln tiit Ctty New York, in inc ate of New Tank. aad iii the forpis, such notice snad spear the slits'ssu of b n is If ue oid. The ?. .scs,dly aud b5ur Of | sale. and that the esds wili oe recstNec ey said tr. ssuFer fsr tb pUFen sss of kaId bonds wlfhin one month tram the xrtra ion of "a q publiea ion:sn al tas place and lime named sa said notice tae Sa d treasurer and Ioaa ao tii uissionefs shat opeu sll bids received oy utm and hi all award Inc purchase Yf sid bonds. or any par thereof so the Dsd T or bidders therefor bidding the lOsest rate ot interest: Provided, fe sa 4 han cosnmis- sioners shaii have tn right to itJert any ana at uids. And pfoyidei fafsAes, That tney may sefu se ta make any award unless suf1- . | c eat security shalt D furnished oy n ae bid . der or bidders for the compliance with the tes nas cf tbeif btds
 IT. bonds shsii eo awarded bs the loan cenmis- sionrrs They shAH proyiae aud procure he necessary hf n..s ss 70 this act provided. and any expense ia u red py them ersinr, for the lubacstien of sad notices, est ef re mitiing itlnds for tue payment uf interest or a,ot ey on said bonds, snd all other neeess. rs hcldeatAi expenses under the provisions of thfs ae- snau be paid sat Of the general nd ol sad territory, upon the order of tho terri oriai asditor, coaniersignsd by he gov ssnor, aud & sum of morey sau cieas 70 cover sad (, sts aad expeeses Is hereby ap- ptupfiated out o sad tgnd.
 ~Thcy shall flous lme to iine. after sign- ing said bo d., deliver them tu inc ters to- rid treasurer. taking his rs reipt therefor. and ehaFg. hsm ih'fs with. Ike said krsss- ures chan civ | tho teIrifoty ol Arizona an add iionsi aili, iai bond wi.a tss or more sureties, in sum equal to the amount of tonds delivered lo him by the said loan com missIo CTS, which bond shall be approved by the goyerhsr and deposit |. ans. filed with the seer " Of the territory. nj records sd by him in a book kept for that puipose. A d the sa q treasurer shait staud rh rxed u on his official boud Tor he faithful pcrtor nance of the duties required ,f hun unde this act. Par. 3uf5 (Ssc. 7.) Toe tuITit1rtai tIe S. uror shall sell said ,ndS for caSe. or ex- change them for aey oi the ird b6eGaess T the redemptisn ot which they were So issued but In no case shaii said eonds b. sold or exchanged Tor less lhsn their face or par value and the accrued intere al tht lime of disposal no mas asy ind b, dne $ he re- deemed al morc than Ils .ss value and any interest that may b. tae theTeop
 That said trT.as arcr shalt indo SC, by writ ing or stsmping h ink, ua ihe fsce of the
 paper, evld neing h. m ebteaness received
 hy him ia exchange for sad bonds, the tiIi.., when a he am3un for which exchanged. "Psr. s4G (Sec si MAney< lived by
 ssid treasurer shall b spoiled by him to he redemption ot the indebtedness, for the re- demption ef which bonds were ,sSalesi and
 the treasurer shaii give notice, as Is pro-
 vided by law, in case of payment aud . demption of rritorial warrants of his
 readiness to T, deem such indeh.edn &, and
 thereafter interest on all such indebtedness due and outstanding shall .e SC
 "Befofe any such indebtedness shall be paii the teIrliori auditor shall indorse on each cei uiiesie he amount due hereon, md sh sll write across the face o' eseh ihe date ot It's surrender aud the name of the person snr-
 rendering, snd shall keep proper record thereof.
 sPar. so45. tSee O There shall Dc levied annually, upon he taxable property in tAis ter itoTy, and in addisioa Q ths levy for other au, horiSea | xrs, sufficient sum to pay the interest ou all tonds Issued and dis posed of tn pursuaree Of the provisions of this act, 10 be piaeed in ihe territorial treas. ary, in the fund to be known as the interest mnd. And nfty years afl CT such bonds sb all have been issued such additional amount sha be levied annual as vii pay len Ter eent. Of the total am luat issned until ali she ponds .ssued under the pr, visions of this act are paid aud dischsrg d: Lolhug herein coo ,ained shall construed to ,,iesett the legislature of Arizous from cr.atiag sink. x fai d darinK ihe Ii t oi said bsnes Or their redr mptisnn at msturiy.
 The ers 'srial b .ari si 70 s,.i xatIea. sir. on their failure, the rsryfiarisi auastor. shah etermire h@ rate oi tsx to ba feVIe f m, dfnefent counties In the territory ss sarfv out the pr visions O th.s act. ans shafi cRrff fy the same fo the b ars si sapsr, ieors {,, ferh .. unty ass to th nunir fsai IT shooi sa thofifies and the aid bf ard of snsix tsp a ar autho itles. ar hegehs. distcted a d rsqR.ra,t to epter such rate on fbsfr assess nent rolls m tnc same manner and with the same effecs ss IS provided by aw ID relation to oths f ter- | rltcria county nun eipal and school taxes Every tax levied under the provisions of ans | tnortty O. thlS ast is hereby nnais. s lien | against The pfopeity assessed, which lien snail attach on the first Monday in March in \ each year. aud shall not bc satisfied or re = moved until such tax has been pad
 I All moneys derived from taxes authorixed ny ne proyfslcns Of this set shalt be paia into the territorial treasury and shall be appied- "ktrst. To the psYuiest of the Interests or, | the bonds iSsned hereunder.
 "Second- fo the payment Of the prfpefp of such bonds Provided, That ail moneys re- m ssning In the interest iund alter sshs pavs ment Of the interest, and eil ciopeys remain ing tn the .redemPtion fund after all said bond shah have hcen paid and siiaoh arSed N Nh bal H