Tombstone daily prospector., 1890-08-07

with The Secretary oi the Territory Hnd re- corded by lln in book to be kept for that pui ipase. And the said treasurer shall stand claTsrd upon his official bond for lhe faith ful performance Of the duties required of hiin under this act
 Par, 9a.t See [ The Territorial treas urer shall sell sand bonds for cash CT ex change iien Tar ssy 0f The indebtedness, fer ihe red nptioa of Whieh they were so issued, but in no case shall said bonds be sold or exchanged for less than their face or par value and tIe accrued interest at the | time oi disposal nor must any indebtedness De redeemed al more than its face value and any interest that may Dc due theron
 That said treasurer shall indOrse by writing or stambing in ink, on tLe face .; 1 the paper evitleneing ;he indebtedness re | ceived by him in exchange for said bOnds the time when and ,he amOunt for which ex. 1 changed.
 Par, 2D4G Sec. $ Moneys received bv said treasurer. shsll be applied bY hiin to the redemption 0f the indebtedness, for the re ! demption of which bonds were issued and | tue treasurer shall give notice as is provided ! by law in case of payment and redemption | of Territorial warrants, of his readiness to redeem such indebtedness and theraafter i interest on a.l such indebtedness due and ' outstanding shall cease.
 l 'Befp-c any such indebtedness shall | paid the Territorial auditor Fhali indorse on ! each certificate the amount due thereon and
 
 | date of its surrender and the name of the | pcTsna surrcnderiBg, and shall keep proper | record thereof
 Par. a0I7, Sye ,. There shall be levied | annually upon ihe taxable property in this | Tcriitery and in addition tO the levy f,r other authorized taxes. a sufficient sum to | pay the interest on all bonds iSsued and ] disposed of in pursuance Of the provisions Of ghis set to be placed in the Territorial treasury 1 in tiie fund to be known as the Interest Fund. 2 A-H srfra asHa zkazff ka.aa l zen issned such 2ddititional amount shall De 1 Ieyied annually as will pay ten per cent Of u.s 1 total amount issued until all the bonds issued under the provisions Of ihis act are paid and 1 discharged; nothing herein contained shall be l construed t0 prevent the iegisiaIure of Arizona ! from creating sinking tund during the life oi
 sad bonds tor their redemption al maturity.
 The Territorial Board of Equalization. O'
 ou their failure the Territorial Auditor shal
 determine the yate Of tax Co be levied in the
 different counties ir tA5 Territory b carry "u; | the pfggieiOns nf this net and shall certify the
 same Co uie Board oi Supervisors iR eaci
 county and to the muaicipal or school aTsth5r
 ities, are hereby required 10 episT such rate of
 their asS-ssr-elI rjlis In the same manner and
 WiIii inc same effect as is provided by law in re
 iation to other I erritOnsi. county. municipt ] and school taxes. Every tax levied under ths
 made a lien against ihe property assessed l which hen shall attach on the first Monday ir ] March ia each year and shall not be satisfied
 or. T,.a0yrd until such i,x has been paid
 I Al moneys derived from taxes authorized b, l the provisions of tlis act shall be paid into th'
 Territos iai treaSSry and shall be applied-
 "FIrst to the payment of the interest Of th, ! houds issued hereunder.
 second To the payment Of the principal O 1 suCh bJnds: Provided That all moneys re 1 manning 10 the interest iand after the paymeR { of the interest and all moneys remaining iL th,
 redemption fund after all said bonds shall hsy
 paid and discharged. shall be transferred by th, | Territorial treasurer io the ssid general fund. Par zo4S Sec 10. Whenever after the ex
 piraiion Oi the fifty years ftom the date of issu
 ancc of aEy bonds under this act there remain
 after the payment ci the InterrsI as provided n
 the proceesiIng section a surplus Of len thousEn, dollars or more Il shall bg the duty of the Ter
 TitoTial treasurer Co advertise as in the mlune i of advertising by the loan commissioners fo
 bids for sale Of bonds. which 'adFcrtisenlsn
 shall state The amount of money ia the redemp lion fund and the number Of bonds. numl'erinl
 them n order Of their issuance. commencing a
 the lowest number then outstanding, Riicl
 sli-h fund is set apar to pay and di scllarge an,
 # such bonds SO numbered in such adSertisfnen
 shall not ba presented for payment and cancel Iaiion at the expiration of such pablicatOn thei
 such fund shall remain ID tine treasury 10 dis
 ehafe5 such bonds si+csesef presented lstta the
 shall draw no interest after the expiration Q 1 such publication Reiore any snch Gonds shal
 oe paid they shall be presented 10 the Icrri;or | ial author Nho shall sndOrse tu each bond th , l amount due he con and shsli write across th 1 face thereon the date of its surrender and th | name of tbe person surroadsring. The Teui | tofiai Auditor shall keep a record of all bond
 issued and disposed of by the TcrritoTial treas arer shOsing their number. rate Of interest. dat } and amount ot sale, when, where and 70 whor ] l payabie, and fl exchanged for what. and vhe 1 preseaied for the redemption, ihe date, amour
 due thsreon and person suueaderng
 Ihe hrzrfis oi supcrVifBrS of q C coEuta cs, tb } Hunieipsl ss.d seb0o! susboriiies are se-eby ar 1 thortzed and directed 10 rcpoft to the ias. con ns s-i nsr= or tue Ter teTy tbe bonded and ou ' 1 standing indebtedness a1d said loan foqsull. ] sinEe may. on written demand, r,qpire SD oft ciai report from the board Of supervisors of coG tier the maai, pai 9r school authGri iss oi tbel
 hon sei and Ou- standing indetitedEes-. and sas l0sn eommi, sicnt rs sha prgs C fcr me redeem ! irz or refnndies of lhe comfy, muniriBsl sn school diitriet 8drbsedHess. np0a tEe oilc al de
 ma .d CT $ id anIhorsfies. ia tue sanr m4-nsr .
 oth. TerF' 'oris iT et.seuess. aud they snail is-n ! oaufs Cor any incc1 edae-s n0w alioXed, or ths [ 1 may 5e hereafter sioWed- by las to sad osHn'J
 sieipa fly school disirsct, npou cficial d 3 mand by safi sstaer ties. The county aaunioipa ity or s.h03 Gislriet Co paz i1tS tsc Terrifo-i, reesaTy iH addition ti sil etaer fsxe' tatherize by lsyy, sreh EuogEt- ss may b= di-eeie8 by ih Terli 0-iai noaTd of equsiizst,or, t1eir fsi uIs hy tae Territorial uaEityE. te Dc etei for ts piymeaS of the pfis.espai of the bosds issBed . ' | Tet=mpfo-. fs1a. ne or otaer band' issges {
 snrh county. muu iclp-I Iify zsh ol di-fricf wbe
 tte sane sDaii tsJ .5s dne, aud ia aG1i ioa rat [ I Par 204s. See ii When fke [ ca>Grcr pays q , | fe-ecns any iafiehtsfr-ss he -haa indorse. D
 Ertfin or stamIi iE iak oE the face ol he papa cvideneiBg sHch indcsHs4oess pad resie snef fhe Word- Te4eemet aud esnreiCd.' win he dat or cancellation. Hs shaii Eeep fail aud Ferfict lar account aad Fccari of all his Procesdiags uf
 ce- fs.s =s f and of fhe bonds rsd emed a1d sal ! iesSered. anf ke shsi transmit 0 tie goveroc an abs.rsef of al his p-oceedlnas Ersef ts5s as yiih tis E11nsl surt io he by th- gcvSrf es, lsi r tcfo-c the legislature st ifs mcnfiag. Ali hosk s am papers I,e-laIning fs the motf,r provided ]
 thi- sff shai at sii tine, b. open 10 fhe iusDei
 iion af fhe pa-ry interested nr tse governor. oz. comm lee cf eitheg braI5ch of the c.i-lafufc, ] jsin- commit ee of bosh-
 Par. a11. sc i1. it shzH Bs fhe dutg CT ta | 1 Te~ifo-f1 tr,ssurcf to Fay fhe iafeIest On ssi hOpd- when tbe same ftiis ne oat of 7sid inleses ! 1 fauc. f sufncants ald 1 ssif fnnd be not sufs ciert fhen p9y hs sicfe@rey out of the gcuers fund- prosife 'hat ffe re-rf Giai su.iit 1r shk first draw nis f1e tsrsi ori Il trslsure l psyabe ts ths otier of sni sreasHrcr, Cor fh A as cant sf s1cs GefeaucF out sf te general funt Par. eO5I. See F. Ii ,hsi be the eaiy of sz.
 loaa c m u5i-si 5Ec-s io maSc a full report sf 6
 t.cir procssfisgs had au Ger tne yrsri=son thi ]. ! aff fB e EoVerusr of tcso-c Ike srFt day C Jsnrafy of essb yeu Snd saif fe2oris shsIl ! 1rsBsmifted hy t-e Co tse Tcrzi;srsai ei f --a. sfas.