Tombstone daily prospector., 1890-07-23

-l- mis sioners, hich hoad shah 5e approved by the Governor and deposited and filed With tbe Secretary of tic Territory snd se- corded by him sE a book to be kept for that purpose And The said treasurer shall staHd elargsd upou ilis official isvnd for the faith fil performance oi the duties required Of him under this Rct
 Par. asi4s. Sec. 7 The Territorial treas urer shall sell sad hOBds Tor cash CT ex change them iur afy uf he iudr btedRess, for the redemption of uhieh they were 90 issued bat in no ease siall said bonds be sold or cN hanged for less than their face or par value and ite accrued interest at the time of disposal nor mast any iEdeb, edness be redeemed at more than its lace value and any Interest that may De due thereon
 -1hat said treasurer shall indo -se by writing or stam ing ia ink. on tLe face ef iise paper esidepeiug the indebtedness re eViEsd by him in exchange for said bondt. the tune when and the amount for which eN- changed.
 Par 2UI6. See. s. Moneys received by sa q treasurer, shall be applied lil hin, 70 the redemption of tke indc 5tsdHess. for Inc re- dcmplicn of which bonds we're issued and thc treasurer shall give no'iee as is provided bl lae iu case ot payment and redemption Of Territorial warrants. 9l his readiness to redeem such indebtedness and theraafter interest ou all such indebtedness due aud outstanding shall cease.
 'Befu any such indebtedness shall bc paid ihe Territorial auditor hall iDdorse on each certificate the ana suGt due thereon and shall write across the face of each tue date of Us surrender and the name of Inc persoa surfendering, and shall keep proper record thereof.
 Par. aOI7. Ssc9, Theee shall be levied annually upon ihc taNabir property iu this Tcui;Cry Auc in addition ta the leyv for other authorized taxes. sufficient sum lo Day thc Interest ou ail bords issued and ! d. a s.F A.. .a.. a F a dis acf tc be placed in the Territorial reasury in the fund 10 -e kauaa as the Interest Func. And fifty yeass after such h8nds sha. have b eu issued such dditii0aal anlUani shall be iev.sd anuuslis as Wiii pay tsn per cert Of thc tuial amount issueJ until ai .ile bonds issued uDd-r Ihr provisions Of ;his sci are pad aud d,schtrgeG; ns tf.us herein contained shlD be e,asJrned iu prevent the Lesisll;Ure of A5izona ifOaa creating sinking fund during the fife of sa q eoad, fo5 tteig rciezIptIJa at maturity
 The Territorial Board 0i Equalization. or o-l th .r li Ir;. ihe le-Htoliai AUdi,0r shall determine ths rate of tax ts b. levied in the tC-riiJ counties 60 t15 crsi;,r} Co carry Cut Che prOvisisas oi It.s sct aad shah c-tUty ehe sane tO tie Board oi Super.is0rs iR each eoUuty aad t8 Ire mG'iciSai ur chool anlhor ites, are hereby required to enter such rate oa i tseir ass SsuenT Toiis iu he same manner and Nitb the same elfeCt as is provided ty law iu re ! lati1u To other territorial county municipal
 
 presisioEs O. authority oi thfs aet Is hereby made a hea against thc property assessed ! v iiich lien shall at.ach on the first Moudsy in March in each year and shall not hs satisfied or removed until such tax has been paid,
 ".Aii uaoueys derived from taxes aulhosized by the provisions offiis act shall De paid into the | Iernio,ial uessuIy ard shall be applied- -Firsi Co the payment ol the interest Of the hOuds issued hereunder.
 Second Tn the plyment of the principal Of such bands: Provided. That all moneys re | nssinipg in the interest fund after the payment ei the iEteFrst and all moneys retnsin1ag iL the | redemption fuad after an sahl bonds shall have pIid and 1ischaTsed. shaii be transferred by the | ieuitOTIal treasurer Go ghe sad general fund. ! Par 2ozS. See 10 Whenever =fter the ex- pisatioa o' :he f!ty years furn the date cf issu- 1 are. of ary bonds under this act there remains after the payment e! thc iuterss; as provided in the proceeding section suTpins of ten thousand dollars or more. it shall br the duty 0f th. Ter Ti.efiai treasurer tO advertise as in the manner ci advertising bF ihe loan commissioners for | b.1s for sale of bonds. wh.ch advertisement ] shail state ihe amount Cf nOasy in the redeInp- l ton fund and the number of bonds. numbering | them in order of theiT issglnce: commencing al | the lowest nuGlber then outstanding, which 1 such fund is sei apart Co vay and ischdEEe and ! 4 such bonds so numbered in srch ajyertisraent shah not be presented for payment and cancel lation at t5e eTpiration of such publication then | stci fund shall realain ID tlss treasury % dis 1 charge such bonds whenever presented. but they s5aii draw TO iniereat after the expuatioa o! such publication. Before any such tsonds shall be pad they shall be presented to the Te-riior- .ai auditor sho shall endorse Dn each band Jhe 1 amount due thereon and shali Nrite across the | face thereon the date of is surrender and the l name of the person suTondeTing. The Terri ! tcrial Auditor shall keep record of all bonds issued and disposed of by ihe Territorial treas | sf -r lr and amount of sale. when. where snd 70 whom p7yable, and f exchanged for what. and when | pTesented for the redemption. he dair. amount due thereon and person surreadering.
 Tie bcards of supcryiso.s of q eoaatscs, the muaeig4i aud sehsOl RR-horitiss arr 4ersby an th0Fized snd aiTsSteu 10 repo8 70 the Jan m ssisn nsrs Of the TcsTt5ry tkc bondei and Cut standing Indebtedness and ss3d loan counass- | rloners may. oa v ilfen demand, q1ire an 0si- eial reposf irom the O. a-d of sure-yisoss of ties the ;aEni, pal school u:hori ies, of iheir ! bon e [ aao Ogtstaniins indebfedaess. ane cad loGn commit sicEsrs sha pruyi ie for me redeem | ir or refnndlng of he e01utF, municipal sad school diitrfef indebtedness ugoG the oiic al de- masd of said authorities. in tae game mtrner as Oth-r Ter soriz5 in feltedaess and fev shall issut ! bonds for aay indegtefiae>- uaw allowed, ot tIs; may bs hereafter alinwfd, by lfx "a q ooari'y, mualctps fly og scnosl dis;ricf. sp0l cf-e'al Ge- msUd by s8id author .ties. tue caunfy, r1icipaI- ity s. to5i dssriet Co pas i1fs tse TeTri-o ili treHsuTy, 60 ssGifian a ot1e- tsNcf Iut izei | hy law, sneb au0ants a may ee dse-isi by ibe
 
 hy the TsrT4te iai uud.tsr. 70 De etei for tae pfyment Of the pfincipll q the b5uas issned ga refen ptioo. Tefand-nz O. o-har t.1bds is~uef i, --,n coulis, nanieIpsh-y " or ssh ol disrics Wtea ti cane shall hec5ue due- and ia zaif saa rate of inie-esi pad by ne Ter it5 on sugh hoacs- Par 20z9. Sec n. When ihs t-easa'es pays or i re ieemE any indebteduess hr shall indo-se, by srtiin gtsmpi- in iu co the faee cf the paVer evieeDfia2 suca indebted Jess p=id or re e med, thz Bords fe1ecm-i and carcsied. vi hs dsfe Sf cancellation. He shaii kec2 fsil i1 p2-fica- lar account and TefoFi of sil bi- Preoe 'dings ce- rhis z- [ and oF the bJnfs red emed a1d slr- re lGeroc, and be shali tra1siais 0 fhe governor so= rsci O. all his p7ceeedinss urcer this ger Wsfh bi@ annual ep1Tt co he b. tas zoTszrO or lsia before the iegislstHre et iis meefiaz- Al bo1Ss and papers Der asninV O. the EoOftsr Drlyifed ia tsi. acf shai at al firles D. open 60 fhs irspec- tion Of the FatF Interested, the goFerBoy. orls ceTn mi Gee ef sisher branch of the eslstlTe, Joiat commit co of bosb-
 Par. z5a, Sec @ It skd di Bs the dutT ef t.e Te-rifofisl treasurer te pas fbs iu ereat said hoDd- when tbe same fsiis 7e 0ut of said interesi flnp. q sgfEc9szis sud ' sssf fsu1 n,f -ss.si cent then pay hs dcfclecey cut of The general ' Al aH asaa