Arizona weekly citizen., 1891-03-07

Entitled anlAct Approving With
Amendments the Funding Act
OfArizona.
Be it enacted by the Legislative As
sembly OF the Territory OF Arizona:
Section 1. To carry out the purpose
and intention OF the Act of Congress OF
the United States OF America. entitled
San Act Approving with Amendments
the Funding Act OF Arizona" sppro5ei
June 25, 1890, the loan Commissioners
OF the Territory of Arizona shall pro-
vide for the liquidation, funding and
payment of the Indebtedness existing
and outstanding on the 31st Day OF
day of December, 1890, of The Terri
tory, the counties, municipalities, and
school districts within said Territory,
by the issuance of bonds OF SAID Terri
torv, as authorized by said Act, and
all bonds issued under this Act aud the
interest thereon shall be payable in
gold coin of the United States
Sec, 2, Whenever the said loan
commissioners shall redeem, refund or
pay any indebtedness OF a county q
municipality or school district, or issue
bonds to such county, municipality or
school district, as authorized by
said Act of Congress, the Ter
| rItorisl Treasurer shall open and
keep an account with said county, mu-
nicipality or school district, and shall
at once make out and transmit to the
proper officer or officers Charged with
the admins tration,ef the affairs of said
con lty, municipality or school district,
a statement under the official seal.
showing the amount and character OF
| the indebtedness refunded or paid, the
amount of bonds issued and when due
and payable. rate IF interest, and am
cunt of interess thar will be required to
be paid annually thereon. And said
officer or officers shall file said state
ment in the proper Office as q record
therein.
Sec. g. In all cases, OF funding and
paying the Indebtedness of any county
or school district in such county, the
Board Of Supervisors of such county, or
of funding end paying the indebted
ness of anv municipality, the executive
or other proper officer or officers of such
municipality, shall annually at the time
of assessing and leyying taxes cause to.
be assessed and levied each yesr upon
the taxable property oftts county in
case Of the county indebtedness. munic-
spslisy in case of the municipal indsbs.
sdness, and school district in case OF
the school indebtedness, and IN addition
10 the other authorized taxes, snt~
ficient sum to pay the interest on the
bonds, issued and disUos~d OF under
the provision OF this Act for the bene-
fit OF such County, Municipal sno
school Distr;cs taxes ss are collected,
and shall be pain into the Teri itorisl
Treasury.
Sec. 4. IL sufficient money shall not
be realized each year from the collection
for taxes to pay the interest on sand
Bonds when due, the deficiency shall be
paid out OF any money, fund or funds
used for defrsylng thu general expenses
Of such County, Municipality or School
District, for the funding, redemption
and payment OF whose indebtedness the
said Bonds we're issaed. which said de-
fcienoy shall be paid by the proper Of
fcer or officers In charge or said money.
fund CT funds, upon the official demand
therefor b. the Territorial Treasurer.
Sec. Sit shall be the duty OF the
respective County, Municipal and
School District officers charged with
levying and collection OF taxes therein,
to levy and collect the tsx in this Act
provided, for the pay ment Of s6e interest
and the redemption OF the principal OF
said Bonds, and 10 psy the same into
the Territorial Treasury ct the time and
times of the payment of the Territorial
taxes. Aud any failure TO comply with
fhe conditions OF this Get by said Cfficer o.
or officers, OF any neglect or refusal to 4.
levy and collect such tax as aforesaid,
shall be dssmed misdemeanor and up
on conviction in Court having iuris- =
diction thereof, the person so convicted
shall be fined III an amount equal to the.
sam that should have been levied amt.
collected, or, for any ulisRpprO. 'riations.
In su amount fqnsl 20 the sum not sp--
piled as in this Act provided, and i'm
Dsisoned as in other cases of mIsdsmean-
or, in the discretion of the Court. And
If the proper officer or officers shall fsik
to levy the tax as in this Act provided,
be or they may be compelled to per-
form such duty by auy Oourt having
jurisdiction thereof. Provided, that 10
ca @ of such failure the Territorisl
Board of Equal cation, or on their fail
IRE to Act, the Territorial Au,iitcr shall
levy euffiriaBt tsxes III the Different
counties, niuu ciEg!iyiss az d school DIS
tricts, TO carry cur the provisions of
this Act aud tba Act Of which this Act
8 supplemental
Sec. 6 The provisions at tie said
Act O. Congress, r~iatl = or replying to
the liquidation, refnrdiuE, red, eaiax-
~ q payment al tI,-, Territorial I'D, bt-
sdness, sal- f ho;6s snd zpplicss;1u ot
proceeds 81 sli ausly .ud y. che mstbCd
used for s. g iiGu;a,,ion, r-fupdins, re-
deemlny and psvm-ut # H. indebted
ness ~ the & ,rntj-s, Munioi9 h'ities ard
School d.stF.c:s g. -iiis T-rri.cry hu
shoriz ii and Cost.npis'ed by ssid Act
And he loan CouDns'vDe:s shall sc no
time issu t" any ':ounty, Municipality
OF Sehnol Dis-rI't any Bonds ere ted
under this Aci or said Ac. OF Congress
without requiriD from TIE ofhc-f or
officers I, cytvIn2 The = yns = oot.d g 81
-equirs g o, ths II lt1Fisl Treasurer by
Sscti y 6 If sai.i ac- Of . ouGrese, AID
the SAID ffic Ar or Of'icers shall glv~ such
bond.
Sec 7 All Acts snd parts OF Acss
IN conflict with the provisions OF this
Cd shall take effect an De in force from
Ind after IFS passage.
PARIS, March 5.--A semi-official denial
S given to the statement that ex-Em-
,ress Fredricka wrote Count Won Mons
er and Emperor William expressing her