The Providence news. (Providence [R.I.]) 1891-1906, 1893-07-08

vidcd, however, that the secretary OF state
shall forthwith notify the general treasurer of
such Increase as provided In section ten OF this
act, and he shall not issue q certificate authors
izing such increase until he shall receive from
the general treasurer a certificate that said
corporation has with previous payments 20 the
general treasurer, paid into the treasury FOR
the use Of the state sum equal to one tenth of
one per centum of its capital stock 80 In
creased.
SEC. IL. Every corporation organized under
the provisions Of this act shall have al the
powers and privileges, and be subject 10 IN fho
duties and liabilities set forth in Chaptsru ~
and lb5 Of the Public Statutes. and In any ao1a
In amendment thereof and In addition thereto.
SEC. 10. All acts and parts Of acts inconsint~
ent herewith are hereby repealed. and this ct
shall take effect upon its passage.
CHAPTER l.2ol.
PASSED May ~. 1881
AN ACT to provide for the creation Of Board
of State House Commissioners, to defne their
duties, and to provide for the issuance Of the
bonds of the state to an amount not exceed
ing 81, 100000.
1t is enacted by the General Assembly a fol-
lows:
SECTION l. Herbert w. Ladd. Wfll~r~
Ames, Olney Arnold, Albert L. Sayles, Francln
L. O'Reilly, John w. Davis George PEABODY
Wetmore, Nathaniel b. Church, Joshua WA
bour, Enos Lapham, Rowland @. Hazard. u.
Russell Brown, and Ellery H. Wilson are here
by constituted a board Of state house compufr-
sioners, who shall perform the duties speci6e6
In this act; they shall hold ONCE for sufcient
time to accomplish the purposes of this act. ana
shall serve without compensation. Any W.
cancies in said board shall be filed by the eov-
ernor, with the consent of the senate Tivo
members of the commission shall constitute 3
quorum.
SEC. 2. Said board shall at once proceed "a
select and acquire site for q new state houss.
either under the provisions of Chapter 013 of
the Public Laws or by purchase or by condom~
nation, as said board may determine, and o.
erect thereon new state house Substantially
In accordance with the plan accompanying The
report of the state house commission made to
the general assembly at Its January sossion.
1892, and recommended by said Commission
The said site shall be acquired in the name az
the State of Rhode Island, and for the purpooo
of acquiring land by condemnation for said sito
said board is hereby given all tho powers
OF condemnation conferred upon towns In cor
tain cases for the purpose of taking land ana
property for q water supply by Chapter 285 of
the Public Laws, and IN case said board shall
so take any land for the purposes Of this act e
shall proceed in all matters in relation to such
land as provided In said Chapter 285in the caso
Of land taken under IL provisions, and 0wnorD
of land so taken shall have the same rights of
appeal from the awards Of said board, and
rights of jury trial thereon, as arc secured -
owners Of land taken under the provisions 0f
said Chapter 2s5 by its provisions.
SEC. 3. Said board Is hereby suthoxlsed fto
make, on behalf of the state, all contracts for
the construction of said state house and tho
furnishing thereof. and for the grading and
putting into suitable condition the grounds
surrounding the same, provided that all por->
tions of said work exceeding IN cost the sum of
five hundred dollars shall be done by contraco,
and that proposals for all work or material
exceeding one thousand dollars in value shall
be advertised for.
SEQ. 4. Said board is authorized and direct
ed TO employ q competent architect or archi-
tects, and may also, IL IL deem IL advisable, en-
ploy a superintendent, a secretary, and other
assistants, and may fix the compensation Of all
persons so employed. Il may also hire offices
necessary for the proper carrying on Of its la
bors; and the expenses incurred under this
section shall be paid for In the Same manner
as other bills audited by said board.
SEC. 8. No commissioner elected or appoint
ed under this act shall be directly or Indirectly
In any way interested in any contract made
under this act, under penalty OF removal from
ofilce by the governor upon proof Of violation
Of this provision.
Sec O. Said board shall annually, at the
January session, report to the general assem-
bly, the progress of the work entrusted TO 4,
the contracts outstanding and the sums -
pended by 1t to the date of such report.
SEC. Z. To meet the expenses incurred under
this act, the general treasurer Is hereby au>
thorized and directed to issue scrip or certil-
Gates of debt In the name and In behalf of the
state and under its seal and countersiRnod
by the governor, to an amount not exceeding
pne million five hundred Thousand dollars, to
be designated "The State House Constructi0n
Loan" Said scrip shall be issued ms regis
tered bonds, or with interest coupons at
tached: shall mature not more than forty years
from the date of its issue: shall bear interogt
at rate not exceeding four per contum per
annurn. payable semi-annually In gold coin of
the United States of the present standard ok
weight and fipeness; shall be redeemable ct
maturity In gold coin of the United States. Of
the present standard of weight and fineneees
and shall be sold from time to time, at such
times and In such installments, as the said
board shall determine, to the highest bidder,
after public advertisement. but at no less than
the par value thereof. Said bonds shall be ex-
empt from taxation in this State.
SEC. 8. The general treasurer shall, on issu-
ing any of said bonds, establish q sinking fund,
and apportion thereto from year to year an
amount sufficient. with its accumulations, to
extinguish the debt at its maturity. The
amount necessary each year to pay the interest,"
and sinking fund requirements of said bonds
shall be included in and made q part of the an
nual appropriation bill for the expenses Of thn
state government, and any premium over the
par value Of said bonds received on the sails
thereof shall form part of the sinking fund
for their redemption.
SEC. Q. The amount received from the sale
Of said scrip, less any premium received over
the par value thereof as provided I'm section0 8
or so much thereof as may be necessary. II
hereby appropriated for the payment Of bills
audited by said board, or by COMMITTEES thero-
of duly constituted for that purpose. and the
state auditor is hereby authorized and directed
to draw his order upon the general treasurer
for the payment of all such bills out Of the
amount so received. This appropriation shall
not expire with the fiscal year Of the state, but
shall continue in force during the existence Of
said board.
SEC. 10. This act shall take effect upon IT.
passage, and all acts and parts of acts incon>
sistent herewith are hereby repealed.
Icertify the foregoing to be true copiesL
Attest: