Walker Lake bulletin. (Hawthorne, Nev.) 1883-1926, 1893-03-29
ESMERAlDAS BONDED DEBT

Esmeralda county, State of Nevada
Approved February 81. 1881 The
people of the State of Nevada repre-
sented in Senate and Assembly, do
enact "a follows;
Section / In order to refund the
entire Indebtedness OF Esmeralda
county, for which bonds are now
issued and at present outstanding
under the Acts approved February
twenty-seven, one thousand eight
hundred and eighty-three, and March
first, one thousand eight hundred
and eighty three, the Chairman of
the Board of County Commissioners,
the Auditor and the Treasurer of
said county, and their respective
successors in Office are hereby made
and shall constitute a Board of Com
missioners. to be known as the
Funding Commissioners of Esmeralda
county, to have and exercise the
powers and perform the duties here
matter prescribed in this Act.
Section >. The said Funding Com
missioners shall cause to be prepared
and ready for use by the ninth day
of April, 1898, the sum of fifteen
thousand (s15, 000 dollars, and by
the ninth day of April 1897, the
further sum of eighteen thousand
(Sl8, O0W dollars. bonds of the county
of Esmeralda. Said bonds shall be
of the denomination of one thousand
Isl ,O00 dollars each, and shall each
purport in substance that the said
county of Esmeralda owes the holder
thereof sum of money in gold coin
OF the United States, to be expressed
therein, bearing interest at rate of
not to exceed six per cent. per
annum. from and after the ninth day
of April, 1898, for the first fifteen
thousand dollars of said bonds, and
from and after the ninth day of April,
1897, on the second issue of eighteen
thousand dollars OF said bonds, the
said interest being payable semi
annually, on the ninth day of October
and April Of each year, the first
semi-annual payment OF interest to
be paid October the ninth. 1893, and
all interest to be paid az the Office OF
the Treasurer OF said county. Ole
thousand dollars OF the principal O.
said bonds Shall be paid each yea,
on the ninth day of October, tle first
payment on principal to be made
October the ninth, 1898, and each
year thereafter until the whole amount
of said principal sum shall have been
paid, and the SAID payments of prin-
cipal shall be made at the Office OF
County Treasurer of said Esmeralda
county. Said bonds shall be signed
by the Chairman of the Board of
County Commissioners of said county,
countersigned by the Auditor and
Endorsed by the Treasurer, and shall
be attested by the seal of the Auditor
Of said county The said bonds shall
have attached thereto coupons for
the payment OF the interest thereon
semi-annually, and said coupons shall
be numbered, and shall respectively
express the amount of interest due
and when payable, and shall be signed
by the Chairman of the Board of
County Commissioners and the
Treasurer When interest shall be
paid, the coupon or coupons so
retired shall be separated from the
bond, delivered to and cancelled by
the Treasurer.
Section g. All bonds issued under
this Act shall be numbered consec-
and the said Funding Com
missioners shall keep register of
all of said bonds, and note therein
the number, date and amount of
each. The Auditor shall be the Gus
todian of said register, and the said
bonds shall be paid in the order of
their number, bond number one being
payable October ninth, one thousand
eight hundred and ninety three, and
one each year thereafter on the
ninth day of October in the order of
its number, and upon said date the
interest upon said bonds, SO becoming
due and payable, shall cease.
Section 4. Whenever any bond
shall be paid under this Act, the
Treasurer shall cancel and safely
aep the same as Il record OF his
oil re.
Section ). In order to NEE. the
,o,,,; annual ;ntorost ~, Tho eo,I