The Providence news. (Providence [R.I.]) 1891-1906, 1896-06-10
CHAPTER SOB.
CHAPTER SOB.
AN ACT In Amendment OF and In Addition TO
Chapter ~ cf the General Laws, Entitled,
'0f the Revenue OF the State "

CHAPTER SOB.
AN ACT In Amendment OF and In Addition to
Chapter ~ cf the General Laws, Entitled,
"of the Revenue OF the State i"
Passed January 81, 1867
IL Is enacted by the General Assembly as fol-
lows:
SECTION l. The general treasurer shall from
time TO time whenever IL is necessary, in or
der TO provide FUNDS for the current disburse
ments Of the state, make and sell for cash 20
any person or corporation upon such terms as
seem 10 him TO be for the interest Of the state,
tax assignment orders, payable TO order on
bearer, and which are hereby made negotia
BILE, Of the whole or any part OF the semi-an
nual instalment Of the state tax then next 60
become due and payable from any town Oh
city and the proceeds OF such sales shall bo
deposited with the general funds Of the state,
and shall be available in payment Of any APP
preparation lawfully made.
SEC. 9. Every such tax assignment order
shall have effect and operate 20 sell and assign
TO the lawful holder thereof, the amount Of
money therein named as the whole or part
Of the semi-annual instalment OF the state
tax then next To become due and payable on
the date therein named, from the town or city
therein named. shall be signed in the name of
the state by the general treasurer and coun
tersigned by the governor, and shall also, be-
fore IL Is issued. have printed or written upon
its face acknowledgment Of notice OF its issue,
signed by the treasurer of the town or city
therein named.
sEo. Q. II shall be the duty Of tho treasurer
OF each town or city to sign the aclSnowledg'
fnent of notice on every such tax assignment
order as hereinbefore provided for whenever
thereto requested by the general treasurer,
and the treasurer Of any town or city wilfully
rafusiDg or neelectinR 30 20 do shall be SUB
ject 10 nno not exceeding one thousand dol
lars: Provided, that no treasurer Of any town
n I'd NJ ahQl tpp a. o. M N
such tax assignment orders at any time to an
amount In the aggregate exceeding the total
amount of the somi annual installment OF the
state tax then next 10 become due and paya-
BILE 10 the state from the town or city OF which
he Is treasurer.
SEC. 4. Every such tax assignment order so
Issued and sold AZ aforesaid shall be due and
payable TO the holder thereof upon the date
therein named by tho town or city therein
named at the Office Of the general treasurer In
the city Of Providence, and any such payment
30 made by any town or city shall be In dis
charge and satisfaction OF the like amount Of
the state tax due from il on the same date.
In case the due date OF any such tax assign
ment order shall by its terms fall on a Sunday
or a legal holiday, the Same shall be due and
puyubfe tho following s6cu1ar day.
SEC. 8. In case the town or city named In
any such tax assignment order shall fail TO pay
the amount named therein when duo, then
said amount shall carry interest until paid,
and the holder thereof shall be entitled TO sue
for and recover the amount OF such tax assign
ment order with interest from maturity from
such town or city in an action OF debt, with
out further demand or the notice otherwise re.
quired by law 60 be first given TO towns and
cities and the judgment obtained therefor, il
not paid by the treasurer OF such town or city
Oh demand, shall be- enforced by the appellate
division Of the supreme court. in manner pro-
vided by section IA of Chapter 30 Of the General
Laws OF Rhode Island.
sEc. o. This act shall take effect on Fcbru-
airy lst, A. ID. 1885, and all acts and parts Of
acts inconsistent herewith are hereby repealed.