Santa Fe daily New Mexican. [volume] (Santa Fe, N.M.) 1885-1897, 1897-02-01
APPROVED BY CONGRESS
A Measure Of First Importance to the
People of New Mexico.
TERRITORIAL BOND ISSUE ENDORSED
Santa Fe County Bonds to Bear 4
Per Cent Interest If Re
funded.

y
time prescribed by the constitution, ap-
proving certain acts of the Legislature of
New Mexico authorizing the Issue of GER
tain bonds of the territory, and for other
purposes:
Be it enacted by the senate and house
of representatives of the United States of
America in congress assembled, That the
coupon bonds and indebtedness of the
territory of New Mexico, amounting to
$4,000, authorized by section of an
act of the 31st legislative assembly of the
territory of New Mexico, entitled An act
authorizing the rebuilding of the terri
torial capitol at Santa Fe, which was de-
stroyed by frsMay -, 1892, and to pro-
vide the necessary means therefor and a
board with authority to rebuild the same,
approved February 5, 1895, and desig-
mated as capitol rebuilding bonds of the
territory of New Mexico;
Also, tine bonds and Indebtedness,
mounting to $4,000, authorized by Sec
tion of an act of the said legislative as
sembly Of the territory of New Mexico,
entitled, An act to provide for the main
tenance of the military institute at Ros-
we'll, N. NJ, approved February 10, 1896;
| Also, the bonds and Indebtedness,
amounting to the sum of $4,000, au-
thorized by section ! of an act of the said
legislative assembly of the territory of
New Mexico, entitled An act to provide
an addition to the insane asylum of New
Mexico for the accommodation of all the
insane persons of the territory, and for
other purposes, approved May ID, 1895,
and
| Also, the bonds and Indebtedness,
amounting to the sum or $4,000, author
lied by section of an act of the said
| Legislative assembly of the territory of
New Mexico, entitled An act to provide
for the completion of the buildings for
the normal schools Of New Mexico at Las
Vegas and Silver City, and to provide
for the necessary furnishings therefor; and
for additions to the New Mexico college
Of agriculture and mechanic arts, at Las
Cruces, approved February 81, 1895, be,
and the same are hereby approved, con-
firmed, and made valid;
Also, the certain bonds and indebted
ness, $l72,500 in mount, together with
the interest coupons thereon attached, of
the county of Santa Fe, territory Of New
Mexico, dated March /, 1892, issued un
der the provisions of an act of the terri
torial general assembly known as the re-
funding act. Such bonds having been is
sued in refunding and in lieu of $4,000
of bonds, and the overdue interest there
on, of said county of Santa Fe, thereto
fore issued and outstanding, are hereby
validated, approved and confirmed.
Also the certain bonds and indebted.
ness, together with interest coupons
thereto attached, of the county of Santa
Fe, territory Of New Mexico, dated Sep
TENDER 30, 1891, issued under the provis
ions of an act of the territorial general
assembly Of the territory of New Mexico,
GSsstitlea Az ret for the financial relief Of
February 20, 1891.
Such bonds having been issued in re-
funding and in lieu of $150,OoO of bonds,
overdue interest, and judgment rem
dered thereon, of said county of Santa
Fe, heretofore, in the year 1880, issued
and outstanding, are hereby validated,
approved and confirmed. Also the certain
bonds and indebtedness,$ $50, 900 in amount,
together with the interest coupons thereto
attached of the county of Grant, territory
of New Mexico, dated July /, 1888, being
the unretired part of an issue of 100000
in bonds issued by said county Of Grant
under the provisions of an act of the ter
ritorial general assembly, dated February
!, 1872, are hereby validated, approved
and confirmed. Also the certain bonds
and indebtedness, $50,00o in amount, to.
gether With the interest coupons thereto
attached, Of the city Of Silver City, coun-
ty of Grant, territory of New Mexico,
dated March l, 1898, issued under the
provisions of an act of the territorial
general assembly of the territory Of New
Mexico, entitled An act enabling the au-
thorities having charge Of the finances of
any town or city of the territory of New !
Mexico to refund any bonds or other
similar obligations, bearing less rate of |
interest, approved February III, 1891.
Such bonds having been issued in re-
funding and in lieu of bonds and indebt-
ness to the amount Of $4,000 of said
city of Silver City, county of Grant, there
tofore Issued and outstanding, are hereby
validated, approved and confirmed.
It is intended hereby to validate, APP
prove and confirm any and all laws, ordi-
nances and proceedings, and bonds re-
lating to the matter necessary TO the vail
dation of the said bonds of the territory
OF New Mexico, and of the said Santa Fe
county, Grant county, and town of Silver
City bonds, but no further and for no
other purpose.
The said county of Santa Fe ia hereby
authorized and empowered to again re-.
fund all or any portion OF the indebted
ness thereof by this act validated within
one year from the passage of this act, in
accordance with the terms and provisions
Of an act Of the legislature of the terri
tory of New Mexico, being chapter 70,
entitled An act for the financial relief of
,ounties and municipalities House bill
numbered 1927, approved February 26. /.
1891, except that such refunded bonds
'hall bear interest at the rate of per :
,entum per annum, payable semiannuallv,
mo shall become due twenty-five years
rom the date of the issue of such refund. r
ID bonds, and shall be issued for the :
mount of unpaid principal of the bonds
# said county BY this act validated, with :
interest thereon from the date thereof,
o-wit, September, 1891, and March, 1899.
espectively, at the rate of per centum l
Ter annum until the date when the sum Y
hall be refunded as herein provided. less
ne amount Of interest heretofore paid on
uch bonds; and when said bonds shall be
ubject in all other respects to all the A
rovlsions, liabilities, rights, obligations, !"
enefits and advantages OF said act OF the p
legislature herein referred to. In case 10
aid bonds shall not be refunded BY said
ounty OF Santa Fe upon the terms and
onditions in this section set forth, then
70 bonds validated by this act shall re- T.
lain as the legal obligation of said San
! Fs county.
II said bonds shall be refunded az here. a
! provided, the holders Of the bonds "
Brein validated shall, upon actual notice q