The copper country evening news. [volume] (Calumet, Mich.) 18??-1907, 1898-04-23

proper rsquisitions Of the quartermas-
ter general, certified by the governor
az hereinbefore provided, for such
amounts as they shall deem necessary
from time to time. and the expenditures
or the money thus drawn by the quar-
termaster general, shall be accounted
for under the provisions OF the general
accounting laws applicable to such
cases. Provided further. Warrants may
be Issued by the auditor general upon
proper vouchers certified by the gov
/ ernor for advances made by the quar-
termaster general OF the state for ex-
| penditures already incurred for the
purposes herein specified.
| Section 4. All claims and accounts
aceruing against this state for expenses
| and disbursements authorized by this
| act, shall be audited and allowed by the
state military board. in the same man
ner that other military accounts are
now audited and allowed, but they shall
be kept in the accounts Of the quarter
master general. as a distinct fund, sep
| arate and apart from the other ac-
counts kept by him.
Section 5. The bonds issued under
! this act shall be numbered consecutive
| ly and registered in book provided for
| this purpose, which shall be kept in the
| auditor generals office. This register
shall contain the date of the bond, the
number, to whom issued, and the
| amount OF each bond; also the date of
| redemption number of bond, OF whom
| received and amount of each bond.
| There shall also be- kept in the audi
| tor generals office a register showing
| the date of the bond, the number.
| amount, date each coupon is due and
| the cancellation of such coupons as are
paid, with reference to the number OF
| the voucher paying the same. When
ever any such bond shall be paid. the
| same shall be Immediately cancelled
| by the treasurer and the auditor gener-
| al shall also keep full record of all the
| bonds taken up and paid as provided
| above. And Immediately after the rec
| ord shall have been made as aforesaid.
| the bonds so paid shall also be can
| celled by writing across the face Of
| each bond, which cancellation shall be
| signed by the auditor general and state
treasurer. and such bonds thus cam
| celled shall be filed with the voucher
| as the basis of the auditor generals
warrant for their payment
Section g. For the purpose of provid-
| ing for the payment of the bonds is
| sued under this act. and the interest
| thereon, there shall be assessed on the
taxable property of the state as fixed
| by the state board of equalization in
| the year 1896. and in each year
thereafter until the several amounts
/, levied under this act shall become
sufficient to extinguish the debt created
| herein, the sum of u of a mill on each
dollar OF said taxable property to be as
sesssed and paid into the treasury of
| the state in like manner as other state
taxes are by law levied, assessed and
paid, which amount thus levied shall'be
credited each year to the war loan sink
| ing fund as herein directed: Provided,
That should the last levy necessary un-
der this act produce a credit to the said
war loan sinking fund in excess Of the
amount required to pay all bonds and
interest thereon. such excessive credit
| If any shall when all bonds issued UNI
der this act and all interest accrued
thereon have been paid, be transferred
to the general fund upon the books of
the state.
Section Z. The faith of the state Is
hereby pledged for the payment OF
principal and interest of the bonds
which may be assessed under the pro-
visions OF this act
Section s. 1t shall be the duty Of the
governor, by and with the advice and
recommendations of the state military
board, to expend such part Of the above
fund as may be necessary to recruit,
enlist, discipline, organize, instruct and
thoroughly arm and equip the military
bodies in this act mentioned for such
active service as may be required OF
them.
Section 9. Not less than three
months before the maturity of the OPP
ton of the state to redeem any or all
of the bonds issued hereinunder, the
treasurer shall give notice by advertise
ment for one week in two daily papers
and for four weeks in the weekly edi-
ton Of the same paper published in the
city of Detroit designating the time
when, and the number of said bonds
which will be redeemed and the interest
on such bonds as are described In such
advertisement shall cease from the date
specified for the redemption OF such
bonds: Provided, That should the con-
dition of the war loan sinking fund at
the date aforesaid be such as to per-
NIT the redemption of only a portion Of
the loan. the bonds to be redeemed
shall be determined by the state treas
urer in the following manner, viz: The
treasurer shall cause numbers corre-
spending with the numbers OF all bonds
issued under this act to be placed in a
box to be provided for that purpose
and shall, In the presence Of the gov
ernor and auditor general, proceed to
draw therefrom numbers of bonds
equal In amount as nearly as may be
to the money in the state treasury APP
pllcable to the redemption of said
bonds. The numbers thus determined
shall be the ones used in the advertise
ment herein provided: Provided fur
Their, That in case the treasurer shall
at any time before the state is author
lied to redeem any of the bonds issued
hereinunder. have an opportunity to
purchase any of said bonds at
par with accrued interest there
on, he Is hereby authorized to use
any funds in the treasury available for
this purpose.
This act Is ordered 20 take immediate
effect.