Evening bulletin. [volume] (Honolulu [Oahu, Hawaii]) 1895-1912, 1905-04-26
BY AUTHORITY
ACT S.
AN ACT
For FUNDING BONDED INDEBTEDNESS.

For FUNDING BONDED INDEBTEDNESS
BE Enacted by The Legislature of The Territory of Hd,d
SECTION The Treasurer Of the Territory of Hawaii here.
by authorized and empowered with the approval of Governor
to issue negotiable bonds the name of the Territory of Hawaii
with interest coupons attached to exceeding Eight
Hundred Thousand (SSooooo) Dollars the principal and inter-
est to be paid gold coin the United States of America or its
equivalent at its present standard of weight and fncness the
sole purpose OF ending all part OF that certain outstanding
bonded Indebtedness Territory of Hawaii known as the
Gold Bond OF the Government of the Republic of Hawaii
wall session Of 1896 approved on the ,h day of une 1906 en-
titled An Act to provide for public loans"
And tor the purposes of this Act the Treasurer of the Terri
tory with the approval OF the Governor is hereby authorized to
call in any or all of the bonds OF the above authorized issue
time or times as he may deem advisable.
be approved by the President of the United bean
interest," payable semi annually less than five 60 per
cenm per year. and be made redeemab years and pay
able in fifteen years from the date OF issue thereof.
SECTION g. All such bonds shall be exempt from and all
taxes whatsoever and the payment of principal interest
thereof shall constitute charge upon the consolidated
SEcroN The proceeds of bonds so issued shall be ex
clusvey devoted to the purposes for which the issued
SECTION s. The Treasurer of the Territory may with the ap
prevail of the Governor determine the DENOMINATIONS of such
bonds to be issued under the authority of this Act the place
at which the principal and interest of such bonds ten
shall be payable and the method of their redemption He may
make such be necessary proper
shall provide the OF the bonds by the Government
itself by public advertisement for tenders by private SALE but
bonds shall be sold at less than their nominal par value
SECTION g. All bonds under the provisions of this Act
shall be Autographed steel engraved and shall be signed by
counts and be sealed with the seal the Treasurer Interest
coupons shall bear Autographed engraved facsimile of the
signature OF the Treasurer of the Territory.
SECTION J. Said bonds may be exchanged less than
par value for an equal amount of the bonds permitted be funded
under the provisions OF this Act at the value of said bonds
or said bonds be sold provided by this Act and the
eees applied solely to the of such Indebtedness When
said bonds taken the issue of bonds herein pro-
yded for bonds shall be cancelled or DESTROYED
by the Treasurer.
SECTION s. When bonds of the issue herein authorized
and the several coupons thereto attached mature shall be
duty Of the Treasurer to the presentation out Of
funds in his hands applicable thereto But if such bonds
a o
Treasurer he shall forward sufficient funds designated
place places of to and all such obligations
at maturity, in accordance with the terms hereof.
SECTION g. Bonds issued substantial conformity to the pre-
eeang provision shall in law be considered negotiable
and after the date of its approval
Approved this 25th day Of April A. d. 1906
Governor of the Territory of Hawaii.
ACT S.
To AMEND SECTION I ACT "a LAWS SESSION
1905.
Be Enacted by the Legislature of the Territory of Hasoa
SECTION Section of Act "a of the Session Laws of 1905
is hereby amended by striking the words Gin the District Of
Moth Kohaa the Fourth Wednesday of April" in lines
SECTION This Act shall take effect from and after the date
of its approval.
Approved this a5th day of April A. D. 1906
Governor of the Territory Of Hawaii,
ACT 81.
AN ACT
In RELATION THE LICENSING EMIGRANT AGENTS
Be Enacted by the Legislature of the Territory of HdaVdh
SECTION 1. The annual fee for license for each engrant
agent employer empoe of such agent doing business
this Territory shall be Five Hundred Dollars
SECTION The said license shall be issued in the
provided for the issuance OF other licenses by Chapter
of the Revised Laws of Hawaii, 1905.
SECTION 3, Any person who shall engage in business
emgran agent without first obtaining license issued in
ormy with the provisions hereof and Of said Chapter o2 or