Lovelock tribune. (Lovelock, Nev.) 1898-1912, 1905-02-24
THE ANKER BILL
WIDELY DISCUSSED
WHAT THE BILL PROVIDES FOR
And How to Be Secured.
Full Text of Bill and What Promi-
Hent Citizens Think Of the Propo-
sition.

Assembly Bill No. 81, introduced
last week by Hon. Peter Anker. .is a
measure of vita, interest to every tax
payer and citizen of Humboldt county
and should be carefully read and con-
sidered by all. Here is the text of
the Bill, as presented to the Assem-
bly,: AN ACT
Cs -,futAorsxo kAs Hoard Of County
cexsuIsslone~s Of sfsn1oIat County
10 Gssre bonds Ior tAo1HrDoso e/C,ro-
ssiaz fund far tae I,1roAase of
.Eesds and orstIon thereon Of Sxlta-
I<S 31l15Ings for fAe care o(fAs yaai-
y.st e/soIa Ce1a!y.
E.is pseDls Of tho State o/ 2IoDaaa.
~eerssonts4 in Seaate ~n0 -,fssens-
bly,, ao enact as <oUoWes
SEcTIoN I. The Board of County Com
rnissioners Of Humboldt County, Nevada.
ere hereby authorized, empowered and re-
quired, within ninety days after the
approval of this Act, to prepare and issue
the bonds of said county in the amount OF
Fifteen Thousand dollars, exclusive of in
terest, for the purpose OF providing funds
for the purchase of lands and the erection
thereon of suitable buildings for the re-
cepti6n and care OF the INDECENT of said
county.
SEC. .. Tho bonds authorized under the
provisions of section ONE of this Act shall
be issued in the sum of One Thousand dol
lara each, shall bear interest at the rate OF
six per cent per apRInn; said bonds shall
b, numbered from one to fifteen, inclusive
and shall be signed by the Chairman OF tue
board, eounlersigned by the County Treas
t,rer and authenticated with tire seal OF tht
county. Coupons for interest shall be at
tached to each bond So that The same may
he removed without insury to the bond, and
Dur be ed and signed by the Chairman oi
said board and the Cor,n.s Treasurer.
SEC. 8. The Clerk OF tie Board of County
Comni ssioners shall keep record OF ali
proceedings under tho provisions OF this
Act. showing the number and date of each
bond and to whom issued.
s,Ec. 4. The Board OF County Commits
siouers of Humboldt County are hereby
authorized 10 negotiate the sale OF said
bonds by advertising for sealed proposals
or by private sales rs they may deem for
the best interests of tie county, provided
that no bonds shall be sold for less than
their par value, and that bonds shall be
made for gold coin of the United States
and the interest thereon shall be payable
IN like gold coin.
SEC, &. Said bonds together with the in
terest thereon shall be payable annually on
the first Monday of January of each year,
nt the office of the County Treasurer of said
Humboldt County.
SEQ. G. On the first Monday of January,
A. D., one thousand nine hundred and six,
and annually thereafter, one OF said bonds,
together with the interest thereon, shall he
T,ria and redeemed by the County Treas
uror OF Humboldt County. The payment,
and redemption Of said bonds shall he in
the order of their issuance, the lowest mum
t,ered bond TO be flrst paid and redeemed,
aud 10 on until the whole amount of bonds
issued under the provisions of this Act
shall have been paid and redeemed. Cou-
pons shall be paid annually, and in no case
+ iaii All, of said bonds run for h longer
period than fifteen years.
SEQ. 7. For the purpose OF creating a
fund for the payment of the bonds author
ised by this Act. and the interest thereon,
the Board of County Commissioners of
Humboldt County are hereby authorized
and required to levy and collect annually a
sufficient tax on all property, both real and
personal, within the boundaries Of said
Humboldt County, to redeem one Of said
bonds each year, and the payment each
year OF the accumulated interest on all the
bonds authorized by this Act. Such tax
shall be levied and collected in the same
manner and at the same time as other
taxes are assessed and collected, and the
proceeds thereof shall be kept by the Coun-
ty Treasurer in a special fund 10 be known
as the "County INDECENT Bond Fund.-"
SEC. 8. The money received from the
sale of the bonds authorized by this Act
shall be kept by the County Treasurer in a
Building Fund.-" and shall be used only for
the purchase OF net to exceed eighty acres
of land In Humboldt County and the erec-
tion and furnishing thereon OF suitable
buildings for the reception, care and com
fort Of the INDECENT of Humboldt County.
SEQ. 0. Whenever the bonds and inter
est provided for in this Act shall have been
fully paid, any money remaining in the
s'County INDECENT Bond Fund.- shall be
transferred TO the General Fund of the
county.
SEo. 10. Whenever the County Treasurer
shall pay any bonds or coupons issued un.
der the provisions of this Act, he shall can
Gel the Same by writing across the face
thereof 'sPaid," together with the date OF
such payment, sign his name thereto, and
turn the same over 10 tho County Auditor,