The Idaho Springs siftings-news., 1908-10-10
r.yer., SIDE OF .ach Of said hond.. Only

reverse side of each of said bonds Only
sucn an amount and number of said
bonds snail be issued as may be neces-
sary to pay the amounts due on the
outstanding warrants OF the State as
prescr bed in this Act.
Section I, Whenever the bonds pro-
yided in this Act are issued. 1t shall Be
the duty .. the Ste board OF equali
cation To levy and assess a special taJ
sufficient IN amount to meet the semi
annual interest accruing on said
be paid into the State Treasury to he
credit Of the interest fund of sail
bonds. known Funding Bonds, SER
les of 1909, and for the ultimate re-
dempt!on OF said bonds. there shall ne
levied annually for fye years, after
ten years from the date of their issu
bic property of the state shall cr.-
ate an annual fund eqIai to twenty
Of the bonds issued. which fund shall
be called Funding Bond: Series II
1908. sinking Fund" All taxes for
interest upon and for N. redemption
OF such bonds. shall be levied and col
lected as other State taxes. and shall
be paid into the State Treasury in cash
only. the proceeds thereof shall be
kept hy tae State Treasurer as dis
tinct fund under the respective heads.
and redemption OF said bonds. or for
their purchase as hereinafter provided.
and for NO other purpose whatever.
provided tnat Whenever any s..ptCs
remains to the credit nf the intevts-
fund after the full payment of The in
terest maturing in any year the State
Tre--4r shall cause such surplus to
he transferred to the credit Of tht
-Fuuding Bond. Series Of 1903. sinking
Fund All moneys belonging to the
said sinking fund may be Invested by
said state Treasurer In any Of th.
bonds issued under this Act. but not
section 8. The Treasurer shall in
clude ia his biennial report a statement
Of the interest collected in pursuance
a. "A
amount, u any. carried to the sinking
fund and how invested When any OF
de,med under this Act IL shall be the
duty Of the Treasurer to cancel the
same, so that they can be plainly iden-
tifled. and TO cause the record Of such
cancellation to be made in tho regis
try books Of both the state Treasurer
he kept on file in the state Trea.urer's
office. and any such purchases and
ranoeliations shall also appear in said
Section 3 For the payment Of the
coupons representing the first years
interest accrued and due bonds is
urer is hereby authorized and directed
to apply any money a. that time in his
enue nue. fund. S' or Ike funds 10 m a6cruins i from
interest on bank deposits; and so much
money as may be necessary therefor
Is hereby appropriated out of such
funds Tor the payment OF said inter
es,
section 10 The Governor and Attor-
rey General authorized to pre-
scribe the form of the bonds to be is
sued under this Act. and the coupons
attached thereto. subject to the provis-
Ions contained in this Act
Section IL. This Act shall not be re-
vised. amended repealed until the
total amount OF the Indebtedness here
In provided for 10 wholly paid and dis
charged
Approved April sth 1907.
In testimony whereof. ! have hereun-
To set my hand and affixed the great
seal Of the State of Colorado at the
city Of Denver. this 29th day OF Sept.
a D 1909
TIMOTHY O'CONNOR
tSeal1 Secretary Of State.