Graham guardian., 1909-06-18

payment of such interest, the sur.
plus shall be paid by the treasurer
into the general fund of said county.
Section Is. Until the bonds is
sued under this act are fully paid,
including the interest thereon, the
faith and credit of the county of
Greenlee, are, and shall continue,
pledged for the payment of the
same, and said bonds shall be ex-
empt from all taxation in this Terri
tory. All costs and expenses in
Cured for providing and procuring
the bonds under the provisions of
this act, for the publication of no.
tees, remitting funds for the pay
ment of principal or interest of said
bonds, and all other necessary in
fcidental expenses, shall be credited
and paid by the board of supervis-
ors of said county of Greenlee, out
of the general fund of said county.
Section 10. All bonds issued prior
to the passage of this act, for school
purposes, under the laws of the
Territory of Arizona, within the
county of Graham, as the same may
exist after the creation of the county
of Greenlee, shall be and remain the
obligation of the county of Graham.
All school bonds issued for school
purposes under the laws of the Ter
ritory of Arizona, within the bound
aries of the county of Greenlee, for
which bonds have been issued by
the county of Graham prior to the
passage of this act, shall be the OBJ
legation of the county of Greenlee,
and shall be paid to the county of
Graham as hereinbefore provided
for payment of legal bonded in
debtedness of Graham County. The
school district within the county of
Greenlee for which bonds have been
issued by the county of Graham,
and for which the county of Green
lee has paid the county of Graham,
shall be and remain charge upon
such school district for the purpose
of paying the principal and interest
of such bonds in accordance with
law.
Section 20. All taxes levied and
assessed upon all property within
the boundaries of the county of
Graham as the same exists prior to
the creation of the county of Green
lee, for the year 1910, shall be pay
able to and collected by the proper
officers of the county of Graham,
and all expenses of the county of
Graham and the county of Greenlee
incurred prior to the first day of
January, 1911, shall be paid out of
and from the county treasury of the
county of Graham. The board of
supervisors of the said county of
Graham and the said county of
Greenlee, at the meeting of said
board to be held upon the second
Monday in January, 1911, as here
inbefore provided, shall ascertain
the amount of cash on hand in the
treasury of the county of Graham
at the close of business on the 31st
day of December, 1910. and said
cash shall be divided between the
county of Graham and the county
of Greenlee in proportion to the as
sessed valuation of the property
within the boundaries of the said
county of Graham and the said
county of Greenlee, as the same
may be shown by the assessment
roll for the county of Graham for
the year 1910. ..
Section 81. All of the moneys
collected after the first day of JAM
uary, 1911, for county purposes by
either of said counties Of Graham or
Greenlee, on assessments of prop
erty made in said county of Graham
prior to the organization of the
county of Greenlee, each of said
counties shall be entitled to equalize,
collect, receive and own such por-
ton as shall have been assessed on
property within their respective
boundaries, as fixed by this act,
and the said county of Greenlee is
hereby vested with all the powers
necessary for the collection of its
portion of the same that it would
have possessed if the said assess
ment had been made originally by
the said county of Greenlee, and it
is hereby made the duty of the
treasurer of Graham County to
transmit to the treasurer of Green
lee County, on or before February
l, 1911, a certified list of all taxes
and debts of every description due
to Graham County on the 31st day
of December, 1910; and it is hereby
further made the duty of the as
SCISSOR of said Graham County to
transmit to the assessor Of said
Greenlee County on or before Feb
| r,,arv 1911 a certified LIST of all