Fort Pierce news. (Fort Pierce, Fla.) 190?-1920, 1909-01-22

nosals for performance OF SUCH worK
and letting the same, as is herein pro-
vided, and at any such letting shall re-
ouire from the contractor or contractors
performing such work, sufficient bonds
or other secucity for Its faithful per-
Torrance according to the specifications
and contract to be entered into in that
regard: Provided, That in case the
Trustees do not receive satisfactory
bids for the road work, that they may |
at their discretion and with the consent
of the County Commissioners be author
lied to purchase such machinery as
deemed best and let the work by
contract.
COMPENSATION Of TRUSTEES.
Sec. 16. Said Road Bond Trustees
shall be allowed from the proceeds OF
the bonds three dollars $500 per day
for such time actually engaged in the
work, and expenses, said expenses 10
be approved BY the Board OF County
Commissions
Sec. II. RIO Road Bond Trustee shall
be or become personally interested in
any contract let for or conceruilg any
road or work done, performed, or to be
done or performed for said county, or
in the sale Or furnishing OF any mater
ial or lsbor for such work, or any part
Thereof, or shall directly or indirectly
lbe or become personally interested
therein, or TO have OF receive any con-
mission, fee or gratuity in regard
| thereto, and any such person violating
any provision Of this section shall,
upon conviction thereof, be punished
by fine not exceeding one thousand dol.
lars (s1, OOO.OO) or by Imprisonment not
exceeding one year, or both, in the
discretion Of the court.
REPORTS.
Sec. Is. The said Bond Trustees
shall quarterly, on such day as may be
required by the Board Of County Com.
missiuners, render report to the said
Board in which they shall state the
amount Of money received and for what
purposes and from what sources, sew
orally aud when received. and where
and how the same has been invested,
and enumerating the kind and amount
| of securities held therefore, describing
the same separately, and such other
matters as may be required by the
Board in order to full understanding.
and said Road Bond Trustees shall also
make a full, complete and detailed re-
port showing the amount of road work
done, and the mileage, width, material
Vt which built, and cost OF each road
or part Of each road built. Said re.
ports shall be published in some news
paper printed in St. Lucie County.
MONEY FOR SINKING FUND.
Sec. 10. All money collected TO pay
the interest, or for the sinking fund, Of
said bonded debt, shall be paid over BY
, the Tax Collector, or other person re:
ceiying the same, on account Of taxes
collected Or property sold therefore tc
, the said Road Bond Trustees, and the
said Trustees are required 70 pay ou-
!, OF the money SO received the interes,
! Of seldeounsy bonds and 70 inyest tn,
residue in the bonds aforesaid, or il
bonds or banks OF trust company paying
/, Interest, to be held as aa accumulatibs
! fund for the redemption Of said bonds
q REMOVAL OF TRUSTEES.
!, Sec. 20, The said Road Bond TINS
i tees, or either Of them, may resign a
d any time by communication in writin,
: to the Board Of County Commissioners
= and any one or more Of the Road Bon,
4 Trustees may be removed for sot
# hcient cause BY the Judge Of the Cir
!, cult Court upon petition signed BY an,
0 bond holder or tax payer, setting iorti
\ the cause Of complaint. but no Trus,e,
9 shall De removed without notice al,
. IN opportunity to BE- publicly heard
d unless i appears thavthe accused Tru,
! 1ee has absented himseli 90 that po.,c,
!.