The daily sentinel., 1910-11-02

tAks aad subscribe an oath Of office
and file the same with the secretary Of
state. In the usual form required OF
| state officers. for. the faithful dis
charge Of the duties required by this
act. said board IL hereby authorized
and empowered to subpoena witnesses
send for persons and papers. administer
oaths, and perform other acts neces-
sary to the speedy and proper dis
and auditor shall furnish the necessary
clerical help REQUIRED by the board
Said board shall consider and deter
mine the amount which should fairy
and equitably be paid upon each OF
said warrants. and is an honest obliga-
tion OF the state. and shall thereupon
statement of Its findings and determin--
alton with the auditor Of the state. and
the decision of majority OF said board
with respect thereto shall be final.
Section 5. After said board has filed
its report with the auditor OF state. the
tary OF state are hereby authorized 10
issue the bonds of the State of Colo
rado in accordance with the Constttu-
tion SO amended In sum not exceed
ing two milton. ono hundred and fif-
teen Thousand dollars ($2.1l5.000.o0)
and to exchange said bonds. or SO
many thereof as may be necessary, at
par and accrued interest. for said war:
rants OF the State of Colorado issued
In and for the years 1887. 1Sss--lss9.
1892. 1893. 1894 and 1897, at par and
the interest accrued thereon, upon sur
render of an equal amount of said war
rants for cancellation. The holders OF
state treasury any difference less than
10000 each, necessary to pay for the
bonds SO delivered to hem respectively.
Said bonds shall be dated December
LIST, 1910. shall be due and payable In
fifty years. with the option of redemp-
ton at par and accrued Interest In the
order of their number at any time AFT
er ten years from their date. at the Of
flee OF the state treasurer of the State
Of Colorado. and shall bear Interest at
the rate Of three per cent. per annum.
payable semi-annusliy at the office of
the state treasurer in the City of Den
YER. Colorado. or in the City OF New
consecutively. beginning at number
one. and shall be registered In the of
flee OF the auditor of state. and his
tested by the seal of his office affixed
to each bond. shall be evidence of their
Section s. The bonds issued under
this act shall be known Funding
Bond. Series Of 1910" and shall be
the secretary of state, who shall affix
the great seal Of the state to each bond.
said bonds shall be numbered and
pose by the state auditor and state
treasurer, In the order in which they
are issued. Each bond shall be payable
to the bearer. and shall state upon Its
face the amount for which II II issued.
the date of Its issuance. and the title of
this act. together with the section and
the issuance Of said bonds. and the II.
tie and text of this act shall be printed
on the reverse side of each OF said
bonds, Only such amount and number
of said bonds. shall be Issued as may
be necessary to take up or pay the out
standing warrants of the state herein
Section I: Whenever the bonds pro-
yided in this act are issued. II shall be
The duty of the state board Of equaliza-
tion to levy and assess a special tax on
all taxable property In this state suffi-
Client In amount to meet the semi-an
nls whieh in.ers , wb.n seerIlnS on sad bonds
into the state treasury to the credit of
the interest fund of said bonds, known
and for the ultimate redemption of said
bonds there shall be levied annually
for forty years, after ten years from
upon all the taxable property In the
equal TO two and ons-half per cent.
Sosd ssuea shs wseh ThS' smSrnt sans .hs % 's: B:
s,ns;n sailed "FSndaing ISa Bonds. ssriss Of 1910,
the redemption Of said bonds shall be
taxes. and shall be paid Into the state
thereof shall be kept by the state treas
urer as distinct fund under the prop
er heads. to be issued In payment of
the interest on and for the redemption
Of said bonds. or for their purchase as
~nersinaf,sr ~ Provided. and for no other
p9hrposs WhIMsS., whstevsri wis Provided. that
credit OF said interest fund. after the the
full payment of the Interest maturing
In any year. the state treasurer shall
to the credit OF the Funding Bonds,
Series OF 1910, Sinking Fund.-.
,,nd AZ money: mon o,sionsing ,no to said sinking
treasurer In any OF the bonds issued
under this act, but not otherwise.
section = The treasurer shall include
n his biennial report statement of
the interest collected in pursuance Of
this act. the amount paid. and also the
funa ana how sy TO WIEN n: ..nsi1s sny Il
the said bonds are purchased or re-
deemed under this act. Il shall be the
eS ..m h '; s.: TIE; o.n 70 ps1 s:s
Identified. and cause the record Of such
cancsllation to be made In the registry
the state auditor. and they shall siss
BE- kept ON file In the state trsasurer's
office: and any such purchases snd
pear in the bisnniai ststemsnt Of tks
Section ;: rer tn. p:yn.n. of .su-
tsrsst accrued on the bonds 10 BE- L.
susA under this act. the state treasurer
!: hereby authorised and directed e
hands belong gilG to the general revs-
nue. fund. or the funds acsruing froa
intsrest on bank deposits: and 80 much
hereby appropriated out OF such funds
70. tbs payment Of said interest.
80 Section .n.,., II II: SsysrAor snd after.
prescrib~ the fern of the bonds rana
coupons - be issued under this act
and all such bonds SO acquired for and
retained In the school fund. shaN have
the words mot Transferable plainly
Approved. April 33rd, 1908.
In testimony whereof. I have here
unto set my hand and affixed the great
seal Of the state OF Colorado. at the
City of Denver. this 3eth day Of ssp-
tsmber. A. D. 1910.
{ssaD JAMES D. PAAKCH,
Secretary OF State.
coNsTrTUTlONAL AMENDMENr.
Notioa II hereby given. that at the aAn.