Gunnison news-champion., 1910-10-07

- -s.- ssss..ssss - ssss = s1nse
- t4ss s-s-sse wssh me ssa~ssary of
5 s:sssss. ssss 20 - sa.s .s: :..s... sss e. :.
- slss assflss rscs.sse ~ thss
aa.a he~ra - sefasy aasfssr .xss
ee-fs - ssi.sp,'en~ .sas-ses
.|1 irafsDus ans ll4sferss -s4w.n4ster
=. saa ssersarn ssfier sdss seass
tse s-SfsesF sld srnsar IS
g - ais-.as HAs t-s~s.sEsr
a.siiitaf sh@E iIsEnish he neaesssFs
hels res4slirsa ~ he he~ra
susara sssali eDnsisier sas seter
ie ansot4al4 Nh4'H ssi"aia TAR.
s4sslis.isig - gs.d al,on ssah az
tHs stste. and shah tkerenpun
ass Sc 81 ss,a eompl.se
= s1a ~ sasssss g ti.e st-is. -ss
70 lal iaiaH - = ia.,orl1F - said soara
FeslaFGl thereto shAis be tisaa
|. 90 :. .Nftet said sss-s has n's~
2 far. she trssssrer and The ssoFs-
= 70 state are hsr.hr sa1hors ss~d 10
~ s"s'sr % zoe -.sse q Ssss-
- 80 smensias Ia q sam not sAessr
~ r. niiilan- one banared and IN
q iiaus-Ha so.lsrs es-ils.sssl 80
an exchanges said bonds OF 80
- thereof mss be nsosssery. 81
- aua accra@a gntersst. fof said war.
g. - rf the stste of Coi"rsss.. is~sed
y 1898 1894 and tss1. sf par sna
30 lltHrest acora.d thereon, apoa ssr-
2. 'ifr % an eassai amount of said var
81 fur cancellation. THE holders ef
said warrants m.y gss into the
e raasurv sny aNfereuce sess than
- 90 each neoess.ry 10 psy for the
s.las - dei4vered to them resPeotiveiy.
500 bonds shasi be dated I'saslnser
= tsia shat be due and payable in
~ Fears. With the option 0f rsaomp-
VI ~ par and accrued Interest In the
0rnHf % their humber af any time cit
g Ten ears from their date. st the Of
~ - the state treasurer of the state
q lpiurado. and shall bear Interest al
- ahle semi annually st the office of
ehe state treasurer In the CITY Of Den
yer, Colorado. or In the Gay of New
Iork said bonds shall be ssmbered
eonsscutiVely. beginning st number
90 and shall he Registered In the Of
No % the auditor Of state, and his
ceri fioste Of saeh res 'strstion Al
e each bond. shsB be evidence % their
seotlon s. The bonas s.ssss under
Sonds' series q isio." ana shall be
~ eued by the governor. cosntersigned
~ the state treasurer. end attested ey
sSs sSsat sas, q 81 the % STATE "S 10 % sscA bond &
sad bonds shall be numbered and
gee istered In a boob kept for that pur-
Ssss 6y The state ssdiier and state
oSe issued. Each bond shall be payable
70 the bearer, and shall state upon its
Sac the amount for which u In issued.
tbs date OF its issuance. and the title Of
thia act together with the section and
or;irie Of the consolidation authortzing
the Issuance Of said bonds. and the u
en- the reverse side Of each Of said
bonds. only such amount and number
Of said honda. shall be issued as may
standing warrants VI the state herein
above mentioned.
Section Z. Whenever the bonds pro-
vtded in this act are Issued. u shall he
ene DUTY Of the state board u eausliza-
etcn TO levy and assess q special tax on
al taxable property In this state suffi-
cseni In amount to meet the semi -an
neai interest sccruinG ON said bonds,
Which tax when collected shall be paid
tnto the state treasury to the credit of
the interest fund Of said bonds, known
- Funding Bonds. Series OF 1870"
end for the ultimate redemption Of said
oonds there shall be levied annually
Tor forty wears. after ten years from
the date % their issuance such q tax
spon all the taxable property In the
STATE as shah create an annual fund
e2nal to two and one-hah per cent.
tsh - OF the whole emount of the
called TFundinG BonAs. seriss OF 1919.
0ankina ruaA
All taxes for Interest upon and for
ievtsd end coliscted as other state
taxes. and shall be paid into the state
treasury In cash only The proceeds
urss q sstnet fsns an.r md s'sfs she prss
er heads. 10 be issued In payment Of
the interest on and for the redemption
of seta bonds. or for their purchase as
hereinafter provided. and for no other
purpose whatever; Provided. that
whenever any surplus remains to the
creait OF said interest fund after the
fun payment of the interest maturing
In Say yess. the state treasurer shall
cause such surplus To be transferred
70 the credit OF the Funding Bonds.
ser's' a,a %, asio inns,n sinking Fund s;a .u.,
funa may be invested by the state
treasurer In any of the bonds issued
under this act, but not otherwise.
Sectton .. The treasurer shall include
In bis biennial report 4 statement Of
the interest," collected In pursuance of
thfe act, the amount paid. and also the
smOunt, " any. carried to the sinking
fund, and how Invested. when any OF
The said bonds are purchased or re-
deemed under this act, IL shall be the
duty of the state treasurer To canoe,
the same. SO that they can he plainly
ident flied. ana cause the record OF such
Canceliat Ion To be made In the regis
hooks Of both the state treasurer and
the state auditor and they shall also
be kept On file In the state treasurer S
office; and any such purchases and
cancel iat ions shall also he made to ap-
state treasurer
Section 8. For the payment of oou-
pons representing the first years in
terest accrued ON the bonds 20 be is
sued under this act the state treasurer
Is hereby authorized and directed to
apply any moneys al that time In his
hands belonging 10 the general reve-
uue fund, or the funds accruing from
interest ON bank deposits. aud SO much
money as NAV be necessary therefor Is
hereby Appropriated out Of such funds
Tor the par meHt OF said interest.
Section 10. The governor and attor-
ney general are hereby authorized to
prescribe the form of the bonds and
coupons to be issued under this act
subject to the provisions Of this act
and all such bonds SO acquired for and
retained in the school fund. shall have
the words Not Transferable plainly
stamped across the face Of said bonds
Approved. April 23rd 1909.
In Testimony whereof, | have here
unto set my hand and affixed the great
seal of the state Of Colorado. at the
CITY of Denver. this 2sth day of Sep
tember. A u. 1919.
Sesp JAMES h PEARCE.
Secretary Of State
sONsrtyN vVON a. AWVNDNENy