Gunnison news-champion., 1910-10-14

1w&f aaG 8a88Irt.e - 80.G q
ans $50 sas sAass ssssA sas ssor~sssy e
ss.ss ess.osra. sor the sas.ass as
a. s.ss asas. = hssss- ss.ssrsss1
asa esasosersa 40 sssspsans es1ssessseA
sessa sor psrsons ans paseEs. assmsass.sr
ssrs 70 NE speedy and propsr dss-
oAszGs of rs a.s1ses. The treasssrer
and auditor shsE farnssa The neeessAfy
clerical help reaaslree by The board.
said board sAaA oonsiser and aeser-
nasIss The amount which should fasrly
and easssAsiy be psaa svon each Of
tian 81 The sss.s. and shall theresyen
ss max ana sl's - an ana sssa..a' seng,ass
the asuision ef a mA3oesfy % said board
VIA resp.ot thereto o4QA be ftnAA
sssn ,.s sfsss ss :.f sss.s = So. ss ss:ss sss
soVernsr. the trssssrer and The sore
tsry % skate are hereby authsrsssd TO
rsas sss IN sAs sessrasaSs ssiss s ..sA M She he 60
tssn 80 smendsd " . ssm not sAs.S
ins Two million. one h.narsd and ~
sss sna - s".sTas ss@Hsnss s'A. sara bonds ss 80
pa and accrued interest. Tor sesd war
y % ana = Scr s"t ,hs -s Years r. ISL fsss. 1855
lss2 lsfs. 1924 and 1897. 81 par and
the Interest accrued thereon. upon sur
rants for cancellation. The holders Of
any said warrants may pav tuso the
state treasury any difference loeo teen
oi0s. 90 each. necessary TO pay foe The
| bonds 80 delivered to them respectively
Said bonds shall be dated December
ist 1919. shall be due and payssss 10
osftv years. With the option OF ro4omp-
tion at par and accrued Interest In the
| order Of their number 81 any time eft
er ten yesrs from their date, 81 the Of
| flee of the state treasurer Of the stale
| Of Colorado. and shall bear Interest at
the rate % three per cent per annum
pay.nie Semi-snnasily si ne odfiae S of
| vsr. Colorado. or In the City OF New
YOe6. said bonds shall be Numbered
sss sna ssa DO ssssha rsssssres sss OF
certificate Of such reeistration. at
to each bond. shall be evidencs q their
bsction s. The bonds tsausd under
Bonds. series Of isio." and shall b.
| sisned by the governor. countersiened
BY the state treasurer. end attested bv
the ereai seal Of the state TO each bond
said bonds shall be numbered and
regisaered In a boob kept Tor that pur-
treasurer In the order In which they
ere Issued. Each bond shall be payable
TO the bearer. and shall state upon Its
| face the amount for which 10 issued,
the date OF Its issuance. and the title of
this act. together with the section and
article Of the constitution authorising
| the issuance Of said bonds. and the III
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 IS may
he necessary TO take up or pay the out
standing warrants Of the state hsrsia-
section !. whenever the bones pro-
vided In this act are Issued. u shall be
the duty Of the state board Of equaliza-
,l9n m .s,y to ley and assess 2 spssial tax , on
cient In amount to meet the semi-an-
nual Interest accrutng on said bonds,
into the state treasury to the credit Of
| the interest fund 81 said bonas, known
as Funding Bonds. Series of 1910" !"
and for the ultimate redemption of said
bonds there shall be levied annually
for forty years. after ten years from
the date OF their Issuance, such a tax
state as ,hs sres,s pr'pepy annual n ,ana ,ns
equal to two and one-half per cent.
2h% OF the whole emount Of the
called Funding Bonds. Series OF 1919
Sinking Fund"
All taxes for interest upon and FOR
levied and collected as other state
taxes. and shall be paid into the state
treasury In cash only. The proceeds
| thereof shall he kept by the state treas
urer as a distinct fund under the prog
er heads. TO be issued In payment OF
the interest on and for the redemption
hereinafter provided. and for no other
purpose whatever Provided. that
Of .sS ssPss fsms s,sq sg ,ss
full payment OF the interest maturing
In any year. the state treasurer shall
Gauss snch surplus to be transferred
Series Of 1910, sinking Fund"
All moneys bsionging TO said sinking
in any myers 81 the e bonds as ,.saes
under this act, but not otherwise
section .. The treasurer shall incluAs
the interest collected in pursuance OF
thto act. the amount paid, and also the
emount. N any, carried to the sinking
the said bonds are purchased or re.
deemed under this act. II shall be the
duty OF the state treasurer to cancel
the same, so that they can be plainl y
Identified. and cause the record OF such
cancellation to he made in the registry
books Of both the state treasurer and
be kept on file in the state treasurer
office; and any such purchases and
canoe ellstions shall also be made to APP
pear In the biennial statement Of the
state treasurer
section .. For the payment of cou-
pons representing the first years In
terest accrued on the bonds 10 be rs
sued under this act. the state treasurer
is hereby authorized and directed to
Apply any moneys at that time in his
nue. fund, or the funds accruing from
interest on bank deposits: and SO much
money as may he necessary therefor is
hereby appropriated out of such funds
for the payment Of said interest.
Section 10 The governor and attor-
ney general are hereby authorized 10
| 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, 1903
/ 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
tenn ber. A. ID. 1910.
tSeaID JAMES r. PEARCE.