The Monte Vista journal., 1910-10-08

isx y. STATE !adsbtsdn.:.." and shall
placing cross (X) opposite one or the
ballot.
The votes cast for the adoption or
rejection Of said amendment shall be
canvassed. and the result determined, In
the manner prescribed by the laws Of
the state for the CANVASS of votes for
Representatives in congress. ~
tanning that said amendment to the
people of the state. the governor, state
auditor. state treasurer. attorney gem
eral and secretary Of state shall meet
urer., and organize a. a deb. funding
board; by slecting one Of its members
president and another secretary OF said
any OF their successors In office. .h ann
take and subscribe an oath OF office
and file the same with the secretary Of
state officers. for the faithful dis.
charge OF the duties required by this
ACT act said board is hereby authorized
send for per.on, 10 % ;u6posna witnesses
oaths. and perform other acts neces-
s ssssy to ., The e. speedy and proper dis
ssa e. :he furnish Ths s.
clerical help required by the board.
said board shall consider and deter
mine the amount which should fairly
said sa w sGI,.abiy Se paid upon each Of
.lon OF the state. and shall thereupon
make and file q full and complete
statement state ,es Of Its findings and determin-
the decision Of a majority OF said board
with respect thereto shall be final.
=. Section s. After said board has filed
ns report with the auditor of state. the
tary Of state are hereby authorized to
issue the bonds of the State OF Colo
rado In accordance with the Constitu-
anK two Million one hundred and nj
teen thousand dollars (S2,1l6, 900 .O0)
anu 10 exchange said bonds. or so
and a. be at
rants of the State of Colorado. issued
IN and for-the years 1887. 1883. 1889.
iSs2; 1883. 1894 and 1897. at par and
render Of an equal amount OF said war
rants for cancellation. The holders OF
any said warrants may pay into the
Sloo:o0 each: necessary to pay for the
bonds so delivered to them respectively.
said bonds shall be dated December
fifty years. with the option of redemp-
tion at par and accrued interest In the
order OF their number at any time aft
fice OF the state treasurer of the state
q Colorado. and shall bear Interest at
the rate Of three per cent per annum,
the state treasurer in the City Of Den.
YER. Colorado. or In the City OF New
York. Said bonds shall be numbered
e ene snd vsGyIi b. seEinnnS at NUMBER
Iiee OF the auditor of state. and his
certiticate OF such registration. at
tested BY the seal of-his office affixed
legal Issue.
Section 8. The bonds issued under
ms act shall be known As Funding
by the state treasurer. and attsstsd by
the great seal Of the stat. TO each bond.
r.si:s:rss IN BOOK Kept nS soa ss:s p sne
pose by the state auditor and state
.rs ;",T In The order IN which they
to n. Ss.r.r Each Sohd ;haii Be Isysbl:
face the amount for which Il IL Issued.
,s;. asts Of Is issuance. and the title Of
.ases Of w.S sns and
the issuance Of said bonds. and the Il.
ne and text OF this act shall be printed
Sonds oniy such .tds sue OF each h Of SAID
Of said bonds. shall be Issued e may
b. ne necessary TO take up or pay the out
above mentioned, !.
Section !: Whenever the bonds pro.
vided In this act are issued. Il shall Be
the duty Of the state board Of eQuaiIsa-
ton TO levy and a.sees : special tax on
all taxable property In this state ouffi.
Client IN amount to meet the esmi-an.
nual interest accruing on said bonds,
which tax when collected shall be paid
the interest fund Of said bonds. known
As Funding Bonds. Series OF 1870"
and for the ultimate redemption Of said
forty ', Year.. s lew Year. .aS
the date OF their Issuance euch n tar
upon upon Al the taxable property In tn.
s se 70 ,n wa s create an annual fund
t9SG) OF the whole amount OF The
bonds Issued; which fund shall be
s a. Led "F Ea Bonds Series Of 1910.
All taxes for Interest upon and for
the redemption Of said bonds shall he
levied and collected as other state
s .,s::,r ana shall be paid Into the state
urer a. a distinct fund under the prop.
s : hssds. to be Is:ued In payment Of
Of said bonds. or for their purchass a.
hereinafter provided. and for no other
pSnrno.s w wis Provided. that
credit OF said interest fund. af,sp the the
fun payment Of the interest maturing
In any year. the state treasurer shall
Series OF 1910, Sinking Fund! '''
,. a. money! mon b::ionEinF to said sinking
,ua. nay DC .nvessca by the state
under this act. but not otherwise.
section =. The treasurer shall Include
IN his biennial report q statement of
this act. the amount paid. and also the
amount. u any. carried TO the sinking
fund. ard how invested. when any Of
deemed under this act, Il shall b. me
duty OF the state treasurer to cancel
the sane, 80 that they can Ne plainly
cancellation to be made in the rexistrv
books OF both the state treasurer and
tho state auditor. and they shall also
De kept on file In the state tr~asurer's