The Monte Vista journal., 1910-10-22

piscins . cross (x) opposite one or the
other OF said groups Of words on his
The votes cast for the adoption or
rejection Of said amendment shall be-
eanvassed, and the result determined, in
t ne manner mann prescribed by the laws of
rspresentatives in congress. "
Section 4. Immediat ely upon ascer-
on n,ns sat b ss.d amendment to the
people OF the state. the governor. state
auditor. state treasurer. attorney gem
together at the office Of the state treas.
board; BY sIectins one Of its members
board. Each member of said board. and
any Of their successors in office, shall
take AK "a, and subscribe an oath Of office
the usual M's io .hs rsaslsS OF
state Officers. for the faithful dis.
o ost s. ,Gf the duties required by this
and empowered to subpoena witnesses
osths' ana perform other acts neees-
charge Of its duties. h The fG tpes.n 1.s
and auditor shall furnish the necessarv
clerical help required by the board. .
;. Said board shall consider and deter.
and equitably be paid upon each Of
SAID warrants. and is an honest obliRa-
mshs OF an the ,i state. and shall thereupon
statement Of its fndinK. a amd as9mn,si.e
ation with the auditor OF the state. and
M, wi,h oe ras. OF majority of said board
win respect thereto shall be final.
Section 6. After said board ha. filed
It's report with the auditor Of state. the
governor. the treasurer and the secre-
tary OF state are hereby authorized to
RADIO In accordance with the. Constitu-
tlon so amended in 4 sum not exceed
ing ing TWO million. one hundred and fif-
and to eHahsns s0''s sasd onds. % 90
many thereof as may be necessary. MT
par and accrued interest. for said war.
for e the a ys. qs s! 1855 sss
ls92: 1893, 1894 and 1897 at par and
Tn, rned interest accrued thereon. upon sur
rants for cancellation The holders OF
any said warrants may pay into the
s s,an az treasury any difference less than
bonds so delivered to them respectiyelv'
Said bonds shall be dated December
ISL ~; 1910, shall be due and payable In
tion at par and accrued Interest in the
order OF their number at any time aft
er ten years from their date. at the Of
q Colorado. and shall bear interest at
the rate OF three PER cent per annum.
payable semi annually at the office OF
eoieraso or tn. he c SHY Of Of P S.w
York. Said bonds shall be numbered
consecutivsly. beginning at number
' the .uS,os .s. in an. sn; S S
certificate of such . registrstion At
tested BY the seal Of his office affixed
legal issue.
Section 8. . The bonds tssusd under
this act shall be known a. Funding
! Eonas; Series OF 1910" and shall be
by the state treasurer, and attsstsd by
the great seal Of the state 70 each BOND:
book k 3. soa .S:s n sna
pose by the state auditor and state
.ressurer In the order in which they
; az t.sIsd: sseh bond man be payuu,s
face the amount for which It 10 Issued.
the date Of Its issuance. and the title OF
sa,icis 81 With The ::Stisn and
TIE is:uancs- OF said bonds. and the IL
tis ard text OF this act shall be printed
Of sra ponds. snail be issued e may
Do necessary to take up or pay the out.
above mentAoned.-
Section Z. Whenever the bonds pro.
vided In this act are issued. Il shall y
the duty OF the state board Of equaiis0-
si9n to ley and assess special tax On
Client In amount To meet tho semi.an
nual Interest accruinx on said bonds.
,n,n n, tax when collected shall be paid
the interest fund of said bonds. known
as Funding Bonds. Series OF isl1:'
ana Tor the ultimate redemption of said
Cor forty yesrs, after ten yenrs from
the date of their Issuance. such tax
upon all The taxable property In III.
equal to two and one-nalf per cent
,-hD OF the whole amount Of the
bond, is.ueii which fund shall be
H. 81 - n n
sinking Fund"
III. !hs, REDEMPTION e said bonds shall be
aud n .a. be- paid a. into S'h h. state
treasury in cash only. The pr proeesds
Thereof, u..r shall ss Hek, by the stale tr...-
the Interest ON and for the redsmpti Ion
OF said bonds. Sr for their purchaie as
psrpa.s ana SI5 no o,ne,
.rsaI, OF said inieTe., FUND i af,. 20 H., ,Ss
tui payment q the interest maturing
10 the credit * til. "r"ndinH nI nenSs
series Of 1910, sinking Fund"
fund may be invested by. the STATE
under this act. but not otherwise.
Section !. The treasurer shall Include
IN his biennial report u statement Of
the interest collected In pursuance Of
this act. the amount paid. and also the
fund. and how Invested. When any or
the said bonds. are purchased or 70.
deemed under this act. Il shall he the
the same. 80 that they can be plainly
Identified. and cause the record OF such
cancellation to be made In tho registry
books Of both the state TREASURER and
the state auditor. and they shall also
be kept on fife In the state tremsurcris
OFFICE; ana amy such purchRscs and
pear In the biennial statement Of tie