The new era., 1910-10-06

take and subscribe an oath of office
and file the same with the secretary oe
state officers. for the faithful dis
charge of the duties required by this
and empowered to subpoena witnesses.
send for persons and papers. administer
oaths, and perform other acts neces-
Charge y 90 of ut its SUITES daties. All The treasurer
and auditor shall furnish the necessary
clerical help required by, the board;
mine the amount which should fairly
and equitably be paid upon eaSh , OF
said warrants. and is an honest a, ooiiga,
5tatemenf aHs ena Of as It. fndiass ana ma dsssrmin
alton With the auditor Ct the n ssia sae; board
with respect thereto shall be final.
Section s. After said board has has filsa 1sa
governor, the treasurer and the secre-
tary of state are hereby authorised to
issue the bonds of the State Of Colo
tion so amended in sum not exceed
ing two million, one hundred and III
teen thousand dollars Gs2,1dd5.ooGo0 Gs2,Ids 90 o.
many thereof as may be necessary. at
par and accrued interest. for said war,
rants Of the State Of coloradS issSea isss
1892 1898, 1894 and 1897. at par and
the interest accrued thereon. upon sur
OF an eaT The @ holders Of
any said warrants may pay into the
state treasury any difference less than
bonds sy SO delivered to them respectively.
Said bonds shall be dated December
LIST. 1910. shall be due and payapie IN
tion at par and accrued interest in the
order of their number at any time art
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-annually at the office .o OF
Yer, COLORADO. or In the G City OF New New
pa ys be- segnns At in ahe
flee Of the auditor of state. and his
certificate of such registration. at;
to each bond, shall be evidence of their
Section 6. The bonds issued under
Bonds, Series of 1910" and shall be
signed by the governor. countersigned
by the state treasurer. and attested by
the great seal of the state to each bond:
Said bonds shall! be numbered and
registered in book kept for that t. PVT.
treasurer, in the order in which they
are issued. Each bond shall be payable
to the bearer AND shall st state upon 9ssnaa us
this act. together with the section and
article of the constitution authorizing
tie and text of this act shall be printed
on the reverse side of each of said
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-
vided in this act are issued. II shall be
the duty of the state board Of equaliza-
tion to levy and assess special tax on
all taxable property In this state suffi-
Client in amount to meet the semi-an-
nual interest accruing on said bonds;
which tax when collected shall be paid
into the state treasury to the credit OF
the interest fund of said bonds. known
J as Funding. Bonds. Series of 1907.
bonds there shall be levied annually
for forty years. after ten years from
upon all the taxable property in the
state as shall create an annual fund
equal to two and one-half per cent.
bonds issued. which fund shall be
called Funding Bonds. Series of 1910,
Sinking Fund"
| the redemption of said bonds shall be
levied and collected as other state
taxes, and shall be paid into the state
thereof shall be kept by the state treas
urer as distinct fund under the prop.
heads to be issued fe In IN
of said bonds. or for their purchase as
hereinafter provided. and fo5 no other
eredt @sdneSe! Of .aiS S interest interest FUND. after the
| full payment of the interest maturing
cause such surplus to be transferred
| to the credit Of the Funding Bonds.
Series of 1910, Sinking Fund
treaaurer @ in any ny Of the bonds issued
under this act, but not otherwise.
Section 8. The treasurer shall include
| in his biennial report a statement OF
the interest collected in pursuance OF
this act. the amount paid. and also the
| fund. and how invested. When any OF
| the said bonds are purchased or re-
deemed under md this act; 1T shall be beth; ths
| the same. SO that they can be plainly
Identified. and cause the record Of such
BOOKS BOOK Of both the state treasurer and
the state auditor. and they shall also
be kept on file in the state treasurer 9
eaneeliations esee ah a Shall also be made to ap-
pear in the biennial statement of the
! state treasurer.
Section 8. For the payment of cou-
| pons representing the first years In
| terest accrued on the bonds to be Is
sued under this act. the state. treasurer
is hereby authorized and directed to
apply any moneys at that time In his
hands belonging to the general reve-
nue. fund.- or the 1undS accrulnS from
interest on bank deposits; and so much
money as may be 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 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 mot Transferable" plainly
stamped across the face of said bonds.
Approved. April 23rd. 1909.
In testimony whereof, I have here
unto set my hand and affixed the great
seal of the State of Colorado, at the
tember, A. D. 1910.
(SeaD JAMES b. PEARSE,
Secretary of State.
CONSTITUTIONAL AMENDMENT.
Is herehY RIYen. that at the Gen.