The new era., 1910-11-03

and file the same with the secretary Of
STATE STATE F,,t IN the usual form required OF
charge of the duties required by thi.
act; said board is hereby authorised
and empowered to subpoena witnessed.
oaths, and perform other acts neces-
sary TO the speedy and proper dis
charge Of Its duties. The treasurer
Sale board shall consider and deter.
mine min the amount which should aSiF1y ~
said warrants. and is an honest obliEa.
tion OF the state. and shall thereupon
maEe and ds fn ann and
alton with the auditor Of the state. and
the decision of a majority of said board
with respect thereto shall be nnal.
its report with the auditor Of state, the
governor. the treasurer and the seere-
tary Of state are hereby authorised to
rado in accordance with the constitu-
tion SO amended in sum not exceSd-
ing two million. one hundred and III,
and and % aessaaa exchange e0's said d bonds. OF .
many thereof as may be necessary. at
par and accrued interest. for said war;
ad Of for the ha state yeaps Gs iss 1885,
1892, 1898, 1894 and 1897. at par and
the interest accrued thereon. upon sur
rants for cancellation. The holders OF
any said warrants may pay into the
state treasury any difference less than
bonds so delivered to them respectively.
Said bonds shall be dated December
1st, 1910, shall be due and payable In
ton at 'p par r and and accrued Interest in the
order of their number at any time aft
er ten years from their date, at the Of
Of Colorado. and shall bear Interest at
the rate of three per cent. per annum:
payable semi-annually at the office Of
YER, YER Cole Colorado. asu' or in n the city Of New
York. Said bonds shall be numbered
eonsecutiysly,, con beginning at nSmber nun oe
flee Of Of the auditor Of state. and his
certificate of such registration, at:
tested by the seal of his office affixed
to each bond, shall be evidence OF theif
), Section 6. The bonds issued under
TINS act shall be known a. "Eundine
IenaS x Series s OF as1o h s
by the state treasurer. and attested by
the secretary of state. who shall affix
the EGep Hosd seal Of the state to each bond
registered in book kept for that pur-
pose by the state auditor and state
treasurer; in the order in which they M
to the bearer, and shall state upon Its
face the amount for which 1t IL Issued,
the date of Its issuance. and the title Of
this act, together with the section and
article Of the constitution authorixing
the issuance Of said bonds, and the Il.
tie and text of this act shall be printed
bonds. Only such amount and number
of said bonds. shall be issued as may
be necessary to take up or pay the out
standing warrants of the state herein
above mentioned
Section Z: Whenever the bonds pro
vided in this act are issued, 1t 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-
cient in amount to meet the semi-an-
which tax when collected shall be paid
into the state treasury to the credit OF
the interest fund Of said bonds. known
and for the ultimate redemption Of said
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
Sinking Fund"
the redemption of said bonds shall be
levied and collected as other state
taxes. and shall be paid into the state
urer as distinct fund under the prop
er heads, to be issued in payment Of Of
Of said bonds. or for their purchase a.
'Pa va
eTea oi .aS .se
full payment Of the Interest maturing
in any year. the state treasurer. shall
o s. efeds II the to
Series of 1910, Sinking Fund"
All moneys belonging to said sinking
funa may b g sy ss
under this act. but not otherwise.
Section 8. The treasurer shall include
IN his biennial report = statement Of
this act. the amount paid. and also the
amount. II any. carried to the sinking
fund. and how invested. Whsn any 81
deemed under this act. It shall bs the
duty OF the state treasurer to eaneel
the same. SO that they can BE- plainly
cancellation to be made in the registry
books Of both the state trsssurSr Haa
the sta state aTditos 1ln ana thy shall .i:s
office; and any such purchases and
cancellations shall also be made to ap-
pear in the biennial statement OF the
Section 5. For the payment of eeu-
pons representing the first years In
terest accrued on the bonds to be is
is hereby authorized and directed to
apply any moneys at that time In his
hands belonging to the general reve-
nue. fund, or the funds accruing from
interest on bank deposits; and 80 much
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. 1903.
In testimony whereof, I have hero
unto set my hand and affixed the great
seal of the State Of Colorado. at the
city of Denver, this 29th day OF Sep.
(sea) JAMES B. PEARCE.
Secretary Of State.
CONSTITUTIONAL AMENDMENT.
No+Ice Is herehy given that at the Cen.