The Elbert County tribune., 1910-11-04

I 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
scd sct sgneusd said board e hereby authori.sd
oaths. and perform other acts eu neees-
Charge of It's s 9Ssies. Ana The prGPea tpeasnrsr %
and auditor shall furnish the necessary
clerical sa;s help help required @ by the board:
and equitably be. paid upon each OF
tion of the. state. and shall thereupon
statement Of Il. findings and determin,
the decision of majority of said board
with respect thereto shall be final.
it's report with the auditor OF state. the
governor. the treasurer and the secre-
tary of state are hereby authorized to
rado in accordance with the Constitu-
tion SO amended In a sum not exceed
teen thousand dollars (S2,115, ,000.0o)
and to exchange said bonds. or so
many thereof as may be necessary. at
rants of the State of Colorado. issued
in and for the years 1887. 1883. 1889,
1892, 1893. 1894 and 1897. at par and
render OF an equal amount OF said war
rants for cancellation. The holders of
state treasury any difference less than
10000 each, necessary to pay for the
bonds SO delivered to them respectively.
Said bonds shall be dated December
LIST, 1910. shall be due and payable In
fifty years. with the option OF redemp-
order OF their number at any time aft
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 of
or in IN the y OF Saw
York. Said bonds shall be numbered
consecutively, beginning at number
flee 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 their
legal issue.
Section 8. 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 pur-
treasurer. in the order in which they
are issued. Each bond shall be payable
face the amount for which 1t Is Issued
the date OF Its Issuance. and the title of
this act together with the section and
article of the constitution auth orizing
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
above mentioned.
Section Z: Whenever the bonds pro-
vided In this act are issued, II shall be
the duty of the state board of equaiiza-
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
as Funding Bonds. Series OF 1910"
and for the ultimate redemption of said
bonds soI there shall be levied annually
the date OF their issuance. such tax
upon all the taxable property in the
equal to two and one-haif per cent.
S2h% 10 of the whole amount of the
bonds Issued. which fund shall be
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
urer as distinct M Fund under ind s's he psop
er heads. to be issued in payment of
tn the interest l1t rest, on and for the redemption
purpose whatever; Provided. that
credit Of said interest fund. % after e the the
full payment of the interest maturing
In any year. the state treasurer shall
to the credit OF the Funding Bonds.
Series of 1910, Sinking Fund"
fund mSn Ss b to SAID
treasurer In any of the bonds issued
under this act, but not otherwise.
Section y. 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
amount. II any. carried to the sinking
fund. and how invested. When any OF
the said bonds are purchased or re-
| duty of the state treasurer to cancel
the same. SO that they can be plainly
Identified. and cause the record OF such
books of both the state treasurer and
the state auditor. and they shall also
be kept on file In the state treasurer's
| cancellations shall also be made to APP
pear In the biennial statement of the
Section 9. 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
| nue. fund, or the funds accruing from
| interest on bank deposits: and so much
money as may be necessary therefor is
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 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 29th day of Sep
tember, A. d. 1910.
| (SeaD JAMES b. PEARCE
Secretary of State
CONSTITUTIONAL AMENDMENTS.
| Notice is hereby given that Mt tho Cam