The daily sentinel., 1910-10-28

state officers. for the faithful dis
act. Said board is hereby authorised
and empowered to subpoena witnesses.
send for persons and papers. administer
sary to the speedy and proper dis
charge of Its duties. The treasurer
and auditor shall furnish the necessary
clerical help required by the board.
Said board shall consider and deter
mine the amount which should fairy
and equitably be paid upon each of
said warrants, and Is an honest obliga-
tion of the state. and shall thereupon
make and file full and compi5te
alton with the auditor of the state. and
the decision of majority of said board
with respect thereto shall be final
Section 5. After said board has filed
governor, the treasurer ard the secrs-
tary of state are hereby authorized to
rado In accordance with the Constitu-
tion so amended in a sum not exceed
ing two million. one hundred and fif-
and to exchange said bonds. or so
many thereof as may be necessary. at
par and accrued interest. for said war
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
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
LIST. 1910. shall be due and payable in
fifty years. with the option of redemp-
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
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-annualiy at the office OF
the state treasurer in the City of DEN
yer, Colorado, or in the City OF New
York. Said bonds shall be numbered
one. and shall be registered in the Of
flee Of the auditor OF state. and his
certificate OF such registrstion at,
TO each bond shall be evidence OF their
legal issue.
Section 6. The bonds Issued under
Bonds. Series OF 1910. and shall be
signed by the governor. countersigned
by the state treasurer, and attestsd by
the great seal OF the state to each bond.
re- sfilf sSnGs & sfsn ball be numbered and
pose sy the state eesh .ssI,or p. Tor ns ,sa RaF
treasurer, In the order in which they
are issued. Each bond shall be payable
TO the bearer. and shall state upon its
tsce The amount for which II Is Issued.
the date OF Its Issuance. ard the title Of
this act. together with the section and
article of the constitution authorizing
ihe issuance of said bonds, and the IL
tie and text of this act shall be printed
on the reverse side of each OF said
bonds. Only such amount and number
or 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 7. Whenever the bonda pro,
vioed In this act are Issued. II shall be
the duty of the state board of eoualjza-
ton to levy and assess a special tax on
all taxable property in this state suffi-
cient In amount to meet the semi an
nual interest accruiins 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
az Funding Bonds, Series Of 19I1;"
and for the ultimate redemption of said
tSs fSs da dorty years, ;Is,, after ten years from
upon an the taxable property in the
equal to two and one-haf per cent
S2h%} of the whole amount of the
bonds issued. which fund shall be
CALLED Funding Bonds, Series Of 1910
Sinking Fund" '
All taxes for interest upon and for
levied and eoliseted a. o"oi other spa.t ataes ts
taxes. and shall be paid into the state
iberssfy t5snsSfy Nm, ID cash only: The proceeds
urer As distinct Fund under ind the she t5eas pfop-
er heads. to be issued In payment OF
n ne interest on ard for the redemption
psrpose aPa Paorided rIl DO 0shss thss
sresj. o ,a1S any surplus remains to ne
iuii payment OF the interest maturing
In any year. the state treasurer shall
sause Ca Sc. sH,h craa,, surplus 10 be tran.terred
Series OF 1910, Sinking FUND"
fun1 money: mSn o,1,9nging ,nSs.,a to to SAID sinking
tTeasuIsI IN ,nM ,nvested by the state
under this act, but not otherwise.
a., section .. The treasurer shall ineiuAs
In his biennial report \ statement on
In
this act. the amount paid. and also the
ssmount s II any. carried to the sinking
the said bends are purchased or re-.
dsemed under this act. It shall Be the
duty Of the state treasurer to cancel
Identified. and cause the record Il sssk
sSsnSeiiation S 70 be made In the registry
BE- kept on file in the state tress.rsIs
OFFICE; and any such purchases and
e..e'iist,S.s II lon shall also :. made !. -
state trsasursr.
s.etiss :: y.r the payment Of ses-
l.:, :sess:s on ,S aS' sans sT.s u
svsS Under tAis act. the state trsssursr
.Ii. !, hisrssy ...Asstsss and dir.ei.i g
hss1. bsl..siHS !. the nHx x.nsqs, s = s.1s. q.
nus fund. or the funds ascruin1 frsa
interest on bank deposits: and so mvsh
hereby appropris.sS Prop cut q snes asssfos fosts
fer the payment ef said interest.
esetion 10. The geverner and atteS.
pfsscrfb. ths form Of the bon1s end
coupons to Be Issued uader this ACT,
sssject to the provisions sf this act:
retained In the scAsol funA. shall have
the words Net frensfsrsSie- plainly
stamped across the face Of said Sends.
Approved. April 33rd, 1895.
In testimony whereof, / have here.
unite set my hana and affixed the great
seal ef the state Of Colorado. at the
tenber. A. d. 1919.
tSsaD JAMES ,. PDARCA,
Secretary of State