The comet. (Johnson City, Tenn.) 1884-1916, 1911-05-18

subscribe TO an oath before the chair
man of the county court to faithfully
and impartially execute the duties of
said office and shall give bond for the
faithful and honest performance of his
duties and to properly account for all
funds coming into his hands as such
commissioner, in the sum- of Five
Thousand Dollars, and shall receive
such compensation as may be allowed
by the county court. They shall con-
stitute commission who are authoriz-
ed and empowered to sell said bonds
for not less than par. Said sale to be
advertised for not less than thirty days
in some newspaper published in said
county. The proceeds of the bonds
when sold to be turned over to deposi-
tories selected by the county court.
SECTION 5.
Be it further enacted, that the Chair
man of the County Court shall keep
well bound book in which the number,
date and amount of each bond signed
and issued is recorded, together with
the number and amount of the coupons
attached to said bond, and in said book
shell bs entered the name of the pur-
chaser of each of said bonds together
with the amount paid for the same.
SECTION 8.
Be it further enacted, That the Chair
man of the Commission and some
other member of said Commission " no |
shall have been elected by said comis-
sion, there secretary, shall alone be
authorized upon their direct warrant or
check, which shall be c9untersignt d |
by the Chairman of the County Court
to draw cut of the hands of the de- |
positories the proceeds arising from |
the sale of said bones, and no check |
shall be drawn until approved and or
dered by the Board of Commissioners,
and the said secretary shall keep set
of books showing the amount in the
hands of the repositories arising from
the sale OF said bonds, and also show
ing the date, amount, ard purpose for
which said fund is checked out of
said repositories, and to whom check
issued
SECTION 7.
Be it further enacted, That said Com
missioners shall make 60 the County
Court, at It's quarterly sessions full
and complete report, and the Chairman
of the County Court at its quarterly
sessions, shall likewise make a fully
report showing the amount received
and paid out by the repositories.
SECTION s.
Be it fu ,ther enacted, That it shall be
the duty of said Commissioners to Sc.
lect and purchase from the sale of said
bonds proper site at Jonesboro, in
sal county upon which to locatesaid
courthouse, and shall attend to the
building of the same until said court
house is finally completed. Should
the present site and courthouse build
ing be sold the proceeds of such sale
are to be used to retire said courthouse
bonds.
SECTION 8.
Be IT further enacted, That said CON-
missioners are authorized to procure a
competend architect to prepare plans
of said court house and inspect all the
work and material used in its con-
struction and to pay him out of the
funds such sum as the
court may order. They are directed to
advertise for at least sixty days for
bids on the plans which shall havel
heen prepared and agreed upon by Is
them. The party to whom the con-
tract is awarded shall enter into bond II
with sureties of unquestionable SOL
vency in an amount and properly con-
TO insure the proper salts
factory and faithful performance of
said work.
SECTION 10. u
Be it further enacted, that the ,
County Court If said County whenever ,
there is suffi cheney of funds arising
from the sinking fund tax above pro-
vided for, or whenever there is fund
not especially appropriated or needed /
for other county purposes, may pur- {
chase and cancel any of said bonds that
can be obtained for price that in the
opinion of the County Court would
Justify them in making such purchase,
and after the expiration of ten years
from the date of the issuance of the first
bonds itshall be the duty of the County
Court through the Chairman thereof to
sail for such an amount of said bonds :
As the sinking fund in his hands will
redeem, calling for them by number,
with ths lowest number
and redeeming them in the order in
which they were issued, Of such rs are
Said call shall no nlada