The Lexington intelligencer. [volume] (Lexington, Mo.) 1901-1949, 1911-04-01
COPY OF
CAPITOL BILL
Measure THAI Passed The
Legislature And Has Re-
ceived The Approval Of
The Governor.

The Governor.
Section /. That the contract
ing of the state of Missouri by the
issuance of its bonds in an ag-
gregate sum, not to exceed three
and one-half millions of dollars
(rendered necessary by the un-
foreseen emergency Of the de-
%structIon Of the state capitol by
fire., is hereby authorized and
directed, said bonds to be in the
denomination of one thousand or
five hundred dollars each, or of
both said denominations (as tire
state board Of fund commission
ers may determine) and be pay
able thirteen years from the is
suance thereof; shall bear interest
at a rate not to exceed three and
one-half per centum a year las
the state board of fund commits
sioners may determine), payable
seml-annually on the first days of
January and July of each year,
and to that end suitable coupons
shall be attached to each bond for
the payment of said interest;
each coupon shall have a fac
simile of the signature of the
state treasurer engraved thereon.
Said bonds shall be redeemable
at the option of the state after
eight years from date, shall be
signed by the governor, and be
countersigned by the secretary of
l state, with the great seal Of the
state attached, and shall be
S registered by the state auditor,
t to which he shall certify on each
l bond, and authenticate such
registration by his signature and
S his official seal attached said
K bonds, when so prepared and
o executed, under the supervision
Of the state board of fund com.
m~issloners, shall be sold to the
best advantage by said board, but
n for not less than par, The pro-
ceeds of said sale or sales shall
constitute a fund to be designated
as the capitol building fund and
d shall be applied exclusively to the
building of a new state capitol al
II the present seat of government o
the state, including the furnish.
g. ing and other equipment of sale
building and the purchase by thu
% state of additional capitol prem.
ises adjoining those now owned
p by the state. Provided, thai
=, three hundred thousand dollars Of
said fund, or so much thereof al
N may be necessary, shall be ap'
70 piled to the furnishing and othe,
equipment of said capitol, ant
b two hundred thousand dollars o
n said fund, or 80 much thereof a
,, may be necessary, shall be ap
y, piled to the purchase of land (ad
Joining the present state caplto
premises) for additional state cap
!, itol premises; Provided, also
0 that said building shall be con
structed with native Missouri
granite aud stone. Contract o
Q contracts for expenditures to carr
/ out the purposes of this act III e1
" cess of said three aud one-ha
millions of dollars, with intere'
collected thereon, shall, to tn
amount of said excess, be lllegl
and void and forever nOn-payahl'
Section 2. That the general a
Nm
ssmbly shall aud does hereby lev
III an annual tax of two cents On IL
one hundred dollars valuation
a the taxable property in this sta.
lP- for the payment of the accruir
lie interest on said bonds and for ii
creation of a sinking fund for tt
payment thereof, said taxes, b
ginning with the year 1912, to
levied and collected annually as
case of other state taxes in TIL
rec state, until SAID bonds are full
ne paid.
ne Section 8. This act shall go in
of effect and be in force from al
after its ratification by the vote
~ Il