The Holt County sentinel., 1911-07-28

various polling places in sad state for
the purpose Of the rattieation thereat
by the voters Of said state o: an act, In
words and figures as fO,owsi
PROPOSAL oF An Act OF THE 18TH
GENERAL ASSEMBLY OF MISSOURI
EoR TIE RATIFICATION TnEREUF
~ THE VOTERS OF SAID STATE
AT N Ei;Er ZION 70 ~ liEl;p FOR
GUST /, 1911.
T.. Said act Of ,he general as,'mbly being
III words and figures as follows, tu-wit;
AN Act
Authorizing aud directing the contracting
of the liability of the state OF Missouri
10y the issuance OF its state bonds In a
sum. not to exceed three and unc-half
milltons uf dollars, and tor the sale Of
stld hunds, To piuNid. means tur tue
building. furnishing and other equip
mrnt of n new state capitol AZ the pres
ent seat Of government Of th" state. and
Tot the purchase Of additional state
capitol premises. and also providing FOR
III" payment oi said bonds aud interest
a'cruing thereon.
b. II enacted by the GENERAL Assembly
OF the state of Missouri. ~ follows:
section l. That the contracting VI the
liability of the state Of Missouri by the
Issuance Of It's bonds IN an aggregate sum.
not To- exceed three and ONE half millions
81 dnllats trcnd"rcd necessary 10y the un..
tofcsc"n emergency Of the destruction OF
The state capitol by fI"i. H. hereby au-
thofiIrd and directed. said bonds to be IN
the denomination Of on" thousand ~ hv"
huhut'd dollars each, Or ut both said de.
nominations ,Is the state board of fund
commissioners may dctcrmneJ and be
payable thirteen years from the issuance
thereof. shall he payable To- bearer in
lawful money OF tie United States. and
shail bear interest ut a rat. not to eN-
coed thtre anu on".half per Ccntum u
year ,as the state boatd of rund commits.
sinn"ts may d"trtnin"b. payable sriui. am
huallN ON tlI" first DAYS oi January aud
july ~ each Nrai aud To- that end suit
able coupons shall I've attached To- each
b"hd Tor III" payment nf said interest.
enrh coupon shall have facsimile III the
signature Of the state treasurer engraved
thereon Said bonds shat he r-dprmuhlr
at the option of ia" stat" after eight
governor, and 10 cnuntprSign"d 10y th"
secretary oi state. with the great seal of
the state attached. anu shall he registered
by the state auditor. To- which II" shall c"r-
tifN on each bond and authenticate such
registration by his si.nattir" aud his Of
hrial seal attached. Snid bands. when 80
prepared aud executed. under III" super.
Vision Of the stat. board of fund commits.
siun"tS. shall hc sold to the hest sdvan-
'nrr by said hoard. but fnr not less thnn
par. The proceeds oi said sal" ~ sales
shall constitu," u fund To- he designated
~ the capitol building ftud und shall he
applied exclusively to the building of ~
new state capitol at III" present seat Of
government of the state. Including IN.
furnishing aud other equipment NJ saLi
building aud tho purchase hy III. state or
additional capitol premises adjoining those
now owned by tile state Provided that
three hundred thousand dollars Of said
fund, or so much thereof ~ may he nee.
"ssarv shall l.. applied to the furnishing
aud other equipment ~ said capitol. aud
two hundred thousand dollars of said fund.
~ 50 much thereof as may he necessary,
shall he applied to the purchase OF land
,sdJoining the present state capitol prem.
s"s, for additional state capitol prem
isrs. Provided, also that said buildIu,
shall he constructed with native Missouri
granite and stone. Contract or contracts
for expenditures to carry out the pur-
poses OF this act In excess NJ said three
md one. half millions Of dollars. with In
trrest collected thereon. shall, TO III.
amount of said excess. be illegal and
void and forever non payable.
Sec, O. That the general assembly shall
and does hereby levy an annual tax Of
two cents on the one hundred dollars
valuation of the taxable property In this
state for the payment Of tho accruing In
ter~st on aaid bonds and for the creation
" % sinking fund for the payment there
n. said taxes. beginning with the year
1912, to he levied and collected annually
n In ease of other state taxes In this
state. until said bonds are fully paid.
See. J. That this act shall NO Into 81.
ratification by III. voters ~ this state ~
IN election. 10 he held for the purpose,
authorized by the general assembly. n
contemplated and required by clause 7 Of
section ~ article " Of the Constitution
N this stat"
Approved March 10. 1871.