The Butler weekly times. (Butler, Mo.) 1881-1918, 1911-04-20

FhOFOSAL UT AN All Og / Il 4ol a FEN
ERAL ASSEMBLY OF MISSOURI FOR
THE RATIFICATION THEREOF BY THE
VOTERS OF SAID STATE AT AN ELEC-
TON TO BE HELD FOR THAT PURPOSE
ON TUESDAY. AUGUST, !, 1911
Said act Of the general ss emily being in
words and figures - follows TO wit:
AN ACT
Authorizing and directing the contracting OF
the liability OF the state Of Missouri by the
issuance OF its state bonds in . sum, not to
exceed three and one. half millions of dollars,
and for the sale Of said bends, to provide
means for the building. furnishing and other
equipment of new state capitol at the pres
ent seat Of government Of the state. and for
the purchase OF additional state capitol prem
Uses. and also providing for the payment Of
said bonds and interest accruing thereon.
Be Il enacted by the General Assembly Of the
State Of Missouri, as follows:
Section l. That the contracting Of the liabll-
ity Of the state Of Missouri by the issuance OF
lite bonds In an aggregate sum not to exceed
three and one-half millions of dollars (rendered
necessary by the unforeseen emergency OF the
destruction Of the state capitol by fire) 10 here
by authorized and directed, said bonds to be in
the denomination OF one thousand or five hun
dred dollars each, or Of both said denomins
tions (as the state board OF iund commissioner "a
may determine) and be PAYABLE thirteen years
from the issuance thereof; shall be payable to
bearer In lawful money OF the United States,
and shall bear interest at rate not 10 exceed
three and one-half per centum q year las the
state board Of fund commissioners may deter
mine), payable semi annually on the first days
Of January and July Of each year and to that
end suitable coupcns shall be attached to each
bond for the payment Of said interest; each cou
pom shall have facsimile 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 state, with the great seal Of
the state attached. and shall be registered by
the state auditor, to which he shall certify on
each bond. and authenticate such registration
by bis signature and his official seal attached;
said bonds. when 90 prepared and executed,
under the supervision Of the state board OF
fund commission ers. shall be sold to the best
by said board, but for not less than
par. The proceeds Of said sale or sales shall
. institute fund to be designated % the capi.
[ol building fund and shall be applied sxclus
lvely to the building Of new state capitol 1t
The present seat Of government Of the state,
the furnishing and other equipment
of said building and the purchase BY the state
81 additional capitol premises adjoining thoee
now owned BY the state: Provided, that three
hundred thousand dollars Of sid fund, or %
much thereof - may be necessary shall be
applied to the Iurnishing and other equipment
II said capitol and Two hundred thousand dol.
lars Of said fund or 90 much thereof % may be
necessary. shall be applied 10 the purchase OF
land tsdjoining the present state capital premi-
Des) for additional state capitol premises:
also, that said building shall be con-
Itructed with native Missouri granite and
tone Contrast or contracts for expenditures
o carry out the purposes Of this actin excess Of
aid three and one-half millions Of dollars with
interest collected thereon shall, 10 the amount
Il said excess. be illegal and void and forever
ION payable.
Sec. . That the general assembly shall and |
oes hereby levy IN ANIMAL tax Of two cents ON |
be one hundred dollars valuation Of the tax.
BILE property In this state for the payment OF
he aeeruing interest on said bonds and for the |
reation OF sinking fund for the payment
hereof. said taxss. beginning with the year
9l3, 10 be levied and collected annually Is in I
Ne Of other state taxes In this state until said
onds are fully paid. 4
Sec. 3. That THE cot shall 80 into effect and
. In force from and after Ito ratification by the
oters OF this state at IN election. 10 be held
" the purpose, authorized BY the general e. II
.mbly, % con templsted and required BY