The Hood River glacier. (Hood River, Or.) 1889-1933, 1911-03-02

road or roads shall be constructed by
the county court. And if there be
State Highway Commissioner then.
under the supervision of an engineer
or road constructor appointed by the
Highway Commissioner, upon the
request of the County Court but such
supervisory officer shall have nothing
to do with the location of such road or
roads.
Sec. II. Beginning with the fourth
year after the bonds are sold the
county court shall each year thereafter
until the maturity of the bonds set
aside as special fund for the pay
ment of the bonds such percentage of
the face value of the bonds as at the
date of their maturity shall aggregate
the full face thereof. Where bonds are
issued in different series maturing at
different times a separate redemption
fund shall be provided for each series
of bonds. The amount necessary to
provide this redemption fund together
with sufficient sum to pay the annual
interest on all bonds sissued shall be
added to the general levy of taxes as
may be required.
OGCs Il, NV DOlnl lSouCu LllC
provisions of this act shall bear a
greater rate of interest than six per
cent per annum nor shall any bond be
sold for less than the par value thereof.
Sec. l3. Bonds shall be issued in
such denominations as the purchaser
may desire, provided that no bond shall
be issued in an amount of less than $25.
Sec. Ia. Whenever number of
registered voters of county equal to
one-tenth the greatest number of votes
cast in that county at the next pre-
ceding general election, shall petition
the county court as hereinafter pro-
vided asking that special election be
called for the purpose Of submitting to
the voters of that county the question
of issuing county warrants in payment
of permanent road improvement, such
county court shall call such special
election and submit such question to
the legal voters Of such county as here
inbefore prescribed for elections TO
| issue bonds.
Sec. Is. The petition mentioned in
Section fourteen of this act shall set
forth the maximum amount of such
warrants that may be issued in pay
| ment of such permanent road improve
ment, the length of time they shall
run, the maximum rate OF interest
they shall bear, provided that such i'm
provement shall begin at the market
place or market places, or road lead
ing thereto. Each petitioner must sign
his own name to the petition and his
postottice address must bn noted oppo-
site his name. The petition shall be
substantially of the form of the petit
tion provided in Section three with the
| exception that instead of the words
"ssuing bonds" it shall read issuing
county warrants. " The notice of cleo
tion shall be substantially in the same
form as given in Section five except
that instead of reading issuing bonds"
it shall read ''issuing county war
rants" The ballots shall be Of sub
stantially the same form as that given
in Section six except that instead of
the words issuing bonds" it shall
read Issuing county warrants. The
time, manner of holding such election,
of polling the votes. of canvassing the
votes, and certifying to the result
thereof, shall be the same as in an
election for the issue of bonds.
Sec. l6. No county under the pro-
visions of this act shall issue road war
rants or road bonds, or in any way
pledge the credit of the county for the
purpose of building permanent roads
in sum that added to the amount OF
the road warrants and road bonds
already issued and unpaid shall exceed