Ladysmith news-budget. [volume] (Ladysmith, Rusk County, Wis.) 1907-1927, 1913-08-22

reclamation board the contract price
shall be paid directly to the contractor
1 from the amount of the loan granted
! for the work Of reclamation, and it
the contract price is less than the
amount of the loan ,ranted, the amount
of the loan actually to be paid and to
be chargeable against the land accept
ed as security for the loan as provided
in subsection 10 shall be reduced to
the amount of the contract price. Pay
ment may be made in full upon pre-
/ Sentation and acceptance as herein
! after prescribed of proof of the COM
| pletion Of the work, or payment may
be made in installments from time to
| time during the progress Of the work,
| but the aggregate amount of such in
stallment shall never exceed eighty
| per cent of the amount Of the con-
! tract price and the remaining twenty
| per cent Of the contract price shall not
| be paid until proof Of the completion
| of the work is presented and accepted
| as hereinafter prescribed
(b) When the work of reclamation
| Is performed otherwise than under
contract with the reclamation board
| the amount of the loan shall be paid
| to the person granted the loan. Pay
ment may be made in full upon pre-
sentation and acceptance as herein
after provided of proof of the compile
ton of the work, or payment may be
made in installments from time to
time during the progress of the work
upon presentation and acceptance as
hereinafter provided Of proof that GER
tain portions Of the work have been
completed as prescribed by the county
board as a prerequisite to the pay
ment of such installmentS.
Co The presentation and acceptance
Of the proof of the completion of work,
or Of portions Of work, performed I'M
der the provisions of this section shall
be made as follows: The person en-
titled to receive the amount of the
loan or any installment thereof may
present q duly verified claim to the
reclamation board for the amount of
money which may be paid to him un-
der the conditions of the loan and the
conditions Of any contract which he
may have entered into with the recla-
nation board with respect to the work
of reclamation.
The reclamation board shall con-
slider a claim so presented to it as
soon as possible after its receipt and
shall allow the claim. If satisfied,
after an examination Of the work Of
reclamation made personally by one
or more members of the board and
such other investigation as may be
| necessary, that the claim should be
allowed, and the county treasurer shall
pay the claim when allowed by the
reclamation board.
10. The principal and interest of each
this section shall constitute special
tax lien, prior to all other liens except
general tax liens, upon the land accept
ed as security for the loan.
20. The collection of the principal
and interest of loans made under
the provisions Of this section shall be
enforced in the following manner. The
county clerk shall, on or before the
first of November In each year, certify
to the clerk Of the town in which is
located each particular piece of land
accepted by the county board as secur-
ity for a loan, the amount of money
necessary to be assessed against that
piece Of land to pay the amount due
for that year on the principal and in
terest of the loan according to the
terms Of the loan, and the town clerk
shall each year make the proper eX-
tension Of taxes upon the tax roll to
raise the money required. Thereafter
| the special taxes so charged shall be
| treated as regards payment in the
same manner as any other taxes, and
! when collected shall be paid into the
| county reclamation fund.
81. The county clerk shall, when
| ever petition for loan is filed with
| the county board and whenever loan
| is granted, file written notice to that
effect with the register of deeds giving
the name of the petitioner for the loan,
| the number of acres and the location
| in governmental subdivisions of forty
acres of the land offered by the petit
toner or accepted by the county board
as the case may be, as security for
| the loan and the amount of the loan
requested or granted. The register of
| deeds shall number conSecutively all
such notices filed with him and shall
| index them under the names of the Pc
/ titioners for loans and in the tract
! index so that the notices may easily
| be found. No register Of deeds shall
| demand or receive any fee or charge
of any kind for performing the serv-
ices required by this subsection.
| %. The county board may request
any state or county officer to render
any service reasonably within his
power and duties as public official
| to render in carrying out the provi-
| sions Of this section and all state and
| county officers shall comply with such
| requests when made without charge
| of any kind.
! 20. Any county board electing mem
| bers of a reclamation board as pro-
| vided in subsection may at the same
| time adopt suitable rules and regula-
| lions for carrying out the provisions
of this section, but no such rules and
| regulations shall be valid until thew
have received the approval of the at
| torney general and no change shall there
| after be made in such rules and regu-
lations without the approval of the
| attorney general. 1t shall be the duty
such rules and regulations submitted
to him for approval as soon as posi-
| able after their receipt and to
(a) officially endorse the rules and
regulations, if in his judgment they
are reasonably calculated to promote
| the proper carrying out of the provi-
| sions of this section,
(b) refuse to endorse the rules and
regulations, if in his judgment they
are not reasonably calculated to pro-
| mote the proper carrying out of the
| provisions of this section, in which
case he shall forward to the county
| board statement giving the reasons
/ for his refusal.
Section 8. Section 258 of the stat
utes is amended to read: Section25S.
1. The said commissioners of the pub
lie lands shall, in their discretion, in
vest the moneys belonging to the
school fund, the university, fund the
agricultural college fund and the nor
NAL school fund, from time to time as
such moneys may be paid into the
treasury, keeping separate the invest
ments of each fund in the following
named stocks and loans, but in no
| other manner, to-wit:
| CD In the purchase of the bonds
of this state, to be replaced by certi-