Albuquerque evening herald. [volume] (Albuquerque, New Mexico) 1911-1914, 1913-03-06

/ not hc disposed oi for less than par
1 said bonds shall he ISSUED tcom
y tim" 10 time on the rcquisition ct tn"
| stat" reclamation comm is.ion. az such
! times ana iu such amounts ~ shall
/ %" specified in such roquisition. OUT
not exceeding the estimated ivqu'rr-
m"uts oi the reclamation fund Tor
the ensuing year. or in the agEt, gate,
the above limit Tor twenty-five null
lion dollars. said estimate snaIl 10
| made hy the reclamation commission
said reclamation bonds 800 issued
aud sold shall not bc included 3D. U.y
limitation ot state iudchicducz.. -
such bonds DO not represent net
debt oi tho. state
500 B. ThDTI B. horchY creased o.
state reclamation fund. ia ui'h
shall n, kept an the moneys d.'hrd
from the sJlr col stut" Inyluu-i. uu
nonds aud 400 other m"u,y- Wht,h
.r, CO., mas br appropriated lur r,,It-
nation purposes. SAID luub 90 here.
.b reserved. set aside and appGuu'tu-
etc as 90 ,prciu fund loo ,nt Htut"
treasury Goo hr used Boz mo u,"-' 'gu-
ton examination ana survey
ut reclamation projects thH
purchase "I Irrigation md drainage
district bonds. ANA Inr th" clustruc-
u,n cot irrigation and drain. g. works
for the storage, diversion and dee
Nvlopmrnt ui water Tor the arid
s,mi-arid ana other land, and for tho
payment oi uil other expenditure
provided for Boo This act
tn, state treasurer snail pay out
o. f.as.
only upon the order ut the reclaim
tiou commission made from time Go
time a.. shall bee necessary tor carr,
ing ont the provisions of this act, said
order shall state the time suvh pay
mout, shall Zee made, the project on
account ot which be is Go Do, paid and
the amount to boz pail
To provide Tor any temporary
shortage of moneys iu the ryclamJ-
t,un fund with which 60 puy current
expenses and bills tor labor perform
cd under the provisions oi this act,
there Be- hereby appropriated out 81
uny money iu the state treasury not
othrrwis" appropriated. and not 9TH
rrWisr authorized Go be- transferred
In the reclamation fund. such sums
a- shall hC actually needed io meet
such current expenses and bills Tor
tabor performed Az sums So trans
trrrcd shall br restored 90 the state
treasury out Of the first available
moneys in said reclamation fund.
Al moneys received los the state
900 payment of the interest ou irylga-
tiou and drainage district bonds held
by n and u payment ot the interest
on tho money expended 10y the rccla-
nation commission u the construc-
tion ct reclamation works under CON
tracts with water users, except one
per cent per aunum, as provided in
See IS ot this act. shan constitute
special fund for the payment ana
discharge of the interest on the rc-
Clumntiou bonds eft the state out
standing And AN money received un
account OF the payment OF the prin-
,ipul of such irrigation or drainage
district bonds, and In payment of the
principal sums under contract with
water users or water users associa-
tious or organizations, shall ConSti-
tuto special fund from which the
principal Of the state reclamation
bonds shall he paid and discharged.
Sec. {. There b. hereby created
state reclamation commission which
shall be composed oi the governor
secretary of state, state engineer.
hand commissioner and attorney gen
cral who shall constitute the perma-
ncut members ut said commission
with power 60 transact hu mess.
No separate 90 special official bond
shall bc required of the permanent
members of said commission, hat said
commission may IN ~ discretion, re-
uuiro the state engineer to eNccui
AN additional bond, to be- approved
by a. for the faithful discharge ot
tho duties of him hy this act in such
sums as ID shall prescribe.
Tho governor shall ho chairman
ana the secretary of state shall bc