The Birmingham age-herald., 1915-06-21

the expiration of the fifth year after the date Of Issue. together with such amounts as shall have to be paid for collection and handling of the same. The second assessment roll shall make like provision for the sixth year; ths third for the seventh year. the fourth for the eighth year. the fifth for tue ninth year. the sixth for the tenth year. the seventh for the eleventh year. the eighth for the twelfth year: the ninth for the thirteenth year. and ths tenth for the fourteenth year. Each of said assessment rolls shall specify the time when collectible and be num- hered In their order and the amounts assessed against the several tracts of land shall be in accordance with the benefits received. as shown hy the classification and the ratio of assess ments made by the viewers. These as- sessment rolls shall be signed by the president and secretary of the board of drainage commissioners. One copy of each of said assessment rolls shall be filed with the drainage record and one copy shall be delivered to the tax collector after the judge of the courr of probate has appended thereto III oroer directing the collection of said assessments and said assessments shall thereupon have the force and effect of a judgment as in the case of state and county taxes. These assessments .;hai1
 
 second only to state and county taxes upon the lands assessed for the pay mont of said bonds and interest there= on as they become due. and shall 5e collected In the same manner by tue same officers as the state and county ments shall be due and payable on the first Monday in September each your. and if the same shall not be paid In full by the S1st of December following 1t shall he the duty of the tax collector to sell the land or lands so delinquent. the sale of lands for failure to pay such assessments 10 he made at the couit' house door of the county in which the lands are situated between the hours of 10. o'clock In the forenoon ant o'clock in the afternoon of the first Monday in February of each year. and if for any necessary cause the sale can- not be made on that date, the sale may be continued from day 10 day for not exceeding four days, or the lands may be readvertsed and sold on the i'rst Monday In March succeeding, during
 the same hours without any order therefor. In all other respects, except as to time of sale of lands the exist
 ing law as to the collection of state
 and county taxes shall have applicd-
 ton to the collection of drainage as-
 scssments under this act. It shall ae
 the duty of the sheriff or tax col
 
 lrer promptly the money so collected
 by him upon said tax assessments. to the end that the said treasurer naty have funds in his hand to meet the pay mont of interest and principal due upon the outstanding bonds as they mature It shall be the duty of the county treasurer, and without any pres vious order from the board of drain- age commissioners, to provide and pay the installments of interest at the tinie and place as evidenced by the coupons attached to said bonds and also to pay
 the annual installment of the principal due on said bonds at the time and place ! as evidenced bsf said bonds, county treasurer shall be guilty or misdemeanor and subject upon conVic- ton to a fine or Imprisonment in the discretion of the court. If he snail VIII fully fail to make prompt payments of the said interest and principal uron said bonds and shall likewise be ia~ ble in n civil action for all damages which may accrue, either to the boaIa of drainage commissioners or the noid. CT Of said bonds. to either or potn or
 which the right or acton IS nere's given , See. 36 If the total cost of the im- Iprovement Is less than an average or nifty (50) cents per acre on all the iaho in the sistrict, the board or drainaSe commissioners shall forthwith assess the lands in the district therefor, In laocordance with their classification. and said assessment shall be collected Tn me installment, by the same officer ana | in the same manner as state and county l taxes are collected, and payable at the | same time. In case the total cost eN- | ceeds an average of fifty t50) cents Der acre on all lands in the distpict, the board of drainage commissioners sHAli give notice by publication as herein | ,.il1 issue bonds for the payment of the to- l tai cost of the improvement, giving the | amount of bonds to be issued, the rule of interest that they are to bear anu | the time when payable. Any landoWn- | CT in the district not wanting to )ay
 interest on the bonds. may, within IT.
 teen 15) days after publication of sand notice is completed, pay to the county | treasurer the full amount for which his l land Is liable. to be ascertained from | the classification sheet and the certin- cate of the board showing the total cost of the improvement. and have liis lands released from liability to he as- sessed for the said improvements; but
 such land shall continue liabhe for any future assessment for maintenance or 1 for any increased assessment authorized under the law.
 l Sec ST. Each and every person own ling land In the district who shall rail | to pay to the county treasurer the full amount for which hts land is liable. as
 aforesaid within the time above speci- | fled shall be deemed as consenting to l the issuance of drainage bonds, ana in lconsideration of the right to pay his Iproportion in installuents. he hereby valves his right of defense to the pay ment of any assessments which may bs lIevied for the payment of bonds. be-
 cause of irregularity. illegality. or de-
 feet in the proceedings prior to this time, except in case of an appeal. es therein before provided. which is not af- 1 fected by this waiver.
 | Sec 3S. At the expiration of nftcon | D5) days after publication of notice of
 bond issue, the board of drainage coru. lmissioners may issue bonds of the draA0p iage district for an amount equal to tno total cost of the improvement. less sl
 amounts as shall have been paid in NJ cash to the county treasurer. plus an amount sufficient to pay interest on thA
 bond issue for the five (5) years next following the date of issue. Thcso bonds shall bear interest not to exceed six C6) per cent per annum. payable sem1- Annually. and shall be paid in ten (tO) equal fnstallments. The first install- ment of principal shall mature at the expiration of five t5) years from 70 date of issue and one installment for
 each succeeding year for nine y) additional years. The commissioners may sell these bonds at not less than par and devote the proceeds to the pay ment of the work as 1t progresses. and to the payment of the interest on said bonds for the i've (5) years next fol-
 lowing the date of issue and to the pay.