The Birmingham age-herald., 1915-10-23

board Of revenue or court of county
 commissioners 10 the credit of said county
 Sec 3. That all monies heretofore required by law to be paid to the county
 treasurer shall be put into such na-
 tional or state bank of said county as
 the board of revenue or court of county commissioners of said county may elect.
 10 the credit Of said county. and all
 settlements heretofore required by law
 10 be made with said treasurer shall be
 made with said board of revenue or court of county commissioners. the re-
 ceipt of said bank so designated being
 sufficient voucher. and all sworn re-
 ports heretofore required by law to be
 made by said treasurer shall be made
 by such board of revenue or court of
 county commissioners.
 See i. That accounts shall be opened
 and kept in said bank in such manner
 and funds such board may direct.
 disbursements to be made upon the or
 der of the board of revenue or court of
 county commissioners, and said bank
 shall furnish said board with a full
 and detailed statement of the receipts and disbursements on the second Mon
 day of January and July in each and
 every year. The said board of revenue
 or court of county commissioners shall
 from sealed bids. place the county
 AdhdSt tnt hiaS btlnS tpentu tb tht
 first Monday in December of each year.
 with such incorporated state or nation
 al bank in the several counties. as of
 fers the highest rate of interest 10 the county on daily balances of bank de-
 posits such placing of the county funds
 to be for the period of the following calendar year. The board shall require
 adequate bond of said bank to secure
 the safety Of said deposit. which bond shall be in the sum of fifty thousand dollars, or such other sum as the county commissioners or board of revenue shall fix, having due regard To the safety of the county funds.
 Sec. ,. The bank or banks so desig- mated as Repositories for county funds shall be charged with all the duties and
 subject to the same liabilities insofar as the safe keeping and paying out of the funds of the several counties are concerned, as are now imposed by law upon county treasurers. The banks or bank acting as county depository shall not receive any compensation or com
 mission or other allowance for services as county Repositories, provided that in all counties under fifty thousand popu- lation where the court treasurer is now required by law to collect and receipt for duty In such county, the judge of probate in such county shall be charged with the duty of collecting and receipt
  other duties in connection herewith as are now required by law of county treasurers. All warrants drawn upon the depository must be signed by the probate judge of said county or the president of the board of revenue or court of county commissioners of the different counties. at the election of such board of revenue or court of county commissioners, expressed in resolu- tion, which must be spread upon the minutes and given to such Repositories that may be selected. Such officer sign ing such warrants to be liable for the amount of any warrant drawn and paid by such Repositories without the au- thority of law. Provided, however, that | if the board of revenue or court of county commissioners are unable to desi gnate any depository for the coun- ty funds in their county by reason of their inability to secure from any bank
 within It's limits terms for the hand ling of the county funds as provided in this act, satisfactory to such boards of revenue or courts of county commits sioners, then such boards may designate some individual who may act as treas urer of such county under such terms
 and conditions as may be fixed by said boards of county commissioners or boards of revenue.
 Sec. 6. All acts required by law to be performed by the county treasurer. out side of the receipts and disbursements of the county funds. shall be performed by the president of the board of rev enue or court of county commissioners of the county.
 l Sec. T. Provided this act shall not go
 into effect until the first Monday after l the second Tuesday in January, 1917. l Sec. s. All laws and parts of laws either general or special. in conflict with the provisions of this act, be and the same are hereby repealed. Provided, however, that this act shall not apply l 10 counties having a population of more than 50,000. according to the last fed eral census or any subsequent federal census.
 Approved September 15. 1915. Official:
 JOHN PURIFOY,
 Secretary of State.