The Idaho Springs siftings-news., 1916-10-20
cause for declaring the pxtnsfpal sf
| said loan due and payable

cause for declaring the principal Of
said loan due and payable
In the event that any property upon
which the State of Colorado holds .
deed or trust or loan made in the
manner aforementioned. shall. after the
execution of such deed OF trust be In
eIuded IN any irrigation district. drain
wherein = levy is made for local pub
nc improvements the lien thereby ere
ated shall be subject to and subordi-
nate to the lien Of the deed of trust in
favor of the state. which shall be in
no wise defeated by the lien of such
irrigation district, drainage district or
local pubic Improvement
Neither shall any such land be sub
1ect to taxes which accrue for any pur-
pose after public trustees deed
half OF the state of Colorado as herein
above provided for; provided. however,
that In the event that there are taxes
other than those arising out of or in
connection with any irrigation district
drainage district, or local Improvement
district of any kind or nature, which 1t
serve the lien of the deed of trust in
IaVor or the state, the state board of
land commissioners shall certify that
fact TO the state treasurer. giving the
amount of such taxes and the state
treasurer shall remit such amount to
the treasurer of the proper county. taxi
ing his receipt therefor. Such payment
to, be made from the school fund and
charged as part of the loan against
the debtor.
Applications for loans upon improved
farm lands shall soon as practical
BILE after the same have been received
by the state board of land commits
sioners, be posted in some conspicuous
place open to public inspection in the
office Of the state board of land COM
missioners, and such notice shall give
the name of the applicant, the amount
of money applied for. the description
of the property offered as security and
the time for which the loan is desired
and al such applications shall be con-
sidercd by the board in the order in
which they are received.
The state board of land commission
ers shall make all rules and regula-
tions necessary for the effectual per-
| inconsistent Herewith. and shall have
| the right, at any reasonable time, to
| require from the state treasurer a
statement of the total amount OF mon
ey in the public school fund, the
amount invested and the manner In
which it is invested, together with the
time for which 1t is invested. the rate
the amount in said fund uninvested.
Section 9. That sections 51ss. 5lss.
$500. 520l. 52o2. 52os. 52o4. b2o5. 52os,
of 1898 of the State of Colorado are
| hereby repealed, and all acts and parts
of acts in conflict herewith are hereby
| repealed.
We, the undersigned legal voters and
| qualified electors OF the State of Colo
| rado. do hereby designate the follow
ing persons to represent the signers of
| this petition in all matters affecting
| the petition, to-wit: Voluey T. Hog
| gait, Post Building. Denver. Colorado.
John CT Powell, Ernest and Cranmer
| Building, Denver. Colorado; John Thorn
| as Maley, b07 Ernest and Cranmer
| Building, Denver, Colorado.
| We, the undersigned legal voters and
qualified electors of the State of Colo
rado do hereby designate the follow
| ing Ballot Title for said act: