The Morning Tulsa daily world. [volume] (Tulsa, Okla.) 1919-1927, 1919-04-24
Legal,

mN "a tho ronprusauUu thcf6oi ana
subject tn the Limitations aud rrNu''''"W
impO,ed hy this amendment. Asid toWmN
,tOp shsll have tul ana complete authority
to do any AND al things hr,TAH@rN or pfoprr
10 carry out and accomplish the purposes
Tor which it IL croatcd
lot the purpose Of having such state vide
system Of dur,hc hard surfaced highway,
constructed 'A'oug the aforesaid routes, and
Tor the purpose of providing for tho pay
mrnt 81 tho costs 81 acquiring iWpt"N'ns
aud constructing sad ~ stem "t r"AhA AAlh
tomWtAstuu b, hereby authorized aud en-
powered lo Itsn, and sell ~ cause 10 In
issued and sold serial hnrdt OF THIS STATE
tu an Aggregate amount 81 not Co "NIlrl the
sum Of tih, Milhon $50 600 unnI doilaf'
SAID bonds shall be- issurt and sold only
~ tho uud, may be needed for the pay
n'ut Of the costs o. acquisition. lWpfoN"
mcnt and construction. Of saId. fosds sui
me expenses lu'drut thcr'i" and in 10"
cNeW ,ha' more than nA w'h h"n hooo.
uoOl dollars Of haid authortrd issue hs
Issued or sold within one year from the
date of authorization. nor more han "ht'on
Million ttlb.OoOOuuJ dnllaU ~ilhu i"o
Ncats from such date. nor moro than lhifN
Million $50 Oun OOUl dollars within three
,,sr, from such date nor ,haIl sad Com
mh,Jor incur An, Indebtedness under the
provisions Of this Amendment during an,
ono ~ such periods In excess 81 toe amount
~ bonds authorized 10 be rsSucd aud s"h
during such prriod zach Of sad bonds
shah bc In ihr denomination OF one liun
dtcd 800 OOl dollars, ot some multiple"
thereof and shall bear Interest from date
Of issue. payable tcmt annually ai i'lo
not to exceed four aud one halt (i'sl per
cent per Aunhm, and SAID bonds shall be
rIempt from every species of state, county
District aud Municipal taxation, and NJ"
bonds shall run Tor more than twenty i've
yrAri from the date Of issue. lhsy thall
he signed by the Governor. attesIed by the
Secretary 81 Sato, under the seal OF the
state cnuntcfsignrd by tho state Auditor,
and cnadfsrd by the state Treasurer 10
tcfrN coupnns with Autographed FAC simlr
signature Of tho hAt" IrcAsntcr ,a b."
attached Ia laid bonds and said bands
may, at tho request OF the holder 'hrteof
hs registered With tho State Auditor. Ssid
bonds ~hru duly executed by Hsid ofhcrrs
shall be deposited In the state treasury
until sold and when sold. ,i- proceeds
thereof shall he covered into the snare
Treasury to the credit 81 tho StAtc Noad
hond Fund which Ia hereby spccifcalD
created ard any bonds sold hereunder sha
be publicly advertised for thity Gays IN
Revolving FUND for tho aggregate amount
Of such sipenditurea. snd upon the sur
render Of such warrants endorsed by the
Chairman Of said Commission, TIN Wate
Treasurer thAll transfer the amount thcrcni
upon the books oi his office from the state
Road Bond Fund 70 the State Road re
volNinE pund 20 be re expended rs herein
provided when the purposes Tor whloh
said revolving fund In created have been
accomplished said fund shAll be covered
back into the Sate Treasury 10 the credil
81 tho General Revenue Fund ~ the state
The pr,ncipal Of said bonds shal be pHld
from the General Revenue fupd Of the StAtr
AZ The time tsid bonds borom" dne, ana tns
interest on all bonds .olu shall be para
from the 1snerA Revenue Fund OF the
Stsia a. tho time said interest hecomc. due.
Roth principal and inters.t shall be 40
paid upon warrants drawn by the Hs'e
AUDITOR. and there iA hereby appropriated
h.. ~ a
IN the State TtssUry such sum annually 40
will BE- necessary Ia pay thu principal OF ava
the interest on the bonds issued aud sold
putsuant to tho provisions OF thh Nmehn
ment as said principal and Interest beeome'
due and payable and said appropriation
shall he prior and superior 70 all othsr sp
propriAiionp
nnul othsrvise provided by Law. all
revenue collected from the State upon IN
comes, and two thirds OF all moneys collect
ed by the State from the TAXATION. hcens'
ing or registration Of self propelled or other
motto, vehicles NJ whatsoever Kind or char
arter, and Two thirds of all revenues col
lecied by the Slaie upon tho production o'
s.ps't or ores bearing Iead' nnf Fo,o. Fnn
silver or copper and upon tho production
Of petroleum, or other crude or mineral OF
or natural FA, shall he paid A ooleeted
into the State Tressury 10 the credit of the
General Rrvenus Fund Of the SAn.
The State auditor and State Trshtnrer
,hall Keep full and particular account and
record Of Al their proceedings under tins
] AmHndment. and they shall transmit TO th,
! Governor In irplieaie an abstract OF ~
Aueh proceedings hereunder. with an sknus
| report In triplirhte one cory OF each 10 be
| by the Governor transmitted 10 ana laid
before each branch of tho Legislature bi'
cnnially An books papers and records per
! tAlning 10 tho matter provided Tor In thls
Amendment shall al all times be open v,
The Inspection t tie state Examiner and
Inspector. q COMMITTEES OF either branch of
the Legislature, any person interested or
any citizen Of tho Btate.
Said Commission shall eAuse tho conttrue.
tion and completion Of sAid system OF durs
bic hard surfseed roads ss early M prseu'
cable under existing conditions, and con
sist-ht with good business management
having IN view a. all times the best intor-s,
Of the people oi the State, said Oommis
sion 10 hereby authorised and empowered
to purchase and supply any labor, tools,
niGchlnary. equipment. or nAtorsh that
msy be needed In the construction OF said
system OF roAdL. and may purchase lands
upon which are loeatcd materiAA adapted
! 20 the construction OF said roads aud may
build equip and operate plants Tor manu-.
t,etinE or producing such materials, and
said Commission 10 also authorized and en-
powered 10 construct sny part OF SAID Ds
tenn OF roads nv contract which thsl be
/ let a. herein provided 10 the lowest and
beat bidder or bidders after publia sdysr.
ttsemrnt in such manner and at such tlms
As may he prescribed By said Commission.
| Suecaasiul bidders Tor such eonstrue etion
work shsli enter lnio such written contracts
! As shall be furnished and prescribed by said
Commission. and shall rive bond 10 the
STATE with adequate surety 10 he approved
| by said Commission In such amount a. may
be fired BY tad Commission to Insure and
Eusrantee the prompt and full performance
I Of surh eonirsots on thelr mar, In strict se'
oordAnce with the provisions thereof. No
contact for the furnishing OF msteriAls or