The Leavenworth echo. [volume] (Leavenworth, Wash.) 1904-current, 1920-07-30
THE LEAvENWORTH ECHO

/ VI Wis dOt, VI lit locating OF route
or any part thereof, or the obtaining
of road building materials for such
work, requires that private property
be taken or damaged the state high
way board shall have the right to ac-
qulre any such property by pur-
chase or by condemnation in the
manner prescribed by law for the ac-
quirement or condemnation of lands
necessary for the public uses of the
state.
SEC. 4. The state highway board
shall divide the state highways into
| convenient sections for construction
purposes, and shall make diligent eff
| tort to have the entire trunk line
system of hard surface highways
completed within six years after the
taking effect of this act. The CON
struction work shall, so far as pos
slble, be commenced in different sec
tons OF the state at approximately
the same time and carried on con-
tlnuously until all work is completed
SEC. 3. The funds provided by
this act for the acquisition, construc-
ton and Improvement of the state
system of trunk line hard surface
highways shall be expended only for
surfacing and the construction of the
necessary subgrade therefor includ-
ing the purchase of machinery OF
supplies. All construction work
shall be done under the supervision
of and upon plans and specifications
prepared by the state highway COM
missioner. Contracts for the con-
struction and improvement of said
II Iphy ho1 l., IL
the state highway board to the low
est and best bidder or
bidders, on such terms
and conditions and on open competi-
tive bidding after public advertise
ment IN such manner for such times
as may be prescribed by said state
highway board.
The state highway board shall have
power to provide for the furnishing
by the state of any tools, machinery
supplies or materials needed for such
work, and in the event the state
highway board undertakes to furnish
tools, machinery, supplies or ma
terlals, such tools, machinery, sup
plies and materials shall be purchas-
ed by the state highway board on
open competitive bidding.
SEC. 6. The state highway board
is authorized to cooperate with the
proper authorities of any city or
town of the third or fourth class and
eXpend moneys for the improvement
Of any portion Of any highway herein
described which may pass into or
through any such city or town
SEC. I. All highways herein de-
scrlbed when constructed along per-
manent grades and alignment shall
be permanently controlled and main
tanned by the State of Washington.
SEC. 8. For the purpose of pro-
viding means for the payment of the
cost of construction of said state sys-
tenn of trunk line highways there
shall be issued and sold bonds of the
state of Washington for an amount
not exceeding thirty million $780,
OO0,OOO), to bear interest at a rate
not to exceed five per cent $50 per
annum, payable semi-anually.
The issuance, sale or retirement of
said bonds shall be under the general
supervision and control of the state
highway board. Such board NAV in
It's discretion provide for the issu-
ance of coupons or registered bonds.
to be dated, issued and sold from
time to time as the construction work
progresses, in such amounts as may
be necessary to provide money to pay
for said work and the expenses Incl
dental thereto. All of the bonds is
sued hereunder shall mature at the
rate of one million five hundred
thousand dollars ($1 ,500,O00.0O) prin-
clpal each year, commencing in the
year 1922 and ending in the year
1871. Such bonds shall be signed by
the governor and the state auditor
under the seal of the state. and anv
interest coupons attached to such
bonds shall be authenticated by the
fac-simile signatures Of the same Of
ficers. Any bonds may be register
ed in the name of the holder on pre-
sentatlon to the state treasurer or at
the fiscal agency of the State of
Washington in New York, as to prin-
clpal alone or both principal
and interest, under such regu-
lations as the state highway board
may prescribe. Said bonds shall be
IN such denominations as may be pre-
scrlbed by the state highway board
and embody an absolute promise of
the State of Washington to pay both
principal and interest in gold coin of
the United States of the present
standard of value and fineness. at
such place or places as the state
highway board may provide, and to
levy sufficient taxes each year to pay
the interest and principal of said
bonds as they become due. All bonds
issued under the provisions of this
act shall be sold to the highest and
best bidder or bidders, on such terms
and conditions and on open COMPETE
tive bidding after public advertise.
ment and at such times as may be
prescribed by the state highway
board, but not for sum so low as to
make the net interest returned to the
purchaser exceed five per cent per
annum, payable semi-annually, as
computed by standard tables, upon
such sum-
SEC. 9. The money arising from
the sale of each issue of bonds shall
be deposited in the state treasury to
the credit of a special fund to be
known as the estate Trunk Line
Highway Fund" which shall be used
in carrying out the provisions of this
act.
see. 10. All moneys paid to the
state under the provisions of chapter
142 of the Session Laws of 1915, COM
monty known as the Motor Vehicle
Code, and all acts amendatory there
of, over and above. such moneys as
shall be estimated by the secretary
of state to be necessary for the pur-