The Caldwell tribune. [volume] (Caldwell, Idaho Territory [Idaho]) 1883-1928, 1920-08-24
STAT - TdaEo .Ae 1oe ioA"euie VI lHe

State of Idaho: s'r.es .l-irs' Esp. ,aa ts,t
Section !. For the purpose of pro-
for a portion Of the cost Of laying out
surveying and constructing. a system
Of state highW SaS so in the state Of Idaho
ized to be negotiated upon the faith
and credit of the state Of Idaho.
Sec. 2; The state TREASURER is
rected to issue, bonds Of the state in
such denominations as he deems ad-
loan authorized in section l. which
way bonds. fourth issue. and shall be-
come due 20 years from the date Of
their issuance. Such bonds shall bear
num-, and such interest shall be paid in
fSs se 6av m installments upon
day of July in each year. Such in.
stallments Of interest shall be evil
Bond sueS taat fhes
may be detached and removed without
mutilating either the bond or the cou-
secutively from to 40 inclusive. Any
or all of said bonds may, at the pleas
ure of the state. be paid off and re-
deemed after 10 years from the date
Sec. 3. The state treasurer shall
interest coupons attached SSs thereto H VIZ" for
the purpose of carrying out the pro-
visions of this act.
Sec. 4. All bonds issued under and
shall be signed by the governor of the
state of Idaho with his own proper
nhey s HaH III ns G 81 signed a5p s Try
pacity and be uthenticated by. having
ef f9 zach the great seal of the
Sec. S. After, being signed by the
and being authenticated as hereinbe
delivered to the state auditor who
shall make, and keep in his office
register fully and properly describing
tached thereto in the manner and form
in which bonds heretofore issued by
the state of Idaho are described in
of the state auditor. Having SO regis
tered the same, the state auditor shall
deliver the bonds to the state treasurer
the full par value thereof.
Sec. g., The state treasurer shall
a s soad seSp IL his 9fSs
of this act, which register shall show
all those things required to be shown
e 6 of state aador sS In the o
the treasurer shall deem it proper and
ness SEES q %S Senor Ready to make de,iv
cry of same the state treasurer shall
sign each of said bonds with his own
proper name and in his official ca
pacity as such state, treasurer and
each of the interest coupons attached
thereto shall have the Autographed or
printed facsimile signature of the state
treasurer, which signatures shall bind
the state of Idaho. The state treasurer
shall make delivery Of the bonds to the
of Idaho aud shall at the same time
make collection from said purchaser
of the full amount of the price for
which the same are sold.
Sec. s. All moneys received from
the sale of the Idaho state highway
bonds. fourth issue, shall be paid into
the Idaho state highway fund. such
moneys are hereby appropriate and
made available for the laying out sur
veying and constructing of a system
Of state highways II the state Of idaho,
grades and the purchase Of rights Of
necessary to be had. used or occupied
in connection Herewith and for such
purposes only No moneys shall at any
time be Withdrawn permanently from
said fund except upon the warrant Of
the state auditor. i
Sec. 8. For the purpose of creating
fund. which said fund Is hereby
designated as the state highway re-
demption fund; fourth bond issue, out
and interest upon the bonds 70 be Isl
sued under and by virtue Of the pro-
visions OF this act there 10 hereby
levied a tax OF four -tenths OF one mill
100000 upon each dollar In value of
the taxable property within the state