The daily star-mirror. (Moscow, Idaho) 1911-1939, 1920-10-28

at the pleasure or the state, sc PAL
off and redeemed after 10 years fror
the date of issuance.
Sec. g. The state treasurer shall
cause to be printed or lithographe'
suitable bonds in proper form witt
interest coupons attached thereto TO
the purpose of carrying out The pro
visions of this act.
Sec. A. All bonds issued under AM
by virtue of the provisions of this ac
| shall be signed by the governor o
the state of Idaho with his own prope
! name and in his official capacity
They shall likewise be signed by thu
SECRETARY of state in his official capac
ity and be authenticated by having at
tached to each the great seal of thu
state of Idaho.
Sec s. After being signed by the
| governor and the secretary of state
and being authenticated as hereinbe'
| fore provided the said bonds shall be
delivered to the state auditor who shall
make and keep in his office a register
| fully and properly describing each
bond and the interest coupons at
tached thereto In the manner and form
in which bonds heretofore issued by
the state of Idaho are described in
the registers thereof kept in the office
of the state auditor. Having SO regis
tered the same, the state auditor shall
deliver the bonds to the state treas
urer and shall charge the treasurer
with the full par value thereof.
Sec. g. The state treasurer shall
make and keep in his office register
of all bonds issued under the provis-
ions of this act, which register shall
show all those things required to be
shown by the register thereof kept in
the office of the state auditor and such
other information with respect thereto
as the treasurer shall deem it proper
and necessary to record.
Sec. T. When ready to make deliv-
cry of same the state treasurer shall
sign each of said bonds with his own
proper name and in his official capa-
city as such state treasurer and each
of the interest coupons attached there
to shall have the autographed or
printed facsimile signature of the
state treasurer, which signature shall
bind the state Of Idaho. The state
treasurer shall make delivery of the
bonds to the purchaser thereof on be-
half of the state of Idaho and shall
at the same time make collection from
said purchaser of the full amount of
the price for which the same are sold.
Sec. 8. All moneys received from
the sale of the Idaho state highway
bonds, fourth issue, shall be paid into
the Idaho state highway fund. Such
are hereby appropriated and
made available for the laying out, sur
veying and constructing of a system
Of state highways in the state of Ida
10, including all bridges, culverts and
grades and the purchase of rights of !
way forming a part thereof or being |
necessary to be had, used or occupied |
n connection Herewith and for such |
only. No moneys shall at
my time be withdrawn permanently
rom said fund except upon the war
ant of the state auditor.
Sec. 8. For the purpose OF creating
fund, which said fund is hereby de-
igned as the state highway redemp-
ion fund fourth bond issue, out of
vhich shall be paid the principal and
interest upon the bonds to be issued
nder and by virtue of the provisions
f this act there is hereby levied tax
{ four-tenths of one mill 100000 up
n each dollar in value of the taxable
roperty within the state, the same
be known as the state highway tax,
I'd the proceeds Of the same are
,reby appropriated and set aside until
lch time as the said Idaho state
ghway bonds, fourth issue, and all
terest which shall have accrued
ereon are fully paid and redeemed.
he moneys accruing from the source
,ove mentioned, which are hereby
verified, appropriated and set aside
r the purpose above set forth, shall
by the state auditor and state treas
'er credited to and placed in the said
ate highway redemption fund, fourth
md issue, out of which fund the state
easurer shall pay the interest upon
G Idaho state highway bonds, fourth
sue, as the same shall become due,
ID any day upon which the interest
upons attached to said bonds be-
me due, beginning January l, 1881,
shall also pay so much Of the prtn-
pal of said bonds as it may be pos
lie to pay after reserving In said
nd moneys sufficient in amount to
y the interest upon those said bonds
en- outstanding which will accrue
d become due during and within the