Montpelier examiner. [volume] (Montpelier, Idaho) 1895-1937, 1920-10-08

form with interest coupons attach
ed there to for the purpose OF car
rying cut the provisions OF this act.
SEC. Z. All bonds issued under
and by virtue OF the provisions OF
this act shall be signed by the gov
ernor OF the state OF Idaho with his
own proper name and in his official
capacity. They shall likewise be sign
ed by the secretary OF state in his
official capacity and DO authentica-
ted by having attached 20 each the
great seal OF the state OF Idaho.
SEC. 5. After being signed by
the governor and ths secretary OF
state and being authenticated as
hereinbefore provided the said bonds
shall be delivered 10 the state audit
TO who shall mako and keen in hia or
flee register fully and properly de-
cribing each bond and the interest
coupons attached thereto in the man
ner and form In which honda hereto
fore issued by the state of Idaho are
described In the registers thereof
kept In the office Of the state audit
or. Having so registered the same,
tho state auditor shall deliver the
bonds TO the state treasurer and
shall charge the treasurer with the
full par value thereof.
SEC. 6. The state treasurer
shall. make and keep In his office q
register Of all bonds issued under
the provisions OF this act. which ra-
gister shall show all those things re-
CURED 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. Z. When ready TO make
delivery OF same the state treasurer
shall sign each or said bonds with his
own proper name and his official
capacity as such state treasurer and
each of the interest coupons attach
ed thereto shall have the Autograph
ed or printed facsimile signature or
the state treasure, which signatures
shall bind the state Of Idaho. The
state treasurer shall make delivery
OF the bonds to the purchaser there
of on behalf 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
tho same are sold.
SEC. 8. All moneys received
from the sale Of the Idaho state high
way bonds, fourth issue, shall bo
paid into the Idaho state highway
fund. Such moneys are hereby ap-
propriated and made available for
the laying out, surveying and con-
structing Of system OF state high
ways in the state OF Idaho, includ-
ing all bridges, culverts and grades
and tho purchase OF rights OF way
forming a part thereof or being ne
cessary 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 war
rant OF the state auditor.
SEC. 0. For the purpose OF
creating a fund, which said fund Is
hereby designated az the state high
way redemption fund, fourth bond
issue, out of which shall be paid the
principal and interest upon tho bonds
TO DO Issued under and by virtue OF
the provisions OF this act there q
hereby levied o tax of four-tenthm
of one mill 100000 upon each dol
lar in value OF the taxable property
within tho state, thu same TO BIO
known as the state highway tax, and
the proceeds Of the same are here
by appropriated and set aside until
such time as the said Idaho state
highway bonds, fourth issue, and all
interest which shall have accrued
thereon are fully paid and redeemed
The moneys accruing from the
source above mentioned, which arc
hereby diverted, appropriated and
set aside for the purpose above sot
forth, shall BIO by the state auditor
and state treasurer credited to and
placed Ia the said state highway
redemption fund, fourth bond issue.
out Of which fund the state treas