Montpelier examiner. [volume] (Montpelier, Idaho) 1895-1937, 1920-09-10

rying out the provisions Of this act.
SEC. Z. All bonds issued under
and by virtue OF the provisions OF
this act shall DO signed by the gov
ernor OF the state OF Idaho with hin
own proper name and in his official
capacity. They shall likewise be sign
ed by the secretary Of state In his
official capacity and be authentica-
ted by having attached to each the
great seal Of the state of Idaho.
SEC. s. After being signed by
the governor and the secretary OF
state and being authenticated as
hereinbefora provided the said bonds
shall be delivered to the state audit
70 who shall make and keep IN his or
flee q register fully and properly de-
cribing each bond and the interest
coupons attached thereto in the man
ner and form In which bonds 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,
the 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 hla office q
register of all bonds issued under
the provisions Of this act, which re-
gister shall show all those thinga re-
quired TO BIO 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 1t proper and necessary TO
record.
SEC. Z. When ready to make
delivery OF same the state treasurer
shall sign each OF said bonds with his
own proper name and his official
capacity as such state treasurer and
each of the interest coupons attach
cd thereto shall have the Autograph
cd or printed facsimile signature oil
the state treasure, which signatures
snail bind the state OF Idaho. The
sSate treasurer shall make delivery
u the bonds TO the purchaser there
VI 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
the same are sold.
SEC. s. All moneys received
from the sale OF the Idaho state high
way bonds, fourth issue, shall be
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 q system OF state high
ways In the state OF Idaho, includ-
ing all bridges. culyerta and grades
and the purchase OF rights OF way
forming a part thereof or being me-
cessary to be had, used or occupied
in connection Herewith and for such
purposes only. No moneys shall Ut
any time be withdrawn permanently
from said fund except upon war
rant OF the state auditor.
SEC. 8. For tho purpose Of
creating a fund, which said fund IL
hereby designated an the state high
way redemption fund, fourth bond
issue, out of which shall be paid the
principal and interest upon the bonds
to be issued under and by virtue Of
the provisions OF this act there II
hereby levied 3 tax OF four-tentha
of one mill 100000 upon each dol
lar In value OF the taxable property
within the state, tho same to DO
known as the state highway tax, ana
the proceeds OF the same are here
by appropriated and set aside until
such time an 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 are
hereby diverted, Appropriated and
set aside for the purpose above set
forth, shall DO by the state auditor
and state treasurer credited 10 and
placed in the said state highway
redemption fund, fourth bond issue,
out OF which fund the state treas
urer shall pay the interest uppn the