Shoshone journal. [volume] (Shoshone, Idaho) 1884-1931, 1920-08-20
Friday. august 10th.

terest coupons attached TO 49,
become due, beginning Ianuoror,
ne snali also pay so much OF III
cipal OF SAID bonds as 1t may no q ~
ipIe 10 pay after reserving in sIia JUS,
moneys sufficient in amount II NO. 'und
interest upon those bonds hen 'he
standing which viii accrue an|9 out
due during and within the next ora oon-
year. ensuing
SEC. 10. If at any time tho,
not be sufficient moneys in 81 snall
state highway redemption fpnd sad
bond Issue TO pay the interee, ', ,'urth
principal of the state hiqbv,a,, rOn o.
Fourth issue. authorized nv ~, ''hos
then due the state treasurer sh..s, act
the same out of the general fund nd =. pay
state. The state treasurer sbs1, ene
ever as soon as sufficient n,ora.. INV
that purpose have accrued To H. LOT
STATE highway redemption fund, 10 III
bond issue, repay to the state 49,.
iuhu an amounts therefrom under ,h,a
provision ana not previously renaia
SEQ II. For the payment NJ A..
tonds authorized to be issuad no
ana by the provisions Of this act az,
tne interest which shall accrue theraa"
according to the strict terms fhe,ao,
the faith and credit of the st,fe -,
Idaho is solemnly pledged, and for n oi
paymen Of such bonds and the iotor. nc
thereon in lawful money of the T7,,.S..
states OF America as and wban a.
same shall become due the state troan
"red shah reserve any and surio,as.
or The money in his hands. at tnn TO-.
possible cost, in preference To an -.
Claims whatsoever. except tho int.
upon and the principal of other ~
of the state Of Idaho heretofore e.,
under act of the Legislature Of go.
state 'aiu
SEC. ". The state treasurer chan
give two weeks notice by publication
in two newspa pers of general oiras,
lation, one of which is published in ~.
state of Idaho, of the intention NJ 81
state to sell the bonds authorized ~
the provisions of this act. and sha,,
invite bids therefore Said bonds No..
be sold at not less than the mar valrn
thereof. upon the best terms ofreros
md the lowest rate Of interest namaa
~ any bidder. The state trea
'ha1 have the riebt 70 reject any ana
IN OF the bidsy offered and NAV ra-
ldvertise fory bids. as herein provided
SEC. 13. The EXPENSES of printing
IT flifhosraphine~~and procuring suit'
PIE bonds with interest commons Of
ached, fpr the purpose of CARVING
MT the provisions Of this act shall bs
Gid out Of the moneys arising from the
ale thereof as an exDense incident IA
he lavine out. surveying and construct
1g OF said system of state highways
SEC. Il. The said state highway
onds. fourth Issue. TO be issued under
he provisions of this act. shall hear
ate of January 1. 1921. and become
ne January 1. 1871. Both bonds and
lterest coupons herein authorized tn
. issued shall be pavable ri the Office
the state trea at Boise. Idaho.
SEC. Is. The department of public
orks of the state of Idaho is hereby
recfed to apply the proceeds of the
I'D Idaho state highway bonds. fourth
sue. as follows. towit
To the completion or construction
state roads or BRIDGES in coonaratinn
18th counties and highway districts
the state of Idaho or the federal
'vernment or both in such amounts
deemed Droper bv the department
the foregoing allotment is made
ntingent upon the availability of CO
erafive funds 10 be supplied hv com
IS. highway districts and the federal
vernment. rs provided nv law, or
nds supp'ied by private donation or
ceived from any other source. and
onld 1t anpear to the satisfaction
the depa rtnent of public works at
v time subsequent IN January I. 1922.
It co-operativ funds will not he SIM
ed in the necessary amounts to
Ike use Of the entire amount berefn
Dropriated. the department If public
rl's NAV use Mt its discretion any
nHinder for the CONSUMPTION or
of snch state HIGHWAYS %
'nea by it for the best interests Of
state.
SEC. is. This act shall not take
'ct until Mt the next general cleo
! it shall have been submitted to the
ME and shall have received = ma
~ Of oil the votes cast for or
inst it ut such election.
Tho question to he submitted to
electors of the state at the next
eral election in order TO detrrine
'ther thew will annrove or reject
act. shall be as follows:
Shall bond issue of $4,000. 900 bs
lorfzed for the laying ont surveying
constructing of state highways?
&c. ~. The SeScrtarv of the state
ERECTED to publish this act in one
SNAPPER in each county if one be
ished therein. throughout the state
three months next proceeding the
general election. The secretary
tate is directed 70 certify TO the
nv auditors and the latter to print
the ballots at the next general
ion the foregoing question. The
rms on said question shall he count
canvassed and certified in the
ner provided bv law for consti-
nal amendments
Approved March IA. 1919
O29