The Idaho Republican. [volume] (Blackfoot, Idaho) 1904-1932, 1920-08-16
The Brown-Hart Co.
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act, and shall invite bids therefor.
SAID bonds must be sold at not less
than the par value thereof, upon
the best terms offered and at the
lowest rate of interest named BY
any bidder. The state treasurer
shall have the right to reject any
and all of the bids offered and may
readvertise for bids, as herein pro-
vided.
Sec. IL. The expenses of printing
or lithographing and procuring suit
able bonds with interest coupons at
tached, for the purpose of carrying
out the provisions of this act, shall
De paid out of the moneys arising
from the sale thereof as an expense
incident to the laying out, survey
ing and constructing of said system
Of state highways. .....
Sec. IA. The said state highway
bonds, fourth issue, to be issued
under the provisions of this act,
shall bear date of January 1, 1921.
and become due January /, 1941.
Both bonds and interest coupons
herein authorized to be issued shall
he payable at the office of the state
treasurer at Boise, Idaho.
Sec. Is. The department Of pub
lie works of the state of Idaho Ia
hereby directed to apply the pro-
ceeds of the said Idaho state high
way bonds, fourth issue, as follows,
to wit:
To the completion of construction
of state roads or bridges in COOP
GRAFTON with counties and highway
districts Of the state of Idaho or the
federal government or both, in such
amounts as deemed proper by the
department. s..--0
The foregoing allotment is made
contingent upon the availability of
cooperative funds to be supplied by
counties, highway districts and the
FEDERAL government, as provided by
law, or funds supplied by private do
nation or received from any other
source, and should it appear to the
satisfaction Of the department of
public works at any time subsequent
to January /, 1922, that cooperative
funds will not be supplied in the
necessary amounts to make use of
the entire amount herein Appropriate
ed the department Of public works
may use, at its discretion any re-
mainder for the construction or COM
pletlon Of such state highways al ,
deemed by it for the best interests
Of the state.
Sec. It., This act shall not take
effect until at the next general cleo.
ton 1t shall be submitted to tina
people and shall have received 4
majority of all the votes cast for or
against 1t at such election.
The question to be submitted to
me electors Of the state at the NEXT
general election in order to deter.
mine whether they will approve or
reject this act, shall be as follows:
snail bond issue of g..
100000 be authorized for the
laying out, surveying and con-
structing Of state highways?
Sec. II. The secretary of state IA
directed to publish this act in one
newspaper in each county, il one be
~ Dllshed therein, throughout the
tate, for three months next preced-
ng the next general election. The
OF state is directed to GER
ny TO the county auditors and the
after to print on the ballots at the
lext general election the foregoing
uestion. The returns on said Owes
ION snail be counted, canvassed and
ertilied in the manner provided by
aw Tor constitutional amendments.
approved March "a, y191s.-Adv.
Tvs 10 l3 1S 10 20 rs 20 81 34)