The Caldwell tribune. [volume] (Caldwell, Idaho Territory [Idaho]) 1883-1928, 1920-10-19


fx 1a nd moneys to be used in paying
surveying and constructing system
oan Of aff ;sSS5ooo n the state Of Idaho
ized to be negotiated upon the faith
an: . &C. credit IF the state q Idaho.
rected to issue bonds Of ths state tat On IN
sucn denominations as he deems adj
i osn ItSssr,esaating the amount q the
shall BE- known as Idaho sion state I SisSn
way bonds. fourth issue, anG shail be-
some due 70 years from the date Of
interest ct q rate which shall not ex-
ced the rate Of five percentum per an
mum, and such interest shall be paid In
day Of July in each Year. SUCH in IN.
Stains Staiiments Of interest shall be evil
TO each bond in such manner that they
m mutt Ct either the bond or the cou-
secutively from to 10 10 incIu ssrea c Xny
or all OF said bonds may, at the pleas.
Sser, OF + the state. be paid off and re-
az oseeim asM AFTER 10 years from the date
Sec. $. The state treasurer shall
cause TO be printed or Autographed
Interest coupons attached thereto Won for
the purpose Of carrying out the pro-
Sec. 4. All bonds issued under and
oy virtue OF the provisions of this act
snail be signed by the governor Of the
mamie az and da IN h Mith of bis own proper
They shall likewise be signed By the
secretary OF state in his official ca
pacity and be authenticated BY having
Sec. s. After being signed by the
s0xef ha'r ana the secretary of state
FORE provided the said bonds shall be
delivered to the state auditor who
shall shall make and keep in his office a
each bend and the interest coupons at Z
tached thereto In the manner and form
n. w ststs bends of hheresofors issued BY
Of the state auditor. Having 80 resis-
the 6onas to the stase
the full par value thereof. Aer win
ana stats hts o1ss fss
Of all bonds issud under the rovlsiGns
Of this act, which register shall show
sy the register theseof Kept IN e the n0 ofa
flee of the state auditor and such other
tntormation with respect thereto as
necessary to record.
Sec. Z. When ready to make deliy-
sign each Of said bonds with his own
paclty as such state treasurer and
each of the interest coupons attached
thereto shall have the Autographed or
treasurer, which signatures shall bind
the state of Idaho. The state treasure
shall make delivery Of the bonds to the
Of Idaho and shall at the same time
make collection from said purchaser
Of Of, I'll, the full amount Of the price for
Sec. s. All moneys received from
the sale of the Idaho state highway
Ponds, fourth issue, shall be paid into
moneys are hereby appropriate and
made available for the laying out. sur
W Vssying and and, &C, Of system
including all bridges, cuiverts and
grades and the purchase Of rights OF
r wsy forming orT n = part thereof or being
In connection herewith and for ru SUCH
purposes only No moneys shall at any
time pc Withdrawn permanently from
the state auditor.
which sa Saur fRSaa 81 Is cfss sseSss
ddssignated as the state highway- re.
Of %pseS sns pad so ,Ss out
and interest upon the bonds to be is.
s slssa under and by virtue of the pro-
esea tax n ase 5nsrs i hereby
10000 upon each dollar in value OF
the taxable property within the state
the same to be known as the at2te
same are hereby appropriated and Sci
aside until such time % the said Idaho
all interest Which SHAH hava I accr neS
thereon are fully paid and red esmed
The moneys accruing from the sourc,
above mentioned. which are hereby di,
the purpose above set forth. shall b,
by the state auditor and state treas
urer credited to and placed In the iait
bond issue, out of which fund the stat,
treasurer shall pay the interest upor
the Idaho state highway bonds, fourth
ISSUE as the same shall become due