Montpelier examiner. [volume] (Montpelier, Idaho) 1895-1937, 1920-09-03

rying out the provisions Of this act.
SEC. 4. 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
cd by the secretary OF state In his
official capacity and be Ruthentica-
ted by having attached 10 each the
great seal OF the state OF Idaho.
SEC. S. After being signed sy
the governor and the secretary OF
state and being authenticated as
hereinbefore provided the said bonds
shall be delivered 10 the state audit
TO who shall make and keep In his OF
flee q 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 a
register of all bonds issued under
the provisions OF this act, which re-
gister shall show all those things re-
Quired 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 IL 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
ed thereto shall have the Autograph
cd or printed facsimile signature %
the state treasure. which signatures
snail bind the state OF Idaho. The
state treasurer shall mako delivery
u the bonds TO the purchaser there
" on benalf OF the state OF Idaho
and shall ut the same time make
collection from said purchaser Of the
fun 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 be
paid into the Idaho state highway
fund. such moneys are hereby ap-
propriated and made available fol-
the laying out, surveying and con-
stTuctlng of q system OF state hign-
ways in the state of Idaho, includ-
ing all bridges, culverts and grades
ana the purchase OF rights OF way
forming i part thereof or being ne
cessary TO be had, used or occupied
IN connection Herewith and for such
. purposes only. No moneys shall 81
any time be withdrawn permanently
from said fund except upon war
rant Ok tho state auditor.
SEC. 0. For the purpose oi
creating q fund, which said fund Il
hereby designated az the state high
way redemption fund, fourth bono
issue. out OF which shall bo paid th'
! principal and interest upon the b0ndi
: TO be issued under and by virtue o
the provisions of this act there 4
! hereby levied q tax OF fourteenth
OF one mill 10000 upon each dol
! lar IN value OF the taxable pFOpert.
: within the state. tho same to b.
: known as the state highway tax, AM
! the proceeds Of the same are here
J by appropriated and set aside unit
, such time as tho said Idaho stat
y highway bonds, fourth issue, and ~
lIinteEest which shall have accruo
thereon are fully paid and redeeme
The moneys accruing from Ia
source above mentioned, which ar
hereby diverted, appropriated an
set aside for the purpose above %
forth. shall BIO by the state audito
and state treasurer credited TO an
placed In tho said state highwa
; redemption fund, fourth bond issni
out OF which fund the state treai
urer shall pay the interest upon ia