Perth Amboy evening news., 1921-08-03

10. In case any coupon bond and the
:. coupons thereunto appertaining, or any
l registered bond. shall become mutilated or
DESTROYED. a new bond shall be executed
E and delivered. of like tenor, amount, uate
9 and series in exchange and SUBSTITUTION
for the mutilated or destroyed bond or
I coupons. In case of destruction, the APP
plicant for a substituted bond shalI iut-
$ nish to the State House Commission EVIL
= dence satisfactory to it of such destruc-
/, ton, and also such security and lndem,
nifty in equal amount as may be requireu
III, Any expense incurred by the issu-
ing officials for advertising, engraving,
printing, clerical, legal or other service
necessary to carry out the duties imposei
upon them by the provisions OF TINS act
shall be paid from the proceeds OF the
state uDon the warrant of the Comptroller
in the same manner as other obligations
of the State are paid.
II. An amount not In excess OF ten
million one hundred and ffty-three thou
sand nine hundred and seventy-hVe tSlo'-
1853, 975. 00) dollars, is hereby appropriated
from the State Institution Construction
Fund to pay the cost of constructing, re-
constructing. developing. extending ana
lequipping existing charitable, hospital. re-
lief, training, correctional. reformatory
and penal institutions or appurtenances
thereto and of acquiring land or lands,
rights and easements, insofar as sucn
costs are necessary in connection with the
construction or equipment OF eXlstihs
State institutional buildings, railroad spur
tracks and sidings,, power houses. heat
ing and lighting plants, water supply and
sewage disposal plants, industrial and
manufacturing plants and appurtenances
thereto or any other construction neces-
sary for the proper erection, operation,
construction or reconstruction OF eaas,Ins
tuted and three million seven hundred
and seventy-slx thousand and twenty-five
| t$3, 776, 025. OO) dollars Is hereby appropri-
@ ated to pay the cost of constructing, de-
veloping, extending and equipping. the
t State Training School for Feeble-Mlnded
Nt,J,a Ctota rrraipfpr School for FecDlp-
@ Minded Females, State Institution Tor De-
Y |fective Males. and State Psychopatic Hos
-, Dital or appurtenances thereto and OF 90
quiring land or lands, rights and ease
| ments, insofar as such costs are nects-
: sary in connection with the construction
, Of the aforesaid additional state instltu-
lions including buildings. railroad spur
tracks and railroad sidings, power houses,
heating and lighting plants, water supply
and sewage disposal plants, Industrial
and manufacturing plants and appurte-
, nances thereto or any other construction
necessary for their proper erection; oper-
hereafter constituted.
10. The term existing charitable
hospital. relief, training, correctional. re-
forInatory and penal institutions" as used
in this act shall be construed to mean
> any existing institutions of TINS description
as now constituted or as hereafter con-
stituted in accordance with this or any
/, other law. and it shall in each case be
deemed to include all the approaches or
appurtenances to such institutions, I'M
/, proved or unimproved, artificial or natu-
raj, which are found to be necessary for
' the proper development and management
r or the proper care and treatment of the
patients or inmates of any OF the afore-
= said institutions, but it shall not be deem
e ed to include public school buildings.
$ IA. The term additional charitable,
f hospital, relief. training. correctional. re
( formatory and penal Institutions as used
In this act shall be construed to mean
t such additional institutions of this descrip-
ton as may be developed in accordance
q with this or any other law and 1t shall
n in pnpb case he deemed to include all the
= approaches and appurtenances to any such
a proposed additional institutions. whether
- improved or unimproVed, artificial or ma
t tural, which are found to be necessary
d for the proper construction. de~velopment
e and management or proper care ana
$ treatment of the patients and inmates of
any of the said additional institutions. but
n it shall not be deemed to include public
: school buildings.
is. The term construction as used In
$ this act shall be construed to mean the
+ construction of additional charitable, hos
pital, relief, training, correctional, rotor
v matory and penal institutions, the recon-
II struction of such existing institutions and
+ the provision of such additions and i'm
provements in the proposed additional m
stitutions and in existing institutions as
cannot be classed properly as repairs;
moneys realized from the sale of bonds
- authorized in accordance with this act
o shall be used to pay the cost OF the re-
d placement of any object purchased with
the proceeds of the sale of bonds author
n lied by this act.
n l6. The term 'CQulpment' as used IN
this act shall he construed to mean the
l. provision Of proper facilities for the oper-
n alton and management of existing or addi-
d Itlonal charitable, hospital. relief. training,
correctional, reformatory and penal in
e situations for the purposes for which they
Is are created, including heating. lighting.
n water supply, power and sewage disposal
" plants and fixtures. and other sanitary IA
IS %cilities, manufacturing, industrial and
to other machinery used in the production of
l. goods. but shall not be construed to In
es clude live stock, vehicles, farm tools and
$. machinery, other machinery. tools and
e equipment, materials office equipment
m furniture, ordinary household equipment,
le and other ordinary supplies, materials and
re equipment which are consumed in use OF
lie which are ordinarily used up or worn out
a through use or deterioration in less thar
,r fifteen U5) years,
II. a sinking fund is hereby establish
ed for the retirement of the principal OF
So said bonds. Beginning with the year at
,e ter the date of issue of each series OF
he bonds, and in each year thereafter. an
Is amount shall be paid as hereinafter pro-
s. vided, into the said sinking fund, which
r. would, If thereafter annually contributed
d to said fund, with the fund in hand, and
l. interest on said fund and on such annual
lie contributions at the rate. of three and one
at half per centum, compounded annually. be
IF sufficient to pa, the principal of the out
n standing bonds of each series at theiT
r maturity. ami such fund is hereby ap,
&c amounts required to be contributed ir
20 each year on account of all series of bonds
+ are sometimes herein referred to as the
Is sinking Fund requirement.
ID is. a Sinking Fund Commission Is
Of hereby created. which shall consist OF
At the Governor, the Comptroller of the
Treasury and the state Treasurer. Thu
E. commission shall be governed by such
ir rules and regulations as it may flcn
Mt time to time adopt. The commission
in shall have the care and management o.
TO the sinking fund which is hereby estab'
Mt lished, and custody and control of al
sinking fund moneys, securities, papers
lie and records appertaining thereto. TIL
e. State Treasurer shall be treasurer of tn
e. commission and shall deposit all moneys
be received as hereinafter prescribed in sucl
by depository or repositories as he shall de
be termine. He shall give a bond In sucl
c. sum as shall be determined by the Sink
f. ing Fund Commission. premium for whicl
CHI shall be paid from the tax revenues mere
in in provided. The sinking rund Commis
sion shall also pay from the sinking fund