Imperial Valley press., 1922-08-31


forotion with suitable device IN
manner to indicate such canceilas ;as sioH of
and the date thereof. the proVislonS 1dn IN
tb;s section shall be appilcaole o,S +he
tho % interest coupons pertaining ~ " he
tnnds .n authorized by tins ae' ~ for
i"smo5 poia5 and shall be applicable, a. ;1ed M
ls'r s ,,racticable, to any duly au'Nol
op+ 90 of the state treasurer. ;o+ed
assno o There is hereby appropiiatotto ntoto
oe'' tbe General fund in the 81 TIIoo bo
from 1n0 sSeb sum annually as WIZ W
treasuiy ayu to nav the principal Oh ama a
nece:salS 4orost on the bonds issued IN Il.
'he inVrt rs,ont to the provisions Oh 'hn7
t so,u as said principal and interest," "
comes due and payable nro,1v in
oo m,,ora shall be collected anhuat; i;ao
=. ao,oe manner and at the sam o,,ob
the sanno s, .t ate revenue is collected sucn
as otn0 ~ addition to the ordinary rev
sum- of the state, as shall be requiiou
en'oS o1 the principal apd interest =
10 P"y tyonds as herein provided, anu ~
;s hereby made the duty Oh al IN regard
CHARGED by law with any 9nna uu.y to do
20 the collection of sald reNen" which
ma IN nerform each and every h a"G adj.
sball be necessary to coilec' '00''
tional sum. , &c maturity of
aoi1 nrincipal and interest IN cay eaS" ;nto
oai' ai vear. there shall be returiieu as,,rI,
er e.i ,onaral fund in the state tleoou 4
tn' tbo moneys subject to anu ','ii o4
an " e.. +bo nse of the state liillo 80
apie 10 hoard not in excess OF the p 40
t!oin I'm af ond interest on the ponds' me oe
sipsN ana M navable and, in the even +os 90
ouG '", orays so returned on sala u"o:9
se'n So maturity % being less than Ine sn "nJ
ol I'LL and interest then due 'si'o
Pllni PnIio then the balance relii"ihine
pay";Da sboIl be returned into the son
unp'su s,'nd in the state treasury as 9oU1'
ia =, ,"- f+or os II shall become aVaiisoiu ~,
| thei - - With interest thereon, ,iloH
,, .os 1otes of maturity until SO Ie'unli ~,
SUI" tbo rate of five per cent po'
eu' az oo,,nounded semiannually. >,
ahnu.i' nr;ncipal and interest Oh salu
bonds shall be paid when uu1 u+roilay
,rorrants duly drawn by the ctn tnaos.
| of the state in favor OF the sIatI arize1
,,ror or in favor of any duly aulno, ,, 40,
| orent of the state treasurer Pra uPa ri
I Taon1s audited by the state po4r nrr cd
nnntrol and the moneys to be rev. ,oU1
;nto +he General fund in the sta'e e. ~ tbis
INV ,,rs1ant omr to the provisions OIL tnle
| ulS .;pr shall likewise be PAID as hele
| soos,o ra,,;ded upon warrants duly ui"1 =
In ~ ptho controller of the state upon ue
ny u;yords , dulv audited by the state po"i'
Oi Sec. SS 6. The sum of ten 5homt"nt ou4 o+
neo 81 i hereby appropriated out o.
uo,,",n Money in the state treasury NO
any atISorwise appropriated to pay the @ a., TM
a" o.nei 4" that may be incurred by tI'
pUn9e p.nto treasurer in having SAID POM,
aronored S,",r and advertising their saL1 az
PPa;5 amount shall be refunded 10 vn, Wv
go zeal fund of the state treasury oI
"a .bo land settlement fund IN aeeoIu
ol .nr .,.ith tbo provisions of this act OF
| CONTROLLERS warrant duly ara" i
Ithat purpose. lands authorize,
| IN he issued under TINS act 'n" Ia +bl
| dnlv executed, they shali DC y! =,
tate treasurer sold at public auction y
tbc highest bidder for cash' III 4soos s"c,
narcels and numbers as the salo tlu',H
nror shall be directed by the goNeIato, sto,
| of tbo state. under seal thereon az
rosolntion requesting such sale shai
%ove been adopted by the state lahC tIl,
nottIoment board and approved py Vh'
| 1',,.ornor of the state; but sald tre"o
So must reject any and all bias !oi
Uai5 bonds. or for any of them, Whici
| Ill bo below the par value OF sai,
Snnds @ so offered plus the interest "hlei tl
| has accrued thereon between tno u".
of sale and the last preceding lhIeioo' -
oaotmritv date: and with the approVal ..
| tbo Governor, he may from tiiio ~
| t;n,o NV public announcement at Vh'
| rIooe and time fixed for the sale' COZ"
t;nne such sale, as to the whole OF tli' an
| nnds offered, or any part Thereon OIL
| ored TO such time and place as JIG niel
select. Before offering any o. ~
bonds for sale the sad treasurer n:a, S"''
| detocb therefrom all coupons WhISi
| have matured or will mature peioro 'n'
| dav fixed for such sale. -, ,z
Sec. s. Due notice of the time anD
! ,loce of sale of all bonds must be SlVoi
Pw soid treasurer by publication III one
newspaper published in the clty "h' ~"
| oountv of San Francisco and also pS
nnbIication in one newspaper pup
| ;Shed in the city of Oakland
and bv publication in one news
naper published in the city OF
Los Angeles and by publication Az ~
one newspaper published IN tn' o
city of Sacramento once week uufins 1l;
four weeks prior to such sale In addl .Il
tion 70 the notice last above proVlde,e
FOR the state treasurer may give suel
further notice as he may deem adVls
| able. but the expense and cost OF susl
additional notice shall not exceed th'
Snn Of five hundred dollars for eaef
| sale so advertised. The proceeds OF tht
sale of such bonds and such amount
os NAV have been paid as accrued IN
| terest thereon shall be forthwith paiI
over by said treasurer into the lailu
settlement fund in the state treasury
and must be used exclusively to proVldt
emnlovment and rural homes for SOL
diers. sailors, marines and others "ho
have served with the armed FORCES %
the United States in the European wal
| or other wars of the United States, IN
| cludine former American citizens VINO
served in allied armies against the cen
tral powers and have been repatrlateu
and who have been honorably dlscharg
1 Ill., p.