Imperial Valley press., 1944-10-11

signing. countersigning, or endorsing
said bonds. Each bond issued under
this article shall contain a clause or
clauses stating that interest shall cease
to accrue thereon from and after the
date of maturity thereof and referring
to this article and to the resolution OF
the Veterans Finance Committee OF
l943 hereunder by virtue Of which said
bond is issued
9yO.3. The requisite number Of suit
able interest coupons. appropriately
numbered, shall be attached to each
bond issued under this article Said
Interest coupons shall bear the facsimile
signature Of the State Treasurer who
shall be in Office on the date OF issuance
Of the bond to which said coupons per-
tain
1904. All bonds issued under this
larticle and sold shall be deemed to have
lbeen called in at their respective dates
lof maturity and the State Treasurer
shall, on the respective dates Of matur-
lity Of said bonds, or as soon thereafter
as said matured bonds are surrendered
to him. pay the same out OF the proceeds
Of the Controllers warrants drawn In
his favor as provided In Section 99O.5
and perforate the bonds SO paid with a
lsuitab BILE device IN manner to indicate
such payment and the date thereof He
shall also. on the said respective dates
of maturity. cancel all bonds bearing
said dates OF maturity and remaining
lunsold by perforatiOn with a suitable
device In manner to indicate such can
collation. and the date thereof. The pro-
visions of this section shall be applica-
BILE also to the interest coupons per-
taining to the bonds authorized by this
article TO be issued, and shall be appli.
cable, as far as practicable, to any duly
authorized agent Of the State Treas
urer
lrxa., bo Fund In tho State
Treasury such sum annually as will be
necessary to pay the principal of and
1.-The interest on the bonds issued and sold
lpursuant to the provisions OF this article
as said principal and tnteres, become
due and payable
There shall be collected annually In
1.-THE same manner and at the same time
las other State revenue Is collected such
la sum, In addition TO the ordinary reve.
lnues Of the State. as shall be required
to pay the principal and interest on sale Z
lbonds as herein provided. and II IL
thereby made the duty OF all ofncer,
charged by law with any duty In regart
Ito the collections OF said revenue. to az
land perform each and every act whicf
shall be- necessary to collect such add
ltional sum
on the several dates Of maturity o.
said principal and interest In each fisca
wear there shall be returned into thu
l9;eneral Fund In the State treasury. al
lof the moneys In the Veterans Farm
land Home Building Fund OF 1943. not "
lthe said bonds then due and payable
and in the event of such moneys SO re
turned on said dates OF maturity beint
less than the said principal and interes
then due and payable. then the balance
remaining unpaid shaii De returned int.
lout of said Veterans Farm and Hom
lBuildine Fund of 1943 as soon there
latter as IL shall become available. to
Igether with interest thereon. from sucl
r dates OF maturity until 30 returned. a
the rate Of per cent per ahhu'h' com
Both principal and interest Of sal
+ bonds shall be paid when due upon war
e rants duly drawn against saIu appIo
. priation from the General Funo Dy U
Controller Of the State In favor or IN
= State Treasurer or In favor OF any dul
e authorized agent OF the State Treasurer
Il upon demands audited by the State De
Z lpartment of Finance, and the moneys I
!. be returned into the General Fund In IN
:, State treasury pursuant to the PROV
] sions of this section shall likewise
] paid as herein provided upon warrant
n duly drawn by the Controller Of tn
lState upon demands duly audited by tn
e State Department Of Finance.
( 99O6. The. sum Of thirty-five thou
sand dollars t$35,000) Is hereby apprc
c lpriated out of any money In the stat
r Treasury not otherwise appropriated
e lpay the expenses that may be incurre
q lby the State Treasurer In having sal
3 bonds prepared and In advertising thel
/. lsale. Said amount shall be refunded
n the General Fund In the State treasur
!, out of the Veterans Farm ana HON
n Building Fund of 1943 on Controller
e Warrant duly drawn for that purpose.
i, 990.7. When the bonds authorized
/, he issued under this article shal! :
a duly executed, they shall be by the sta,
e Treasurer sold at public auction to IN
g highest bidder for cash, In such parce
: lbe directed by the Governor OF the stat
r riunder seal thereof, after a resolutio
e Requesting such sale shall have bee
0 adopted by the vcterans' Welfare Boar
fland approved by the Governor OF q