Page:1889 North Dakota Session Laws.pdf/133



AN ACT Making Invalid Bonds or Other Evidences of Debt of Counties and Bonds of Townships and Other Political Corporations, Unless the Same Have Endorsed Thereon a Certificate Showing Legality of Issue, and Designating the Proper Officer for Making such Certificate.

Be it Enacted by the Legislative Assembly of the State of North Dakota:

§ 1. BONDS AND EVIDENCES OF DEBT, WHEN INVALID.] No bond or evidence of debt of any county, or bond of any township or other political subdivision of this State shall be valid unless the same have endorsed thereon a certificate stating that said bond or evidence of debt is issued pursuant to law and is within the debt limit, which certificate in the case of a county shall be signed by the county auditor or county clerk, and in the case of a township or other political subdivision shall be signed by the treasurer of such township or other political subdivision.

§ 2. EMERGENCY.] Whereas, an emergency exists in that there is now no law fully carrying into effect the provisions of Section 187 of the Constitution; therefore, this act shall take effect from and after its passage and approval.

Approved March 20, 1890.