Page:United States Statutes at Large Volume 26.djvu/232

 178 FIFTY-FIRST CONGRESS. Sess. I. Ch. 614. 1890. · mm_” 9* been issued such additional amount shall be levied annually as will pay ten per cent. of the total amount issued until all the bonds nuermgeormms issued under the provisions of this act are pa.id and discharged. Nothing herem contained shall be construed to prevent the le sla- ¤l¤¤¤¢!¤¤¤l ture of Arizona from creating a sinking fund during the life oglsaid bonds for their redemption at maturity. ·¢ T "Tth0e Tlerridtptrgal blcslrdl of equaliéation, oi? ton thpglfailmre, tlge ern ri aur, s etermine e rateo ax to evi int e diderent counties in the Territoryto carry out the provisions of this ouunwm me act, and shall certify the same to the ‘board of supervisors’ in each $ ',‘Z,u§_"° gcgunsy gud to the municipal or schooll aughorities ; andi the said ar o su ervisors, or authorities are ere y directed an required t0_ enter such rate on their assessment rolls in the same manner and with the same efect as is provided by law .in relation to other Terrim";‘;:._}’•,;,'*f*¤• "¤  county, inuniciipaltznd tschgo lfaxesa; Eyerybtax gried uner e rovisionso au ori o t isac is ere m ealin gfainst ghe]froTrty assessed, lvhich lien shall attaclh on the first onday in arc in each year, and shall not be satisfied or removed ¤·· -···-··» ·· ·· “‘*YH‘f.i‘0I’i‘1§¤’i£.*¥$$3 im t th · ed b · - f ti.- mu _ _ _ rom axes au oriz y provisions o is lm _ act shall be paid mto· the Territorial treasury, and shall be a plied : ,,§§“°'"""°‘ l"' ‘éFist. To the payment of the interest on the bonds issued hereun er. """"°· “Second. To the payment of the rincipal of such bonds : Provided, ""` °""°`EM §ii“°'*’.“i“i$`°‘ii“”i.Z‘ii‘i$y“ ’§;'2"““".¥ hh Yi‘° H°Q...i°‘“*’*i.°'ii*}i.`“° ’ "`f . er said on ss ave upai an isc a, a et ferred by the Territorial treasurer to the Territorial ‘ general fiitiids; gwm •¤¤‘· “Pan. 2048.  10,) Whenever, after the expiration of the fifty years frptm til; te of iasugnge of any bonds undisgd this lact, there remamsa er epa en o tein restas rovi int reeed‘ section, a surplus zillion thousand dollaris orpmore, it shalllligthe diity mmgrumw mm- of the Territorial treasurer to advertise, as in the manner of adver— _ of w.·¤.°"L,°',:;, yo, tising by the loan commissioners for bids, for sale of bonds, which nymnmow. advertisement shall state the amount of money in the said redemptmphfund, and the number of bonds, fiumbering lthem in the order o eir issuance, commencing at the owest num er then out t nding, which such fund is set a art to pay and discharge; and if such bonds sg nugnbered1{n such adyertisements shall nlot be presented for paymen an canoe ation at theexpiration of suc pub ication, then such fund shaagl ilpmaip in gislfisaasury to dischargesuchibonds when— c¤••¤¤¤ or mm- ever presen, u ey s raw no in erest a er e ex 'ration °" ; of such publication. Before any such bonds shall be paid theg shall ¢“¤¤*¤•*¤¤1>•!¤·¤¤¤- be presented to the Territorial auditor, who shall iudorse on each gong me almpung due theregn, and ahall writefagoss the face of earch on e a e o its surren er an e name o e erson surren er- 0,$f"”*°"' *’°°° "°· ing. _The Territorial auditor shall keep a record ol; all bonds issued and disposed of by the Territorial treasurer. showing their number, rate of interest, date. and amount of sale, when, where, and to whom payable, and if exchanged, for what, and when presented for re~ emption the date, amount due thereon, and person surrendering. _m,°",g‘,j{,',{;, " he boards of supervisors of the counties, the municipal and amen-. sghciol authorities, are hgreby €li_uthorizedhandbdi1;pé:(§ed m report tlc e can commissioners o the erritory their on an outstan - ing indebtedness, and said loan commissioners may, on written dem£ponmm¤¤>m· mand, require an official report from the board of supervisors of °“°"· counties the_munml or school authorities, of their onded and Mmmm putsganldgpg mdeb eps, mid saigtlpan commissioners shall (provide °* M or e _ eeming or re un ing o e county, municipal, an schoo ` district indebtedness, upon the official demand of said authorities, in “*"’°““ the same manner as other Territorial indebtedness, and they shall issue bonds for any indebtedness now allowed, or that may be here-
 * ,:"'},;',‘§,'§',,°',f,‘¥?‘,Q*',,,j That all moneys remaining in the hiterest fund after the pa ment of