elected three members, two to serve three years and one to SEC. 20. That section 8 subdivision 14, be amended to read as follows: SEC. 8. That the members of each board of education, at their first regular meeting succeeding their election each year, shall elect a president, vice-president, and secretary from their number, who shall serve for the term of one year, or until their successors are elected; they may also elect at any regular meeting one superintendent of public instruction, with such salary as the board may deem just, and they may enter into contract with him, in accordance with their discretion, for a term of years not to exceed three years. The election of the officers of the board, of the superintendent and teachers, and for filling vacancies in the board, shall be by ballot, and no person shall be declared elected except he receive the vote of a majority of all the members of the board. SEC. 21. That section 12 subdivision 14, be amended to read as follows: board, bond SEC. 12. That before entering upon the discharge of Secretary his duties the secretary of the board shall give bonds in a and oath. sum of not less than one thousand dollars, to be determined by the board, with good and sufficient sureties, and shall take and subscribe an oath or affirmation, before a proper officer, that he will support the constitution of the state of Nebraska, and faithfully perform the duties of his office. SEC. 22. That section 13 be amended to read as follows: bond. SEC. 13. That the city treasurer of such city shall be Treasurer, ex-officio treasurer of the board of education; he shall attend all meetings of the board, when required to do so; shall prepare and submit in writing, a monthly report of the state of its finances, and shall pay school moneys only upon a warrant, signed by the president, or in his absence by the vice president, and countersigned by the secretary. He shall give bond payable to the county in twice the sum that may be in his possession at any one time of moneys belonging to or under the control of the board of education. SEC. 23. That section 15, subdivision 14, be amended to read as follows: board. SEC. 15. That the boards of education shall have power vacancy in to fill any vacancies which may occur in their body from among the legal voters who are tax payers. Provided, That any vacancy occurring more than ten days previous to the annual city election, and leaving an unexpired term of more than one year, shall be filled at the first city elec Census. Limit of tax. Interest. tion thereafter, and the ballots and returns shall be designated as follows: "To fill unexpired term." SEC. 24, That section 18 subdivision 14, be amended to read as follows: SEC. 18. That the boards of education shall annually cause to be taken an enumeration of all persons between the ages of five and twenty-one years residing in the district, who shall report the same, together with such other information as required by sections 1 and 17 of subdivision 4 of this chapter, to the county superintendent of public instruction at the time specified by law for like returns from other districts. SEC. 25. That section 24 subdivision 14, shall be amended to read as follows: SEC. 24. That the aggregate school tax shall in no one year exceed two per cent upon all the taxable property of the district. SEC. 26. That section 26 subdivision 14, be amended to read as follows: SEC. 26. That the board of education is hereby authorized and required to provide before the same shall become due, for the interest on all bonds issued by the district; they shall also, immediately after the expiration of one-half of the time for which said bonds are issued, proceed to set apart, each year, for a sinking fund, a requisite amount or proportion sufficient to pay the principal of said bonds when they shall become due. All moneys set apart for said sinking fund shall be invested: First. In the purchase and redemption of bonds of the school district, which bonds shall be purchased in open market, in such manner as the board of education shall prescribe. Second. In bonds of the county in which the city is situated. Third. In bonds of the State of Nebraska. Fourth. In United States bonds. Fifth. In bonds of the city. SEC. 27. All acts and parts of acts inconsistent with Act repealed. this act are hereby repealed. SEC. 28. Whereas, an emergency exists, therefore this act shall take effect and be in force from and after its passage. Approved February 28, A.D. 1883. Comp. Stat., 453, 456-7. 479, 468-5. To take effect. CHAPTER LXXIII. AN ACT to amend sections four [4] and five [5] of an act entitled "An act to provide for the issuance and payment of school district bonds," approved February, 1879. Be it enacted by the Legislature of the State of Nebraska: SECTION 1. That sections four and five of an act entitled "An act to provide for the issuance and payment of school district bonds," approved February, 1879, be so amended as to read as follows: Amount of SEC. 4. That no such bonds shall be issued in the ag-bonds. gregate amount to exceed five per cent of the taxable valuation of the district for county and state purposes for the year next preceding such issue; nor shall any district issue bonds unless there are at least twelve children of school age residing within such district. Number of scholars determines amount SEC. 5. The amount of bonds shall in no case exceed five hundred dollars in those districts having less than of bonds. twenty-five scholars, and not less than twelve of school ages; and the amount of bonds shall not exceed one thousand dollars when the number of children of school age are twenty-five or more, and less than fifty; and the amount of bonds shall not exceed two thousand dollars when the number of children of school age are fifty or more, but less Act repealed. To take effect. than one hundred; and the amount of bonds shall not ex ceed five thousand dollars when the number of children of school age in the district are one hundred or more, but less than three hundred; and in districts having three hundred or more children of school age, such an amount of bonds may be issued as may be agreed upon, not to exceed five per cent of the assessed valuation. SEC. 2. That the original sections four and five of the above recited act be and the same are hereby repealed. Provided, That no rights acquired, or liabilities incurred, or bonds issued under said original sections four and five, shall be affected by such repeal. SEC. 3. That this act shall take effect and be in full force from and after its passage according to law. Approved February 24th, A.D. 1883. CHAPTER LXXIV. Boards of edu cational lands and funds. AN ACT to amend an act entitled "An act to provide for the registry, sale, leasing, and general management of all lands and funds set apart for educational purposes, and for the investment of funds arising from the sale of such lands," being article 1, chapter 80, Compiled Statutes. Also to repeal article three of said chapter 80. Be it enacted by the Legislature of the State of Nebraska: SECTION 1. That the board of commissioners provided for in section one, of article VIII, of the constitution, consisting of the governor, secretary of state, treasurer, attorney general, and commissioner of public lands and buildings, shall cause all school, university, and agricultural college lands, now owned by, or the title to which may hereafter vest in the state, to |