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Bonds of Harlan county.

Duties of coUty commissioners,

AN ACT.

To provide for the funding of the indebtedness of Harlan county
Nebraska.

Be it enacted by the Legislature of the State of Nebraska :

SECTION 1. That the county commissioners of Harlan county, State of Nebraska, are hereby authorized and empowered to prepare in due form, and cause to be printed in proper style, certain coupon bonds hereinafter set forth to an amount sufficient to pay the outstanding and unpaid warrants of said county, issued prior to the issuance of the bonds herein provided for: Provided, That in no event shall the amount of such bonds exceed ten per cent. of the valuation of said county: And, provided further, That the county commissioners of said county, shall first submit the question of the issuing of said bonds to a vote of the legal voters of said county in the manner provided by chapters thirteen and thirty-five of the revised statutes of 1873, of the State of Nebraska, for the submitting to the people of the county the question of borrowing

money.

SEC. 2. The said county commissioners in the issue of said bonds, the levy and collection of taxes, to meet the principal and interest of the same, shall be governed so far as the same are applicable by the provisions of an act entitled "An act to enable counties, cities, and precincts, to borrow money on their bonds to aid in the construction or completion of works of internal improvements in this state, and to legalize bonds already issued for such purposes," approved, February 15, 1869, and acts amendatory thereof.

SEC. 3. Such bonds shall be for the payment by the county of Harlan of the sums specified therein, and shall

be each in amount not less than five hundred nor more Style of bonds. than one thousand dollars, made payable in the city of

New York, and to run not more than ten years, nor less than five, with interest at the rate of ten per cent. per annum payable annually. Said bonds and coupons shall be signed by the chairman of the board of county commissioners and countersigned by the county clerk of said county.

SEC. 4. Said bonds shall be issued for the purpose of Levv of tax, funding the indebtedness of Harlan county, and said county commissioners shall levy a tax annually for the payment of the interest on said bonds as it becomes due: Provided, That an additional amount shall be levied and collected to pay the principal of said bonds when it shall become due : And, provided, That not more than twenty per cent. of the principal of said bonds shall be levied and collected in any one year.

SEC. 5. This act shall take effect and be in force from and after its passage.

Approved, February 25, A. D., 1875.

To take effect.

AN ACT

Authorizing school district number fifty-six of Richardson county, to issue bonds for the purpose of erecting a school building, procuring a site therefore, and for setting aside a fund to pay same.

Be it enacted by the Legislature of the State of Nebraska :

to issue bonds.

SECTION 1. That the school district board of trustees School district of Falls City school district number fifty-six, be, and they are hereby authorized to issue bonds of one hundred dollars each, to the amount of twenty thousand dollars, payable in ten or twenty years at the discretion of said board,

Election.

Form of bonds.

Fines and penalties in

with interest at the rate of ten per cent. per annum, for the purpose of erecting a high school building and providing a site therefore in said school district.

SEC. 2. That said bonds shall not be issued by said board of said district, unless the same shall be ordered by a majority vote of the electors of said school district voting at an election to be held for that purpose, said election to be called and conducted in the same manner as is now provided by law for the calling and holding special elections in the school districts, said notice shall state the proposition to be submitted to said electors. The electors when assembled shall vote by stating on their ballots, "for bonds," stating the amount to be issued, or "against bonds."

SEC. 3. The said board of trustees shall provide the form of said bonds, and also sign and issue the same. Said bonds and interest to be made payable in some stated place in New York city, and no bond or bonds to be sold at less than eighty-five cents on the dollar.

SEC. 4. That all fines, penalties, and forfeitures, hereFalls City, how after imposed, for any breach of the ordinances of Falls disposed of. City, and all moneys for licenses to sell or traffic in liquors or any other commodity, or carry on or transact any business in said city, granted under any by-law or ordinance thereof, shall be set apart by the treasurer or other officer unto whose hands they may come, to be paid over to the said board of trustees, and all fines imposed by the police judge of said city shall also be placed to the credit of said school district.

High school, || where con

structed.

SEC. 5. The said high school, above provided for, shall be constructed as near the centre of the old town-site as may be practicable, and shall be under the entire control and management of the school board of district number fifty-six

SEC. 6. This act shall take effect and be in force from To take effect.

and after its passage.

Approved, February 2, 1875.

AN ACT

To fund or discharge and pay off the indebtedness of the city of
Rulo, in Richardson county, contracted prior to the first day of
May, A. D. 1872, and remaining outstanding and unliquidated.

Be it enacted by the Legislature of the State of Nebraska:

notice to holders of city Rulo, Richard

SECTION 1. That the city council of the city of Rulo, Publication of in Richardson county, on the first Tuesday of April next, orders, etc., of shall cause notice to be given by publication, in each of the son county. newspapers published in said county, for four consecutive weeks, to all persons holding city orders, or other evidence of city indebtedness, issued or accruing prior to the first day of May, A. D. 1872, to present the same for funding or payment, at a time and place to be specified in said notice, not less than four months from the date of the last publication of said notice.

council.

SEC. 2. That the said city council of the city of Rulo Duties of city shall meet at the time and place specified in said notice, and shall receive and examine all city orders or other evidence of indebtedness which shall be presented, and determine whether said orders have been legally issued, or whether such evidence of city indebtedness are just and due from said city, and shall issue duplicate orders for all just indebtedness of said city, and shall cause to be endorsed upon the back of such duplicate orders the date from which the same shall draw interest, which endorsement

Same.

When orders barred.

Record of orders so funded.

To take effect.

shall be signed by the mayor of said city. Such duplicate shall be dated the day the same is issued.

SEC. 3. The said city council shall have full power to do and perform all and everything that may be necessary in the premises to ascertain the just and proper demands against said city, and in the investigation thereof shall have power to adjourn from time to time until such investigation shall have been fully complete.

SEC. 4. That all orders or other evidence of city indebtedness issued or accruing prior to the first day of May, A. D. 1872, which shall not be presented at the time and place specified in said notice, shall be forever barred and be null and void.

SEC. 5. The city clerk shall, in a book provided for that purpose, record a statement of all orders or other evidence of indebtedness so received, giving the number, date, to whom issued, and the amount of principal and interest on the same, and shall retain all orders so funded, and file the same in his office; also a statement of the warrants issued therefor, giving their number, date, amount, to whom issued, and the time from which interest shall be drawn on the same.

SEC. 6. This act shall take effect and be in force from and after its passage.

Approved, February 4, 1875.

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