of warrants kept by him, write opposite each warrant redeemed under the provisions of this Act, the word "Purchased," and state the amount paid therefor. determined. are equal. SEC. 7. To determine what is the lowest bid, as between Lowest bid, any two or more obligations offered to be surrendered, under how the provisions of this Act, and at the same time to give a preference to obligations of said county longest remaining unpaid, the Board of Commissioners shall compute the principal and interest due upon any such obligation by its terms, and add to the amount of such principal and interest a further sum of one and one fourth per cent. on the principal of such obligation, for each period of three months after it would have been paid had funds existed for its payment when presented up to the day of opening such bid. The obligations upon which the largest discount is offered to be allowed, by this method of computation, shall be deemed the lowest bids, and shall be accepted as such and ordered to be paid. When the lowest bids are equal in When bids discount, and one or more owners shall offer more obligations than the Treasurer has funds to pay, their several obligations shall be paid pro rata, so far as the whole of any obligation or obligations can be redeemed; or in case none of such obligations are small enough to be redeemed by the Treasurer out of the money in the Redemption Fund, then such equal bidders may, in presence of the Commissioners, deliver other sealed. bids upon such obligations, and the lowest of such bids shall then be paid. SEC. 8. Out of said Redemption Fund, before any proposals What shall for surrender of obligations shall be advertised for or received, before there shall be paid in full, as preferred obligations, warrants proposals are first registered upon the General Fund, not exceeding the principal and interest, the amount of three thousand three hundred dollars; warrants first registered upon the Contingent Fund, not exceeding, in principal and interest, the amount of three hundred dollars; warrants first registered upon the Hospital Fund, not exceeding, in principal and interest, the amount of two hundred dollars; and the sum of seventeen hundred dollars shall, at the option of the holder or holders of the bonds of said county, be paid upon the interest of all such bonds, or in payment of any one bond, and the interest upon the balance of such bonds. be paid advertised. Current transferred Fund. SEC. 9. The Treasurer of Ormsby county shall transfer to Money in the General Fund of said county, created under the Act enti- Expense tled "An Act to provide revenue for the support of the Gov- Fund to be. ernment of the State of Nevada," passed March ninth, eighteen to General hundred and sixty-five, all money in the Current Expense Fund of said county, and all moneys hereafter collected from delinquent taxes levied for the benefit of said Current Expense Fund. And all claims now allowed against said Current Expense Fund shall be paid by warrants on the General Fund, mentioned in this section; and all moneys of said county hereafter collected, which were heretofore appropriated to the Current Expense Fund of said county, shall be paid into the General Fund mentioned in this section. SEC. 10. The provisions of this Act shall not be so construed as to conflict in any manner with the provisions of law What provisions Act not to for the payment of the salary of the District Judge of said county; nor with the Salary Fund of the Treasurer of said conflict with. county; nor with the right of the various School Districts of said county, to have certain moneys set apart for School purposes, in accordance with a decision of the Supreme Court, and an order of the Board of County Commissioners heretofore rendered and made. An Act entitled "An Act to regulate the finances of Ormsby county," passed February twentieth, eighteen hundred and sixty-four, so far as its provisions are in conflict with this Act, is hereby repealed, and all other Acts, and parts of Acts, but those herein excepted, so far as they are in conflict with this Act, are hereby repealed. Acts repealed. RESOLUTIONS AND MEMORIALS. ASSEMBLY RESOLUTIONS. No. I.-Assembly Concurrent Resolution. [Passed January 16, 1866.] from Resolved, by the Assembly, the Senate concurring, That our Relating to Senators be instructed, and our Representative requested, to use a daily mail their influence to procure the establishment of a daily mail Virginia City from Virginia City, in this State, to American City in Storey to American County. Resolved, That his excellency, the Governor, be requested to forward a copy of the foregoing resolution to each of our Representatives in Congress. City. No. II-Assembly Concurrent Resolution. [Passed January 16, 1866.] Resolved, by the Assembly, the Senate concurring, That here- Printed bills after, when bills are ordered printed by the Assembly or Sen- to be ate, members of both branches of the Legislature shall be members of served with a copy. furnished both houses. No. III.-Assembly Concurrent Resolution. [Passed January 19, 1866.] Resolved, by the Assembly, the Senate concurring, That Rob- Robert Lyon ert Lyon, County Assessor of Douglas county, is hereby granted granted leave of absence from this State, until the tenth day of June, absence. one thousand eight hundred and sixty-six. leave of |