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($10,000) dollars. Said bonds shall be twenty in number, numbered consecutively from 1 to 20, both inclusive, of the denomination of five hundred dollars ($500) each. They shall bear interest from their date until paid at the rate of six per cent per annum, payable semiannually on the first Interest, 6% days of January and July, respectively, in each year, and each semiannual installment of interest on each bond shall be evidenced by an appropriate coupon, so attached to said bond that it may be removed without injury to the said bond. Each of said bonds and coupons shall be signed by the chairman of the board of county commissioners and countersigned by the county treasurer, and each bond shall be authenticated by having the seal of the county impressed thereon. Both the interest and the principal on said bonds shall be payable, at a place to be designated in said bonds. in gold coin of the United States of America of or equal to the present standard of weight and fineness.

SEC. 2. Each of said bonds and each of the interest coupons to be attached thereto shall be substantially in the following forms respectively, to wit:

(Form of Bond)

UNITED STATES OF AMERICA

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STATE OF NEVADA, COUNTY OF WHITE PINE

COUNTY HIGH-SCHOOL INDEBTEDNESS BOND

The County of White Pine, in the State of Nevada, acknowledges itself to owe, and for value received hereby promises to pay to the bearer hereof the principal sum of five hundred dollars, on the ........ day of

19......,

with interest thereon from the date hereof until paid, at
the rate of six per centum per annum, such interest payable
semiannually, on the first day of January and July, respec-
tively, in each year, as evidenced by and upon presentation
and surrender of the interest coupons hereto attached as
they severally become due; and both the interest and prin-
cipal of this bond are hereby made payable in gold coin of
the United States of America, of or equal to the present
standard of weight and fineness, at
in the
city of
State of

U. S. A.,

and for the prompt payment of this bond, with interest thereon as aforesaid, when due, the full faith, credit, and resources, and all the taxable property of said county are hereby irrevocably pledged.

This bond is one of a series of twenty bonds of like tenor and amount issued by said county under and in compliance with the constitution of the State of Nevada and of an act of the legislature of said state passed at its thirty-first session, entitled "An act to provide for the issuance and payment of bonds for the purpose of providing funds for liquidating, canceling and retiring the floating indebtedness of the White Pine County high-school district; and other

Form of bond

Form of coupon

Legality of bonds

not to be contested

matters connected therewith," approved March 8, 1923, and all other laws and authority thereunto enabling.

And it is hereby certified and warranted that said county is duly organized and existing under and by virtue of the constitution and laws of the State of Nevada, and that the board of county commissioners thereof is the duly constituted corporate authority of said county; that said county is duly authorized to issue this bond, and every other bond of this series, and that all conditions precedent to render the same valid and binding obligations of said county have been duly and strictly complied with and performed; that the total indebtedness of said county, including this bond and the other bonds of this series, does not exceed any constitutional or statutory limitation, and that due provision has been made for the levy and collection of a direct annual ad valorem tax on all the taxable property of said county, in addition to all other taxes, sufficient to pay the interest accruing hereon, as the same falls due, and also to discharge the principal hereof at maturity.

In Witness Whereof, The said board of county commissioners has caused this bond to be sealed with its seal, and, together with the interest coupons hereto attached, to be signed by its chairman and countersigned by the county treasurer of said county.

As Chairman of Board of County Commissioners. Countersigned by:

[SEAL]

No.

On

County Treasurer.

(Form of Coupon)

19., the County of

White Pine, State of Nevada, for value received, will pay to the bearer hereof the sum of

dollars

in gold coin of the United States of America, of or equal to the present standard of weight and fineness, at

months interest then due on its county high

being

school indebtedness bond No......., dated...

19.....

As Chairman of Board of County Commissioners. Countersigned by:

County Treasurer.

SEC. 3. The said board of county commissioners and said county treasurer shall cause the said bonds and coupons to be prepared in substantially the respective forms above. set forth, and shall cause the same to be executed for and in behalf of said county in the manner aforesaid, and, when so executed and sold, their legality shall not be open to contest by said county, or by any person or corporation for it or in its behalf, for any reason whatsoever.

SEC. 4. The clerk of the board of county commissioners Record to be shall keep a detailed and accurate record of all proceedings under the provisions of this act, which record must show the number and date of each bond and to whom issued.

kept

bonds

SEC. 5. The board of county commissioners of White Sale of Pine County is hereby authorized to negotiate the sale of said bonds by advertising for sealed proposals, or by private sale or sales, as they may deem for the best interest of the county, and may reject any and all bids; provided, that the bonds and the interest thereon shall be made payable in gold coin of the United States; and provided further, that the said board shall sell the bonds to the highest and best bidder or bidders in the event that they elect not to sell the same at private sale or sales.

redeemed

SEC. 6. On the first day of January next after the issuance Two bonds of any of said bonds and annually thereafter until an aggre- annually gate of twenty of such bonds shall have been redeemed, two of said bonds, together with the interest thereon then due and payable, shall be paid and redeemed by said county treasurer.

High-School

Fund"

SEC. 7. All moneys derived from the sale of said bonds "County shall be paid to the county treasurer of said county, and the Indebtedness said treasurer is hereby required to receive and safely keep the same in a fund hereby created and designated as "County High School Indebtedness Fund," and to pay out said moneys in the manner now provided by law for the payment of money from the "County High-School Fund," and only for the purposes provided in this act.

board of

SEC. 8. The county board of education of White Pine County County is hereby authorized and directed to use the moneys education to derived from the sale of said bonds, or such portion thereof use money as they may deem necessary, for the purposes herein before stated, and any balance remaining in such fund after the payment of such indebtedness shall be transferred to the appropriate fund provided for the maintenance of said high school, in accordance with and pursuant to the provisions of law pertaining to the establishment, maintenance, and management of county high schools.

SEC. 9. All demands and bills contracted by said county Bills paid board of education in carrying out the provisions of this act shall be paid in the manner now provided by law for paying claims against the "County High-School Fund."

treasurer

SEC. 10. The county treasurer of said White Pine County County shall be liable on his official bond for the safe-keeping of liable the money which shall come into his hands under the provisions of this act, and for the faithful discharge of all his duties in relation thereto.

Indebtedness

Fund"

SEC. 11. For the purpose of creating a fund for the pay- "County ment of the bonds authorized by this act, and the interest High-School thereon, the board of county commissioners of said White Redemption Pine County is hereby authorized and directed to levy and collect annually a special tax on all property, both real and personal, subject to taxation within the boundaries of said White Pine County, until such bonds, and the interest thereon, shall have been fully paid, sufficient to pay the

when

interest on said bonds and to pay and retire the same as herein before provided, and the amount of money to be raised by such tax shall be included in the annual estimate or budget for said county for each year for which said tax is hereby required to be levied. Such tax shall be levied and collected in the same manner and at the same time as other taxes are levied and collected, and the proceeds thereof shall be kept by the county treasurer in a special fund, to be known as the "County High-School Indebtedness Redemption Fund."

SEC. 12. Whenever the bonds and interest provided for Tax ceases, in this act shall have been fully paid, the tax authorized by this act shall cease, and all moneys remaining in the said bond fund shall, by order of the board of county commissioners of said county, be transferred to the fund for paying the contingent expenses of said county high school.

County

treasurer to

bonds

SEC. 13. Whenever the county treasurer shall redeem any of the bonds issued under the provisions of this act, he shall cancel paid cancel the same by writing across the face thereof "Paid," together with the date of such payment, sign his name thereto, and turn the same over to the county auditor, taking his receipt therefor, which receipt shall be filed with the clerk of the board of county commissioners, and the auditor shall credit the treasurer on his books for the sum so paid.

Interest

SEC. 14. Should the holder of said bonds, or any of them, ceases, when for any cause whatever, fail to present said bonds to the said county treasurer for payment when they become due, all interest on said bonds shall thereafter immediately cease.

pledged

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SEC. 15. The faith of the State of Nevada is hereby pledged Faith of state that this act shall not be repealed, nor the taxation thereby imposed be omitted, until all the bonds and coupons issued under and by virtue thereof shall have been paid in full as in this act specified.

Salary of

[Assembly Bill No. 147—Elko County Delegation]

CHAP. 113-An Act to amend section 6 of an act entitled "An act fixing the compensation of the county officers of Elko County, Nevada, and repealing all acts and parts of acts in conflict herewith," approved March 23, 1917.

[Approved March 8, 1923]

The People of the State of Nevada, represented in Senate and
Assembly, do enact as follows:

SECTION 1. Section 6 of the above-entitled act is hereby amended to read as follows:

Section 6. The assessor of Elko County, Nevada, shall receive a salary of fifty-four hundred dollars per annum and Elko County shall also be allowed to retain six per cent commissions on all poll-taxes collected by him. The above salary and commis

assessor

sions shall be in full compensation for all services and deputy services performed by the assessor's office.

SEC. 2. This act shall take effect on the first Monday of In effect January, 1927.

[Assembly Bill No. 152-Washoe County Delegation]

CHAP. 114-An Act authorizing and empowering the city of
Reno, county of Washoe, State of Nevada, to vacate and
dispose of a portion of an unused street of the city of
Reno.

[Approved March 8, 1923]

The People of the State of Nevada, represented in Senate and

Assembly, do enact as follows:

in 1927

SECTION 1. The city council of the city of Reno is hereby City council authorized and empowered to act as follows:

of Reno authorized to

described

To vacate, grant, bargain, sell and convey, or otherwise sell certain dispose of, the portion of an unused street in the city of land Reno, county of Washoe, State of Nevada, described as follows, to wit:

Starting at a point, said point being the intersection of the center lines of Lake and East Second streets in the city of Reno, Washoe County, Nevada; thence along the center line of said East Second street, said center line bearing N. 76° 05′ E., to a point 455.33 feet distant; thence N. 39° 36′ E. 78.85 feet to a point on the north line of East Second street, said point being point of beginning; thence N. 39° 36′ E. 122.15 feet to the west line of the Virginia and Truckee railway right of way; thence northerly along the west line of the Virginia and Truckee railway right of way 40 feet to north line of Front street; thence S. 39° 36′ W. along the north line of Front street 181.2 feet to the north line of East Second street; thence N. 76° 05′ E. 78.85 feet to the point of beginning. Said described land being that portion of Front street lying between the north line of East Second street and the west line of the Virginia and Truckee railway right of way.

[Assembly Bill No. 159-Mr. Henderson]

CHAP. 115-An Act to regulate the fees of the county clerk of Clark County, State of Nevada, and to repeal all other acts and parts of acts in conflict therewith.

[Approved March 8, 1923]

The People of the State of Nevada, represented in Senate and

Assembly, do enact as follows:

clerk of

SECTION 1. The county clerk of the county of Clark, Fees of State of Nevada, as county clerk and ex officio clerk of the Clark County district court of the Tenth judicial district of the State of

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