practicable, issue the negotiable coupon bonds of the district in such form as the board of school trustees shall direct. Said bonds shall be one hundred and twenty in number, numbered consecutively from one to one hundred and twenty, both inclusive, of the denomination of $1,000 each, bearing date of the day of issuance thereof, and redeemable as hereinafter provided. If it shall appear that a majority of all the votes cast is "Against the Bonds," no bonds shall be issued under this act. in newspaper SEC. 5. Said bonds shall bear interest from their date Interest until paid at the rate of not to exceed six per cent per annum, payable semiannually. Each installment of interest to the date of maturity of the principal shall be evidenced by appropriate coupons attached to each bond, and both the principal and interest shall be payable in gold coin of the United States of America at the office of the county treasurer of Lyon County, and said bonds shall not be sold for less than their par value and accrued interest, except as hereinafter provided. Before said sale is made, notice thereof must be Sale of bonds given by publication in a newspaper published in said dis- advertised trict for at least two weeks before said bonds are sold, inviting sealed bids to be made for said bonds, and said bonds shall be sold to the highest and best bidder therefor; the board of trustees, however, may reserve the right to reject any and all bids and may, if it deems it for the best interest of said district, sell the bonds at private sale at one time, or from time to time as funds are required for the purpose mentioned in this act, at not less than their par value and accrued interest; provided, that if said bonds are issued Proviso after the board of county commissioners shall have levied the state and county taxes for that year, said bonds may be sold at par value, less one year's interest thereon, at the rate specified therein, and thereupon the interest coupons upon said bonds for the first year of the term thereof shall be removed and canceled by the county treasurer. signed by officers and County SEC. 6. All bonds issued under the provisions of this act Bonds all shall be signed by the president of the board of trustees, school attested by the clerk thereof, sealed with the district seal, and countersigned by the county treasurer; and the interest treasurer coupons to be attached thereto shall be signed by the original or printed facsimile signatures of said president, clerk and treasurer. treasurer to SEC. 7. All such bonds shall, before being issued, be regis- County tered by the county treasurer in a book kept for that pur- keep register pose in his office, which registry shall show the high-school of bonds district, the amount and time of payment, and rate of interest, and all such bonds shall bear the certificate of the county treasurer to the effect that they are issued and registered under the provisions of this act. After such registry, the county treasurer shall cause said bonds to be delivered to "Yerington High-School Building the purchasers of the same, upon payment being made therefor. SEC. 8. All moneys derived from the sale of said bonds shall be paid to the county treasurer of said county, and the District No. 1 said treasurer is hereby required to receive and safely keep the same in a fund hereby created and known as "Yerington High-School District No. 1 Building Fund," and to pay out the same upon the warrants of said board of trustees, and for the purpose for which the same were received. Fund" High-School Bond and Interest Fund" SEC. 9. For the purpose of creating a fund for the pay"Yerington ment of said bonds and the interest thereon, the board of District No. 1 county commissioners of Lyon County is hereby authorized and required at the time of making the annual levy of taxes for state and county purposes following the issuance of said bonds, and annually thereafter, to levy a sufficient tax on all taxable property of said district to pay and retire six of said bonds each year, beginning with the second year after their issue, and to pay the interest on all of said bonds as and when the same shall become payable. The taxes so levied shall be assessed and collected as other taxes are assessed and collected, and shall be paid into the county treasury and set apart as a fund, which is hereby created, to be known as "Yerington High-School District No. 1 Bond Redemption and Interest Fund." Six bonds retired annually to escape taxation SEC. 10. On the first day of July of the second year following the issue of said bonds, and every year thereafter, six of said bonds, together with the accrued interest thereon, shall be paid, and the payment and redemption of said bonds shall be in the order of their issuance, the lowest-numbered bond to be first paid and redeemed, and so on until the whole amount of bonds issued under the provisions of this act shall be paid and redeemed. The coupons thereon shall be paid semiannually as provided in said bonds. If the tax for the interest on the bonds for the first year after their date of issue is not collected in time for use in paying the interest coupons maturing during that year, the county treasurer shall pay the interest accruing on said bonds in said year out of the general county fund, and return to said county fund the sum so advanced out of the first money in said school fund collected from said tax levy. The county treasurer shall cancel said bonds as paid and certify his action to said board of trustees. SEC. 11. No change in the boundary lines of said district Property not shall release the taxable real property thereof from assessment and levy of the taxes to pay the interest and principal of such bonds, and if there shall be any change in the boundary lines of such school district so as to leave out any portion of the taxable real property of the district which was subject to taxation in the district at the time of the issue of such bonds, the assessment and levy of taxes for the pay ment of the principal and interest of such bonds shall be made on such property as if it were still within the district, and if there shall be any change of the boundary lines of such school district so as to annex or include any taxable property, after the issue of such bonds, the property so included or annexed shall thereafter be subject to the assessment and levy of a tax for the payment of the principal and interest of such bonds. on property SEC. 12. All taxes levied and assessed as in this act pro- Taxes a lien vided shall constitute a lien on the property charged therewith from the date of the levy thereof by the county commissioners, until the same are paid, and thereafter, if allowed to become delinquent, shall be enforced in the same manner as is now provided by law for the collection of state and county taxes. No additional allowance, fee, or compensation whatever shall be paid to any officer for carrying out the provisions of this act. to erect work let SEC. 13. Said board of trustees is hereby authorized and Trustees directed to use the money derived from the sale of said buildings: bonds, or such portion thereof as it may deem necessary, by contract for the purchase of a site in the city of Yerington, Nevada, for said high-school building, for the erection thereon of a high-school building or buildings and a gymnasium, for furnishing and equipping the same, and installing a heating-plant therein; the said board shall determine the character of said buildings, plans, site, materials, furnishings, equipment, and heating-plant therefor, and shall advertise for bids for the construction of said buildings and the furnishings, equipment, and heating-plant therefor, either under one contract or under separate contracts, as it shall deem for the best interest of said district, and shall let such contract or contracts to the lowest responsible bidder or bidders as the case may be; and may reject any and all bids and readvertise until a bid or bids satisfactory to it are obtained; provided, that where the amount is less than $500 Exception the trustees may make the expenditure or enter into a contract or have the work done without advertising for bids. SEC. 14. If the holder of any of said bonds shall, for any Interest cause, fail to present the same for redemption at maturity, ceases, when all interest on such bond or bonds which have matured shall thereafter cease. district general SEC. 15. If there shall be any surplus in said "Yerington Surplus to High-School District No. 1 Building Fund," after the completion of said high-school building or buildings and a gymna- school fund sium, furnishings, equipment, and heating-plant, such surplus shall without delay be passed by the county treasurer to the credit of the general school fund of said district. SEC. 16. Said board of trustees is hereby authorized to Election pay out of said "Yerington High-School District No. 1 Build- expense ing Fund," or out of the general fund of said district, all said fund paid from expenses involved in or connected with the holding of an election or elections under this act, and the preparation and issuance of bonds hereunder, and the preparation of plans for said building or buildings. schools [Senate Bill No. 142-Senator Dressler] CHAP. 189-An Act authorizing and directing the state board of education to advertise for bids and to let contracts for furnishing to the public schools supplies, materials, or equipment, and matters properly relating thereto. [Approved March 21, 1923] The People of the State of Nevada, represented in Senate and SECTION 1. For the purpose of aiding the public schools Supplies for of this state in securing economically and conveniently school supplies, such as writing and drawing paper, pencils, pens, ink, blackboard erasers and crayons, and other materials required by law to be furnished free for the use of pupils: also, in securing equipment, such as school desks, blackboards, drinking fountains, playground and gymnasium State board apparatus, and other needed equipment, the state board of of education education is hereby authorized and directed to advertise for bids and to let contracts and to make the necessary arrangements with responsible dealers in the above-designated articles to furnish to the schools the said supplies and equipment. to let contracts Proposals for furnishing such supplies Opening of proposals SEC. 2. Not later than the first Monday of May of each year the secretary of the state board of education shall notify all persons, firms, or corporations handling or dealing in school supplies, materials, or equipment, who have placed their names and addresses on file with him, to be kept on file in his office, that the said board will meet and receive sealed proposals up to twelve o'clock noon on the first Monday of June for supplying materials, supplies, or equipment for the use of the public schools during the school year next following. Said sealed proposals shall be made in accordance with the regulations prescribed by the state board of education and shall be addressed to the secretary of said board, Carson City, Nevada, and shall be endorsed "Sealed proposals for supplying materials, supplies, or equipment for schools in Nevada. Said proposals shall include a statement of the price f.o.b. at such places and in such quantities as the state board of education may designate, and shall also name the period of time for which such prices shall hold. SEC. 3. On the day for the opening of the sealed proposals submitted in accordance with the provisions of this act, the state board of education shall meet as announced in the notices sent to said bidders, and shall open the bids filed as provided in this act, in the presence of a quorum of said board; and the said board shall, after due consideration, select the lowest and best bid or bids submitted in accordance with the provisions of this act; provided, however, that the Proviso state board of education may accept only such portions of said bids and reject such other portions as it may see fit; and may reject any and all proposals, if it be deemed by it to be to the best interest of the schools so to do, and call for new proposals to be acted on within thirty days of the rejection of the previous proposals. The bid or bids, or portion of bid or bids accepted and approved by the state board of education shall be certified to by the president and secretary of the board, and such certificate showing the complete list of materials, supplies, or equipment, together with a sample or adequate description, as the board may require, of each article covered by the bid or bids accepted, shall be filed in the office of the secretary of said board in Carson City. SEC. 4. All persons, firms, or corporations contracting Successful with the state board of education to furnish supplies, mate- bidders to rials, or equipment to the several schools as provided in this act shall be required to give such bond or guarantee as the state board of education may require. Whenever said persons, firms, or corporations shall have filed their bond or guarantee as herein provided, it shall be the duty of the secretary of the state board of education to cause such prices Price-lists of of materials, supplies, or equipment, as guaranteed by the all schools said persons, firms, or corporations, to be printed at the state printing office and distributed to all the schools throughout the state; and it shall be the duty of the school trustees or other authorities having charge of such schools to cause such prices to be constantly posted in a conspicuous place in each school in their charge. Said printed list of supplies shall be subject to inspection at any time by any citizen. give bonds supplies to may distributing SEC. 5. The state board of education, for the convenience State board of the schools in the state, may designate one or more per- designate sons, firms, or corporations located within the state as dis one or more tributing agent to serve under the terms of the contracts agencies made as herein provided; and if any such distributing agent, or any person, firm, or corporation having any contract as herein provided shall sell or bargain to sell any of the supplies, materials, or equipment at prices higher than or of qualities inferior to those contracted for with the state board of education, he shall be guilty of a misdemeanor, and upon conviction thereof shall be punished by a fine of not less than twenty dollars, nor more than one hundred dollars. No warrant in favor of any distributing agent, or person, firm, or corporation, having a contract as herein provided, in payment for supplies or equipment at prices higher than those contracted for shall be drawn by any county auditor; pro- Proviso vided, however, that nothing in this act shall be so construed |