be made at the office of said treasurer. bond or bonds the funds shall be applied; or, at the request of the party holding or owning said bonds, payment may SEC. 17. The tax and funds so collected shall be County treasurer, liability. deemed pledged and appropriated to the payment of the interest and principal of the registered bonds herein provided for, until fully satisfied, and the treasurer shall be liable on his official bond for the faithful disbursements of all moneys so collected and received by him. bonds. SEC. 18. When any registered bonds shall mature the Cancellation of same shall be paid off by the treasurer, at the place where the same shall be payable, out of any money in his hands or under his control for that purpose, and when so paid the same shall be endorsed by the treasurer on the face thereof, "Cancelled," together with the date of such payment; and thereupon be filed with the clerk, who shall enter satisfaction of such bonds upon the record of such school district. In case said bonds are payable out of the state, an allowance of one-fourth of one per cent shall be made to the treasurer for the expense attendant in making such payment, to be deducted from any money in his hands remaining after payment of such matured bonds. Fees of county treasurer. 1875, 118. SEC. 19. And be it further enacted, that the act acts repealed. entitled "An act to amend an act entitled 'An act to 1875, 185, establish a system of public instruction for the state of Nebraska," "approved February 25, 1875; and, also, those portions of the act entitled "An act to provide for the registration of precinct, or township, and school district bonds," in conflict with this act, and all other acts and parts of acts inconsistent with this act be and the same is hereby repealed: Provided, that nothing in this act Bonds heretoshall affect in any manner the validity of bonds heretofore issued. Approved, February 26, A.D. 1879. fore issued. When school district bonds ed. Section. 1. When school district bonds Section. 2. Recitals in new bonds. AN ACT To provide for the funding of outstanding school district bonds. Be it enacted by the Legislature of the State of Nebraska : SECTION 1. That any school district in the state of may be refund- Nebraska, which has heretofore voted and issued bonds to build or furnish a school house, or for any other purpose, and which bonds or any part thereof still remain unpaid, and remain and on [are] a legal liability against such district, and bearing interest at ten per centum per annum, is hereby authorized to issue coupon bonds at a rate of interest not exceeding seven per centum per annum, to be substituted in place of, and exchanged for such bonds heretofore issued, whenever such school district can effect such substitution and exchange, at a rate not to exceed dollar for dollar. Recitals in new bonds. How issued and paid. SEC. 2. The new bond so issued shall have recitea therein the object of its issue, the title of the act under which the issue was made, stating the issue to be in pur suance thereof, and shall also state the number, date and amount of the bond or bonds for which it is substituted, and such new bonds shall not be delivered until the surrender of the bond or bonds so designated. SEC. 3. The new bonds as issued shall not require a vote of the people to authorize such issue, and they shall be paid, and the levy be made and tax collected for their payment in accordance with laws now governing the said bonds heretofore issued. Approved, February 26, a.d. 1879. AN ACT To provide for the transfer of moneys received by the treasurer on judgments in favor of the state to the permanent school fund. Be it enacted by the Legislature of the State of Nebraska: permanent of certain SECTION 1. That all moneys now in the treasury of Transfer to the state arising from collections on judgments in favor school fund of the state, as well as all moneys which shall hereafter moneys. be collected on such judgments, shall be transferred and paid into the permanent school fund and become a part thereof. treasurer. SEC. 2. The state treasurer is hereby directed to Duties of state carry into effect the provisions of this act. Approved, February 26, A.D. 1879. To provide for the registration of county, precinct, city or school district bonds heretofore voted, but not issued. Be it enacted by the Legislature of the State of Nebraska: cers concern SECTION 1. It shall be the duty of the proper officer Duties of offiof any county, township, precinct, city or school district in which any bonds, issued for work of internal improve- issued. ing bonds voted but not Statement to .auditor. Registration by auditor. Certificate by auditor. Payment. ment, have been heretofore voted under the authority of any law of this state, before the issuance of such bonds, to make a written statement of all proceedings relative to the vote upon the issuance of such bonds, the notice of the election, manner and time of publication, questions of submission, results of a canvass of the vote on the proposition on account of which it is proposed to issue such bonds, together with a full statement of the assessed valuation and total bonded indebtedness of the county, as well as the assessed valuation and total bonded indebtness of the township, precinct, city or school district voting such bonds. Such statement shall be certified to under oath, by the proper board or city council, and be transmitted with the bonds proposed to be issued to the auditor of public accounts. SEC. 2. The auditor shall examine the statement and bonds so submitted to him, and if he be satisfied that such bonds have been voted in conformity to law, and are in all respects in due form, he shall record the statement and register the bonds in his office, and no such bonds shall be issued or be valid unless they shall be so registered and have endorsed thereon a certificate of said auditor and secretary of state, showing that such bonds are issued pursuant to law, the data filed in the office of said auditor being the basis of such certificate. SEC. 3. Upon the registration of such bonds aforesaid the auditor of public accounts shall certify the fact to the proper officers of such county, city, township or school [or school] district, whose duty it shall be to enter the same upon the records of the county, city or township, as the case may be, and taxes for the payment of such bonds and the interest thereof shall be levied in the manner provided by law. Approved, February 26, A.D. 1879. Section. 1. Proceedings of board of county commissioners and treasurer's notices of sale to be published in Ger Section. man, Swedish and Bohe- 2. Compensation. 3. Election when two or more AN ACT Authorizing board of county commissioners to publish certain proceedings and notices in German newspapers. Be it enacted by the Legislature of the State of Nebraska : county board notices of sale in foreign lan SECTION 1. That in counties in this state where a Proceedings of newspaper is published in the German, Swedish and Bo- and treasurer's hemian language, and the said newspapers has regular to be published daily, tri-weekly, weekly circulation of fifteen hundred guage, when. copies or more, and it shall be proven by the affidavit of the publisher or foreman thereof to the board of county commissioners in said county that the said paper has such a circulation, it shall be the duty of the county commissioners in said county to have published in said newspaper a report of all the proceedings of said board of county commissioners at each meeting; said report County clerk to to be prepared by the clerk of said county and delivered to the publisher of said paper, or left at the office of said paper within two days after each meeting of said board of county commissioners. All advertisements of lands offered for sale by the county treasurer of said county shall be delivered to the publisher of said German, Swedish and Bohemian papers, or left at the office of said paper for publication on the same day when the said advertisement shall be inserted in any paper or papers printed in the English language and published in said county. prepare report. |