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CHAPTER IX.

BONDS.

ARTICLE I.

STATE BONDS.

SECTION I.

GENERAL ACTS RELATIVE TO ISSUANCE OF, ETC.

2151. Under the Act of 25th February, 1876, the Governor was authorized to issue bonds in denominations of $1,000.00, sufficient to pay the interest then due and falling due, upon Acts 1876, p. 11. the recognized bonds of the Macon and Brunswick Railroad, and upon those of the North and South Railroad. Said bonds to be used for no other purpose than the one indicated.

2152. By the Act of February 19th, 1877, the Governor was directed to issue bonds to the amount of $2,298,397.00, to be sold at par for the purpose of retiring certain bonds in Acts 1877, p. 11. said Act mentioned. The bonds were to be issued in denominations of $1,000.00, to bear six per cent. interest, and to run twelve years.

153. Registry of past due bonds. The Act of March 2d, 1875, required all parties holding bonds of the State which matured prior to 1872, to come forward and register

them with the Treasurer; on failure to register, the bonds were to be deemed paid. The Acts 1875, p. 12. Treasurer, by said Act, was prohibited from paying any of the bonds aforesaid until directed so to do by the Governor.

The Act was required to be published in New York and Atlanta.

154. The State's endorsement of the Alabama and Chattanooga Railroad bonds, authorized by the Act of March 20th, 1869, is declared void, because in violation of the Constitution. Acts 1875, p. 13.

8155. Certain bonds declared void. The bonds issued under an Act approved February 17th, 1854, entitled "An Act to authorize the Governor to issue bonds in lieu of the out- Acts 1876, p. 9. standing bonds of the Central Bank, and to provide for the issue of certain other bonds,” are hereby declared invalid, null and void.

See also section 675 of this Supplement for bonds declared void by the Constitution of 1877. For the amendment to the Constitution, ratified in May, 1877, see section 729 of this Supplement.

SECTION II.

SCHOOL FUND.

§155a. (1272.) All after "State" in the eleventh line of this section repealed.

Acts 1876, p. 31.

Is not the section as it now stands superseded by section 685 of this Supplement ?

ARTICLE II.

BONDS OF CORPORATIONS.

SECTION I.

COUNTY AND MUNICIPAL BONDS.

$156. Bonds--how issued by corporations and counties. No county or municipal corporation in this State shall have power or authority to make or issue any bonds, or any like obligation, except the same shall Acts 1874. p. 16. be made and issued in the manner herein following: Before any county

or municipal corporation shall make or issue any bonds, or other like obligation, notice shall be given for at least thirty days, by publication in some newspaper in general circulation in such county or city, of the object of issuing such bonds, and of the amount to be issued, and the terms and conditions of such bonds; and after such notice has been given, there shall be an election held in such county or city, at a time and place to be fixed by said county or city authorities, at which election the qualified voters in such county or city shall vote for or against the issuing of such bonds, and if the persons voting at such election in favor of issuing such bonds shall constitute two-thirds of the qualified voters in such county or city, then such bonds may be made and issued.

See 22668, 670, 671 and 674, for constitutional provisions.

All

$157. Does not apply to bonds issued to redeem others outstanding. The Acts 1874, p. 16. provisions of the preceding section shall not apply to bonds to be issued by such county or municipal corporation in redemption of any bonds which may have been issued by such county or city, prior to February 26th, 1874, but any such county or municipal corporation may issue new bonds in payment or redemption of any bonds heretofore issued. $158. Bonds issued contrary to these provisions, null and void. bonds, or other like obligations, hereafter made, or issued by any such county or municipal corporation, except according to the provisions of Acts 1874, p. 16. this Article, shall be absolutely null and void, and no such county or municipal corporation, shall have power or authority to pay the same, or to levy, or to collect any tax for the purpose of paying the same: Provided, that nothing herein shall be construed to apply to the cities of Atlanta and Savannah; and, provided further, that these provisions shall not be construed to prohibit the City Council of Augusta from issuing bonds for the completion of the Augusta Canal.

Acts 1874, p. 16.

$159. Certain bonds not affected. Nothing contained in the provisions of this Chapter shall be so construed as to apply to bonds or other like obligations authorized to be issued by any law passed at the session of the General Assemby, for 1874.

Acts 1876, p. 12.

Acts 1876, p. 12.

SECTION II.

RECORD OF CORPORATION BONDS.

$160. Record to be furnished Secretary of State. It shall be the duty of all public and private corporations in this State, who shall issue or endorse any bonds for circulation, to furnish to the Secretary of State a certified statement, showing the letter, date of issue, number of bonds, amount of issue, rate of interest, when and where payable, and the date of the law, if any, authorizing such issue; and it shall be the duty of the Secretary of State to have the same recorded in a book to be kept by him for that purpose.

$161. Corporations to furnish record of bonds already issued. All public and private corporations in this State, who have bonds now in circulation, issued or endorsed by them, shall furnish to the Secretary of State within ninety days from the 28th of February, 1876, certified statements required by the preceding section; and the same shall be recorded by said officer, as provided for in said section.

$162. Corporations failing to furnish statements. Public or private corporations neglecting or refusing to comply with the provisions of the

foregoing sections, shall be fined in a sum not exceeding $500.00 for each offense, one-half of said fine to go to the party giving information of such violation, and the other half to go to the public school fund of the county.

$163. Penalty for failure to furnish record. No bonds shall be placed in circulation until the provisions of section 160, with regard to such bonds, shall have been complied with, and any person placing such bonds in circulation without such compliance, shall be subject to a fine of $500.00, for every bond so put in circulation.

$164. Fees for recording the statement. The Secretary of State shall receive as compensation for the records provided for in sections 160 and 161, and for giving transcript of the same, twenty cents per hundred words; the fee for recording to be paid by the corporation issuing the bonds, and the fee for the transcripts to be paid by the party applying for the same.

CHAPTER X.

THE WESTERN AND ATLANTIC RAILROAD.

Acts 1876; p. 12.

Acts 1876, p. 12.

1606.

$165. State Treasurer to pay ten cents on change bills. The Treasurer of the State of Georgia is hereby directed to pay ten cents on the Acts 1877, p. 10. dollar for all change bills issued by the Western and Atlantic Railroad during the war, presented to him.

CHAPTER XI.

PUBLIC PRINTING.

ARTICLE I.

PUBLIC PRINTER.

$166. (1025.) Duties begin-when. The duties of Public Printer Acts 1877, p. 15. do not begin until the first day of the next session of the General Assembly after his election, except in cases of election to fill vacancies.

$167. (1028.) Laws and Journals-how printed. The laws and journals must be printed upon small pica type, on good paper, of uni- Acts 1877, p. 15. form size, and delivered to the Executive within ninety days from the adjournment of each session of the General Assembly.

$168. Assistance in compiling laws. It shall be the duty of the Public Printer to employ such assistance as may be necessary to prepare and compile the several Acts and Resolutions of the General Assembly, in the shortest possible time.

Acts 1877, p. 15.

§169. Duties. In compiling the laws it shall be the duty of the Pub- Acts 1877, p. 15. lic Printer to observe the following regulations:

1. To distinguish in their classifications the public laws from those that are local or private, and to arrange the former under their appropriate heads.

2. To prepare for publication, side and head-notes, for reference.

3. To add notes referring back to such previous legislation as may be modified or repealed, and notes giving the decisions of the Supreme

Acts 1877, p. 15.

Acts 1877, p. 15.

1

Court since the last publication of Acts, upon the subject matter of each
Act of a public nature.

4. To prepare and append a copious and correct index.

$170. Compensation of compiler. For the additional service of compiling and classifying the laws, as directed in the foregoing sections, the Public Printer shall be entitled to compensation amounting to three hundred dollars, in addition to that already provided for by law for the printing of the same.

171. Sections 1041, 1042, 1043, 1044 and 1045 of the Code, repealed. The duties therein set out shall be performed by the Public Printer.

§172. Legislative documents-how printed. The Public Printer shall print all reports and other legislative documents as may be ordered to be Acts 1877, p. 16. printed during his term of office, upon paper of uniform size and quality, in order more readily to facilitate the State Librarian in binding the same in appropriate volumes, as required of him to be done by law, and to this end it shall be the further duty of the Public Printer to deliver to the State Librarian copies of all such reports and legislative documents as may, from time to time, be published, as soon as practicable.

$173. Printing of the Agricultural Department. The printing of the Acts 1874, p. 25. Department of Agriculture of the State shall be paid for as now provided by law for the payment of other public printing of the State, but the amount expended shall be limited to one thousand dollars.

21047.

ARTICLE II.

DISTRIBUTION OF LAWS AND JOURNALS.

$174. Librarian to send laws to Ordinaries. It shall be the duty of the Librarian, under the supervision of the Governor, as soon as the laws and journals of each session are published, to forward by express, Acts 1874, P. 25. prepaid, to the nearest office of each Ordinary in the State, the number of the laws and journals each county may be entitled to under the law: Provided, when the Ordinary of any county shall be at any actual and necessary expense in getting the books from the express office, he shall give an order on the County Treasurer for said sum, and it shall be the duty of the County Treasurer to pay the same.

Acts 1875, p. 112.

$175. Notice to be given Ordinaries. It shall be the duty of the Librarian, as soon as he shall have expressed said laws and journals, to notify each Ordinary thereof by mail, and, also, to notify him of the office to which said laws and journals have been sent.

176. Certain reports to be filed with Librarian. It is the duty of the Governor, Comptroller-General, Treasurer, and all other officers who are now, or may hereafter be Acts 1876, p. 5. required to make reports to the General Assembly, to furnish the State Librarian with at 231. least ten copies each of said reports, and it is his duty to have the same bound and preserved in the Library for public use.

CHAPTER XII.

MILITARY ORGANIZATION.

§177. (1099.) A Squadron of Cavalry. A squadron of cavalry shall consist of not less than two or more than five troops, and shall be commanded by a major, elected by the commissioned officers of the troops, and the rank and file composing the squadron. He shall appoint his own staff, and determine his own uniform and that of his staff, with the approbation of the commander-in-chief.

$178. Volunteer companies not to drill on election days. No volunteer, or militia military company, shall have any parade, drill or muster, in this State on any election day, except such company shall be called out by the civil authorities of some county or city in this State.

CHAPTER XIII.

PUBLIC EDUCATION.

Acts 1877, p. 17.

Acts 1874, p. 112.

ARTICLE I.

UNIVERSITY OF GEORGIA.

§179. (1203.) No denomination excluded. No person, of any religious denomination, shall be excluded from equal advantages of education and the immunities of the University, on account of their (his) speculative sentiments in religion, or being of a different religious profession from the trustees or faculty.

The section is amended by striking out certain words.

Acts 1877. P. 17.

22484, 688.

ARTICLE II.

STATE COLLEGE OF AGRICULTURE AND THE MECHANIC ARTS.

180. The preamble to the Act of 27th of February, 1875, recognizes the fact that the proceeds of the Agricultural Land Scrip, donated to Georgia by the Congress of the United States, had been, by order of the Executive of the State, March 30th, 1872, turned over to Acts 1875, p. 11. the Trustees of the University, for the purpose of establishing the State College of Agriculture and the Mechanic Arts, at Athens; and an appropriation of $15,000.00 is made by the Act, to said College for the purpose of purchasing apparatus, models, and other equip

ments.

3181. At the same session of the Legislature the students of the College, together with those of such other departments of the University as the Trustees should direct, are re- Acts 1875, p. 108. quired to be organized into a body known as the "University Cadets." Officers are provided for, to be commissioned by the Governor, and the issue of arms and equipments authorized. Annual reports to the Governor are required.

ARTICLE III.

NORTH GEORGIA AGRICULTURAL COLLEGE.

Normal De

182. Appropriation of $3,000.00 made to it: Acts of 1875, page 11. partment provided for, Military Department reorganized, and other appropriations made,

etc:

Acts of 1877, page 117.

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