SEC. 14. In counting actual experience for the purposes of this act, the state board of education shall determine what constitutes a school year; provided, that in no case shall leaves of absence amounting to school years, or half-school years, be counted as service.

SEC. 15. This act shall be binding upon all such teachers employed in the public schools of this state at the time of the approval of this act, as shall, on or before October 1, 1915, sign and deliver to the superintendent of public instruction and the deputy superintendent of schools of the supervision district in which said teachers are in service, a notification that said teachers agree to be bound by and to avail themselves of the benefits of this act.

SEC. 16. This act shall be binding upon all teachers elected or appointed to teach in the public schools of this state after the approval of this act, who, not being in the service of the public schools at the time of the approval of said act, were not competent to sign or deliver the notification specified in section fifteen.

SEC. 17. If any teacher retired under the provisions of this act shall be reemployed in the public schools of this state, such teacher's retirement salary shall cease; and if any teacher having qualified under section thirteen hereof returns to service in the public schools of the state and thereafter qualifies under the provisions of section twelve hereof, there shall be deducted from the retirement salary payable to such teacher under the provisions of section twelve hereof the amount of retirement salary theretofore actually received by such teacher under the provisions of section thirteen hereof, such amount to be so deducted in equal quarterly installments until the whole amount so received under said section thirteen shall have been deducted; provided, however, that the amount of such deduction to be made quarterly shall not exceed thirty-five dollars.

SEC. 18. No one shall be permitted to draw from the state, directly or indirectly, more than one retirement salary. Nothing in this act shall be so construed, however, as to prevent local communities or bodies of teachers from supplementing the retirement of salary received from the state.

EMERITUS POSITIONS AT UNIVERSITY

An Act to empower the board of regents of the University of Nevada to establish emeritus positions, establishing the conditions and qualifications of those who shall benefit thereunder.

Approved March 24, 1915, 314

SECTION 1. The board of regents of the University of Nevada are hereby empowered to establish emeritus positions. When it shall be found that an employee of the university, who has served the university for at least fifteen years continuously, has, because of physical or mental disability, become unfit for further service, or such employee has left a widow with insufficient support, the board of regents may, upon recommendation of the president of the university and the approval of the governor of the state, place such individual or his widow upon the pay-roll of the university at a salary which shall not be more than onehalf of the average salary received by the employee for the period of

five years previous to the date of retirement. The regents of the university shall include in the estimates for maintenance a sum necessary · to meet this expenditure.

LAND-GRANT MONEYS TRANSFERRED TO UNIVERSITY FUNDS An Act authorizing the State of Nevada to transfer to the different funds of the University of Nevada certain bonds and moneys, and authorizing the board of regents of the University of Nevada to ascertain the amount of bonds and moneys so to be transferred.

Approved March 24, 1915, 327

WHEREAS, The United States of America donated to the State of Nevada certain public lands of the United States within the State of Nevada, known as the "90,000-Acre Grant," and "72-Section Grant," upon the condition that all moneys derived from the sale of said lands by the State of Nevada should be invested by the said State of Nevada in stocks of the United States or of the states, or some other safe stocks, in such a manner that such funds so invested would yield not less than five per centum per annum upon the amount so invested, and that the principal thereof should forever remain unimpaired; and

WHEREAS, The moneys so derived by the State of Nevada from the sale of said lands have not been so invested by said State of Nevada in stocks or bonds producing an income of five per centum, but have been invested in bonds producing an income of less than five per centum; and

WHEREAS, Said State of Nevada accepted said grants of public lands so made to it by the United States, and agreed to the said condition imposed upon the State of Nevada by the terms of said grants; and WHEREAS, It is the desire of the State of Nevada that the contract so entered into between it and the United States be performed:

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

SECTION 1. The board of regents of the University of Nevada is hereby directed, authorized, and empowered to examine and make an abstract of all records of the State of Nevada appertaining or in any wise relating to the sale of public lands of the United States donated to the State of Nevada under an act of Congress approved July 2, 1862, and under an act of Congress approved July 4, 1866, said lands being commonly known as the "90,000-Acre Grant," and the "72-Section Grant," and to ascertain and determine the amount of money received by the State of Nevada from the sale of said public lands, the disposition of the same by investment or otherwise, and the amount of interest or revenue received by the State of Nevada from the moneys so invested by it and to further ascertain and determine the difference, if any, between five per centum per annum on said principal sums so ascertained and the amount of interest received by the University of Nevada from the investments so made by the State of Nevada.

SEC. 2. The state controller, state treasurer, surveyor-general, and all other officers of the State of Nevada, are hereby directed, authorized. and empowered to give to the board of regents of the University of Nevada, or their duly authorized agent, free and unlimited access to all

the records, books, papers, and files of their respective offices, for the purpose of making said examination and abstract, and are further directed, authorized, and empowered to assist said board of regents in making said examination and abstract.

SEC. 3. When the principal sum derived by the State of Nevada from the sale of said public lands belonging to said "90-000-Acre Grant" and the said "72-Section Grant" shall have been ascertained by the board of regents as hereinbefore provided for, the State of Nevada is hereby directed, authorized, and empowered, by and through its proper officers or boards established or created by law, to transfer and deliver to the "University Fund, 90-000-Acre Grant," and the "University Fund, 72-Section Grant," bonds or other securities in the respective amounts of the principal sums derived from the sale of lands from said respective grants; said bonds or other securities so transferred to be such bonds or securities as produce a net income of five per centum per annum. Said bonds so to be transferred may be transferred from the state school fund.

SEC. 4. Every officer of the State of Nevada, and every board created by any law of the State of Nevada, are hereby directed, authorized, and empowered to do each and every thing necessary or appropriate to carry into effect the intent and purpose of this act.

HIGH-SCHOOL DORMITORIES IN ELKO COUNTY

An Act authorizing the board of county commissioners of the county of Elko to issue bonds to provide for the construction, equipment, and furnishing of high-school dormitories in the towns of Elko and Wells, Elko County, Nevada, and providing for the ratification thereof, by special or general election, before the issuance of any bonds, and authorizing the county board of education of said county to construct, equip, and furnish said building.

Approved March 24, 1915, 344

SECTION 1. The board of county commissioners of Elko County is hereby authorized, empowered, and directed to prepare and issue bonds of said county, said bonds to be issued on or before the first day of January, 1917, for an amount not to exceed the sum of fifty-five thousand dollars, exclusive of interest, for the purpose of providing funds for the construction and equipment of high-school dormitories in the towns of Elko and Wells, in Elko County, upon a site to be chosen by the county board of education.

SEC. 2. Before issuing said bonds or incurring any indebtedness or commencing the construction of said dormitories, or either of them, the question of the issuance of said bonds shall be submitted to a vote of the electors of Elko County, either at the next general election or at a special election to be held as hereinafter provided.

SEC. 3. Upon petition of 40 per cent of the qualified electors of Elko County (using the highest vote cast at the last general election for justice of the supreme court) filed with the board of county commissioners of Elko County requesting the calling of a special election for the purpose of voting upon the issuance of said bonds, it shall be the duty of

the board of county commissioners to call such special election and submit to the electors of Elko County the question of the issuance of said bonds. Said special election and the call therefor shall be held not sooner than 40 nor later than 60 days after the filing of such petition, and there shall be printed upon the ballots at such special election the following:

For the erection of high-school dormitory at Elko.

For the erection of high-school dormitory at Wells.

Yes...

No......

Yes.......

No... If no special election be held, such question shall be submitted to the electors of Elko County at the next general election, and shall in like manner and form be printed upon the general election ballot. If a majority of the electors voting thereon at a special or general election vote yes, said board of county commissioners shall forthwith cause said bonds to be prepared and made ready for issuance. Said bonds shall be signed by the chairman of the board, countersigned by the county treasurer, and authenticated by the seal of the county; coupons for interest shall be attached to each bond so that the same may be removed without injury to the bond, and each of such coupons shall be consecutively numbered and signed by the chairman of the board and the county treasurer.

SEC. 4. The clerk of the board of county commissioners shall keep a record of all proceedings under the provisions of this act, showing the number and date of each bond, and to whom issued.

SEC. 5. The board of county commissioners of Elko County is hereby authorized to negotiate the sale of said bonds, or such number thereof as they may deem necessary, by advertising for sealed proposals, or by private sales, as they may deem for the best interests of the county, and may reject any and all bids; provided, that no bonds shall be sold for less than par value; and provided further, that all bonds shall be made for gold coin of the United States, and the interest thereon shall be payable in like gold coin.

SEC. 6. Said bonds shall be each for the sum of five hundred dollars. They shall be numbered consecutively and the interest on the same shall not exceed six per cent per annum, payable annually, on the first Monday in July of each year, at the office of the county treasurer of said Elko County, and in no case shall said bonds run for a longer period than twenty years.

SEC. 7. All moneys derived from the sale of said bonds shall be paid to the county treasurer of said county, and the said treasurer is hereby required to receive and safely keep the same in a fund hereby created and known as "The Elko County Dormitory Fund," and to pay out said. moneys only in a manner now provided by law for the payment of the "County High School Fund," and for the purposes for which the same were received.

SEC. 8. The county board of education of Elko County is hereby authorized and directed to use said moneys arising from the sale of said bonds, or such number thereof as they may deem necessary, for the construction, equipment, and furnishing of such dormitory or dormitories, and any balance remaining in said fund, after the completion, equipment, and furnishing of said building, shall be turned over and con

verted into the proper fund provided for running and maintaining said high school, in accordance with and pursuant to the provisions of law pertaining to the establishment, maintenance, and management of high schools in the various counties of this state.

SEC. 9. Said county board of education shall determine as to the character of said building, the materials to be used therefor, and the plans therefor, and when such determination is made said board shall advertise for bids for the construction of said county high-school building, and let the construction thereof by contract to the lowest and most responsible bidder. The laws in force governing contracts by boards of county commissioners are hereby made applicable to and the same shall govern the action of the county board of education in carrying out the provisions of this act. All demands and bills contracted by said county board of education shall be paid in the manner now provided by law for paying claims against the "County High School Fund"; provided, that no such bills shall be allowed until the plans for said high-school building have been approved by the state superintendent of public instruction.

SEC. 10. As soon as possible after the passage and approval of this act, or after this act shall become a law, the county board of education of Elko County shall proceed to select an appropriate site for said dormitory building in the towns of Elko and Wells in said county, and the county board of education of said county and the county commissioners of said county shall thereafter, with all expedient dispatch, proceed to the execution of the purposes of this act.

SEC. 11. The county treasurer of said Elko County shall be liable on his official bond for the safe keeping of the moneys which shall come into his hands under the provisions of this act, and for the faithful discharge of all his duties in relation thereto.

SEC. 12. For the purposes of creating a fund for the payment of the bonds authorized by this act, and the interest thereon, the board of county commissioners of said Elko County is hereby authorized and required to levy and collect annually a special tax on the assessment value of all property, both real and personal, subject to taxation, including proceeds of mines within the boundaries of said Elko County, until such bonds and the interest thereon shall have been fully paid, sufficient to pay the interest on said bonds and to pay and retire, beginning with bond number one, and consecutively thereafter, five of said bonds annually, beginning with the first Monday in July, 1917, until all of said bonds have been redeemed and retired. Such tax shall be levied and collected in the same manner and at the same time as other taxes are assessed and collected, and the proceeds thereof shall be kept by the county treasurer in a special fund to be known as the "Elko County Dormitory Fund."

SEC. 13. It shall be obligatory on the said county and on its proper officers to pay in full the accrued interest on said bonds, beginning on the first day of July after the issuance of said bonds, and thereafter on the first day of July of each and every year, until all of said bonds shall have been redeemed and retired.

SEC. 14. Whenever the bonds and interest provided for in this act shall have been fully paid, the tax authorized by the act shall cease, and all moneys remaining in said bond fund shall, by order of the board of