Imagens das páginas
PDF
ePub

sinking fund.

pay interest.

for said purposes only, and shall not be appropriated or used in any other way except as is hereinafter provided.

SEC. 4. That the tax above mentioned, in section three of this Taxes levied to act, levied and collected to create a sinking fund for the final redemption of all bonds issued under this act, shall be invested annually, by the Treasurer of the State of Kansas, in the Bonds of the United States, and in Bonds of the State of Kansas, at their market value on the New York City Exchange, or, in case the same cannot be obtained at par or under par, then and in that event he is authorized to invest the money arising from the said tax, annually, in the Bonds of other States on which the interest is paid promptly and regularly, and which Bonds he shall procure at as low rates as the same can be purchased, which Bonds shall be held and retained by the Treasurer until the principal of the Bonds issued under this act shall become due, and shall then be disposed of at the highest market rates and the proceeds of the sale of such United States or other State Bonds, purchased as aforesaid, shall be appropriated to the redemption of the Bonds issued under this act.

Sec. 5. That, whenever the interest on the above mentioned Treasurer shall Bonds shall become due, the same shall be paid by the Treasurer of the State, upon presentation at such banking house, in the city of New York, as may be designated in the Bonds issued under this act, and the coupons for the interest then due shall be taken up by said Treasurer, canceled and filed in his office.

Sec. 6. The Treasurer of the State is bereby authorized, and Treasurer shall it is made his duty to obtain blank Bonds with suitable devices to prevent counterfeiting, and of such material as he may deem proper.

SEC. 7. That all money realized by the State of Kansas from Money obtained the sale of Bonds issued under this act, after paying all the teseitimate exnecessary expense of issuing the Bonds and the negotiation of them, be and the same is hereby appropriated to the exclusive purpose of defraying and paying any and every legitimate and lawful expense that has been incurred or may hereafter be incurred in administering and carrying on the State government, and shall be and remain a specific fund for these purposes only, and shall not be appropriated or used for any other purpose.

SEC. 8. The credit of the State is hereby pledged to the pay- Credit of the state ment of the interest and principal of the Bonds mentioned in this act as the same may become due.

Ses. 9. That as soon as the said persons, mentioned in section shall be paid into

prepare bonds,

shall be devoted

Shall give bond

If fail to negotiate, bonds returned.

first of this act, shall succeed in negotiating the said loan, they shall forthwith pay the same into the Treasury of the State.

Sec. 10. That, before entering upon the duties herein specified and confided to them, the said Austin M. Clark and James C. Stone shall execute their bonds to the State of Kansas, with good and sufficient securities, to be approved by the Governor of this State, in the sum of three hundred thousand dollars, conditioned that they will well and truly perform the trusts herein reposed and pay into the Treasury of the State of Kansas all sums of money they may receive on the sale of said Bonds,

Sec. 11. That, in case said Clark and Stone shall fail to negotiate the loan authorized by this act, upon the terms authorized by this act, that then and in that case they shall return said Bonds, or so many as remain undisposed of, to the Treasurer of State, who shall safely keep the same.

Sec. 12. It shall be the duty of the State Auditor to register, in a book provided for that purpose, the Bonds issued under this act, which said registry shall show the date, number, amount and to whom is made payable each of said Bonds.

SEC. 13. That this act shall take effect from and after its publication.

Approved May 1st, 1861.

I hereby certify that the above bill became a law by publication in the " * Topeka Record,” May 3d, 1861.

J. W. ROBINSON,

Sec'y of State.

Duty of state auditor.

When to take effoot.

CHAPTER VII.

AN ACT supplementary to "An Act to authorize the negotiation of One Hundred

and Fifty Thousand Dollars of the Bonds of the State of Kansas to defray the current expenses of the State," approved May 1st, 1861.

Treasuror shall prepare bonds.

Be it enacted by the Legislature of the State of Kansas :

SECTION 1. The Treasurer of State is hereby authorized and directed to prepare one hundred thousand dollars of the Bonds provided for in an act entitled “An Act to authorize the negotiation of one hundred and fifty thousand dollars of the Bonds of the State of Kansas, to defray the current expenses of the State, in sums of the denomination of one hundred dollars each.

Sec. 2. That the Governor, Auditor and Secretary of State of the Shelbomen the State of Kansas, or a majority of them, are hereby authorized and empowered to negotiate and sell the Bonds of the State, the issuance of which is provided for in the act authorizing the negotiation of one hundred and fifty thousand dollars of the Bonds of the State of Kansas, to defray the current expenses of the State, approved May 1st, 1861 ; Provided, however, That no Bonds shall be sold for less than seventy cents on the dollar, and shall not be sold that the proceeds arising from the sale thereof shall be paid cents. directly into the Treasury of the State.

Sec. 3. It shall be lawful for the Treasurer to receive, in pay- What Treasurer ment for said Bonds, the circulating notes or bills of any specie garment for paying banks of any State, and, also, such warrants as may be issued to the members and officers of the Senate and House of Representatives, Justices of the Supreme and Judges of the District Courts, Reporter of the Supreme Court, for services rendered or to be rendered when said services are performed, and, also, such other amounts as may be provided in the general appropriation bill for the current year; but this act shall not be so construed to permit payment to be made in the bills of any shall not receive banking institution now in existence in this State.

SEC. 4. That the Treasurer shall be and is hereby authorized, shall receive warupon presentation of the warrants mentioned in the third section issue bonds at of this act, to receive the same at par and issue the bonds mentioned in the first section of this act, at their current value; Provided, That this shall not be so construed as to authorize Shall not sell for said Treasurer to dispose of said bonds at a price less than cents. seventy cents on the dollar.

SEC. 5. That this act shall take effect and be in force from When and how to and after its publication, and the Secretary of State is directed to publish the same, immediately upon its approval by the Governor, in a daily paper published in Topeka, which shall constitute such publication.

Approved June 3d, 1861.

I hereby certify that the above became a law by publication in the “Topeka Record,” June 5th, 1861.

J. W. ROBINSON,

Sec'y of State.

notes from banks in this State.

current value.

[ocr errors]

CHAPTER VIII.

AN ACT defining the Boundaries of Manhattan City, State of Kansas.

What shall be known in law as

Be it enacted by the Legislature of the State of Kansas :

SECTION 1. That all that territory embraced within the followManbattan City. ing boundaries, to-wit :-Beginning in the centre of the Kansas

River, east of the southeast corner of Wyandott reserves numbers eleven and thirteen, in township ten, south range eight, east of the sixth principal meridian; thence west to said south east corner and on the south line of said Wyandott reserves, to the southwest corner of said Wyandott reserves; thence following the boundary lines of said Wyandott reserves, north and east, to the centre of the Big Blue river; thence along the centre of the Blue and Kansas rivers to the point of beginning; shall be known and called Manhattan City, and by that name shall be known in law.

Sec. 2. All acts and parts [of acts] inconsistent with this act are hereby repealed.

Sec. 3. This act to take effect and be in force from and after its passage.

Approved June 3d, 1861.

Inconsistent acts are repealed.

When to take effect.

CHAPTER LX.

AN ACT changing the Boundaries of the City of Quindaro.

Boundaries of
Quindaro.

Be it enacted by the Legislature of the State of Kansas :

SECTION 1. That the boundaries of the city of Quindaro are hereby changed to and established upon the following lines, towit:--Commencing at a point in the middle of the main channel of the Missouri river, opposite to where the western boundary of A street, in said city, strikes the said river ; thence south on the westerly side of A street to tenth street ; thence easterly on tenth street to the northwest corner of the “Addition to Quindaro ;"

thence south to Twelfth street; thence east to Y street; thence north to the main channel of the Missouri river, and thence westerly up the middle of the main channel of the said river to the point of beginning; and all lands outside of the boundaries herein described are excepted out of and shall form no part of the said city of Quindaro.

Sec. 2. All acts and parts of acts inconsistent with this act Inconsistent acts are hereby repealed.

Sec. 3. This act shall be in force from and after its passage. expect.
Approved May 25th, 1861.

When to tako

CHAPTER X.

AN ACT to establish the South Boundary line of Woodson County.

county.

Be it enacted by the Legislature of the State of Kansas :

SECTION 1. That the north boundary line of the Osage Indian South boundary reserye be and the same is hereby declared the south boundary line of Woodson county.

SEC. 2. That this act shall take effect and be in force from When to take and after its passage.

Approved June 3d, 1861.

effect.

CHAPTER XI.

AN ACT to provide for the permanent location of the State Capital.

Be it enacted by the Legislature of the State of Kansas :

SECTION 1. That there shall be an election for the permanent location of the State Capital on the Tuesday succeeding the first Monday in November, A. D. 1861, and, no place receiving a ma- No place receivi's jority of all the votes cast, an election for the permanent location of the State Capital shall be held at each succeeding general

An election-when

a majority.

« AnteriorContinuar »