any property owner now has by law to pay his paving assessments and be discharged from said lien independently of any other property owner or street improvement district of the lien of any paying assessments or bonds on such property owner or district. Issuance-Regulations. Section 3. Such renewal bonds shall be authorized by resolution or ordinance, shall be signed by the mayor and attested by the clerk or, in cities, not having such officials, by officers performing the duties of such officials, shall be authenticated by the corporate seal or such city, shall be registered by the city clerk or other similar officer of such city in a book to be provided for that purpose and certificates of such registration shall be endorsed by such clerical officer on each of said bonds. Said renewal bonds must recite on their face that they are issued in pursuance to this act setting forth the date and the maturity of the bonds extended or renewed, the name or number of the improvement district, or having no name or number, then the street or streets for the improvement of which said bonds were issued. Two or more installments or maturities of the same issue of improvement bonds may be extended or renewed in one resolution or ordinance, but a separate issue or series must be authorized for each installment or maturity renewed so that the installment of assessments levied for the payment of that particular maturity or installment of bonds will be kept separate and applied by the city treasurer upon the payment of the proper installment of bonds and any renewals thereof. All payments on any issue of renewal bonds shall be applied by the city treasurer first to the payment of interest accrued thereon and the balance applied pro rata upon the principal of said renewal bonds which must be optional from their date. Old Bonds Held as Basis of Payments. Section 4. Prior to the delivery of any renewal bonds, the past due bonds renewed thereby must have been filed with the city treasurer who shall compute and endorse thereon the total amount unpaid and owing on said past due bond including interest thereon up to the date of the renewal bond with a further endorsement substantially as follows: "Surrendered and cancelled this. and a like amount of renewal bonds issued in lieu hereof datedand authorized by resolution (or ordinance) passed. Said cancelled bonds shall not be destroyed, but kept in the files of the city treasurer until the renewal bonds issued in lieu thereof have been fully paid and shall be used by such treasurer as the basis for computing the amounts that shall be apportioned to and applied upon the payment from time to time of the renewal bonds issued in lieu thereof in the same manner as if no renewal bonds had been issued; the holder of such renewal bonds being entitled to receive the same proportion of any future collections or payments made by the city treasurer that he would have received had he continued to have held the past due bonds; such method of apportionment and application to be continued by the city treasurer until the holder of any renewal bonds is paid in full. It being expressly proIvided that the holders of such renewal bonds shall in all respects, except as provided in this act, be subrogated to the rights of the holder of the past due bonds so extended, and renewed and that such renewal. bonds shall in no event become a liability of the city issuing the same. Extension of Payment of Assessments. Section 5. The mayor and councilmen or other proper legislative body of any city, may, with the written consent of all the bond holders, property owners and mortgagees of any street improvement districis, extend the time of payment of any assessment or assessments and interest thereon, as provided for in section 630 of the Revised Laws of 1910, or any other provision of law for a period of not to exceed twenty years, and to issue bonds upon such terms and conditions as may be determined by said mayor and councilmen or other legislative bodies of any city, for a like period; such legislative body of such city to provide by ordinance for the time and manner of the payment of such assessments, interest and bonds and the making of such extensions. Disposition of Surplus Assessments Paid. Section 6. Any surplus remaining in the separate special fund of any street improvement district after all assessments have been collected and after payment of all bonds issued on account of such district and interest thereon, including renewal bonds, if any issued under the provisions of this act and interest thereon shall be returned to the then record owners respectively of the lots and tracts of land in such district in proportion to the amounts assessed against such lots and tracts of land respectively. The manner of accomplishing such distribution and return of such surplus shall be provided by resolution of the city council or other legislative body of such city, which shall be published once a week for four (4) successive weeks in a daily or weekly newspaper published and of general circulation in such city. Any person entitled to any portion of any such surplus shall be held to have waived all right to participate therein unless such person shall have made written demand upon the treasurer of the city within two years from the date of the last publication or such resolution, and any amount still remaining in such fund at the expiration of such period shall be transferred by the city treasurer from the separate special fund of such district to the general fund of such city. Approved April 2, 1915. CHAPTER 217. APPROPRIATIONS GENERAL DEFICIENCY. AN ACT making an appropriation to pay deficiencies for the support of the state government for the period ending June 30, 1915; and to pay miscellaneous claims as per vouchers on file with the State Auditor; and declaring an emergency. Be It Enacted By the People of the State of Oklahoma: Deficiency Appropriations. Section 1. The following sums of money are hereby appropriated out of any money in the State Treasury, not otherwise appropriated, or so much thereof as may be necessary, to pay the deficiencies for the support of the state government for the period ending June 30, 1915, for the payment of miscellaneous claims as per vouchers on file with the State Auditor: SHERIFFS' DEFICIENCIES ON ACCOUNT OF TRANSPORTING PRISONERS To R. G. Derrick for the arrest and conviction of John Estes for 50.00 -$71,500.00 2,500.00 Provided, that the sums herein appropriated for transporting prisoners from the respective counties to the State prisons, shall be paid out only upon itemized statements and vouchers regularly sworn to, showing that said services were performed, and that the expense therein incurred was necessary. The Auditor is authorized and directed to examine and carefully audit each respective voucher submitted for payment against said items; provided, further, that if any county has paid to any sheriff or other officer any bill for which the sums herein appropriated are made, the same shall be paid to the county A. W. Duff, per diem and expenses 39.30 34.20 108.25 17.45 64.25 35.00 18.58 44,26 18.71 29.68 24.33 19.15 56.62 Earl Hickman, for record of proceedings of Board of Educa tion, sitting as Text Book Commission 325.00 STATE ELECTION BOARD. W. J. Boldwin Printing Co., (Hugo) for printing ballots. 22.50 |