board of directors shall make a report to the secretary of the State Board of Irrigation of the condition of the work of construction, as to capacity, stability and permanency and whether or not the plan of irrigation formulated under the provisions of this act is being successfully carried out, and whether or not in the opinion of the Board, the funds available will complete the proposed works. Upon the receipt of such report by the secretary of the State Board of Irrigation, he shall make such suggestions and recommendations to such board of directors as he may deem advisable for the best interest of the district.

Bonds-Sale of-Notice.

Section 14. The board may sell such bonds from time to time in such quantities as may be necessary and most advantageous to raise the money for the construction of such canals and works, the acquisition of property and rights, and otherwise to fully carry out the object and purposes of this act. Before making any sale, the board shall at a meeting, by resolution, declare its intention to sell a specified amount of the bonds and the day and hour and place of such sale, and shall cause such resolution to be entered in the minutes and notice of the sale to be given by publication thereof at least twenty days in a daily newspapaper published and of general circulation in the state. The notice shall state that sealed proposals will be received by the board at their office, for the purchase of the bonds till the day and hour named in the resolution. At the time appointed, the board shall open the proposals and award the purchase of the bonds to the highest responsible bidder and may reject all bids; but said board shall, in no event, sell any of said bonds for less than ninety-five per cent of the face value thereof.

Same-How Paid.

Section 15. Such bonds, and the interest thereon shall be paid by revenue derived from an annual assessment upon the real property of the district and all the real prop

erty of the district shall be and remain liable to be assessed for such payments as herein provided, and all payments due or to become due to the United States under any contract between the district and the United States, accompanying which bonds of the district have not been deposited with the United States as in section ten of this act.

District Assessment.

Section 16. The assessor must between the first Monday in April and the first Monday in May in each year, assess all the real property in the district to the persons who own, claim, have the possession of or control thereof, at its full cash value, less value of all improvements thereon He shall also assess all leasehold estates in all lands belonging to the State of Oklahoma, which are leased to any person, association, or corporation to the person holding such lease, at the full cash value of such leasehold estate, less value of all improvements thereon. He must prepare an assessment book with appropriate headings, in which must be listed all such property within the district, in which must be specified in separate columns under the appropriate head:

First: The name of the person to whom the property is assessed. If the name is not known to assessor, the property must be assessed "to unknown owners;"

Second: Land by township, range, section or fractional section, and when such land is not a congressional division or sub-division, by metes and bounds or other description sufficient to identify it, giving an estimate of the number of acres, locality and improvements thereon;

Third: City and town lots, naming the city or town and the number and block according to the system of numbering in such city or town and the improvements thereon;

Fourth; The cash value of real estate other than city or town lots;

Fifth; The cash value of improvements on such real estate;

Sixth: The cash value of city and town lots;

Seventh: The cash value of improvements on real estate, assessed to persons other than the owners of such real estate;

Eighth The full value of all leasehold estates of persons leasing state lands.

Ninth. The cash value of improvements on state lands, held under leases;

Tenth: The full value of all property assessed;

Eleventh: The total value of all property after the equalization by the board of directors;

Twelfth Such other things as the board of directors may require from them;

Provided, however, the assessment of any property in the name of the wrong person shall in no way invalidate the assessment thereof.

Equalization.

Section 17. On or before the fifteenth day of May in each year, the assessor must complete his assessment book and deliver to the secretary of the board, who must immediately give notice thereof, and of the time the board of directors acting as a board of equalization will meet to equalize assessments, by publication in a newspaper published in each of the counties comprising the district. The time fixed for the meeting shall not be less than ten nor more than twenty days from the first publication of the notice; and in the meantime the assessment books must remain in the office of the secretary for the inspection of all persons interested.

Same-Duties of Board.

Section 18. Upon the day specified in the notice re

quired by the preceding section for the meeting of the board of directors which is hereby constituted a board of equalization for that purpose, it shall meet and continue in session from day to day, as long as may be necessary, not to exceed ten days exclusive of Sundays, to hear and determine such objections to the valuation and assessment as may come before them; and the board may change th valuation as may be just. The secretary of the board shall be present during its session and note the changes made in the valuation of property, and in the names of the persons whose property is assessed, and within ten days. after the close of the session he shall have the total values, as finally equalized by the board, extended into columns and added.

Tax for Payment of Bonds.

Section 19. The board shall then levy an assessment sufficient to raise the annual interest on the outstanding bonds, and all payments due or to become due the ensuing year, to the United States under any contract between the district and the United States, accompanying which bonds of the district have not been deposited with the United States as in section ten provided, which when collected. shall be called the "Bond and United States Contract Fund of... Irrigation District," and at the expiration of ten years after the issuing of the bonds the board must increase said assessment for the ensuing years in a percentage of the whole amount of bonds outstanding, as follows: For the eleventh year, five per cent; for the twelfth year, six per cent; for the thirteenth year, seven per cent; for the fourteenth year, eight per cent; for the fifteenth year, nine per cent; for the sixteenth year, ten per cent; for the seventeenth year, eleven per cent; for the eighteenth year, thirteen per cent; for the nineteenth year, fifteen per cent; and for the twentieth year, a percentage sufficient to pay off said bonds. If the board deem it necessary, it may at the same time levy an assessment for the care and maintenance of irrigation works, already constructed and for

the payment of salaries of officers and general expenses which assessment shall be called the "General Fund of........ Irrigation District." The secretary of the board must compute and enter in separate columns of the assessment books the respective sums of dollars and cents in each fund to be paid on the property therein enumerated and the said secretary shall certify to the county clerk of the county in which the said land is located the amount of taxes in each fund levied upon each tract of land by said board, and said county clerk shall enter the amount of each fund in separate columns of the tax list of his county; and all tax lists when delivered to the county treasurer and township treasurers shall contain all taxes in each fund levied on each tract of land by the board of such irrigation district, and said taxes shall be collected by the county and township treasurers at the same time, and in the same manner as all other taxes are collected in this state; provided, however, that such county or township treasurer shall receive in payment of the general fund tax above mentioned for the year in which said tax is levied, warrants drawn against said general fund, the same as so much lawful money of the United States, if such warrants do not exceed the amount of general fund tax which the person tendering the same owes; provided, further, such county or township treasurer shall receive in payment of the district bond fund tax above mentioned, for the year in which said taxes were levied, interest coupons past due issued by said irrigation district the same as so much lawful money of the United States, if such interest coupons do not exceed the amount of the district bond fund which the person tendering the same owes. The county and township treasurer shall be entitled to a collection fee of one per cent on all moneys collected, to be deducted from the bond interest fund of the district. All such taxes collected by township treasurers shall be paid to the county treasurer in the same manner and at the same time the county taxes are paid, and the county treasurer shall not be entitled to