Imágenes de páginas
PDF
EPUB

sixteen thousand three hundred twenty-seven dollars to pay the deficiency for the fiscal year ending June 30, 1915, in the State Examiner's and Inspector's office and the Industrial Institute and College for Girls, at Chickasha, Oklahoma, for the period ending June 30, 1915; and to pay salaries and expenses of the Supreme Court Commission for the balance of the fiscal year ending June 30, 1915; and for the enforcement of the oil and gas conservation laws of the state, five thousand ($5,000.00) dollars.

STATE EXAMINER AND INSPECTOR.

For expenses of office

$ 850.00

INDUSTRIAL INSTITUTE AND COLLEGE FOR GIRLS. For support and maintenance

$1,227.00

For the enforcement of the oil and gas conservation laws of the State

$5,000.00

SUPREME COURT COMMISSION.

Salaries of nine commissioners__.

Salaries of six stenographers

Contingent fund, stationery, stamps, telephone and inci

dentals

Extra pay for district judges

Approved April 2, 1915.

$6,750.00

$1,800.00

200.00

-$ 500.00

CHAPTER 216.

BONDS OF CITIES-RENEWAL BONDS-EXCHANGES OF SAME.

(HOUSE BILL No. 234.)

AN ACT to authorize the mayor and councilmen or other legislative body of cities of the first class to issue renewal bonds to extend the time of payment of any past due street improvement bonds and interest thereon at a lower rate of interest to extend the time of paying paving assessments and to distribute the surplus remaining in any separate special fund of any street improvement after all bonds or renewals thereof have been fully paid.

Be It Enacted By the People Of The State Of Oklahoma:

Renewal City Bonds.

Section 1. The mayor and councilmen, or other proper legislative body of cities of the first class, are hereby authorized to issue renewal bonds bearing a rate of interest not to exceed six per cent per annum and to extend the time of payment for a period not to exceed ten years of any past due street improvement bonds and interest thereon heretofore issued or hereafter to be issued by any city of the first class under authortiy of an act entitled: “An act to provide for the improvement of streets and other pub

lic places within cities of the first class by grading, paving, macadamizing, curbing, guttering and draining the same and declaring an emergency," approved April 17, 1908, and amendments

thereof.

Terms of Exchange.

Section 2. Before any such renewal bonds shall be issued or delivered to the holder of any past due improvement bond or the interest thereon said holder must have first entered into a written agreement with such legislative body of such city containing the terms of surrender and cancellation of past due bonds and interest thereon and the acceptance in lieu thereof of said renewal bonds bearing not to exceed six per cent interest and containing such other terms and conditions as said legislative body of such city deem advisable or for the best interests of said city and the property owners interested; provided, that nothing in this Act shall be held to abrogate the right which 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 paving 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 of 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 maturiay or installment of bonds will be kept separate and applied by the city treasurer upon

[ocr errors]

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 dated

and 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 provided 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 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 districts, 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 of 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.

(SENATE BILL No. 401.)

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 PRISONS.

To R. G. Derrick for the arrest and conviction of John Estes for
horse stealing

For the arrest and conviction of Walter Elliott for horse stealing
$50.00 to be paid upon approval of the Governor.
For reimbursing counties for transporting prisoners to the state
prisons where same have been paid by the counties to
sheriffs; and for reimbursing counties for transpor ting
insane persons to the asylum, where same was paid by the
counties prior to June 18, 1910-

For transporting prisoners from respective counties to the state
prison, as per vouchers on file with the State Auditor----.

50.00

$ 7,500.00

$ 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 upon receipt by the State Auditor of satisfactory evidence of such fact.

[blocks in formation]
« AnteriorContinuar »