Слике страница
PDF
ePub
[blocks in formation]

LAWS OF THE STATE OF NEVADA.

2

LAWS OF THE STATE OF NEVADA,

PASSED AT THE

SIXTEENTH SESSION OF THE LEGISLATURE.

1893.

CHAPTER I.—An Act to amend section seven of an Act entitled "An Act to provide for the issuance of bonds by the county of Lyon, in order to provide for the payment of twenty-five thousand dollars of the bonds of said county heretofore issued and now outstanding," approved February 9, 1887.

[Approved January 26, 1893.]

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

SECTION 1. Section seven of said Act is hereby amended so as to read as follows:

Treasurer in

bonds.

Section seven. Whenever, on the first Monday of December, eighteen hundred and ninety-two, and any year thereafter after the payment of the interest then accrued on said bonds, there Duties of shall remain a surplus in said Redemption and Interest Fund relation to of five hundred dollars or upwards, the County Treasurer of said Lyon county shall proceed to advertise for not less than three weeks consecutively, in some newspaper published in Nevada, a notice inviting proposals for the surrender of the bonds provided for by, this Act. Such advertisements shall state the time and place for receiving such bids, the amount of money on hand applicable to the redemption of such bonds, and that no bid will be received at a rate exceeding the par value thereof. The County Treasurer, together with the County Commissioners, shall proceed to open and consider such proposals at the time and place specified in such advertisement, and shall accept such proposals, at a rate not exceeding the par value, as may redeem the greatest amount of bonds until the amount of money on hand is exhausted; provided, that in case more bonds are offered for redemption than can be paid for by

« ПретходнаНастави »