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CHAP. LXIII.-An Act to authorize the Board of County Commissioners of Lander county to issue bonds to purchase the franchise and water works that supply the town of Austin with water.

[Approved March 2, 1893.]

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

Water bonds

of Austin.

SECTION 1. The Board of County Commissioners of Lander county, Nevada, are hereby authorized to prepare and issue to be issued bonds in the name of the town of Austin, not to exceed in for the town amount twenty thousand ($20,000) dollars, for the purpose of purchasing the franchise and water works that supply said town with water.

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SEC. 2. The Board of County Commissioners shall cause said bonds to be prepared in proper form; they shall be signed by the Chairman of said Board and countersigned by the Clerk, who shall attach thereto the seal of said county herein; they shall be payable to bearer at the office of the County Treasurer of said county at said town of Austin not more than ten (10) years from the date of their issue; said bonds shall bear interest at a rate not to exceed six per cent. per annum, interest payable semi-annually on the thirtieth day of June and December in each year; they shall have proper interest coupons attached thereto, which shall be signed by the Chairman of said Board.

SEC. 3. The said Board of Commissioners are hereby sale of authorized and directed to negotiate the sale of said bonds. bonds. The proceeds of such sale shall be placed in the County Treasury of said county to the credit of the Water Fund, which fund is hereby created for the purposes mentioned in this Act.

SEC. 4. The bonds shall be of the denomination of not less than the sum of one hundred dollars, and not more than the sum of one thousand dollars, and shall be redeemed as hereinafter provided. The first coupon upon each of said bonds shall represent the fractional part of one year's interest from the date of the issue to the thirtieth day of June or December next ensuing.

vided for.

SEC. 5. For the purpose of creating a fund for the payment Payment of of the bonds hereby authorized, the said Board of County bonds proCommissioners are hereby authorized to levy a tax upon the taxable property situated within the limits of the said town of Austin, annually, not to exceed fifty cents upon each one hundred dollars assessed value of said property, sufficient to pay all of such bonds and the interest thereon as the same shall become due, and such tax shall be kept by the County Treasurer for said purpose and placed in said fund to be used for the payment of said bonds and the interest thereon when the same become due, and shall not be diverted for any other purpose whatever, and all moneys derived from the sale of water from said water works after paying the expenses of

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bonds provided for.

Payment of keeping the same in repair and other necessary expenses of selling the water and collecting the money from the sales thereof and other incidental expenses, shall be paid into said Water Fund, to be used for the payment of said bonds and the interest thereon as aforesaid, or for the redemption of such bonds before they fall due, or the purchase thereof when money sufficient for that purpose has accumulated in said fund from the parties who offer to surrender said bonds, or any portion thereof, at the lowest rate after due notice of at least four weeks that bids will be received by said Board for the purchase of said bonds.

Certain counties

may change water courses.

SEC. 6. The Treasurer of said county is hereby authorized and directed to pay all interest coupons, as the same shall fall due, upon the presentation and surrender by the holder of the coupons therefor, and to redeem said bonds after three years after the date of their issue, to the amount of fifteen hundred ($1,500) dollars each year, until the full amount of said bonds have been fully paid and redeemed.

CHAP. LXIV.-An Act to authorize the Boards of County Commissioners of certain counties in the State of Nevada to cut and .change the channels and courses of rivers and waterways in said counties for the purpose of preventing damage to and destruction of taxable property in said counties by the overflow of water from such rivers and waterways, and other matters pertaining thereto.

[Approved March 2, 1893.]

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

SECTION 1. In all counties of this State containing a voting population of not less than three hundred and seventy-five nor more than four hundred and twenty-five, to be determined by the total vote cast for Presidential Electors at the last general election held in the State of Nevada, the several Boards of County Commissioners are hereby authorized, empowered and directed to build dams in and to cut and change the channel and course of any river or waterway within their respective counties whenever the same shall be necessary in order to prevent damage to or destruction of taxable property therein, and for that purpose said Boards of County Commissioners shall have the right to enter upon, take and use private lands, and whenever such land cannot be obtained by the consent of the owner or owners thereof, so much of the same as may be necessary for the construction and cutting of such dam or dams, channel or channels, may be appropriated therefor in the same manner as is provided for the appropriation of the lands of others in an Act to amend an Act entitled "An Act to allow any person or persons to divert the waters of any river or

stream and run the same through any ditch or flume, and to provide for the right of way through the lands of others," approved March third, eighteen hundred and sixty-six; approved March six, eighteen hundred and sixty-nine.

SEC. 2. The Boards of County Commissioners of the several counties to which this Act is applicable are hereby restricted to the expenditure of the sum of one thousand dollars for the purpose of carrying out the provisions of this Act.

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CHAP. LXV.-An Act to amend an Act entitled "An Act to encourage the construction of a railroad in the State of Nevada from the eastern boundary of said State to the western boundary thereof," approved March 19, 1891.

[Approved March 2, 1893.]

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

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

vided for

Line Rail

Section one. Whenever, after the passage of this Act, the Bonds proUtah and Nevada Air Line Railway Company, a corporation Utah and organized and now existing under and by virtue of the laws of Nevada Air the State of Nevada, its successors or assigns, shall have con- road. structed a first-class railroad, of standard gauge, through the counties of White Pine, Eureka, Lander, Churchill and Washoe, said Utah and Nevada Air Line Railway Company, its successors or assigns, shall be entitled to receive the bonds of said counties, at the time and in the manner hereinafter provided, to the amount of three thousand dollars per mile for each and every mile of main track of said railroad completed in said county; provided, that said railroad shall be completed and in full operation within seven years from the date of the approval of this Act, and no bonds shall be issued under its provisions after that time.

SEC. 2. Section 2 of said Act is hereby amended so as to read as follows:

Section two. Immediately upon the receipt by the Board of when and County Commissioners of either of said counties of a sworn how issued. certificate of the County Surveyor of such county, or of such a certificate of the Surveyor General of the State of Nevada, setting forth that twenty miles of such railroad, as herein mentioned, have been built and completed by said Utah and Nevada Air Line Railway Company, its successors or assigns, and in proper condition to receive the rolling stock, and that [that] section of twenty miles is a part of a continuous line of railway then in course of construction, as herein before specified, it shall be the duty of said Board of County Commissioners of such county, and they are hereby directed, immediately to take such action as may be necessary to prepare

may be

18sued.

When bonds and issue and to deliver sixty thousand dollars of the bonds of said county provided for in this Act to said Utah and Nevada Air Line Railway Company, its successor or assigns, and thereafter as soon as each successive twenty miles of railroad shall have been completed and ready to receive the rolling stock in such county, and the same shall be shown by the certificate aforesaid, the said Board shall issue and deliver to said Utah and Nevada Air Line Railway Company, its successors or assigns, the bonds of said county at the rate of sixty thousand dollars in bonds of (for) each section of twenty miles thus completed in said county, and in case the last section necessary to complete the whole length of the road in said county shall not amount to twenty miles, then for such fractional section of twenty miles. Such bonds shall be issued at the rate of three thousand dollars per mile; provided, that no bonds shall be issued under the provisions of this Act after the lapse of seven years from the date of its approval, and no portion of said railroad not then completed shall receive any bonds from said counties in aid of its construction.

Provision

of bonds.

SEC. 3. Section 4 of said Act is hereby amended so as to read as follows:

Section four. In each of the counties from which bonds for payment may be issued under and by virtue of this Act, there shall be annually applied from the revenue of such county to the payment of the interest and principal of said bonds which shall have been issued from said' county, a sum of money equal in amount to the sum which shall be collected by said county from said Utah and Nevada Air Line Railway Company, its successors or assigns, from the taxes levied upon the entire property of the said Utah and Nevada Air Line Railway Company, its successors or assigns, in said county, less the amount of taxes which may have been levied on and collected therefrom for State and school purposes, and the amount so applicable to the payment of the interest and the redemption of the principal of said bonds shall be placed in a separate fund, to be called the Railroad Interest and Sinking Fund," which shall be applied: First, to the payment of the interest, as herein directed, and second, to the redemption of the principal of said bonds, as provided in this Act, it being the true intent and meaning of this section of this Act that the interest and principal of all of the bonds issued under the provisions of this Act shall be paid out of the revenue derived from [by] the respective counties from the taxes upon the property of said Utah and Nevada Air Line Railway Company, its successors or assigns, less the amount realized by said counties from the taxes levied for State and school purposes.

SEC. 4. Section 5 of said Act is hereby amended so as to read as follows:

Section five. Said bonds shall be payable in twenty-five years from the date of their issue, and both principal and interest shall be paid only as provided in this Act and in the Act of which this Act is amendatory.

SEC. 5. Section 6 of said Act is hereby amended so as to read Bonds as follows:

Section six. The bonds to be issued under the provisions of this Act shall be delivered to said Utah and Nevada Air Line Railway Company, its successors or assigns, by the Board of County Commissioners of the respective counties named. They shall be signed by the Chairman and Clerk of the Board, and shall bear the seal of said Board. The interest bearing coupons belonging and attached to each bond shall bear the engraved or lithographed signature of the Clerk of said Board of Commissioners.

SEC. 6. Section 8 of said Act is hereby amended so as to read as follows:

Section eight. The faith of the State of Nevada is hereby forever solemnly pledged that this Act shall never be repealed nor so modified as in any way to impair the security of those who shall hold or purchase any of the bonds in this Act provided, nor during the construction of said railroad after it has been in good faith commenced.

SEC. 7. All Acts and parts of Acts in conflict with the provisions of this Act are hereby repealed.

delivered,

when.

CHAP. LXVI.-An Act to authorize the School Trustees of School District Number One in Ormsby county to issue bonds for school purposes.

[Approved March 2, 1893.]

The People of the State of Nevada, represented in Senate and

Assembly, do enact as follows:

vided for

son school

SECTION 1. The Board of School Trustees of School District Bonds proNumber One in the city of Carson, Ormsby county, Nevada, are the repair hereby authorized, under the provisions of this Act, to issue of the Carbonds bearing interest, not exceeding six per cent. per annum, house. for a sum not exceeding twelve thousand dollars in gold, silver or legal money of the United States, none of which bonds shall run for a period longer than twenty years from date.

SEC. 2. Said bonds shall be issued for sums not less than one hundred dollars each in gold, silver or legal money of the United States; shall be payable to bearer, and the interest thereon shall be payable semi-annually, and coupons for such installment of such interest shall be attached to each of said bonds.

SEC. 3. The principal of said bonds shall be payable as follows: One thousand dollars of said bonds so issued shall be made payable in two years from the date of issuance thereof; the remainder shall be made payable in annual payments thereafter, none of which shall run for a period longer than twenty years from the date of their issuance.

SEC. 4. The Board of School Trustees of Carson School District are hereby authorized to repair and remodel that certain

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