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were received, the word "canceled," and the date of cancellation.

bonds.

of

He shall also keep a record of bonds sold or exchanged Record of bonds. by him, by number, date of sale, amount, date of maturity, and name and post-office address of purchasers, and, if exchanged, what evidences of indebtedness were received therefor; which record shall be open at all times to inspection by the public. Whenever the holder of any bond Transfer shall sell and transfer it, the purchaser shall notify the treasurer of such purchase, giving at the same time the number of the bond transferred, and his post-office address, and every such transfer shall be noted on the record. The treasurer shall also report under oath to the board, at each regular session, a statement of all bonds sold or exchanged by him since preceding report, and the date of such sale or exchange, and when exchanged, a list or description of the county indebtedness exchanged therefor, and the amount of accrued interest received by him on such sale, or exchange, which latter sum shall be charged to him as moneys received on bond-fund, and so entered by him in his books.

Report to board,

supervisors.

SEC. 3. It shall be the duty of the board of supervis- Duty of board of ors to cause to be assessed and levied each year, upon the taxable property of the county, in addition to the levy Levy. authorized for other purposes, a sufficient sum to pay the interest on outstanding bonds accruing before the next annual levy, and such proportion of the principal, that at the end of three years, the sum raised from such levies shall equal at least twenty per cent. of the whole amount of bonds issued; at the end of five years at least forty per cent. of the amount; and at and before the date of maturity of the bonds, shall be equal to the whole amount of principal and interest; and the money arising from such levies shall be known as the bond-fund, and shall be used Bond-fund. for the payment of bonds and interest-coupons, and for no other purpose whatever; and the treasurer shall open and keep in his books, a separate and special account thereof, which shall at all times show the exact condition of said bond-fund.

SEC. 4. Whenever the amount in the hands of the Duty of treasurer. treasurer, belonging to the bond-fund, after setting aside.

the sum required to pay interest maturing before the next

levy, is sufficient to redeem one or more bonds, it shall be Payment of prinhis duty to notify the owner of such bond or bonds, that cipal. he is prepared to pay the same, with all interest accrued thereon, and if not presented for payment or redemption,

within thirty days after the date of such notice, the interest on such bonds shall cease, and the amount due thereon shall be set aside for its payment whenever presented. All redemptions shall be made in the exact order of their Bonds to be re issuance, beginning at the lowest or first number; and the notice herein required shall be directed to the post-office address of the owner as shown by the record kept in the treasurer's office.

deemed in nu

merical order.

Proceedings on to make levy.

SEC. 5. If the board of supervisors of any county which has issued bonds under the provisions of this act, failure of board shall fail to make the levy necessary to pay such bonds, or interest-coupons at maturity, and the same shall have been presented to the county treasurer, and the payment Owner to file with thereof refused, the owner may file the bond, together with Auditor of State. all unpaid coupons, with the Auditor of State, taking his receipt therefor, and the same shall be registered in the Auditor's office; and it shall then be the duty of the Census Board, at their next session as a board of equalization, and at each annual equalization thereafter, to add to the Census Board to State tax to be levied in said county, a sufficient rate to realize the amount of principal or interest past due, and to become due prior to the next levy, and the same shall be levied and collected as a part of the State tax, and paid Tax to be paid into the State treasury, and passed to the special credit of such county, as bond-tax, and shall be paid by warrant, as the payments mature, to the holder of such registered obligations as shown by the register in the office of the State Auditor, until the same shall be fully satisfied and discharged; any balance then remaining being passed to the general account and credit of said county.

make levy.

into State treas'y

Construction.

Taking effect.

SEC. 6. The provisions of this act are not intended and shall not be construed to embrace the indebtedness of any county, arising from bonds issued to aid in the construction of any railroad.

SEC. 7. This act shall be in force, and take effect, from and after its publication in the Daily Iowa State Register, and in the Des Moines Daily Bulletin, newspapers published at Des Moines, Iowa.

Approved, March 30, 1870.

I hereby certify that the foregoing act was published in the Daily Iowa State Register, April 3, and in the Des Moines Daily Bulletin, April 4, 1870.

ED WRIGHT, Secretary of State.

CHAPTER 55.

DISTRICT-TOWNSHIP OF CASS COUNTY.

AN ACT to Legalize the Election of a Sub-Director in District APRIL 4.
Number Five in the District-Township of Grant, in the County
of Cass, and State of Iowa, on the 12th day of March, 1870.

WHEREAS, At an election held on the 12th day of Preamble.
March, 1870, in sub-district number five, in the township
school-district of Grant, in the county of Cass, and State
of Iowa, said sub-director was elected by acclamation,
when the school laws require such election to be by ballot;
now therefore,

mation legal:zed.

SECTION 1. Be it enacted by the General Assembly Ele❜tion by acclaof the State of Iowa, That the election of a sub-director in sub-district number five, in the township school-district of Grant, in the county of Cass, State of Iowa, on the 12th day of March, 1870, be and the same is hereby legalized the same as though such election had been by ballot.

SEC. 2. This act to take effect from and after its pub- Taking effect. lication in the Cass County Weekly Messenger and Democratic Free Press, without expense to the State. Approved, April 4, 1870.

day of........ and

I, Ed Wright, hereby certify that the foregoing act was published in the Cass County Weekly Messenger on the* in the Democratic Free Press on the*....day of

1870.

ED WRIGHT, Secretary of State.

CHAPTER 56.

TOWN OF MASON CITY.

AN ACT to Legalize the Incorporation of the Town of Mason City, Iowa, and the Election of Officers for said Incorporation; also, to Legalize the Acts of the de facto Officers.

APRIL 4.

WHEREAS, The citizens of the town of Mason City, in the county of Cerro Gordo and State of Iowa, did apply by petition to the circuit court of said county, for the Preamble. appointment of commissioners to submit to the legal voters of said town, the question of incorporating the same,

*See Addenda.

and

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WHEREAS, Said court at the November term, 1869, did appoint five commissioners, who afterwards did call an election and submitted said question to the legal voters thereof; and

WHEREAS, At said election a large majority of the votes polled were in favor of incorporating said town; and

WHEREAS, Said commissioners did afterwards call an election for the election of officers of said incorporation, at which election there were elected a mayor, recorder, treasurer, marshal, and five trustees; and

WHEREAS, The officers of said incorporation, thus elected, did order another election, within said town for the election of officers for said incorporation; and

WHEREAS, The election last aforesaid, was held on the 7th day of March, 1870, and a full set of corporate officers were elected thereat; and

WHEREAS, Doubts have arisen as to the legality of said Doubts of legality acts of incorporation, and the said election of officers; therefore,

Rev.; ch. 51. 1868; ch. 61.

SECTION 1. Be it enacted by the General Assembly of the State of Iowa, That all acts done, and proceedings had, to enable the town of Mason City to become incorporated under chapter fifty-one of the Revision of 1860, and chapter sixty-one, laws of the Twelfth General Assembly amendatory thereto, be and the same are hereby declared to be valid and binding in all respects, and all such acts Proceedings in and proceedings are hereby legalized as fully as if the same had been done in strict compliance with the provisions of law relating to the incorporation of towns and cities.

incorporating legalized.

SEC. 2. That all acts of any or all of the officers of Acts of officers said incorporation, whether de facto or otherwise, are hereby declared to be legal, valid, and binding in all respects.

do;

1870.

SEC. 3 That the election of officers held within said also, election of town of Mason City, on the 7th day of March, 1870, for the election of municipal officers of said incorporation, be and the same are hereby legalized and declared to be valid in all respects, and all officers elected at said election be and they are hereby declared to be officers of said incorporation, the same as if the law had been strictly complied with in all respects.

Taking effect.

SEC. 4. This act, being deemed of immediate importance, shall take effect from and after its publication in the State Register, a newspaper published at Des Moines,

Iowa, and the Cerro Gordo Republican, published at Mason City, Iowa: Provided, the same be done without expense to the State.

Approved, April 4, 1870.

I hereby certify that the foregoing Act was published in the State Register, April 6, and in the Cerro Gordo Republican, on the.... day of*.

....1870.

ED WRIGHT, Secretary of State.

CHAPTER 57.

PUBLICATION AND DISTRIBUTION OF THE LAWS.

AN ACT to Provide for the Publication and Distribution of the APRIL 4. Laws of the Thirteenth General Assembly of the State of Iowa.

SECTION 1. Be it enacted by the General Assembly of Printed and dis the State of Iowa, That the laws passed at the regular tributed, how. session of the Thirteenth General Assembly shall be 1868; ch. 31. printed and distributed pursuant to the provisions of an act entitled "An act to provide for the publication and distribution of the laws of the Twelfth General Assembly of the State of Iowa," approved, March 14, 1868.

SEC. 2. This act being deemed of immediate importance Taking effect. shall take effect from and after its publication in the Daily Iowa State Register, and Daily Des Moines Bulletin, newspapers published at Des Moines.

Approved, April 4, 1870.

I hereby certify that the foregoing act was published in The Daily Iowa State Register and Des Moines Daily Bulletin, April 6, 1870. ED WRIGHT, Secretary of State.

CHAPTER 58.

DANIEL CONRAD, J. P., CLINTON COUNTY.

An Act to Legalize the Acts of Daniel Conrad while acting as Jus- APRIL 4. tice of the Peace in Deep Creek Township, in Clinton County.

WHEREAS, Daniel Conrad, for a time during the year Preamble. 1869, acted as justice of the peace in Deep Creek township, in Clinton county, under the belief that his bond as

*See Addenda.

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