Money, how invested on refusal to accept bids. Territorial Bonds and money belonging to School Fund to be to Commissioners named in this act. rate of premium than would guarantee the purchaser four and one half per cent. per annum interest on the amount paid for said bonds for the time they have yet to run; or, refusing all such bids, invest the money in any of the afore-mentioned bonds, as in their judgment would be for the best interests of the State. SEC. 4. The commissioners appointed under an Act entitled "An Act to provide for the purchase, for the benefit of the State School Fund, of the bonds of this State known as the Territorial Bonds, and having in charge the bonds and money surrendered belonging to said school fund, are hereby required, immediately after the passage of this Act, to surrender to the Commissioners named in section two of this Act, all bonds now in said school fund, or that may come into said fund, hereafter known as the State Bonds proper, upon receiving from said commissioners the amount of principal and interest due upon said bonds, together with such premium as may have been paid in the purchasing of said bonds, up to date of such redemption. SEC. 5. Upon the purchase of the bonds herein mentioned, the Board of Commissioners shall surrender them to the State Treasurer for cancellation. Bonds to be surrendered and canceled. Commis sioners to report to SEC. 6. The commissioners herein named shall report to the Legislature, at the beginning of each session, in detail, all their Legislature doings under the provisions of this Act. Repeal. SEC. 7. All Acts and parts of Acts, in so far only as they conflict with the provisions of this Act, are hereby repealed. Treasurer prohibited from drawing warrants. Redemption Fund to be created. Board to CHAP. VIII.--An Act to provide for the payment of certain indebtedness, accrued and to accrue, of White Pine County. [Approved January 28, 1879.] The People of the State of Nevada, represented in Senate and SECTION 1. From and after the passage of this Act, it shall not be lawful for the Treasurer of White Pine County to pay any warrant now outstanding drawn on the "General Fund of said County, or which may be drawn on said Fund hereafter, until said Fund shall have been placed upon a cash basis, except in the manner hereinafter provided. SEC. 2. The Board of Commissioners of said County are hereby authorized and directed, from and after the passage of this Act, to create, in the County Treasury of said County, a fund to be known as the Redemption Fund of said County. As soon after the passage of this Act as may be practicable, said Board shall to Redemp- cause to be transferred into said Redemption Fund twenty per tion Fund, cent. of all County revenues in the General Fund of said County, at the time of the taking effect of this Act; and the cause to be transferred etc. County Treasurer of said County is hereby expressly prohibited Treasurer prohibited from paying out any portion of said twenty per cent. of said from paying revenues from said Treasury, until the said order of transference out, etc. to be made by said Board, as hereinafter provided for, is duly certified to such Treasurer, and said Board shall cause twenty per cent. of all County revenues paid into the Treasury of said County after the passage of this Act to be placed in said Redemption Fund as soon as paid into said Treasury. The money Disbursed. placed in the Redemption Fund created by this Act shall be disbursed as hereinafter provided. SEC. 3. Whenever at any time there shall be in said Redemption Fund the sum of five hundred dollars or more, it shall be the duty of the County Treasurer of said county to give ten days' notice by posting at the court-house door of said county that sealed proposals, directed to him, will be received for the surrender of County Warrants on the General Fund of said county, issued prior to the passage of this Act, or pursuant to the provisions thereof, and that said proposals will be received by him until the next regular meeting of the Board of County Commissioners of said County thereafter. Treasurer to give notice of proposals for surrender be opened. SEC. 4. On the first day of such regular meeting of said Board Sealed of County Commissioners, they, together with the County proposals to Auditor and Treasurer, shall attend at the office of the latter, and there and then open all sealed proposals then received, and accept the lowest bid or bids for the surrender of County Warrants, as specified in the preceding section; provided, that no Proviso. bid for more than par value shall be accepted by them, nor any bid unless accompanied by the warrant or warrants proposed to be surrendered; and provided further, that said Board shall, if Proviso. it shall deem it for best interest of said county, reject all bids, and order the Treasurer to re-advertise, said Board shall, on opening and accepting bids, apply all funds then in said Redemption Fund, if there be accepted bids sufficient to cover the amount. Duty of Auditor and when bids accepted. SEC. 5. When any bid or bids are accepted, the County Auditor and County Treasurer shall each take a description of the warrant or warrants to be redeemed, specifying the amount to be paid for each warrant surrendered, the date, number and amount thereof, and make a record thereof in their respective offices; and thereupon the Board of County Commissioners shall, by order entered on their minutes, direct the County Treasurer to purchase the warrant or warrants designated in the accepted bid or bids, and pay therefor out of said Redemption Fund; and all warrants so redeemed shall be canceled by the CancellaCounty Treasurer, who shall write across the face thereof, in tion. carmine, "purchased and redeemed," adding thereto the time, when, and the amount paid therefor, and signing the same officially. The order of the Board of Commissioners aforesaid, together with the record made by the County Auditor as herein required, shall be sufficient vouchers for the County Treasurer in the settlement of his accounts. The bids specified in this Equal bids. Act being equal, preference shall be given to the smallest amount. That shall be deemed the lowest bid which offers the largest amount of warrants for the least sum of money. The bids to be returned. Separate account. bids and amounts of warrants being equal, each shall be accepted and paid pro rata as nearly as possible. The County Unaccepted Treasurer shall return all unaccepted bids, with the warrants therein contained, to the owners, on demand. The County Treasurer shall keep a separate account, under the head of "Redemption Fund," of all moneys received therein, of all moneys paid out thereof, and when, and to whom paid; he shall also, on the register of county warrants kept by him, write opposite each warrant redeemed under the provisions of this Act, the word "purchased," when, and the amount paid therefor. Warrants to be paid out of Redemp. tion Fund. Repeal. SEC. 6. All warrants against the General Fund of said county now outstanding, and all hereafter issued, until said General Fund shall have reached a cash basis, shall be paid out of the Redemption Fund created by this Act, and in manner herein provided; and as soon as said General Fund shall have reached a cash basis, this Act shall cease to operate, and be obsolete. SEC. 7. All officers of said county who shall render any services, official or otherwise, under the provisions of this Act, shall do so free of charge or fee. SEC. 8. All Acts and parts of Acts heretofore passed, so far only as in conflict with the provisions of this Act, are hereby repealed. Authorized to issue bonds. Rate of interest. When and where payable. CHAP. IX.-An Act to amend Section One of an Act entitled "An Act to authorize the County Commissioners of Esmeralda County to issue certain bonds, and to provide for the payment of same," which became a law on the fourteenth day of March, eighteen hundred and seventy-seven. [Approved January 31, 1879.] The People of the State of Nevada, represented in Senate and [SECTION 1.] Section 1 of said Act is hereby amended to read as follows: Section One. The Board of County Commissioners of Esmeralda County, Nevada, are hereby authorized and empowered to issue the bonds of said county in any sum, not to exceed fifteen thousand dollars ($15,000), none of the bonds issued as herein provided shall be of a less amount than two hundred dollars ($200), and none for a greater amount than one thousand dollars ($1,000) each. Said bonds shall bear interest at a rate not to exceed eighteen per cent. per annum, and shall be redeemed in the following manner: The said bonds, with interest, shall be payable at the office of the County Treasurer of Esmeralda County, not less than one year, nor more than ten years, from their date of issue, and the interest on said bonds shall be payable semi-annually, at the Treasurer's office in Aurora, Esmeralda County, Nevada. The Board of County Commissioners, shall provide for the prompt payment in full, of said bonds, together with the interest thereon, at the date of their maturity, and for this purpose, the said Commissioners are hereby duly empowered to set apart at the proper period, a sufficient sum out of the Current Expense Fund, of said county, to fully discharge and liquidate the said bonds, and the interest thereon. Money to be set apart to pay bonds. CHAP. X. An Act to Provide for the Payment of certain Legislative expenses of the year eighteen hundred and seventyfive. [Approved February 4, 1879.] The People of the State of Nevada, represented in Senate and authorized SECTION 1. The State Controller is hereby authorized and Controller required, to draw his warrant on the Legislative Fund, in favor to draw of C. C. Stevenson, President pro tem. of the Senate, for the warrant. sum of one hundred and twenty dollars, for services rendered as President pro tem. of the Senate, during the session of the Legislature, of eighteen hundred and seventy-five, and the State Treasurer Treasurer is hereby authorized and required to pay the same. to pay same. CHAP. XI.—An Act to repeal an Act entitled "An Act to incorporate the town of Eureka," approved March one, eighteen hundred and seventy-seven. [Approved February 5, 1879.] The People of the State of Nevada, represented in Senate and repealed. SECTION 1. An Act entitled "An Act to incorporate the town Act of Eureka," approved March one, eighteen hundred and seventy-seven, is hereby repealed. Capitol CHAP. XII.-An Act to provide for the safe-keeping of the moneys of the State of Nevada. [Approved February 6, 1879.] The People of the State of Nevada, represented in Senate and SECTION 1. The State Capital Commissioners are hereby constituted a Board of Commissioners, for the of erecting purpose a suitable vault in the office of State Treasurer, and placing a Treasurer's burglar-proof safe therein. sioners duty in relation to vault in office. Majority of quorum. Power of board. Warden prison to prepare stone. Debts, etc., how SEC. 2. A majority of said board shall constitute a quorum for the transaction of business. The board, as constituted herein, shall have power to contract for and supervise the construction of a suitable vault in the office of State Treasurer; also, to purchase and place therein a burglar-proof safe. The Warden of the State Prison shall cause to be prepared and delivered to said Board of Commissioners at said prison, free of charge, such stone for the erection of said vault as may be required by said Board of Commissioners. SEC. 3. All debts contracted under the provisions of this Act allowed and shall be allowed, audited and paid in the same manner as other proper charges against the State, after first receiving the approval of said Board of Commissioners. paid. Appropriation. Report of Money remaining. SEC. 4. The sum of six thousand dollars is hereby appropriated out of any moneys now in, or hereafter coming into the General Fund, not otherwise especially appropriated, for the purpose of carrying out the provisions of this Act. SEC. 5. It shall be the duty of the board to make a full report of its acts to the next Legislature. SEC. 6. Any money remaining in said fund, at the completion of the work, shall revert to the General Fund. Money appropriated to reimburse. CHAP. XIII-An Act to reimburse James Holland, for money expended in the prosecution of Jerry Sloan, Isaac McManus, Charles Newman, and William Dean, for the murder of Benjamin Holland and W. H. Carter. [Approved February 6, 1879.] The People of the State of Nevada, represented in Senate and SECTION 1. The sum of seven hundred and forty-seven dollars is hereby appropriated out of any money in the State Treasury, not otherwise specially appropriated, to reimburse James Holland, of Lincoln County, for money expended by him in the prosecution of Jerry Sloan, Isaac McManus, Charles Newman, |