liable for official bond for the safe keeping of the moneys which shall Treasurer come into his hands under the provisions of this act, and for bond money the faithful discharge of all his duties in relation thereto. for bonds SEC. 9. For the purpose of creating a fund of the bonds Special tax authorized by this act, and the interest thereon, the board of county commissioners of Douglas County is hereby authorized and required to levy and collect annually a special tax on the assessed value of all property both real and personal, subject to taxation, including proceeds of mines, within the boundaries of said Douglas County, until such bonds and interest thereon shall have been fully paid, sufficient to pay the interest on said bonds and to pay and retire, beginning with bond number one, and consecutively thereafter, two of said bonds annually beginning with the first Monday in July, 1912, until twelve of said bonds are redeemed, and retired, and thereafter to levy and collect a like special tax in an amount sufficient to pay the interest and to pay and retire, consecutively, four of said bonds, annually until all of said bonds are fully redeemed and retired. Such tax shall be levied and collected in the same manner and at the same time as other taxes are assessed and collected, and the proceeds thereof shall be kept by the county treasurer in a special fund to be known as the "Douglas County Improvement Fund No. 1 and when SEC. 10. It shall be obligatory on said county and its Bonds, how proper officers annually, beginning on the first Monday in retired July, 1912, to fully pay the accrued interest on said bonds, and to fully pay and retire two of said bonds, beginning with the first number thereof, until twelve of said bonds are redeemed and retired, and to fully pay and retire four of them annually thereafter in their consecutive numbers, until all of said bonds are redeemed and retired. when cancel paid bonds, how SEC. 11. Whenever the bonds and interest provided for in Special tax this act shall have been fully paid, the tax authorized by this to cease, act shall cease, and all moneys remaining in said bond fund shall, by order of the board of county commissioners of said county, be transferred to the general fund of said county. SEC. 12. Whenever the county treasurer shall redeem any Treasurer to of the bonds issued under the provisions of this act, he shall cancel the same by writing across the face thereof, "paid, together with the date of such payment, sign his name thereto, and turn the same over to the county auditor, taking his receipt therefor, which receipt shall be filed with the clerk of the board of county commissioners and the auditor shall credit the treasurer on his books for the amount so paid. SEC. 13. Should the holder of said bonds or of any of them, No interest for any cause whatever, fail to present said bonds to the said paid, when county treasurer for payment when they become due, all interest on such bonds shall thereafter immediately cease. Faith Nevada SEC. 14. The faith of the State of Nevada is hereby pledged of State of that this act shall not be repealed, nor the taxation thereby pledged Lawful to imposed be omitted, until all the bonds and coupons issued under and by virtue hereof shall have been paid in full, as in this act specified. CHAP. 32-An act to fix the rate of county taration in counties of this state, and repealing all acts or parts of acts inconsistent with this act. [Approved March 1, 1911] The People of the State of Nevada, represented in Senate and SECTION 1. In all counties whose tax rate for county purposes for the year 1910, exclusive of tax to pay the interest and maintain the sinking fund of the bonded indebtedness of tain counties such counties, did not exceed one dollar and five cents on each increase tax rate in cer Repeal one hundred dollars of assessed valuation, it shall be lawful for the board of county commissioners of such counties to fix the tax rate for such county purposes for the year 1911 at not exceeding one dollar and thirty-five cents on each one hundred dollars of assessed valuation, and such board of county commissioners shall thereafter, during each subsequent year, fix such tax rate at a sum not to exceed one dollar and thirty-five cents on each one hundred dollars of assessed valuation. SEC. 2. That all acts and parts of acts inconsistent with the provisions of this act be and they are hereby repealed. CHAP. 33-An act to amend section one hundred and five of an act entitled "An act to regulate the settlement of the estates of deceased persons," approved March 23, 1897. [Approved March 1, 1911] The People of the State of Nevada, represented in Senate and SECTION 1. entitled act is Section one hundred and five of the abovehereby amended so as to read as follows: When a person shall die, leaving an estate the Estate under whole value of which does not exceed five hundred dollars, administered and there be a surviving husband or wife, or a minor child or upon: may be children, such estate shall not be administered upon, but the $500 not set apart for minor children whole thereof shall be by the court or judge, by an order for that purpose, assigned and set apart for the support of the surviving husband or wife, or minor children of deceased, or for the support of the minor child or children if there be no surviving husband or wife; provided, that the whole of such estate even though there be a surviving husband or wife, may in the discretion of the court be set aside to the minor child or children of the deceased according to the subserviency of the best interests of such minor child or children. Such order may be made by the court or judge on motion made by or on behalf of the surviving husband or wife, or next friend of any minor child or children upon an affidavit setting forth the necessary facts, and the court or judge being satisfied that the value of the whole of such estate does not exceed five hundred dollars. CHAP. 34 An act to authorize the board of county commissioners of Lyon County to issue bonds for the purpose of creating a fund for the erection and furnishing of county buildings in the city of Yerington. [Approved March 1, 1911] The People of the State of Nevada, represented in Senate and ings at SECTION 1. The board of county commissioners of Lyon Bonds for County, Nevada, are hereby authorized and directed, within county buildthirty days after the approval of this act, to prepare and issue Yerington bonds of said county, for the sum of thirty-five thousand dollars, exclusive of interest, for the purpose of providing funds for the obtaining of premises and the erection and furnishing of a court-house and jail for said county. tion of bonds SEC. 2. The bonds authorized under the provisions of this Denominaact shall be issued in the sum of one thousand dollars each, and shall bear interest at a rate not to exceed six per cent per annum. Said bonds shall be numbered from one to thirty-five inclusive, and shall be signed by the chairman of the board, countersigned by the county treasurer, and authenticated with the seal of the county. Coupons for interest shall be attached to each bond so that the same may be removed without injury to the bonds, and each of said coupons shall be consecutively numbered, and signed by the chairman of said board and the county treasurer. kept SEC. 3. The clerk of the board of county commissioners Record of shall keep a record of all proceedings under the provisions of bends to be this act, showing the number and date of each bond and to whom issued. SEC. 4. The board of county commissioners of Lyon County How are hereby authorized and directed to negotiate the sale of said negotiated bonds by advertising for sealed proposals or by private sales, as they may deem best; provided, that all the bonds shall be made for gold coin of the United States, and the interest thereon shall be payable in like gold coin. bond. SEC. 5. Said bonds shall run for a period of not less than Term of four nor more than twenty years. The interest on the same interest, etc. shall be payable annually on the first Monday of January of each year at the office of the county treasurer of Lyon County. It shall be obligatory on said county and its proper officers to fully pay the interest on said bonds annually, and to fully pay Special tax ceases, when and retire three of said bonds on the first Monday of January, 1915, beginning with the first number thereof, and so on consecutively, and on the first Monday of January of each year thereafter until said bonds and the interest thereon are fully paid, canceled and retired, to pay and retire three of said bonds in such manner. SEC. 7. SEC. 6. Whenever the bonds and interest provided for in this act shall have been fully paid, the tax authorized by this act shall cease, and all moneys remaining in the bond fund hereinafter created shall, by order of the board of county commissioners, be transferred to the general fund of the county. Whenever the county treasurer shall pay anything Interest and on the bonds issued under the provisions of this act, he shall cancel the same by writing across the face thereof "paid, together with the date of such payment, and sign his name thereto and turn the same over to the county auditor, taking his receipts therefor, which receipt shall be filed with the clerk of the board of county commissioners, and the auditor shall credit the treasurer on his books with the amount so paid. bonds, how paid and canceled Bond fund, SEC. 8. For the purpose of creating a fund for the payment of the bonds authorized by this act and the interest thereon, how created the board of county commissioners of Lyon County are hereby authorized and directed to levy and collect annually a special tax on the assessed value of all property, both real and personal, within the boundaries of said Lyon County, until such bonds and the interest thereon shall have been fully paid, sufficient to pay the interest on said bonds and to pay and retire said bonds in the manner provided in this act. Such tax shall be levied and collected in the same manner and at the same time as other taxes are assessed and collected, and the proceeds thereof shall be kept by the county treasurer in a special fund to be known as the "Court-house Bond Fund. Faith of State of Nevada pledged Bonds for SEC. 9. The faith of the State of Nevada is hereby pledged that this act shall not be repealed, nor taxation thereby imposed omitted, until all the bonds and the coupons issued under and by virtue thereof shall have been paid in full, as in this act specified. CHAP. 35-An act to authorize the board of county commissioners of Lander County to issue bonds for the purpose of creating a fund for liquidating and paying all outstanding. indebtedness of said county and for paying current expenses of Lander County, State of Nevada. [Approved March 1, 1911] The People of the State of Nevada, represented in Senate and SECTION 1. The board of county commissioners of Lander indebtedness County, Nevada, are hereby authorized and empowered to preCounty pare and issue bonds of said county, after the first day of March, of Lander 1911, for an amount not exceeding the sum of fifteen thousand dollars, exclusive of interest, for the purpose of providing funds for paying all outstanding indebtedness of said county, and for paying the current expense in said Lander County, State of Nevada. prepared and SEC. 2. The board of county commissioners of said Lander How County may cause said bonds to be prepared and made ready issued for issuance. Such bonds shall be signed by the chairman of the board, countersigned by the county treasurer, and authenticated with the seal of the county. Coupons for interest shall be attached to each bond, so that the same may be removed without injury to the bonds, and each of said coupons shall be consecutively numbered, and signed by the chairman of said board, and by the county treasurer. SEC. 3. The clerk of the board of county commissioners Record to be shall keep a record of all proceedings under the provisions of kept this act, showing the numbers and date of each bond and to whom issued. of bonds SEC. 4. The board of county commissioners of Lander Negotiation County is hereby authorized to negotiate the sale of said bonds, or such number thereof as they may deem necessary, by advertising for sealed proposals or by private sales, as they may deem for the best interests of the county, and may reject any and all bids; provided, that no bonds shall be sold for less than the par value; and provided further, that all bonds shall be made for gold coin of the United States, and the interest thereon shall be payable in like gold coin. tion SEC. 5. Said bonds shall be each for the sum of five hun- Denominadred dollars. They shall be numbered from one to thirty, consecutively, and the interest on the same shall not exceed five per cent per annum, payable annually on the first Monday in July of each year, at the office of the county treasurer of said Lander County, and in no case shall any of said bonds run for a longer period than eight years. sale of bonds, how kept SEC. 6. All moneys received from the sale of said bonds Proceeds of shall be paid to the county treasurer of said county, and said treasurer is hereby required to receive and safely keep the same in a fund hereby created and known as the "Lander County Bond Redemption Fund, and to pay out said moneys only in the manner now required by law for the payment of the same, and for the purposes for which the same were received. ers, how to use proceeds SEC. 7. The said board of county commissioners is hereby Commissionauthorized and directed to use the money accruing from the sale of said bonds for liquidating and paying all outstanding indebtedness of Lander County, and for paying current expenses of said Lander County. safe keeping SEC. 8. The said county treasurer shall be liable on his Treasurer official bond for the safe keeping of the moneys which shall liable for come into his hands under the provisions of this act, and for the faithful discharge of all duties in relation thereto. |