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vided, shall certify to the Treasurer, that contracts for the completion of said Normal School have been entered into, according to provisions of this act, it shall be the duty of the said Treasurer to offer for sale by such public advertisements as he shall deem expedient, to the person or persons paying par, or the highest premium above par, the whole amount of bonds as herein provided for.

84. TAX.] For the purpose of the prompt payment of the principal and interest of the bonds herein provided for, there shall be levied annually by the Territorial Board of Equalization at the time the other taxes are levied and collected in the same manner as other territorial taxes are collected. Such a tax as shall be sufficient to pay such interest, and the exchange thereon. And after nineteen [nine] years from the date of said bonds,if no other provisions shall have been made for the payment of the principal of the same, the said board of equalization or any other officer empowered to perform the duties now performed by said territorial board of equalization shall levy such sinking fund tax annually as shall be sufficient to retire and pay such bonds at their maturity. It shall be the duty of the territorial Treasurer to pay promptly on the first days of July and January of each year such interest as shall then be due on said bonds, and at the end of twenty years if a sinking fund tax is raised as herein provided, to pay, retire and cancel said bonds in the order of their issue with the sinking fund as fast as the same shall be received in sufficient amounts to pay a bonnd. The tax and fund herein provided for, for the payment of the principal or interest of said bonds, shall not be used for any other purpose.

5. PAYMENT OF INTEREST.] If at any time the territorial Treasurer shall not have in his hands sufficient funds as hereinbefore provided to pay the interest on said bonds, when the same is due, he shall pay such interest out of any funds in the territorial treasury not otherwise appropriated, and all money belonging to the general territorial fund applied by the said Treasurer to the payment of such interest on said bonds, shall be replace! from the special tax levy to pay the same.

§ 6. IN CASE OF DIVISION.] In case of division of Territory, that part of the Territory of Dakota in which said Normal School is located, shall on the division of the Territory, assume and pay all bonds and coupons issued, existing on account of the construction of said Normal School building.

7. That this act shall take effect and be in force from and after its passage and approval.

Approved March 7th, 1885.

NORTH DAKOTA UNIVERSITY.

CHAPTER 26.

AN ACT to Provide Funds to Pay the Deficiency Caused by the Construction of the Main Building of the University of North Dakota, and for other Purposes.

Be it enacted by the Legislative Assembly of the Territory of Dakota :

§ 1. BONDS TO BE ISSUED.] That for the purpose of providing funds to pay the deficiency caused by the erection of a main building, and improve the grounds and out buildings, purchase apparatus and water supply for the University of North Dakota, at Grand Forks, Dakota Territory, the territorial Treasurer is hereby authorized and empowered, and it is made his duty, to prepare for issue twenty-four thousand dollars of territorial bonds, running for a term or period of twenty years, and payable at the option of the Territory after a term of ten years, and bearing interest at the rate of six per cent. per annum, with coupons attached, made payable semi-annually on the first days of July and January, each year; such bonds shall be executed under the seal of the Territory by the Governor and Treasurer, and shall be attested by the Secretary, and shall be negotiated by the Treasurer of the Territory.

§ 2. PROPOSALS FOR BONDS.] It shall be the duty of the Treasurer to receive sealed proposals for the purchase of said bonds, and upon request of the board of regents he shall give public notice for thirty days in two newspapers of general circulation, one of which shall be published in the city of New York, and said bonds shall be sold to the highest bidder for cash; Provided, That said bonds shall not be sold for less than their par value.

§ 3. TAX TO MEET PAYMENT.] For the purpose of prompt payment of principal and interest of the bonds herein provided, there shall be levied by the territorial board of equalization at the time the other taxes are levied, and collected in the same manner as other territorial taxes are collected, such sum as shall be sumcient to pay such interest and exchange thereon; and after ten years from the first day of May, 1885, and in addition thereto, a sinking fund tax shall be annually levied, sufficient to retire and pay said bonds at their maturity; and it shall be the duty of the territorial Treasurer to pay promptly on the first days of July and January of each year, such interest as shall then be due, and to purchase said bonds at their market value, and retire and cancel the same

with the sinking fund tax as fast as the same shall be received, and no tax or bonds, either principal or interest, shall at any time be used for any other purpose.

84. INTEREST TO BE PAID FROM ANY FUND.] If for any reason the territorial Treasurer shall not have in his hands sufficient funds herein provided to pay the interest upon such bonds when due, he shall pay such interest out of any other unappropriated fund belonging to the Territory; and there is hereby appropriated and set apart out of the general funds belonging to the Territory, a sum sufficient to pay such interest on said bonds as may become due before the funds and tax herein provided can be made available; and it shall be the duty of said Treasurer to pay said interest promptly at the time it falls due out of said funds.

5. REPLACED FUND.] All moneys belonging to the general territorial fund, applied by said Treasurer in payment of the interest on said bonds, shall be replaced from the special tax levied to pay the same.

6. APPROPRIATION.] There is hereby appropriated out of the territorial treasury, all the funds realized by the sale of the bonds provided for in this act, for deficiency in construction of building as now built, twenty thousand three hundred and sixtytwo dollars.

For library, one thousand dollars.

For improving grounds, five hundred dollars.

For water closets, five hundred dollars.

For apparatus for laboratory, etc., one thousand dollars.
For water supply, six hundred and thirty-eight dollars.

§ 7. WARRANTS TO BE DRAWN.] It shall be the duty of the Auditor of the Territory, upon the application of the board of regents, or a majority thereof, to draw warrants on the territorial Treasurer for the purpose of carrying out the provisions of the aforesaid act.

8. IN CASE OF DIVISION.] In case the Territory of Dakota is divided the bonds issued under the provisions of this act, shall be paid by that portion of the Territory within which said University is situated.

§ 9. This act shall take effect and be in force from and after its passage and approval.

Approved, March 7, 1885.

DAKOTA UNIVERSITY.

CHAPTER 27.

AN ACT to provide for furnishing the Main Building of the University of Dakota, and other purposes.

Be it enacted by the Legislative Assembly of the Territory of Dakota:

§ 1. APPROPRIATIONS.] There is hereby appropriated out of the funds provided for in this act the sums hereinafter mentioned for the erection of buildings on the grounds of the University of Dakota and other necessary expenses, as follows, namely: First, for heating, plumbing and sewerage, Five Thousand ($5,000) dollars.

Second, completing and deficiency in constructing main building and furnishing the main building of the University of Dakota, Ten Thousand ($10,000) dollars.

§ 2. BONDS TO BE ISSUED.] To provide such funds, bonds of this Territory shall be issued to the amount of fifteen thousand ($15,000) dollars in denominations of five hundred ($500) dollars bearing date the first day of May, 1885, with interest payable semi-annually, at some place in New York city, to be specified in said bonds, on the first day of July and January of each year, at the rate of six per cent. per annum, running twenty years, and payable at the option of the Territory at any time after five years from date of the same.

§ 3. BONDS HOW EXECUTED.] Such bonds shall be executed for the Territory and under the seal thereof by the Governor and Treasurer and shall be attested by the Secretary and shall be negotiated by the Treasurer of the Territory.

84. PROPOSALS FOR BONDS.] It shall be the duty of the territorial Treasurer to receive sealed proposals for the purchase of said bonds, after giving notice for thirty days in two newspapers of general circulation, one of which shall be published in the Territory and the other in the city of New York, and said bonds shall be sold to the highest and best bidder for cash, and said bonds shall not be sold for less than par.

§ 5. TAX FOR THE PAYMENT OF BONDS.] For the purpose of

prompt payment of the principal and interest of the bonds herein provided, there shall be levied by the territorial Board of Equal

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ization, at the time the other taxes are levied and collected in the same manner as other territorial taxes are collected, such sums as shall be sufficient to pay such interest and the exchange thereon. And after ten years from the first day of May, 1885, in addition thereto a sinking fund tax shall be annually levied sufficient to retire and pay said bonds, at their maturity, and it shall be the duty of the territorial Treasurer to pay promptly on the first days of July and January of each year at the Chemical National Bank in the city of New York such interest as shall then be due, and to purchase said bonds at not more than their par value, and retire and cancel the same with the sinking fund tax as fast as the same shall be received, and no tax or fund provided for the payment of such bonds, either principal or interest, shall at any time be used for any other purpose.

$6. PAYMENT OF INTEREST.] If for any reason the territorial Treasurer shall not have in his hands sufficient of the funds herein provided to pay either principal or interest upon such bonds when due, he shall pay such interest or principal out of any other unappropriated fund belonging to the Territory, and there is hereby appropriated and set apart out of the general fund belonging to the Territory, a sum sufficient to pay such interest on said bonds as may become due before the funds and tax herein provided can be available, and it shall be the duty of said Treasurer to pay said interest promptly at the time it falls due out of said funds.

87. REPLACING FUNDS.] All moneys belonging to the general territorial fund applied by said Treasurer in payment of either principal or interest of said bonds shall be replaced from the special tax levied to pay the same.

§ 8. PLANS AND SPECIFICATIONS.] The board of Regents of the University of Dakota, shall immediately after the passage and approval of this act prepare or cause to be prepared plans and specifications for building the additions and improvements enumerated in section one of this act, and after the same shall have been adopted and approved by them and the Governor of the Territory. Said board of Regents shall cause said plans and specifications to be filed with their Secretary, and it shall be the duty of said board within twenty days thereafter to give public notice, which notice shall be inserted for thirty days in two newspapers published in the Territory and of general circulation therein, and in two newspapers published in other States, and that on a day specified in such notice, they will receive sealed proposals at the office of the Secretary of the board of Regents of the University of Dakota, according to plans and specifications aforesaid, which shall be open for inspection of bidders at the office of the Secretary of the board of Regents of

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