§ 3. MAXIMUM LEVY.] The tax authorized to be levied by Section 1, shall not exceed two (2) mills on the dollar of assessed valuation of said town.
§ 4. EMERGENCY.] There being an emergency existing by reason of the fact that the annual town meetings are held in March of each year, this act shall take effect and be in force from and after its passage and approval.
§ 5. All acts or parts of acts in conflict with this act are hereby repealed.
Approved February 11, 1890.
CHAPTER 44.
[S. F. 125.]
RELATING TO TOWNSHIPS HERETOFORE JLLEGALLY ORGANIZED.
AN ACT Providing for the Collection of Assets and Payment of Liabilities of Civil Townships Heretofore Illegally Organized.
Be it Enacted by the Legislative Assembly of the State of North Dakota:
§ 1. ILLEGAL TOWNSHIP ORGANIZATION, HOW REMEDIED.] That in all cases where a township organization was heretofore in good faith attempted, and supposed to be legally effected, under the provisions of Chapter 112 of the acts of the Fifteenth Session of the Legislative Assembly of the Territory of Dakota and the amendments thereto, but afterwards found to be illegal and void; and where a legal organization has since been effected embracing substantially the same territory as the former organization, it shall be lawful for the board of supervisors of such new township to take possession of and hold for the benefit of such new township, all books, papers, records, and all property real and personal of whatsoever name and nature that belonged to the former organization; and to adjust, compromise, settle or pay the outstanding indebtedness of such former township organizations, for such amounts and upon such terms as such township board may deem just and equitable; and to that end may issue bonds or other evidences of indebtedness in the name of the town of which they are officers, in payment of such adjusted claims and debts not exceeding in amount, nor drawing a higher rate of interest than such original debt, and in no event exceeding the limit fixed by law.
§ 2. REPEAL.] All acts or parts of acts, in conflict herewith are hereby repealed.
§ 3. EMERGENCY.] Whereas, there is an emergency existing in that there is no adequate existing law on this subject, this act shall take effect from and after the date of its passage and approval.
Approved March 7, 1890.
