FIFTY-EIGHTH coivemnss. sm. 11. cs. 1811. 1904. 559 so transferred to, said fund and all other moneys which are paid into said fund separate, and apply the same only in payments of warrants drawn by the auditor in payment of the expenses of the maintenance of the agricultural experimental station of the University of Arizona. "SEc. 11. Wheuew·er, after the ex iration of ten years from the mf,’,{‘g‘j}}@}‘,§,§*“ P"? issuance of any bonds under this act, there remains after the payment ' of the interest, as provided in this section, a surplus of one thousand dollars or more it shall be the duty of the Territorial treasurer to _ advertise for the space of one month in like manner as said board of ·*‘"°"“"’°‘“'“°'“* regents of the university advertise for bids as set forth in section nine herein, which advertisement shall state the amount in the sinking fund and the number of bonds, numbering them in the order of their issu- 8DOB, commencing at the lowest number then outstanding, which such fund is set apart to pay and discharge; and if such bonds so numbered b01Q*,{’,'§*}@y*§‘§§}_°’ in such advertisements shall not be presented for payment and cancellation at the expiration of such publications then such fund shall remain in the treasury to discharge such bonds whenever presented, but they shall draw no interest after the expiration of such publication. Before any of such bonds shall be paid they shall be presented to the b,,¥{f°'“°m°°° °" Territorial auditor, who shall indorse on each bond the amount due thereon and shall write across the face of each bond the date of its surrender and the name of the person surrendering the same. "S1·:c. 12. The Territorial treasurer shallkeep a full and particular A"°°““*’· account of all his proceedings under this act and of the bonds redeemed and surrendered, and he shall transmit to the governor an abstract of all of his proceedings under this act with his annual report, to be by _ the governor laid before the legislature biennially; and all books and “"”°°“°°· papers pertaining to the matter Oprovided for in this act shall at all times be open to the inspection . any parties interested, or the gov- ` ernor, or a Opomplittee o either branch of the legislature, or a ]oi.nt committee be . ‘*Sr:c. 13. It shall be the duty of the Territorial treasurer to pay w{1g;f{,°g; *0 be Pm the interest on said bonds when the same falls due, out of the interest ` fund, if sufhcient, and if said fund be not sumcient, then to pay the deticienc out of the cneral fund: Holvéded, That the Territorial {zgéggiwanam auditor shall first drawdiis warrant on the Territorial treasurer, pay- ° able to the order of said treasurer, for the amount of interest money about to become due and pa able, out of the general fund, which said interest warrant shall be dyrawn at least one month previous to the maturity of the interest. . " Sec. 14. This act shall take effect immediately, subrgect, however, to its approval and ratification ·by the Congress of the nited States. . “E. S. Ivns "President of the Council. "THEODORE T. Powmzs, · “Speaker of the House. "Approved March 10, 1903. u O B Amxmnna . nonm, - “Governor. " Therefore, Be it enacted the Senate and House 0 Re esentatives of the United States of Amefilew in Oongresa aesem6Z{Z, {hat said Act Numbered p,;§$§,{“"""° ”‘“° °’ Forty-seven of the legislative assembly of the Territonéy of Arizona herembefore set forth, and each and eve part of it an all of it, be, and the same is hereby, a proved, ratified and confirmed. Hm S1·:c. 2. That this Act sliall take effect and be in force from and after ' its passage. Approved, April 28, 1904.
