The Laws of Texas, 1923-1925 [Volume 22] Page: 206 of 1,648

                                
196                    SPECIAL LAWS.
annum; provided that when such buildings are to be wooden, the
bonds herein provided for shall not run for a period longer than
twenty years; provided that the aggregate amount of bonds issued
for the above named purpose shall never reach an amount that the
tax limit as preseWbedl for herein on the one hundred dollars valuation
of taxable property within the district will not pay current
interest and provide a sinking fund sufficient to pay the principal
at maturity; and, provided further, that no such tax shall be
levied and no bonds issued until after an election shall have been
held, wherein a majority of the taxpaying voters voting at such
an elect on shall have voted in favor of the levying of such tax,
or the issuance of said bonds, or both. as the case may be, provided
that the specific rate of tax need not be determined in the election.
SEC. 19. All tax elections held under the provisions of this Act
either for maintenance or bopds shall be ordered by the board of
trustees of the district, and shall be held on some secular day not
.n legal holiday, within fortv days after the date of ordering such
election of which thirty davs prior notice shall be given by the
board of trustees bv written notice duly posted at three public
places within said district, or by publishing i.b some newspaper published
within said district.
SEC. 20. When a sufficient sum  of money is available for the
purposes as herein provided, arising from the sale of bonds as herein
provided, the board of trustees shall proceed forthwith to select
and purchase therewith such building sites, and erect thereon, furnish
and equip all such needed school buildings in said district as
the accumulated funds thus obtained will be sufficient to pay for,
and the board of trustees may adopt such methods in, the premises
as they may deem best calculated to secure the best value for the
money to be invested for the purposes aforesaid.
SEC. 21. The bonds of said district shall never be sold for less
than their face and accrued interest at time of sale, and when a
sufficient sum of money is available for the purpose as herein provided,
the board of trustees may if they deem necessary proceed
forthwith to  purchase the<ewith  such building sites and erect
thereon, furnish, and equip such buildings, or make, such repairs
therewith on! buildings within said district as may be needed, and
as the accumulated funds thus obtained will be sufficient to pay for
and the board of trustees may adopt such methods in the premises
as it may deem best calculated to secure the best value for the
money, to be invested for the purposes aforesaid.
SEC. 22. That any taxes levied for the year 1923 and any prior
year by the City Council of the city of Ennis for the maintenance
of its schools now uncollected, shall be collected and paid' by the
collector of said city of Ennis to the treasurer of the Ennis Independent
School District.
SEc. 23. The board of trustees of the Ennis Independent School
District shall be authorized to appoint a board of equalization consisting
of three persons who shall not be members of the board of
trustees and Ishall fix the time for the meeting of the said equalization
board.  Said, board of equalization shall be authorized to