The Laws of Texas, 1926 [Volume 24] Page: 256 of 1,784
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224 SPECIAL LAWS.
SEC. 4. That the order or orders thereafter adopted by the
county commissioners' court of said county authorizing the issuance
of said bonds of said road district, prescribing the date
-?nd maturity thereof, rate of interest borne by the bonds and
place of payment of principal and interest, and fixing form of
bond and coupon, and providing for the levy of an ad valorem
tax upon the taxable property in said road district sufficient
to pay the interest on such bonds and to produce a sinking fund
for the redemption of the principal thereof at maturity, are
hereby legalized, approved and validated.
SEC. 5. That sale of said bonds by the county commissioners'
court of said county is hereby legalized and validated and
such bonds so sold and delivered are hereby legalized and validated,
and constituted the legal obligations of said road district,
and taxes sufficient to pay the principal of and interest
upon said bonds heretofore levied upon the valuation of taxable
property in said road district according to the value of taxable
property as determined for State and county purposes, are hereby
legalized and validated; and that taxes in amount sufficient
to pay the principal of and interest upon said bonds, levied upon
the valuation of taxable property in said road district according
to the value of taxable property therein as determined
for State and county purposes, are hereby found and fixed as
the amount to be raised in said road district and constituted the
bs.sis for such taxation, and the assessment and levy of such
taxes is hereby legalized and said taxes in an amount sufficient
to pay the principal of and interest upon said bonds, now outstanding,
shall be annually levied and assessed by the county
commissioners' court of said county upon the value of taxable
property in said road district as fixed for State and county
taxes, and the power to levy such annual general ad valorem
taxes is hereby expressly delegated to said commissioners' court.
SEC. 6. That said orders, and all other orders adopted by
said county commissioners' court in respect of said road distlict
bonds and taxes, as the same appears upon the records of
said court, or copies thereof duly certified, are hereby constituted
legal evidence of such orders, and shall be authority for
said court to annually levy, assess and collect taxes in an
amount sufficient to pay the principal of and interest upon said
bends as the same mature and become due, such taxes to be levied
and assessed upon the value of taxable property in said road
district as fixed for State and county taxes, and that any and
all acts and proceedings had and taken by said court in the construction
of roads and turnpikes from the proceeds of said
bonds are hereby validated, approved and legalized.
SEC. 7. That the Legislature hereby exercises the authority
upon it conferred by Section 52, of Article 3, of the Texas Constitution,
and declares said defined district as a road district, as
above described, to have been legal and valid from the date of
the adoption of said order, defining its boundaries, and confirms
and ratifies said acts and proceedings of said court in
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Gammel, Hans Peter Mareus Neilsen. The Laws of Texas, 1926 [Volume 24], book, 1926; Austin, Texas. (https://texashistory.unt.edu/ark:/67531/metapth16124/m1/256/: accessed April 25, 2024), University of North Texas Libraries, The Portal to Texas History, https://texashistory.unt.edu; .