The Laws of Texas, 1926 [Volume 24] Page: 40 of 1,784

8 SPECIAL LAWS.
of county school trustees of Hidalgo County, Texas, subsequent
to the consolidation election held in said districts on May 20th,
1926, and pertaining to the consolidation of said common
school districts and said independent school district and the formation
of said Edinburg Consolidated Independent School District,
are hereby in all things validated.
SEC. 6. That said Edinburg Consolidated Independent School
District shall have and exercise, and is hereby vested with all
the rights, powers and privileges of a town or village incorporated
under the General Laws of the State of Texas for free
school purposes only, and the board of trustees of said consolidated
independent school district shall have and exercise and is
hereby vested with all the rights, powers and privileges conferred
and imposed by the General Laws of this State upon the
trustees of independent school districts, including the right and
power to levy taxes and to issue bonds for said district for the
purpose for which bonds are authorized under the General Laws
but said district shall not be subject to the limitation provided
by the General Laws upon the rate of maintenance and bond
taxes, but said Edinburg Consolidated Independent School District
shall have the right and power to levy taxes at the rate
of not exceeding, for any one year, one and one-half (112) per
cent of the total assessed valuation of all taxable property within
said consolidated district for the purpose of the maintenance
of the public free schools within said district, and for the purpose
of the payment of all necessary expenses, salaries, contracts
and insurance premiums, of whatsoever character, as are and
may be deemed advisable and expedient by the board of trustees
of said district for the benefit and best interests of said district
and the public free schools therein; and, said Edinburg
Consolidated Independent School District shall have the right
and power to levy taxes at the rate of not exceeding, for any
one year, one and one-half (1/2) per cent of the total assessed
valuation of all taxable property within said consolidated district
for the purpose of paying the current interest on and to provide
a sinking fund or funds sufficient to pay the principal of any
and all bonds issued and to be issued by said consolidated district
for the purpose of purchasing, constructing, repairing and
equipping public free school buildings within said district and
purchasing sites therefor; provided, however, that the aggregate
amount of maintenance tax together with the bond tax of
said district shall never exceed, for any one year, one and onehalf
(11/2) per cent of the total assessed valuation of all taxable
property within said consolidated district; and provided further,
that before any maintenance taxes or bond taxes may be
levied, such maintenance and bond taxes shall be or shall have
been previously authorized by a vote of a majority of the qualified
resident property taxpaying voters of said district, voting
at an election to be held or having been held for the purpose
within said district; and it is further provided that whenever
the total rate of bond tax necessary to pay the current interest