The Laws of Texas, 1927 [Volume 25] Page: 179 of 1,111
1 volume (multiple pagings 1,111 pages total); 25 cm.View a full description of this book.
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GENERAL AND SPECIAL LAWS. 163
DUVAL COUNTY ROAD LAW.
S. B. No. 6.] CHAPTER 110.
An Act amending Chapter 115, Local and Special Laws, Regular Session,
35th Legislature of the State of Texas entitled "An Act to create a more
efficient road law for Duval County, Texas, etc."; to permit the issuance
of refunding bonds for the purpose of funding or refunding indebtedness
incurred for road and bridge purposes; and declaring an emergency.
Be it enacted by the Legislature of the State of Texas:
SECTION 1. That Section 2 of Chapter 115, Local and Special
Laws, Regular Session 35th Legislature, entitled "An Act to
create a more efficient road law for Duval County, Texas, etc." be
and the same is hereby amended by adding Section 2a thereto as
a part thereof so as to read hereafter as follows:
Section 2a. The Commissioners' Court of Duval County is
authorized and empowered to fund any and all indebtedness
lawfully incurred for road and bridge purposes, whether the
same be current, funding or simple contract debts, and whether
issued in the form of warrants or otherwise, into bonds of Duval
County, redeemable and payable in not more than forty (40)
years from date, and the same may mature serially or otherwise
as mry be determined by the Commissioners' Court and may
bear interest at the rate of not exceeding 6/; per annum, interest
payable annually or semi-annually as may be determined by said
Court. All such funding bonds shall be in such denominations
as may seem expedient and the court shall provide for the levy
of an annual tax upon all property within the county to provide
for interest and sinking fund; provided that the aggregate
amount of said bonds herein authorized shall not exceed the limitations
provided by General Law; and provided further that it
shall not be necessary to submit the issuance of said refunding
bc:ds to a vote of the property taxpayers of said county.
SEC. 2. The fAct that the road and bridge fund of Duval
County is depleted and that it is advisable to place same upon a
cash basis creates an emergency and an imperative public necessity
that the constitutional rule requiring bills to be read on three
several days be suspended and that this Act take effect from and
after its passage, and it is so enacted.
Approved January 25, 1927.
Effective January 25, 1927.
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Gammel, Hans Peter Mareus Neilsen. The Laws of Texas, 1927 [Volume 25], book, 1927; Austin, Texas. (https://texashistory.unt.edu/ark:/67531/metapth16125/m1/179/: accessed April 26, 2024), University of North Texas Libraries, The Portal to Texas History, https://texashistory.unt.edu; .