The Laws of Texas, 1935-1937 [Volume 30] Page: 93 of 2,460
1 volume (multiple pagings 2,460 pages total); 25 cm.View a full description of this book.
Extracted Text
The following text was automatically extracted from the image on this page using optical character recognition software:
FORTY-FOURTH LEGISLATURE-FIRST CALLED SESSION. 1607
from the disastrous results incident to the calamitous occurrences
hereinbefore enumerated creates an emergency and an
imperative public necessity that the constitutional rule requiring
bills to be read on three several days be suspended, and said Rule
is hereby suspended, and that this Act take effect and be in full
force from and after its passage, and it is so enacted.
[NOTE.-H. B. No. 134 passed the House, October 11, 1935, by
a viva voce vote; passed the Senate, October 14, 1935, by a vote
of 20 yeas, and 8 nays.]
Approved October 17, 1935.
Effective 90 days after adjournment.
ROAD LAW FOR LAMB COUNTY.
H. B. No. 118.] CHAPTER 407.
An Act creating a Special Road Law for Lamb County, Texas, providing
that said County may fund or refund the indebtedness outstanding
against its Road and Bridge Fund as of April 13, 1935, setting forth
the method of operation; validating the indebtedness proposed to
be funded or refunded; validating all acts and proceedings heretofore
had by the Commissioners Court of said County, and officers
thereof, in respect to the funding or refunding of said indebtedness;
providing this Law shall be cumulative of General Laws on the subject
of roads and bridges and General Laws on funding or refunding
bonds, not in conflict herewith; enacting provisions incident and relating
to the subject and purpose of this Act; repealing all laws in
conflict, and declaring an emergency.
Be it enacted by the Legislature of the State of Texas:
SECTION 1. The Commissioners Court of Lamb County, Texas,
is authorized and empowered to fund or refund into the coupon
bonds of Lamb County, Texas, such indebtedness of the County,
chargeable against the Road and Bridge Fund, as existed on
April 13, 1935. Items of indebtedness as of said date, in the
form of scrip or time warrants, either or both, may be included
in such funding or refunding bond issue. Such funding or refunding
bonds may be issued by the Court payable serially or
otherwise within a period of time not exceeding forty (40)
years from their date, as the Court may direct, and shall bear
interest at a rate of not more than six per centum (6%) per
annum, payable annually or semi-annually, the rate and interest
payment dates to be determined by the Court, and the bonds to
be in such denominations as may be prescribed by the Court.
At such time as said bonds shall be issued, it shall be the duty
of the Commissioners Court to levy an annual ad valorem tax
on all taxable property within the County, sufficient to provide
for the payment of interest on such bonds and to create a sink-
Upcoming Pages
Here’s what’s next.
Search Inside
This book can be searched. Note: Results may vary based on the legibility of text within the document.
Tools / Downloads
Get a copy of this page or view the extracted text.
Citing and Sharing
Basic information for referencing this web page. We also provide extended guidance on usage rights, references, copying or embedding.
Reference the current page of this Book.
Gammel, Hans Peter Mareus Neilsen. The Laws of Texas, 1935-1937 [Volume 30], book, 1937; Austin, Texas. (https://texashistory.unt.edu/ark:/67531/metapth18825/m1/93/: accessed March 29, 2024), University of North Texas Libraries, The Portal to Texas History, https://texashistory.unt.edu; .