The Laws of Texas, 1923-1925 [Volume 22] Page: 64 of 1,648
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54 SPECIAL LAWS.
to bear interest not to exceed five per cent per annum; provided,
however, that when such buildings are to be constructed of wooden
materials, the honds herein provided for shall not run for a longer
period than twenty years: provided, that the aggregate amount of
bonds for the above named purposes shall never reach such amount
that the tax permitted by law to be voted for such purposes on the
taxable property within said independent school district shall not
be sufficient to pav the current interest and create a sinking fund
sufficient to pay the principal at maturity; and provided further
that no such tax shall be levied and no such bonds shall be issued
until after an election shall have been held within said district
Therein a majority of the property tax paying voters voting at
an election to be held for that purpose shall have voted in favor of
the levying of the tax or issuance of such bonds, or both, as the
ease may be; provided, that the specific rate of tax need not be
determined at said election.
SEC. 9. The election provided for in the preceding section hereof
shall be ordered by the trustees on the petition of at least twenty
property tax paying voters of said independent school district at any
time not less than thirty days, from the order of election; or said
election may be ordered by the board of trustees on their own
motion and initiative, which order shall state the date when and
1he place where the election shall be held; and the amount of tax
to be levied or the amount of bonds to be issued, or both, as, the
case may be, and the trustees shall also rname and appoint therein
a manager or managers of election. which election shall be held
as nearly es may be possible in conformity with the general election
laws of the State; provided, that when a proposition to levy such
tax or to issue such bonds mav be defeated, no election for that
purpose shall again be ordered until after the cxpiratli(n of one
year. The trustees shall give public notice of the elections herein
provided for in the manner now prescribed by law, and the general
election laws of the State of Texas applicable to voting of taxes
and bonds in independent school districts and returns thereof are
hereby made applicable to the independent school district hereby
SEC. 10. The assessor and collector of taxes of the district shall
have the power and shall perform the same duties, with reference
to the assessment and collection of taxes for free school purposes
that are now conferred by law upon the city marshal of any incorporated
town or village. and lie shall receive compensation for
his services in such amount as the board of trustees shall allow,
not to exceed four per centunm of the whole amount of taxes received
by him. and he shall give bond, to be approved by the Ioard of
trustees, in double the estimated amount of taxes coming annually
into his hands, which bond shall be made payable to the president of
the board of trustees and to his successors in office, conditioned for
the faithful discharge of his duties, and the payment of the taxes
eceived by him to the treasure
of said independent school district.
SEC. 11. When a majority of the board of trustees of said district
prefer to have the' taxes of their district assessed by the county
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Gammel, Hans Peter Mareus Neilsen. The Laws of Texas, 1923-1925 [Volume 22], book, 1925; Austin, Texas. (texashistory.unt.edu/ark:/67531/metapth15500/m1/64/: accessed January 22, 2018), University of North Texas Libraries, The Portal to Texas History, texashistory.unt.edu; .