The Laws of Texas, 1923-1925 [Volume 22] Page: 83 of 1,648
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SPECIAL LAWS. 73
SEC. 11. The board of trustees of said Sour Lake Independent
School District shall have the power to levy and collect an annual
ad valorem tax, not to exceed one ($1.00) dollar on the one hundred
($100.00) dollars valuation, on all taxable property within the district,
for the maintenance of the schools therein; and a tax not to
exceed one ($1.00) dollar on the one hundred ($100.00) dollars
valuation (,f taxable property, for the purchase of sites, and for
purcha,.inx,: constructing, repairing and equipping public free
school building, within the limits, of said district; provided that
the amount of said bond tax of said district. shall never exceed one
($1 00) dollar on the one hundred ($100.00) dollars valuation of
taxable property in said district; the amount of tax for maintenance
purposes to be determined by the board of trustees and not
in exces of the limits herein provided for such taxes.
Said board of trustees shall have the power to issue coupon
bonds of said district for building( .purposes, and for furnishing
and equippinua public free school buildings, and purchasing sites
therefor, to be payable in not exceeding forty (40) years from
their date, in such sums as they shall deem expedient, provided
the amount of same shall not exceed seven per cent of the amount
of taxable property in said district, said bonds to bear interest, not
to exceed six per cent, per annum with option of redemption at
any time after ten years, and to levv a tax sufficient to pay the interesi
fon said bonds, and create a sinking fund sufficient to redeem
them at maturity. And provided further, that no such maintenance
tax shall be levied and no such bonds issued nor bond tax
levied until after an election shall have been held. wherein a majority
of the property tax paying voters of said independent school
district, voting at such an election, shall have voted in favor of such
tax or tlhe issuance of said bonds, as the case mav be; provided the
specific rate of tax need not be determined in the election, but the
amount of such bonds to be issued shall be determined in the election.
SEC. 12 A\ nart of the territory described in Section 1 hereof
's taken frcm the Batson Independent School District of Hardin
County, Texas. and the said territory so taken from said Batson
Tldependent School District shall remain chargeable with its pro
rata part of the outstanding bonded indebtedness existing against
the Batoni Tludenerndent School TDstrict.
SEC 13. In the event any of the territory described in Section
1 of this Act is taken from any other bonded school district, then
the territory of such district shall remain chargeable with its pro
rata part of any such outstanding bonded indebtedness.
SQc 14. In ease any of the provisions of this Act shall be held
to be ineffectual or unconstitutional, such action by the courts shall
not invalidate the remaining parts of this Act.
SF.C 15. All laws. and parts of laws in conflict herewith are
her by repealed insofar as they conflict with this Act.
SEC. 16. The importance of this legislation to the people of said
district creates an emergency and an imperative public necessity
that the constitutional rule requiring that bills be read on three
several times, be suspended, and the same is hereby suspended, and
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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/m1/83/: accessed October 23, 2017), University of North Texas Libraries, The Portal to Texas History, texashistory.unt.edu; .