The Laws of Texas, 1927 [Volume 25] Page: 74 of 1,111
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58 GENERAL AND SPECIAL LAWS.
the Government of the United States to exercise its right of
eminent domain, and lend its credit in guaranteeing the Government
of the United States to pay such judgment or assessment
of damages, as may be entered against said Government
of the United States, for the value of such property as it may
condemn for such right-of-way and necessary dumping privileges.
SEC. 4. The commissioners' court of any county in this State
may, upon its own motion, and shall, upon a petition presented
to it by twenty-five of the resident property tax payers therein
at a regular or special term of said court, order an election for
the purpose of determining as to whether or not said county
shall issue bonds or warrants, or otherwise lend its credit for
the purpose of navigation or in aid thereof, by securing the
necessary right-of-way and necessary dumping privileges, for
the purposes indicated in Section 1 hereof; said election order
shall describe as near as may be, the navigation purposes, or
the aid thereto proposed, or the right-of-way and necessary
dumping privileges, necessary to be secured and the amount of
bonds or warrants, or extent of credit proposed to be authorized
for such purpose; and if bonds or warrants are to be issued, their
maturing dates and the rate of interest; and if it is proposed to
lend the credit of the county in lieu of the issuance of bonds
or warrants, said election order shall state the manner in which
said credit is proposed to be used, and the extent thereof, and
the terms and conditions thereof; twenty days notice of the
holding of said election shall be given by publication in some
newspaper published at the County Seat of said county, and by
posting in three public places in the county, one of which shall
be at the County Seat.
SEC. 5. The ballots for said election shall have printed thereon,
the words and none other, "For the issuance of bonds (or
warrants) or (loaning of credit) and levy of a tax in payment
thereof"; and "Against the issuance of bonds (or warrants) or
(loaning of credit) and levy of a tax in payment thereof".
SEC. 6. If the proposition submitted to the voters of said
county is, at said election, adopted by them, the commissioners'
court shall enter the same in the Minutes of said court, setting
out the date of election, the notice of election, the result of the
election, togther with an order providing for the issuance of
such bonds, or warrants, stating the amount thereof, the maturities
thereof, and the rate of interest, and at the same time levy
a tax sufficient to pay the interest of said bonds or warrants,
and providing a sinking fund sufficient to liquidate same at
maturity, or as the case may be, setting out the mode and manner
and conditions under which it is determined at said election
to lend its credit and the extent thereof.
SEC. 7. If, at said election, the credit of the county is to be
used otherwise than by the issuance of bonds or warrants, and
in such manner as that its use creates a debt against the county,
the commissioners' court, shall at a regular or special term
thereof, at the time of the entering of said order, authorizing
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Gammel, Hans Peter Mareus Neilsen. The Laws of Texas, 1927 [Volume 25], book, 1927; Austin, Texas. (texashistory.unt.edu/ark:/67531/metapth16125/m1/74/: accessed June 23, 2017), University of North Texas Libraries, The Portal to Texas History, texashistory.unt.edu; .