The Laws of Texas, 1929-1931 [Volume 27] Page: 83 of 1,943
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FORTY-FIRST LEGISLATURE-FOURTH CALLED SESSION. 71
hereby suspended, and that this Act shall take effect and be
in force from and after its passage, and it is so enacted.
Effective 90 days after adjournment.
[NOTE.-S. B. No. 34 passed the Senate by a vote of 22 yeas,
0 nays; passed the House with amendment by a viva voce vote;
Senate concurred in House amendment by viva voce vote. Was
received in the executive office February 18, 1930, and in the
Department of State February 19, 1930, without the Governor's
REFUNDING BONDS OF CONSERVATION AND
H. B. No. 59.] CHAPTER 34.
An Act to amend Chapter 8, Title 128, Revised Civil Statutes of Texas,
by adding thereto Article 8197 (a), authorizing any district that may
have availed itself of the provisions of Article 8195 and become a
Conservation and Reclamation District to issue bonds of said district
for the purpose of refunding any indebtedness incurred prior to the
time of such change and to levy a tax in payment thereof; and declaring
Be it enacted by the Legislature of the State of Texas:
SECTION 1. That Chapter 8, Title 128, of the Revised Civil
Statutes of the State of Texas, be, and the same is hereby,
amended by adding thereto Article 8197 (a), as follows:
"Article 8197 (a)
Any Water Improvement Drainage or Levy Improvement District,
organized under the laws of this State as a defined District
under Section 52 of Article 3 of the Constitution, that may
have availed itself to the provisions of this Chapter and become
a Conservation and Reclamation District, or that may hereafter
avail itself of the provisions of this Chapter and become a Conservation
and Reclamation District, and which may have issued
bonds prior to such change, may issue its Refunding Bonds
under the provisions of Section 59 of Article 16 of the Constitution
for the purpose of retiring such outstanding bonds. Such
Refunding Bonds shall not bear a greater rate of interest than
the bonds in lieu of which they are issued. Interest shall be
evidenced by coupons attached to such bonds, and such bonds,
and interest coupons shall become due and payable on the same
date or dates as the original bonds and coupons; and a sufficient
tax levy to meet the payment of the principal and interest of
said Refunding Bonds shall be made before the delivery thereof
to the holder or holders of any of the outstanding Bonds, or
before any of such bonds shall be offered for sale for the purpose
of retiring any of said outstanding Bonds as hereafter
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Gammel, Hans Peter Mareus Neilsen. The Laws of Texas, 1929-1931 [Volume 27], book, 1931; Austin, Texas. (texashistory.unt.edu/ark:/67531/metapth16362/m1/83/: accessed March 24, 2018), University of North Texas Libraries, The Portal to Texas History, texashistory.unt.edu; .