The Laws of Texas, 1822-1897 Volume 7 Page: 571
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Laws of the State of Texas.
119
visions of this act shall be and is hereby returned to the general
fund of the Treasury.
Sec. 3. That this act shall take effect from and after its
passage.
Passed May 30, 1873.
[Note.-The foregoing act was presented to the Governor
of Texas for his approval on the second day of June, A. D.
1873, and was not signed by him, or returned to the house
in which it originated, with his objections thereto, within the
time prescribed by the Constitution, and thereupon became a
law without his signature.-James P. Newcomb, Secretary
of State.]
CHAPTER LXXVII.
An Act to authorize the holders of State Warrants to surrender
the same to the State Treasurer and receive State
Bonds in lieu thereof.
Section 1. Be it enacted by the Legislature of the
State of Texas, That the Governor be and he is hereby
authorized and required to have printed bonds of said State,
of the denomination of one hundred dollars each, to the
amount of five hundred thousand dollars, payable ten years
after date, but redeemable at the pleasure of said State at
any time after three years from their date, drawing interest
at the rate of ten per cent. per annum, payable semi-annually
at the Treasury of said State on the first days of January and
July of each year; which bonds shall be numbered consecutively
from one upwards, shall be signed by the Governor
and Treasurer of the State, and countersigned and registered
by the Comptroller of Public Accounts. The date of said
bonds and the person to whom they are payable, shall be left
blank, and they shall be deposited with the State Treasurer.
Sec. 2. Any holder of State warrants shall have the right
to surrender them to the State Treasurer, in sums of one or
more hundreds of dollars, and receive in lieu thereof an equal
amount of the foregoing bonds, in the following manner, viz:
ITpon application to the Comptroller of Public Accounts, he(571)
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Gammel, Hans Peter Mareus Neilsen. The Laws of Texas, 1822-1897 Volume 7, book, 1898; Austin, Texas. (https://texashistory.unt.edu/ark:/67531/metapth6732/m1/573/?rotate=90: accessed July 16, 2024), University of North Texas Libraries, The Portal to Texas History, https://texashistory.unt.edu; .