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LAWS OF THE STATE OF NEVADA
PASSED AT THE
SPECIAL SESSION OF THE LEGISLATURE
CHAPTER 1-An act to create a legislative fund.
[Approved February 29, 1912] The People of the State of Nevada, represented in Senate and
Assembly, do enact as follows: SECTION 1. For the purpose of paying the mileage and the State Treasper diem of members of the present legislature, the salaries of urer required the officers and attachés and the incidental expenses of the money respective houses thereof, the state treasurer is hereby authorized and required to set apart from any money in the general fund not otherwise especially appropriated, the sum of fifteen thousand dollars, which shall constitute the legislative fund.
Sec. 2. The state controller is hereby authorized and Controller required to draw his warrants on said fund in favor of the
authorized members, officers, and attachés of the senate and assembly, warrant for per diem, mileage, stationery allowances, compensation and incidental expenses of the respective houses, when properly certified to, in accordance with law, and the state treasurer is hereby authorized and required to pay the same.
Sec. 3. All moneys remaining in said fund, at the adjournment of the legislature, shall revert to the general fund.
CHAP. 2–An act authorizing a state loan.
[Approved February 29, 1912] The People of the State of Nevada, represented in Senate and
Assembly, do enact as follows: SECTION 1. For the purpose of keeping the state on a cash Loan of basis, without resorting to an onerous rate of taxation, the sum of two hundred thousand dollars is hereby authorized from state
school fund to be borrowed for the use and benefit of the general fund of the state, at such times and in such amounts as may be neces
On issue of
ers, Controller to draw war
sary to meet the requirements of the state government, from the state school fund.
SEC. 2. Said loan shall bear interest at the rate of four Interest 4% per cent per annum and shall be payable at any time within per annum, twenty years from the date of issue of the bonds hereinafter
provided for. The said interest shall be paid semiannually annually
on the first days of July and January of each year, and the state controller is hereby directed to draw his warrant on the state interest and sinking fund for the amount of said semiannual interest, when due, and in favor of the general school fund; and for the regular and prompt payment of said interest the faith and credit of the state is hereby pledged.
Sec. 3. The provisions of this act shall be executed under
the direction of a board of commissioners consisting of the bonds by commission governor, state treasurer and state controller, and on the
order of said board and the issue of the requisite bonds, the
state controller shall draw his warrant on the state school Fant 0 state fund and in favor of the general fund of the state, for the
amount to be borrowed and he shall deposit in the fund drawn upon, bonds as herein provided, in the amount of the money drawn therefrom.
Sec. 4. The state controller shall cause the bonds to be Controller to prepared that are to be used in pursuance of this act, and have bonds
each bond shall state in substance that the State of Nevada prepared
will pay to the state school fund, the amount of the bond within twenty years from the date of issue, and interest semiannually at the rate of four per cent per annum.
The said bonds shall be signed by the governor, countersigned by the state controller, indorsed by the state treasurer, and authenticated by the great seal of the state.
Sec. 5. There shall be levied and collected for the fiscal Ad valorem, year commencing January 1, 1912, and annually thereafter, annual tax of
until the bonds provided for in this act are fully paid, an ad valorem tax of three cents upon each one hundred dollars of all taxable property in this state, including the net proceeds of the mines. The revenue derived from said tax shall be paid into the state interest and sinking fund, and is hereby set apart, appropriated and pledged, as well as the faith of the State of Nevada, for and to the payment, both principal and interest, of all bonds of said state issued in pursuance of this act.
Sec. 6. It shall be the duty of the state treasurer and state State Treas- controller to make definite arrangements for the payment of Controller to the interest on said bonds when the same shall become due, arrange for and the state controller is hereby directed to draw his warrant payment of
on the state interest and sinking fund, for said interest, on an order by the state treasurer, and apportion said interest to the general school fund for the use and benefit of the schools of the state.
Sec. 7. Whenever at the time of paying the semiannual interest of the bonds provided to be issued by this act, there
3 cents on each $100
shall remain a surplus, after the payment of such interest, Interest surover and above the amount which it may be necessary to plus to apply reserve for the payment of the next semiannual interest, of one thousand dollars or more in the state interest and sinking fund, such surplus shall be applied to the payment of the loan herein authorized to be made by the cancelation and retirement of bonds to the amount of such surplus.
SEC. 8. The bonds provided for by this act shall be of the Bonds to be dt nomination of one thousand dollars each payable in gold
tion of $1,000 coin of the United States, and they shall be numbered in sequence, each bond bearing a different number and all or any of such bonds may be retired at the time of any such semiannual payment of interest by paying the principal of and all the interest due upon any such bond or bonds so retired; provided, that whenever any such bond or bonds are retired as aforesaid, the bond bearing the smallest serial to be number shall be the first retired, then the bond bearing the
beginning next smallest number shall be next retired and so on in smallest sequence of numbers until each and all of such bonds are fully retired.
CHAP. 3-An act to fix the state tax levy, and to distribute the
same to the proper funds.
[Approved March 4, 1912] The People of the State of Nevada, represented in Senate and
Assembly, do enact as follows: SECTION 1. For the fiscal year commencing January first, Annual state nineteen hundred and twelve, and annually thereafter, an ad tax to be 60 valorem tax of sixty cents on each one hundred dollars of $100 of tax.
able property taxable property is hereby levied and directed to be collected for state purposes, upon all taxable property in the state, including the net proceeds of mines and mining claims, except such property as is by law exempt from taxation, which shall be apportioned by the state controller among the various funds of the state as follows:
General fund, thirty-nine and six-tenths cents; state inter- Apportionest and sinking fund, three cents; territorial interest fund,
ment of tax three cents; general school fund, six cents; contingent university fund, five cents; contingent university fund, 1905, No. 1, one-tenth of one cent; contingent university fund, 1905, No. 2, three-tenths of one cent; state prison interest and sinking fund, three cents.
SEC. 2. All acts or par of acts in conflict with the provisions of this act are hereby repealed.
CHAP. 4 An act to repeal section three and to amend section
six of an act entitled “An act to provide for the purchase, publication, distribution and sale of a digest of the Nevada Supreme Court reports, and making an appropriation therefor," approved March 20, 1911.
[Approved March 4, 1912) The People of the State of Nevada, represented in Senate and
Assembly, do enact as follows: SECTION 1. Section three of an act entitled “An act to provide for the purchase, publication, distribution and sale of a digest of the Nevada Supreme Court reports, and making an appropriation therefor," approved March 20, 1911, is hereby repealed.
Sec. 2. Section six referred to in the title, and in section one of this act, is hereby amended to ead as follows:
Section 6. The sum of twenty-five hundred dollars ($2,500) is hereby appropriated, out of any moneys in the state treasury not otherwise appropriated, for the purpose of purchasing said manuscript.
Section 3 repealed
Section 6 amended
CHAP. 5-An act to provide for copying the journal of the
senate for the special session.
[Approved March 4, 1912] T'he People of the State of Nevada, represented in Senate and
Assembly, do enact as follows: SECTION 1. The sum of fifty dollars is hereby appropriated Appropria out of the legislative fund to be paid to Mabel Dodson for tion for
copying the journal of the senate for the special session of copying Senate the Nevada State Legislature for the state printer. journal
SEC. 2. Upon receipt of a certificate from the Honorable Secretary of George Brodigan, secretary of state, that the journal of the certify
senate has been correctly copied and delivered to the secretary of state, the controller shall draw his warrant in favor of said Mabel Dodson named in section one of this act for the sum of fifty dollars, and the state treasurer shall pay the same.
CHAP. 6—An act to provide for copying the journal of the
assembly for the special session.
(Approved March 4, 1912] The People of the State of Nevada, represented in Senate and
Assembly, do enact as follows: SECTION 1. The sum of fifty dollars is hereby appropriated out of the legislative fund to be paid to Miss Irene Barkley for copying the journal of the special session of the Nevada State Legislature for the printer.
Appropriation for copying Assembly journal