WM. T. HAMILTON, ESQUIRE, GOVERNOR.

315

of which shall be endorsed on all renewals) shall

be the first called for and redeemable, and after

due notice for at least thirty days in sonic news-

paper published in said county, the interest on

the bonds thus called for redemption and not pre-

sented for payment shall cease, and upon the re-

When inter-
est ceases.

demption and payment of any bond the same shall

be cancelled by the said county commissioners

fully and thoroughly, but the imprint, signature

and material parts shall be left legible, and the

cancelled bond shall bo carefully preserved for

five years from the date of cancellation.

SEC. 12. And be it further enacted, That the said

county commissioners are hereby further author-

ized and empowered to make and effect tempo-

Effect tem-

rary loans for the use of the said county upon

poraty loans.

notes or drafts signed by them or a majority of

them, and countersigned by the clerk, with the

seal of the office, for sums in all not exceeding

three thousand dollars at any one time, payable

with interest in less time than six months from

the date thereof, and they may hypothecate and

deliver the said bonds as collateral security there-

for, and they shall levy upon the assessable prop-

erty of the county taxes sufficient to satisfy the

same loans, or satisfy the same from taxes and

money collectable and due.

SEC. 18. And be it further enacted, That the said

county commissioners are hereby authorized and

empowered to issue bonds in renewal of such

Issue bonds.

bonds as may be satisfactorily transferred or as-

signed, and in the event of satisfactory evidence

of the loss and destruction of any bond outstand-

ing, and ample security approved by them to save

them harmless from any loss on account thereof,

they may issue a duplicate bond in the place

thereof, and the said county commissioners in all

renewals shall endorse the number and date of

the original bond.

SEC. 14. And be it farther enacted, That it shall

not be lawful for the said treasurer, during his

continuance in office, to have, hold, purchase or

Treasurer not
to acquire for

acquire for his own use, either directly or indi-

own use.

rectly, any claim on or against the said county, or

any share or interest therein, whether the same