ALBERT C. RITCHIE, GOVERNOR. 745
their numerical order to the amount of one thousand dollars
($1, 000. 00) in each and every year beginning May 1st, in the
year nineteen hundred and twenty-nine, and that said bonds
with interest thereon shall be paid and cancelled by the said
The Commissioners of Denton in the amount of one thousand
dollars ($1, 000. 00) during each and every year beginning as
aforesaid until the whole of said bonds shall have been paid,
and the date of issue shall be the same on all bonds under this
Act. which date shall be May 1st, 1924, and the same shall be
advertised by the Commissioners of Denton and sold to the
highest bidder for cash; but the right is reserved unto the Com-
missioners of Denton to reject any and all bids.
SEC. 5. And be it further enacted, That for the purpose of
securing the prompt payment of all instalments of interest
thereon as the same shall become due semi-annually as afore-
said and for the purpose of redeeming said bonds at maturity,
the Commissioners of Denton are hereby authorized and di-
rected to levy annually a special tax upon the assessable prop-
erty of the Town of Denton in such sum as may be necessary
and sufficient to pay the interest on said bonds semi-annually
and to redeem one thousand dollars ($1, 000. 00) of said bonds
annually commencing May 1st, 1929, as aforesaid, until the
same have been fully redeemed and retired, and that the said
special tax hereby authorized to be levied in this Section shall
be in addition to the amount already heretofore authorized by
the Charter of Denton and shall be collected at the same time
and in like manner as other taxes levied in said town are col-
lected: and that upon the redemption of all of said bonds and
the payment of the interest thereon as aforesaid, then this
special tax herein provided for shall cease.
SEC. 6. And be it further enacted, That all the provisions
of the Charter of Denton or any amendments thereto contrary
to the intent and purpose of this Act are hereby repealed for
the purposes of this Act in so far as they are inconsistent here-
with.
SEC. 7. And be it further enacted, That this Act is hereby
declared to be an emergency law, and necessary for the imme-
diate preservation of the public safety, and being passed upon
a yea and nay vote, supported by three-fifths of all members
elected to each of the two Houses of the General Assembly, the
same shall take effect from the date of its passage.
Approved April 9, 1924.
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