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when collected shall be turned over to the treasurer of such school district upon orders signed and countersigned in the manner provided by law for the execution of other school district orders. Such money shall be used only in the payment and redemption of such bonds, and such payment and redemption shall be made in the numerical order of said bonds, beginning with bond numbered one, in the following manner: The treasurer of said school district, immediately after so receiving sufficient money therefor, shall advertise in some newspaper published in the county in which said school district is located, if any there be, and if not, in a newspaper published nearest the county seat of said county, once a week for four consecutive weeks, that on a certain day, named in said advertisement, not more than five weeks after the time of the first publication thereof, he will pay or redeem certain of said bonds therein described by number, amount and date of issue thereof, and shall give notice in said advertisement that after the day so fixed for payment, the interest on the bonds described as aforesaid shall cease. After the day of payment so fixed in said notice the bonds so advertised and called to be paid shall cease to draw interest. In all districts, except districts having a school population of more than 30,000, the said payments shall be made at the office and in the presence of the county treasurer of the county, who shall make a minute of such payment upon his books. In school districts having a school population of more than thirty thousand such payment shall be made by the district treasurer or by any bank or banker authorized by the board of education to make such payment. In all cases bonds when paid shall be cancelled by the district treasurer and preserved by him and his successors for a period of five years after the date of the payment of all bonds issued by authority of such election.

Funds available ment of bonds

only for pay

Treasurer of district publish call

Bonds cease to when Payments, how

bear interest

and when made

record bonds

Section 17. Whenever any school district shall issue County Clerk to bonds under the provisions of this act, the board of education shall make and enter in and upon its records a request

Repealing clause

Emergency clause

that the county clerk and recorder of the county wherein such school district is situated register the bonds in a book to be kept by him for that purpose, and when so registered, the legality thereof shall not be open to contest by such district, or any person or corporation in behalf of such district for any reason whatever; and a certified copy of the order of the board, so made and entered of record, shall be furnished to the said county clerk and recorder by the said board of education, and thereupon it shall be his duty to register said bonds, noting the name of the district and the amount, the date of issuance and maturity and rate of interest of said bonds. He shall receive a fee of ten cents for registering each bond.

Section 18. Chapter 205 of the Session Laws of Colorado of 1908, being an act entitled "An act to enable school districts of this state to contract a bonded indebtedness for the purpose of erecting and furnishing school buildings, purchasing grounds and funding debts, and to repeal all act and parts of acts in conflict herewith," and all other acts and parts of acts inconsistent herewith are hereby repealed; provided, that the repeal of said acts and parts of acts shall in no wise affect any bonds issued thereunder. Any and all proceedings heretofore had, or which are now being had or carried forward under the act hereby repealed, or any or either of them, may be carried forward, completed or consummated under this act and bonds contem plated by such procedure may be issued in the form and with the terms and according to the provisions of this act.

Section 19. In the opinion of the General Assembly an emergency exists; therefore, this act shall take effect and be in force from and after its passage.

Approved: March 31, 1919.

CHAPTER 182

SCHOOL DISTRICTS

POWERS AND DUTIES OF OFFICERS

(S. B. No. 263, by Senator Booth)

AN ACT

RELATIVE TO THE POWERS AND DUTIES OF SCHOOL DIS-
TRICT OFFICERS, AND AMENDING SECTIONS 5922, 5934,
5935, AND 5940 OF THE REVISED STATUTES OF COLO-
RADO, OF 1908, AS AMENDED BY CHAPTER 201, OF THE
SESSION LAWS OF COLORADO, OF 1911, AND CHAP-
TER 121 OF THE SESSION LAWS OF COLORADO OF 1917.

Be It Enacted by the General Assembly of the State of Colorado:

Section 1. That Section 5922 of the Revised Statutes Section amended of Colorado be and the same is hereby so amended as to read as follows:

oath of office

The directors shall each within twenty days after his Directors file or her election appear before some officer authorized to administer oaths, and take an oath that he or she will faithfully perform the duties of his or her office required by law, and will support the constitution of the United States. the constitution of the State of Colorado, and the laws made pursuant thereto, which oath may be administered by the county superintendent or by the president of the board, and which oath shall be filed with the county superintendent; and in case of failure to so qualify within said period, his or her office shall be deemed vacant and the vacancy thus created shall be filled in the same manner as other vacancies in the office of director.

Treasurer of

district furnish bond-when

Treasurer of district deposit funds

If the amount of money liable to come into the hands of the treasurer in the discharge of his official duties exceeds twenty dollars at any one time, he shall, except in school districts having a school population of more than 30,000, give bond in double the amount of money liable to come into his hands, which amount shall be determined by the board of education, which bond shall be approved by and filed with the county superintendent. In school districts having a school population of more than 30,000, the funds of the school district, immediately after their receipt. by the district treasurer shall be deposited to the credit of the school district in a depository or depositories designated by the board of education. Each of such depositories shall be required to give bond with sureties approved by the county superintendent, in such sum or sums as shall be fixed by the board of education, which bond or bonds shall be conditioned for the payment of all sums so deposited upon demand of the school district; and the treasurer shall not deposit in any such depository, at any time, a sum greater Additional bond than the amount of the bond of that depository; provided,

Depositories required to give bond

Deposits not to exceed amount of bond

may be

demanded

District Treasurer shall give bond

Failure to give bond disqualifies officer

Vacancy declared after thirty days

that the district may from time to time require such depository or depositories to give additional bond, conditioned in like manner to cover additional amounts to be deposited with it or them. In such school districts the treasurer shall give bond in a sum to be fixed by the board of education, not less than 125 per cent. of the amount of money liable to be paid to him for deposit as aforesaid at any one time, which bond shall be approved by and filed with the county superintendent. The treasurer of any school district of any class who shall fail or refuse to give bond as above when required to do so by the board shall be disqualified from receiving any money on account of the district, until such bond is executed and filed, and if such failure shall continue for more than thirty days after such bond has been ordered by the board, the office of treasurer shall be deemed vacant and the vacancy so created shall be filled in the same manner as other vacancies.

The treasurer of all first class districts shall publish, semiannually in some newspaper published within the county wherein such district is located, a complete and full report of all receipts and expenditures of the said district's funds.

Section 2. That Section 5934 of the Revised Statutes Section amended of Colorado of 1908, as amended by Chapter 121 of the Session Laws of Colorado of 1917, be and the same is hereby so amended to read as follows:

The president when present shall preside at all meetings of the board and of the district. He shall sign all orders on the county treasurer and on the district treasurer for the payment of money. Provided, that in districts having a school population of more than 30,000 the signature of the president may be affixed to orders on the district treasurer by the vice-president, if there be one, or any person not an officer designated by the president for that purpose with the approval of the board, which person, other than the vice-president, shall give bond in the same amount as is required of the district treasurer, which bond shall be approved by and filed with the county superintendent.

Treasurer of

district preside

at meetings

drawn

Except in districts having a school population of more orders, to whom than 30,000, no orders shall be drawn on the county treasurer except in favor of parties to whom the district has become lawfully indebted. In districts having a school population of more than 30,000 the funds of the district shall be held and distributed by the district treasurer to persons to whom the district shall have become lawfully indebted, in accordance with the orders of the board.

side in absence of President-when

In districts of the second and third classes, in the ab- Secretary presence of the president, the secretary shall preside at board and district meetings. In districts of the first class the board may elect one of their members vice-president. In such cases the vice-president in the absence of the president shall preside at board and district meetings. In case of the absence or inability of the president to perform any of his duties, or in case of his refusal to do so when so ordered by

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