General Code of the State of Ohio Volume 2 - Bookswagon UAE
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General Code of the State of Ohio Volume 2

General Code of the State of Ohio Volume 2


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This historic book may have numerous typos and missing text. Purchasers can download a free scanned copy of the original book (without typos) from the publisher. Not indexed. Not illustrated. 1910 Excerpt: ...bonds, and the proceeds thereof, excepting the premiums and accrued interest, shall be placed in the treasury of suchmunicipality and be used only for the purpose of erecting or completing and equipping such additional buildings as may have been specified in the resolution and ordinance calling for their issue. (99 v. I 33 3.) SECTIO_N 7913. In the use of such fund for such purpose. all power and control shall be vested in the board of directors of the municipal university. Such board shall make any con tracts necessary for the erection or completion of the buildings specified, and the equipment thereof; supervise their erection, completion and equipment, and issue proper vouchers for the payment out of such fund of moneys due under such contracts, and for any other expenses connected with the erection, completion, and equipment of such buildings. The amount of premium and accrued interest arising from the sale of the bonds shall be paid into the sinking fund. (99 v. 133 3.) SECTION 7914. The trustees of the sinking fund of any municipality issuing bonds under the above authority, annually shall levy a tax sufficient to pay the interest, and to provide a sinking fund for the final redemption of the bonds at maturity. SECTION 7915. The board of directors of a. university, college or other educational institution of any municipal corporation, in the name and on behalf of such corporation, may accept and take any property or funds heretofore or hereafter given to such corporation for the purpose of founding, maintaining or aiding a university, college or institution for the promotion of education, and upon such terms, conditions and trusts consistent with law as such board deems expedient and proper for that end. SECTION 7916. For the further end...


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Product Details
  • ISBN-13: 9781150887857
  • Publisher: Rarebooksclub.com
  • Publisher Imprint: Rarebooksclub.com
  • Height: 246 mm
  • No of Pages: 506
  • Spine Width: 26 mm
  • Width: 189 mm
  • ISBN-10: 1150887850
  • Publisher Date: 01 May 2012
  • Binding: Paperback
  • Language: English
  • Returnable: N
  • Weight: 894 gr

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