The Laws of Texas, 1925 [Volume 23] Page: 35 of 822
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SPECIAL LAWS. 23
of said district, and of purchasing sites therefor; provided, however,
that the amount of maintenance tax together with the bond
tax of said district, shall never exceed the limit as now fixed or
as may hereafter be adopted. Said trustees shall have power to
issue coupon bonds of said district for building purposes, and to
equip such buildings, which bonds shall be payable not exceeding
forty years from their date, in such sums as they shall deem
expedient, and to bear interest not to exceed six per cent per
annum; provided however, that when such buildings are to be
constructed of wooden materials, the bonds herein provided for
shall not run for a longer period than twenty years; provided,
that the aggregate amount of bonds for the above named purposes
shall never reach such amount that the tax permitted by
law to be voted for such purposes on the taxable property within
said independent school district shall not be sufficient to pay the
current interest and create a sinking fund sufficient to pay the
principal at maturity; and provided further, that no such tax
shall be levied and no such bonds shall be issued until after an
election shall have been held within said district wherein a
majority of the property taxpaying voters voting at an election
to be held for that purpose shall have voted in favor of the levying
of the tax or the issuance of such bonds, or both, as the case
may be; provided, that the specific rate of tax need not be determined
at said election.
SEC. 8. The election provided for in the preceding section
hereof shall be ordered by the trustees on the petition of at least
twenty property taxpaying voters of said independent school
district at any time not less than thirty days from the order of
election; or said election may be ordered by the board of trustees
on their own motion and initiative, which order shall state the
date when and the place where the election shall be held; and
the amount of tax to be levied, or the amount of bonds to be
issued, or both, as the case may be, and the trustees shall also
name and appoint therein a manager or managers of election,
which election shall be held as nearly as may be possible in conformity
with the general election laws of the State; provided,
that when a proposition to levy such tax or to issue such bonds
may be defeated, no election for that purpose shall again be
ordered until after the expiration of one year. The trustees
shall give public notice of the election herein provided for in
the manner now prescribed by law, and the general election
laws of the State of Texas applicable to voting of taxes and bonds
in independent school districts and returns thereof are hereby
made applicable to the independent school district hereby
created.
SEC. 9. The assessor and collector of taxes of the district
shall have the power and shall perform the same duties, with
reference to the assessment and collection of taxes for free
school purposes as are now conferred by law upon the city marshal
of any incorporated town or village, and he shall receive
compensation for his services in such amount as the board of
trustees shall allow, not to exceed four per centum of the whole
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Gammel, Hans Peter Mareus Neilsen. The Laws of Texas, 1925 [Volume 23], book, 1925; Austin, Texas. (https://texashistory.unt.edu/ark:/67531/metapth15499/m1/35/: accessed April 23, 2024), University of North Texas Libraries, The Portal to Texas History, https://texashistory.unt.edu; .