The Laws of Texas, 1929-1931 [Volume 27] Page: 832 of 1,943
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386 GENERAL LAWS.
6. The amount of said bonds redeemed since last report, and
the amount still outstanding."
Provided, however, that such Treasurers shall not be required
to include in said Report an account of warrants and other evidences
of debt which will become due before the 31st day of
December of the year for which the report is made.
SEC. 2. The fact that under the present laws the County and
City Treasurers are not required to report all of the outstanding
indebtedness, and that it is a matter of great public importance
that such reports shall reflect the true condition of such
counties and cities, create an emergency and an imperative public
necessity that the Constitutional Rule requiring bills to be
read on three several days in each House be and the same is
hereby suspended, and that this Act shall take effect and be in
force from and after its passage, and it is so enacted.
Approved May 27, 1931.
Effective May 27, 1931.
[NOTE: S. B. No. 303 passed the Senate by a vote of 28 yeas,
0 nays; passed the House by a vote of 100 yeas, 2 nays.]
INVESTMENT OF PERMANENT FUNDS, STATE
INSTITUTIONS.
H. B. No. 588.] CHAPTER 231.
An Act to provide for the investment of the permanent funds of the
Texas School for the Blind, Texas School for the peaf, Austin State
Hospital, State Orphans' Home and other permanent funds the investment
of which is not otherwise provided for, and declaring an
emergency.
Be it enacted by the Legislature of the State of Texas:
SECTION 1. The State Depository Board is hereby authorized
and empowered to invest the permanent funds of the Texas
School for the Blind, Texas School for the Deaf, Austin State
Hospital, State Orphans' Home and any other permanent funds
the investment of which is not otherwise provided for, whenever
such permanent funds shall have as much as one thousand dollars
($1000) of funds on deposit with the State Treasurer which
are not invested, and it is hereby made the duty of the State
Depository Board to invest such funds in the same class of
bonds as are authorized for investment of the permanent school
fund.
SEC. 2. The fact that large balances of funds belonging to
the permanent funds of institutions of the State are on deposit
with the State Treasurer and no one is specifically charged with
the duty of investing such funds, and that interest is being lost
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Gammel, Hans Peter Mareus Neilsen. The Laws of Texas, 1929-1931 [Volume 27], book, 1931; Austin, Texas. (https://texashistory.unt.edu/ark:/67531/metapth16362/m1/832/: accessed May 21, 2024), University of North Texas Libraries, The Portal to Texas History, https://texashistory.unt.edu; .