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Act repealed.

CHAPTER 54.

An Act to repeal an act entitled "A supplement to an act relative to sales of land under a public statute or by virtue of any judicial proceedings (Revision)," approved March twenty-seventh, one thousand eight hundred and seventy-four, which supplement was approved April first, one thousand nine hundred and

ten.

BE IT ENACTED by the Senate and General Assembly of the State of New Jersey:

I. An act entitled "A supplement to an act relative to sales of land under a public statute or by virtue of any judicial proceedings (Revision)," approved March twenty-seventh, one thousand eight hundred and seventy-four, which supplement was approved April first, one thousand nine hundred and ten, be and the same is hereby repealed.

2. This act shall take effect immediately
Approved March 8, 1912.

84-C-55
R-1914-240

Bond issue.

CHAPTER 55.

Further Supplement to the act entitled "An act to establish public parks in certain counties in this State, and to regulate the same," approved March fifth, one thousand eight hundred and ninety-five.

BE IT ENACTED by the Senate and General Assembly of the State of New Jersey:

1. To meet the further expenses to be incurred under the provisions of the act to which this is a further supplement for the acquisition, development and im

provement of parks and parkways in any county in this State in which said act shall or may hereafter be in force, and in which the sum limited in said act and in any supplement thereto shall have been already appropriated, the board of chosen freeholders of the said county may from time to time, on the requisition of the said board of park commissioners, in the name and on the credit of the said county, borrow money by issuing the bonds of the said county to a sum not exceeding Amount. in the aggregate three hundred and fifty thousand ($350,000) over and above the total amount theretofore issued, such bonds to run for a term not exceeding Term. fifty years, to bear interest at a rate not exceeding four Rate. per centum per annum, payable semi-annually; such bonds shall not be sold or disposed of at less than their par value, and may be made payable at any place which the said board of chosen freeholders may determine, and they shall also determine the form of the bond. A sinking fund shall be established by the said board Sinking fund. of chosen freeholders on the issuing of any such bonds. sufficient with the accumulations thereof to extinguish the principal of the said bonds so issued when due. The interest and principal of the bonds issued under Provision for the authority of this act shall be the debt or obligation of the county wherein they are issued, and the payment thereof shall be provided for by taxation in the same manner that other debts and obligations of the county are provided for by taxation. The proceeds of the Proceeds. sale of said bonds, after deducting expenses for negotiating the same and for engraving, and all other expenses connected with their issue and sale, shall be paid over to the said park commission.

payment.

2. All acts and parts of acts inconsistent with the Repealer. provisions of this act are hereby repealed, and this act shall take effect immediately.

Approved March 11, 1912.

Section 10 amended.

Use of parallel nets.

Proviso.

Proviso.

Proviso.

CHAPTER 56.

An Act to amend an act entitled "An act regulating fishing in the waters of the Delaware river and bay, between the States of New Jersey and Delaware and all the tributaries of said river and bay within said limits wherein the tide ebbs and flows," approved April twenty-seventh, one thousand nine hundred and eleven.

Be it enacted by the Senate and General Assembly of the State of New Jersey:

1. Section ten of the act of which this act is amendatory be and the same is hereby amended so as to read as follows:

10. It shall be unlawful to use a parallel net, otherwise a net set approximately parallel with the shore in the Delaware river and bay lying between the States of New Jersey and Delaware and any of the tributaries of said river and bay within said limits wherein the tide ebbs and flows, and at low-water mark, between the first day of June and the thirty-first day of August in each year, and it shall be lawful to use such parallel net from the first day of September to the thirty-first day of May, inclusive, next ensuing in each year for the purpose of taking carp only; provided, that the meshes of said net be not less than three and one-half inches, stretched measure, when being fished; provided, that seines not smaller than two and one-half inch mesh and cast nets may be used from September first to May thirty-first of each year, for the purpose of taking catfish, carp and suckers only; and provided further, that no such net shall be set in such manner as to impede navigation. All other fish than catfish, carp and suckers must be returned unharmed to the water beyond low-water mark. Any person violating any of the provisions of this section shall, on conviction there

of, be subject to a fine of one hundred dollars, together Penalty. with a forfeiture of all nets and other appliances used.

2. This act shall take effect immediately. Approved March 11, 1912.

CHAPTER 57.

An Act to amend an act entitled "An act to establish a thorough and efficient system of free public schools and to provide for the maintenance, support and management thereof," approved October nineteenth, one thousand nine hundred and three.

Be it enacted by the Senate and General Assembly of the State of New Jersey:

amended.

Method of

raising money

for lands

or buildings.

1. Section seventy-six of the above-recited act is Section 76 hereby amended so that the same shall read as follows: 76. Whenever a city board of education shall deide that it is necessary to raise money for the purchase of lands for school purposes, or for erecting, enlarging, repairing or furnishing a school-house or school-houses, it shall prepare and deliver to each member of the board of school estimate of such school district a statement of the amount of money estimated to be necessary for such purpose or purposes; said board of school estimate shall fix and determine the amount necessary for such purpose or purposes, and shall make two certificates of such amount, one of which certificates shall be delivered to said board of education, and the other to the common council, board of finance or other body in the city having the power to make appropriations of money raised by tax in such city; said com- Appropriation. mon council, board of finance or other body may appropriate such sum or sums for such purpose or purposes in the same manner as other appropriations are made by it, and said sum or sums shall be raised, assessed,

Rate.

Issue school bonds.

Time.

Sinking fund.

Use of proceeds.

Proviso.

Proviso.

levied and collected at the same time and in the same manner as moneys appropriated for other purposes in such city are raised, assessed, levied and collected; or said common council, board of finance or other body may appropriate and borrow such sum or sums for the purpose or purposes aforesaid, and may secure the repayment of the sum or sums so borrowed, together with interest thereon at a rate not to exceed five per centum per annum, by the issue of bonds in the corporate name of such city; bonds so issued shall be designated "school bonds," may be registered or coupon or both, of such denominations as the common council, board of finance or other board may determine, and shall be made payable in not more than fifty years from the date thereof; they shall be sold at public or private sale and not for less than par and accrued interest, and such city shall in its annual tax levy raise money sufficient to pay the interest on said bonds, together with at least one per centum per annum of the principal thereof, to provide a sinking fund for the retirement of said bonds at maturity; or in lieu of providing for a sinking fund for the retirement of said bonds at maturity, the bonds may be so issued that a stated equitable amount of them (in value), having regard to other school bonds already issued, shall become payable in each year beginning not more than ten years from date of the earliest issue and ending in not less than forty years from such date, and in such case there shall be raised by tax in each year such sum of money as may be necessary to pay the interest on all outstanding bonds and the principal of such bonds as may mature during that year; the proceeds of the sale of such bonds shall be deposited with the custodian of school moneys of such school district and shall be paid out only on the warrants or orders of the board of education; provided, that the total amount of bonds for the purposes named in this section, including bonds theretofore issued for such purposes, and not redeemed, shall not exceed at any one time a sum equal to three per centum of the taxable valuation of the real and personal property in such city; provided, further, that in the case of the repair, reconstruction, rebuilding,

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