state treasurer, in favor of the person named in said certificate, for the sum mentioned therein; and upon presentation of said warrant to the treasurer, it shall be his duty to pay the same out of any moneys in the State treasury, appropriated for that purpose.

SEC. 3. If the reporter shall consider that any opinion furnished him by the clerk is not of sufficient importance to justify the expense of publishing, he may submit the same to the chief justice of the supreme court, and with his concurrence may omit to publish such opinion. The reporter shall omit the briefs of attorneys in the 28th and 29th volumes of said reports.

SEC. 4. The secretary of state and clerk of the supreme court shall not hereafter receive anything but United States currency in payment for the reports.

SEC. 5. A sufficient amount, not to exceed the sum of three thousand dollars, is hereby appropriated out of any United States currency in the treasury, to pay for printing and binding the 28th and 29th volumes of the Arkansas Reports.

SEC. 6. All laws in conflict with this act are hereby repealed, and this act to take effect from and after its passage.

Approved December 14th, 1875.

No. LXXX.

AN ACT to Confirm and make Valid the Title to certain School Lands.
SECTION

1. Ratification of official acts regarding school lands, during the war, and under Act of March 4, 1867. Frauds and mistakes excepted.

2. Title of State in lands conveyed under such administration, vested in present holders.

3. Attorneys of the State required to dismiss suits for school lands so conveyed. Disposition of such suits, upon profert of patents or deeds. 4. Perfection of defective title, by purchasers of school lands.

5. Conflicting laws repealed, and act in force from passage.

Be it enacted by the General Assembly of the State of Arkansas : SECTION 1. That all patents issued for sixteenth section, or any part thereof, or common school, land, during the war of the rebellion, and all the official acts of the officers of this State, in regard to such lands, during the said war, and also all deeds made by the common school commmissioners of the several counties, in compliance with an act of the legislature of the State, entitled "An act to relieve certain citizens of Arkansas, who purchased school lands," passed March 4th, 1867, be and the same are hereby confirmed, ratified, and made valid, and full faith and credit shall be given to said patents, deeds, and official acts, in all the courts of this State; provided, nothing herein shall be construed to prevent the setting aside of any of said deeds or patents for actual fraud or mistake.

SEC. 2. That any right, title, or interest, which the State of Arkansas may have acquired, or holds by virtue of any judgment, decree, execution, or sale, of any court in this State, in lands for which patents or deeds have been made and issued as mentioned in section one of this act, be and the same is hereby vested in the proper owners thereof under such deeds or patents.

SEC. 3. That the attorney representing the State of Arkansas is hereby instructed and required to dismiss all suits, now pending, for school lands, where patents or deeds have been made therefor, as specified in section one of this act; or if it does not appear on the face of the pleadings filed, that such patents or deeds have been made, then the patent or deed may be plead in bar of the suit, or the court may dismiss the suit on exhibition and profert of such deed or patent; and where judgment or decree has been entered, and sale has not been made, the State's attorney shall enter

satisfaction in full thereof, on presentation to him of such deed or patent.

SEC. 4. That if any purchaser of school lands shall have paid the purchase money thereof and received no deed or patent therefor, or if any person, now owing for school lands bought, shall hereafter pay out their indebtedness therefor, and shall produce to the auditor satisfactory evidence of such payment, the auditor shall be and he is hereby authorized and required to execute, to such person or to his legal representative, a deed, conveying all the right, title, and interest, of the State of Arkansas, in such lands; but if payment has not been made before suit is begun, the purchaser shall also pay the costs of the suit. Provided, this act shall only apply to purchases of school lands, made before the passage of this act.

SEC. 5. That all acts in conflict herewith are hereby repealed, and this act shall take effect and be in force from and after its passage.

Approved December 14th, 1875.

No. LXXXI.

AN ACT to authorize the School District of Little Rock to fund its outstanding indebtedness, and for other purposes.

SECTION

1. School district of Little Rock empowered to issue bonds to pay indebtedness contracted before October 30, 1874.

2. Interest. Coupons. Principal when payable.

3. Printing, etc., signature, and attestation, of bonds.

for school warrants.

Exchange of bonds

4. Certification, to County Court, of issue and exchange of bonds. Allowance, from school district tax, for interest, and sinking fund. Collection, etc., of tax. In what funds payable.

5. Investment of sinking fund in bonds.

6. Conflicting law- repealed, and act in force from passage.

Be it enacted by the General Assembly of the State of Arkansas: SECTION 1. That the school district of Little Rock is hereby empowered to issue its bonds in such sums, and in such denominations, as may be necessary and sufficient to pay its outstanding indebtedness contracted prior to the 30th day of October, 1874.

SEC. 2. Said bonds shall bear interest, at the discretion of the board of directors, not to exceed ten per centum per annum, payable in United States currency, on the first day of July in each year, the annual interest to be evidenced by coupons attached to the bonds; provided, however, that the first payment of interest shall be made due and payable on the first day of July, 1877; and provided further, that the principal of said bonds shall be made due and payable twenty years from their date, but may be paid sooner, in the manner hereinafter provided.

SEC. 3. The said bonds, and their coupons, shall be litho graphed or printed, as the board of directors of said school district of Little Rock may determine, and shall be signed by the president and secretary of said board, and attested by the seal of said board. They shall be exchangeable for the warrants of said school, at such rate as may be agreed upon between the holders of said warrants and the board of directors of said school district; provided, such rate shall not be at a discount on the bonds.

SEC. 4. It shall be the duty of the president and secretary of the board of directors, to certify to the county court, before the annual meeting of said court, for the levy of taxes,. in each year, the number and amount of bonds issued and exchanged under the provisions of this act; which certificate shall be filed in the office of the county clerk; and the court, at the time of levying the county taxes in each year, shall set apart a sufficient [amount,] after making allowances for delinquencies and cost of collecting, out of the special tax which may have been voted by the qualified electors of said school district, first, to pay the accrued interest on the bonds so›

issued, and second, to create a sinking fund for the redemption of said bonds; provided, that the amount so set apart annually, as a sinking fund, shall never be less than onetwentieth of the amount of bonds issued, but may be as much more as the board of directors of said school district may desire and indicate in their certificate to the county court. The tax so fixed annually to pay the interest on said bonds and to create a sinking fund for their redemption, shall be collected with the other county taxes, by the collector of Pulaski county, and paid over to the county treasurer in United States currency. The treasurer shall keep said fund separate from all other funds in his possession, and shall only pay out the same for interest due and for the redemption of said bonds.

SEC. 5. Whenever the sum of five hundred dollars or more is accumulated in the sinking fund, as created by section four (4) of this act, thirty (30) days' notice shall be given by the county treasurer, offering to purchase bonds at the lowest bid; after which, bonds, issued under the provisions of this act, shall be, by the said county treasurer, purchased at the lowest bid; provided, said bid be under the par value of the bonds; and when the price of said bonds shall reach par value, it shall be the duty of the county treasurer to determine, by lot, the bonds which shall be paid in full, and on the bonds, so decided to be paid in full, all interest shall cease at the expiration of thirty days from the date of a notice, by the county treasurer, of his readiness to pay the same; which notice shall be given by the county treasurer, by one publication, in any newspaper published in the city of Little Rock, Arkansas, immediately after the numbers of the bonds to be paid shall be determined as aforesaid. The bonds so purchased, shall, in the presence of the board of directors, and as soon as possible after the redemption of such bonds, be cancelled by the treasurer, and shall by him be delivered to the said board, to be preserved among the papers thereof.