the whole amount of said claim is just, due and unpaid.

Rent for State Offices.

Section 3. There is hereby appropriated out of any funds in the State Treasury, not otherwise appropriated, the sum of fifteen hundred and thirty dollars and sixty cents ($1530.60), or so much thereof as may be necessary to pay rent for quarters occupied by state officers and departments, for the months of May and June, 1915: Provided, the said sum herein appropriated shall be paid on vouchers approved by the State Board of Public Affairs.

Emergency.

Section 4. For the preservation of the public peace, health and safety an emergency is hereby declared to exist by reason whereof this act shall take effect, and be in force from and after its passage and approval.

Approved April 2, 1915.

CHAPTER 208.

APPROPRIATION-A. & M. UNIVERSITY.

AN ACT making an appropriation of twenty thousand dollars for installing a complete water works and sewer system at the Colored Agricultural and Normal University Located at Langston, Oklahoma.

Be It Enacted By The People Of The State Of Oklahoma:

Appropriation-Water Works.

Section 1. There is hereby appropriated out of any money in the state treasury not otherwise appropriated, the sum of twenty thousand ($20,000) dollars, or so much

thereof as may be necessary to be used for the purpose of installing a complete waterworks and sewer system at the colored agricultural and Norman University at Langston, Oklahoma. Provided that the funds herein appropriated are to be available during the fiscal year beginning July 1, 1915.

Approved April 2, 1915.

CHAPTER 209.

BONDS OF STATE-RIGHT TO EXCHANGE.

AN ACT providing for the issuance of registered bonds of the State of Oklahoma in exchange for and upon the surrender and cancellation of the coupon bone thereof; and declaring an emergency.

Be It Enacted By The People Of The State Of Oklahoma:

Bonds May Be Exchanged.

Section 1. Upon application of the holders of any coupon bonds heretofore issued or hereafter to be issued by the State of Oklahoma, the right to exchange which is not expressed on the face of such bonds, and upon the surrender of such bonds at the office of the State Auditor, he, the State Auditor, is hereby authorized to issue to and in the name of such holders, registered bonds of the State of Oklahoma of like tenor, maturity and amount in one or more certificates of the denomination of one thousand dollars ($1000.00), or any multiple thereof, equal to the face value of the coupon bonds surrendered, and the coupon bonds so surrendered, and the coupons attached thereto,

shall be cancelled by the State Auditor immediately upon being surrendered to him.

Records-Requirements.

Section 2. The State Auditor shall have prepared registered bonds in blank form similar in tenor to the respective issues of coupon bonds of the State of Oklahoma, and upon the surrender of any coupons bonds of said State shall insert in such blanks the names of the registered owner, the amount of the bond, the date of maturity, the numbers and such other matters as may be necessary to complete the same to correspond in other respects to the coupon bonds surrendered; provided, that no registered bond or bonds. shall exceed in face value the par or face value of the coupon bonds surrendered in exchange therefor, and provided also that said registered bonds shall have printed on the face thereof a clause substantially in the following form:

"This registered bond is issued in substitution for and in lieu of coupon bonds of the State of Oklahoma, dated 19...., Series Nos.....

to inclusive, which have been surrendered and cancelled simultaneously with the execution and issuance of this registered bond. This registered bond may be transferred by executing the transfer or assignment on the reverse side hereof and by presentation to the State Auditor, who shall register said bond in the name of the transferee."

Transfer-How Made.

Section 3. Upon the application of the holders of registered bonds of the State of Oklahoma issued pursuant to the provisions of this act, and upon presentation of such bonds at the office of the State Auditor, he, the State Auditor, is hereby authorized to transfer the same on the books of the State to such persons or corporations as may be designated in the application. The transfer of said. bonds shall be written or printed on the back of the bonds

and shall be acknowledged before a notary public or other officer authorized under the laws of this state to take acknowledgements to deeds or transfers of real estate, or the signatures of the registered holders of the bonds shall be attested by the fiscal agent of the State of Oklahoma, in the City of New York. Application for transfers must be filed in the office of the State Auditor at least fifteen days before the date of payment of the semi-annual interest next due on the bonds.

Register of Bonds-Interest.

Section 4. The State Auditor shall provide and keep a register of all registered bonds issued under this act and shall enter therein the names of the registered holders thereof, and he shall at each interest date, issue a warrant payable at the office of the State Treasurer or at the fiscal agency of the State of Oklahoma in New York City, New York, which warrant shall be countersigned by the State Treasurer and by said State Auditor remitted to the address and payable to the order of the registered owner of such bond the amount due, and upon maturity of the bond the amount of principal upon the surrender of the bond at the office of the State Treasurer of the State of Oklahoma.

Issuance of Bonds.

Section 5. All registered bonds issued under this act shall be signed by the Governor under the great seal of this state, and attested by the Secretary of State and the Treasurer of the State of Oklahoma, and shall have endorsed thereon a certificate signed by the State Auditor and Attorney General of the State, showing that such bond is issued pursuant to law and is within the debt limit. shall also be the duty of the Attorney General and ex- officio bond commissioner of the State of Oklahoma to examine into and pass upon any registered bonds so issued, and such registered bonds, when declared by the certificate of said bond commissioner to be issued in accordance with

It

the forms of procedure provided by him, shall be incontestable in any court in the State of Oklahoma.

Rights of Holders.

Section 6. The holders of all registered bonds issued pursuant to this act upon the surrender of and exchange for coupon bonds of this State shall be entitled to the benefit of any adjudication or determination of any court of this State authorizing the issuance of the coupon bona. surrendered in exchange therefor, or determining the validity of the indebtedness evidenced thereby, and the payment of the principal and interest of all registered bonds issued pursuant hereto shall be made and provided for out of the taxes provided or levied for the purpose of paying the coupon bonds which are surrendered in exchange for such registered bonds. The holders of any registered bond issued pursuant hereto shall be subrogated to and entitled to all the rights and remedies of the holders of the coupon bonds surrendered in exchange for such registered bonds. Fee for Transfer.

Section 7. The State Auditor shall be entitled to receive from the owner of the bonds transferred under this act a fee of fifty cents for each $1,000.00 face value of bonds so transferred.

Emergency.

Section 8. It being immediately necessary for the preservation of the public peace, health and safety an emergency is hereby declared to exist by reason whereof this act shall take effect and be in full force from and after its passage and approval.

Approved April 3, 1915.