The county of Catron may issue bonds for courthouse and jail purposes to an amount not exceeding fifteen thousand ($15,000) dollars, which bonds shall be issued in the manner as provided by the constitution of New Mexico, payable absolutely thirty years from their date and at the option of said county twenty years from their date.
History: Laws 1921, ch. 28, § 18; C.S. 1929, § 33-218; 1941 Comp., § 15-204; 1953 Comp., § 15-2-4.
Compiler's notes. — This section may be inoperative. See State ex rel. Perea v. Board of Comm'rs, 25 N.M. 338, 182 P. 865 (1919), which held that a similar section applying to De Baca county was inoperative because it provided that the bonds might be issued in accordance with the constitution, but did not state that they could be issued in accordance with the laws of the state.
Cross references. — For bonds for courthouses, jails, bridges, hospitals and libraries, see 4-49-1 NMSA 1978 et seq.
For state, county and municipal indebtedness, see N.M. Const., art. IX, § 1 et seq.
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