The county of Catron may issue bonds for the purpose of constructing and repairing public roads and bridges in an amount not exceeding twenty-five thousand ($25,000) 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, § 19; C.S. 1929, § 33-219; 1941 Comp., § 15-205; 1953 Comp., § 15-2-5.
ANNOTATIONSCompiler's notes. — This section may be inoperative. See compiler's note under 4-2-3 NMSA 1978.
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.
For bonds for highways and bridges, see 67-6-1 NMSA 1978 et seq.