38 Supplement to Public Land Laws 



both principal and interest under such regulations as the state 

 capitol commission may prescribe. 



SEC. 3. The state capitol commission shall annually, at any 

 meeting next preceding the annual meeting of the state board 

 of equalization, report to such board the estimate of the amount 

 of money necessary to pay all interest charges that may accrue 

 during the ensuing year upon any of the obligations outstand- 

 ing against the capitol building fund, and the state board of 

 equailzation is hereby authorized and required to levy a tax suf- 

 ficient to raise such amount in the same manner that other state 

 tax levies are made. All moneys thus raised shall constitute a 

 special fund to be known as the capitol building interest fund. 

 All expenditures made from the capitol building interest fund 

 shall be deemed a loan from the general funds of the state, and 

 shall be repaid to the general fund from the proceeds of the 

 sales or leases of capitol building lands and the timber and ma- 

 terials thereon after all other claims against the capitol build- 

 ing funds shall have been paid. 



SEC. 4. For the purpose of carrying out the provisions of 

 this act, and of chapter 59 of the Laws of 1911, there is hereby 

 appropriated from the capitol building fund the sum of one 

 million five hundred thousand dollars. 



SEC. 5. The state capitol commission may, before selecting 

 the stone to be used in surfacing any building in the state capitol 

 group plan, enter into an agreement or agreements with the 

 owner or proprietor of any quarry, that such owner or pro- 

 prietor will furnish like stone for the buildings to be erected in 

 the future on the state capitol site, at the price and upon the 

 terms stated in such agreement. 



SEC. 6. Bonds authorized by this act shall be acceptable 

 by state, counties, cities, towns, school districts and other mu- 

 nicipal corporations of this state as security for the deposit of 

 any of their funds in any banking institution in this state. 



SEC. 7. The state capitol commission shall have power in 

 the name of the state to acquire by gift, donation, purchase or 

 condemnation for capitol building purposes, any or all of the 



