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the cost entailed, or to be entailed, under the provisions of this act, 

 and the sum so estimated shall be reserved and set apart from the 

 premium account, from which the expenses of the current calendar 

 year shall have previously been paid, and for the purposes and obli- 

 gations herein set forth and hereby assumed for the period over 

 which the public works outlined in existing statutes shall extend. 



Section VI. This act shall take effect immediately. 



