172.680. Treasurer to stamp bonds--collect interest--seminary moneys fund created. - Missouri Statutes

Treasurer to stamp bonds--collect interest--seminarymoneys fund created.

172.680. The state treasurer, whenever any bonds orsecurities shall have been purchased by the board of curators forthe seminary fund and payment therefor and delivery thereof havebeen made, shall plainly stamp on the face of each of said bondsor securities these words: "This bond is the property of theseminary fund", and shall sign such statement, and thereafter nobond or securities so stamped shall be negotiable, but it or theyshall only be payable to the state treasurer as trustee of theseminary fund. The interest on all such bonds or securities,when due, shall be collected by the state treasurer and creditedto the "State Seminary Moneys Fund", which is hereby created, andthe payment of such interest certified by him to the board ofcurators.

(RSMo 1939 § 10885, A.L. 1945 p. 1634 § 8, A.L. 1951 p. 472 § 7)

Prior revisions: 1929 § 9726; 1919 § 11598; 1909 § 11170