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Section 4-34-9 - [City cooperating; bonds and deeds may be in lieu of cash contribution — New Mexico Law | CourtGPT
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New Mexico Legal Code

Section 4-34-9 - [City cooperating; bonds and deeds may be in lieu of cash contribution

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Such county commissioners shall receive and accept bonds of such city issued according to this article, together with an agreement duly executed by the owners of suitable grounds for said public building, to execute a good and sufficient deed conveying the same to said county in exchange for a certain amount of said bonds in lieu of the cash contribution and guaranty provided by law in case of removal of county seats. History: Laws 1897, ch. 33, § 4; C.L. 1897, § 638; Code 1915, § 1148; C.S. 1929, § 33-3509; 1941 Comp., § 15-3209; 1953 Comp., § 15-34-9. ANNOTATIONSCompiler's notes. — The words 'this article' were substituted for the words 'this act' by the 1915 Code compilers and referred to art. 29 of ch. 24 of the 1915 Code compiled herein as 4-34-1 to 4-34-10 NMSA 1978. The words 'this act' referred to Laws 1897, ch. 33, compiled herein as 4-34-6 to 4-34-10 NMSA 1978. Cross references. — For requirement of contribution by city to which county seat to be removed, see 4-34-1 NMSA 1978.