OCR Text |
Show State to Save Money on . Temporary Loans Th state of Titan temporary lean not., carrying 1 per cent Intereet to the anviunt of 111 fOS will be taken bv the etate land office and a loan of that amount made from the bend redemption funds, the board of loan commUstopere eo deciding, waleh will mean that the ststs will ssvs ths Interest. In-terest. It Is held that ths stste's temporary tem-porary loan notes sr eeulvalent to ststs bonds snd hst therefore the redemption re-demption fund may be lavested In th notes. |