OCR Text |
Show ARRANGEMENTS FOR STATE LOAN MADE SALT LAKE. May 16. A propogeJ by the state engineer hat been upprov-ed upprov-ed by the Miate board or loan commls-alonerp, commls-alonerp, under which fund- up to f?0,-""0 f?0,-""0 may be borrowed from the state land commiaaipncrla expenae account, for use. on th atate engineer's revolving revolv-ing fund. The money Is desired to complete Die adjudication of wmer rights on Hi - Sevier river pystem which Is now before the eourta. The Inst lefflalature made is possible pos-sible for the suspense account of the land commissioner to be loaned t tin state, and John T. nhlroyd. the pr. eni commissioner, has fixed :i K per cent Interest as the required rate The m.tes of the state nr.' payable on demand, de-mand, thus ma king; II possible to reimburse re-imburse the suspense account nt any time any unusually or unexpected demand de-mand should be made on It. |