Brye v. Dale

In 1933 the legislature enacted Chapter 64 of the Session Laws of 1933. Section 1 reads as follows: “There is hereby transferred into and loaned to the Real Estate Bond Interest Payment Eund established and created by Chapter 182 Laws of 1929, from the Permanent Hail Surplus Fund established and created by Chapter 189b6 Supplement to the 1913 Compiled Laws of North Dakota, the sum of five hundred thousand ($500,000.00) dollars to be used in the payment of interest now due or to become 'due on said bonds. The said sum of five hundred thousand ($500,000.00) dollars to be transferred and paid…