New Jersey Acts Saved from Repeal ACTS SAVED 40 § 37-130(13)

2. A sinking fund shall be established by the said board of chosen freeholders on the issuing of any such bonds sufficient with the accumulations thereof to extinguish the principal of the said bonds so issued when due. The interest and principal of the bonds issued under the authority of this act shall be the debt or obligation of the county wherein they were issued, and the payment thereof shall be provided for by taxation in the same manner that other debts and obligations of the county are provided for by taxation. The proceeds of the sale of said bonds, after deducting expenses for negotiating the same and for engraving, and all other expenses connected with their issue and sale, shall be paid over to the said park commission.