Sec.[Section] 1 Be it enacted by the People of the State of Illinois Represented in the General Assembly. That no more State Bonds shall be sold for any purpose whatever except to pay the interest on State Bonds already sold — or to redeem the Bonds already hypothecated or to pay the freights and commission on rail road iron purchased for the use of the State — or to pay the debts already contracted for labour done or materials furnished in aid of the construction of the Public works of the State. And no sale for any of the aforesaid purposes shall be made for less than the par value of the Bonds

Sec 2. All acts or parts of acts coming within the meaning and purview of this act are hereby repealed.