Section 10.
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Said bonds shall be in a form embodying an absolute promise of the state of Oregon to pay the amount thereof in gold coin of the United States of America of the value in weight and fineness of the date of such bond and shall be in such denominations as the commission shall determine. They shall be signed by the governor, secretary of state and state treasurer. The commission shall provide such method as it may deem necessary for the advertisement of each issue of said bonds before the same are sold and shall require such deposit with bids as may be proper, and generally the treasurer shall conduct the sale and the issuance of the said bonds under such rules and regulations not inconsistent herewith as shall be adopted by said commission. Such bonds shall be in series to be dated as of the date of its issue and to mature on the same date as the date of maturity of the “interest certificate of indebtedness” executed by the district for each interest payment.