Daily independent. [volume] (Elko, Nev.) 188?-1915, 1891-04-08

aud School Tax "No," had I votes,
; and it further appearing that "Yes"
had majority Of all tho votes cast at
slid election, it is therefore ordered
by the Board that an advalorem tux
OF fifteen cents be levied on each
SlOO valuation OF all the taxable
property of said Elko School District
for the purpose of raising The said
sum of $3.50 for school pur-
poses in said District; and
it is further ordered
that the said tax of fifteen 15) cents
en- each 500 of taxable property with
in said School District shall be as
sessed and collected in the same
manner as other taxes are assessed
and collected.
The following preamble and resolu-
ton was unanimously adopted and
ordered spread on the ian utes of the
proceedings Of the Board:
WHEREAS. Without consulting the
wishes Of the people Of Elko county
or leaving the question Of the ,advis-
ability Of mourning an Indebtedness
OF over three hundred thousand dol
lars to vote OF the qualified electors
OF this county, the Fifteenth Session
OF the Nevada Legislature, a few days
before its adjournment, passed an
Act providing for the compulsory is
suance OF county bonds by the Coun-
ty Commissioners of Elko county to
that certain corporation known as
and called the Idaho, Nevada and
California Railroad Company to the
amount OF three thousand dollars per
mile for each mile Of road built in
said county; and
WHEREAS, Under the provisions Of
said Act at least, if not more than
one hundred miles Of subsidized road
way may DO built in this county; and
WHEREAS, We believe that all rail-
road enterprises should, like other
works. bu paid for by those who are
tho owners of the road, and not by
subsidies drawn by taxation from
those who have no interest in the
project; and ."'
WhEREAs, Our faith in Nevada
Legislature, based upon the past his
tory OF the State, is such that we
have no doubt but that if the bonds
provided for ia said Act arc ever is
sued aud pass into the hands of inno-
cent holders. another Act would be
speedily railroaotsd through subse-
queat Legislature repeating that por-
ton OF said Act wherein it is provided
that said bonds shall not constitute a
cause of action against this county
after the lapse of twenty five years;
and
WHEREAS, Section eight OF said
Act in specially providing that the
security Of those who may hold OF
purchase said bonds shall never be
impaired and pIedgiDg the faith of
the State to that end, undoubtedly
contemplates some such subsequent
legislation as above indicated; and
| WHEREAS: We are fully satisfied
that il ever the hazardous exper: ment
of bonding our county is entered up
on, each and every bond issued will
have to be redeemed, dollar for dollar,
with money raised by taxation upon
Nil the property in the county; there
| fore be it
Resolvcd, That the District At
torney Of Elko county be and he is
hereby instructed and directed to
contest the issuance of such bonds,
and by every honorable. means pos
sible fight the same in every Court to
which the matter'can be- carried, up
on any grounds which lie may think
tenable or which. promises or offers
any hope OF success, and to the end
that such contest may not be made
too burdansome upon him and that it