Las Vegas daily optic. [volume] (Las Vegas, N.M.) 1880-1908, 1905-01-25

alton Of the new county Of Artesia. tc
be made out Of portions Of Roosevelt
and Eddy counties, The county will
come In as member Of the fourth
class and Il Is claimed for II that I,
will be prosperous and wealthy from,
the first day Of its existence. Thus
far there has been no opposition appa'
rent and Il Ia not likely that any will
develop. for the Eddy county people
do not protest. the Roosevelt county
member says his people are well salts.
fled. and there seems to be no one
else with the right to make a protest,
Mr.. Williams produced d bill to pro-
tect livery stable keepers from being
victimi2ed by persons who fail TO pay
for horses rented. Mr.. Howard then
introduced two OF the more important
measures OF the session. which are de.
pendent upon each other In way and
which are on the lines recommend
by Governor Otero in his recent mes.
sage. The first OF these bills, house
bin No. 10, provides that In future all
territorial and county officers shall
give bond in some surety or trust
company doing business In New Mex.
leo under the laws of the territory
and that no personal bonds be re-
ceived.
The bill provides that In territorial
offices the territory pay the premium
OF the bonds, while In county officers,
the counties pay the premium In the
manner provided by the second bill in
troduced by Mr.. Howard and which is
worthy OF careful attention. The hill
follows In full:
House b.ll No. 20. an act to create
county repositories and for other pur-
poses:
Be II enacted by the legislative as
sembly Of the territory Of New Mex.
leo:
Section /. All moneys in the hands
Of county treasurers belonging to
such county. municipality. or school
district therein shall BY such county
treasurer be deposited and kept In
some institution. authorized by the
laws Of the United States or the ter
ritory OF New Mexico to do general
banking business. excepting, however.
so much Of such money as may
necessary In the daily business OF his
office and any such treasurer who
shall loan or In any way put such
moneys out of his immediate custody
or shall deposit any part thereof with
any person. firm or corporation, or
ssssstftrtfH dfhs~- &AStsN- thcxy Decifirs
by this act, shall be- deemed guilty OF
embezzlement and shall be punished
by fine of not less than five hun
dred dollars, or by Imprisonment for
not less than one year, or both such
fine and Imprisonment.
Section g Each institution quail
fled under this act shall before re-
ceiving such moneys enter upon a
good and sufficient bond to the board
of county commissioners OF such
county in form and amount to be ap
proved by the district Judge Of the
district court in which said county Is
located and shall pay interest there
on at a rate of not less than per cel
per annum on daily balances, and =
be credited monthly.
Section 3. The interest accruing
from such deposits shall constitute
fund to be known as the premium
fund and shall be used for the pay
ment Of premiums on the bonds Of
county officials required to give Dor
some surety or trust company as
surety, provided. however, that II
there should be any surplus In such
premium fund In any one year. the
surplus on order Of the board of coun.
ty commissioners may be transfer
to the general fund Of such county
and any shortage In such fund for
any one year shall be made good
from the general county fund
Section 4. This act shall take II
feet thirty days from and aft t,r iisI
passage.
MIR Lucero of Rio Arriba county
introduced joint resolution which
would he more appropriate in the
form Of a Joint memorial. addressed
to congress and urging the passage
Of the Lacey bill creating the Pajarito
cliff dwellers' park This biz
has been reported favorably by the
house committee of public lands in
Washington and II passed will pre-.
serve some OF the most valuable
archaeological treasures Of America.
The resolution was referred to com.
mittee for perfection. The house then