The Socorro chieftain., 1905-02-04
Councilman W, E. Martin Find Ac-
ceptable Solution for the Flood
Problem in New Mexico,
is SWIFTLY RATIFIED.
Providing a Bond Issue for $50, 900
to Relieve Flood Sufferers and
Build Necessary Dykes.

and the only bill thus far
introduced by Councilman w. F..
Martin, found such favor in the
eyes of New Mexico Legislators
this morning that it passed both
Houses in record-breaking time
with overwhelming majority. II
is nothing less than solution of
the problem brought to urgent
public attention by the flood last
fall which wrought such havoc
in many parts of the Territory.
The bill provides for the relief of
the flood sufferers and also
inaugurates the measures neces-
sary to prevent such extensive
flood damage in the future.
Several bills had been introduced
with that same object in view
but all lacked in one or more
particulars and did not offer the
remedy that would meet with
public approval and that was
consonant with sound states
mauship. The Martin bill does
this and therefore it had no diff
Guilty in passing both Houses.
The bill is entitled, IAN Act
to provide for the issuance of
certificates of Indebtedness for
the payment of appropriations for
the relief of food sufferers, the
building of dykes and for other
purposes. Here follows a brief
synopsis:
Section l, provides for the
issuance of certificates of indebted
ness by the Territory, to be dated
March l, 1905, payable in five
years from date, with privilege
to repay them one year after
issue, to be issued in Sl00 certifi-
Gates with 3 per cent interest
payable semi-annually. The
certificates shall be sold at not
less than par, the proceeds to be
placed in fund to be known as
Flood Sufferers Relief Fund. ="
Section 2, provides for tax
levy to paw the interest and
twenty per cent of the principal
each year OF this bond issue.
Section 3, provides for the pay
ment of twenty per cent OF the
total issue each year, the certif-
Gates to be redeemed to be chosen
by lot after such proposed
redemption has been advertised
for four weeks in some daily pa
per of the Territory.
Section I, provides for the fol-
lowing appropriations out of the
Flood Sufferers Fund: County of
Grant $1,000; Dofia Ana "a, 900;
Sierra $1,000; Socorro $4,000;
Valencia 1000; Bernalillo S4, 900;
San Miguel 81, 900; Mora $1,000;
Colfax $1,000; Taos 5000; Rio
Arriba $4,000; Leonard Wood
81, 900; Sandoval $1,000. The
money to be paid the chairman
of the Board of Commissioners OF
the respective counties in trust
for the Territory.
Section o, provides for the pro
rating of said amounts by the
respective Board of Commits
sioners to the person or persons
who suffered total loss of crops
or home in 1904 by flood, such
pro rating to be done after care
full investigation in each precinct
providing that no aid be extended
to persons not in needy circum
stances or who are financially
able to obtain the necessities o.
life or are able to seed and cult
vate their lands without as
sistance.
Section Z, provides for thu
deposit of the county relief funC
with the county treasurer in [;
special fund to be known as Floo'
Sufferers Relief Fund. TIL,
receipted vouchers for payments
out of the fund are to be forward
ed to the Governor OF the Territor,
together with the report of tn
disbursements made. The vouch
0 ers must designate the place o
q residence and precinct of sucI
beneficiary.
0 Section 8, provides that al
necessary expenses in connection
with the disbursement of tn
relief fund shall be met out O
the current expense fund of eacl
r county. The maximum expens
to be incurred in each county i
this connection is not to excee
$3.50.
: Section 9, appropriates $500