Santa Fe new Mexican. [volume] (Santa Fe, N.M.) 1898-1951, 1909-02-05
A Committee Ap.
pointed to Plead
for Statehood
sOLoNs SHOW PATRIOTISM
A Bill Embodying Proposals
for Archaeological School
Will Be Introduced.


The thirty-eighth legislative assem-
bly, made history yesterday afternoon
up to the last moment before adjourn
ment. The House, just before it ad
journed, passed House Joint Resolu
tion No. 8, appropriating $4,000 to pay
the expenses of a committee of seven
citizens to be appointed by Governor
Curry to proceed to Washington to
battle for the passage of the enabling
act. the creation of the seventh judi
ci2l district, the extension OF thie
Carey Act to New Mexico and the val
idation of the proposed bond issue
of half million dollars by the Ter
ritory for common school purposes
and such other measures beneficial to
New Mexico as will come up during
the four weeks that remain until the
present Congress and the present ad-
ministration give way to the new Con-
gress and the Taft administration.
The resolution was signed by the
Speaker and properly attested and
hurried to the Council, where it was
taken up at five o'clock yesterday
afternoon, after a motion to adjourn
had been made, but withdrawn, when
Councilman T. B. Catron moved the
suspension of the rules to put
House Joint Resolution No. 8 on it's
passage. In the House, only Repre-
sentative Mullens Of Chaves, Demo-
crat, had voted against it; in the
Council, only Councilman Hewett, of
Lincoln, and Councilman McBee, of
Roswell, both Democrats, voted
against it, and the resolution was on
its way to the executive for his sig
nature.
Both houses adjourned until Mon
day afternoon at two o'clock. In the
Council, both Members Baca, were ex-
-cused from attendance next week
The statehood delegation resolu-
ton, however, was not the only note
worthy event of the session yesterday
The introduction simultaneously in
both houses, in the Council by Coun-
Gilman Mechem and in the House by
Speaker Miera, of bill providing for
a territorial bond issue of nalf mil
lion dollars for common school pur-
poses, will in history be considered as
epochmaking as the establishment of
the modern public school system in
New Mexico almost two decades ago.
The bill is herewith printed in full:
An act to provide for an issue of
bonds of the territory of New Mex
leo for common school purposes.
Be it enacted by the legislative as.
sembly OF the territory of New Mex.
leo:
Section 1. Issue Authorized. An
issue of bonds as provided by this act,
of the territory of New Mexico, in the
sum of five hundred thousand dollars
is hereby authorized and directed, the
proceeds of the sale of such bonds to
be expended as hereinafter provided.
Sec. 2. Form of Bond. Such bonds
shall be issued in the denomination of
one thousand dollars each, to be
known as Territorial Common School
Bonds;" shall bear interest at the
rate of four per cent per annum, in
terest payable semi-annually on the
first days OF January and July OF each
year until maturity, principle and in
terests payable at such places as may
be agreed upon by the purchasers of
said bonds, in the city of New York,
state of New York, or in the City Of
Santa Fe, territory of New Mexico,
such places to be designated and
named on the face of the bonds; said
bonds shall be signed by the COVER
nor and treasurer OF the territory, and
countersigned by the auditor OF pub
lie accounts, and shall be made pay
able in thirty years from July 1, 1909,
but redeemable at any time after
twenty years from their date, and
such bonds shall be dated July /, 1909,
Sec. 3. So much of the income of
the public schol lands of the territory
of New Mexico, as is necessary to
pay the interest on said bonds, is
hereby pledged to the payment Of the
same, and the territorial treasurer Is
hereby authorized and directed to pay
said interest out of the income OF said
public school land, as the same shall
be received by him; and for the final
redemption Of the principal OF said
bonds there shall be levied at the
expiration of twenty years from the
date of the issue thereof, an annual
tax sufficient to provide for the pay
ment Of said bonds on or before ma
turity. s'"A
Sec. 5. Disposition of Proceeds.
Said bonds shall be sold by the treas
urer Of the territory Of New Mexico
at public or private sale for the best
price obtainable, at not less than their
mar value, and the proceeds thereon J