The Tucumcari news and Tucumcari times. [volume] (Tucumcari, N.M.) 1907-1921, 1912-09-20
GOOD ROAD BOND ISSUE
Five Hundred Thousand Dollar -Four
Per Cent Twenty Year Bond
Issue 70 Be Voted on
in November

lag feature ant tue 100000 bond Issue
20 be- considered aud voted upon ia next
N,,cmbcr election, The feature being
90 wear bonds =. per cent
>ruator AIlirc1gr, who :, well postct
on same. has contributed the following
The past Legislature passed four laws
N regard to good roads.
First. CAN A., Relating 70 Public
Highways and Bridges
second. .." Az Act Providing for Is.
suancc OF Bonds by Various Counties IN
the State Of New Mexico for the pur.
pose OF Constructing aud Repairing
Roads aui Bridges
Third --" An Act to provide for State
License on Automobiles.
-Four: :-"A An Act providing for the Is.
suance Of Bonds by the State Of New
Mexico for the purpose Of Constructing
and Maintaining System Of State
Highways
Aud in addition TO the shove road laws
there Is an Act passed by the Legisls.
ture IN 1909, in Chapter A., creating =
Road Commission and Il tax ot one mill
On the dollar Tor the constructing and
maintaining VI roads.
The hrst OF the above laws give the
State Road Commission new power aud
duties
rhc second gives the various couu.
ties the power as well as the privilege
y vote OF people vuen they deem 3;
necessary 10 issue bonds Tor the cou.
structiou OF Roads aud Bridges under
the supervision VI the County Commis.
siouers.
The Third creates 4 license VI $1,000
upon every automobile IN tn state
which, IA all probabilities, would create
revenue OF some 10000 per year.
The Fourth is the only Jaw passed by
the legislature that IS referred back ~
the people iOr then approval VI disap.
pIoyal al the coming election.
This one is whether OF not the people
want the State 10 ISSUE 100000 worth
Of bonds at 4 per cent payable IA ~
u 50 years.
Au explanation VI thus law needs
more explanation than the others as
every voter viii want ~ AnOw some.
thing about i, 50 that he can cast his
vote in,cILgeutiy.
IL :he inst place eacA wlil want 10
know how and where thls 100000 Will
be spent aud VINO viii gel the benefit
II the bend issue - voted upon taVora.
bly, by the people.
1t there - S,OVU,UUU taxable property
~ Quay county and Iue total taxable
property vi the sta.e is sGU,OUo,OOO
hen Quay county would pay l'2U OF
the taxes ot the state and her share
of the $5OO,U would be 80, 900 ~ Ice
spcu, IA Quay county 1oI god Goa -
under the direction and supervision VI
three Road Commissioners ~ be Az
pointed by the Governor, not more than
two OF which shall be ut the same pOilt
zeal party and residents OF the county,
and receive no compensation foE their
work
The license on automobiles and the
one mill levy under laws ot 1909, Is
not only supposed to pay the interest
on the $780, 900 bond issue, but 10 ere
ate sinking fund that would pay the
debt at the END OF time the bonds were
made payable.
In the past the towns along the Santa
Fe Il. X. have had the benefit Of practl.
cally all the money available for pub
ic roads and bridges aid the eastern
and western part OF the state have had
10 bear their part Of the burden and re.
ceived no benefit in proportion to their
burden of taxation.
Under the new order each county will
get OF her proportion that she is emit.
tied according to her amount Of taxes
as returned by the County Assessor t.
be spent in each individual county.
The subject OF good roads have 81.
most become fad and a hobby, but
there is much 10 be said in favor OF
good roads when the people that pay
the taxes get the immediate use Of the
roads themselves and not pay the pen.
atty and others reap the pleasure, ss
has been the custom in the past In this
state.
And should the $500, 900 bond issue
be voted down the one mill levy ns
well as the license on automobiles will
still be collected and that money, as in
the past, will 60 TO make roads thar
people in Quay County will not re.
eeive scarcely any benefit, Judging the
future by the past.