Tonopah daily bonanza. [volume] (Tonopah, Nev.) 1906-1929, 1912-02-23
Extra Session Called to Relieve the De-
ficiency in the General Expense Fund
Governor Would Amend Law Rails
ing State Taxes---Both Houses of the
Legislature Organized - Senate Is
Democratic and House Republican.

morning at 10 o'clock the legisla-
ture in extraordinary session, called
| by Governor oddie, convened The
senate as organized by the demo-
Gratis, while the assembly was or
ganized by the republicans. who
named its former speaker, Mr. Fro
Itch, with no opposition, to guide |
and govern the destinies of the |
assembly during the extra session. /
There were forty members who an
swered roll-call this morning. Twen-
ty-two were republicans and eigh-
teen democrats.
After the organization Of both !
houses had been perfected and the
governor notified that they were
ready for business, the chief execu-
tive of the state sent his message to
both houses, which was read and
ordered filed. recess was taken
until 2 o'clock this afternoon, when
the lawmakers will get down to
business The old committees Of
the last session will practically fiji
the committees of this session.
one would hardly know that the
law-makers Of this state were doing
business in the capitol building to-
day Carson City is very quiet
place: in fact, too quiet for leg
islative session.
This afternoon. in the senate.
Coryell of Elko county introduced
bill authorizing two hundred
thousand dollar bond issue to be
taken up by the state school funds.
The following message was re-
ceived by both houses from the
governor:
, State of Nevada Executive Depart
! ment Carson City February 2S.
1912.
To the Honorable, the Senate and
the Assembly.
y Pursuant to section of article )
J. OF the constitution. | have con-
: vened your honorable bodies in ex-
e taordinary session, the purpose of
o which is to enact suitable legislation
n to relieve the following condition
II in the fiscal affairs of the state,
# namely: That the general fund in
y the state treasury is exhausted and
,e that. to enable the state TO transact
G. its business on cash basis, provi-
G. sion must be made by the legisla-
v true to borrow a sum sufficient to
in meet the emergency until such time
s. as the state revenues can be adjust
in ed to balance expenditures.
ne The borrowing power of the state
a In time Of peace. is limited, under
re the constitution, to 100000 A
IS the beginning of the present fisca
ty year our outstanding Indebtedness
az under this limitation. was $4,000
D. with cash in the state treasury ap
at plicable to the reduction thereof Z
he a net Indebtedness of s5t Is L27
ng on such date there was availahl
for investment in the state schoo
he fund. s255.22052. so that tn
ed state in effect will be able to boz
vi row from itself
le- The fact that the state. in 1870;
he 1895 aud 1907. to go back n
"a farther IN our history exercised i
lot borrowing power to cover IN az
IN vance. deficits IN state revenue owe
ic. authorized expenditures, leaves q
.ed present emergency hy uo meaf
Iie- anomalous in our fiscal affairs sa'
fax .tbat ll was not poyldcd for On a
are vance
The failure 10 make advance pn
WESTON Cor this depletion af ihe ge
rrsl fund IS not properly ehargeah
- against the legislature or myse
.li laulHs in the extreme diatniiy
be smslHe Al ans elear undsrataHdH
-. 20 ths anaaeial saalrs at che -
.hls lram ths time henored Haiem
aas faoktaerias chat has esaluet
80 our state suycrumeot since iH
ss laHlaE Ner Is any stats one|
iw sssmsHi~ ieF uos latr-lve
stH aaesat.aus m asftm thai 3
a. .aiaEls prevailed Negeffhe'e
fta am ,iat tb8 lhe aasa ai e
- ItHIaa sf the stste sheefA yea
-. n mfaHrs ahkh masl he sas
sfttt eat an the eEmeiu eel
81 maa 81 patsie
she tIaslar table taaa ths
- IS haaa Us the Hsfe lfs