The Greeley tribune., 1912-10-24
AN ACT PASSED by THE EIGHT
ZENITH GENERAL ASSEMBLY AND
REFERRED TO THE PEOPLE DI.
RECT BY SAID ASSEMBLY,.

General Election to be held on the Fifth
day Of Noysmber. 4. D. 1912, there win
Of the State of Colorado. for their ap-
proval or rejection. the following Act;
is found in Section Of House Biii No
402 of the regular Session of the Eight
eenth General Assembly. !sald Section
Is in words and figures following. to-
This Act is hereby referred to
the people of the state of Colorado
tSs % ins NEXT 1lox S.1nni.i reeulsT s ''Sn general
until the same has been approved
IN section i Of Articls Of the
Constitution of the State of Colo
which Is. In words and figures. fol-
lowing. viz:
CREASE THE aEMERAL PRosPEK-
5Eh e snz sHASs HSSshE 81 ySbSS fSS
JAMES PEAK, PEA S,r 4 81 SPUR n OF , T The He
@ SSS nGsI1c OR sEM1-fusIlc
Be 1t Enacted BY the General Assembly Of
Section Sec Sa i. " there i is hereby created a
Commission to be known and designated
as the Tunnel Commission. to consist of
five members, and the Governor, the At
torney General and the State Treasurer
shall be sx-officio members of said Com
mission.
Within ten days from the taking ef-
feet of this act the three ex-officio mem
bers of said Commission shall meet and
appoint the two remaining members. one
of whom shall be a skilled and compe-
tent civil and mining engineer with ex-
perience in railway construction; the ap-
pointed members of the Commission
Shall have been actual residents of
Colorado for at least two years last
preceding the date of appointment;
such Two members the Commission shall
be organized. with the Governor as
Chairman. the engineer member as Sup
as Secretary. The Supervising Engineer
shall receive salary Of not to exceed
Five Thousand ts5.ooo.oo) dollars per
sion shall receive q salary Of twenty-five
hundred ls2.5oo.oo) dollars per year, ths s
said tsr salaries fS SeEn meS.r. Of fS. com
mission shall designate.
In case any vacancy arises IN the
Commission 1t may be filled by the re-
naming members OF the Commission as
existing at any time, but the appointed
members of said Commission shall have
no vote in filling said vacancy.
The Tunnel Commission as herein con-
stituted shall have all powers hereinafter
in this Bill set forth and to act in re-
spect to such matters in the name and on
behalf of the State of Colorado.
Upon the completion of the construo-
ton of the tunnel hereinafter referred to
mission, the position of Supervising En-
gineer and Secretary OF the Tunnel Com
mission shall cease and no fnrnher i,sae- sa.-
with, nor shall any salaries at any time
be paid to the ex-officio members OF the
Sec Z. There is hereby authorized
bond issue, on behalf of the State OF
Colorado. aggregating four million aot-
interest per annum payable semi-annu-
ally, dated on date to be selected oy
the Commission and as soon as Possiiole
and maturing fifty years after date
thereof, to be known as State runner
Bonds, and to be issued and used used by the ne
having for constructing and driving
tunnel under the Main Range Of the
and provisions of this Act. and not other
The form. terms and provisions of
thing in this Section contained. shall be
fixed and determined by the Tunnel
and none of said bonds
any loan to the State of Colorado. but
solely, as herein provided. in payment OF
the construction OF the Tunnel hereih
such bonds shall be issued In the name
of and on behalf of the state OF Colo
from from n time to time. upon the certified
order OF the Tunnel Commission and
for the purposes In this Act @ set n1. forth.
nations as the Tunnel Commission shall
decide. and paya BILE either to bearer or to
q registered holder.
All State Tunnel Bonds. when author
lied and issued as required by this Act.
shall constitute. and the same shall be
n first and prior lien upon the tunnel
and Tunnel Approaches as constructed
under the terms and provisions OF this
Act. and the Tunnel Commission is here.
S beSa Snn Of Re st"e of
rado to execute and deliver all and any
indentures and deeds OF
rust that may be necessary in their
1iscretion to effect pnd constitute such