The Greeley tribune., 1912-10-17
AN ACT PASSED BY THE EIGHT
ZENITH GENERAL ASSEMBLY AND
REFERRED TO THE PEOPLE Dl.
RECT BY SAID ASSEMBLY,.

HESf Ri SAID ASSEMbLts
Notice is hereby given. that At the
day Of November. A. d. 1912, there will
be submitted to the qualified slsetsrs
OF the state OF Colorado for their ap-
The authority for submitting such Act
is found In Section 9 of House Bill No.
4os Of the regular Session os 9Th The EiEht.
is In words and figures following. to-
wit:
tn. next bt:nniai regular general
until IN. na name ha, hSe Been raae aopsoved
by vote of the people as provided
In Section l OF Article V of tho
Constitution of the State of Colo
which is. in words and figures fol-
AN ACT TO PROMOTE AND IN
SShya&$IHS SHp & $HSouau ! H4hSa1 fNS bAys ySbSS s.
M JAMES ] PE4S, < SPUR # S IS THE
FSS pysIic OR sEMl-PUBLic
ssc,ion sec S,s'i OF fS.rs fSsG is hereby created
as the Tunnel Commission. to consist of
five members. and the Governor, the At
torney General and the state Treasurer
shall be ex-officio members Of said Com
mission.
Within ten days from the taking eff
feet of this act the three ex-offioio mem
bers of said Commission shall meet and
appoint the two remaining members. one
of whom shall be a skilled and comps-
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
a VI n
Immediately upon the appointment of
such two members the Commission shall
be organized. with the % G9vernor Ga, as
ervising Engineer and the fifth member
as Secretary The Supervising Engineer
Five Five Thousand 1s5. ooooo) dollars per
year. and the Secretary to the Commis-
sion shall receive salary of twenty-five
said salaries to begin at time which
the three ex-officio members of the 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
no vote in filling said vacancy.
The Tunnel Commission as herein con-
stituted shall have MI powers hereinafter
spect to such matters in the name and on
behalf of the State of Colorado.
Upon the completion OF the construc-
tton OF the tunnel hereinafter referred to
and its acceptance by the Tunnel Com
mission. the position Of Supervising En-
mission shall cease. and no further sal
aries shall be paid In connection there
with nor shall any salaries at any time
be paid to the ex-officio members of the
Sec. q There is hereby authorized a
bond ISSUE on behalf of the State OF
lars face value. to bear four per cent. |
interest per annum payable semi-annu-
ally. dated on date to be selected py
the Commission and as soon as possible |
after this Act shall become effective.
and maturing fifty years after date
thereof, to De SneWm ies as ard S1a,e used bv the
Tunnel Commission herein created In
paying for constructing and driving
ROCKY ais Mountains, and under. the terms
and provisions of this Act. and not other
wise ,. -,
these bonds, not inconsistent with any
thing in this Section contained. shall De
[Ixed and determined mine BY sas ths rnnns Sonss
shall be issued or sold on account Of
any loan to the State of Colorado. but
solely as herein pr9videa' nmsl r manner herein
Such bonds shall be issued In the name
rado by the Treasurer OF tho state,
from time to time. upon the certified
order OF the Tunnel Commission and
such bonds shall be In such denomi,
,ations as the Tunnel Commission shall
decide. and payable either to bearer or to
, registered holder.
All State Tunnel Bonds. when author
red and Issued as required by this Act.
shall constitute. and the same shall he
, first and prior lien upon the Tunnol
md Tunnel Approaches, rs constructed
Inder the terms and provisions of this
Act. and the Tunnel Commission Is mere
~ authorized and empowered. IN the
,ame and on behalf oc the State of Colo
,ndo to execute and deliver all and any
indentures and deeds or
rust that may be necessary In their
discretion to effect and constitute such