The Elbert County tribune., 1912-10-25
AN ACT PASSED ny THE EIGHT
ZENITH GENERAL ASSEMBLY AND
REFERRED TO THE PEOPLE d.
RECT BY SAID ASSEMBLY.

REFERRED TO THE PEOPLE Dr.
RECT BY SAID ASSEMBLY.
Notice is hereby given. that at the
General Election to be held on the Fifth
day of November. A d. 1912. there will
be submitted to the qualified electors
OF the state Of Colorado for their APP
The authority for submitting such Act
is found In Section 0 of House Bill No.
esnth General Assembly. (Said Section
10 In words and figures following. to-
This Act is hereby referred to
the people of the State of Colorado
for their approval or rejection at
election and shall not take effect
until the same has been approved
by ssstioo yotS Of the people I,,o, as Proyidsa
Constitution of the state of Colo
ISM;a ghISh ! Is; In words and figures. fol-
AN ACT TO PROMOTE AND IN
CREASE THE GENERAL PROSPER
srKueTING aTT oE dHI 4 sTATEi T1NEinL BY uN5GR fSM
AMP THRouGH THE BASE or
FOR PUgLIC OR sEM1-PUBLIc
Be It Enacted by the General Asssnoly Of
Section /. There 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 ex-officio members of said Com
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 comps-
tent civil and mining engineer with sx-
pointed members OF the Commission
shall nave been actual residents of
COLORADO for at least two years last
a "a n m Inf taraf
Immediately upon the appointment Of
such two members tho Commission shall
Chairman. the engineer member as Sup
ervising Engineer and the fifth member
as Secretary. The Supervising Engineer
Five Thousand (s5. 10000 dollars per
year, and the Secretary to the Commits
h1ndrea tsssoooo, SniIsrs 81 peY yesy
said salaries to begin at time which
the three ex.offIcio members of the Com
In case any vacancy arises in the
Commission II may be filled by the re-
sxisngg anS t1s % the hut csslon tSa ss
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-
tion of the tunnel hereinafter referred to
nne s sSs by tf
gineer and Secretary of the Tunnel Com
mission shall cease and no further sal
with nor shall any salaries at any time
be paid to the ex-officio members of the
Sec. z. There is hereby authorized a
bond issue. on behalf of the State OF
Colorado. aggregating four million dol
interest per annum payable semi-annu-
ally. dated on date to be selected by
the Commission and as soon as possible
after this Act shall become effective.
and maturing fifty years after date
thereof. to be known as State Tunnel
Tunnel Commission herein created In
paying for constructing and driving a
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
shaIi s'is be issued ed or $50 sold on acc account ' Of
any loan to the State of Colorado. but
solely. as herein provided. In payment of
Such bonds shall be issued in the name
of and on behalf OF the state of Colo
from time to time. upon the certified
order OF the Tunnel Commission and
i Such % bonds shall be In SUI such S denomi. r1h
nations as the Tunnel Commission shail
decide and payable either to bearer or to
a registered holder
All State Tunnel Bonds. when author
lied and Issued required by this Act,
shall constitute. and the same shall be
a first and prior lien upon Inc Tunnel
and Tunnel Approaches. as Constructor
under the terms and provisions of this
Act and the Tunnel Commission Is here
by authorized and empowered, in the
name and on behalf of the State of Colo
raGo to execute and deliver all and any
convevances, indentures and deeds OF
trust that may be necessary in their
discretion to effect and constitute such