The Elbert County tribune., 1912-10-11
AN ACT PASSED BY THE EIGHT
ZENITH GENERAL ASSEMBLY AND
REFERRED TO THE PEOPLE d.
RECT BY SAID ASSEMBLY.

REFERRED TO THE PEOPLE d.
RECT BY SAID ASSEMBLY.
msie S :. n.a en. Il: Il s Y:
day of November. A. d. 1912, there will
be submitted, to the qualified electors
proyaI or re1sction. the following Act;
The authority for submitting such Act
4o2 OF the regular Session of the Eight
zenith General Assembly. (Said Section
IL In words and figures following. to-
"rhis Act is hereby referred to
the people OF the state of Colorado
the NEXT NEXT s1xs ssnniai rsruss s fs,'es,Sn General al
election and shall not take effect
pn Sntii no the - zane me has been approyss
in Section 1 of Article V Of the
Constitution of the State of Cole
which is. in words and figures. fol-
AN - 4 ACT :, Is, TO PROMOTE q ,ANp IN
sThucTINa A 4 srNlNi T1NNEL 81 uNbGk i4Ms
HN2 eAMEs iPE3se PE3R' < SUR u5T sAsh 81 TIE 3E
gS2s E5R pdsTs sTgLic OR sEMf-P1sLic
Be 4 Enaotsd BY tho General Assemsly Of
he shs stst. Of 1S!orado ,
Commission to be known and designated
as the Tunnel Commission, to consist OF
torney % Generai AN and -" the f STATE @fr@sasuas,r cas- re-,
shall be sx-officio members of said Com
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 skilled and comps-
tent civil and mining engineer with OK
perience In railway construction; the ap-
shall have been actual residents of
colorado for at least two years last
f@@edatsis aeos @ Il The DPpointm.nt of
such two members the Commission shall
be organised. with the Governor as
Chairman, the engineer member as Bup-
as Secretary. The Supervising Engineer
Five Five Thousand $4,000. .So) nV dollars 1epsq psr
year. and the Secretary to the Commas
sion shall receive salary of twenty-five
said salaries to begin at a time which
the three ex.officio members of the Com
mission shall designate.
In case any vacancy arises in the
Commission It may be filled by the re-
naming members OF tho Commission as
members of said Commission shall have
no vote in filling said vacancy:
stituted shall have all powers hereinafter
In this Bill set forth and to act in re-
behalf Of the State % Of COLORADO. ' ."
Upon the completion of the construo-
tion OF the tunnel hereinafter referred to
and its aeceptance by the Tunnsl Com
gineer and Secretary Of the Tunnel Com
aries Shall A be paid IN he eonnsetIon ne thsae
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
lars face value. to bear four per cent.
interest per annum payable semi-annu-
ally. dated on date to be selected by
after this Act shall become effective.
and maturing fifty years after date
Bonds, and 10 be issued and used by the
Tunnel Commission herein created In
paying for constructing and driving a
Rocky Mountains. and under the terms
and provisions of this Act. and not other
wise.
The form. terms and provisions OF
these bonds not Inconsistent with any
thing in this Section contained. shall be
Commission, and none of said bonds
rhali be issued or sold on account OF
solely. as herein provided. in payment OF
the construction of the Tunnel herein
Such bonds shall be issued in the name
OF and on behalf OF the State of Colo
rado by the Treasurer of the State,
order Of the Tunnel % commission and
Such bonds shall be in such dsnomi.,
decide. and payable either to bearer or to
n registered holder.
All State Tunnel Bonds. when author
shall constitute. and the same shall be
first and prior lien upon The Tunnel
and Tunnel approaches: as construotso
Act. and the Tunnel Commission is here
by authorized and empowered. in the
rado. to execute and deliver all and any |
convevencss. indentures and deeds of |
n n nd