The enterprise. [volume] (Harlem, Mont.) 1899-1926, 1916-09-14
MIL LION DOL LIAR fund IS GREAT
NORTHERN RAILWAY COMPANvS
DONATION FOR OLD AGE PENS 0NS

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employees who shalt have attained tho
age th, of s,eyentN Years shall be retired.
STAINED the age of sixtyf1ve years
may be retired
Co. Such of the 49, above nentioned
been. at date of retirement, twenty
Years continuously in the service.
shall be pensioned.
Pension Fund.
O. This eompany will appropriate
a pen: IN sund. This sum M shall 1ue be
invested in such securities as the Pea
sion sion, Beard 3; 81, shall decide: The income
the pensions provided above. If the
income therefrom is not sufficient to
pr9y'de for the Payments the company
each month to make up the. deficit.
charging the, same to operating ex-
penses If the income therefrom is
greater than the requirements for PEN
SONS, the surplus shall be added to
the principal of the fund.
Allowances Paid Monthly.
10. When pension allowances shall
t hsye been been ;au Nth pursuant to
3nsnf the hfE e S " the Be oe paid
fciary: provided, however that the
company may, withhold its pension
Of gross misconduct, or for other good
cause
Preparation Of Pension Pay Roll.
II. In payment of pensions a pay
roll, SHOWING the names of those to
the amount of such allowances, shall
be prepared at the close of each month
by the srG;retary Of the Board Of Pen,
by the chairman of the Board Of Penn
sions, then forwarded to the Account
Ing pepa rtment. which will, after verb
the usual channels for payment.
~ It shall be. the duty of every
the secretary of the Board of Pensions
September, 1916, shall have attained
after at least three months in advance
about to attain the requisite age for
retirement
d. ls IT The secretary Of the Board Of
ployes, and shall require Satisfactorily orr.
evidence from each of such employees.
necessary, showing that he is entitled
under these rules to the pension allow
aaGs 1t shall be ,,, the duty Ct any
duct on the Part Of sny n.y. ,pensio%ed
81 e BdarS d tG P PETTY hf re
ton thereto.
Pensions Not Assisnable.
a., In, order to preserve direct per-
soma! relations between the company
may continue to enjoy the benefits Of
the pension. system, no assignment of
pensions pen will be permitted or recog-
Employees Retired May Work
Elsewhere.
Is. The acceptance of a pension al
lowance does not debar retired en-
ploye from engaging. in any other
the. interest of the Great Northern
Railway Company.
Age Limit for Employment.
16. No person inexperienced in rail-
way work over thirty-hve years Of
age, and no experienced, person over
fortyt1ve years of age, shall hereafter
however, that in the discretion Of the
into me BE Of
age for a period of not exceeding six
months, and that this period may be
work for which said persons were
originally employed; provided, also,
that persons NAV be; EMPLOYED ire
service to be rendered requires pro-
fessional or other special qualihca-
tions.
IL. Neltnef lHe dcllOn Oh the COM
pany in establishing a system of pen
sions, nor any other action now or
hereafter taken by the company or by
! the Board of Pensions in the inaugu-
ration and operation Of Pension De-
partment, shall be construed. as giving
to any officer or employee of the COM
pany right to be retained in its serv-
| ice, or any right or claim to any pen-
| sion allowances. and the company ex-
pressly reserves the right and privi-
| lege to discharge at any time any
officer or employe when the interests
50 require, Without liability for any
claim for pension or other allowance
than salary or wages then due and
unpaid.
All pensions herein provided for are
gratuities, and remain the exclusive
property of the Great Northern Rail-
way Company, until actual payment
| thereof to the pensioner.
Date Effective.
IS. These rules and regulations
shall take effect September 16, 1915.
| They may be altered amended from
time to time by the Board of Directors
of the Great Northern Railway Com
| pany.
BY order of the Board Of Directors.
LOUIS w HILL,
President.