The Tucumcari news and Tucumcari times. [volume] (Tucumcari, N.M.) 1907-1921, 1917-03-15

ton but on account of the law reading
as il does they were unable to call
same. The law reads as follows:
"No county or incorporated city,
town or village shall ever become in
debted to an amount in the aggregate
including existing indebtedness, ex-
ceeding one and one-third per centum
on the actual value of the taxable
property within such county, city, town
or village, as shown by the last preced-
ing assessment roll, and all bonds and
obligations issued or contracted in ex-
cess of such amount, after the time
this act shall go into effect, shall be
void; but such limitation shall not
apply to Indebtedness for the con-
struction or purchase of system for
supplying water or sewer system
for such city, town or village"
The Board was further advised that
there was bill before the third leg
islature, State of New Mexico, pro-
viding for an amendment to Chapter
81, Section 13. and being informed
that il said bill should pass both of
the houses of the Legislature and be-
eoHtC law tIut ttiC "ohlu tItIl
be able to issue the election as per
the petition mentioned, the Board ad-
journed to meet Monday, March 12,
at which time they expected to be in
possession Of the necessary informa-
ton for further action.
The Board was duly notified and
advised the bill amending Chapter 54.
Section 13 of Session Laws of New
Mexico, 1915, has passed both houses
Of the Legislature, but has not to this
date, monday, Mar. l2.) become
law, and the Board up to this date
not being in position to act properly
upon the petition heretofore filed, 3D.
journed until Tuesday, March 18th.
Pursuant to adjournment Mar. 12,
the commissioners met again and for
the following reason could not call
the election:
The Board was definitely informed
that the bill amending Chapter 81,
Sec. 13, Of the Session Laws of New
Mexico, 1915, would not at this time
become a law on account of being
vetoed by Gov. Lindsey. and being full
ly aware that the petition to call a
SpcNtt CiCCttOl lOI ttc DuTDOSc VI Sub-
hitting to the people of Quay county,
the proposition Of the issuance of the
County Bonds in the sum of 100000,
is far in excess Of the amount of road
and bridge bonds that can be issued
by Quay county in accordance with
Chapter 81, Section l3, Session Laws
Of 1915, the Board rejected the pc
tition, and adjourned subject to the
call of the chairman.
This settles the big road bond ques-
ton for the present and If the citi-
zens of the county desire to vote Tor
bonds to the amount Of S94, 900 the
e limit now set by law, it will be neces-
sary to circulate another petition and
call special election for that pur-
pose. It is thought il Quay county
would vote $4,000 bonds, the gov
ernment would add an equal amount
thereby making this county road fund
something like si88,OO0. but this is
not sure thing. II it is true then
it will be better way to raise the
funds than to have voted the full
amount of Indebtedness on the coun-
ty. The following article is copied
from tHe SodI1 JOT llIueS, anu NOlCcS
the sentiment out that way:
"Snce the petition has been circu-
lated for the calling of an election to
vote on a 100000 bond issue, It has
been discovered that Quay county is
barred from voting an amount exceed
ing from ninety to one hundred thous-
and.
"In our opinion the wise thing to do
is to get what we can; as we under
stand the situation, If we go ahead
and vote say ninety-fve thousand we
will get an equal amount of federal
aid which will make 100000 cash to
be expended on Quay county roads
which would make good start toward
good county roads, while on the other
hand II we let this opportunity pass
when and how are we to ever regain
our loss?
To be sure there are always those
who will oppose bond issue, and their
reasons are few, these being the prin-
cipal ones: First, because of the in
creased taxation; second, very little
II any of the funds will be used on the
road leading directly by their indi-
vidual property; third, because they
fear some individual who is boosting
for good roads is working from a sell
fish motive. These are the principal
objections offered; and who will not
see at once that they are unworthy Of
consideration compared with the great
benefits to be derived from good roads.
"For the great advantages derived
from good roads and as a means Of
developing the country, and increasing
valuations, let us have them.
"Then, too, there are the immediate
benefits derived from the expenditure
of $4,000 cash in the county. There
Is not a laboring man, producer, or a
business man in the county who will
not directly or indirectly reap a bene-