The Oroville weekly gazette. [volume] (Oroville, Wash.) 1905-19??, 1920-10-08

iurnlsh such persons with the nronar o..
a.es ,nn,;.'s 10 enable them to accept such
Ipp.eations. Inc state auditor is herahv
Iauthorlzed and directed to nrenara s,,.'y
piinups ana office supplies and eo,in
,hent, ana To employ sucn persons as m - !,
oe, e neeeessary te, IN order to properly carry
Vae V .ne PROVISIONS OF this act, and ali ex
Ipenses incurred by him in The adminiS-
aa.ioh Oh TINS act shall be paid by wnr
an.s uIawn upon tie Veterans Compen-
The adJutant general shall advise w,,h
anu assist the state auditor in tne mar
ao.iahse Oh the duties oi the auditor nm
Ioer TINS act, and when 80 called uuon tna
s",,S a,, seneral may employ such per-
, o.'o Gnu incur such expenses as NAV be
Ihecessaiy, such expenses to be pai1 hv
wal ants ufawn upon the Neterans' Con,
pensation Fund.
Inc auditor and the adjutant general
nc. fequiie persons employed by tnenI
uhoer tnis act to furnish good ana sufri.
Gent surety bonds TO the State of Wash.
,n ,ns ION ior the faithful performance OF
their duties and the premluins lIon s.Sa
bonds snail be payable from the verarsns
compensation tund
Section 3. The state auditor NAV I'm his
uiscretion issue warrants under the pro
visions OF this act in anticipation of the
sale OF the bonds herein authorized
section .. For the purpose OF providing
means Tor the payment OF compensatio
s ieu.uer anu Tor paying the expenses
|oi administration, there shall be issueI
anu sold bonds of the state of WASHINGTON
in ~ tne sum or eleven million dollars (SIl-
00.OOO): Provided. That il the proceeds
y, " aiie saie oi such bonds be insufficient
10 pay the compensation herein allowed
then suificent additional bonds to nav
such compensation shall be issued ana
sou. Inc issuance, sale and retirement of
ss,, saiu PONDS snail be under the general
|supefVision and control oil the State
BOARD OF FINANCE. The State Board of hi
nance may, In Its discretion, provide for
tI tne issuance OF coupon or registered
ha lot
time to time and in such amounts as NAV
pe necessary to make the payments pro-
|Vided Tor by this act. Each of such bonds
snau pc made payable at any time not
sAceeulhs twenty years from the date of
It's Issuance. with such reserved rights
o1 prior redemption as the State Board OF
nance may prescribe to be specified
ti thereli. Inc bonds shall be signed py
me me governor and the state auditor under
the seal OF the state; and any coupons
attached to such bonds shall be signed
py the same officers, whose signatures
.nereon may be IN facimile, and such
Doius shall Dear interest at a rate not to
exceed SIX per cent per annum. which
ponds shall be sold for not less than par
any bonds may be registered in the name
~ r. Tue @ noioer on presentation TO the state
treasurer or at the fiscal agency of the
state OF Washington in New York, as to
prlhclpal alone or as to both principal and
lnteIest, under such regulations as the
state treasurer may prescribe Said hon,js
snail be in form embodying an abs.,luIe
promise OF the State of Washington to
pay potn principal and interest in gold
com OF the United States of pre- sea: stan
dard value. at such place or places as
the State Board of Finance may provide
nd shall be in such denominatio as may
be prescribed by said board All bonds
ISSUED under the provisions of this act
may be sold in such manner and in such
amounts and at such times AID on such
terms and conditions as the STATE Board
OF Finance may prescribe: Provided,
other than the State of Washington they
shall be sold at public sala, and il shall
be the duty of the State Board of Finance
to cause such sale to be advertised in
sueh manner as it may deem sufficient
Bonds issued under the provisions of
this act shall be legal Investment for
any of the funds Of the state. including
the permanent school fund. any higher
educational funds and accident fund of
the industrial insurance department.
Section T.. The money arising from the
sale OF each issuance of bonds shall be
deposited in the state treasury to the cred
it of a special fund to be known as the
veterans Compensation Fund" which
shall be used for payment of the COM
pensation provided in this act and for
paying the expenses of the administra-
ton thereof. For the purpose of carrying
out the provisions of this act there is
hereby appropriated from the Veterans
Compensation Fund the sum Of eleven
million dollars t$11, 1000, ,000.)
Section s. For the purpose Of creating
a retirement fund for the retirement Of
such bonds upon maturity and the pay
ment of interest thereon as it falls due, |
the proper state and county officers shall |
levy and collect tax of one mill upon |
each dollar of the taxable property In the |
state for the year 1921 and for each year
thereafter: Provided. That II said tax be |
insufficient then the proper state and |
county officers are authorized and di- /.
rected to levy and collect such additional 4
taxes as may be necessary for the pay
IN nf int how dc at,I > kI,ol
retirement of the principal thereof upon |
All moneys derived from such |
tax shall be paid into the state treasury |
and credited to fund to be known us
the Veterans Compensation Bond Re- |
tirement Fund.-
Section 9. No charge made by any
agent, notary public or attorney for any |
service in connection with obtaining the |
allowance as provided for by this act |
shall be recognized by the state and any |
person who, for consideration. discounts !
or attempts to discount. or for consid- !
GRAFTON advances money upon any certifi- |
cate or certificates issued pursuant to the |
terms of this act, shall be guilty OF |
gross misdemeanor
Section 10. Any person who. with IN |
tent to defraud, subscribes to any false |
oath or makes any false representation |
ither I'm the execution of the certificates |
provided for by this act or who. with in |
auditor, or to any other officer of the !,
state. any certificate for the purpose or
obtaining funds provided by this act
which do not In fact belong to such per-
son, or makes any false representations
in connection with obtaining any funds un-
der the terms of this act, shall be guilty
of a felony
additional means for raising moneys Ior
the payment of the interest and principal
of said bonds and this act shall not be
deemed to provide an exclusive method
Section 10 If any section, subdivision.
sentence or clause of this at Is FOR any
reason held to be constitutional. such
decision shall not affect the the ya'o''S at O.
Section 13. This act shall he submitted
to the people for their ratification at tns
next general election In acofdanee VIII VIII
the porvisions of section 3. of Article VIII
of the State Constitution; ma IN accord
ance with provisions Of section l OF Ar
tjcIe' III of the State CONSTITUTION as
amended at the the a%s ADOPTED
facilitate the operation thereof. ,,,,
Passed the House, March % 1870
Passed the Senate. March 23' .s2O -
1920
NOTE BY SECRETARY OF STATE.
The above act filed in the office OF the
caaratarv of state March rs. 1920
l. M. HOWELL. .,,,e
Secretary OF state
Tbare shall be printed m al oaii9ss
nrarided for the said election the woius.
pioE .Eor Referendum Bill No. 2. relating
to eSnalzed @ compesation to veterans rams Q,
the war with the Central M Aiied No rTets reisting
Against Referendum iinn Bil1 no TO- v.tsrans %
of oS the ee'S'T war with the Central Allied fo"-
ers ,,oaof have hereunto
cot nv hand and affixed the seal OF tue
state of Washington. -. .ov ~ Tune
1920. Nr HOWELL.
(Seal) Secretary of state