The Oroville weekly gazette. [volume] (Oroville, Wash.) 1905-19??, 1920-09-10


Itiiicates to enable them to accent Snat
appiications. The state auditor is herebv
au.norized a and directed to prepare sucn
printing and office supplies and eouinH
inent, and to employ sucn persons as M. :,
De necessary in order TO properly carr
Iout the provisions of this act and ali az
penses incurred by him in the adminis-
tiation OF TINS act shall be paid nv Wa
Irants drawn upon the Veterans comnen-
lsation Fund. pe"
Ihe adJutant general shall advise with
anu a assist the state auditor in the per-
iofnlance of the duties oI the auditor nm
!uer thls act, and Wnen so called llpon M.
IauJutaht general may employ sucn per-
% suns anu incur sucn expenses as may be
lhecessary, such expenses to be pulu nv
"aitants uiawh upon the eteraus Com
Ipensation Fund. ~
me auditor and the adjutant general
may require pei sons employed by them
| uhuer thls act 10 iurnisn good and sutIi-
lclent surety bonds to the stare M Vas,, :
ihston ior the faithful performance ot
their duties ana the premiums upon salo
bonds snaii be payable from tu. IeJer,,ns,
compensation una
| Sevtuh .. the state auditor may in his
Iuscletioil issue warrants under the pro-
VISIONS OF this act in anticipation of the
sale VI the bonds herein authorlzed
| section b. For the purpose oil providing
lheahs Tor the payment of compensation
iereuhuer ana lor paying the expenses
vi administration, there shall he issued
ana sold bonds OF the state of Washinpton
IN the sum of eleven million dollars tslI-
,VOO): Provided, That ii the proceeds
vi tne SAFE OF such bonds be insufficient
10 pay tne compensation herein allowed
theii suillcent additional bonds TO nav
such compensation shall be issued and
SOLD The issuance, sale ana retirement OF
said bonds shall be under the general
Super'ision super and control of the State
Board OF Finance. The State Board of Ei
nance may, IN its discretion, provide for
the issuance OF coupon or registered
Ioohus TO be dated, issued and sold from
N m "A tn
| be necessary to make the payments pro.
IVided Tor by this act Each of such bonds
shail De made payable at any time moi
lssAeceuins ls,, twenty years from the date Of
Iits isSuallce with such reserved rights
loi prior redemption as the State Board OF
iinahce may prescribe to be specified
therein. The bonds shall be signed by
the governor and the state auditor under
the seal of the state and any coupons
attached to such bonds shall be signed
10y the same officers, whose Signatures
thereon may be in facimile. and such
ponds shall bear interest at a rate nor 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
81 tr ane noioer on presentation to the state
treasurer or at the fiscal agency of the
state OF Washington in New York, as to
principal alone or as to both principal and
interest. under such regulations as the
STATE treasurer may prescribe. Said bonds
shall be in form embodying an absolute
promise of the State of Washington to
pay both principal and interest in gold
Soin OF the United States of pre- Sc II stan
uard vaiue, at such place or places as
the State Board of Finance may Drovide
and shall be in such denominations 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 the State Board
o. ot finance n nee, may prescribe; Provided.
tnat II SAID bonds are seld to any person
other than the State of Washington, they
shall be sold at public sale. and it shall
be the duty of the State Boaed Of Finance
TO cause such sale to be advertised in
such manner as 1t may deem sufficient.
! Bonds issued under the, provisions of
this act shall be a 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 Z. The money arising from the
sale of each issuance of bonds shall be
deposited in the state treasury to the cred
It OF special fund to be known as the
| veterans Compensation Fund.- which
snail 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 carving
out the provisions of this act there Is
hereby appropriated from the Veterans
Compensation Fund the sum of eleven
million dollars ($11, ,000,00O.)
Section .. For the purpose of creating
retirement fund for the retirement Of
ment of interest thereon as it falls due
the proper state and county officers shall
IleVy and collect tax of one mill upon
each dollar of the taxable property in the
state tor the year 1921 and for each year
| thereafter: Provided. That if said tax be
Insufficient then the proper state and
county officers are authorized and di-
rected to levy and collect such additional
taxes as may be- necessary for the pay
ment of interest upon said bonds and the
retirement OF the principal thereof upon
maturity. All moneys derived from such
tax shall be paid into the state treasury
and credited to fund to be known as
the veterans Compensation Bond Re-
tirement Fund"
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
Iperson who, for a consideration. discounts
or attempts to discount. or for consid-
leration advances money upon any certifi-
|cate or certificates issued pursuant to the
terms of this act, shall be guilty of n
lgross misdemeanor
| Section 10. Any person who, with in
] tent to -defraud. subscribes to any false
ioath or makes any false representation.
either in the execution of the certificates
provided for by this act. or who. with in
tent to defraud. presents to the state
auditor. or to any other officer of the
Iobtaning funds provided by this act.
which do not in fact belong to such per-
lson or makes any false representations
lin Connection with obtaining any funds un-
Ider the terms of this act. shall be guilty
lof felony.
Section H. The legislature may provide
additional means for raising moneys FOR
1.-THE payment of the interest and principal
lof said bonds and this act shall not be
ldeemed to provide an exclusive method
for such payment.
lsentence or clause of this act is for any
treason held to be unconstitutional. such
ldecision shall not affect the validity O.
the remaining portions OF this ah; ,..oa
Section 13. This act shall he submitted
Ito the people for their ratification at me
lnext general election in acotdan'e 'e VIII VIII
1.-The porvsons of section 3. of Article VIZ
lof the State Constitution: ma in accord
lance with provisions of section | of Ar
ItIcle II of the State Constitution az
Iamended at the general election held N
November. 1912, and the laws adopted 'o
facilitate the operation thereof
Passed the House. March y, l5yo
Passed the Senate. March %. l92o -.
Approved by the Governor March ="
IN NOTE BY SECRETARY OF STATE.
caaratarw Of state March %. 1920
'e''e'''' /. M HOWELL ..,o
Secretary 0f state
There shall be printed ~ nll ,a, na,i9s u =
lnrovided for the said election Ihe Wo,ua
"For Referendum Bill NO. ,ns rei,.'i' u
70 eGualized composition TO- Vetrr,.ms ,,,a,s =
1.-The war with the Central A.,ea re,.etin.
"a eainst Referendum Bill no. rtln.i,,' !,
D.. a6,naiized compensation TO v,taran
, iof the war with the Central Aimed 70"
: ters " ,r haya he erpunt
~ ~, hand and affixed the seal ot th
o'none o'1.u a. at olympia, this 1st day OF June
, 1920. ,r HOWELL.
: (Seai) Secretary of State
:, Dell Hart has moved his real esta
I office from the quarters in the liot ny.
! do Grubb block that ne has oc'Nl''
Z long a time to the building u