The Oroville weekly gazette. [volume] (Oroville, Wash.) 1905-19??, 1920-08-27

I
Iappications. The state auditor IL harah,
autnorized and directed to prepare s',cy
printing and office supplies and eo,,inD
ha n. a,u W employ sucn persons as may
oS nscessary III order to properly carrv
Ioul tne provisions of this act. and all az,
penses incurred by him in the admints. /.
tlatioh Oh this act shall be paid bv war >
sat,nn orawa ,..sn upon the Veterans Compen-
Ihe adJutant general shall advise win
anu anu ASSIST the state auditor in the per-
IiorHance OF the duties of the auditor I'M
a.tt tnis ACT, and when so called upon the
Iauyueaht general may employ sucn per-
sons anu incur such expenses as NAV ne
Inecessary, such expenses to be paid hv
warrants urawn upon the Veterans' Com,
pensation Fund. So"
The auditor and the adiutant ya,ara,
may require persons employed by them
uhuer tiiS act to furnish good and suffi
cieht surety bonds to the State of wash
,n,, ,ms .on ,or the faithful performance OF
snei. uuties ana the premiums upon saio
pohus snaii be payable from the \ etarons a.
compensation rund
section b. The state auditor may In his
IuisSletioIi issue warrants under the pro-
VISIONS Oh TINS act in anticipation of the
safe Oh the bonds herein autnorized
section D. For the purpose of proyidins
means FOR the payment of Commemorative
ns ed,ni.I ed,,Jer anu Tor paying the expenses
W ADMINISTRATION, there shall be issued
anu SOLD bonds of the state of Washing Ton
ln 40 me sum OF eleven million dollars tsIl
oVo,ooo): Provided, That ii the proceeds
70 70 nne. ane SAFE s Oh such bonds be insufficient
70 pay the compensation herein allowed
tnen suIficent additional bonds to pay
sucn compensation shall be issued ana
sou. Inc issuance, sale and retirement of
snna sn,a a,,ss,o Dohus snail be under the general
SnuPei. VISION ana control of the State
Board OF Finance. The State Board of nj
mahce may. IN its discretion, provide for
the issuance of coupon or registered
lponos ,s, 10 De dated, issued and sold from
hnl
W. necessary to make the payments pro-
jVided FOR by this act. Each of such bonds
snall De made payable at any time moi
its i1eSu,mS iss,,aS twenty years from the date of
lltS issuance, with such reserved rights
81 prior redemption as the State Board of
Iinalce may prescribe to be specifiad
thherein. th The bonds shall be signed by
the the sonern9r and the state auditor under
.e sea- Oh the state; and, any coupons
attached to such bonds shall be signed
Dy the same officers, whose siyna t,,ras
snereon may be in facimile, and such
eUneaa snd., six Dear interest at rate not to
SAseeu SIX per cent per annum, which
ponus shall be sold for not less than mar
any ponds may be registered i'm the name
vi tr Tue holder on presentation to the state
treasurer or at the fiscal agency of the
state of Washington in New YORK "a DC t,te te
princlpal alone or as to both principaI and
interest under such regulations as m :,
shaie sba,I t treasurer may prescribe. Said bonus
promise of the State of Washin~ton ~
pay potn principal and interest In gold
com OF the United States of pre ,e =. ssam1
ualo tSa vaiue, at such place or places as
the State Board of Finance NAV nre,,i5s'
ana snail be in such denominations as may
pc prescribed by said board All bonds
issued under the provisions of this ACT
may pe sold in such manner and in such
amounts and at such times AID on such
terms and conditions as the S.ate R"ard
|oi tlnance may prescribe: Provided
tnat II said bonds are sold to any persor
otner than the State of Washington, they
snail be sold at public sale. and Il shall,
De the duty of the State Boa cd Of Finance
10 cause such sale to be advertised IN
SUCH manner as it may deem sufficient.
bonds issued under the provisions of
any OF the fiiaSdE of the stats. % incIndins - >
tne permanent school fund. any higher
educational funds, and accident fund of
thS industrial insurance department
Section Z. The money arising from the
sale of each issuance of bonds shall be
'deposited I'm the state treasury to the cred
u OF special fund to be known as the
,hasI Veterans' Compensation Fund which
pensation provided in this act and for
paying the expenses of the administra-
tion thereof. tor'the purpose of carrying
out tne provisions of this act there is
hereby appropriated from the Veterans
Compensation Fund the sum of eleven
million dollars tS11, 900. .OOO.)
Section s. For the purpose of creating
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
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
and credited to fund to be known us
the veterans Compensation Bond Re-
tirement Fund"
Section 9. No charge made by 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
lor attempts to discount or for a consid-
GRAFTON advances money upon any certifi-
cate or certificates issued pursuant to the
terms of this act. shall be guilty of a
gross misdemeanor
Section TO- Any person who. with in
tent to defraud, subscribes to any false
joath 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
state, any certificate for the purpose of
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 feloAy
Section IL. The legislature may provide
additional means for raising moneys for
| the payment of the interest and principal
| of said bonds and this act shall not be
deemed to provide an exclusive msthod
| for such payment.
| Section IL. If any section. subdivision
sentence or clause of this act is for any
reason held to be unconstitutional. such
decision shall not affect the validity o,
the remaining portions of this a3t:
| Section 49, This act shall be subm'tteo
to the people for their ratification at NE
lnext general election in acordanee Will
1.-THE porvisions of section 3, of Article VIZ
of the State Constitution; and in accord
lance with provisions Of section | or Ar
| ticle II Of the State Constitution a.: a.
lamended at the general election held n
November, 1912, and the laws adopted tt
Facilitate the operation thereof.
Passed the House. March y. 132O
| Passed the Senate. March %, I92o ~
Approved by the Governor March ="
I1920.
NOTE BY SECRETARY OF STATE.
The above act filed in the office ot TN
|Sacretary of State. March 25. 1920
I. M. HOWELL. .,
Secretary of state
| There shall be printed N IN oa,i9s 9s