The Meeker herald., 1920-10-09

II se Ind sse osss :. |. .
con.tita,ion and the laws Of COLORADO
SAID boads .hslI be Issued .dn 10 dsnoml-
hundred dollars. ono hundred dollars.
quire.
These bonds shall be exempt from all
in conducting the sale Of said bonds.
said Commission shall make public ad.
.yertisement thereof In newspapers OF
tunity shall be given to the People of
Colorado to purchase said bonds.
Section ga; Following the adoption
Commi.sion is hereby authorised to On:
ter into contracts with any railroad
company eonh OF companies for the use .ss OF
connections and equipment, for the
transport4tion OF persons and property.
Such contract or contract, shall pro. .
using any OF said tunnels Of an amount
sufficient To- pay tho Interest upon the
bonds issued to build such tunnel. for
the proper maintenance OF said tunnel.
to discharge the principal of said bonds
at their maturity.
Section IA: II any railroad COM
make any Of said tunnel. svaiiabls for
use by said company In the transporta-
tion of persons and property. shall re-
the use OF said tunnel. then said Com
mission In hereby authorized. after due
notice. to hold . public judicial hear
use of said tunnel would decrease the
dangers. delays and expense of the
81 Of sea ss
value of the use of said tunnel by said
railroad company. and to make an or
use said tunnel on terms and conditions
Communication. and to enforce said order
Court Of the State. The orders Of the
Commission shall establish the legal
duty of any railroad company to COM
The said Commission shall also at
hearing. Fix the charges for the use OF
rsiiro.d tr.ffie a. herein Authorized n
All orders of said oommission shall be.
come final and binding At the end Of
snis:. an appeal. which Is hereby su.
thori.ed. IL prosecuted therefrom by
oyrt par: " ,hs in shs SsS
and heard BY said court.
No monopoly shall be granted either
FOR sS the III. S OF sny Of al: :sS
tunnels.
Section ga: As soon as practicable
after the sale OF said bonds. tho State
contemporaneousiy let. to the lowest
and best bidder in the opinion Of said
Commission. contracts fol. the com
nols. which contracts. under proper
safeguards guaranteed by bonds to be
rnF1 nj uatn -
prompt eonstrnesion Of said tunnels. Tn In
case contracts satisfactory to said
or amy Of said tI tunnels e ssn eannot Se made
then said Commission IL authorized to
make contracts for the construction of
parts Of said tunnels. and to carry on
under It's own direction such construc-
tion Of all or any part Of said work as
vided. however. that the construction
OF the three tunnels shall be contempt
81 o
realized from the sale Of said bonds.
Contracts. and in the 1 purehass Of ma.
for the conjunction, OF said tunnels:
preference shall he given to citizens Of
Gable {, g. mateIials produced a The
BY said commission Tor the eonstruc-
shall provide for such preferences In
II sfe m smplEyment OF labor and purchase
Sector ga AL. The State R.!Iro.d
tunnels. their connections and equip
.srS am: and 81 he .ppJns .na
sion. subject to the approval OF the
Governor. the appoIntees necessary to
CARDS see to the protection Of the
right. and interests therein Of the Peo-
said bonds shall be divided and placed
by the State Treasurer In three sep
FIND rhs hhf Mne
Fund and The San Juan Tunnel Fund.
In the proportion Of the estimated cost
nels as determined BY said commission
Of said investigation and the Estimated
size and cost OF each of said tunnels.
with Its approaches. equipment and
connections. shall be certified by said
no pars Of any Of saa iund. ssa Be
payment Of the cost Of such tunnel. its
until the cost of .ueh tSn Gehn Is f1Ily
paid.
After the bonds issued for the con-
and retired. the amount realized from
priated by the State Legislature for
the Improvement of conditions O! trans
portation In the State of Colorado.
Section Ia: The cost of the work
and materials for tho construction and
equipment of each OF said tunnels shall
be paid out Of the fund apportioned
therefor, upon warrants drawn thereon
by the Chairman and Secretary of said
Commission and approved by the En-
gineer of said Commission and the
State Auditing Board; and warrants
for tho payment of all other expenses
incident to the work of said Commits
sion. including the salaries of tho MEM
bers OF said Commission as the same
may be fixed by an act Of the General
Assembly, and the salaries of all ap-
pointees and employees of said Com
mission as the same may be fixed by
said Commission with the approval Of
the Governor. shall be paid proportions
ately out Of said three funds. on war
rants signed by the Chairman and Sec
rotary of said Commission and APP
proved by the State Auditing Board.
Interest upon bonds issued to build
said tunnels accruing during the Pc