The Bismarck tribune. [volume] (Bismarck, N.D.) 1916-current, 1920-12-02
FIVE lNITIATE ED.
LAWS EFFECTIVE.
IN STATE today
Ruling Declares That They Are
Effective Today Instead
of Tomorrow
NO WITHDRAWALS HERE
-
Local Treasurers Say They Will
Not Disturb Balances in the
-. ~ B. of N. D.

The five initiated laws enacted by
popular vote at the November cleo
ton became effective today without
any attempt being made to halt them
through court action, as some had
predicted.
There has been some difference of
opinion as to whether the laws are
effective today or tomorrow, the law
providing they shall be effective 80
days after the election. The secretary
of states Noffice has ruled they are
effective today. "a,
, Under these laws county treasurers
may withdraw public monies from the
Bank of North Dakota, a board of au-
tlitors may examine the bank, the
banks real estate loans are limited
to resident farmers, all newspapers
may print private legal notices and
Miss Minnie j. Nelson is again, given
many powers removed from her when
the legislature created the board OF
administration.
Following the action of the eXecu-
tive council of the state bankers as
sociation it is doubtful if there will
be heavy Withdrawals Of public
money made on the Bank Of North
Dakota by treasurers No withdraw
ais will be made by most of the Gus
totlians of funds in Burleigh county,
unless the Bank of North Dakota
makes too hsavy drafts on county
Attitude Here
Il do not intend to make heavy
withdrawals" said Richard Pen
warden, county treasurer. "Of course,
if the Bank of North Dakota with
draws heavily from the rural banks
OF Buleigh county feel it my duty
to deposit what public funds l can
in those banks, but if the Bank of
North Dakota does not make heavy
withdrawals l Shall not disturb my
balance at the present time, except
for current expenses The county
has about $4,000 in the Bank OF
North Dakota on certificate Of de-
post under which the money is lue
in January.
A. ]. Arnot and John Larson, city
and school treasurers, do not intend to
make Withdrawals now except FOR
payment of current expenses
The board of auditors is expected
to make an examination Of the Bank
of North Dakota and the Drake mill
this month. The law provides that
the examination may be made with
out previous notice, so it is expected
the examination will be started
without previous announcement OF the
exact time.
Newspaper Law
Another of the laws that was pass
ed amends very materially the Off
cial newspaper law. Heretofore, the
law provided that every legal notice
of any kind had to be published in
the official county newspaper which
is chosen at an election. This has
been amended so that the official pa
per publishes only the official pro-
by the counties or by the cities III
which they are located. Parties pub
fishing private legal notices, such as
mortgage foreclosure notices, ETC., are
privileged to publish them in any le-
gal newspaper.
The last Of the group OF initiated
laws relates to the duties and pow
crs of the office of state superin-
tendent Of public instruction. The
legislature two years ago passed the
so-called board Of administration
law by which a number OF powers
were taken from the superintendent OF
public instruction. These powersrre-
lated particularly to the designation
of courses of study and the certifica-
ton of school teachers. BY the ini-
tiated law, these powers are all re-
turned to the superintendent Of pub
lie instruction and are removed from
the jurisdiction of the state board OF
administration.
Laws in North Dakota are initiated
bv petitions signed by 10000 voters.
These petitions must be in circulation
and must be filed at least so days
, before the election. 1t is then made
the duty of the secretary of state to
submit the proposed law to the peo-
pie. and if a majority approves, it be-
comes a law of the state thirty days
after election, if the canvasslnS board
has declared it passed by the cleo
tOrate.