Indiana daily times. [volume] (Indianapolis [Ind.]) 1914-1922, 1921-01-25

and sent in the United States mail with
full prepaid postage, addressed to said
officer and to said taxpayers at their
usual place of residence at least five days
before the date fixed for such hearing
The hearing herein provided for may be
held by any one member OF the State
board of tax commissioners, or by any
special representative thereof, who shall
file a written report of the facts sub
m1tted at such hearing with the State
board of tax commissioners, and said
board shall thereupon consider such writ
ten report together with the petition,
and render its finding thereon; and such
written report of the hearing shall be
filed with the papers and become a part
Of the record in such case. The State
board of tax commissioners shall there
upon certify Its action with respect
thereto to the auditor Of the county, who
sl,alI thereupOn certify such action to the
tax unit or units interested therein, and
the action of the State board of tax com
mtsstoners with respect to said tax levies
and such parts thereof as may have been
in question shall be final and conclusive.
MUNICIPAL BOND
ISSUES PROVIDED.
Sec. 4 That Section of the last above
entitled act be amended so as to read as
follows: Section t. That Section 201 of
the above entitled act be amended to read
as follows: Section POI. After Jan. l.
1921, any municipal corporation, through
its proper legal officers, may issue such
bonds or other evidences OF indebtedness
as 1t may deem necessary. In the event
that the proper legal officers of any mu-
niclpal corporation shall determine to
issue any bonds or other evidences of
Indebtedness exceeding five thousand
dollars, notice of such determination
shall be given by publication for two
weeks in two leading newspapers of op-
pOsite political parties published In such
taxing district, or in one such paper IL
only one be there published, or in case
no newspaper is there published, then
the same shall be published in any two
newspapers representing the two leading
political parties published in the county
and having a general circulation In such
taxing unit, or If only one such paper
be there published then such notice pub
lished in such paper shall be sufficient
to comply with the requirements herein.
and by posting such notice in three pub
lie places in such taxing district.
Ten or more taxpayers from the taxing
unit. other than those who pay poll tax
only, and who win be affected by the
proposed issuance Of such bonds or other
evidences of Indebtedness and who may
be of. the opinion that such bonds or
other evidences Of Indebtedness should
Is excessive or insufficient for the pro
posed purpose thereof, may file petition
in the office of the county auditor of the
county In which such municipal corpora
the issuance of such bonds or other evil
dtnces Of indebtedness shall have been
determined upon by such municipal cor
poratiOn setting forth their objections
thereto and facts showing that the pro-
posed issue is excessive or insufficient
as the case may be. Upon the filing OF
any such petition the county auditor
shall Immediately certify a copy thereof,
together with such other data as may
be necessary In order to present the
questions involved TO the State board OF
tax commits sioners, and upon the receipt
Of such certified petition and Information
shall fix time and place for the hearing
Of such matter, which shall not be less
than five nor more than thirty days
thereafter and said hearing shall be held
in the taxing unit or in the county where
the taxing unit is located, which pro-
poses to issue such bonds or other evil
deuces Of Indebtedness. Notice Of such
hearing shall be given by the State board
officer of the taxing unit and TO the nrst
ten taxpayers petitioners upon such Pc
tition, by a letter signed by one mem
her Of the State board Of tax commits
sioners and enclosed in a sealed envelope
with full prepaid postage addressed TO
said officer and taxpayers at their usual
place Of residence at least five days be-
fore the date Of such hearing.
The decision Of the State board Of tax
commissioners, upon the issuance Of said
obligations and the amounts thereof. II
any. which may be lawfully issued. shall
be final. The hearing herein provided
for may be held by any one member Of
the State board of tax commissioners,
or by any special representative thereof
who shall file a written report of the
facts submitted at such hearing with
the State board Of tax commissioners
and said board shall thereupon consider
such written report. together with the
petition, and render its finding thereon.
Such written report OF the hearing shall
be filed with the papers and become
part Of the record In such case.
See :. Whereas an emergency exists
for the immediate taking effect of this
act. the same shall be In force and eff
feet from and after its passage.