The Powder River County examiner and the Broadus independent. [volume] (Broadus, Mont.) 1919-1935, 1922-01-27
VALIDITY OF ROAD
BONDS QUESTIONED

River county highway bonds. attorneys
are said to hold different views from
the contention that Irregularities oc.
CURED at the time they were voted
upon by the people Of this county. A
special election was held September 2,
1919, for the ISSUANCE. Of $15O.00O IN
highway bonds and they carried by II
majority of 33 votes, the count stand
ing 2S2 to 249. 1t is said that no elec-
| tions were held in Precincts 46 and 81
end that no election ne tees We're post
ed In Precincts As, As, 81, SO, 81, GO,
81 and 62. In two cases the notices
arrived too late for posting. In enc
| Instance only one judge of election ape
peared at the polls and with his exc
ception no one else appeared in his
precinct to vote.
OF this $150,OC0 issue. the beard Of
| county commissioners are now adver-
Using the sale Of road bonds to the
amount Of 100000, bids for which will
be opened Wednesday,. February 3. The
proposed bend sale has been widely ad-
vertised and inquiries have been re.
ce;ved by some eighty bond houses. The
sale of the bonds is not to be mas,e
below par and is conditional upon y
favorable opinion for the validity of
the bonds by reputable bond attorneys
According to an apparently WELL
founded report, certain taxpayers tf
this county have organized to enioin
tho county commissioners from nego-
tiating a sale of the road bonds IS
proposed. Should such action he taken
it IS probable that validity of the hond
issue will be determined through liti-
So ton in the courts.
County surveyor Against BOnL sale
Editor, Powder River county Exami-
ner:--In a former issue of your paper,
issue pased anew before
p' one would EXPRESS my logic on the the
one has, and that very little has been
said at all on the subject through the
Examiner. l beg leave to offer the fol-
lC wing:
wish to state cases and conditions
only briefly and generally and leave
the reader to supply what would treat
more. copious and interesting manu-
J script.
that zenith of imitation occasicned by
the great war. Produce of all kind.
brought a great price. money was eas.
to be had % and everyht%"dy had iittl.
. on war prices and labor was still q
2. premium. as only few of the sol
had vet from the
waees 'ess 70 come ',s down. * course S an; n;
come con- Ne nor just Just what it t"a Would " be ~ iiH"
: our worst anticipations. In the pros
wae vo9ed sSt in the ceonty Tor
construction of state highway Ha'
those bonds been sold at the time an
the pre- ceeds turned to road buildin:
would
inflated state highway on our hands
> Imitation means not your money
, sixty cents worth Ct road for a dol
lars. worth Of lost. but we would b
! paving six per cent interest on the dol
! down to brass tacks now. this is equiv
[ alent to a ten per cent rate. to sa
q nothing about the forty cents that
in most private business receiving tn
most constant, careful and intereste
J, attention. not to mention public enter
. maximum from expenditures. Thea
= are the reasons why voted and use
I my influence against the road bond
Today those bonds are still on tn
books at Broadus subject to dispos
on ny sns n
' CT the prosperous days Of 1919. Con-
y pare the running expenses Of the cour
9aS ss M tmf st hsa t.
list all those who borrowed the none
to pay their taxes to avoid the pei
C atty. Borrowing the money to di.
y charge a debt is not discharging tn.
:, debt; 1t is putting it off. Can anybcd
definitely point out better times aheat
It America Ia gaining trade in the Pacit
but losing in Europe and in Sout
America. AS long as the present pric
} Of cattle prevail, with the present co
Of production and marketing:. as lOl
, az bushel of Argentine wheat can
! laid down in New York cheaper tn:
a bushel OF Minnesota wheat. the We
fare of the people of Powder Riv
county cannot very materially chan.
and adversity: in these times of u
= Powder River county need a bond
cue? I do not think it does. Wou
=, it make times prosperous? I do n
nd think it would. The interest alo
IN on such n bond issue would. in :
y. course of time the bonds are to ri
w exceed five thousand dollars per mi
o. or one dollar for each lineal foot
or road. This is more than double t
p amount necessary to construct t
es. same road without federal aid as tri
y, out and demcnstrated by one Of q
~ adjoining counties. So at the end
ne twenty years we will have paid
ne tho road twice in interest under I
M bond plan. Putting it little differe
re- The interest would build this road
ne Indebtedness behind.
'es Now little about the country: II
OF 1t is no longer a stock country evel
he Tone agrees: neither has it been de
Ill fcnstratcd to be n farming count