Decorah public opinion. (Decorah, Winneshiek County [Iowa]) 1895-1928, 1922-07-12
SOLDIERS BONUS LAW

4 III GNlNEANG AAAClNplD w
funds for and pay a bonus to per
sons who served in the militar!
or naval service of the United
States at any time between tn
sixth day of April, nineteen hun
bred seventeen, and the eleventh
day of November, nineteen hun
dred eighteen, or their successor!
in interest, providing for a boart
10 administer such payments, pro
viding for an additional bonus fol
persons under disability, providing
for the imposition, levy and collec
ton of direct annual tax sufficient
to pay the principal and Interest
on said bonds, providing penalties
for the violation of the provisions
of this act, providing for applica-
ton of any surplus to the retire,
ment of the Indebtedness herein
created, and providing for sub
mission of this act to the people 10
be voted upon at the general cleo
ton to be held in the year nine
teen hundred twenty-five.
Be it enacted by the General Assem-
bly, of the State of Iowa:
Section l. The state of Iowa is
hereby authorized to become indebt-
ed in the amount of twenty-five mil
lion dollars, $4,000, 000.00) and in
evidence thereof there shall be issued
and sold negotiable coupon bonds of
} said state, as hereinafter provided,
and the proceeds thereof shall be
paid into the treasury of the state
to be expended for the payment Of
bonus to the persons defined in
section four (4) of this act or for
the benefit of such persons, as pre-
scribed by section eight (S) of this
act, and for expenses incurred IN
carrying out the provisions of this
act.
Section 2. The treasurer of the
state is hereby directed to cause to
be prepared negotiable coupon bonds
of this state in the amount of
twenty-five million dollars, (S22.0G0,-
100000 such bonds to bear interest
at the rate of not to exceed five,
per cent per annum, which interest
shall be paid semiannually. Such
bonds shall be issued so that said
Indebtedness shall be payable in
twenty equal annual instalments. the
last of which shall be within twenty
years from date of issue. Said
bonds shall be signed by the COVER
nor, under the great seal of said
state, attested by the secretary of
state and countersigned by the
treasurer of state, and the full faith,
credit and resources of the state Of
Iowa shall be pledged for the pay
ment thereof. The interest coupons
attached to said bonds shall bear the
Autographed facsimile signatures Of
said officials. The treasurer of state
shall sell said bonds to obtain funds
to carry out the provisions of this
act, and to make the payments here
matter provided Such bonds shall
be sold at not less than the par
a, re faeleas -eq.nea -s:c.1saa interest
thereon 20 the highest and most
responsible bidder after advertising
for a period of twenty consecutive
days, Sundays excepted, in at least
two daily newspapers printed in the
city of Des Moines. Advertisements
of sale shall recite that the trea-
surer of state, in his discretion. may
reject any or all bids received and,
in such event, he shall readvertise
for bids in the form and manner
above described as many times as
in his judgment may be necessary
to effect a satisfactory sale.
Section 3. The proceeds of such
bonds so paid into the treasury of
state shall constitute a bonus fund
and shall be distributed to the per
sons entitled thereto, as hereinafter
prescribed. Said twenty-five million
dollars (S22,000,0O0) is hereby ap-
propr.ated out of said bonus fund for
the purpose of carrying out the
provisions of this act.
Section 4. Every person, male or
female, including army, navy, and
marine corps, nurses who served in
the military or naval service Of the
United States at any time between
April s, 1917, and November II,
1918, and who at the time of enter
ing into such service was a resident
of the state of Iowa, and who was
hOnorably separated or discharged
from such service, or who is still in
active service, or has been retired
or has been furlOughed to a reserve,
shall! be entitled to receive from the
proceeds of such bonds as a bonus,
the sum Of fifty cents (.50) for each
day that such person was in active
| service, such bonus not to exceed a
total sum Of three hundred and fifty
! dollars C$350.00). No person shall
be entitled to such payment or al
lowance whose only service was in
the students army training corps or
! who received from another state a
| bonus or gratuity of a like nature
provided for by this act, or who
being in such service, received civil
ian pay for civilian work. No per-
son shall be entitled to such payment
or allowance who being in the mill
tary or naval service of the United
States, subsequent TO April 6. 1917
refused on conscientious, political OF
other grounds TO subject himself t.
military discipline or to render un.
qualified service. The husband OF
wife, child or children, mother
father, sisters or brothers, in the OF
der named and none other, Of any
person as defined in this section. Wht
died while in the service or who ha
deceased before receiving the benefit
of this act, shall be paid the sun
that such deceased persons would b
entitled TO herunder if such lie
ceased person had lived.
Section D. Before receiving an,