Decorah public opinion. (Decorah, Winneshiek County [Iowa]) 1895-1928, 1922-09-06
SOLDIERS BONUS LAW

lars, and providing for the issue
and sale of bonds of SAID state
in evidence thereof, to procure
funds for and pay bonus to per-
sons who served in the military
or naval service of the United
States at any time between the
sixth day of April, nineteen hun
dred seventeen, and the eleventh
day of November, nineteen hun
bred eighteen, or their successors
in interest, providing for board
TO administer such payments, pro-
yiding for an additional bonus for
persons under disability, providing
for the imposition, levy and collec-
tion of a 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 SUD-
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 il enacted by the General Assem-
bly, of the State of Iowa:
Section /. The state of Iowa Is
| hereby authorized to become lndebt-
ed in the amount of twenty-five mil
| lion dollars, $4,000, 100000 and in
evidence thereof there shall be issued
and sold negotiable coupon bonds, OF
said state, as hereinafter provided,
and the proceeds thereof shall De
paid into the treasury Of the state
to be expended for the payment VI
a bonus to the persons defined IN
section four ca of this act or Tor
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 ms
act. - --F-GLyE az wv
Section 2. The treasurer Of the
state is hereby directed to cause 10
be prepared negotiable coupon bonds
of this state in the amount OF
twenty-five million dollars, (S22.OG0,-
00O00) such bonds to bear interest
at the rate of not to exceed i've
per cent per annum, which interest
Shall be paid semiannually. Such
bonds shall be issued so that SAID
indebtedness shall be payable an
twenty equal annual installments. 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 sand
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 TINS
act, and to make the payments here
matter provided. Such bends shall
be sold at not less than the par
value thereof and accrued interest
thereon 10 the highest and most
~ --.;.- sszA ,afsss aaysEt ism!
tor 4 oerlou u 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 readvertlse
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 S22,000,000) is hereby APP
propriated out of said bonus fund for
the purpose of carrying out the
provisions of this act.
arises as heirs at law, devlsees,
Section 4. Every person, male OF
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 6, 1917, and November II
1918, and who at the time of enter
ing into such service was resident
of the state of Iowa, and who wa:
honorably separated or discharged
from such service, or who is still II
active service, or has been retired
| or has been furloughed to q reserve
shall be entitled to receive from th'
proceeds of such bonds as bonus
the sum Of fifty cents (.50) for eacl
day that such person was in actlV
service, such bonus not to exceed
total sum of three hundred and Mt,
dollars ($350.OQ). No person shall
be entitled to such payment or a.
lowance whose only service was i
the students army training corps 0
who received from another state
bonus or gratuity of a like natur
provided for by this act, or Nh
. being in such service, received CIV
ian pay for civilian work. No pei
son Shall be entitled 10 such paymer
or allowance who being in the mil
tary or naval service of the Unite
: States, subsequent to April 6. 1911
refused on conscientious, political {
other grounds to subjec. himself
military discipline or to render III
qualified service. The husband {
, wife, child or children, mothe
: father, sisters or brothers, in the o
r der named and none other, of al
, person as defined in this section. wi
. diad while in the service or who u: