The Bismarck tribune. [volume] (Bismarck, N.D.) 1916-current, 1923-02-26

so that the senate can give Il
ence committee reports and
house. The house had 126 Sc
Home Builders Dies
The house of representatives
made big strides Saturday after
noon in disposing of some of the
most important matters of legis-
lation before the present assem-
bly, Among these measures were:
Concurrence in senate amend
ments to house bill No. 243, pro-
viding for $2,0OO,OOO bond issue
to providing working capital for
the Grand Forks terminal mill and
elevator.
Passage, unamended, of the SEN
ate bill providing for liquidation
of the affairs of the state Home
Building Association, providing for
settlement with purchasers of
homes.
Repeal of the act authorizing a
$2,OOO,O00 bond issue for the Home
Building Association.
Passage Of two acts in con-
fornlity with no-party election law.
Passage of a resolution for con-
stitutional amendment permitting
straight 3O-year amortization farm
loans; also bill giving Industrial
CommssonN power to cancel low
denomination bonds and substitute
bonds Of higher denominations.
The speed with which the house
has disposed of some of the big
gest measures of the session en-
phasizes the determination of In
dependent leaders to push all i'm
portant legislation through before
the last minute rush, to prevent
failure of legislation or lack of
proper consideration for import
ant measures.
Oppose Bank Resolutions
Opposition developed in the
house to the senate resolution for
a constitutional amendment pro-
viding for bond issue of $780,
900 to pay depositors of closed
banks, and the measure went over
for legislative day before final
action is taken. The house killed
the bill to substitute a gross earn
ings tax for the property tax on
telephones, on the ground that it
would lower the phone company
taxes at the present.
The senate income tax bill was
virtually disposed of when the
amendments proposed by Nom
partisans were defeated in COM
providing for liquidation Of affairs
IF the ASSOCIATION passed unchang-
ed from the senate measures, and
will now 60 to the Governor for
signature Senate bill No. 277 au-
thorizes the Industrial Commission
to sell for cash or deferred pay
ments on the best terms possible
the homes already built by the
Home Building Association at the
market value obtaining at the time
the homes were built. An arbitra-
tion board, with the purchaser
naming one member, the Indus
trial Commission another and the
supreme court the third, may be
named to settle any dispute. Meth
er this bill not the bill repeating
the bond issue were. amended in
the house.
When house bill No. 243, intro
duced by Rep. Freeman, Grand
Forks, came back from the senate
amended, the house econcurred by
a vote practically unanimous.
Will Issue Bonds
G.. Il. Austin, general manager
of the Grand Forks project, who
was spectator, expressed plea
sure at the passage of the measure
which, as amended by the senate,
permits a maximum bond issue of
$4,000, 900 to provide working cap-
ital for the mill. Mr.. Austin said
that bonds probably would be is
sued soon, expressing off hand the
opinion that perhaps 100000
would be issued before spring and
perhaps an additional 100000 be-
fore next fall.
The house killed house bill No.
1874, over the protest of Rep. Lar
son, the author and others. It
provided 2 cent maximum mar
gin for shrinkage. 1t was intend
ed, Rep. Peters said, to protect the
grain buyers for line elevator
houses, by providing adefinite limit
beyond which he gould not 60 in
allowing for shrinkhge. Since mill
city houses require buyers to give
equal weight to that bought the
buyer must make allowance, or
forfeit on his bond, and under
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