The Wolf Point herald. (Wolf Point, Mont.) 1913-1940, 1924-08-14


warrant in the name Of the claimant upon the
Veterans Compensation Fund FOR an amount
equal to Ten Dollars $4,000 for each and
every month of active service, or major trac-
ton thereof, subsequent to the sixth day of
April, Nineteen Hundred Seventeen, not ex-
ceeding, however, a total of Two Hundred
Dollars (s2O0.00), and the State Treasurer
shall pay such warrants from the Veterans
Compensation Fund.
In cases where application for compensation
is made by the widow, children or parents
of a deceased veteran, such person shall fur
nish the same as though the ap-
p~lication were made by the deceased veteran
and the State Auditor shall prepare an ap-
propriate form of certificate to cover such
cases. Compensation allowed to the children
of deceased veterans shall be paid to the
guardians of such children, which guardian, II
appointed by the courts of this state, shall
serve without compensation and IN the dlsere-
ton of the court without bond, and it shall
be the duty of every county attorney IN TINS
state to appear in the courts or render any
other necessary legal assistance in behalf OF
such children in so far as the provisions OF
this Article are concerned, without compen-
sation, and no public officer shall collect any
fees in any proceeding brought IN Dena1 OF
such children to secure compensation under
this Article.
The State Auditor is empowered to make
such additional reasonable requirements from
applicants as are necessary to prevent fraud or
the payment of compensation to persons not
entitled thereto.
Section A. The State Auditor shall fur
nish free of charge, upon application therefor,
the necessary form of certificate to all persons
entitled thereto, and may establish at different
points within the State of Montana offices
at which there shall be kept on file for the
use of persons covered by this Article a sui
fcient number of forms of certificates so that
there may be no delay in the payment of this
compensation. The State Auditor may author
ize the county auditor, or county clerk, or both,
of any county of the state to act for him IN
receiving applications under the provisions OF
this Article, and shall furnish such person
with the proper certificates to enable him to
accept such application. The State Auditor
is hereby authorized and directed to procure
such printing and office supplies and equip
ment, and to employ such persons as may be
necessary in order to properly carry out the
provisions of this Article, and all expenses
incurred by him in the administrator of
this Article be paid by warrants drawn upon
the Veterans Compensation Fund.
The Adjutant General shall advise with and
assist the State Auditor in the performance
of the duties Of the Auditor under this Article.
Section 5. For the purpose of providing
means for the payment of compensation here
ministration, the State Board of Examiners
of the State of Montana is hereby authorized,
and directed to issue, from time to
time, as may be required for the purpose OF
this Article, bonds of, and in the name of,
State of Montana, to and in the amount
Of the sum of Four Million Five Hundred
Dollars ($4,500, 100000 in excess OF
he constitutional limitation of indebtedness OF
the State of Montana, and over and above
any bonded Indebtedness of said state here
tofore created or incurred for which said state
is now obligated. The bonds provided for IN
this Article shall be issued in denomination
Of One Thousand Dollars Isl, OO0.OO) each,
and shall bear interest at a rate not exceed
ing five and one-half per cent 6H@0) per
annum, payable semi-annuaily on the hrst
days of January and July of each year at
the office of the State Treasurer of the State
Of Montana, or at some bank in a city outside
Of the State of Montana designated by the
State Treasurer such bonds shall be dated
on the first day of January or the first day
Of July and shall become due and payable
twenty (20) years from their date and be
redeemable at the option of the State Board
Of Examiners at any time after ten (lO)
years from their date at any interest paying
period. The bonds herein referred to shall
be in such form as may be prescribed by the
Attorney General and approved by the State
,he members of said board and issued
lnder the great seal of the State of Montana,
and shall be registered in the office of the
State Treasurer. Said bonds shall have in
crest coupons attached thereto covering the
interest due semi-annually which coupons
,hall be executed with facsimile signatures
If all the members of the State Board of
Examiners, and the signing of said coupons
with said facsimile signature shall be recog-
nized as sufficient execution of said coupons
IN behalf of the State of Montana.
The bonds provided for in this Article shall
De disposed of by the State Board of Examiners
n such manner as they shall deem for the
interests of the State in carrying out
provisions of this Article, provided, that
10 bond shall be disposed of for less than its
oar value.
Bonds issued under the provisions of this
Article shall be a legal investment for any
# the funds of the state.
Section 6. The money arising from the
of each issue of bonds shall be deposited
n the State Treasury to the credit of a
pecial fund to be known as the Veterans
Compensation Fund which shall be used for
he payment of the compensation provided in
his Article and for paying the expenses of
he administration thereof. For the purpose
# carrying out the provisions of this Ar
there is hereby appropriated from the
Ieterans' Compensation Fund the sum of Four
Million Five Hundred Thousand Dollars
$4,000, 0 O.OO) or so much thereof as may be
Necessary.
Section Z. All payments or allowances
made under this Article shall be exempt from
IL taxation and from levy and sale on ex-
cution.
'section 8. That there shall be levied an
lually a tax not exceeding one mill on the
.ollar on all property in the State Of Montana
ubject to taxation, which said tax when coll
ected by the County Treasurers of the coun-
les of the State of Montana shall be by them
ccounted for and paid into the State Treas
ny of the State of Montana and to be by
he State Treasurer placed in and credited to
fund to be known as the Veterans Com
~ensation Bond Retirement Fund" and which
shall be used exclusively for the pay
lent of principal and interest accruing on said
onds.
Section 9. No charge made by any agent,
onnection with obtaining the allowance as