Plentywood herald. [volume] (Plentywood, Mont.) 1908-current, 1931-03-19
BY THE GOVERNOR OF THE
STATE OF MONTANA-A PROC
IAMATTON

LAMAIlON
Whereas, The Twenty-second Legis-
tive Assembly Of the State of Mon
ana has passed House Bill No. $50,
can Act known as the State
Highway Treasury Anticipation
Debenture Act of 1881 and au-
thorizing the issuance of deben-
lures of the State of Montana in
the principal sum not exceeding
six million $4,000 ,000) dollars
for the years 1881 to 1884, in
elusive, and not to exceed n
million five hundred thousand
($1,500, 000) dollars in any one of
said years, and providing for the
sale thereof for the use of the
State Highway Fund for the pur-
pose of assuring the ability of the
State of Montana to secure any
moneys made available by the
Act of Congress in reference to
highways, and for other highway
purposes; providing for a tax on
gasoline or motor fuels and antic-
iPNtiiS tiit itNClluCS lilti tltOlu,
prescribing the form and terms
and conditions of said debentures
and interest thereon and the dates
of their maturities; calling a gen
eral election for the submission of
this Act to the people and prov
iding the method for referring
the question of the issuance and
sale of said debentures to the
people at a general election and
prescribing the registration for
such election, and prescribing
the methods for holding such
general election and appropriat-
ing moneys from the State High
way Fund to pay the cost there
of; providing a method by which
the State Treasurer may purch-
ase said debentures and provid-
ing that said debentures may be
accepted as security for the re-
payment of public moneys; pre-
scribing the conditions under
which the sale Of such de,bentures
may be made and the use of the
funds to be derived from the sale
of such debentures; prescribing
the amounts and years RESPECTIVE
ely in which said debentures shall
be due and payable; providing for
the repayment of both principal
and interest Of such debentures
and for the pledging and setting
aside of a sufficient amount of
said excise or license tax on gas
oline or motor fuels to pay the
same from the State Highway
Treasury Debenture Redemption
Fund herein created; providing
for the cost of such general cleo
ton and for the cost of advertis-
ing the sale of said debentures;
providing for the creation Of a
liability binding the State of
Montana not to reduce the license
tax on gasoline or motor fuels
until after accrual Of sufficient
moneys to pay the said debent-
ures and interest; defining the
duties of election officials here
under and providing penalties for
violations of the election provis-
ions of this Act"; and
Whereas, Said House Bill No. 450
ras approved by the Governor on the
bird day of March, A. D. 1881.
Now, therefore, |, ]. f. Erickson,
Governor of the State of Montana, un-
err and, by virtue of the authority
ested in me by the Constitution and
statutes and by said House Bill No.
SO, do hereby declare and proclaim
hat on Tuesday, the fifth day of May
|. D. 1881, there will be held in the
tate of Montana a General State
ride Election by the qualified voters
f said State for the purpose of ex-
ressing their approval or disapprov-
! of said House Bill No. $50 and of
he proposition of the issuance of the
roposed State Highway Treasury
anticipation Debentures; said election
ate having been fixed in said House
Bill No. 450.
Said election shall be held at the
sual precinct polling places in every
ounty of the State of Montana on
he date aforesaid.
The form of the ballot used at said
Statewide election shall in