The Bismarck tribune. [volume] (Bismarck, N.D.) 1916-current, 1932-06-17

showing tho mileage travelled. the
days when and how travelled and the
purpose thereof, verified by his affi-
davit,. which statement shall be sub.
for approval and shall only be paid
when approved by said Board.
Section 2. All Acts and parts Of
Acts In SO far as in conflict here
with, are hereby repealed.
Section 3: This Act shall take eff.
elective officials on the s0th day of
July, 1882, and rs to elective officials
upon their election and qualification
hereafter.
PROVIDING FOR A FIvE-YEAR
MORATORIUM
Submitted by initiative petition:
measure providing for five
year partial moratorium.
Be 1t Enacted by the People Of the
State of North Dakota:
Sec. 1 That whereas a public
emergency and crisis exists through
out this state endangering the public
health. welfare and morals, in that
agricultural crops and products have
been sold on an average below the
cost of production since 1922, and all
agricultural land values have disap-
peared, due to the uncalled-for de-
flation and manipulation of the cur
rency, through and by the Interna-
llOHdi UAuAcI6, wHlCn CduSeu uuuGI.
consumption and produced starving
millions throughout the nation: and
whereas taxes have been steadily in
creasing In spite of the deplorable
condition confronting agriculture, and
the cost Of living has been generally
maintained; and whereas agriculture
Is the principal industry in this state.
and all other industries in this state
are solely dependent for their exist
ence upon agriculture: and whereas
there is at present no means by which
existing mortgages and indebtedness
can be refinanced, and the debtors
and mortgages (mortgagors) are at
the mercy of their creditors; and
whereas hundreds and thousands of
families have already lost their homes
other judicial proceedings; and where
as hundreds and thousands more will
lose their homes unless adequate rec
lief is given by law; therefore, in or
der to prevent a complete financial
collapse Of agriculture, commerce and
industry in this state. and the utter
ruin and destruction of agriculture,
commerce and industry in this state,
and the collapse of civil government
and in order to maintain the integrity
of families and their homes, and the
public health, welfare and morals of
the people Of this State, partial
moratorium for period of five years,
or until such time within the five
year period that the Congress of the
United States shall have passed the
Farmers Farm Relief Bill. known as
the Frazier Bill, is hereby decla red
on all existing Indebtedness at the
time that this act takes effect, in
Guiding taxes and debts due by indi-
political sub except that the
benefits of this act shall not extend
to corporations, nor shall they ex-
tend to any'person. who, upon an or
der to show cause before any district
court. is found upon competent evil
dence to be financially able to pay
such Indebtedness without sacrificing
his home, lands, goods or chattels with
which he creates wealth for a living,
and which are necessary to maintain
necessary and essential in the con-
duct Of his business, nor shall this
act be so construed as to prevent the
recovery Of property sold on the in
stallment plan. where TIN seller MAIN
tanned or maintains title.
Sec. 2. That 1t shall be unlawful
for any sheriff, deputy sheriff or his
agent or any other official of this
state to levy upon, attach, seize or
sell any personal property of what
Section 1 hereof. under an execution
issued upon judgment or upon any
other indebtedness existing at the
time that this act takes effect for a
period of five years from the date
time within the five-year period that
the Congress of the United states
shall have passed the Farmers Farm
Relief Bill, known as the Frazier
Bill, provided that such judgment
cent interest upon such judgment
debt or other debt annually from the
date that this act takes effect, pro-
vided furher that in case such inter
est Is not paid before the expiration
act takes effect that then the p .,s
lection Of this act shall cease as to
such debtor.
Sec. 5. That upon an execution or
foreclosure sale Of real property, or
Of real property heretofore made s up
on which sherifrs deed has not yet
issued, no such deed shall issue for
period OF rye years OF until such
time within the five-year period that
sS Sae the the Enasa s Farm
Relief Bill, known a. the Frasier Bill.
and the debtor shall be entitled to re-
deem for q period Of five years from
the time that this act takes effect.
or until such time within the five
United States shalt have passed the
Farmers Farm Relief Bill, known as
the Frazier Bill. and he shall be en-
titled to the possession, rents, uses
and benefits of the property so sold
expiration. of the period Of redemp-
tion, provided that the owner or the
person claiming an interest in such
real estate pays future taxes, to-
gether with one per cent interest on
the amount that such property was or
that this act takes effect, provided
further that in case such interest is
one year from the date that this act
takes effsct that then the protec-
ton of this act shall cease as to such
Sec; 4. That the state shall not
during the period that this morsto.
rum Is in force, and that in all cases
where the state has heretofore fore
closed or Cancelled such contract and
Is still tho owner of the land that
then the same shall be reinstated up
on the application of the original
$ upon ny se s:n q
one per cent interest Of the amount
due within one year from the date
that this act takes effect and the pur-
chaser or anyone claiming through
such purchaser shall have q period OF
five years within which to comply
contract. or until such time within
the five-year period that the Congress
Of the United States shall have passed
as the FRAZIER Bill. provided. however.
that the purchaser, or those claiming
through him. pay future, taxes and
one per cent interest per annum on
this act takes effect.
Sec. s. That NO county shall issue