The Hardin tribune-herald. [volume] (Hardin, Mont.) 1925-1973, 1938-08-18
CONSTITUTIONAL AMENDMENT
p 90

AmeNOmeNi
~D,rEID 90
An Act 10 sunni! 70 me e!ua!iileu
Electors OF the State OF Mohtaht an
mendne 70 SeStrThs o.: . : =, ".io
ana II o. Art'cie M OF me 1ohStl-
tuition OF tne state OF Montana re
lating to the in!estment n AdI
m~lnls1ratlon OF ms fupnc Scno"l
ornament fund. the othet ieIlla,
nent FUNDS E~raginatinS IN lang ma
the Support OF Higher lnStltutl"ns
OF Leaning ana OF O'hel unGs a.
Separate anu tnleS'3l runcE IL
Momtana irusi any dtGH'f I ~
BE * EEAt. ~, ~ ~, l1F-,!lS a
I!Nt; 49, t'Mt'l-1 NF II
OF MONTANA:
section l.. tnat SeT!triS o. ,a' :,nnH
stitution of the stats OF Montan" be
amended as hereinafter pi"Nlutu. "n"
mat the puestl"! ~ suHH "n , ,
be SUBMITTED 70 me uu"''t ne NJ naxf
OF the STATE OF Montana Ill ''e "eN'
section T. hit HtXEt'1"s |'r'
IL. and II 81 A''iH:S ~ VI LIZ ~.
stitut;Un OF the sli't ~ -MmIt'ata pt,
and the same are htIeo! ""'e''ueu ~
read as follows: ,..., vxn NV.
Seclluh o., 'TI .>ttttT NINA ~.
Pubic S.A,v! ! vtM..!!'tr + "'t", IL
other peIltAl'ht lu,5'H Ett7t',' :.
lana sE'ntS t:''" Tnr , "ir ~ ,nt tHh'nS
= 81, ~ .,. - ~ ItNs t
buttons. suhjy"t t" n~yrE tn Sna!,
be lnEtSlYd as l%l'I IL aItn iii
o 1iMH: innl< IN the custody Of %Hy
officer az officers 81 ile Hh1t", Eu"J,st
to i4tcstnrHt; tE}t ihe lTN's -".lNS w.
seMhiE lH.H i tInt,Tt; - a3rn ,nI
every fund ,hyS-t'I ana t"4!.iI,+'tEoI
as q lA;t OF me ;NIhlalia ruS1 ana
lrcaG,y Fund shalI De strictly "'''A-
ta-Et4' bo,,,ri,r 70 the
Public S"ho"l l~erlnAneHt tuNI' '%cTra
inV'Stnl' ms N Statt tII!! W.! n:"7c
Leans. ana a. HiHSSl,"FiSS otL h,i h. H.
10 tnt SIiI .Ai.t S'TiIt tn,.'S ,rr,.' r.,n ,r ;"
tfahsler!Su 70 ole h!"' ~ ,n,,',niS Wy Tt
Lesac' Fund a the lH'I IHI' tn,H ~
the balances VI sue" w.
mtnls: ,..i,,o WIN Tho
Sectl0n I. 'oL tt.'fre H>nn 1ar -
state shall accent lor !nItS 'Ib'"E |!,u
admlnIstraIlHn as In.rs ~ ;nkjjng
tana Trust ana l-esacE r ulu, s.ilhin-
iunds' pSlhinm+Ht tuHTai MIMI Ia 70 or
FUNDS ana trust luhuS nt',h6'n ool
IN me cuSl.oE 0. any Nv wban re-
ques.ed to DO SO By the E9iyinlnS
board or such polltieai sH p,i t tinns
SUBJECT, no"etGi. ~ such n,a~ nras
as the LegisIatIte ASsen,p.s I lhry ms-
scrloe, me .ss's;a,aat IVA ad,
provide FOR the lnvestineht ahu az,
mlnlstratipn as pa EnnG Of anv other
trust anu LesaGs ~ u "N' o
1und suo1ect 70 US p SMS xxD The
Sectoh .. tol 1,Tt'Gle -EEnn1 shan
Montana trust anu Lesac! nv ai
pc sateiy anu Gonse,naiat a State
IN PUBIC securaitIe WIN noI,,diun snhooi
as lar as posslole; lncIuuinS S
dls!rlct. Souuts Nv ~ Nontnna.
ana pona nos oil also oh he 9 nartIv invested in
putl may aaeo - as bonds
bonds OF the C nj ID Staiess S Sones
iully guaranteed ny tne oni'eu o Eaed
d - p,nnI'i Rnn hAI honds All invest
eraI Lana sank Gnas' AL IL ,oan
MEMS snas. be- be r;nr q fiueG rate Of
nn.Sss H. noopinG ,ong tsrr, invast-
m mems pre nerabie on nI he amartization
securltles PaSaoie ~ IL aainiot;ra Az
p pennh,w nav nrovide ADDITIONAL reruia-
senloiy nay piie,s fnr al inSest-
n men5s a from ,' me Montana Trust and
Lesncy fuHnus, constitutional euaran-
+ees aeainst Toss or diversion anplving
t ee fb as nnhIic SCI echool fund, to- the funds
o. rd dne 81 etber stafe in institutions of
Iunos OF al oTher say t'n ferc ~
LEA effsct s'"" ma
any Seetion o tot Article yXD On the
tase aay % ~ YI n : % her I'VE " Zach n year
tsilSer an q IT,. a. ,.e sbeu onnortinn ali
i ;me n.a'e colIected for the Montana
TTr,st and legacy Fund during the
ttrruasa. any nsriod tbhan terminatinS
neu IL 49, .nd integrai fnndS
which constitute such fund on the day
Of such apportionment and which con-
day OF the three-month period tnen
Inc OASIS OF appolt:oil<
each such fund between the first day
and the last day of the three-month
period.
Section 10. (of Article XXD The
State Treasurer shall keep all deposits
Of money belonging to the Montana
Trust and Legacy Fund separate and
distinct from other deposits of money
in his keeping.
Section il tot Article NXD All
money in anv of the separate and in
Trust and Legacy Fund and the inter
est apportioned therefrom. shall be
subject to to the person,
Ihsretn- WITHOUT differentiation by the
Legislaive Assembly, upon proper au-
thorization as provided by law"
Section 8. That separate official
eral election to be held in November,
1888. which shall have printed thereon
under the heading Amend
ment to Sections 6. 7. 8, 9, 10 and II
Of Article XXI of the Constitution Of
the State of Nontana' ALI Of the said
Sections 6. I, S, 9, 10 and II as
amended by this act. There shall also
he printed on the official ballots fol-
lowing the said sections the following:
For the amendment
to the constitution.
-
Against the foregoing amend
ment to the Constitution.
T5. s,eotor sb.,1 indicate his nrer-