The Western news. [volume] (Libby, Mont.) 1933-current, 1943-03-18
BY THE GOVERNOR OF THE
STATE OF MONTANA - A
PROCLAMATION

Whereas, The Twenty-eighth
Legislative Assembly of the State
of Montana has passed House Bill
No. 256, entitled
AN Act known as The State
Highway Treasury Anticipation
Debenture Act of 1943 and author
izing the issuance of debentures of
the State of Montana in the princi-
pal sum not exceeding Eight Mil
lion Dollars $4,000, 00O) for the
years 1914 to 1916 inclusive and
not to exceed Four Million Dollars
($4,000,000) in the year 1914 and
not to exceed Two Million Dollars
l($2, 000,000) in each of the years
l945 and 1916 or any subsequent
year and providing for the sale
thereof for the use of the State
Highway Fund for the purpose of
assuring the ability of the State of
Montana to secure any moneys
made available by the Act of Con-
gress in reference to highways, and
for other highway purposes, and for
carrying on postwar highway pro-
gram such as will bring the high
way system of the State up to the
established standards of the Fed
eral Highway Act and the payment
OF State Highway Treasury Antici-
patton Debentures of the State of
Montana now outstanding; provid-
ing for tax on gasoline or motor
fuels and anticipating the revenues
therefrom and providing for sup
Elemental and additional license or
excise taxes on gasoline or motor
fuels during the period from July
|, l943, to June 80, 1915; prescrib-
ing the form and terms and condi-
tons of said debentures and inter-
est thereon and the date of their
maturities, calling a General Elec-
ton for the submission of this Act
to the people and providing the
method for referring the question
of the issuance and sale of said
debentures to the people at Cen
eral Election and prescribing the
registration for such election and
prescribing the method for holding
such General Election and the
qualifications of electors and ap-
propriating moneys from the State
Highway Fund to pay the cost
thereof, providing a method by
which the State Treasurer may pur-
chase said debentures and provid-
ing that said debentures may be ac-
cepted as security for the repay
ment of public moneys, prescribing
the conditions under which the sale
OF such debentures may be made
and the use of the funds to be de-
rived from the sale of such deben-
lures, prescribing the amounts and
years respectively in which said
debentures shall be due and paw
able providing for the repayment
of both principal and interest of
such debentures and for the pledg-
ing and setting aside of sufficient
amount of said excise or license
tax on gasoline or motor fuels to
pay the same from the State High
way Treasury Debenture Redemp-
ton Fund therein created provid-
ing for the cost of such General
Election and for the cost OF adj
vertising the sale of said deben-
lures, providing for the creation of
a liability binding the State of Mon
tana not to reduce the license tax
on gasoline or motor fuels until
after accrual of sufficient moneys
to pay the said debentures and in
terest, defining the duties Of cleo
ton officials hereunder and nro-
viding penalties for violations of the i
election provisions of this Act, and |
Whereas, Said House Bill No. 256
was approved by the Governor on
the eighth day of March, A. D.
1943.
NOW, THEREFORE, I, Sam c.
Ford, Governor of the State of |
Montana, under and by virtue of /
the authority in me vested by the
Constitution and Statutes and by
said House Bill No. 256, do hereby
declare and proclaim that on Tues
day, the eighth day Of June, A. D.
l943, there will be held in the
State of Montana a General State
wide Election by the qualified vot-
ers of said State for the purpose
of expressing their approval or dis
approval of said House Bill No. ESQ
and Of the proposition of the issu-
ance of the proposed State High
way Treasury Anticipation Deben-
lures. said election date having
been fixed in said House Bill No
1855
Said election shall be held at the
usual precinct polling places in ev-
cry county of the State of Montana Il
on the date aforesaid.
The form of the ballot used at |
said General Statewide Election
shall include the title Of said House
Bill No. 256 as hereinabove given, |
and below said title there shall be
printed on the ballot:
For the above entitled Act