Imperial Valley press., 1944-11-01

provided further that specified numbers
Of bonds of specified numerical sequence
shall thereafter mature at annual In
and provided further, that the
bonds last to mature In each issue shall
mature not later than 45 years from the
date of issuance thereof.
The rate of interest to he borne by
the bonds shall be uniform for all tho
bonds OF tho Same issue and shall be
and fixed by the Veterans
Finance Committee of 1943 according
to the ther prevailing market conditions,
but shall In no case exceed per cent
per annIm. and the determination or
said cor imittee as to the rate of inter-
est shall be conclusive as TO the then
prevailing market conditions. The ne
terest coupons to be attached TO the SAID
bonds shall he payable at semi8nnua.
intervals from the date Of issuance or
said bonds. provided, that the interest
coupon first payable may, If the Vet
erans' Finance Committee Of lai3 shall
so determine and specify, be payable
one year after the date OF issuance or
said bonds.
99I2. All actual and necessary ex-
penses ef the Veterans Finance Conn
mittee of l94S and Of the members
thereof incurred in the performance
Of their duties arising OUT o. the pro.
visions OF this article snal' De p",1 ",t
of the Veterans Farm and Home Build-
ing Fund of 1913. upon approval OF the
State Board of Control and on Con
trolIer's warrant duly drawn for that
purpose. and shall constit.i:e expenses
Of the Veterans welfare Board.
99I.3. The State Controller, the
State Treasurer and the Veterans FL
nance Committee of 1913 shall Keep
full and particular account and record
Of all their proceedings under this atti~
Gle and they shall transmit to the Gov
ernor an abstract OF all snch ptocen-
ings Hereunder. with an annual report,
to be by the Governor laid before tho
LEGISLATURE biennially: and all hooks
and papers pertaining to the ma'teT
provided for in this article shall IT all
| times be open to the inspection of any
party interested or the Governor, or
the Attorney General or Il committee
of either branch of the Legislature, or
| a Joint committee of both, or any clti-
zen of the state.
people. shall take effect on the fifteenth
day of November. 1874. as to all its
provisions except those relating to ana
necessary for its submission to tne
people. and for returning. CahVaSsihS'
and proclaiming the votes. and as to
said excepted provisions this act snail
take effect Immediately.
SEC. 3. This act shall be submitted
To the people of the state OF calliornla
for their ratification at the nc%f genera
election. to be held in In" month OF
November, 1914. and all ballots al sald
in square thereof, the words tpI
1.-THE Veterans Bond Act OF l943. AMI
lin the same square under Hdih wis
1.-The following in BREWER type ms
lact provides for bond issue nt th't y
lmillion dollars fS30,00h. .Ghnb to be uNHt
Inv the Veterans Welfare Roa'd IN
assisting California war veterans ~
acquire farms or homes Ia the NqoAis
Immediately below the square contain,
ling such words, there shall be priht,n
n
Veterans Bond Act of iH43, ana m
the sa me SQUARE Immediately below sald
words Against the Veterans Ronu N't
of l943," in BREWER type shall %" ptn"pu
This act provides for bond lFt@e or
Thirty million dollars t820,O00. ouU) 70
he us,.d bv the Veterans Welfare Board
in assisting California war veterans ~
aruuirp arnS or homes bpppall' t'',
!, words FOR the Veterans Bond re- %,
lIg43" and Against the veterans i,uiI,
Act Of 1913" there Shali ne lelt "p,.,,,,,
. in which the voters may place n - ',Hs
!, In, the manner required by Ia" 10 hl,l
! cate whether they vote Tor or Rtt"'N,. ,.
: said act, and those VOTING iot H'ti H,, -, y
shall do so by placing = cross opp' -, y
Tho words For the Vcte:nrN bnnu a.,
~ ,o43" and those voting GainSt the
!, said act shall do so by a'iIie :, ".'
onnneitp the words Against me -
: prans Bond Ac, Of 1873 iroVln-,'
. that where the voting al sam |."F" @,,'-' ="
= oil
machines used pursuant 10 Ia" ~ ."'
's',nar ~ To carry out the int"nt "'
,hia ..c,int such USE OF Such NoiltE
; macbines ANA the expression ol wy
vnt.rs' choice by means thereof, F"al
:, he deemed to comply WIN tnt pIoNs7,p}',s ~ :,
70 III. .ertion The Governor OF th't
l. S,.,n O. shau include the submission oi
!, this act to the peoplp. % aforesaid, u
bia nrocla nation calling Tor sald zen
d eral election. ,o,,,,
q this act shall be counted, returned hll,
II canvassed and declared III t.le S%aii' %
- manner and subject I" the sam" ruie'
. "a votes cast for State officers ana !
>. - a. anne.r that said act shall have re
10 c.ived r. majority Of all the votes 'nS
for and against II at aald "'e'tlo,l n
n a foresaid then the same shall faV'
" effect ns herenbefOra provided, :n'
>. shall be irrepealabls until the princip'
Z end interest OF tho liabilities heret
~ created shall be paid md discharge d
and the Governor shall make prtClalna
,. tion thereof but IL a majority OF ~
70 votes cast ~ aforesaid are v@aiust tn
o act then the SAM shc J - ana hcflin
Of void.
,.I .'Ec. 7 1t shall lie the duty rf ~
re- Secretary of State In accordance y H.
&c law to have this act publishcl u g
,y least one newspaper II each COUNTY, q
of lefty and county, II ne be nubilsho
ne therein, throughout this state. for thrc
he months next preceding tho general cleo
s. tion to be held in tie month - NoVeu
Id her, 1914, the costs OF publication SIN
II. Ibe paid out ~ the General Fund, -
of Controllers warrants duly drawn 60
IS that purpose and shall be refunded I
as the General Fund out of tho Veterans
It's Farm and Home Building Fund Sal
ID, refund shall be made upon Controller
ch warrants duly drawn against said fun
We for said purpose upon demands auditc