Browning chief. [volume] (Browning, Mont.) 1941-1953, 1945-09-28
Blackfeet Tribal Referendum For October

posed will further the economic
well-being of the members OF
the tribe.
. Now, Therefore, be it hereby
resolved that the Blackfeet Tri.
bal Business Council does hereby
approve in principle the proposal
to engage 10 the oil business and
to obtain a loan from the revolv.
ing fund and the use of Class A
money for the purpose of financ-
ing the business. and does here
by adopt and approve the follow
ing course of action:
l. This council does hereby
adopt and approve, under auth
GRITTY of Section 10 of. the tribal
charter, an amendment of such
charter bv striking out all of
Section (g) thereof and substi-
tuting the following:
Sec. S (g) To pledge or as
sign chattels or future tribal in
come due or to become due to
the Black feet tribe; Provided,
that assignments Of tribal in
come, other than an assignment
to the United States, shall not
extend more than 10 years from
the date of execution and shall
not amount for any one year to
more than S25, 10000; And pro-
vided further. that any such
pledge or assignment shall be
subject to the approval of the
Secretary of the Interior or bis
duly authorized representative" "
2. If the foregoing proposed
amendment shall receive the ap-
proval of the Secretary of the In
terror pursuant to Section 10 of
the tribal Charter, such proposed
amendment shall then be sub.
mitted in a popular referendum
to the adult members of the
tribe living on the reservation,
and the submission of the pro-
posed amendment to the voters
shall be accompanied by q full
explanation that the immediate
purpose of the amendment is to
enable the Council to apply for a
loan of not to exceed 5000. 100000
to finance the tribally operated
oil development and production
business and a security for such
loan to pledge or assign not to
exceed 10 per cent of the net
tribal income in any one year,
such pledge or assignment not
to extend more than 20 years
from the date eff execution. and
shall further be accompanied by
full explanation of the relative
risks and advantages attending
the proposed venture.
8. If the proposed amendment
shall be ratified by the members
of the tribe in the popular refer.
endum in accordance with Sec.
10 of the tribal charter, the fol-
lowing action then be taken:
The chairman Of this Council
shall appoint a committee COM
posed of four members of this
Council whose duty it shall be to
consult with representatives of
the Interior Department and such
other Federal Departments or
agencies as may be advisable.
for the purpose of working out a
complete organizstional 81 N un-
der which the proposed OIL bust
ness would be conducted, a plan
of operation. an applica'lon for a
loan to finance the business, to
he secured by a pledge of tribal
income as authorized in the fore
going proposed amendment TO
the tribal Charter. The organi-
rational plan. the opera ion 8
pan, and the application for a
loan, with accompanying pledge
or assig nment OF tribal income
or other collateral, shall then be
referred to this council for ap-
prevail or rejection, and if ap.
proved shall then be referred to
the Secretary of the Interior for
L., consideration ooJ E1o1 m