The Hardin tribune-herald. [volume] (Hardin, Mont.) 1925-1973, 1945-04-19
LEGAL

AE0AL
BY THE GOVERNOR OF THE
STATE OF MONTANA - A
PROCLAMATION
Whereas The Twenty-ninth
Legislative Assembly of the
State of Montana has passed
Chapter 80, Session Laws of
1915, entitled
"An Act known as State
Highway Treasury Authorization
| Debenture Act of 1945' and auth
orizing and directing the issu-
| ance of debentureS of the State
of Montana in the principal sum
of Twelve Million Dollars, at such
times within a period of ten years
and in such amounts up to the
| said principal sum as shall from
time to time be required for the
purposes hereinafter set forth,
and providing for the sale
thereof for the use of the State
Highway Fund for the purpose
of matching Federal highway
grants, and assuring the ability
of the State of Montana to Sc
cure any moneys made available
by acts of Congress in reference
to highways, for carrying on a
postwar highway program cal
culated to bring the highway
system of the State of Montana
up to the established standards
of the Federal Highway Act, for
other highway purposes, and
for the payment of State High
way Treasury Anticipation De-
ibentures of the State of Mont
ana now outstanding; providing
for the repeal of the license tax
on dealers or distributors of gas
oline provided for in Initiative
No. Al, entitled State Highway
Treasury Anticipation Debent-
ure Act of 1888 as amended by
Chapter 80 of the Twenty-s sixth
Legislative Assembly of the
State of Montana, and all gal
l0nage taxes on dealers or dis
tributors Of gasoline imposed by
prior laws; providing for the
levying of a license tax of five
cents a gallon to be paid by
dealers in gasoline and antici-
pating the revenues therefrom:
prescribing the form, terms and
conditions of said debentures.
the rate of interest thereon not
exceeding four per cent per
annum, and the dates of the
maturity of said debentures:
prescribing the conditions under
which the sale of such debent-
ures may be made, and the use
Of the funds derived from the
sale thereof; providing for the
repayment of both principal and
interest of such depentureS, and
for the pledging and setting a.
side in the State Highway Trea-
sury Anticipation Debenture
interest and Redemption Fund
herein created of a sufficient
amount of said license tax on
dealers in gasoline to pay said
deDentureS and interest: pro-
Vldlng for the creation of a Ii
ability binding the State of
Montana not to reduce the IL
cense tax on dealers in gasoline
until after the accrual of suf-
ilclent moneys to pay said de-
oentureS and interest; and pro-
Vldrag that no part of the bro
ceedS of the license tax men
toned shall he diverted to anv
purpose other than as provided
in this Act". and
Whereas, Said Chapter 80 was.
approved by the Governor on
the fifteenth day of February,
A. D. 1915; and
Whereas, The Twenty-ninth
Legislative Assembly s sed
chapter 149, which said meas
ure was approved by the Cover
nor on the first day of March.
A. D. 1915:
NOW, THEREFORE, I, Sam
=: Ford, Governor of the State
OF Montana, under and by vir-
tue OF the authority in me
vested by the Constitution and
STATUTES and by said Chapter
l49, do hereby declare and bro
clam that on Tuesday, the
fifth day of June, A.. d. 1945.
there will he held in the State
OF Montana a Special Statewide
Election by the qualified voCers
OF said State for the purpose of
expressing their approval or dis
approval of said Chapter 80, and
OF the proposition OF the issu-
ance OF the proposed State
highway Treasury Anticipation
DebentureS; said election date
having been fixed by said Chap
ter lag, Session Laws of l945.
And in order that such elect
ion may be conducted in a quiet
and orderly manner, I hereby
offer a reward or One Hundred
Dollars l$1O0.G0) for the arrest
and conviction OF any person
violating any of the provisions
OF Sections 1074I 10 lO772, in
elusive, of the Penal Code, Re-
Vlsed Codes of Montana of 1885:
such rewards to be paid until
the total amount hereafter
pended for such purpose reach
eS the sum of Five Thousand
l ln1lorc zoe mn M,