The Western news. [volume] (Libby, Mont.) 1933-current, 1945-04-26
Legal Notices

BY THE GOVERNOR OF THE
STATE OF MONTANA - A
PROCLAMATION
Whereas, The Twenty ninth Leg
islative Assembly of the State of
Montana has passed Chapter 39,
Session Laws of l945, entitled
An Act known as State High
way Treasury Anticipation Deben-
ture Act of 1945," and authorizing
and directing the issuance of deben-
lures of the State Ct Montana in the
principal sum of Twelve Million
Dollars, at such times within a pc
Rod of ten years, and in such
amounts up to the said principal
sum as shall from time to time be
required for the purposes herein
after set forth, and providing for
the sale thereof for the use of the
State Highway Fund for the pur-
pose of matching Federal highway
grants, and assuring the ability of
the State of Montana to secure any
moneys made available by acts of
Congress in reference to highways,
for carrying on postwar highway
program calculated to bring the
highway system of the State Of Mon,
tana up to the established standards
of the Federal Highway Act, for
other highway purposes, and for
the payment of State Highway
Treasury Anticipation Debentures
of the State of Montana now out
standing; providing for the repeal
of the licence tax on dealers or dis
tributors of gasoline provided for in
Initiative No. Al, entitled State
Highway Treasury Anticipation De-
benture Act of 1888 as amended
by Chapter 30 of the Twenty sixth
Legislative. Assembly of the State
of Montana, and all gallonage taxes
on dealers or distributors of gaso-
line imposed by prior laws; pro-
viding for the levying of license
tax of five cents gallon to be paid
by dealers in gasoline and anticipat-
ing the revenues therefrom, pre-
scribing the form, terms and condi-
tons of said debentures, the rate
of interest thereon not exceeding
four per cent per annum, and the
dates of the maturity of said de-
bentures; prescribing the conditions
under which the sale of such de-
bentures may be made, and the
use of the funds to be derived from
the sale thereof, providing for the
repayment of both principal and in
terest of such debentures, and for
the pledging and setting aside in
the State Highway Treasury Anti
cipation Debenture Interest and Re-
demption Fund herein created of a
sufficient amount Of said license tax
on dealers in gasoline to pay said
debentures and interest, providing
for the creation of a liability bind
ing the State of Montana not to
reduce the license tax on dealers
in gasoline until after the accrual
Of sufficient moneys to pay said
debentures and interest, and provid-
ing that no part Of the proceeds of
the license tax mentioned shall be
diverted to any purpose other than
as provided in this Act: and
Whereas, Said Chapter 80 was APP
proved by the Governor on the
Fifteenth day of February, A. D.
1915. and
Whereas, The Twenty ninth Leg
islative Assembly passed Chapter
l49, which said measure was APP
proved by the Governor on the first
day of March, A. D. l945.
Now, Therefore, I, Sam G. Ford, |
Governor Of the State Of Montana,
under and by virtue of the author
ity in me vested by the Constitu--
ton and Statutes and by said Chap |
ter l49, do hereby declare and pro- |
claim that on Tuesday, the fifth |
day of June, A. D. l945, there will |
be held in the State Of Montana a /
Special Statewide Election by the
qualified voters of said State for
the purpose of expressing their APP
proval or disapproval of said Chap /
ter SO, and of the proposition of |
the issuance of the proposed State
Highway Treasury Anticipation De-
bentures; said election date having
been fixed by said Chapter 140, /
Session Laws Of 1945.
And in order that such election
may be conducted in a quiet and /
orderly manner, / hereby offer
reward Of One Hundred Dollars
(SlO0.00) for the arrest and con-
victiOn of any person violating any
OF the provisions of Section l0747 to
1912, inclusive, of the Penal Code,
Revised Codes of Montana Of 1885;
such rewards to be paid until the
total amount hereafter expended
for such purpose reaches the sum
of Five Thousand Dollars T
($5,00000).
In witness whereof / have here