The Glasgow courier. [volume] (Glasgow, Mont.) 1913-current, 1945-04-19
BY THE GOVERNOR OF THE
STATE OF MONTANA
A PROCLAMATION

whereas. The Twenty-ninth Legisla
tive Assembly of the State Of Montan
has passed Chapter 30, Session Laws o
1919. entitled
IAN Act known as state High
way Treasury Anticipation De
benture Act Of 1915 and author
izing and directing the issuance
of debentures of the state of Mon
tana in the principal sum Of Twelve
Million Dollars. at such times with
in n period of ten years, and In
such amounts IN to the said prin-
cipal 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 high
way grants, and assuring the
ability of the State of Montana to
secure anv moneys made availaDle
by acts Of Congress I'm reference 4"
highways for carrying on n postwar
highway program calculated 10
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 Highway Treasury Anticipa-
tion Debentures of the State Of
Montana now outstanding: provid-
ing for the repeal of the license tax
on dealers or distributors Of gasoline
provided for I'm Initiative No. II. en-
titled state Highway Treasury An
ticipation Debcnture Act Of lH3S as
amended by Chapter 80 Of the
Twenty sixth Legislative Assembly
Of the state Of Montana, u all
%gallOnagc taxes on dealers or diStri-
butOrS Of gasoline imposed by prior
laws: providing for the levytng OF
q license tax Of five cents a gallon
To he paid by dealers in gasoline
and anticipating the venue there
from: prescribing the form. terms
and conditions Of said debentureS.
the rate Of interest thereon not
exceeding four percent per annum.
and the dates of the maturity Of
said dpbentureS: prescribing the
conditions under which thu" sale of
such ~drbPnturcS IA he made. n
the use Of the funds to he derived
from the sale thereof: providing for
the repayment of both principal
and interest of such debentures. and
for the pledging and setting aside
in the State Highway Anticipation
Debenture Interest and Redemption
Fund herein created of a sufficient
amount of said license tax on
dealers In gasoline to pay said de
Ventures and interest providing for
the creation of q liability binding
the State Of Montana not Ia reduc"
the license tax on dealers in gaSo-
line until after the accrual OF suttl-
Client money to pay said debentures
and interest and providing that no
part of the proceeds of the license
tax mentioned shall he diverted to
any purposes other than as provided
in this Act :" and
Whereas. Said Chapter 20 was ap-
-oved nv the Governor on the fifteenth
~ Of February. A. ID. 1910: II
Whereas. The Twenty ninth LegiSln
va Assembly passed Chapter l49'
hich said measure was approved ny
q Governor on the first day of March.
ID. 1915:
Now. Therefore. I sam G. Ford. Gov
nor Of the state Of Montana. under
III by virtue Of the authority in me
1sted by the Constitution and statutes
ID by said Chapter $40. do hereby
clare and proclaim that on Tuesday
q fifth day Of June. A.. ID. 1910. thrr'
he held in the state of Montana q
,pcial Statewide Election by the qnall
ID voters Of said state for the purpose
expressing their approval or ais
Of said Chapter 30. n ~ the
OPPOSITION of the issuance Of the pro-
Ised State Highway Treasury Antl'l-
tion Dehentures: said election dav
wing been fixed by said Chapter lf''
ssion Laws of 1910.
And in order thai NJ election may
conducted in a quiet and orderly
INNER. ! hereby offer, a reward u