Laurel outlook., 1945-04-18
LEGAL NOTICES
BY THE GOVERNOR OF THE
STATE OF MONTANA
A PROCLAMATION

Session Laws Oh 1910, enIlIleu
can Act known as State
Highway Treasury Anticipation
Debenture Act of 1945' and
authorizing and directing the is
suance of debentures of the
State of Montana in the prin-
cipal sum of Twelve Million
Dollars, as 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 pro-
viding for the sale thereof for
the use of the State Highway
Fund for the purpose of match
ing 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 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 Highway
Treasury Anticipation Deben-
lures of the State of Montana
now outstanding; providing for
the repeal of the license tax on
dealers or distributors of gaso-
line provided for in Initiative
No. Al, entitled State Highway
Treasury Anticipation Deben-
ture Act of 1888 as amended
by Chapter 80 of the Twenty
sixth Legislative Assembly of
the State of Montana, and all
gallonage taxes on dealers or
distributors Of gasoline impos-
ed by prior laws; providing for
the levying of a license tax OF
five cents a gallon to be paid
by dealers in gasoline and an
ticipating the revenues there
from; 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 de-
b~entures; prescribing the con-
ditions under which the sale of
such debentures may be made,
and the use of the funds to be
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 Treasury
Anticipation Debenture Interest
and Redemption Fund herein
created of a sufficient amount
of said license tax on dealers
in gasoline to pay said deben-
lures and interest; providing for
the creation of a libility binding
the State of Montana not to re-
duce the license tax on dealers
in gasoline until after the ac-
crual of sufficient moneys to
paw said debentures and inter
est; and providing that no part
of the proceeds of the license
tax mentioned shall be diverted
to any purposes other than as
provided in this Act" and
Whereas, Said Chapter 80 was ap-
roved by the Governor on the
fteenth day of February, A. D..
AS; and
Whereas, The Twenty-ninth Leg
lative Assembly passed Chapter
10, which said measure was APP
.oved by the Governor on the first
w of March, A. d. 1915:
NOW, THEREFORE, /, Sam c..
ord, Governor of the State of Mon
ma, under and by virtue of the
lthority in me vested by the Con
and Statutes and by said
149, do hereby declare and
that on Tuesday, the fifth
" of June, A. D. 1915, there will
held in the State of Montana a
,ecial Statewide Election by the
voters of said State for
e purpose of expressing their ap-
oval or disapproval of said Chap:
r 80, and of the proposition of
e issuance of the proposed State
Treasury Anticipation De-
INJURIES; said election date having
en- fixed by said Chapter 149,
ssion Laws of 1915.
And in order that such election
ay be conducted in a quiet and
derby manner, I hereby offer a
of One Hundred Dollars
100000 for the arrest and con
,tion of any person violating any
the provisions of Sections 10747
10772, inclusive, of the Penal
de, Revised Codes of Montana of
35; such rewards to be paid until
e total amount hereafter eXpend-
for such purpose reaches the sum
Five Thousand Dollars ($5,-
D.00).
(Great Seal)
IN WITNESS WHEREOF I have
set my hand and caused
= Great Seal of the State to be
DONE at the City of Helena, the
pital, this the twenty-third day
March, in the year of our Lord
e thousand nine hundred forty
Isl SAM C. FORD
the Governor-Attest:
IS SAM w. MITCHELL,
Secretary of State.
ate First Pub. April 18, 1945-2tl
NOTICE TO BIDDERS
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