Montana labor news., 1950-08-10
LEGAL NOTICES
BY THE GOVERNOR Of THE STATE OF
MONTANA 49, A PROCLAMATION

- az Ut me oltiE vi
MONTANA A PROCLAMATION
Whereas. Petitions signed BY the re-
ouisite number OF voters and praying for
the imitation OF a certain measure to
oe hereinafter more particularly de-
scribed have been duly and regularly filed
IN the Office OF the Secretary OF State
within the time required by the Con-
s~titu,ion OF the state Of Montana
Nov. THEREFORE, l. John W. Bonner,
Governor OF the State OF Montana, in
compliance with the provisions OF the
Constitution and Statutes, do hereby pro-
claim the filing OF such petitions for
the submission to the qualified voters OF
the state OF Montana Tor their approval
or rejection at the regular election to
be held on the seventh day OF November.
1890, OF the following measure. to-wit:
INITIATIVE NUMBER FIrrY-FOuR
a BIZ 10 enact BY initiative = Law
providing for the payment Of an honor
arium, or adjusted compensation. to each
resident OF Montana who was on active
duty IN military service In the military
forces OF the United States during World
Wal II between December Z, 1871. and
September ?, is<5. both dates inclusive
Authorizing the State OF Montana to be-
come indebted in the sum OF Twenty
two million dollars tt22 900. 0O0. 900 00l In
excess OF the Constitutional limit over
and above any bonded indebtedness here
tofOre incurred or created and for which
said State IS nov obligated creating the
War Veterans Compensation Fund. Pro-
vioing Tor the issuance and sale OF limited
obligation bonds OF and in the name OF
the State OF Montana in the sum OF
twenty-five million dollars 1922. 900, 000,-
.00l to acquire funds for the payment
OF such honorarium or adjusted COM
pensation Providing for the form OF
such bonds; providing that such bonds
shall not be or become general obligations
OF the State OF Montana. but shall be
payable only out OF the Cigarette Tax
provided for in said law. providing for
the creation of = Veterans Compensa-
ton Bond Retirement Fund to pay the
principal and interest Of such bonds by
levying an excise tax upO, the sale OF
cigarettes in the State OF Montana In ad-
dttion to the Cigarette Tax imposed BY
Chapter So OF Title 81 OF the Montana Re
vised Codes OF l947. and providing for
the collection Of such additional tax in
the same manner as the Cigarette Tax
inmposed by said Chapter Sc is collected. |
amending sections 84-5606 and 84-5e2i OF
said Revised Codes; making an appro-
OF the funds derived from the
sale OF such bonds. providing the method
OF payment OF such honorarium or ad-
justed compensation; defining words and
pHie'cof PicuSiIB tuc cthte Oh montana
to continue to levy and collect such tax
and place the proceeds thereof in the
Wal Veterans Compensation Bond Re
tirement Fund until all bonds issued under |
the provisions Of said law n the in
terest thereon shall have been paid Max
ing the bonds issued under said law a
legal investment for funds OF the State
OF Montana; providing penalties for vio-
lation OF provisions OF said law: and
making other provisions germane to the
main purpose of said law.
IN WITNESS WHEREOF l have here
unto set my hand and caused the Great
Seal Of the State to be affixed.
DONE ut the City OF Helena. the Cap
itoi, this the twenty-second day OF July,
in the year Of our Lord one thousand
nine hundred and fifty.
tOREAT sEALl
JOHN w. BONNER
Governor Of Montana
BY the Oovernor-Attest.
w. Mitchell.
Secretary Of State
BY Clifford l.. Walker
Deputy
Publish Aug. ;, 10. II, "a.