Montana labor news., 1950-08-03
LEGAL NOTICES


BY THE GOVERNOR or THE STATE OF
MONTANA A PROCLAMATION
Whereas. petitions signed by the res
Quislte number OF voters and praying for
the imitation OF a certain measure TO
be hereinafter more particularly de-
scrlbea have been duiy and regularly filed
In the office OF the Secretary OF State
within The time required BY the Con
s~titution o. the State OF Montana
Nov THEREFORE. / John " Bonner.
Governor Of The State OF Montana, IN
compliance With the provisions OF tile
Constitution and Statutes. do hereby pro-
claim the filing OF such petitions for
the submission To the qualified voters of
the State Of Montana TOT their approval
or rejection at the regular election TO
be held Oh the seventh day OF November.
1880, OF the follow Ing measure, to-wii
INITIATIVE NUMBER ~FIFTY-FOuR
A BIZ 10 enact by initiative a Law
providing for the payment OF an honor
arluni, or adjusted compensation. to each
Resident OF Montana who was on active
duty IN military service IN the militar,
forces of the United States during World
Wal ii between December Z. lsil. and
September ,. l94S. both dates inclusive
Authorizing The State OF Montana to be-
come indebted in the sum OF Twenty
two million dollars is22. 900. 900 900 00i in
excess OF the Constitutional limit over
and above any bonded Indebtedness here
toiore incurred or created and for which
SAID state Is now obligated creating the
War Veterans Compensation Fund Pro
viding for the issuance and sale of limited
Obligation bonds OF and in the name of
the State Of Montana III the sum Of
Twenty-Five million dollars 1922. 0O0. 0O0.-
90 to acquire funds for the payment
OF such honorarium or adjusted COM
pensation Providing Tor the form Of
such bonds. providing that such bonds
snail 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 a Veterans Compensa-
ton Bond Retirement Fund to pay the
principal and interest OF such bonds by
le,ying an excise tax upon the sale OF
cigarettes IN the State OF Montana IN ad-
dition TO the Cigarette Tax imposed By
Chapter Sc Of Title "a 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
imposed by said Chapter So is collected,
amending sections 84-5606 and 84-562l of
said Revised Codes. making an appro-
priation 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
phrases, pledging the State of Montana
to continue to levy and collect such tax
and place the proceeds thereof in the
War Veterans Compensation Bond Re
tirement Fund until all bonds issued under
the provisions OF said Law and 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 yio-
lation OF provisions Of said law, and
making other provisions rma 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 at the City OF Helena. the Cap
itol, this the t~enty-second day OF July.
in the year of our Lord one thousand
nine hundred and fifty
GREAT SEAL
JOHN w BONNER
Governor OF Montana
~ the Governor Attest.
Sam w. Mitchell.
Secretary OF State
BY Clifford l.. Walker
Deputy
Publish Aug ). 10. II. "a.