# The Choteau Montanan (Choteau, Mont.) 1913-1925, September 05, 1924, Image 8

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'4 Legal Ads (Continued from page 4.) “Section 3. All disbursements re­ quired’ by this Article for compensa­ tion shall be made upon the presen­ tation of a certificate upon a form to he prescribed by the State Audit­ or, which certificate shall be duly Yerified by the claimant under oath tnd shal,l set forth the name, resi­ dence at the time of entry into serv­ ice, date of ealiMlment, induction or commission, date of discharge or re­ lease from active service, if the claimant is uot on active duty, a statement that the claimant during the period for wliiGh compensation is allowed did not refuse to subject himself to full military discipline and unqualified service and that he has not beeu separated from the service under circumstances amount­ ing to a dishonorable discharge, and such further information as the State A im *\ >r may require. Such certificate all be presented to the State Alii r or his representative together th au honorable dis­ charge of ¡lease from active serv­ ice, or in u.ie of its loss a properly authenticated record of service, or in the event that claimant is still in the service a properly authenticated record of all service performed by claimant, or if the same be presented by the widow, child or parents of a deceased veteran, then with the pro­ per evidence of death, together with a properly authenticated record of service, and the State Auditor, shall endorse upon such discharge, re­ lease or record of active service the fact ?that it was made the basis of the application and shall return shell such discharge or record of active service ao the claimant and shall forthwith draw his warrant in the name of the claimant upon the Vet­ eran’s Compensation Fund for an amount equal to Ten Dollars ($10 001 for each ami everv month of active service or a major fraction thereof, —.bseqiieT’ f the sh-th (lay of April, ¡nineteen Vlred Seventeen, not ex- e-eedlmr t* '/nr r> (ot-vl of Two T-Tun- Doll (1ri00 001. an ft the State iroarore« ¡'1 r>'\' pl’r11 warrants ?-.v*trt th /-'terMis’ Comnensation fn CiisG where* iiyiilicution com- pirsation is made by the widow, childrei, or parents of a deceased vet- Ki-an su -h person shall furnish the n ormutlon a« tliougli the ap- werc made by the deceased , . lU.lu, and the State Auditor shall mop-arc an appropriate form of certi- ficatc to cover such cases. Compen­ sation allowed to ihe childrenof de­ ceased leteran* ‘•lull be paid to the guardians of such children, which guardian if appointed by the courts of this stilt«, shall serve without com­ pensation and in (he discortion of the court without bond, and it shall be the duty of every cohnty attorney in this state to appear in the courts or ren­ der any other necessary legal assist­ ance iii behalf of such children in so far as the provisions of this Article are considered without corrmensatlon and no public officer shall colleca any fees in any proeeeeding brought in behalf of such children to secure comnensation under this Article. The State Auditor is empowered to niakp such additional reasonable re­ quirements from applicants as are necessary to prevent fraud or the pavmoni of compensation to persons riot entitled thereto. ‘‘Reefion 4 The State Alulitor filed! turni-h free of charge, upon ap­ plication I'neroof, the necessary form of cevfificntp to all persons entitled thereto, and m-v establish at differ­ ent points within the State of Mon­ tana office at whirl) there shall be I f - 1 nj) r . for ¡ho use of persons ‘ his Article a sufficient onus of certificates so n.iy In- no delay in the this compensation. The m i.v authorize the or enmity clerk, or M ( red l: timber la t I he i ( nu nt ntc Audi i oi 'linn •■mlitni itii of any county of the state to rt fm him in ¡-opening applications' rnicr ilm prm i.-ion-. of this Article, I mi .'linl fut i i i :;ii sell person with j mi er certificates to enable him tc , i oopt such application Tile Staff j udi,or is licioby authorized and di •'■ed to piu'-ure such printing and tTic-i supplies and equipment and to rnploy in, h persons as may be er cssary in order t.o properly cany •nt (■<'• pnnisions of ahis Article, and 11 ‘ \pi-nscs ‘ incurred by him in the dministraiion of this Article be paid y vrararis drawn upon the \Veter- ns’ Compensation Fund The Adjutant General shall advise dth and assist the State Auditor iD iie performance of the duties of the editor Under this Article. “Section 5. For the purpose of pro- iding means of compensation here- nder and for ilm paying of expenses f administration the State Board of ¡xaminers of the state rtf Montana is erebv authorized, empowered and irected to issue, from time to time, s may be required for the purpose of lls Article, bonds of, and in the ime of. the State of Montana, to J id in the amount of the shm «f Four nndre^ Tvuisand Dollars fMAOO.- -«nO) ?& ¿cess of the constitutional f indebtedness of the titan a and over and above indebtedness of said slate ^ created or incurred fur ,oh said state to now obHarated. > bonds provided to- in ibis Article 11 be issued in dmerntnatinn of , Thousand Dollars fiUWUWD eaeh i shall hear interest at the rate exceeding five and one half (SU cenn per annum my?M« „ allv on the first .davs of .Tamiarv' Tnlrr of .« e h vear at \T ? , Qtpte Treosumr pf- State o nU L or at pom„ hank n.a cWj « w o ltcd, hv the State Treasurer: such lítate ite 7 retcÇ^\ bonds shall be dated on.’ tha first day of January or the first day of July and shall become due and payable twenty (20) years from, their date and be re­ deemable at the Option of the State Board of Examiners at any-time after ten (10) years from their date at any interest paying. period.\ -The bonds herein referred to shall' be in such form as may be prescribed by the Attorney ‘General and approved by the State Board, of Examiners, and shall be signed by the members of said hoard and isued under the great seal of the State of Montana, and shall be registered in the office of the State Treasurer. Said bonds shall have in­ terest coupons attached thereto cov­ ering the interest due semiannually, which coupons shall be executed with facsimile signatures of all the hem- beis of the .State Board of Examiners and the signing of said coupons with said facsimile signature shall be rec­ ognized as sufficient execution of said coupons on behalf of the State of Montana. The bonds provided for in this Ar­ ticle shall be disposed of by the State Board of Examiners in such manner as they shal deem for the best inter­ ests of the State in carrying out the porvisions of this Article; provided, that no bond shall be disposed ot for j less than its par value. Bonds issued under the provisions of this Article shall be a legal invest­ ment for any of the funds of the State Section 6. The money arising from the sale of each issue of bonds shall be deposited in the State Treasury to the credit of a special fund to be known as the \Veteran’s Compensa­ tion Fund” which shall be used for the payment of the compensation provided in this Article and for pay­ ing the expenses of administration thereof. For the purpose of carrying out the provisions of this Article there is hereby appropriated from the Vet­ erans’ Compensation Fund the sum of Four Million Five Hundred Thousand Dollars ($4,500,000.00) or so much thereof as may b necessary. “Section 7. All payments or al­ lowances made under this Article shall be exempt from all taxatioii and from levy and sale on execution. “Section 8. That there shall be levied a tax not exceeding one mill on the dollar on all property in the State of Montana, subject to taxation which said tax when collected by the County Treasurers of the counties of the State of Montana shall he by th« Slate Treasurer placed in and credited fo a fund to b known as the “Veterans’ Compensation Retirement Fund” and which fund shall b« used exclusively for the payment of th« nrincipal and interest accurinsr on said bonds. “Section 9. No charge made by anv agent, notary public or attoi-ncy for a service in connection with obtain­ ing the allowance as provided for bv this Article shall be recognized by the state and any person who for a consideration discounts or attempts lo discount, or for a oonsderation ad- •'-ances monev unor> anv certificates iqc-'npd ruj’-supTit to the terms of this Ai-ttcip shall be guilty of a gross mis demeanor. “Section 10. Any person, who with intent Lo defraud, subscribes to any false oath or makes any false rep- resenttion, either in the execution of tlie certificates provided for by this Article or who with intent to defraud presents to the State Auditor, or an} other officer of the state, any cer­ tificate for the purpose of obtaining funds provided for by this Article which do not in fact belong to such persn, or makes any false representa­ tion in connection with obtaining any funds under the terms of this Act. shall bp guilty of a felony. “Section 11. The legislature may nrnvide nrlditonnl means for raising moneys for the navmenf of the in­ terest and principal of said bonds and tlu’s Act shall not b» deemed to pro­ vide an exclusive method of such \ o-- rnnnf Section 3. Thaa separate official ballts be provided at the genera! election to be held in November, 192-1, which shall have printed thereon the words For th0 amendment to the Constit­ ution relating to the payment of ad­ justed compensation to bona fide residents of the Stn'e of Montana who served on active duty in the Army, Navy, or Marin» Corps of f’-e United States n the world war, and to such said persons who. heinc- e,'i- zens of the United States, served in the Naval, Military or Air force - 'r any of the governments associa'«! ' with the United States during h -’ M war: authorizing the incurring of a« indehtnP'is; authorizing the is°niug or bonds tn an amount not exceed Four Million Five TTnndre.d Thousand Dol­ lars («4 fifiO 000 0 O>, nnd providing for the lew of a tax. Againsi *hc amendment to the Constitution relating to the payment of adjusted compensation to bona fide residents of the State of Mon­ tana who served on active duty in the the Army, Navy, Marine Corps of the United States in the world war, and to such said persons who, being eiu zons of the United States, served in the Naval Military or Air forces </. the governments associated with the United States during said war; atiTh- orizing the incurring of an ndebtness; authorizing the issing of bonds in an amount not to exceed Four Million Five Hundred Thousand Dollars (54,- fect upon its passage and approval. Apprrtved March 8, 1923. UNITED STATES“ OF AMERICA, STATE OF MONTANA, ss. I, C. T. STEWART, Secretary of State of the State of Montana, do hereby certify that the foregoing is a true and correct copy of an act entitled: \An Act to Provide for the Submission to the Qualified Electors of tlie State of Montana of an Amend­ ment to the Consttution of the State of Montana by Adding Thereto an I Article to Be Known as Article XXII, Providing for the Payment *of Adjust­ ed Compensation to Bona Fide Resi­ dents of the State of Morftana Who Served on Active Duty in the Army, Navy or Marine Corps of- the United States in the World War and to Such of Said Persons Who Being Citizens of the United States Served in the Naval Military or Air Forces of Any of the Governments Associated With the United States During said War and Authorizing the Incurring of an Indebtedness; Authorizing the Issu­ ing of Bonds; Providing for the levy of a Tax.” SEAL IN TESTIMONY WHEREOF. I have hereunto set my hand and'affixed the Great Seal of the State of Montana, at Helena, tlie Capital, this 1st day of Aughst, A. D. 1924. C. T. STEWART, Secretary of State First Pub. August 8 1924 atlons, Engaging in or Carrying on the Business of Working or Operating any Mine, or Mining Property in the State“ of Montana, from which Gold, Silver,' Copper, Lead, or any Oilier Metal or Metals or precious or Semi- Precious Gems or Stones of Any Kind shall be Mined, Extracted or Produc­ ed, to pay to the State Treasurer an Annual License tax for Engaging in and Carrying on Such Business In This State; Fifing the Amount ot Such License Tax, Providing à Meth­ od for the Assessment and Collection Thereof, and the Disposition of the Proceeds of Such License Tax; Pre­ scribing Penalties for Violations of the Provisions of .this Act nd Repeal­ ing with Certain' Reservations Sec­ tions 2344 to 2355, Both Inclusive of the Revised Codes of Montana of 1921.\ ’Sf -v IN WITNESS WHEREOF I have hereunto set my hand and caused the Great Seal of the State to be affixed. (SEAL) Done at the City of Helena, the Cap­ ital, this the twelfth day of July, in the year of our Lord one thousand nine hundred twenty-four. JOS. M. DIXON By the Governor: C. T. STEWART, Secretary of State. NOTICE OF ELEC T IO N — CONSTI­ T U T IO N A L A M E N D M E N T C HAPTER 97 » An Act for the Submission to the Qualified Electors of the State of Montana of an Amendment to Section 10 of Article IX of the Constitution of the State of Montana, Relating to the Qualifications of County Superinten­ dents of Schools and School District Officers.” BE IT ENACTED BY THE LEGIS­ LATIVE ASSEMBLY OF THE STATE OF MONTANA: __ , Section 1. That Section 10 of Art­ icle IX of the Constitution of .the State of Montana be amended as hereinafter provided and that ihe question of said amendment be sub­ mitted to the qualified electors of the , state of Montana at the next general election. Section 2. That Section 10 of Art­ icle IX of the Constitution of the State of Montana he and the samc is hereby amended Lo read as follows: “Section 10. AU persons possess­ ing the qualifications for suffrage Pre­ scribed by Section 2 of this Article as amended and such other qualifications as tlie legislative assembly may by law prescribe, shall be eligible to hold the office of couuty superinten­ dent of schools or any other school district office.\ Section 3. Separate official ballots -shall be provided at the general elec­ tion to be held in November, 1924, which shall have printed thereon all of Section 10 of Article IX of the Constitution of the State of Montana as amended by this Act, and below the same shall be printed tiie words: For the above written amend­ ment to tlie Constitution. Against the above written Amendment to the Constitu­ tion. Each elector shall designate his preference by marking an “X” in the square before the proposition for which such elector desires to vote. Section 4. The votes cast for and against the amendment above proposed ^shall be canvassed; 'deter­ mined and declared as provided by the general election laws of the State of Montana. Section 5. ' All Acts and parts of Acts in con ict herewith are hereby repealed. ¡ SgiW’ Section 6. This Act shall take ef­ fect and be in full force from and utter its passage and approval. Approved March 7, 1923 United States of America, State of Montana.—ss. 1, C. T. Stewart, Secretary of State of the State of Montana, do hereby certify that the foregoing is a true and correct copy of an act entitled: “An Act for the Submission to the Qualified Electors of tlTo ^ n t e of Montana of an Amendment to Section 10 of Article IX of the Constitution of tiie Stat0 of Montana, Relating to the Qualifications of County Superinten­ dents of Schools and School District Officers.” .IN TESTIMONY WHEREOF. I have hereunto set mv hand and affix- ; ert the Great. Seal of the State of Montana, at Helena, the Capital, this 1st day of Auglist. A. D. 1924. C. T. Stewart, Secretary of State (SEAL) First Pub. August 8 1924 500,000.00). and levy of a tax. providing for the Each elector shal- \ate bis preference by marking an “X” before the proposition for which said electc\* desires to vote. Section 4. That the votes cast fo- and against the admendment abm e proposed shall be canvassed and de­ termined as p r o v d h— ’ he general election laws of the State of Mon­ tana. Section 5. All Acts and parts of Acts In conflict herewith are hereby repealed. Section 6. This Act shall take ef- . PROCLAMATION BY TH E GOVERNOR WHEREAS, Petitions, signed by the requisite number of voters and praying for the initiation of a certain measure to be hereinafter ’more par­ ticularly described, have been duly and regularly filed in the office of the Secretary of State within the time required by tlie Constitution of tlie State of Montana; and WHEREAS: The Governor of the State is required by law to issue his proclamation announcing the filing of such petitions, NOW, THEREFORE, I, Jos M. Dixon, as Governor of the State of Montana, do hereby proclaim the fil­ ing of such petitions for the submis­ sion to the qualified voters of the state of Montana for their approval or rejection at the regular election, to b0 held on the fourth day of No­ vember. 1924, of \ A Bill to Enact by the Initative a Law Providing for Licenses for Rev­ enue Purposes, Requiring All Per­ sons, Individuals, Firms, Co-Partner­ ships. Associations, Joint Stock Com­ panies, Common-Law Companies, Bus­ iness Trtists, Syndicates and Corpor- NOTICE OF ELECTION— CONSTI­ TU T IO N A L AM E N DM E N T CHAPTER 134 “An Act to. Submit to the qualified Electors of the State of Montana an Amendment to the Constitution of the State of Montana, doing There­ to Nevy Article, Providing for the Ac­ ceptance and Administraton by the State of Gifts, Donations, Grants and Legacies for the Creation of a State Permanent Revenue Fund, for the Creation of a State Permanent School Fund, for the Creation of a Perman­ ent Revenue Fund for the University of Montana, and for the Benefit of other Useful, Benevolent and Worthy Objects; and Authorizing the State to Administer Other Funds Together with Those Herenbefore Indicated ” BE IT ENACTED BY THE LEGIS­ LATIVE ASSEMBLY OF THE STATE OF MONTANA: Section 1. That the Constitution of the State of Montana be amended as hereinafter provided, and that tlie question of such amendment be sub­ mitted to the qualified electoi's of the State of Montana for their approval or rejection at the general election fo be held in November, 1924. Section 2. That the Constitution of the State of Montana be amended and the same is hereby mended, by adding thereto a new Article to be known and designated as -Article Twenty-One (21), reading and being as follows: ARTICLE XXI Sucuon 1. (.oi m ncie lx.) The State it Montana does iiereoy agree auu covenant- to accept iroin any natural peison, or prsono, trom insnle or oui- snie or tlie ¡suite, guts, Uunalions, grunts auu legacies in any amount or value not less than Two Hundred iil'ty t$25U.U0) Dollars each, for the creation oi u state Permanent Rev­ enue Fund, for the creation oi a State Permaent school Fund, for the creation of a Permanent Revenue Fund for the University of Montana, and for the Benefit of scientific, ed­ ucational, benevolent and cnantable work, subject, however, to all the pro­ visions and limitations of this article, Section 2 (of Article 21.) The State further agrees and covenants to hold in truét all such contributions (gifts, donations, grants, and legacies), to adminiser the same perpetually, and to apply the net earnings thereof as therein direcled, subject, however, to the provisions and limitations of this Act. — Section 3 (of Article 21.) The orig­ inal amounts of ail contributions for the State Permanent 'Revenue Fund, for the State Permanent School Fund and for the Permanent Revenue Fund for the University of Montana, shall be added to such funds respectively and become inseparable and inviol­ able parts thereof. Contributions for other objects may contain a pro­ vision to the effect that the net earn­ ings thereof, or part of the net earn­ ings shall be added to the principal for a certain length of time, or until it has reached a certain amount, or until the happening of a certain event but such contingent event shall not be more remotc than permitted by the law effecting perpetuities; but no contribution containing such provis­ ion as to accumulation shall be ac­ cepted by the State until it~has been approved by the supervisory board hereinafter constituted,' which board shall have power to reject any such contribution that it may deem un­ wise. Section 4 (of Article 21}'. The State Treasurer shall keep a permanent record of all such gifts, donations, grants and legacies, showing the nameçt of the givers, the purpose of the contribtition, and other essential facts relating thereto. A duplicate of this record shall be kept by the Secretary of State .These records shall be preserved perpetually as a lasting memorial to the givers and their interest to society. The Leg­ islative Assembly shall from time to time make provision for suitable publicity concerning these benefac_ tors of their fellowmen. Section 5 (Article 21) The samc State Board and officers that have charge of the investment and admin­ istration of tbe Public School Fund of the State shall have charge of the investment and administration of all the funds administered under this ar­ ticle. All these funds shall be in_ vested as one common fund to he known and designated as the Mon­ tana Trust and Legacy Fund. In case any contribution is made *n qome other form than cash, such hoard shall convert it into cash as soon as practicable. Section 6. (of Article 21.) A1J in- vestments of these funds shall be saf_ ely and conservatively made; Pre­ ference shall' be given., to 'long term loans secured by urst mortgages on town and city honles.:or on cuuvated and producing farms in this State free from all prior liens ; and encumhr- ances, and also to Montana Bonos \is_ sued for educational »purposes. ai ~ s&ch loans and bonds shall be pay- abie on ,the amortization plan. No loan in ¡which the security is a mort­ gage, shall exceed fifty - per cent of the actual cash value of the real j estate’given as security. No farin' loan shall be .for a longer period than forty yeans, and no loan, secured on residence property shall be for a longer period than twenty years. No loan secured on town or city property shall be made until the particular town or city • or subdivision thereof in which it is located has been ac_ j cepted and apporved by the State Board, having charge of the invest­ ment, as permanently established, having an assured future and being in every way safe security for these investments. Investment may also be made in other safe interest bear­ ing securities; ~ provided, however, that no part of such funds shall ever he invested in obligations to the State of Montana, except general fund war. rants which will be paid within one year from the- time of the investment. No discrimination shall ever be shown for or against any loan aapplcant, pro­ vided, however, that in passing *on a loan or investment, consideration shall be given, not only to the am­ pleness of the security, but also the character and earning capacity of the applicant and to the purpose of the loan; and provided further that so long as the available funds are in. . adequate to meet the demand, prefer­ ence shall be given to the smaller loans. The rate of interest shall al­ ways he a reasonable rate, consid. ering the character of the loan or in­ vestment, but different rates may be charged for different classes of loans and investments. Section 7 (of ArticTe 21.) It is the meaning and intention of this Article that al investments of these funds shall be confined exclusively to safe loan investments, drawing a fixed rate of interest and being in aid of home malting, farming and educational work, or otherwise conducive to the progress and well being of society. All long term investments shall be on th0 amortization plan. Further regulations and limitations concern, ing these investments shall be pro­ vided by law. Section 8 (of Article 21.) When, ever the security given for a loan is liable to damage or destruction by fire, the insurance company accepting the risk shall be absolutely liable to the State f°r the full amount of the policy, and the policy itself shall specifically recite such full liability. The State may itself provide for in- surnce on any property constituting security for its loans. Section 9 -(of Article 21.) The Leg. islative Assembly may provide other and additional ways and means for beginning or increasing any of the funds created or authorized by this Article, Section 10 Gof Article 21.) The State of Montana shall accept for in­ vestment and administration together with the aforesaid funds constituting the Montana Trust and Legacy fund, but as separable parts thereof, sink, ing funds, permanent funds, and cum­ ulative funds belnging to the State and its political subdivsions, and also other funds designated by the Legi. sldtive Assembly, when requested to do so by the authorities having the care and custody of such funds. All sue funds and the accrued interest, less the State compensation herein­ after fixed, shall be repaid when due. The provisions of his section shall not apply to te Public School Funds of The State, which school fund shall be administered separately as already prescribed by the constitution. Section 11 (of Article 21.3) The State shall be entitled to receive as compensation for the administration of all the funds administered under this act oue twentieth (1.20) of all the interest colected thereon each year. On the last day of December of each year, he Slate Treasurer shall transfer to the S tatG General Fund such one twentieth (1-20) of all the interest collected during the year, less all the losses ascertained dur. ing the year, which losses shall be deducted from the one twentieth con­ stituting the compensation of the State. The balance of the interest collected shall be the net earnings and shall be credited pro rata to .each and every fund constituting the Mon. tana Trust and Legacy Fund that was in the keeping of the State on Janu­ ary 1st of that year, besed on the tot. al thereof on that date, and shall he added to each such fund, or held a- vailable for the beneficiaries as the case may he. Sums due .benefleiar. ies shall be paid out during the en­ suing year of January, as far as practicable. Section 12. (of Article 21.) All the net earnings \accruing to the State Permanent Revenue Fund shall annu. ally be added thereto until it has reached the sum of One Hundred Million Dollars ($100,000,000.00) Thereafter only one twentieth of the annual net earnings shall be added to the fund itself, and the remaining nineteen twentieths of the net earn­ ings 6hall he used for the general ex. pense of the state. Section 13. (of Article 21) All the net earnings accruing to the State Permanent School Fund shall annu­ ally be added thereto until it has reached the sum of Five Hundred Million Dollars ($500,000,000.00.) Thereafter only one twentieth of the annual net earnings shall be added to the fund itself, and the remaining nineteen twentieths shall annually be apportioned\ to’ the' school districts of the State, on the basis of the aggre­ gate actual school attendance in each; district during the preceding school or calendar year by persons between the ages .of six and eighteen years t and shall be used exclusively .for ucational purposes, subject , io such, regulations and lim itationsas may. be. prescribed by law. Section 14, . (oi Article 21) All the net earnings accruing' to the Perma-, nent Revenue' Fund-for the Univer­ sity o f Montana shall annually be ad. ded thereto until it has reached the sum- of One Hundred Million Dollars ($100,000,000.00). Thereafter only one. twentieth of the annual net earn- s ings shall be added to the fund itself, and the remaining nineteen twenti,-. etbe shall be apportioned to all the educational institutions then compris. ing the University of Montana, on the basis of the aggregate actual attend­ ance in each institution during the preceding school or calendar year, and may be used for all purposes properly connected with the work ot these institutions, subject, however, to such regulations and limitations as may be prescribed by law. Section 15 (of Article 21. When­ ever the purpose for which a certain contribution was made has been ac complished,' or can no longer be as­ certained or--followed» then, the total amount of such fund shall be trans­ ferred to the State Permanent School Fund and become a Permanent and inviolable part thereof. All contri. butions without a specific purpose shall be credited to the State Perm­ anent School Fund. Section 16 (of Article 21. Should *• the time ever come when any of the three aforesaid permanent funds be­ come so large that . no further in. crease is necessary or desirable, then, in such case, the Legislative,Assem­ bly shall ave power to provide for the use of all of the netvincome from such fund for the purpose for which it was created, or it may use the one > twientieth of the annual net income which was to he added to the fund itself for the creation of other perm­ anent revenue funds, of for any other public purpose that it may deem wise; provided, however, that none of the foregoing provisions of this sec. tion shall apply to any of these funds until it has reached the specific am-. f ount fixed by this Article. Section 17 (of Article 21). Thd Justices of the Supreme Court of the Staite of Montana are hereby made and constituted a supervisory board over the entire administration of all tlie funds created or authorized by this article and ahe income therefrom. t During January of eac year, this board shall review the administration for the preceding year. It shal) de­ cide all uncertain or disputed points arising in the administration of the funds whenever requested to ^do so by a beneficiary, by a State Official charged with some part of the admin­ istration of the fund, or any other in­ terested party; and it may do so*\ip- on its own initiative. It shall he the duty of the supervisory board to do and perform all acts and things that it may deem necessary in order to cause the board and officers having direct charge of these funds to ad­ minister the same carefully and wise­ ly in full compliance with. the provis­ ions of tills article and. such further legislation,, as may be enacted relat­ ing thereto. The Clerk of. the Su­ preme Court, shall be Ex-Officio Clerk of this Supervisory Board. Section 18 (of Article 21.) The Lesrislative Assembly shall from time to time enact such further legisla­ tion s it mav deem neeessarv to carry into effect the provisions of tills ar­ ticle. Section 3. Separate official ballots shall be provided at the general election to be held in November, 1924, which shall iiave printed thereon all of Article Twenty-one (21) of the Constitution of the Suite of Montana as proposed by this Act. There shall also be printed on said official ballots below the said article, squares and the words as follows. □ For the foregoing amend­ ment to the Constitution. U Against ilie foregoing amend­ ment to the Constitution. .iMoh elector who ’ approves this amendment shall mark an X in the first square above printed, and each elector who rejects it shall mark an X in the second square. Section 4. The voles cast for and against this proposed amendment shall be canvassed, determined and declared as provided by the laws of the Stu-te of Montana. Section 5. All acts and parts of acts in conflict with the provisions ’ of tjiis act are hereby repealed. Section 6. This act shall take ef­ fect and be in full force and effect from and after its passage and ap­ proval. Approved March 8, 1923, United States of America, State of Montana, ss. I C, T. Stewart, Secretary of State of the State of Montana, do hereby certify that the foregoing is a true and correct copy of an act entitled: “An Act to Submit to the . Qualified Electors of the State of Montaha an Amendment to the Constitution of the State of Montana, Adding Thereto a New Article, Providing for the Ac­ ceptance and Administration by the State of Gifts, Donations, Grants and Legacies for the Creation of a State Permanent Revenue Fund for the Creation of a State Permanent School Fund, for the Creation of a Perman- •ent Revenue FuDd for the University of Montana, and for the Benefit of other Useful, Benevolent and Yforthy Objects; and authorizing the State to Administer Other Funds Together with Those Hereinbefore Indicated,\ In Testimony Whereof, I have here­ unto set my hand and affixed the Great Seal of the State of. Mopte.ua at Helena, the Capital, this 1st day of August, A. D. 1924. C. T. Stewart, Secretary of State (SEAL)' First Pub. August 8 1924

The Choteau Montanan (Choteau, Mont.), 05 Sept. 1924, located at <http://montananewspapers.org/lccn/sn85053031/1924-09-05/ed-1/seq-8/>, image provided by MONTANA NEWSPAPERS, Montana Historical Society, Helena, Montana.