Initiative Measure No; 8 PDF ePub eBook

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Initiative Measure No; 8 free pdf Excerpt from Initiative Measure No- 8: Relating to Investment of Permanent State Funds, Securities Herein Designated- To Be Voted Upon at the General Election, November 3, 1914 To propose by Initiative Petition a law, "Providing for the safe investment of the state permanent common school funds, and all other state educational, charitable and penal institution funds in the securities herein designated, for the prompt collection of interest thereon, providing a method of procedure in making said investments to guard and protect such funds and prescribing the duties and obligations of the various officers of the state and the several counties to whom such funds are intrusted." Be It Enacted By The People Of The State Of Montana: Section I. All moneys belonging to the permanent common school and all other permanent state educational, charitable and penal institution funds must be invested by the State Board of Land Commissioners in bonds of school districts, within the state of Montana, provided, that before such moneys are so invested, the said board must be satisfied that the bonds so to be negotiated are the only bonds issued by the school district, and that the outstanding indebtedness of said district does not exceed three percent of the valuation of the property within it- in bonds of the State of Montana or of the United States- in interest-bearing warrants upon the general funds of the state- in any state capital building bonds of the State of Montana, now issued, or which may be hereafter issued- in bonds of irrigation districts within the State of Montana: in first mortgages on good, improved farm land in the State, in the manner provided herein. About the Publisher Forgotten Books publishes hundreds of thousands of rare and classic books. Find more at www.forgottenbooks.com This book is a reproduction of an important historical work. Forgotten Books uses state-of-the-art technology to digitally reconstruct the work, preserving the original format whilst repairing imperfections present in the aged copy. In rare cases, an imperfection in the original, such as a blemish or missing page, may be replicated in our edition. We do, however, repair the vast majority of imperfections successfully- any imperfections that remain are intentionally left to preserve the state of such historical works.

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Details Book

Author : Unknown Author
Publisher : Forgotten Books
Data Published : 27 September 2015
ISBN : 1332090273
EAN : 9781332090273
Format Book : PDF, Epub, DOCx, TXT
Number of Pages : 20 pages
Age + : 15 years
Language : English
Rating :

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