Postville Herald from Postville, Iowa on October 27, 1948 · Page 8
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October 27, 1948

Postville Herald from Postville, Iowa · Page 8

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Postville, Iowa
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Wednesday, October 27, 1948
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Page 8
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WHITE SPRINGS BALLROOM MCOREGOR, IOWA SAT., OCT. 30 HILL BILLY RHYTHM BOYS Open Wednesday thru Saturday Also Catering; to Private Parties and Wedding; Dances COMING—SAT, NOV. 6th: JOLLY RIDGE HILLBILLIES Here's the Famous Coleman OIL HEATER THE m &TVUm HERALD, PQSTVILLE, IOWA That Gives you /WKCT RADIANT HEAT f^CNtCtRATING WARMTH NUBH BONOS 8. P. aM AN ACT authorizing the state of Iowa to become indebted in the amount of eighty-five million dol lars ($85,000,000). and providing for the issue and sale of bonds of said state in evidence thereof, to procure funds for and pay service compensation to persons who served in the armed forces of the United States at any time between the sixteenth day of September, 1940, and the second day of September, 1945, both inclusive or their successors in interest, providing for a board to administer such payments, providing for additional compensation to persons under disability, providing for the imposition, levy and collection of a direct annual tax sufficient to pay the principal and interest an said bonds, and providing penalties for the violation of the provisions of this act; providing for the application of any surplus to the retirement of the indebtedness herein created; and providing for submission of this act to the people to be voted upon at the general election to be held in the year 1948. Be It Enacted by the General Assembly of the State of Iowa: Section 1. The state of Iowa is hereby authorized to become indebted in the amount of eighty-five million dollars ($85,000,000) and in evidence thereof there shall be issued and sold negotiable coupon bonds of said state as hereinafter provided, and the proceeds thereof dKUATES HEAT 1HR006H MOMS —OVES "HOT ST0VT NEAT, T001 • BMWtHul Grin* Cabfawtt • Duroplastie Finish! • Automatic Fuel Control! • Automatic Draft Contrail • Low Flam* Fuel Savor! • A REAL VALUE I NYBERG'S FARM & HOME SUPPLY Postville, Iowa shall be paid into the treasury of the state to be expended for the payment of service compensation to the persons defined in section four (4) of this act, or for the benefit of such persons as prescribed by sec tion four (4) and ten (10) of this act, and for expenses incurred in carrying out the provisions of this act Sec. 2 The treasurer of the state is hereby directed to cause to be prepared negotiable coupon bonds of this state in the amount of eighty-five million dollars (85,000, 000), such bonds to bear interest at the rate of not to exceed two and one-half percent (2H%) per annum which interest shall be paid semi annually. Such bonds shall be issu' ed so that said indebtedness shall be payable in twenty (20) equal annual installments, the last of which shall be within twenty (20) years from the date of issue, bonds to be callable in numerical order on six (6) months notice at one hundred one and one-half percent (101H%) of the par value. Said bonds shall be signed by the governor under the great seal of said state, attested by the secretary of state and counter signed by the treasurer of state, and the full faith, credit and resources of the state of Iowa shall be pledged for the payment thereof. The interest coupons attached to said bonds shall bear the lithographed facsimile signature of said officials. The treasurer of state shall sell said bonds to obtain funds to carry out the provisions of this act, and to make the payments hereinafter provided. Such bonds shall be sold at not less than the par value thereof and accrued interest thereon to the highest and most responsible bidder after advertising for a period of twenty consecutive days, Sundays excepted, in at least two daily newspapers printed in the state of Iowa. Advertisements of sale shall recite that the treasurer of state, in his discretion, may re ject any or all bids received and, in such event, he shall readvertise for bids in the form and manner above described as many times as in his judgment may be necessary to effect a satisfactory sale. If any of said bonds are not presented for FARM INSURANCE Be sure yon have complete coverage in standard policies written properly in first line companies after expert advice from your agent. Farm "Protective Policy" (liability) $12.00 Farm passenger cars, liability 15.00 Farm pickup, liability 15.00 Farm fire, wind, etc., per S1000 4.80 Farm Windstorm per $1000 2.00 Farm personal accident, §100 a month— 25.00 Farm tractor and machinery per S1000__ 7.00 Preston Carr, Insurance Telephone No. 157 Monona, Iowa RE-ELECT U. S. SENATOR CEO. A. WILSON * * George Wilson's courageous fight for small business and constructive farm legislation; his strong stand against communism and bureaucracy in Washington; his unquestioned sincerity and sound thinking—these are the reasons why thinking Iowans agree. payment within tan (10) yarn after maturity they shall be barred., Sec. 3. The proceeds of such bonds so paid into the treasury of state shall constitute a service compensation fund and shall be distributed to the persons entitled thereto as hereinafter prescribed. Said eighty-five million dollars ($85,000,000) is hereby appropriated out of said service compensation fund for the purpose of carrying out the provisions of this act Sec. 4. Every person, male — female, who served on active duty, in the armed forces of the United States, at any time between Sep tember 16, 1940, and September 2, 1945. both dates inclusive, and who at the time of entering into such service was a legal resident of the state of Iowa, and who had maintained such residence for a period of at least six (6) months immediately prior thereto, and was honor, ably separated or discharged from such service, or is still in active service in an honorable status, or has been retired, or has been fur- toughed to a reserve, or has been placed on inactive status, shall be entitled to receive from the service compensation fund ten dollars ($10.00) for each month that such person was in active domestic service and twelve and one-half dollars ($12.50) for each month that such person was in active foreign service, all prior to December 31, 1946, not to exceed a total sum of five hundred dollars ($500.00), provided that such person served for a period of not less than one hundred twenty (120) days prior to December 31, 1946. Compensation for a fraction of a month shall not be considered unless it be sixteen days or more in which event it shall be computed as a full month. No person shall be entitled to such compensation who received a bonusor compensation of like nature, as provided in this act, from another state. No person shall be entitled to such compensation who being in the service of the armed forces of the United States, subsequent to September 16, 1940, refused on conscientious, political, religious, or other grounds to subject himself or herself to military discipline. Service in the merchant marine shall not be considered for the purpose of this act The surviving unremarried widow or widower, child or children, stepchild or stepchildren, mother, father, or person standing in loco parentis, in the order named and none other, of any deceased person, shall be paid the compensation that such deceased person would be entitled to under this act if living; but if any person has heretofore died or shall hereafter die, from service conected causes incurred between September 16, 1940, and December 31, 1946, the first of survivors as hereinbefore designated and in the order named, shall be paid five hundred dollars ($500.00) regardless of the length of such service. Sec. 5. Active duty in the armed forces of the United States shall include all time for which credit is received in the computation of terminal leave, including such leave time as provided for by federal statutes, including Armed Forces Leave Act of 1946, and attendance at an armed forces school including such schools conducted at a college, university, or similar institution of learning, but shall exclude time pursuing a course of instruction in a college, university, or other institution of learning as a duly enrolled student Sec. 6. There is hereby created a board to be known as the 'World War II Service Compensation Board" to consist of the state auditor, state treasurer, the adjutant general and two veterans of World War II, which two veterans shall be appointed by the governor and serve at his pleasure. The World War II members of the board shall receive compensation of ten dollars ($10.00) a day and actual expenses for each day of actual service in the administration of the provisions of this act. The board shall maintain its office at the seat of government in Des Moines, Iowa. Sec. 7. Duties. It shall be the duty of the said board to administer the provisions of this act, to examine all applications and approve or disapprove the same and make any investigation necessary to establish facts. In the event an application is disapproved by the board, the claimant shall have the right to appeal to the district court of the state of Iowa in and for the county of his legal residence within a period of thirty days from date of mailing by registered mail of no tice of such disapproval. The appeal shall be perfected by filing in the office of the board, a written notice of appeal setting forth the order of finding appealed from and the grounds of the appeal. Within thirty (30) days after the filing of such notice of appeal the board shall make, certify and file in the office of the clerk of the district court to which the appeal is taken, a full and complete transcript of all documents in the proceeding, including any depositions, a transcript or certification of the evidence, if reported, including the notice of appeal. The clerk shall forthwith docket such appeal.. The appeal shall be heard in such district court as in equity de novo. Appeal may be taken to the Supreme court from any final order or judgment or decree of the district court When any application has been approved by the board, payment shall be made to the applicant in accordance with the provisions of this act It shall be the duty of the board to prepare vouchers and transmit the same to the state comptroller in payment of the bonus claims provided tat herein and other necessary administrative expenses; said state comptroller shall issue a warrant for the amount stated therein and the state treasurer shall pay such warrants out of said bonus fund. The board is hereby empowered to employ such assistants and incur such other ex* penses as may be necessary for such administration and carrying out of the provisions of this act, and the funds necessary for such adminis tration and carrying out the pro visions of this act shall be expended from said compensation fund; such assistants as said, board may determine shall give bond in such amount as may be fixed by said board, and shall, whenever practicable, be persons whithin the classes as defined In section four (4) of this act The board is hereby empowered to make, adopt and promulgate such rules and regulations for the carrying out of the provisions of this act as it deems necessary and expedient and which are not inconsistent with any provisions of this act. Sec. 8. Before receiving any com pensation under the provisions of this act, the claimant, or his successor in interest, shall file with the service compensation board, application on forms provided by said board; such application must be so filed on or before December 31, 1950. Such application shall state facts sufficient to establish the status of such applicant within a class as defined in section four (4) of this act, and shall be duly veri fled. Sec. 9. Whoever knowingly makes a false statement, oral or written, relating to a material fact in supporting a claim under the provisions of this act, shall be punished by a fine of not more, than one thousand dollars ($1,000.00) or be imprisoned for not more than one year, or both, and shall forfeit all benefits he or she might have been entitled to under this act Sec. 10. After payment of all of the above claims and expenses of administration of the board herein created, all funds up to and including three million dollars ($3,000. 000) remaining in the hands of World War n service compensation board shall constitute an additional compensation fund to be administered by the said board for the ameUo< ration of the condition of residents of this state within the classes defined in section four (4) of this act who suffer from disability. The cost of the administration of such addi- .tional compensation fund shall be paid from such fund. After the payment of all said claims and expenses of administration of the board herein created all funds remaining in the hands of World War II service compensation board in excess of three million dollars ($3,000,000) shall revert to and become a part of the permanent school fund of the state. Sec. 11. All payments and allowances made under this act shall be exempt from taxation and from levy and sale on execution and all bonds issued hereunder shall be exempt from taxation. Sec. 12. To provide for the payment of the principal of said bonds so issued and sold and the interest thereon as the same become due and mature, there is hereby im posed and levied upon all of the taxable property within the state of Iowa in addition to all other taxes, a direct annual tax for each of the years said bonds are outstanding sufficient in amount for the payment of principal of said bonds as it shall become due, and sufficient in amount to produce additional sums as may be needed to pay the interest on said bonds each year for twenty (20) years. The treasurer of the state shall annu ally certify to the state tax commis sion prior to the time for levy of general state taxes the amount of money required to be raised to pay the principal and interest on such bonds maturing in the ensuing year, and said state tax commission shall annually fix the rate percentum necessary to be levied and assessed upon the valuation of the taxable property within this state to produce funds sufficient to pay the principal of and interest upon such bounds as the same become payable, and such additional annual direct tax shall be levied, certified, assessed and collected at the same time and in the same manner as arc taxes for general state purposes. Sec. 13. If any clause, sentence, paragraph, or part of this act shall for any reason be adjudged by any court of competent jurisdiction to be invalid, such judgment shall not affect, impair or invalidate the remainder of the act, but shall be confined in its operation to the clause, sentence, paragraph, or part thereof directly involved in the controversy in which such judgment has been rendered. Sec. 14. This law, after legal publication shall be submitted to the people of this state at the general election to be held in November, nineteen hundred forty-eight, and shall not take effect unless at such election it shall receive a majority of all votes cast for and against it Separate ballots shall be provided for the electors which shall be in substantially the following form: (Notice to voters: For an affirmative vote upon any question submitted upon this ballot, mark a cross mark in the square after the word j "Yes." For a negative vote, make a similar mark in the square fol lowing the word "No." "Shall the following public measure, being an act of the 52nd General Assembly, be adopted and approved?" Iowa relating to the submission to the electorate of the question of incurring debts by the state. Given under my hand and the seal of my office affixed this 22nd day of July, A. D. 1948. (SEAL) Rollo H. Bergeson, Secretary of State. Published in the Postville Herald August 4, September 1, October 6, and October 27, 1948. Get your wedding announcements and wedding Invitations at the Herald office. Shelled Corn • EM Coril Soybeans - OiU I We Deliver Truck Lot* tl ft* Noel Broctaaj WEST UNION, IOWA u Sit South Vine Pswe sjl YES ! i NO i (Here insert in full this law) Sec. 15. This act shall take effect immediately upon its adoption and approval at such election Approved May 19, 1947. Firemen's Annual HALLOWE'EN DANCE Sat, Oct 30 Postville, Iowa • , —— Masic By — BOB his HILLBILLIES UIIIIIIIIIIIIIIIIHIIIIIIIIIII! WE NEED WILSON IN WASHINGTON VOTE tfPUBUCAM-MOYEMBER 2*4 Highest CASH Prices For Your Dead Stock CHARGE ALL CALLS TO US Postville Rendering Co. TELEPHONE NO. 1000 WAUKON—Call Baadermaa City SerWe«—TaiefhaM Na. Ms IfeGUGOaV—Call Drasica Standard Berrice—Telepbas* Na. U-J OSSIAJi-CaS IVX Senrtea BUtlaa-agslssjaaas Ufa. M EUHN-Cafl Mt Sarviea Sattloa—Tateakaaa Na. S1U MONONA—Call Mr. ZlagUr-T«l»faaa t Na. SM . ~ Uek«r riaat I, Rollo H. Bergeson, secretary at state for the State of Iowa, and custodian of the Laws and Acts of the General Asesmbly do hereby certify that the, foregoing is a true and correct cop'y of a certain enactment of the General Assembly known as Chapter 59, Acts of the Fifty-second General Assembly and was approved by the Governor May 19, 1947. I further certify that this publication is in compliance with Section " Article 7 of the Constitution of Givas Mora COMFORT For LESS FUEL Get eitra fuel jsvingj with the new COLONIAL itieam-lined precision built Econo-Miierl Burnt all type* domtttic fuel oil. VOTE FOR J. Robert Kenney Democratic Candidate for CLERK OF COURT ALLAMAKEE COUNTY General Election November 2,1948 Your Vote and Support Will Be Appreciated LOUIS L. POSTVILLE, "91 HtATIHG WIS* CQLONIAUlf HILL IOWA TOP For Dead Horses and Cows "WE WANT EVERY DEAD ANIMAL YOU HAVE REGARDLESS OF SIZE —WE MAKE THE CALL." Always remember when you want top prices plus fast service PHONE 555 POSTVILLE or 600 WAUKON Reverse all long distance calls. Cole's Meat and Bone Meal For Sale. "BE SURE BY CALLING US." ALLAMAKEE COUNTY RENDERING SERVICE Postville—Phone 555 — or — COLE RENDERING SERVICE Waukon—Phone 600 Telephone No. 152 • A* I* S KNO POSTVILLE, IOWA W POIDf JIM* J

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