The daily Nebraskan. ([Lincoln, Neb.) 1901-current, July 29, 1930, Page THREE, Image 5

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    . TIIK NMUIASKAN, TUESDAY JULY 29, 1W0.
TIIIUX
iirnii itAN picnic
CIVLN ACCLAIM
Itie. Lutheran student picnic
brIJ Friday evening at the Auto
rark wa a successful affr.lr. If the
tnlhuslasm of those In attendance
li indicative of succeaa. The thirty
cr more person who went to the
picnic did number of thing to
amuse themselves after the picnic
tupper had been served shortly
alter six.
I.iluarian Douiic Hoe
for II Vacation
Ir. Gilbert II. loane. head li
brarian at the University of Ne
branka, left by motor last week
end for Newport. H. I., and Bar
Harbor, Mo. where he will upend
hi vacrt on. He plans to remain
until Stt. 10.
Irrigation Official
Confer With Comlra.
K. T. Giles, war department en
gineer, waa a visitor at Dr. G. K. (
t'ondia'a office last week. discuss-
tog Datte valley water question.
LOST: Red Parker fountain
pen with clip, gone in or between
Andrews. Social and Teachers.
July 17. Reward. F6164. 1300
South Twenty-third.
rOLITICAl ADVIRTIf IMiNT. POLITICAL ADVIHTItf MINT.
LEGAL NOTICE
322
921
TEACHERS
NEEDED
FREE REGISTRATION
Spokane, Wash.
VVESTMORE TEACHERS'
AGENCY
The Davis School
Service
Nebraska's Leading
Teachers' Agency
1 1 .'
Established 1016
635-6 Stuart Bldg., Lincoln
(Formerly 133 No. 12th St.)
Ixnrn to
DANCE
Expert instruction in
ballroom dancing.
Phono B4S19 for appointment.
Borner Sisters
Dance Studio
108 Nebr. State Bank Bldg.
ij i.
v- , -
r
.i'XSt.-X'
VV. M. STEBBINS
GOTH EN EU RG .
REPUBLtCAN CANDIDATE FOR
United-States Senator
PIONEER NEBRASKAN
SUCCESSFUL BUSINESS MAN
FORMER LEGISLATOR
IN CONSTITUTIONAL CONVENTION
Present; State Treasurer
. . " RELIABLE. DEPENDABLE f.
-. ; ,, , ' ALWAYS ON THE JOB , y,.
-VOTE FOR A NEBRASKA?! TO
REPRESENT NEBRASKA'!
Primary, August, 12, 133
nu)msF.i nv initiative tiitition
ThU At relate to eltfe and tillage and
public electric light and power district which
IX)R n or operate electric light and power plant,
distribution system and tranmllon line.
It authorise the extension of luch lines and
system for the purpose of ertlng farmer
and othen living outside turh cities and vil-
AtiAISST Ugei and aho authorite tho owner of uch
I lanti to provide mean for financing aame.
A lllll.
rOLITICAL ADVfRTIStMCNT. POLITICAL ADVtWTIHMCNT.
FOR AN ACT rilaling to Cittet and Village, and public electrle )ght
and power district, which own or operate electric light and power
plants, d.Mnbutlon lyitem and 'or tranmiion lines; to authorite
the extenkion of such lines and nyitem for the purpose of serving
farmer and others living ouUide such cities and village, and to
provide men of financing the same.
IW It Knacted hy The People Of The State Of NtbraVa:
Section 1. Any city, village, or public electric light and power
dinlrict, within the Mate, which may own or operate any electric light
and power plant, distribution yttein, andor transmission line may
extend the same beyond it boundaries, and for that purpose hereby
authorized and empowered to construct, purchase, lease, or otherwise
acquire, and to maintain, Improve, extend, and operate electric light
and power plants, distribution systems, and transmission lines, outside
of the boundaries of such city, villag or public electric light and
power district, for such distance and over such territory within this
state as may be deemed expedient. In connection therewith any such
city, village, or public electric light and power district may enter into
contracts to furnish and sell electrical energy to any person, firm,
association, corporation, municipality or public electric light. and power
district. No such construction, purchase, lease, acquisition. Improve
ment, or extension r.f cry jch plant, distribution system andor trans
mission lines without such boundaries, however, shall be made, except
upon the approval of the majority of the qualified electors cf such
municipality or district voting upon such proposition t an election
called for that purpose.
Section 2. For the purpose of selling .r purchasing electrical
energy for lighting, heating or power purposes, any city, village, or
public electric light and power district may by contract connect and
interconnect it electrical light and power plant, distribution system
andor transmission lines with the electric light and power plant, dis
tribution system and.'or transmission lines of any other city, village, or
public electric light and power district, whenever authorised by a
majo.-ity of the qualified elector of each uch municipality or district
voting wpon suih proposition at elections called for that purpose.
Section S. Such construction, purchase, lease, acquisition, im
provement or extension may be paid for by the issuance of bonds or
the levy of taxfs as otherwise by law provided, or in lieu of any ether
lawful methods or means of providing for the payment of indebtedness,
any city, village, or public electric light and power district within this
state, shall have the power and authority, by and through its govern
ing body or board of directors, whenever authorized by a majority of
the qualified electors voting upon such proposition at an election called
for that purpose, to provide for the payment of the cost or expense of
purchasing, constructing, extending, improving, or otherwise acquiring,
any property necessary or useful in the operation of any electric light
and power plant, distribution system, and.'or transmission lines, by
pledging, assigning, or otherwise hypothecating, the net earnings or
profits, of such electric light ar.d rower district, city, or village, derived
from the operation of such elcHvic light and power plant, distribution
system and or transmission lines.
324
325
PROPOSED BY INITIATIVE PETITION
This law (1) gives cities and towns owning
electric light and power plants the right, pro
vided cost is paid out of net earnings, to ex
tend their lines beyond their border to serve
FOR farmers and others, and (2) the right to pay
for power plants, eft. by pledging future earn
ing, instoad of bv taxation, and (3) provides
that no publicly-owned plant may be sold
except upon approval of sixty percent of voters
AGAINST and filing of statement of original cost, etc,
. . it. ... i - j i : ;
with Department oi ruDiic worns, nu
amount of money which may be spent in cam
paign for sale of plant.
A BILL
FOR AN ACT relating to cities, villages, and public electric light
and power districts engaged in the generation,- transmission, dis
tribution, purchase andcr sale of electrical energy for lighting,
heating and power purposes; to provide for the extension, by any
city village, or public electric light and power district cf its
electric light and power plants, transmission lines and service out
side of the boundaries of such municipality or district; to provide
for interconnection of electric light and power plants, lines, sys
tems and rervice by and between cities, villages and public electric
lieht and power districts in this state; to authorize the pledging
or hypothecating of the net earnings and profits of publ.cly-owned
electric light and power plants, lines or systems, to pay for prop
erty necessary or useful in the operation of .such plants,. lines or
cytems; to make certain requirements and restrictions concerning
ihe sale or alienation by cities, villages and public electric light
and power districts of electric light and power plants, lines and
systems to private persons, firms and corporations; to define
certain crime in connection wftK such sale or alienation and
fSing the penalties therefor; add, to make applicable to citierf
vilSes and public electric light MW districts, the -generM
irovSons of 1 concerning pvato Electric light and power
iZpaXe. to eminent domainj right-of-way d physical con
Son and maintenance of electric light and power plants, lines
and systems.
Be It E-acted By The Peopl. Of The Stat Of Nebraska, .
- tu 1 Any tity, village, or. pnblk electria MgH nPow
JZEvi: t JtaU which y t operate, r hereafter ac
latrict Onnttt -JJ T light and power plant, distribution
VUblS.loTlta8 nfay. at tlTtim. of, or at any tin.
boundaries, and for that purpoia I hereby authorised and empowered
to construct, purthaia, leaie, or otherwise acqulra, and U maintain.
Improv. attend, and ope1 electric light and power plan!, distribu
tlon ytem and transmission line, cutalda of the boundaries of Jih
city lllarS r public electrU light and potr district, for uch di.
tanca and or uch territory within thU tt a may be deemed ei
pedlent In tha exerclsa of tha power granted by thl section any
uch city, il!ag. or public electric light and power district may enter
Into contract to furnish and iell electrical enerry to any person, firm,
association, corporation, municipality, or public electric light and pewer
d strict No uch construction, purchase, leasts acquisition. Improve
ment or extension of any luch additional plant, distribution yitm
andor transmission line, however, shall b paid for except out of tho
ret earning! and profits of one or more or all of the electric light and
power plant, distribution system and transmission lines, of such c ty.
village, or public electric light and power district The provUion f
thl act hall be deemed cumulative and the authority herein granted
to cities, tillage and public electric light and power district", shall
not be limited or made inoperative by any existing tatuie.
Section 2. For the purpose of selling or purchasing ilwti.cal
energy for lighting, heating or power purposes, any city, village, or
public electric light and power district in thi state i hereby authortied
to enter into agreement to connect and interconnect its electric light
and power plant, distribution system and or transmission lines w.th
the electric light and po" plant, distribution system and or trans
mission line of any one or more other cities, village, or public electric
light and poer district in thi state, upon such term and conditicn
as may be greed upon between the contracting cities, villages and
wild: power districts.
Section 3. In lit u of the issuance of bonds or the levy tf taxes
at otherwise by law provided, and in lieu of any other lawful methods
or means of providing for the payment of indebtedness, any city,
village, or public electric light and power district within this state shall
have the power and authority, by and through it governing body or
board of directors, to provide for or to secure the payment of the cc-t
or expenses of purchasing, constructing, or otherwise acquiring, extend
ing and improving, any real or personal property necessary or useful
in its operation of any electric light and power plant distribution
system, and.'or transmission lines, by pledging, assigning, or otherwise
hypothecating, the net earnings or profits of such electric light and
power district, city, or village, derived, or to be derived, from the oper
ation of such electric light and power plant, distribution system, and. or
transmission lines and, to that end, to fnter into such contracts and to
issue such warrants or debentures as may be proper to carry out the
provisions of this section.
Section 4. No sale, lease or tiansfcr'of any electric light tr povycr
plant, distribution system, andor . transmission lines, by any city,
village, or public electric light and powfer district to any private person,
firfn, association, 'or1 corporation, shall be valid unlets such sale, lcae
or transfer shall be authorized by a vote of not less than sixty per cent
of the qualified electors of such city,' village, or public electric light
and power district voting on such ' proposition at a regularly called
election, and unless four months' notice of said election to vole on such
proposed sale, lease, or transfer shall have been given by the governing
authorities of such municipality or public electric light and power dis
trict, as the case may be, by publication once every two weeks in ore
or more newspapers of general circulation in such municipality or
public electric light and power district.
Section 5. In order to consummate and complete the sale, lease,
or transfer, of any electric light and power plant, distribution system,
or transmission lines by any city, village, or public electric light and
power district of this state, to any private person, firm, associaton. or
corporation, there shall be filed in the office of the Department of Tublic
Works of this state, prior to any delivery or cnange oi possession,
control or management under such sale, lease, or transfer, true and
exact duplicate signed copies of all agreements, conveyances, contracts,
franchises, deeds, leases, bills of sale, and other instruments under
which such sale, lease, or transfer, is to be made. Said instruments
shall be certified to under the oath of the executive or presiding officers
of the seller and purchaser, respectively, as such true and exact dupli
cates. At the same time, and accompanying snid documents and instru
ments of sale and transfer, there shall be filed with said Department
of Public Works a statement and report, in form and detail to b
approved by said Department and the Attorney General, clear'y
setting forth the follow ir.g facts and data, to-wit:
(a) The location and detailed 'description, including source and
methods of generation, of til the property involved in the -sale, Vase
or transfer.
(b) The dates of the construction, purchase, or other acquisition,
by such municipality, or public electric light and power district, of
such power plant, distribution system, andor transmission lines, in
cluding all replacements, extensions, repairs and betterments, together
w ith a detailed statement of the actual cost.
c) A detailed description of such parts of the utility to be sold
as between the time of acquisition thereof and the time of the sale
under consideration shall have become obsolete, or shall have been sold,
transferred, lost, destroyed, abandoned, or otherwise disposed of by
such municipality or public electric light and power district and the
cost of such part of the utility including extensions or additions thereto.
d) A complete schedule of the rates and charges made or levied
by such municipality or public electric light and power district for
electric current and a full and complete statement showing the financial
condition and the receipts and disbursements of such municipality or
public power district in the operation of the utility during the preceding
three-year period, and a statement of the bonded indebtedness, if any,
of, such municipality or public power district in connection with its
ownership or operation of the utility, including the amount of all
bonds issued and paid.
Such statement and report shall be certified and sworn to as cor
rect by the presiding officer of the governing body of such municipality
or public electric light and power district as the case may bo, and shall
also have thereto attached the certificate and oath of the presiding
officer, or other duly authorized executive officer, of the purchaser,
under the seal of the purchaser, if a corporation, that the purchaser of
tiaiA etntpmprif nnd renort. has investigated
the fact therein set ,forth, believes said statement and report to b
ffcrue atod: correct an !that the proposed purchase of said utility has
and circaniStances, aet forth in said statement and report. The filing
of said instruments and said statement and report, certified as herein
required, is hereby made a conditio precedent to the validity of any
uch sale, lease, or transfer.
Section 6. Whoever shay, make, utter or subscribe to any state-
ment and report, or certificate required under the provisions of-th i
Jatt jwyceding . section, knowing 'or having reasoa ,to believe that tenyj j
such ; abatement and. report," or certificate, i false, shair be galty of '
felony atad npon conviction thereof, shall he fined not more than Fiva -Thousand
Dollars or shall b imprisoned in the state penitentiary not
mora than ne year. Any instrument statement and report, r certifl-
(Continued on Page 4.)