Oroville daily Butte record. [volume] (Oroville, Butte County, Calif.) 1856-1858, 1857-06-01

set: hut no bond shall be is>u,d for less sum than
Eve hundred dollars nor for fractional paris oi u
hnrdred dollars, hut the Treasurer may issue GER
tihcnies such fractional parts not bonded, when
said certificates shall he Transferable and entitled "a
be funded before provided The Irea> Urer shail
endorse, on the hack Of each Claim - received ana
lItuidaied the date which he received TIE same
aud from whom and The number e The bond issued
mex change thcref"-. AID such claim shall De hed IN
the office " the secretary of state.
Sec T.. For he payment " THIN twenty years az the
nrincpal and interest of the bonds issued under ms
Act. there shall be levied aHuuAy, until the bonds
paid. aud promptly collected IN the sam manner
NJ l. or may be- provided by law for ordinary state
taxes tax of thirty cents on ench one hundred dol
lars OF the Assessed value OF real ana personal pro-
pertv in the ~rnte, and the fund derived from this
tax shall be set apart AMI applied exclusively 10 The
payment of the interest on The bonds herein pruVd
ed aud the final redemption Of he principal of said
bonds and The Gath 0r the state of 'aHtor ~ Il
hereby pledged fer the payment - herein provided
Of the bonds issued by virtue of this Act, and the in
tor,.~i thereon and al moneys that may be rec ivel
hv the Snte,oi CAitOrnin rom the Tinted STATES
Government on account OF The civil Fund. 81 call"i
are hcrchv er."'aliy pledged t0 III" payment oi
the principal and interest on the bonds l->td under
this Act Wilful refusal or neglect hY ~uprrvi sur-
or an, oh her ofcsr to lty} collect the tax imposed
by This Act. shalt be- mi-demranor, md the person
or PERSONS convicted thereof shall hr removed from
office and punished hy fine not exceed ug on" thou
sand dollars. or nv imprisonment in ihe county l1l
not exceeding six months. or by bolh such fine and
mpr>cnm nj
Ser. " hent YER ON Inc Uf~l t'NN tl ~ illi'N or
July in any year, there remains, after The payment Of
the interest hereinafter PROVIDED Surplus ~ Ten
u-iud dollars or ore Z shall he the du'N 0i the
Treasurer ~ advertise for the space uf one week in
one day paper published in Ereli-h, l., tire city NJ
New NOrk. AMI for one month IN one daily neW-ra-
Der published in English at the state Capital for
spnrd proposals ~ y" opened one mouth after the
expiration OF such publications hy the Treasurer. in
rr, If the oNern'r or Comp roller. ~ the state
Cana for the surrender OF bonds issued under this
Act. winch advertisement shall sini" the amount ot
u oncN he has on hahd for the purpose OF redemption,
and they shall accept the loves prnnOsH's. az rates
not exceeding par value may redeem Tie greatest
amount a bonl- until the amour OF cash ON baud
for red, mrtion il tXhaus'cd Ir'r'ded. harr'cr. IN
case u sufficient amount ~ such bonds shall not be-
offered a aroresri to exhaust the sinking fund To
less amount than ten thousand dollars. then il j.
hereby made the duty OF t"c Treasurer to advertise
in two news papers. IN New York and ~ thr
Capila NJ the state. Tor 'hrt months. which tdvrr-
tisementS shall STATE the cunt in the sinking fund
and the number Of bonds numbering them in ia"
order Ol their issuance VIII Ch such fund = ec' mart
10 pay and discharge; AMI If zach bonds. - num-
bprrd in such advertiser eut~ sh" not b" presented
for paNus.nr and cancellation within tnrrr mOulhS
from the expiration ot such publication. then such
fund shall remain in the Treasury to d-rhar." such
bonds whenever prcscni"d-hut they s'nII draw no
interest after such publication H. last aforesaid.
SEC. : The Treasurer 81 STAT" shall keep fun and
particular account and record of Ill his proceedings
under this Act. and of the hunhs redeemed aud sur
rendered, md lie shall transmit to the Governor n
abstract of all his PROCEEDINGS urupr this Nct. with
hi, annual report, a. be by the Governor ad before
the Leg stature and nh Rocks and papers p"rtain
ing oihc tnattrr~ provided Tor in this Act shan ut MI
Ir~ be- open to he Inspection of anJ pa ~ interest
/ cd. or The Governor ar the ATTORNEY Gencrnl or Il
committee of either tranch Of the Leg stature, ora
Joint committee OF bOt.
Sc Q Il shall be the duty of the Treasurer tn nay
he interest ON .nid bopn- when the sam" tails due.
out OF said interest fInd II g nclrn and II sad tiud
be NOT sufficient. then 10 pay the deficiency out ~
the General Fund Iroridd tAat the Comurolcr of
STATE hall first draw his warrant ON The Treasure.
payable Ia the order of sa Treasurer for 'hc umog't
OF interest money about to become due. which said
. interest warrant shall Toe drawn ~ least one month
/ previous tu iht maturing of the inirres'.
! See 10. It shall be HE duty OF III" Govrrnor and
Comptroller to attend, al H. I on" IN each mon h.
Al the Trelslrer- office. while sand bonds beng
~~ued, 10 examine ail claims received by the rrea-
surrr aforesaid. aud cause the same {" ie rr@is
tered and cancelled in such manner n "a prevent
them from being rc-issicd or pr VA crculaIion
See. II The following are specified NJ the claims
which are entitled Ia be received and funded under
This Ac First, civil bonds Of he state issued under
the findng Acts passed in the years ISL i-52 1853
1853 and 1856. which nov Outsan ling. iih in
tercst due op ne sam" when pres 'nted. as appears
by the coupons second. Cumptrollrr'- warrants
drawn under the sanction Of law. TOR civil expenses
PRIOR to January Isl \. IA le57, aud now outstanding
AN unpaid, ba1 the provisions of tins Act shall not
authorize the funding ot any af those warrants the
gi-lralion and endorsement OF which were cancelled
10y the provisions OF AN Act 10 cancel The regs'r-
and endorsement of certfin warrants and prohibit
ing he pay iue1 Ot the same" approved January 20
y. u l-iG. warrants which have been specifically
adlntgcd illegal lay any Court. and II said wnrrans
specified III lhe lI>I mentioned Act are hereby CX.
pre>iy excluded from al the benefits aud pr visions
of this Acf. Third JUS or legal claims against the
Sta'e ccruel prior 10 january lat -i1 and which
may be nlinWc and aud ed lay Act OF Tie Legislature.
Aud If the Treasurer Of state shall wi!fuily issue
bonds upon claims not herein Gifted as receivable
II shall be deemed Il mi-dcmeGnor. and shall oe pun
ishcd n 1ruviicd in section chs Act, and such
bond stall hc void
see. l.. The culins specified in this Ar, may he
ceiVrd for funding aud bonds therefor may he issued
wa'ds ana all claims not presented Tor funding pri-
10 that time, excluded tiOm the provisions OF
this Act. and such blank bonds pr pared unGer the
provisions of this Act, - shah then main hama.
shall be Ce>trole. in The pae,cnce Of the Governor,
comp roller and Treasurer.
Sec 49, his Act shall take effect the first day of
November. a. d. 1885,. ~ in AL ~ provisions except
those relating to, and necessary Tor lis SUBMISSION Ia
the peUpc. and for returning. canVasSins and pro
claiming tie Notes-whIch shall take effect immedi-
ujey.
sec II THIS net shall be submitted tothe people Of
the State for their ratification. at the neat grl err
election, t. be holden I'll the frat rdne>d " u' Sep
teinher, A. b. l-57 aud the qualIlied eccor. 4 his.
State halt ~ id election on ther ballots tor tate
officers. Tor or against thi ~. those voip Tor
the stine shall write or have printed their b. liuts,
the urds "Puy the Deb':" and thO~r voting aIiinst
The same shall have printed on thelT ballots
the words "liepu iiate the lebr ~
sec. Is. ] he votes cast for and against This Act,
slal hc counted. returned and cnnNasscd. aud de-
clgrrd "a the same manner and -Nhrc IL thr same
rulea- votes east the Treasurer oi State. aud IT 1t
anpur that a majority OF all The votes cast iOr 0r
against this law aforesaid. or IA favor OF ms Act
ihriLIhr same shall have cfiC ~ htrriHbeio . pro
viI,d and shall bt irrepcnahl+ uht the Interest Of
The liabilities herein created shhu be- paid anI dis
charged and -. tovrrncr shall make rrocuinnion
thereof; bpI a majority of the vote - cat are
against this Ac', then me 81 me @'A! "tcu'ht 'oh