Oroville daily Butte record., 1857-06-13
EGAL NOTICES.
tBY AUTHORiTY.l
Vote Oh the state Debt.
OTFICE or SECRETARY OF STATE.
NH Mr. -

S.Att Ol the state 81 talHothld' 40 h'I'"s wv
tiy that the annexed is and correct copy of
the Original Act now ON file in my office.
Witness my hand, and the great seal of State, at
oa CO in Sacramento, California. the twenty.sxth day
of May, A. d. 1857. DAVID f. DOUGLAS,
[sEAL.l Secretary of state
CHAPTER CCXLIE.
An Act TO provide for Paying certain Equit-
able Claims against the State of Califor-
MIA, and TO contract'a Funded Debt for
that purpose
The PcoIie Of me Sfae If Clifornio r'pressated IN
Stn1te and .IsssH,blV. do tuact as toU0ws:
/ SECTION For the purpose of quidatiug, fund
ing aud paying the claims against the state of cali
forua, hereinafter specified. the Treasurer OF state
shalt cause Ia be prepared suitable bonds OF the state
OF California. to exceed the sum OF ihrre millions
nne hundred thousand dollars, bearing interest at
the of per cent per annlm from the untc
OF their ISSUE payable AT The state Trrasnrer- office,
on the fr.t day of July. one thousand eight hundred
aud enty seven: the interest Hccruin2 ON s'id
bonds shall be due and PAYABLE at he office of the
Treasurer of Slate the first day o January ana of
Juiy OF each wear Ir0f,ded 1hHt the fret pay mcnt
Of Interest shah not be made before the first day of
ia unry one thoIsand eight hundred AMI iity nine.
said bonds shall be signed hy the G"v"rnor. and
countcrsign"d 10y the Comptroller md endorsed by
the secretary of STATE and shah have the zeal of the
State afixei thereto
sec , Coupons for thr intercs, shall be n'tachei
to each bond - TINT ttcy may be removed without
secuuvely numbered shall be signed b! the lrcu'-
urrr of state
SEC g. II shall he the duty of the Treasurer and
Comptroltcr OF state each tu keen ,cparate record
If Hll suCt, hunHS as may be ISSUED, IA iWiug the
! number. dHe and amount of each bodd, and u
whom he -ume was issued. and upon what claim,
and it~ amount: and none of the cai'uS herein srr-
cin"d shah be- hqu.dated or paid but in the manner
| herein prnvld,rt
Sec. a. The sum Of one Thousand dnars j. hereby
Il, pr0prined ont of ANY money IN the Treasury not
A.. H.
be incurred by ne Treasurer in having said honds
prepared. hut the Comptroller shall not draw his
warrant ON the Treasury for this amount uni, there
! is money therein 10 pay The same.
Sec. An persons having any OF the claims az inst
The state of Caornia. entitled Ia he funded rs here
naflcr specified. shall upon the presentation "t the
same to me Treasurer al the STATE. receive in eN>
change therefor bond or bonds Of the state oi
California provided tor in The fret session ui this
Act; but no bond shall be- iS.u' for less snm than
i've hundred dollars. nor for fractional paris OF "a
hupdred dollar, but the Treasurer may issue GER
tfcates ui such fractional parts not bonded "hrh
said certificates ht hr ,rar'~feraulc and crl,rd /"
lp funded ~ before provided The Treasurer snail
endorse, ON the hack Of each claim 80 received ana
hquidated. the dat on which he received tie SANE"
and from whom. and The number q the bond ISSUED
IN ex change thereto uid -rch claim shall Uc filed IA
thp office II The Secretary nt >ta'r
SEC u. For the ymeut .thfH twenty years oi the
principal and interest OF the bonds issued un'rr ms
Act. there shall be Icyict annually, unii The bonds
are paid, and promptly collected III HE sam mHuncr
ID
taxes tax ot thirty cents on each one hundred dot
lars of the assessed value Gi real and personal pro
ptrtv the state, and the fund derived from ms
lax shall hr set apart an! appIcd exclusively Ia the
payment ot the urr'- = ON the bonds herein pr"vld
ed. and the Enul redemption OF hc principal "i sad
bonds, aud she Satin ut the Star ut tnliior ~ -
hereby pledged for the iayment rs herein provided
of the bonds --upd hy virtue uf ths Ac'. aud The in
t.tesi thereon and all moneys that may be rec ivcl
hy the state of tahiurala tel the United States
Government on arouni OF the Civll Fund. called.
ia tt.sat To tht4H tAt
the priucipa and lDtcrc~t On thr bonds >surd under
this Act \ wilftl refusal or neglect by supervisors
or ANY olhpr officer Nv! collect the taN imposed
hy this Act shall IN mi,demrnnor. aud tile person
r nrrsor> convicted thereof -hHll be removed from
office ard punished 10y tn" not exceeding one thou
sand dollars, or by imprisonment III IL" county JAN
not exec rdirg six months. or by both such fine and
imprisonm ut.
Scc. : Whenever ON the first dav of Ltnua,y or
In\ n any year, thrrc after the payment of
the Intcrt II hereinafter provided, surplus as ton
thousand dollars or ore, hail he the ia y OF the
Treasurer tO u6Vcrse for me space 81 one week IN
one dnIly paper published in English. t It p city ui
New York nni for one month IN one daily new pa
prr publi he'd in Engl'sh N the rlnte Capita tor
sealed proposals. to b. opened one month after The
expiration OF such publications by The Treasurer, in
s.ncc uf The Govcrnrr or comp rolier at The state
tnuai for the surrender of bonds issued under this
Act winch advertise mcut shall state the amount of
money hr has hand for the purpose ot redeu pt0n.
and they shall nccept the nwes proposals, at rates
nut exc, etng par NhlUe as may redeem HE greatest
of bonds uHlii the hHouh pI ci>Il ON lH''t
for redemption is exhausted; t1hrfdcd. howece. in
case n sufficient amount "i such bonds shall not be
nuard ~ nturrsni To .N haist thc >uis ing fund
las amount th-n ten hou~aid dollars, then l. -
n, rpby nnde hr duty oi tne Ir' Hsurer to- advrr+c
in two pew- papers. one ia New YORK and one M the
Cnritnl of the state. for hrre months, which ndver-
ti.pmen- shall state ih" nm. cunt N The sinking fund
and the number Oi bonds numbering them in TIA,
order of their l-siilncc. VIII ch sucb nd Is set
, to nav and discharge: ana lf shch bonds. - NUM-
ber, in such Vertiscu cnts. shah moi be presented
far DnNmcut and cancellation within three months
frnn, i'm, exDirniun ot such publication. then such
riud shall remain in the Treasury to discharge such
bn,,ds whenPVe' present. d-bul thty Shhll dra" no
interest arer such publication ~ last aforesaid.
Soc z The Treasurer oi state shall keep full and
nny,culnr ac count and record ot ri his proceedings
i,ude, this Act aud uf the bond redeemed aud
, rendered md he shall lran-tnii to the Governor an
,f-,rutt Of AL his pru eeliuG, uuucr this Act. with
hi. nnuup rrport. to hr y the Governor laid before
the Legislature and nll hooks md papers pertain
ing Io he malt provided for in this Nct, shah at all
n - hc opcu The iusp' cliun of any pa tN netest
: aI .,r he Governor. or the Attorney General,
committee nf either branch of the Leg stature, or
ioint committee oi both.
S.c O. II shall be the duty of the Treasurer tn nav
M. iutrres nn .aid houns when the sam. lls due
nt nT .nd Interest fund il sufficient and If sad fund
he not ificert. then to pay the deficiency out O
ne Geupra Fund prorid~i thnt the Cumpiroller o
S,,ta .halI first draw his warrant the Treasur r.
n.v,bIe tn he order of sal Treasurer fur the nmou
al IN resi- uuney about to hec'ine lue. which snid
Interest warrant shall he drawn a least one month
a ur.yinus to he maturing ot The interest.
Sec 10 Il shall be- the duty of the Governor and
y Co,nntr,,ller Ia attend, H. ~ IN eHch mon h
=, ~. Trrn-urer'- flee. while said bonds are being
.strd tn examine all claims r,crivrd rs the Tren.
. surar ~ afuresaid. aud Cause the 1" he regis