The Nevada journal. [volume] (Nevada City, Calif.) 1851-18??, 1857-07-17
Legal Advertisements.
Published by Authority.
q M ACT


Senate and assembly, do t0lI0cs:
SECTION l. For the purpose of lquidating funding
and paving the claims against the State of California
hereinafter specified the Treasurer of State shall cause
prepared suitable bonds Of the State Of California
exceed the OF three millions nine hundred
thousand dollars, bearing interest at the rate of seven
per per from the dae of their issue. payable
at the State ITeGsurcrs office, the first day Of july
thousand eight hundred and seventy seven the in
erest acerung said bonds shall be due and payable
at the office Of the Treasurer of state the first day of
January and Of July each year: Pr0Uided That the
first payment Of interest shall not be made before TIE
first tay of January, one thousand eight hundred and
ftv- nine Said bonds shall be signed by the Governor
and eountersigned by the Controller and endorsed by
the Treasurer Of State and shall have the seal of the
Sec Coupons for the interest shall be attached to
each bond that they may be removed without injury
mutiation 10 the bond Said coupons consecutivcly
numbered, shall be signed by the Treasurer of state
Sec. 3. 1t shall be the duty Of the Treasurer and
Controller Of Safe each keep separate record of
all such bonds a. may be issued showing the number
date and of each bond. and whom the same
issued. and upon what claim, and its amount; and
of the claims herein specified shall be qudated or
paid but in the manner herein provided.
See +. The Of one Thousand! dollars is hereby ap-
propiaed ont Of any money in the Treasury other
wise Appropriated TO pay the expense that may be in
cured Ky the Treasurer IN having aid bupis prepared
but the Controller shau draw his warrant on the
Treasury for this amount until there is money therein
pay the
See ) All persons having any Of the claims against
the of California entitled be funded hereinaf
ter specified shall upon the presentation Of fhe same to
the Treas of State receive in exchange therefor
bond bonds OF the State of California provided in
the first section OF this Act but no bond shall be issued
for less than five hundred dollars, fraction
al parts of hundred dollars but Treasurer may IS
certificates of such fractional parts not bonded,
which said certificates shall be transferable and entitled
to be funded before provided The Treasurer shall
endorse Of each claim received and lqui-
dated, the date which he received the same. and
from whom and the number of the bond issued in
chance therefor and sch claim shall he fIad in the of
fec Of the Secretary Of STATE
sec g. For the payment within twenty years Of the
principal and interest Of the bonds issued under this Act
there shall be levied annually until the bonds paid
and promptly collected in the same manner as is ormay
provided by law for ordinary State taxes tax Of
thirty each hundred dollars of the
value OF real ana personal property IN the State, and
the fund de ivod from this shall be apart and a
piled exclusively to the payment Of the interest the
bonds herein provided and the final redemption of the
principal Of said bonds, and the faith Of the State of Cal
ifGrna hereby pledged for the pavmcut herein pro
vided of the bonds issued by virtue of this Act and the
interest thereon. and all moneys that received
by the of California from the United Gov
Of the Civil Fund.- called are here
by rrcvocaby pledged to the payment Of te principal
and interest on the bonds ISSUED under tins Act will
ll refusal neglect by Supervisors any other officer
to levy collect the taxes imposed 10y this Act shall be
a nisiemeanor and the person OF persons convicted
thereof shall be removed from Office and punished bv
fine not exceeding thousand dollars by imprson-
in the county Jail not exceeding six months by
both such fine and Imprisonment.
Sec. :. Whenever the first day of January July
in any year there remains after payment Of the iii
forest rs hereinb provided surplus of ten thous-
and dollars more it shall be the duty the Urea ,urer
ADVERTISED for the space Of one week, in daily news
paper published in English, in the city of New York
and for month in daily newspaper published in
English the Capital for sealed proposals be
opened month after the expiration of such puhlica-
uo13 by the Treasurer IN presence OF the Governor
Controller. the State Capital for the surrender of
bonds issued under THE Act which advertisement shall
state the amount Of money he has on hand for the pur
pose of redemption aud they shall accept the lowest pro
posas exceeding par value, may redeem
the greatest amount of bonds until the amount of cash
hand for redemption is exhausted; gr0rded h0gcre in
sufficient of such bonds shall be offer
ed as aforesaid to exhaust the sinking fond to a less
and II
made the duty of the Treasurer to advertise in two
newspapers, one in New York and one at the apita
this state. for three months which advertisement shal
state the amount in the sinking fund and The number Of
bonds numbering them in the q of their issuance
which such fund is apart pay and discharge, and
such bonds $" numbered IN snch advertisements, shall
be presented for payment and cancellation within
three months from the expiration Of such publication
then suctuHd shall remain III me treasury to discharge
such bonds whenever presented but they shall draw
interest after such publication As last aforesaid
Sec :. The Treasurer Of State shall keep full and
particular and record of all his proceedings IN
der this Act and Of the bonds redeemed and surrender
ell and lie shall transmit 10 the Governor an abstract of
all his proceedings under this with his annual re-
port be by the Governor laid before the Legislatures
and all books and papers pertaining to the matters pro
vided in ti. Act shall at I'LL times be open to the in
pecon of any party interested, the Governor the
Attorney General committee OF either branch of
Legislature. joint committee of both
See 9. 1t shall be the duty of the Treasurer to paw
the interest said bonds when the falls due
of said interest fund if sufficient and if said fund be
sufficient then to paw deficiency of the General
"A, tla -rrca-,,- ~ ,,,,,If,
TO- IS ali 1o,,,rrr Cor ,l,a ar,onnt If ir,orest 49,,
at,,t 70 b,s1n,,. IN, which aid utorGst ,arrant i,a
he drawn a least one month previous TO the naturin
Of th. Interest
SEQ no II shall he the ,Irty of tho Governor am, Con,
troller to attend at least once in each month nj the
IRE urer ofice while said bonds are bpfn issued IN
examine MI claims received by the Treasurer As f,re
said and au.e the same 10 be registered and cancelled
in sch manner as TO prevent them from being reiss1ed
or mt in circulation
Sec H. The following are specified as the claims
which are entitled TO be received and funded under tbis
Act First Civil bond; of the State issued under tho
flnIio.r Acts passed in the years ISL 1852 ls53 ls5
aud $50 which n . now OUTSTANDING with interest duo
on the same when presented as appears bv the coupons
second Controllers warrants drawn under sanction OF
fa,,. f,Y .i,l ,v.,sa ,r,r m Tauuarr frst n 49,
and now outstanding and unpaid hat the provisions Of
mis- Act shall not autborizr the nn.n Of any of tbo
warrants tho registration and endorsement of which
were, cancelled or reqired to be cancelled bv the pro
visions of An Act 10 cancel the regi- ration and in.
nrscr,at Of certain ,arra MS and rohiitln. tho nay
r,Cn of tho sa1no - anuro-ei January 30ih 4 ID iS5f
r iirf l9,o boon snecitiealI, aIindyei ,IIa
i bv an CONF and all said ARA ts ecitieI in tho
Last ,ontiorad Nc are hereby EXPRESSLY excluded from
aIl the hana6ts and rvisions of this Act Third Tust
or il I; en-. +b Sat =, j i 10 f Dro'
nv Isl IAN and which may, he allowed and apted nv,
ict If tt 60 ,t,tr, ss1 If H.. 1,rcasrrar ~ Stat
hail 1viilf -, l,l No., claims not hgr.i,, go
fol a. racsit,f,o = 81. iIa,cJ a ,,isIsT,oo, -
no sla no ,,,r,b 81 a. r;,iod ~, ,n,ir 8 - ~ a..
and mol, hi,,,l Ill H. ii-aii 49, " ~ u ' -'N''
8 10 tn -; &c -.