Oroville daily Butte record., 1857-06-10
LEGAL NOTICES.
-
TiSf AUTHORITN.]
, ore Onthe state Debt.
0rrlcE OF SECRETARY or sTATk:

y q sale ui tnt Sthtt 81 Nhil'' ''' ~ '''~'
ii, that the annexed is true and correct cop! oil
the original Act now on file in my Office
Witness my hand and the great seal of state at
OF ce in Sacramento, California. the twenty'sNth day
Of May, A. D.. 1857. DAVID F. DOUGLAS,
IsrAL1 Secretary Of state
CHAPTER CCXLIV.
An Act to provide for Paying certain Equtt-
able Claims against the State of Calitor-
MIA, and 10 contract Funded DeJt for
that purpose
The Peoy Of me Sfae o California, represented 81
Sntte and .7sSeniIg do eHGot as tolA0@S
SECTION |. For the purpose of liquidatinc. fund
ing aud paving the ca,Bs against the stale uf Gait
fornn. hereinafter specified. the Treasurer OF SAFE
shall cause oc prepared suitable bonds oi the STATE
Of CALIFORNIA not to exceed the sum of three Ia ~n-
nine hundred thousand dollars, hea.tng interest At
the rate of seven per cent per annun from the GATE
Of their issue, payable at 'o state Treasnrers "iRce
on the hr.t day of July. one thousand el[ht humTed
and Sc enty seven the interest HcCruln2 On saln
bonds shah be due and PAYABLE at the once oi tir
1rcasurer G State the trss1!ay ot January AMI ot
Jolly of each PrOr'ded That the first pay Seht
of interest shall be made before the first day oi
la uorv one thousand sight h;ndretl and fifty n ne.
said bopfs shah he signed lay IN" Governor. and
countersiSned by tEe Comptroller. and endorsed by
The Secretary Of state aud sH have the zeal ol The
State affEe I thereto.
Sec 2 Coupon for the nierestsaall be a'tsshed
! to each bond So ahat they may be removed " shout
injury or muulatio to the bond. SAID coupons. con
secuvely numbered. shall be signed 10y the ireas'
urer of state
Sec g. 1t shan ~ the duty of the Treasurer aud
Comptroller oi State each to keep separate record
! # All such bOIas may be issued, showing ne
number date and amount of each bond, hnd to
whom The snme vas issued and upon what claim,
and It's amount and none Of the ciai'nS hereSn spe-
c.h~d shalt be lquida,ed or Issd but in the manner
herein provided.
sec a. The SUN e one thousand dollars i-'nereby
an appropriated out " any money in the Treasury not
otherwise apnropnhted io pay the expense that may
Poe incurred by be Treasurer IN having sHJ bonds
sprepared. but the Comptroller shall not draw his
warrnni on me Treasury for this amount Entll there
is money tf.rtSn 20 pay the same.
Sec 5 AShprrsuns having any of the clnITls ag inst
the state California entitled Ia he funded as here
inarter specified shalt upon the presentation et The
same to the reasurer al the STATE, receive III eN>
change therefor bo,pi or bonds of me state oi
California provided to7 in the first session OF thts
Act; but no bond shall he issue for less sum hiH
hVe hundred dollars. nor for fractional paris OF
hu ndrel dollars, but the Treasurer may issue c,T'
tihcaies ct such raconnl parts Ht bonded "lhch
said certitc ties shall be Transferable and ertted "a
he funded a. before provided The rrcas lrer snall
endorse, On the hack of each claim so received AMI
hauidaled the date on winch he received t'e sam"
and from whom and The number c the bond ISSUED
IN exchange therpfn AID such claim shall uc hled IN
the Office af the secretary of >late.
Src g. For The paN meut ithiu twenty years of the
principal and interest OF the bonds Issue u yer ms
Act. there shall be ievcc annunlly, unlll lb' bonds
are paid ard promptly collected IN the s"m manner
as il or mpy be provided ny la" for "rdthar! state
taxes y tax of thirty cents on each one hundred dol
lars of the a>stsssd value 81 real ana personal pro-
perty IN the S,utr, and the fund derived from his
tax shall be apart AMI applied exclusively Ia ne
payment or thr iuteres; the bonds hrrcn proNld.
ed aud he final rcde@pIion OF |hC principal Il sad
bonds and the faith of the state ot tnllior IN -
hereby pledged for the my mcHi rs herein IrNutr
of the bonds issued 10y virtue q" ls Ac', aud ihc II"
trrest thereon and all moneys that may be rec lf'i
bv the state Of tAhturhn tom the United states
Government on account ol the civil Fund. 80 cal"d
are hereby rr,No ably pledged 10 the payment OF
the PRINCIPAL and interest on the bonds issued Under
this Act 4 witul refusal or neglect by supervisors
or any olher oi-er 10 hwy or collect the tax imposed
bv This Act. shall he mi-deneanor, and the person
cr persons convicted thereof shall Je removed from
Office and punished 10y fine not e.crcdin@ on" thou
sand dollars, or hy imprisonment in thc county al
not exc edng sis. months b.s both such ine and
imprisonm nj.
sec.7 Whenever. on the nw day of Jtnuary or
Jul Ia any year there remains Ffter the payment "i
th~ autrreS a. hereinafter proVinrd surplus" ~ ten
t,,,us.d dollars or ore, hal be The tuNY ot tie
Treasurer to advertise for the space OF one week ~
one daly paper published in English, In lhe cry +"
Now York ana tor one month in one daily newSpa-
mr. nuh .hcd i'm Engiish nj the state Capital, for
sealed proposais. to be- opened one month amer me
expraon OF such publications. by the Treasurer, IN
rrrsrpcc of the Governor or comp roller at HE state
Nanilal for the srruder of bonds ls-t"d under lh-
/ Act which advertisement shall state the amount OF
money he has Sahd for the purpose OF reicrpu"h'
and ,hcy shall accept the loves prp"sh's' III rh"s
a,9ouul of honl< ANIL the ngoun OF cash ON hu"d
Cnr rrdrmutitni - exhausted; frrs.ed. h9rcre1. IN
c,sc sufficient amount nl such bonds shai h"l De
t1rrd as utoree to eXhausi the sinking nd |" =
hess amount than ten Thousand donhrS, men ~ -
hereby made the duty ol the Treasurer to Hlve.ilsr
IN Two new.pnpc-. one in EeNy York and one NJ the
Cnrtal of the Sastc, for hree months when never
i-r;uents shall stnt the Amount IN the slhkhgFunl
ana thp number of bonds nurg5erng them an ThC
order of their issuance, which euch fund Is set npnrt
to pay and dischSige ana II S"cn pouus' 70 ,''''i
hpr.d i'm such advertiser cnts. fsat not ne presented
f,r n,gmppt and cancellation within three months
FROM tar expirnson o such pnnhcaloh' 'heh Shcn
ruudehal rcmaR in the Treasury to ulschi'ree such
I h,r,is whenever pre<entcd-but they shall draw no
interest after such publication n last aforesaid
Sp- q The Treasurer ~ State shall Keep iull ana
nrticuur account and record OF all his proceedings
unSer this Act. and of the bonds redeemed G"d sur
r., r,ndertd md he shall transmit to the hoNtrhor an
aksrnct uf all his pro ceilings uhuer this ACT WIN
~. annual rrpo~t to be hy The Governor laid before
fh. Iey.slatre and all hooks and papers pertain
ing The matter provided for IN lh's Act shali ht al
ii es bv open To the inspection o any pa " interest
eel ar 'he Governor. the Attorney General, ar Il
committee ot eilhtr hranch oi tue heS slalWe' VI
ieint committee ot both.
>,c O. II shall be the duty nf the Treasurer tn pay
he iuirre-l On said bonns when the same Ia due
ont ot said ieresi fund it s lent aud If sad tdnt
be not sufficient. then To pay the deficiency out o
thu. Gcupral Fsad pr0rdtd that the Comptroller o.
S,,ta shall frsi draw his warrant on the Treasur,
psvnb to the order of sai1 Treasurer for the
OF interest money about To hecone lue. which said
interest warrant shall be drawn at least one month
frtxious to tae maturing of the lnterest.
Sec. 10 II shall be the duty of the Governor and
Com ntroher to attend nj H. tSt once In each month
Al th. Trrasurer's Office while said bOhts being
issued. to examine AL caitas received ~ khe Trea
Surer rs aforesaid. aud cause She same I" ie regis
tered and cancelled IN sGc& NlaDner Co .ereyen
Ihem from being re-i>-ued or Ss'.in circulation.
See II The following specified the claims