Oroville daily Butte record., 1857-06-08
LEGAL NOTICES.
TBY AUTHORITY.l
' Ote on the state Del {.

/ lily tnnt me annexed - true uHu crTfeCt copy VI
the original Act now on nie in my Office.
Witness my hand, and the great sea OF State at
OF ce In Sacramento, California the twenty. sixth dy
OF May, A. D. 1857. David F. DOUGLAS,
| [srALl Secretary Of State.
CHAPTER CCxLIv.
An Act TO provide for Paying certain Equit-
able Claims against the State of Califor.
MIA, and to contract Funded Debt for
that purpose.
The Peopi, Of tAe STATE Of California, represented in
S,nats and .fssembbs 10 enact as fohO1s:
SEcrIoS l. For the purpose Of iiquidaing, fund.
IN z, aud paying the CLAIMS against the Stte of Cali
fornia hereinafter specified the Treasurer OF Sale
shall cause 10 be prepared suitable bonds oi The slate
Of California. not to exceed the sum Ol hrce hifFhohs
nine hundred thousand dollars, bearing interest al
the rate uf seven per cent per annum from the cate
of their ssue payable AT the state Ireasurers tce,
on the fri day of July one thousand eight hur'red
and Sc eny seven: the interest accruin2 on said
bonds shall be due and PAYABLE at the once of the
Treasurer of Slate the first day OF January and of
| July of each wear: Pror'dod Tint the first payment
of interest shall not be made before the first day of
ia u;fry one tho isand eight hundred and fifty nine
Said bonds shah be signed toy the GovernOr. and
countersigned bs the Comptroller, and endorsed by
the Secretary of State and shall have the seal ol the
State afixei thercio
Sec 2 Coupos,s for the interest shall be attached
to each bond Thut they may be removed without
injury or muulnts,n to the bond. said coupons, con
secuIively numbered shal, be signed by the Treas
urer of stale
| Sec. g. 1t shall be the duty OF the Treasurer and
Comptroller oi State each 10 keep n separate record
| Of all such bonds as may be Issued, showing the
number date and amount Of each bond, and Ia
when The same issued and upon whni claim,
and it, amount: and none Of the cIuims herein spe
Gifted shalt be liqaduted or paid but in The mauner
| herein provided.
Sec g. The sum of one thousand dollars il hereby
! appropriated out ~ any money in the Treasury not
otherwise appropriated To pay the expense that may
be incurred by ne Treasurer in having snid bonds
prepared, but the tomplr"ller shall not draw his
warrant the Treasury for this amount nnhl there
| is money therein 10 pay the same.
Sec All perscsrs having any of the claims against
the state of California. entitled To be funded as here
matter specified, stsa upon the presentation af the
same to the Treasurer of the State receive in ex-
] change therefor iond or bonds OF the State OF
California provided fr in the first session oi this
Act but no bond shall be issutd for less sum Than
five hundred dolIars nor for fractional parts of
hu ndred dollars but the Treasurer may issue GER
tihcaies oi such fractional parts not bonded which
said cert6c ties shalt be TRANSFERABLE and entitled 10
be funded hel,STe provided The Treasurer shall
endorse, on the hack OF each claim received and
hquidaed, the date on which he received the same.
| and from whom. and the number ct the bond issued
in exchange therei"~, Md such clnm shall Oe filed III
! the office Of The secretary OF state.
SEC t. For the pay ment within twenty years of the
principal and interest ot the bonds issued under This
Act. there shall he levied annually, until the bonds
are paid. and promptly collected III the sam manner
NJ is or may be provided by law for ordinary State
taxes tax OF thirty ccIts on each one hundred dol
lars of the value oi real and personal pro-
pcrt> N the State. and the fund derived from this
inx shall be set apart ant applied exclusively 10 the
payment of the interest on the bends herein provd
ed. and the Ana redemption OF The principal OF said
bonds aud tac tailh of the Stale of falior IA l.
hereby pledged for the payment IN herein provided
of The bonds issued 10y virtue of tins Act, aud the ill.,
tcre~t thereon and all moneys THAI may be received
by the Stale OF California from the United States
Government on account OF the Civll Fund. 50 called
h.arp a. trraNn,.nhlN nlpuptd a The q
the principal and interest on the bonds issued under
this Act A wlu refusal or neglect by supervisors
or any oher officer to levy or collect the tax imposed
by this Act. shall be misdemeanor, and the person
or persons convicted thereof shall be removed from
Office and punished 10y fine not exceeding ethou-
sand dollars, or by imprisonment IN the county Jail
not exceeding six months, or 10y BON such hnc ana
mprsonni' ut.
Sect Whenever on the first dav Of I9 n,mry
July in any year, there remains, after the payment of
the interest hereinafter provided. surplus OF ten
thousand dollars or ore, shall he the in! oi the
Treasurer Ia advertise for the space OF one week IN
one da,iv paper published in En9lish, la the city "f
New York. and tor one month IN one duly newspa-
p,r published in Engiish nj the ~lRo CnPal. Tor
/ scaled propusalS. 10 br opened one month after IN"
expiration OF such publications by the Treasurer in
rr, srncc uf the Guvernnr or comp roller. nj the state
CaulnI for the surrender ct bonds issued under ihs
Act winch advertisement shall state the amount of
money he has on hand for the purpose OF redemption.
and hry shall pt the lowcs proposals, nj rates
not exceeding par value IA may redeem be greatest
nmouu of bonds uHlil the Hmoun oi cash un ha"d /
for redemption is exhausted: Iro1dcd, 'iorerer' ~
c,s,, - s,i III .,et amount al such BOMBS shaft not he
n,rr,d as atnTe4,nid, to exhaust the sinking thnd to
less amount tuan ten thousand dollars, Then u Is
hrrrbI made isir duty oi tnc treasurer Ia ndVtrlS"
in tyn uoy- p;tJ,ers. one in New YORK and one AT the
toniioI uf ihr state. for :hreo months whch adver>
ti.euppt. shall state the an Oun IN the slhEhg iunh
and the number of bonds numbering 'heh III thc !
order of their VIII ch Such luHd II SCI apart
Ia nav and discharges ana If Sdch bonds 50 num- /
b.rrd in -uch adecrscu cnS. shall not be presented
/ Car u,,,pptt and cancellation within three months 4
ron The expiration ui such pulIchlnn' 'iieh shch
r,ud shall roman IN he Treasury 10 discharge such
bonds Whcuryt' prcscntrd-bul the! S'hi ara" no
int.r.st ,fr,r such publication ~ last aforesaid.
sec = The Treasurer 90 state shall Keep inll ana
particular account and record o ai' ms prcer9ihIs
Ind.r This Act and ut the h"hd- rtUteHle" h'u sur
rendered md ht shall irau-m TO the Governor mn /
uhsirn,t of al his PRO eedngs unuer This Act win /
his annual report to be 10y the Governor id before
the Legislature; and all books ana papers per'hn'
ing to ihe mur- provided tor IN this Ncl' man ~ ai'
II - hrsppn the usp ci"h oi Hi'y pa y '"''ft>i
rI or IN GOV. riur. or the Attorney 6rnerai or
committee uf either ranch of the leg stature or
JOINT committee ot b"'h'
See g. Il shall he the duty of the treasurer l" pay
he iulrr~t uu said bonns when the same liz due.
uni n said interest flnd il sui len nud # SAID fund
be not sufficient. then 10 pay the deficiency out OF
the Geurrn Fund prgridd that the Comptroller oi
State shalt first draw his warrant ON lhe lreaSur'r
payable tu the ordtro sail Treasurer The hnonl
of interest mth,1 about to become due, Nhich sald
interest warrant shall be drawn al least one h'oh'h
prrVinns To The maturing of the Interest.
Sec. 10 1t shall bc The duty OF the Governor ana
Comptroller tp attend, at e a once IN each moi'ih
at the Treasurers office, while snid bonds are neiLg
issued, tn examine all claims received by the Trea
surer as aforesaid aud cause the same I" be regis
tered and cancelled IN such manner as 10 prevent
them from being ressued or pn' la crculailoh'
SEC. III The following are specineu as the claihs
which are entitled 10 be received and funded under
this Aei: First Civil bonds Of the State issued under