Oroville daily Butte record., 1857-07-18

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 sixth day
of Maya. D. 1887. DAVID F. DOUGLAS.
| [sEAt.l Secretary OF State.
CHAPTER CCXLIV.
An Act TO provide for Payi g certain Eaut
able Claims against the State OF Califor.
| nia. AMI to contract n Funded Debt for
| that purpose
The Psorle OF be Sots If CIf0rpi'. r'preSenisd an
| Snrte and Assembly. do enact rs foDors
! SwcrIox For the prrnrse uf liquidaiing. fund
ING. aud paving the claims against the State nf Cali
formin. hereinafter specified. the Treasurer of Stnie
shall to he pref nred suitable bo"ds OF the Stnie
of California. not Ia exceed the sum Of thee Lnns
nine hundred ihorisand dollars, bearing ileres nj
the rate hf seven per clmt per annIn from the GATE
of their issue paynhe NJ the State Treasurers ofc
on the FIR day Of July thous nd eight hundred
md Sc entl seven: the interest nccrun2 on Id
bonds shall be dre and PAYABLE nj The Office Of the
Treasurer of Slate on the fist dav "f January Hnd Of
Juy Of each wear: Pr0ridcd. That The frt p"l mont
ofut"rest shal not he mne hrfure the hr'i day of
In nary. "ne Tho sand eight hu1drei an fifty nine
| Said bonds shnl te signed hy The Governor. and
countersigned by the {. mpirorr. and end'rsrd by
the - cray of State and shall have the seal Of the
Slne aiixe thereto
Sec. 2 Conpons for III, interest shall be htqchod
| to nch bond AZ that q e. NAV be removed Without
injury muiialinn to tn bond. Said coupons. con
secriiscly numbered. shall be signed b! The lreas'
Hrrr Of state
SIC g. 1t shall he the duty Of the Treasurer and
| Comptroller o State each 10 keep separae record
| # MI such h'n's ~ Tay be Issued. sh wing the
number. date and amount nf each hond, und IT,
whom hr srme WINS issued. and upon wtnl chin.
ard III amount: and none of the ai'ns herein spe
ri0'd sh;ll br liqu.dued or paid but III the mahher
| herein provided.
! See. a. The sum of one lhnisrnd don-s l. hereby
n pronriaitd out of amy money IN the Trr%sur not
otlu rwis. aInrupr ied pay the that may
he Incurred bv ne Treasurer in having suid bonds
| prrpare,. but the tompr Her shalt uot draw his
warrant the Treasury for this amount until tht re-
| il money therein IA IN, the Same.
Sec All persons having any uf the claims no inst
The state uf Cnornin. tnten Ia he funded as here
inafrr specified, shall upon the pr.stnih'ion at The
same tu inp rrasurer at The State. receive IN ex'
/ charge therefor n bond ur bonds ot the State ul
Cafurniu pr,,ied for in The fir-t ses II of his
Act: hut no hurd shall Re is.u' Il fer les sum hdn
rye hundred dolinrs ntr f,r fhctiunni paris OF
hui d,ed dollur-. hmt the Treasurer nny ssu' Ger
liiCates ~ such fractional parts NJ" bonded which
id cprtifc shall bc transferable AID 81 lifted ~
| he tended IA lelure pr, vdpd The Treasurer shali
eldoi sr on The hnck of cnch claim rrctived and
hqui ,aipd. the date which hr received t'p snin"
nnI from W ON. and The nun her ' he h"rd issued
in exrhni o. hertf" nld such claim shall DC filed IN
the Office of The Secretary of State.
! Sec D. For he paymeut him twenty years of the
principal AMI interest ot the houds issued under This
Ac,. there shull he ievicG annually. until the bond,
are pail. aud promptly collected III the sam manner
NJ is or mny he provided hy law fnr ordinary State
lars of the assessed value Il real aud personal pro-
pert, IN the state, nnh the fund derived from This
us shall he set apart AMI applied exclusively TO the
payment ot thr Interest ON the houds herein provid
cd nnd the final Iedemp ion OF 'hc principal of said
bonds and Tie fiih of the state of fa'itor IN i
hereby pledged for the palmeni ns herein pr vIded
Of the bonds is,u"d by virtue Of Tins Ac. and The in
treSi thereon and all moneys thai may be rec wed
by the state of California to m the United States
Government acrouni OF the Civil Fund. 80 called
nre hereby irr-,o'aby pledged to the pn. ineDt Of
the princ al and interest on The tends issued under
this Act willul refusal ar neglect by SupervS Sor-
Or any olher officer 10 w or collect the tax imposed
by This Act. shall hr mi-dem"an"r. aud the person
ar persons convicted thereof shall he removed from
office and punished 10y II fine mt exceeding one thur
sund dollars or by imprisonment IN The county jail
not edi"9 Fix months, by bo.h such flno and
imprisonm n
Sec. Whenever, on the first day Of Janua v or
July in any there remains. after the payment at
The interest a hereinafter provid Il. surplus of t"n
thousand doars or ore, hall he the 'iu OF the
Treasurer 10 nW riise for the spnce Of week IT,
tne duly pnper pub ished in English il. ife cry of
New York. nni Tor one lnunlh III one daily ewspa-
pr published in Engi',h at the Stne Capital iur
sealed iroposrls. to h. "p.ne month after the
expiration at such publications by ihe Treasurer. in
PRE- The Govern Ortomp roller ut the State
Capital fer The surrender at bonds is.ns under this
Ac, which advertise me,t shall stat the amornt nf
money he has an haid for the purpose Oi rr'en ptlo
and they shall ncc-pt the loves pr"posas. ~ rates
not exc edlrg pnr value may redeem The gr'.aes
amount Ot bOnds unIii the Hmouu Oi cash on has
for redemption is exhausted: Jrppided, hoWsysr, IN
case n sufir amount 'i such b"nis siai noi be
np I'd, ns aforrsni 10 p1hausi the sinRng frnd tu
less amount than ten ihnu~anh dollars. then is
b. reby made ih- duly oi t"e Treasurer to mivcriss
in two nrwspap.rs. on. In New York aud "ne N h'
Capital of the Siate, for hrer monlhs. which adver-
tisempnir shnl Sia- III" nr ounl III The sinking fund
aud the number at bonds numbering them IN th
order OF their issuance. VIII ch such ti Is set aUari
10 pay and discharge: AMI II sdch bohhs 81 mum
brr IN ,uch ,dyeriser e,ts. shall not be- prestned
for nay mt and carctl llniion within three months
from lhr expiration oi such pu'licnihh then such
f,ud shall remain in he Treasury Ia Discharge such
lbords whpneve, present. d--bu they shnll draw no
lintrrs At after such puhlraion n last nforesHri.
Sec. a The Treasurer oi Sintr shall ke'p till AMI
particular account and recOr'i ot All MS proceedings
uhds, this Act. ami Of the 'nd- re''eeheh ana sur
rendered. md he shall tran init To the 'overlIOr nj
ubstra,-t If nj his pro ceilings uiurr this Act. with
his annnsi rypv,. 10 he iy the i"vrrn"r lfid h-f're
1.-The IesiSiaiurp aud all b"'fs md poIsrS p"rain
ing TO he ,nnlter> provided for in this e >hl ut NIL
lires e open ~ the insprcti'n "i any pa I, Interest
ed or the t.,v or the Attorney Gehern ar 4"
committee ua eiheY branch OF the Leg shtlfe or u
Joint commitee u beth.
Soc O II ,b,,i H., lhe iity az the Treasurer :, nay
ihe int.re-t On sad bpnrs whrn tbe san" US nuN
oit ot spi ittrrss, fund III to AT, u4d .TH iun
be u 4 saticir I. then i0 'a' tn deficiency ont o.
he Genera, fnri proribd ihIt NE tUnpiroi'rr o
Sutp shall tfrst DIR his AaTriut un hr IrraSif r.
payable to the Il >ai Treasurer tar ihr 1ro1'
OF interest mntey abbnI II t'ec lme Ju", which S'id
ninre,l warrant shhn h- ,irawu al least uhe uitolh
previous To- he maturing ~ tE' ncft'i
Sec. TO- u shali br i,, duty ui TIE NuFrrnor anu
Comptroller ~ attend. NJ H. ~ nee ln each moh
at IN, Trensure-'- ME- ~hi " said honds are h"t'e
issued, IT, examine nil c,athis r'cyTa t> t'ir irf
surer aforesaid and c.tis'' the sar 3" Le irsis
tered and canc,iied IN s'lch m1pner u fH praren
them from being re is-,tf- or pr IA, c,rei'ti"h
! Sec. II The foowipg ave- sie'1hd II NJ ciailn"
which e,tiiir 10 he recs.iv'si AMI ini'e una"t
This Act: First Civil isnhs nf tn. S;hi- ISSUED uu
the funding ,ci. pas ed 10 the years lsi,, i~1- -
1885, and 1886. which nov o',is an 'n2 "iih in