Oroville daily Butte record., 1857-06-30


oG ce in Sacramento, California. the twenty.siMh day
Of May, A. b. 1851. DAVID +. DOUGLAS.
/ [sxAL.l Secretary Of State.
CHAPTER CCXLTV.
An Act TO provide for Paying certain Equit
able Claims against the State Of CalifOr-
! MIA, and to contract Funded Debt for
! that purpose.
79e P,ope of the state Of California; represented an
! S,nIte and .7ssrmlly do enact as toHons:
/ SrcrIox For the purpose Of liqudating, fund
ip g and paving the claims against the state of Cali
foria, hereinafter specified the Treasurer of state
-hall cause be prepared suitable bonds OF the state
OF Caliiornia not to exceed the sum Of three millions
nine hundred thousand dollars, bearing interest at
The rate of per cent per annln from the GATE
Of their issue, payable al the Stnio reasurers uce
on the fret day Of Julv thousand eight hundred
! and se'enty the interest nccruin2 on said
bonds shall be due and PAYABLE al The office of the
Treasurer of State on tue first day OF january ana oi
July OF each year: Proridtd That the trst payment
of interest shall not be- made before the first day oi
Ja uary, one thousand light hundred AMI fifty nine
/ said bonds shall be signed Toy the Governor, and
! counersjgnrd by the Comptroller and cndor-ed by
the Secretary o state, and shall have lhe seal O The
/ State alike thereto
! Sec . coupons for The interest shall be attached
! to each bond 80 that hey may hc removed without
injury or mutilton to the bond. Saii coupons, con-
~ecutivey numbered. shall be signed by the Treas
urer ot state
Sc. 3. It shan be the duty Of the Treasurer and
! Comptroller Of state each 10 keep scpAraie record
| If ul such bonds js may be issued, showing tae
! number. date ana amount of each hnnd, ard 20
I whom he same Was issued. aud upon What Clain,
and IL amount: ana none Of the cairns herein spe-
Gifted shah be hgudated or paid but in The manner
/ herein provided
sec !. The sum If one thousand do,'ars i. hereby
appropriated out OF any money in the Treasury not
otherwise appropriated 10 rGy the expense that may
be incurred by Treasurer in ha> iu., said bonds
/ prepared, but The Comptroller slal, not draw his
warrant ON The Treasury Tor this amount Cu.I there
! il money therein 20 Iny The same.
Sec 5 an persons having any Of the claims gust
The Stale o California entitled 10 bc funded IL hCre-
na0er specified, shall, upon Tie presentation ei the
sane to me Treasurer OF thr Sate. receive in cN~
change therefor a bond or bonds of Ule sat" of
California provided for in he ir-t session ot iis
Act; but no bond shall be ..u,d for less SUN lnan
five hundred dollars, nor Cor fractional P0rls OF
+ hundred dollars, Int tie Treasurer may issue GER
tHcacs ~ such fractional paris Lot boulct. WAIgh
said CcT.Ifc lcS hH be tram r1'Ir ard tEulcd ln
/ be funded as before provided The Irc:-crcr shall
endorse, ON thr Lack Of each c'am 50 received ana
hQuitatcl, the datt ou watch hc received ~" siul".
an1 lroin whom. aad he number q the t"pH l.>n,d
IN * 'ha! g. therein" and such claim shall bc aHd IA
, the Office ltIh" S,cr.lary ut state.
SEC &. For The pay meut within twenty yerrs nf the
principal: and nlrrt-t Of the bonds ISSUED VA nr his
Act, thor shall be levied annually, uulj jhe bonds
/ are paid. and promptly collected nlLe sum manner
is or may be provided ty law for ordinary state
taxes. lax Of thirty cents on each one hu ired doll
lars Of the u~scsspd value Of real and personal pro
pertv IN tie STATE. and tle fund derived from this
lax sha!' he set apart AMI applied exclusively TO M
payment oi tEe Interest ON the bonds her'Hn proud
ed, aud the GnGl redemption Of 'he principal ut SAID
bonds and HE fsilh Of thc state OF CaI!lur n IA
hereby pledged for thc payment 81. hrrciA lr'flIrd
of the houaS issued 10y yrGc # Ills hcf. and the IN
ttre-t thereon ard al money thai L!a' be clNrd
bv the Sfa;c OF California t.Cn the United states
Government on account 81 the Civil Fund. 80 called,
are hereby irrcyo'aly plcdGcd TO tine payment oi
the principal and interest ou the bond" issuHd under
his Act \ witul refusal or neglaCi hy Supervisors
l tFfl q law
by this Act shall be u mi~demFdnur and the person
or pcrsons convicted thereof shal be removed from
Office and punished 10y lnr not exceeding one hou-
sand dollars. or ~ Impeachment IN ihe county lhl
I not exceeding six MOAtAs, OF by hoh such iEc ana
imprsonm ~.
scc.7 Whenever on thc first day Of Jcnuary or
July IN any there remains, after tn" payment ni
the inter. Il n hereinafter provided. Surplus ct ten
thousand dollars or ore. shalt he the duy OF the
Treasurer To advertise for the space Of one week III
one daily paper pub ifncd IN Ereii>h, IL IT." cry Of
New York. and tor one month ~ one daily ne" pa
per publi-hcd in Epgn,h ~ the ~Hte Capital. for
sealed pfogosnis to b. op' ned one mon n alter he
expiration OF such publications. Is w." Treasurer, in
lr, srncc f he Govern orComp roller. ut The state
Capital for the surrender Of bonds issued under tins
Ari. winch advertisement SlAl stpl" tn" H'uuuHt OF
uoLcy be has hgj,d for the pnrrose ~ redc"p'ou,
and hey shah accept the iowc~ prlrosal', ~ rates
moi exc. eitug par value maN redeem ~" r-gicel
amount Il hcn = until The aWpuh OF ca.h ga hand
fer rr,!tmI ton is exhausted; IT r,},t b.. rry, IN
c,~" 20 >u i..pnt uluoun at such buut- sh. nor bt
tcTCt, I-Jt"SHt !, To c&N2!s lle SlltkttI NQ -
less anuuit th5n ten i'Fi--Ni b''.i~. ihtA n -
hereby made the duty oi the Treasurer To- advertise
in TWO N-pHpcrs, one ia New lpfh and uic it 'hn
tHpIial Of he state, tr hrvt WUuhs winch sty'r-
ti-emt nts SIAN ~iat the an oHu; M thc sinking fund
aud tie number OF bonds nGmbpriug tAem in th,
order Of their issuance. VII ch such rHd Is set apuri
to raw and discharge; ana Il sich bnnds - MN
bcr,d in such adyers, crt. shall NOT bo presented
for pa>mpu und cancel Iiuuu within three months
from, jhr expiration OF such pr"Hca.i'n, thea "Ech
fdud.shal l,mun in he Irraeury to discharge such
bon DIS wheucvc, presrn;,d--bht they sasil draw no
intcr,s, AZ, srch puhhca'ion a. last aforesaid.
! SEC. = The Goasu~tro ol state ehaii keep full and
rarllc ir account aHd record o All lis proceedings
undo, this fci. 3!ni tf the uuud> rtrUrcH and sur
|nss',.ct ,r ~ hls proceedings uroer hi, Act, wth
ii..it f ...'. p" hvtho Guvrr'rr lstt p .fl.:
,., .. ....,....,-. tu~}n ,h'. 'cj -h.ll a.. all
.a..,.t f......-. ''. SO ti, pa J., Hta.n-t-
.t ~ Is. ..,. tt.H .f 'rr Af'er rv General. lr q
c.g.rrit... u. ... rah 70 of the Leg stature, ora
3,..., toep.l.t.... ...t
81, = 4 81. t.... ..v rt a. Ioes"rrrt,.aY
f .f...- .i ...' t..... q "n l.ir s,in. lls due
..t .f.--., |g..I . th uit. gnd li -a.d fund
Iter ,... .... t. ., t9c uaHrrrry our or
It. g..... ... r.d Jut i've CpmplrDlcr Of
~f.t. .,... 49,. .,.- r.- FraIt nn lne fressLr.r
I,.,....r...e ...I .sl lic. shy fprthr pr.Oi~t
III 5...r... l..,, 5.a. tcc me ,lur. whic4 ,aid
il,....- ... +. t.. -"N D. a. ic;si one month
Ir-.,t... ... ..rn. ..-r... -iu'rre~;.
@- a. B., -..a 1872. ...'l &. tie vernon ana
lt.l4u.r .|.- g.. 49, ut. -f g. 5 'Hrr Ia each month
.r.. .r.t-.'- r'a. ft.. s.'if huitiS r-p n,iIv
-... . t... .H- .l p, r.lt.I by tl- Tr,r..
=. moe Cd. t' -... a.. 10 same in le regis
It-,t So. .4rs...t u ,H.a 'uea',rr a. 20 prevent
f.r. ...... Boz. . .-,....f 90 s. '... clrcpiliou
,-,. Ii If. ..l''@u'e ao ~r"idd ~ ne claims
which r. ...l, itt 'n f0r.'ii au tIniri under