Oroville daily Butte record., 1857-06-15

Witness my hand, and the great seal OF StattN at
OF in Sacramento, California the twenty sixth day
Of May, A. D. 1851. DAVID f. DOUGLAS.
rsEALl Secretary of state.
CHAPTER CCNLIV.
An Act to provide for Paying certain Equit-
able Claims against the State OF Califor.
mia, and to contract "A Funded Debt Tor
that purpose
The Peolc Of me state Of Caiifornio, represented ~
Smut and .9sscmdlv. DO eRaoi as 1et'oTs;
SECTION For the parp. cf hgudatlpg. fund
~ z aud paving the claims against the state ~ ait
fnrnia hereinafter specified. the Treasurer oi >fac
-halI to he re ared suitable bonds OF the >tae
OF California. not Ia exceed the sum oi ihft' ln'7iN
nrr hundred ihuu-ard dollars, bearing rrcst III
tnr rate of seven per cent per ana In from the 'W"
Of their ISSUE payable at the ~taic Treasnrers "lc,
on The dr day OF July. one thousand rithi hundred
aud 20 enty seven: the interest accrWu2 on 'd
hnnds shall br due and pityable nt he office of n"
Treasurer of State on the first DAY ot january ana o'
J ,ly of each Pror'd,d Tint The hr>i pay mcft
of int rest shall not be made before the hrst day ~
In nary one tho Isrnd ri aht hundred nnt fifty nine
/ said bonds shan tc signed 10y the Governor. AMI
counters gurG 10y the e. mptrolirr. ana endorsed ~
The Secretary of STATE and shalt have " seal OF tir'
/ : ate alike thereto
SC , coupon for II, interest stall be h''achel
10 each bond Thai ~ cy may be- removed without
/ iniurl or muut'i,n to ih r'ud. Sad oup"ns CON
/ ,,cplivcy numbrfed. shall be signed b! the Treas
/ urrr ct state
! Sc. 3. II SHAH he I've dag Of the Treasurer and
Comptroller ol State each To- Keep >ciHrac record
/ # ull such h"n X - nay hr issued ~ ~ ing lhe
number. da'c aui amount of each hOAd, and iu
/ whom hp same issued and upon what Claim,
and IT. amount: and none oi the arms hrrrin slr
CITED shall hP udatcd or pad bul IN lht mdihtr
herein proyiocd
sec J. The sum of one Thousand dr,lnr. j. hereby
ai propriaI"d cW uf any muucN ia thc Trca~urt Not
otherwise aYrrop~jtc' lu pay the cNptsr that r'pN
he Incurred hy ne Treasurer ia having said bonds
prcpurcd, hul the tvmp'r.llcr shalt not draw his
wnrranl on tive Treasury or ht- amount uEui there
| is n ouey therein So pay thr same.
Sec. Al prrsnp~ having any of tine claims ~ mt
The state Of CALIFORNIA; tutl'lrI to be funded here
inafpr specified, shall, upon the pre-, u'aon of the
same 10 tnr Treasurer at the Satr. receive Ia eN'
change therefor bond nr bonds ot the Siut" oi
California pr,Nlrd for io he ir-j sesli ct this
Act hut 40 bond >ha hc i-.ut tor l'~s sum thin
hvr hunGC,d dollars. nor fer fractional paris OF
hundred ,iullar-. nu the Trcasurrr may isSu' GER
IiliCatts such tfHriuun' Iarls mol bonded whtrh
said crriir les shall be- transferable and certified 20
be funded - before provided The Treasurer s'nIl
endorse. the back ut each claim 50 r. crlvrd ana
huuidard. the dat, on winch ne received a." same,
AND irom whom aud he number It the bond ISSUED
in cxchange thcrof" and such claim snail pe hcG 1"
the office II thc secretary ~ >inte
see g. For The payment within twenty years of the
principal and interest of the bonds ISSUED under h~
! Ac, there shall hr t"vicG annually, un the hond-
nrp paid, and promptly collected ~ IN" -am manner
10 IL or may h, ~ ,vjAed bV law for ordinary state
take. tax of thirty cents each one hundred dol
lars of the 49, cSsti value ui real and personal pro-
pcrtt ~ the state, ana the fund derived from lni1
shall he set apart AM applied fNcln-lNtiN 10 me
payment of the Interest on The bonds herein provid
ed. aud the final redemption OF lhc principal # sad
bonds aud the fnuh ot the State ut 'Hnor N l.
hereby pledged for the rHNment ~ herein provided
of the bonds issued by virtue of tlis Ac'. and the IN
,,reo thereon and all moneys thai may he rec iveI
bv the state ot Cuiiornin t'Um the lrited states
Government on account oi the civil Fund. so called.
ARE hereby irr'vOrahN pled-"d 90 ia" a\mrnt OF
the prlncpal and nrrr~, on tn" uonds issued under
this Act wiltul refusal or neglect by Suprrvi7'r' r.
or il,, ul her officer To Ivy Colccl the tax imposed
hy this Act, shall be- mi-dem"anor ard the person
or prs0us convicted thereof shah b" removed from
oni, and punished 10y fine not exceeding one thou
sand dollars, or by imprisonment IN she count, jan
NOT evc.pding six mouths or 10y both such fine and
mpr;sontn nj,
Sec7 Whenever. ON the first DIV of Jfnuary or
JIv in any wear, there rpWnns after the payment of
,he interest ~ hereinafter provided. surplus q" ten
/ Thousand d,hars or ore, t sha be tine iuy of the
Treasurer to advertise for the space of one week in
one da,y paper pubiished in English, ia he city "f
New York. and tor one month IN one daily u"wSpn-
per pubii i-hcd in Engu,h M the state capital. iNr
! scncd urorusals to b. opened one month after the
expiration ot such publications by The Treasurer, in
rr,secc uf the GuVrrnrr Comp roller NJ the state
CAPITA, for the surrender of bonds ISSUED under this
Act. which advertise rmcnt shall stat" III" amount of
money he has on hald tor the purpose o redemption,
and lhpy shall accept the iowr~ pronoSalS, rates
not exc, cdiug par value a may redeem hr greatest
amount Of bonds nnlll the HWOun OI Cu>h un ha"d
for rrd,Inution is exhausted: Jr1rt}ed horSr1. in
case II sufficient amount "t such bonds shaIl NO, be
offered. aforesaid. o exhaust the snking und 40 -
less Amount Than ten thousand dollars. then il il
hereby made the duty ct the lr asufer To W!Vcrils"
in Two ne papcrS. in New York and one ai the
Caui,al If the state tor hree mouhs. which adVer-
tisemens shah state tn" amount IA the sinking fund
and the number ot bonds numbering them IN The
order of their issuance, VIII Ch such fund IL 81, apart
to nay and discharge, ana II such bonds. 50 num-
brr.d ia .uch advertiser ents. shall not be- presented
for pny,nent and cancellation within three months
from Inc expiration Oi such puhlicuiun. lhcu such
rind shan roman in the Treasury Ia di,ch,r-e such
bonds whpncVe' presrEt,d-but they shall draw no
interest after such ruhlicj'iun n hast aforesaid.
Sec. g. The Treasu-'ro State shnn keep mll and
particular account and record of a his proceedings
lnde this Act. and Of the hond- redeemed hnd sur
rendered. mi he shall trHn- init 10 the Governor aH
abstract of al his pro ceilings uuer this Act. viii,
4 his annual report. 20 bp hy the Governor laid before
tb. Leg, stature and MI hooks aud papers pertain
inc to The matters provided tor in This vel shah at all
pr~ be- op.u "a he lnsptct of any pm y interest
. ed ar The Governor. the Attorney General. ar u
committee of either ranch Of the Leg stature, or n
y Joint committee ot boih.
sec O. II shall be the duty Of The Treasurer tn nav
he interest on .nid bones when The same he due
out OF said Interest fund, sufficient, and # sad fund
be nn sufficient. then to pay the deficiency ont ot
the Genera Fund; prOrdsd that The Comptroller ui
State shalt first draw his warrant ON the Trpasur r
payable tn the order of said Treasurer for the amou
9 OF interest money about to become lue. which snd
interest warrant shall be drawn at least one month
n previous Ia he maturing Of the inere..
Sec 10 II shall be The duty Of the Governor md
Comptroller tn attend, lesst once IN each month
nj the TreiSurers Office. while said bonds are heiup
issued iu examine MI claims received hy the Tre1-
l., surer aforesaid. and the same to be regis
tered and cancelled IN such manner as to prevent
than from being re-iss,ed or put il. circulation
Sec II The following specified as the claims
which entitled 10 be received and funded under
this Act: First Civil bonds OF the State issued under
the funding Acts passed in the wears 1881 Si9 l. "A