Mountain Democrat. [volume] (Placerville, El Dorado Co., Cal.) 1854-1860, 1858-05-08
Az ACT

thOriZed a. fund It's nOaUhB u'ol am W. "' -.
the Nayur and the Treasurer and CLERK Oi EAo cl1'
and their successors in Office, shall cansutuIe
Board vi Commissioners, to be STYLED " aug Us r"uN WV,
Inv Commis si0ners If the city Of PhcerVliiC' Anu
shall have and exercise the powers anu Pe''O' 'NS
duties hereinafter provided. -. =;
SEc z. The holders Of all legally erGa'eu GU! IN
debtednrss due at the time 81 Tue PnHs"ke W US
Act aud OF all legal indebtedness "iCn s""' TS'
eOme due ON or before inc mn NY If ,,'j;n1
is5s shall be entitled TO the PtivIcke " Iuuui"k
1ho I,D,o Nv virtue Of this Act. The funding pow =
era Of said Commissioners shall Cease SlH nonIns
frou, and nfer the passage 4" tins Act aud no deOI
~1.r.A the civ shall be tundC alter tlIai permu
So a Said Board ii Commissioners shall, Us
aOou NJ practicable nflcr the passage Of this Act
procure certain blank bonds. or cCr'incatcs oI IN
Nrtteduess with coupons for interest s'!acheu 70
@seh. Sad bonds shall DC in the several SUMS 81
HTiv enc hundred and two hundred aid nay dol
lara aud hall be ia the form prescribed ny SHlu
Commissioners, and shall pnrp"I 10 suostSnce -
fIOwa: The CITY II Placervllle ID lndeoteo 10 the
bladder tL.re,f the sum therein nnmed, pay able "
the holder or bearer thereof on the hrstd day Ut June.
\. D. 1855 bearing interest Ut the rate " ten per
cent Der annum; said interest 10 DC Pavaoe beLH'
nnnually ~ the tirst day Ut January anu Tue nrSt
Iuv Of July in each year, upon coupons annexed to
aaid bupAS The principal and uel of said bVnds
.hall he made Da ADle the TN Vi the CITY Treas
Urrr in the city Of Ilaceryillc.
SIC Z The principal II said bonds shall De Paya..
HE in the ciiy Of ilacerylc, un the tirst day VI
June, A. d. 1893, and the interest senannuAlly, ON
lie hrat day Of January and Jul! vs. stated III Ihe
f'F, going SectiUm. Said bonus una e"ulrn. sh~
h. d ueJ bv each II SAID Commissioners, and Dha
be % ,uCd by them vt one hundred crnis Oh the dol
lar tor an equal anUunt Vi city indebtedness sur.
Ten Il: the vouchers Vi which indebtedness shall
~ the time Of their surrender De marked cancelled
and Oanli then b. delivered To the CUliinon CounSH
VI said city, who shall cause the same 10 Oe DE-
str0yed.
SIe s. The said Commissioners. IrevlUus 20 the
tire when the Common Council shall hx the 1nO"n
Of city tAx in each year, shall te''! md deliver to
the Common Council statement u Tue amount
which will he due aud PAYABLE Tor interest upon
said bonds during the cu'rcn' year. AUD The C"ni'
HIon CuuuciI vai then Cause To Dr levied taS, III
addition TO other taxes, sniI>tnt to Mse Inc Saiu
interest prVrtd<d, that Maid tax H'Ial III" sASScu
one. fourth Ut Une pei cent ultn ne aSScHH'u NAhe
OF procFtY IN snL city. SAID TAX snail be GUlIeSeu
At the same time and ~ the Sa.e nnlrnr No "Invr
taxes upon property in SAID city: HE Land ARISING
tr tue collection vi aid IA staiI Os "iI"eu "a
clIHiTcly 10 The M NJ IL the lhleTth oh HAls
a uis uuI SUI Il IhicIes sl.a lie Hatis'ts-. IL. NJ
Ia. end Vi any eLrrent year. 'h,rr Sd iehl@'"
Hu Plus VI money u'rILk "'hh Sa'u "A even Ahu
ab We he mount 'ssari I" a! 'he 'n.'ItN1i" LOT
rue YEAR, such Eu Plus shall Ct l"u mt 'he
lin s.uR (.ud tI LuN n.enI Ut the FIICl:.I oI Haid
LUnds, Lr,.vdcd tm ia sc.ti"n siA Vi 'hIS act H.
he's ever the money a. lecivu b! means "I Maid TAX
shall At any time be insufficient 10 IA! '"e ,c'ee'
q due, The Common Cum II shall rdef- tie ics''
Lu. To- be- uaid to sad CvinmIs>IJnvrs cut VI the
general ia I'd Of the ci.y.
SIC. i. The Conln,o" Council, at the lime they
shAiI in each gear, Tx the amount III me 'SieI C''
Iaxva shall cause 10 he lev I'D .nd C"e.itd, ~ ihe
aan,e mann, AS o her taNC~, sucI per cent u. "n
the taxable property VI SAID e.! - rna'' T."""'
10 exceed in any one year. t"ehI! Ter cent "I 'he
bonds then outstanding lid tic sui "Il>ihS h"'"
auch tax shall he sink ny fund In the Fcue.'Il lh
al sucL bonds aud shall H." be used r"Ppr". r.t "
tor any other purpose WhITcNcI; a'SS: "hri'r'rt
Ahsre shAIl be IN TIE Kc' era u" q ~ S1'o Gu! ""
money wlIIc :, 10 tnt o. In'h"i l'e N"'""u N"u"
cal, will be nDIe than sufficient to meet aiId d'S
skNrSx tue exprunrs Vi said II.y Tor the current
NsAE, said Common Council MAJ. ~ tie'r olst'cH"n
transfer and pay over ALI! such '"ri'uS 70 Tue s'"G
ing fund h,rt'n provided "'ntNt' "e'S MAN
be IN said SInk,nk tuld the sum "I I'VE U"uS"hu
d,,lAr. ar IN, IT, tue Alii ,ad 81 COiiintSSivhcTS
shall b. authUI Ici To give n"iI.e HAL SUI sui" w"
Dr. used tor the purchase II said b"'uS. S"Ch me-
,ite stall be published for at least lliT'N GAYS !"
anne me- SpAler ui general circulation ~ SAID tUu'
~ and ALAII state the AuIdut VI iLnntN ~ De used
Er the rrdcInptLn 81 tie g'ratcst ulh""n' oi D"has
which bc offered iifc'eioi, and i"'lte seAicu
proposals. stating also the tine ana Place. VI"
" hcIr, UAld pIut, sails Will bc II chcd W lieu TIE
bids are Openru, sand Board Vi Commissioners shall
accept GId III 3 carc the tanrci!l'n "' the
greatest amount IL bonus. p '"l that u" lid
sIall Le accepted tor the sui' Lutr Vi DoLos ~ more
than their par valnr
SEC 4 Tue SAID Commissioners shall receive INTO
thvr custody all Lionc! Swh hsi"Il I've COLLECTED nor
or laid IniH. ciil,I the interest ar AnklnR iunh'
provided tor by this IA, sLd dl>b"rre I'e SAn'e HI
the puI L-Ise provided for III this Act; they shall
ksrp regular bnAs III account and minutes al iheIi
prOcvvdInKA, which shall at nil times be open u Me
inspection IL the CuiuLr"n Council; they SNAIL
MiLhIn ten dXtS after tie i:ilI dn! 81 May. AZ "
lS.S, make uut aud deliver L. Il'c ("inn"n ("uhth
full statement ii the amount at L'IIdS ISSUED By
them, and Vi the amount aud dcNcii "n 81 TIE titH
Indebtedness received III AthanSc Tor >uch D"hoH;
they shall. als. a. the expiration ~ Sath ns,"I year.
make Out and deliver 10 the Common COUNSEL
statement, verified by the oath ~ one " more ui
sALd OuuIisAi'ncrs, showing the total amount" I"
ESoney received bv them. irm " hat SOURCE aud for
Nhat fund also The amount Of money paid out BY
then aud Tor what pur..oer paid. also the amount
outstanding and the amount red' emrd during the
suFV0st year ; which statement the Common C"un'
ell shall forthwith cause Ia be published in some
neWSpApsr published IN said city.
Sac, 9. Zach OF said CunnIis> IOncrs AhaIl. 6lt'rc
eRtOrlAR upua his duIivs. take aud subAt rite an
GATH u, perform the duties Of such Commissioner
~sll and faithfully W be the best Of his knowledge
and ability, and shall also give G'cl and sufficient
bonds pay able 10 the LeuIc VI Ibe CITY OF flaccI.
vile, to be approved by the C"mnnn Council. and
in such sumS said Common Council shall r, q lIir.
fur the iai ihiul performance Ut their duties The
duties hereby required I" be performed by said
CumUiJsiUnsfs shall be deemed part Of their "ili'
ealdMtie~ a. Mayer. Treasurer. aud CLERK, re>I'c
sivelv and shalt be performed without c0Ini cpSa-
ton aud O'AhimE herein con'ard shall De s."
construed - 70 authorize either one OIL sald C"h-
iasiOnGrs 70 charge or TeteiVe any leTtCningr 'r
commission upon any moneys received or aid out
in pcstQuanCe u the duties epjoined upon them b!
THE A1l.,
SEC. y. Fton end aler the passage 81 Iii" Act n"
scrip Ur other evidence If ttI indebtedness shall bc
rec eved in aI uvnt Of icenSrs, taxes. hines or city
dues ufSApy kind or description. Tut simli be paid
only in the lawful c,in ii the Cnd'd states nnd
all payments aud disbursements IN the part u the
city shall be made IN CaHh only.
SEC 10. From and after the passage "f this Act.
il sAIbe laWful Tor the Treasurer Or other officer
II Aai3Ghy I'Ay discharge U"to the city funds
moneys any strip, coupons, or other evidence 81
ety Indebtedness then issued. except in the manner
prescribed in tnis Act; and trnm and amer the pas
sage herc,k it shall be unlawful far The CierA, nr
"thee officer Of said city. t" draw any warrant upon
.tHS city treasury unless there be cash actually there
in to meet the warrant drawn Any violation at
the provisions 0this section shall be deemed mis-
demesnor. and any person convicted Of such vI"la'
ton shall be fined in any sum IN; exceeding live
hundred dollars, or imprisoned in the ci'v PRISON
not more than three niGDhs. or BY both such tine
and imprisonment
SEC II. This Act shall take effect from and after
its pasSage.
Approved March 9Th, 1883.
Nor WORKED OUr.-In the Spring Of 02
few miners could be induced to work in Hang