Weekly Trinity journal., 1859-02-12
Trinity Comfy Redemption Fund.

An act TO authorize The Board OF Supervisors Of
Trinity County 20 levy Special Tax, and ere
ate q Redemption Fund for the payment OF
County Indebtedness.
TIE People of He state or california, represcg'sd
u Scaate aHd .lsseMbiH do enact as foftotra
SEC. l. Tho Board Of Supervisors for the
County of Trinity shall have power and 1t ia
hereby made their duty to loyy special taN
annually, in addition 10 other taxes provided for
by law, upon the taxable property in The said
County, of not more than one-half of ono per
cent, and said tnX shall be collected mt the same
time and in like manner as other taxes are col
lected in said County.
SEC, g The tax provided for in the irst section
OF this act, together with sixty per cent. OF AL
moneys received into the County Treasury for
County purposes, from the salo Of Foreign MI
ncrs' licenses shall he set aside and kept as
special Fund, TO be called q g Redemption Fund,
and shall be held and discussed as is hereinafter
provided
SEC. g. 1t shall be tho duty Of the County
Treasurer TO give thirty days Hotco, by publicn-
ton in some newspaper published at the County
seat, that scaled proposals directed TO him for thn
surrender of County warrants, will be received
10y him up to the last day of the session OF each
regular meeting Of the Board of Supervisors.
SEC. 4. on the last day Of each regular meet
ing of The Board of Supervisors they together
with the County Auditor and Treasurer, shall
attend at the Office Of tho latter and then and
there open all proposals. aud accept the lowest
bids for the surrender of County warrunts; pro.
yided Chat no bid for more than The par value OF
said warrants or any bid unless accompanied hy
the warrants proposed to be surrendered shall be
accepted
Sgc 8. Whenever amy bids are accepted NJ"
County Auditor ana County Treasurer shall
each take q description OF the numberand amount
of warrants to bee redeemed, specifying the
amount to be paid for each warrant and mako
several record thereof i'm their respective oihcee.
and thcreupon the Board of Supervisors shall
make an order directing the County Treasurer to
purchase the warrants designated In the accepted
bids, and pay for the same out of tho &c ''ltcdemp
ton Fund, - and the warrants 80 redeemed shalt
be Cancelled as other redeemed County warrants,
except ihat the County Treasurer shall write on
the fac0 Of said warrants, " purchased and tho
amount paid for the same and shall sign bis name
thereto. The order OF the Board of Supervisors
directing the County Treasurer 90 purchase said
warrants together with The record made by The
County Auditor shall be sufficient voucher" for
the County Treasurer in the settlement of his
accounts The bids being equal the preference
shall bc given to the smallest amount Of warrants;
the bids aud amount Of warrants being equal
each shall be accepted pro rata, or as nearly 50
as possible. The County Treasurer shall return
all uuacceptcd bids together with the warrants
there;n contained to the owners on demand,
SEU. 6. Tho County Treasurer shall keep
separate account under the head of " Redemption
Fund, " Of all moneys received from the sources
specified in the first and second sections Of this
act and the said moneys shall never be used OF
mixed with other funds.