The Placer herald. [volume] (Auburn, Placer County, Calif.) 1855-1991, 1862-12-27


The People of the State of California rep
resented in Senate and assembly, do enact as
toiiotOS:
SEC |. Whenever the Sacramento, Placer and
Nevada Railroad Company by and through its
Board of Directors and President shall make writ
ten application to the Board Of Supervisors of the
county of Placer at any regular or stated meet
ing OF said Supervisors requesting said county
of Placer, through its properly constituted au-
thorties, to issue to said Railroad Company the
bonds of said county in the total sum of 5 90 900,
it shall be lawful for said county to issue its bonds
and dispose of them in the manner following and
subject to the following conditions.
SEC 2. Upon the receipt Of said petition from
said Sacramento Placer and Nevada Railroad
Company. the Board of Supervisors shall enter
tain the sumo, and in order TO ascertain whether
the people of said county are willing that its
credit shall be loaned as desired by said Company,
said Board Of Supervisors shall. within sixty days
after the receipt Of said petition, order special
election to be held in said county 1T which shall
be submitted the proposition OF SAID loan to SAID
Railroad Company, to be voted upon by the
qualified voters OF said county.
SEC B. The stid election shall be fixed by said
Board of Supervisors. for some day not less than
thirty nor more than sixty days. IRON the time OF
making said order. Said Board shall cause .
notice of said election to be published for the
period of four weeks next before the day OF said
election in two or more newspapers published in
said county, which notice shall specify the time OF
said election, the object of the same, the PROPOSE
ton 10 be voted upon, and the places where the
pol' w; " II L no s,n,o os tho nraoirots
fixed for said purpose at the last prec eding gene
raj election. They shall also appoint Judges and
inspectors of said election and cause notice there
OF 10 nc gwen 10 ,n H'"ei n1,oon 20 ny
Jaw No ;'oa, ~ s,I i"o,;nH;
J"oSe, w u,on ,ha Jv GxeI Nv s,iI ordnr tbn
oho. - poh ha aI EoII E,cb of mo oIoctors
salo eiec.'o" ~ ,ao,;nn shIi houo uiito, ar
No.lns d. s"hG I,Iot tbo wnr1s ..p,ilro,I Loan
pi.",." H. ,rnrIs ~ ilro,d Loan No; So;d
ies' VI NV, ,r, w. ,"t, nd H., tnnn ,t
ei'c,lon 1n''n ~ VA ont anJ tr,nsmittaJ r. ,ho
=! Sn"ii ne It'll; tho Tina and in tha n,o,nar
aau;, "a iv law ut grnoraI elnctions On the
Prescl.pc1 ~ a." 3 Of bol1inr s,;a oloa,;nn
nl'een'h way '..e. VIZ u"y " III aot ana
.he boalu u & PIoai"rn tho rosnlt N Wv" '''
SUI re- re- n thn co,yassin.r If said roturns
:. oho; , T. rnI thnt If the vofcs cast ~ s,ii
aion,;or boving written or printed upon them the
WORDS NJ ', ,na;oritv hava wri,,en or mint.
roau 1o'.h' WI 'unnpd Tan No than tba l,t,
Gu upon n e"'n r C.,;snre ~ tI ,no;nr
! OF the Dohu , a. 4nmnP;no. I'M - xiv ",
shall ccnoo ~" shall b,va writton or Mn, od
lnc VIZ 10 ,,,,ras P,ilroad Loan Yns,; thon
upon 'no WY" n c,,isors oh III ;ssnn tbo Lo,d at
'he boaru " r,.r ,'rasonilo u
saiu coui'y w n ~" :, s,,iI Ia osoortn;nod =; ~
oEo' o' "n:n =; aoat;on fra 81 this A - A..
manner f tho votcs cnst At said nIecion
,he !h'9ol. vi az rr;n,od ~, tbom tho Uauds
hr'. u. W." ,t Vf,; ar .p,ilro,d am NJ ';
hailro"u . '1oAn ~ tod nnn,, than, ,ha' , .,oi
nn'c 49, yps tbor i shall ho tho Lntr oT
na'I,ou , S'nor,;snrS whnnnvor tharato' va W
saiu Do"iu vi On ppna;i''t ,n5 PonrJ or n;uso.ua
qecs'eu -; ;,unod cnmnanv to nren,re and ssra
;1 pIro,d Cnmnanv the bonds or cid
W ea.u H. ,,,nt 81 ono hr,draI ,h,s,n1
doli;rS. c a." Ga hnJsoJ or avn tho,sn1 n'i
Nv" " In roonostoI Inv e,id pn;iroo,
l.rs eacn d" ,h sbol, eYnress man their fcn tho
No"I"ny ty $780,, and ol;not rnr ,,b;ob thou o
n''ure vi ny i ,u,IIo in t,yontv ,1aar f -.
issued; sn"il IL nr terest # tho rto nf a'ht
the'r ou'e' s"'', naual,Ia somiann,oi, sn'
Per ecn' p., 81 INV and January or oaoh yoar
.ne 'ts' ai1ys ;,torost connons attached nxnras
nnu n untn and timn If nnvmcnt of Interest o
sing .le aati Rntb hopJs and counons sHil
.oose ,,io IT thc Office Of the Trensnrnr IN
p u.;' .,'" "o,n KY
say Snc ,i1 bonds shall each be signed bv the
p oio ot tho Ro,rd of Snnarvisors and tho
resiuon. - thn county and SIKH have Tho conn.
tv Saoi oaiycd to each and every bond The
.ou ,p,t poth honds and connons shall ho mo1n
nounEIle r. the sacramento, Placer and Nevada
Pt;;n"n1 Comn,nv or bearer and each bond shall
in nmnn ;ts hack n certificate stoned Inv tho
puasiJpNt IF tbn BOARD of Supervisors and the
pnos;Jomt or sid Railroad COMPANY SETTING forth
~. ~ i; In,v and formally issned rs contemnla
tn ,' v =, INV Said bonds shall he transferable by
a tI ~ and whenever so executed and issued
har n thn hnnJs Of the Countv Of Placer and
sh',i Ii,h iI conntv to The novment of tho nrin
en', i o, 1 ;,,oroSt ne therein rynrcssnd
c'P%, "'s' Whanevsr The bonds of the comfy If
oho. o. I'o ;ssno6 and dnIiverod 70 thn : al
riacer sn'i, Do s ,'roser;Lod in tbo ,.t sootnn
Ipau Sonpn"y 40 placer and Nevada Rnilroad
1ne shalI ,t tho same time deliver to the
company 81 ,ho ~ ponrd nf Snnorvisors IF said
rres,ucnt -, 'n Io,oGt nf said cnnntv no ho"as
cGu NY Railroad COMPANY of equal number in
lilo omonnts maturing ut the same time. bear.
,Me ,h r,ta Of interest and Interest M vohlc
~ ,ho Same ncriods as the bonds of the countv
So nvecmted and issued. Said Railroad bonds
~ su Io made nov,hle tn the county of placer or
;.u1 ~ ord sh33ll ha sionnd NV Tho prnsiIont
and Secretary Of the Company. aud countersgned