Weekly Trinity journal., 1863-08-01
AN ACT
'Te PROVIDE BONDS FOR COUPLE
.tAtproyed Aprl p, 1851

tAFproyed Aprl p, 1861
BoNBs.
The People Of the State of California rspreseeI in Senate
and issembiy, do enact as toiotcs
Section l. For the purpose Of completing furnishing
the state Asylum for the Deaf Dumb and Blind the rcus
urer state shah cause To be prepared suitable bond. u
the state of California bearing interest At the ratcor syel
per canl per annun payable semi annually ON the hr4t
day OF January apd the first day of July of each year
the o0ce OF the Treasurer of state.
FunM or noNps
Sec 2 The sad bonds shalt be signed by the Governor
and countsEsigucd by the Controcr aud indurs by h
Treasurer Of state and sta have the seal 90 the
fixed thereto and shall date frop tn nr,t d,y of uy
D. eighteen hundred and sixty four and be made paytb
at the Office OF tae Treasurer of State within twenty ys
after the date OF their issue
COUPONS INrIu,yr.
See The coupons Tor interest shall be attached to ca
bond 50 that each one may be removed Without nju,
dctaccR,cnt Of the bond the remaining coupons rh'
said coupons shall be eonsecuvey numbered and sgnfd
by the Treasurer Of state, aud shall represent the m
animal interest the bond to which they attached
RECORD oF RoNps--AMovNr IT. BE tsuEp.
SEE The Treasurer shall furnish the Controller of state
with The nu her apd amount ot each bond prepared o'
issue aud each of tbe above named officers shall kreps
careful and correct record of The number and dnomnan
which bonds be ST. lod The Asyhl,R Bonds shall
exceed seventy five thousand dollars 1870 Ooo)
hrR"mutu"N
Sec 6 The sam of seven hundred dollars IA hereby APP
proprated from the fund arising from the Se of the Ay
the Treasurer in the preparation OF the s'd bonds
FOR PAYMENT or PRINCIPAL INTEREST
Sc For payment of the principal and interest Of The
Asylum Bonds authorized by this Act. tharc shall h.
hyicd, ON the irst Monday in March 4 y eighteen bu'
aud prime pal be fully pald auuud tax of three
outlu Of one per cent on each one hnuirod dollars OF
value of AL the taxable property i9 ts state which tN
shd 0c assessed ana collected as other state taxes aud 10y
The Treasurer OF SLATE get apart fund 10 b. designated
tue YUM Bond Redemption and Interest Fund to hA
nppiH exclusively 70 lhe payment "i thH interest "t th'
Asylum Bonds ana for tl" redemption OF th' SANE ,
aud the faith of the state Of California hereby pledged
/ interest Of said Asylum Bands
SURPLUS - ASYLUM FrNp.
Soc Whenever the first day OF Jlnuary the Grs
Of July Of any year hora r'mn5 in the Asylum lionl
and REDEEM ptan Interest Fund surplus of 1--we thousand
dollars or more after the payment OF interest as hp
provided II shall be The duty Of thc Treasurer ot state b.
advertise ten days IN daily newspaper Published IA tbs
IN the city OF san Francisco for sealed proposals. to b.
opened one month after the expiration Of the tua Of pub
i'"'"h ~ ptt'hhee VI Ie DNerhofi stare controller AMI
Treasurer at The Treasurc oBce for the surrender o
amount Of moneys tn fund t. he applied for the re
dempton Of The sad bonds and the lowest proposals for
r,r tIu'' 'S "il redeem he largest aw"uh OF bonds uu-
ul the money n thr fund g. cVhlusted.
rm,srag RErorr MONTHLY
See The Treasurer of state shuu Keep nl and par
ucnlt account OF iucrcst pad ana bombs redeemed aud
h, duty 10 pay the interest the said bouis whcu
saUe fans duo from the fund provided hy this Act
AufcE FuK sAl8 ot knNus--rKoNi~O
See When this Set shall have bncn rttded By vote Of
th" people hereinafter provided the Treasurer Of Sa
sbnl advertise twenty days 10 one daily newspaper pub
hed IA the cil Of Scausnto aud IN one daily ueWspa
per puJs IA tho cy of san Francisco, for sealed pro
poea for The purchase Of the whole any portion Of The
Asylum Bonds aud on the day named IA the advertise
mcn for opening sad proposals they shall hc opened at th'
'"t"cr ana r'nrti Ahl lhe sums hid Tor awarded to
thc highest htddcr provided that bid shall be accepted
at more than ten per cent discount upon the rep
resented by the bonds BAD for amt any portion o bonds
authorized TO s-ue uudcf this Act which shall not bt DIS
posed o by bid above provided, shall d. sold by tbs
Ireturor ol state sb the approval o the Governor anil
Controller provided that no sale shall be muie AT mots
than ten p're-ni Discount upon the snouut rrpr"fn by
e b'n. 20 '1 N"h ihe interest winch may he dne ini
represented by coupons At the Time OF such sale aud i
sdcs shall be made Tor gold com OF the Cuited States an
The proceed shall bc set apart In tie Treasury and cons
tule tht Biud -ylum Bupdmg Fund d'
EEHroN AAD FURNISHING AsTIrM, ErC
See 10 The Trustee OF the Deaf, bomb and Blind Asy
um upon approved pIm- and specifications, which shalt
be uled pa the Office OF the secretary of state shall
tract upon suree5 WHICH shall be approved boy the COY
crnor for the erection aud furnishing Of the Asylum
complete manner provided, It shah not involve m"re cN
pendture than Wil be covered by the r ld un
the salc Of the Asylum bonds issued under this Act
CLAIMS To IA cERri1Ep ErC-rANNENr oF.
Sec II Al claims for material labor and charys t'-
Cured N constructing and furnishing the Deaf puub ui
Blind sylum, in accordance with the plans above men
toned shall BE- certified by the Board Of Trustees aui
Of State shall draw his warrant for the amount of sue
claim Ia the person OF persons whom II Is lu,
and the Treasurer Of state shall pay the sane from tho
Blind Asylum Building Fund
/ ACT 10 ~ SUBMITTED To VOTE Az TUE EiiruN 90
sEPTEuIER, 1SC3-
Sec ~ This Act shaE o. sobpitted 10 the peop o the
state ratification at the general ton heJ on
the FIRST "Wednesday Of SptcEb'r, \. D. eighteen hundred
and sixty three amt the 4oahi-d eietols Of t'- stat
either for against this Act those voting br tho
shall have written printed GA their b1liot fIr state
olicers the words: ..F Tor Asyluin Building Act Amd
those voting against the shall have written prlnt
the ballots the words " Against Asylum Building Act
PROCLAMATION
Sec 10 Tho votes or md against tins Act shall he
yasead returned and declared, in the aui
subject e. the ruls votes Tor Treasurer =,
state and It It appear tAat majority Of an thr votes
cast or and against hs Act ~ aforesaid in R9 Ut ia,
same then shall baye Immediate eject aud the Goyel
nor shalt make proclamation thereof accordingly. and -
Treasurer Ot state shall proceed above directed pro
vide for the preparation aud sal OF the bonds
thprzed but should majority 0t votes be esaus
the Act, then il shall be- void aud of "A effect
PUBLICATION SECRETARY %
f..NtH gF4t.N
published ia newspaper ia each Judicial district II
bs pubshed therein, throughout thc state lur thrs
months proceeding the first "Wednesday Of September
eighteen hundred and sixty three at such OF tVet
sing maintained by the papers ia which she ssnH
mtY he Published provided they do exceed n rates
Gxrd for state printing
Sc - Section fourteen Of this Act shall take egct in,
m .iilltrlg &.