Weekly Trinity journal., 1863-08-15
AN ACT
'VO PROVIDE RONDs FOR COMPILE
L ting the Deaf, Dumb aud Blind Asylum,
Approved April II, 1858.

L ting the Deaf Dumb aud B,ind Asy tun,
Improved April II, 1881
BoNSs
The People Of ae state Of CafoRid reprse,sI in Senate
and assembly, DO enact as toUots;
Section l. For the purpose of completing aud furnishing
the state Asylum for the Deaf, Dumb aud Blind the Treas
of state shall cause to be prepared suitable bonds OF
the state of California; bearing interest at the rate Of seven
per cent per annnm PAYABLE sem annually, on tho hs
day o January and the first day of July OF each year
the once Of the Treasurer of state.
MoAns
Sec 2 The said bonds shah be signed by the Governor
and counersgncd by the Controller aud indorsed hy h
Treasurer OF state, aud shalt have the seal ct the state
D. eighteen hundred and sixty tour aud be made payable
the office of the Treasurer of state within twenty yn,s
after the date OF their issue.
COUPONS INTEREST.
Sec The coupons for interest shall be attached to eaeh
bond, 50 that each one may be removed without injury ur
denleemen of the bond or the remaining coupons The
said coupons shalt be oonsecutvey numbered and signed
by the Treasurer of State and shall represent the
ANIMAL interest on the bond To which they are attached.
RECORD oF noNps--AMoUNr 20 IN ISSUED.
4 The Treasurer shall furnish the Controller Of state
with the number and amount OF each bond prepared Toe
issue, and each of the above named officers shall Arp
careful aud correct record of the numberRnd denomination
Of each bond issued under this Act the whole amount w
which 10 be styled the Asylum Bonds shall net
exceed seventy Ave thousand dollars (s70ooo.)
Sec g. The sum of seven hundred dollars is hereby ap
propratcd from the fund arising from the sale Of the Ay
um Bonds" pny such expenses may be incurred by
the Treasurer ia the preparation of the said bonds.
ron PAYMENT or PRINCIPAL ANh tNrEltEsr
See. q, For payment of the principal ana interest OF tho
-yum Bonds authorized by this Act there shall ho
levied, ON tie first Monday n Maroh, T. eighteen hnn-
dred and sixty four aud ouch year thereafter, until the
interest ud principal he fully pt annual tax Of three.
uurhs of per cent Oh onc one hundred dollars ot
value of MI tho taxable property ia this state which tax
shall be aseard and collected az other state uNcg, aud by
The Treasurer state set apart fund To ho designated
tho q Asyum noni liotlempon aud Interest Fund to he
applied exclusively To the payment of the interest Of tho
"a YUM Honds,' aud for the redemption of the same +
The faith Of the state Of California is hereby pledged
Tor the payment herein provided, OF the principal and
Atcrest of said Asylum Bonds."
sliptualy ANtrM trNp
T.. MhpuNNyT q l.lt u q
Of July of any year, There remains ia tho Asylum Bond
aud Redemption Interest Fund surplus of ave thousand
dollars moro after the pay mcut OF interest herein
provided shall be the duty Of tho Treasurer OF State 10
advertise ten days IN one daily newspaper published IN the
city Of Sacramento and in one day newspaper published
IN tho city OF san Francisco, for scaled proposals To ho
opened one month after the expiration of the tu' Of rub
lchtion, in OF the Governor state Cutolr aud
Ireasute at the Treasurer omuo for the surrender Of
Asylum Bonds and tho advertisements shll state the
amount of moneys in the fund to be applied for the
denpton Of the sad bonds proposals for
surrender shan be accepted at such rates, not exceeding
par value aa viii redeem tho largest amount Of bonds
I'll the money IN the fund Is exhausted
TREASURER - Rnrpu MONTHLY,
Sec g. The Treasurer of State shall keep full aud par
cuar account Of interest paid and bonds redeemed aud
render the same to the Controller monthly, aud shall be
hs duty to pay the interest the said bonds when the
same falls due from tho fund provided by this Act.
NOTICE foh SALE of HuNDs--rsovIso.
Sec g. When this Act shall have been ratified by OF
the people hereinafter provided, the Treasurer of state
shall advertise twenty days in one daily newspaper pub
per published IN the city Of sun Franeaco for sealed pro
p,as for the purchase Of the whole any portion of the
mcnt for opening said proposals. they shall be opened at the
office Of the Treasurer Of State presence of the Governor
Controller ANA treasurer aud the sums bid for awarded TO
the highest bidder provided that bid shah be accepted
At than ten per cent discount upon the rep
resented by the bonds bid for and any portion of bonds
authorized to issue under this Act which shall not be DIS
posed OF by bid a above provided shall hc sold by the
Treasurer OF state with the approval of the Goyenur aud
Controller provided that no sale SHAH be made at more
than ten ceen discount upon the amount rcpeshtrdb by
thu bonds sold With the interest which may be due aht
represented by coupons at inc lna OF such sale hl an
sae shall be made for gold coin Of he United states and
the proceeds shall be apart in the Treasury and eonst
tue the " Blind Asylum Building Fund
ERaTloN ANp fCRNlsiING ASYLUM, ETC.
Sec 10 The Trustees of the Deaf Dumb aud Blind Asg
be filed in the Office of he secretary of state shall con
tract upon suretes which shall be approved by the Coy
ernor, for the erection and furnishing Of the Asylum i
complete manner provided II shall not involve more eN
pandire than wllbccoyered by the amount realized from
the sale Of the Asylum bonds issued under this Act.
CLAIMS 10 BE CErnfiEp, EIC,-rAYMENr on.
Sec II. All clnns for material labor and charges iu-
Cured IN constructing aud furnishing the Deaf Dumb Std
Blind Asylum, in accordance with the plans above meu
toned shall be- certified by the Board of Trustees and up
approval hy The Board Of State Examiners the Controller
Of State shall draw hs for the amount Of such
claim IN favor OF the person or persons to whom d9"
Blind Asylum Building Fund.
ACT 70 M SUBMITTED 10 VOTE AT THE ELECTION OF
SEPTEMBER, 1868.
Sec ~ This Act shall submitted to the people Of the
state for ratification at e general election, to he held
the first Wednesday of September A. d. eighteen hundred
and sixty three and the uuaaad electors this State
WILL at said election, on their ballots for state ocers
vote either for or against this Act those voting Tor
shall have written printed their ballots toe state
officers, the words For Asylum Hullding Act and
voting against the shall have written printed
the bllots the words Against Asylum Building Act
PROCLAMATION OF RESULT.
Sec 13 The votes or aud against this Act shall be
yassed returned and declared, in the manner and
subject to the rues votes cast for Treasurer
state aud If 1t appear that majority Of all the votes
for and against this Act aforesaid la favor Of tho
same, then il shall have immediate effect aud the Cover
nor shall mako proclamation thereof accordingly and tha
Treasurer Of state shall proceed above directed pro-
vide for the preparation and sale of the bonds herein
thozed but should majority of votes be given against
he vuid land q n 10
PUBLICATION SECRETARY
Sec H. The secretary Of State shall this Act to he
published in newspaper in each judicial district II
be published therein, throughout the state for thrc1
months preceding the first Wednesday of September H.
eighteen hundred aud sixty three at such rates of aert
sing maintained by tho papers in which the
may be published provided they do not exceed tie
d 1xed for State printing.
Sec Is Section fourteen of this Act shall take eoct i'm
20,ts