The mountain Democrat., 1864-11-05

CHAP CCCKLI Ia 1t b aUGhnrtEv tke Bo''r6
Of SHDpr. inora NJ the County yf ~ Do-ddo n
subscriLe one Hundred Thou dR4 DotAsr" -
addition to the unoMnt hssfGto1e | ,s ey
rWr ana SicrnrA onfo TIsllAy RedrOdd eP'npd-
ny, and "a E,rride jDs Ms pFiy1n ~ Of ~ sd"'e
aud other In"fferr reIgtfTg hrrs. -
fApprovsd Aps44. lSst.l eA
The people Of tie !Stafe NJ a3ihOrAee, rtTseented
ia SeHdte aud AssesaJiy - 'Rdfgs EeRec-;
Section |. II shall u ihe duty 81 the tsaTd OF
Supervisors Of the County Of III Dorado, at the gem
eral PTeSideLtIaI election in the year One thou
sand eight hundred and sixty four, to sub II t0 the
sualied rl,esSrs q said csus, II deposition for
one hundred thous"nd dullars. in addition to the
ant hes easesER sobooEiied6 By eata county. 20 the
, eapital stock Of the PlAeeTvie and Sacramento
! VsAey RailrDad c6mpunI By which TO form rally
! road communication between the City Of l1acer-
willie. in said county. and the Town Of Folsom, in
! saId County Of SacTAulrIito.
| Sec 3 II shall be the duty OF said Board ofSu
| QssVisSrt s,a sAsN esuSa nnttea eh. rr~f, s0eS
o,ice or the subnisso Of said proposition to the
electors OF said county, 10 BE- published for space
Of At IeAR fiteen dayp priOF to said lection, in
some nr paper printed and published in sAid eOun
ty Said notice shal state the time when Gald elec
tion shall be held, the proposition u be submitted
TO said rIeetOFS and tie manner Of voting thereon.
Said BIard Of Supervis r. shall alsO rauGe'bAntS
ITO Ne prepared and circulated At the several pie
eiucis in raid county prior To said election win this
! ~
Thuurand Dollars to the capital stock Of the Pa
! eerSiilr aud SacFsnent0 Valley Railroad Cnmpa
ny =" printed thereon. Ever ballot In favor Of said
proposition shall have the ~"rd - Yes" ~rIt;rn or
prinlrd thereon: aid every ballot agsin't saId pro
pOsiti,n shall have the WOrd &" No" written OF
printed thereon
sec g. 1t shall be the duty Of the oficsrs Of said
election, at each and all nj the precincts in said
COUNTY, to hAkr cIecI count "f all thr votes "a L
on sald proposition. aud IL make tOffrcL r'tnrn
Of said vote, certified by their OATH. tO the CleIk
tel.t
Ave days after The said elrct"n; and II shal be the
duty of the Board of SuprrNisoIs, at their fret
meeting in the succ' eding sAid rectiun.
See II At SaLi FI ctI,u joTiIy Uf the TOters
Of rAih cuuntX Voting Gpn said prUposIti'n. shall
vote "Ies' then and IN that event. the sAid 10 rd
OF supervisors are hereby auth horned and directed
in the name of said cuuLty, aud fur its aud
eft. TO subscribe said addi'lnnal"n' hundred ti"L-
sand llarS to the capital stnck uf the said Placer
vile and Sacramento Valley kailrInd Company, aud
pledge the faith uf the county for The payment II
the -aInr, Nldrd that sad subscTi ptn Sh ali lR
made by SAID card nf SuIrrvI.s'rs and accepted 10y
said PlAcrTNi lie and SacrAm~n nio Valley RaiirnAd
Company. AIsle Ia the bonds Of said county, and
no ohrrWIs to be issu. A. hereinafter provided
and tO c ed BY ,aid railroad c,Lnpany in pay
nent "f SAID subscription al par A.i4' fOt dOllAE.
Sec 5. said ruhscrI pfInn ,halI b- made ~ mrn'-
Der Uf -Ad IL ard Of SuprT'lSOrs. " h" thah be ap
pol ted by an order oi aid Bad for that p TPbsr.
said appointment shall ~ made Imu1 dat y AtttT
the v"cs cast Al sAtd elrrtun shaIl have heeH can
Nasstd piOtih III section tine Of Ihis Act, aud
II ShAll he the dutN Uf the mrIuber ArPIhted to
make said rubscriplt u IL inedIA'ey Thereafter
sec. q The rLid Bard of SuprrVi.UF,, al such
tiM- ieT aft"F us til. pay Sn'ent sad subscription
sh u he required to te inAdr bt the InTrct'Ts ~!
sAid railroad company. shall hy an order rutrred
uIHn their jourfAi. direct the lizard Of KailruaG
Commit, ,si"nrrs # laid county, which bard shall
be composed "f The hartman - The Board VI Su-
prr,I-nts, the Audi;ur and Trrasur 1T .ad eoun
~, Ia Isu- pnud- III the sum If cue ihnsa nd do"
lar, rAch fr the f amount Il slld snhSe tIun
AnTesAId required To he paid bN FAid Iinar rd ~
Fr1t Tor Df rail D. q
-Aid Board ~ supervisors shah not he c"InI~lled al
aLy fame I" pa! larger iHs Alln,rb' than ten
Ter cent II SAID suhse TIptIun. aud II Is hrTebx de
ciArrd aud made optional Win them I" pay the
~holc Il said ubtcrp;i"n, at on time ur III any
Lesser Allnir ns, Uf mt lers tkEu per
each nE'Hih until sAId Sut,sc'IptiUn II alt paid -
SAd bond hail brAT n'rTrst at the rate ni pe
Mt per Annun fToi the date nf their SSuarce aud
the PRINCIPAL thrTeuf ShAll be made pa,Ahle on a
day criiA to h- tre, Ihsd in said bOuds. when
.hAl hot b- less thia hfteen n'r mure than tNrniI
N,Ars from their date, the Hoard Of supp
may, 10y IN order entered on theI' journal. dTrc'
and shall he payable az the once nf the TrrasuTrr
of tad county. he ILtr es' SuId iUuds shA II
be due and pay alhe srmI annual, 0IlK the
outstanding AID uIiai, ,.t sL .lI " made
pay alIe "n da! certain 20 be TpecIHrd III e"nP'ns
attChed :" saId bnnds Al tie once Of sald Treap-
ureT. before provided fhT til PAYNE nj OG ih,.
principal Of SAIi boud., sAd bund. ShAl be sIgned
by the Chairman Of sad BoaTi Of supervisors. the
Auditor, AID Treasurer ui Eald county. As such of
ficrrt and -Oficu Railroad Com s,iuiicT, and
when - siRn~d rhall he presrnted b, the Chairman
Of said BaTd uf SUJ~TNIfOTE u the CIrFk Of sald
. county, uitu shah cuuriersiRn the same ~ such
CLERK, IN the prrrncc II Lqu rum OF said IoATd VI
SuptTVisuTs, al meeting the rrVf and II thall ~
the dui! of -Ad ltUar ui sup to eAse tAe
fact NJ such c'GntrT'tgn " SaId b,nd. 10 be e..
tered nnn their jon na l. together ith the humber.
date a"i amount of each t-Ind rOuner sigurd b,
SAID .erk , and, Gpvh ihr cuunteTsIzLInE II GAIh
hOndA sAid Bard uf Sup-r, I.ut, shall cAu,r the
seal Of s~Id county to br AN 1rd IL each bInd ard
app"Ihs uhe ut tLeIT LunaT l.. d-lG, rr SAID h,ndy
10 the Srtt"t~iy Of the 'aid rlccr, lille Aid
nrnt" valley Railroad Company, Nhn.' dult II
shaII he ~ give TtceI the Gir, ~. the
number. date aud AMOUNT of each baud deliver
ed, which receipt shah Zee delivered tuthr Crrk II
tAid rOuniy. AID b' him nrd ia hiS o'fice. Sxr,
bonds shLl tx drawn payable "a the order IT the
fhcrrNllle d SacIAhruiu Valley EAIiroad Gun
panH, aud shAll BE- made pay thl- ht prIncipal and
ltrF,si. IN United siAtrs coin, AID nI'y be trans
fsTred b! sad c"'np1n!, b! WTItteH nr printed
trzIrfrT upon the back the; ruf rignt by III Prrs
idrnt aud secretary Of the bard of Direciors "
SAID "ItnpaLN.
q Ser. :. Coupons for he pterC.t shall be attach
. ed 10 each If said bondP IN such manner that The
. "a ma! Oe Icmv>td without n'utIIAtt"h To The
bnnd: and zach Vi sAId coHpon' sAAlI slxnrd Jy
said (1uB'v Treasurer. When the County Tr,a,
uT r,d W! any IEteTesi up,Hi Any Of the L-,ntts
issued uudrr ihe pr Visions Of this Act. il shall be
ms duty w. detact the cMpuus E,r the interest ~
. paid, A.h drlISrr tn" 'AIDe I" thc tlrrk II s4id
cou y! taxing HE receipt tirTriur and II sIa b.
the duty OF sH C"Tk L" he said ruupnu, ia hIs
onice, aud make report thereof 10 he said luArd
-, OF SupeTIIsoTs AT their next meeting.
sec =. II rhAIi lie the duty ui Ihr said Board of
SnperNisorS al The same tIHc other county tA4rs
are levied b, them in each year. t"I,,yatAx winch
shall he siHi-d the - kaiirCad ihIsrr.t Tax - suf
hclet u rAse the amount Of interest n uilTtd l.,
be paid EACH year "u the bOnd, isSurd uLdeF the
provisions Of thIs Act, and a. the came time other
county tA1eS aTe lew b! theh IN the year eight
cen hundred and sixty Fix, aud EF every JrAV
thereafter, a. III all the (rds .ued under iii.
Act shall have l'een paid and hqnIdAted. The said
lboaTd vi supervisors, should II be n"eSSsATy, ShA
levy tax i"f exceeding tW eve and half reIt. OIL
~ ll:lFaa af oh.
within SAID county, for The purpIsr Of naisInx
fnnd Tor the pay'hrht Oi said bUnds, lie stI i~d
the " Railroad FUND" Aud the .Ald Railroad In
teT,st IAN aud the rad Railroad Fund PRIV idrd for
10y hls Act. ~ all he dr mtd aud ken a. "a mart Of
and iditiohai 10 The RAIlrnad Fund AID the Rail-
road Interest FAX h'rrtnfnre PrN ided for IN an
Act ehiitird an Act to authorize the lhIAId Of Su
prr''"r, Il the County of I'll lh.rldn To subscrine
two hundred Thousand dollars To the capi Al stock
ot the flac~TN Ir and SarIai Valley kaiIruad
Company, and To pruvId. f thr pay urhl nf the
same, and "ther matters relating thrTetO approve
March tUrut! eighth, eighteen hundred and SIXTY
three. said take. shall br lrNied and oi~eted ~
the same malintT A. general iaArs for coii.iy p.,-
poses a"d hen eohrrted rhalI be paid 10 Ihr cunn
~ Treasurer, Who shLll Accuuut fT and drG eF the
same ever To said Railroad Commits ssioneTs Whose
du,y 1t shall br apply the same a. fIlu~s:
First-lhe RairO-d Int-rs-t Tax, to the nav.
mrnt of the iuteTert falling due on said Londs.
Sreond-fhr Railroad Fund, 20 the TrdrLnp ption
" said bonds as here natter provided.
Sec g. II there shall be collect ed such PARTON
OF said railroad Interest tax IN any one Ie a sum
greater thA" IL r. quiTcd Ia pay the annual
on the band issued nnder the prov i.Inns OF this
Act, 1t rhall lie the duty of the saId kAIlr,ad Com
missioner. t" transfer such surplu- to the said
Railroad FUND
Sec. 10 II HhAll be the duty OF said Railroad
commissioners 4" make arrangements for the pay
ment 0f the interest on said bond. At IeA.t thirty
days before lhe same fails dI- and in the event said
Interest tund shall he n-uiicie, { To meet such
payment the said Board Of supervisors .hatt, by
an oider entered on their journal direct the Audi
Tor OF sad county To draw warrant upon the
| IrRn. .nna II 4. l. g.