Los Angeles daily herald. [volume] (Los Angeles [Calif.]) 1873-1876, 1874-01-31
THE LIBRARY ACT.
An Act 90 Provide for the Estsblish-
ment OF u Public Library i'm the city
of los Angeles,

Section |. The Mayor and Common
Council of the City of Los Angeles are
hereby authorized to provide by ordin-
ance for the establishment of Public
Library in the city of Los Angeles, and
also for the purchase of suitable
lot, and to erect thereon q Libra
~ building; or to provide for the
purchase of lot and building as may
be deemed most advisable by the Board
of Regents hereinafter provided for
said lot and building together not to
cost more than (S15,O00) fifteen thou
sand dollars.
Sec. 9. There shall be elected, from
the citizens of the city of Los Angeles
by the Common Council, by and with
the approval of the Mayor, as soon
after the passage of the ordinance as
practicable, nine regents, who. to-
gether with the Mayor and Treasurer
who shall be ex-officio regents-shall
constitute the Board of Regents of the
Public Library. The Mayor shall be
ex-officio President of the said Board
of Regents. The nine regents elected
shall be classified by lot into three
classes, one of which shall hold their
offices for one year, another for two
wears, and the third for three years, or
until their successors shall be elected
and qualified. After the first election
three regents shall be elected annually
prior to the expiration of the term of
the outgoing regents, who shall hold
their offices for the term of three years
and until their successors are elected
and qualified. Elections shall also be
held when necessary to fill vacancies,
the regent elected to hold for the uneX-
pired term.
Sec. 3. The government, manage
ment and administration of the Lii
brary, and of its property and funds
shall be vested i'm the Board. OF Re
gents-and said Board shall also have
power to select the site, to determine
the plan, and to contract for and SUI
perintend the building of the library
building and the furnishing thereof;
also to draw warrants upon the Library
Building Fund hereinafter provided
for in payment of the purchase of said
lot and the erection aud furnishing of
said building.
Sec. 4. Said Board shall have power
to pass such bylaws as may be neces-
sary for the government Ofthe Library
and the administration of its business.
1t shall also have power to employ
librarian and such assistants and other
employees as may be necessary, and
to prescribe their duties and compensa-.
ton, and, by a vote of two-thirds OF
the Board, to remove them-alsO to
establish monthly rate not to exceed
fifty cents to be paid by all persons to
whom may be given the privilege of
taking books from the Library; to
purchase books, periodicals, papers,
pictures and all other things necessary
and proper for library anu reading
room and to receive loans and dona-
tions Of the same-alsO to purchase
the necessary furniture for the library
and reading rooms. The said Board
shall make an annual report to the
Common Council of its proceedings
and the state of the Library and Ii
brary funds.
Sec. ). To provide funds for the
erection or purchase of the library
building and the purchase of the lot
the Mayor and Common Council are
.authorized to issue bonds of the city
of the denominations of $50, 500 and
$500 bearing interest at eight per cent
per annum for sum in all not exceed
ing $4,000, which bonds shall be made
payable at the office of the Treasurer
of the city eff Los Angeles on the first
day of January, 1895, and the interest
thereon shall be made payable annu-
ally upon presentation of the coupons
Il. l.. Cat oh III he
signed by the Mayor and President of
the Common Council and shall have
the corporate seal impressed upon
them, and the coupons shall be signed
by the Treasurer. A register of the
bonds issued, showing the number
and amount of each bond. shall be
kept by the Clerk.
Sec. 6. The Mayor and Common
Council shall by ordinance provide for
the sale of said bonds, and the pro-
ceeds shall be paid into the treasury
and be set apart for the exclusive pur-
pose of purchasing a library building
and lot, or of purchasing Il lot and
erecting IA suitable library building
thereon, and furnishing said library
building, and shall be designated as
the Library Building Fund.-" and
shall be drawn out only upon warrants
of the Board of Regents.
Sec. Z. For the payment of the
principal and interest of said bonds
and for the current expenses of the
Library, it shall be the duty of the
Common Council of said city to cause
to be levied and collected annually
tax not exceeding ten cents on each
hundred dollars of the real and per-
sonal property in said city, of which
an amount at least sufficient to pay
the interest and five per cent. of the
principal of said bonds shall be set
aside in the Treasury, and known as
the "Interest and Sinking Fund of
the Library Bonds. Whenever, after
paying the interest for any year, there
may be $500 or more in said fund the
Treasurer shall advertise for four
weeks in newspaper published in
said city, for sealed proposals for the
surrender of said bonds, to be opened
by the Treasurer, in the presence
of the Common Council, in open
session thereof, one week after the
publication is concluded. Said adj
vertisement shall state the amount
Of money on hand for the pur-
pose of redemption, and shall re-
quire all proposals to be accompanied
with good security that the same shall
be carried out within ten days after
their acceptance-the class and form
of said security to be prescribed by Or
dinance. When said proposals are
opened the Common Council shall ac-
cept the lowest. at rates not exceeding
par value, as far as the cash on hand
will go. Said bonds, when redeemed,
shall be defaced by the Mayor in pres
ence of the Common Council, and a
record thereof made by the Clerk.
Sec. s. The balance of the tax
levied for library purposes, after the