Daily Los Angeles herald., 1879-01-05
Pacific Coast News.
The Con venttop.

SACRAMENTO, Jan. 4th.-Consid.
GRAFTON of Revenue and Taxation
resumed. All the amendments
were releeted TIE be fsiiII39Swii ffsiiII9 Wig sub.
stItute, offered by Reed. was
passed: Every tract of land GEN.
tanning within its boundaries more
than one government section shall
be assessed and valued for the pur-
pose of taxation by sections or frac-
tional sections in such manner as
| the Legislature may by law direct.
Section five, which is closely re-
lated to Johnson's substitute for
section two, already passed, was
next considered.
The Committee rose and recess
was taken.
The whole taxation subject seems
so badly muddled now that it can
| only be Strengthened out by Com
mittee of Revision. Members dis
agree as to the real effect Of the
Johnson substitute. AS it stands,
constituting 1T with section five. dis
agreement becomes wider.
AFTERNOON.
In Committee of the Whole, on
Revenue and Taxation, section
five was under consideration. This
| section provides that a mortgage
or obligation by which a debt is se-
| cured shall be assessed and treated
| as an interest in the property.
Taxes are a lien upon the property
| and security, respectively, and may
be paid by either party. If paid by
| the owner of the security upon the
property affected thereby, it should
become part of the debt secured,
| but If the owner Of the property
| shall pay, it constitutes a payment
on the security, and the property,
less value of security, shall be as
sessed to the owner and the value
of the security assessed to the
MORTGAGE.
Evey offered az amendment, on
which the previous question was
called, the main question put and
Evey's amendment lost.
Heiskell moved to strike out Sec
ton five.
Winans offered an amendment to
strike out the word respectively"
from the section, which, he claimed,
would cure the defects complained
of in the section by making taxes a
lien on both property and security.
Harrington offered an amend
ment to add to the section, "that If
any security or indebtedness shall
be paid by such debtor or debtors
after assessment and before the tax
levy, the amount of such levy may
likewise be retained by such debtor
| or debtors and shall be computed
according to the tax levy for the
preceding year"
The Winans amendment was
adopted.
Herrington's amendment was
| next put to vote and adopted.
The motion to strike out the Sec
ton was lost.
Freeman offered an amendment
to add the words ''city and district"
after the word "county." Adopted.
Section six. Every contract
hereafter made by which debtor
Is obliged to pay any tax or assess
ment On money loaned or any
mortgage deed of trust or other
lien shall, as to any interest speci-
fed herein and as to such tax or as
sessment, be null and void.
Wyatt offered an amendment to
probate contracts for payment of
attorneys fees by debtors. Lost.
Section seven was called up. 1t
provides that corporations before
| filing certificates of incorporation
must pay into the State treasury
one hundred dollars for the first
$50, 900 and twenty dollars for every
additional $40, 900.
Reddy moved to strike out the
section, as it was a direct blow at
the mining interests of the State
and would be complete bar to in
corporations formed to develop the
wealth of the State.
Adjourned.
Suicide, Murder, Etc.
SAN FRANCISCO, Jan. 4.-Henry
and Thomas Tennis, guards at the
House of Correction, have been ar
rested on indictments found against
them by the Grand Jury, charging
them with allowing q prisoner
named o. G. Clark to absent him.
self from confinement on pleasure
excursions about town.
Peter Downey, a carpenter by
trade, a natiye of Ireland, aged
thirty-nine years, suicided to-day
at his residence, by cutting his
throat with plane iron.
| Lee An Yum, an actor in the
Quon Sun Yup Theatre, on jack
son street, was shot and instantly
killed this afternoon in the base
ment of the Yu Teen Look Theatre,
on the opposite side of the street.
An actor in the latter theatre, who
was In the room at the time, is sus-
pected to have done the shooting,
although he claims that deceased
twas killed by the accidental dis
Charge Of his own pistol.
T.. w. Casey, the sewer clean
ing ceptractor, indicted by the
Grand Jury, was arrested this af-
ternoon onfour charges OF felony
In connection with sewer contracts.
Treasure shipped and Received.
SAN FRANCISCO, Jan. 4th.-A
petition Is in circulation among
the banks here for the re-appoint-
ment of Linderman as Director of
the United States Mints.
Treasure shipped by the steamer
City OF Peking to-day: Silver bars,
$1S8. SS3; trade dollars, $1I,5OS;
Mexican, $s6, ,047; gold coin, I,443.
Among the importations by the
steamer Belgic, which arrived here
from Hong Kong on the I'd, were
one hundred thousand trade dol
lars, being part of the $40O, 900
reported as having been purchased