Los Angeles herald., 1892-10-18


is at the intersection of Third street
and Central avenue. The assessment OF
$348 he thought was too much. The
road was willing to pay $3.50 or 5000
rather than have q re-assessment, but
thought the entire amount too much.
Referred to the board of public works
and city attorney.
A contract and bond between the city
and w. II. Roper for widening the road
way at the end of Seventh street, was
approved.
LIVELY SEWER BONDS BIDDING.
The following bids were opened for
1896, 900 outfall sewer bonds:
George II. Stewart, Los Angeles. For
$295 900, par and accrued interest, and
$6268 75 premium; for the total issue,
par and accrued interest from date OF
delivery, the bonds to be delivered in
blocks of 100000 each to March, the
last block being S95, 900, and $S0O2 pre-
MUM.
I. J. Weldon, agent Puget Sound Bond
and Trust company, par, without ac-
crued interest, and $4,000 commission.
George Carson, Los Angeles, $120, 900
at q per cent premium, face value and
accrued interest.
w. j. Hayes & Sons, Cleveland, par,
and premium of $4,000.
E. II. Rolline & Sons, Denver, par and
accrued interest.
Pacific Investment company, Los An
geles, par and $6l42 premium.
Blair q Co., New York, by III. G. Bar
row, agent, par and accrued interest, and
$9904 premium.
w. j. Qintard. New York. par and
$7763 premium.
University Bank of Los Angeles, par
and accrued interest, and $500 pre-
MUM.
w. J. Mcdonald, representing Harris
& Co., Chicago, $404 1877 and accrued in
terest; that is, premium of $9137.
National Bank of California, Los An
geles, par and asks commission of 1896.
Splitter & Co., Toledo, par and pre-
MUM of $6S00
Lampracht Bros. & Co., New York,
par and $95l3 premium.
One bid came in after the hour set,
and it was not opened. The bids were
all referred to the sewer committee after
an unsuccessful attempt to refer to the
finance committee.
ATTACK ON THE BONDS.
In connection with the bids the fol-
lowing communication was read, and
referred to the same committee:
Los ANGELES, Oct. II, 1892.
To the Honorab Mayor aid Council OF the
City OF Los Angeles:
GENTLEMEN: On Saturday afternoon a
prominent citizen and taxpayer of your
city made application to me to bring
suit in the name of the people OF the
state OF California against your honora-
BILE body in your official capacity, and
against the city of Los Angeles. for the
purpose of declaring that the 1896 900 of
sewer bonds heretofore ordered to be
issued by your honorable body should
be declared null and void. After hear
ing the reasons for such action, l am
satisfied that such bonds are illegal.
First-Because the requisite number
of electors of said city did not vote at
the election; neither were there suffi-
cient votes cast for the purpose of Great
ing said Indebtedness represented by
said sewer bonds.
Second That your honorable body
has no jurisdiction to issue said bonds
under section 223 of the charter, in that
there is no provision of law providing
for the machinery OF issuing such bonds.
Third-Because said bonds are made
payable in gold coin, a provision which
cannot be inserted in the bonds unless
expressly authorized by statute; and
there is no statute authorizing such a
provision in reference to sewer and inn
provement bonds, or, in fact, for any
bonds except bonds issued to refund the
debt of the city or county.
Fourth-Jt is also contended that
there were defects in the ordinances
passed by your honorable body in re-
ference to the issuance of said bonds.
l do not desire to bring an action
without first giving your honorable body
a hearing. Therefore, if you have any
objections to the granting of the appli-
cation to bring suit, you will please
make the same known to me tomorrow
Tuesday, at l 80 p. m., at room 1913,
Westminster hotel, this city, at which
time l will hear and examine
whatever authorities you may have
to present in the matter. trust in the
meantime that you will take no steps to
dispose of said bonds, and that any con-
templated action upon that matter will
be continued until after our conference,
If any, tomorrow.
Yours respectfully,
VIM. III. II, HART.