The morning call., 1892-10-26
POLITICAL.

must reject any and all bids for said Donds, or
any OF hem. which shall be below the par value
of said bonds and he may, by public announce.
ment at the place OF sale, continue such sae,
as to the whole or any part thereoi, 10
any time and place he may select. Due notice OF
the place ana time OF sale OF such bonds shall De
given by said Treasurer, by publication In TWO
ne wspapers published In the City and County OF
San Francisco, and also In two newspapers pub
llshed In the city of Oakland two published In
The city OF Los Angeles, and two published In
the city OF Sacramento, once week Tor 10uf
weeks prior to such sale. The costs OF such puo-
LEGATION shall be paid out OF the San francisco
Harbor Improvement Fund, on Controllers war
rants duly drawn for that purpose. The pro.
ceeds OF the sale OF such bonds shall be FORTH
with paid over by said Treasurer into the treas
ury. and must be by him kept In separate fund.
to be known and designated as the "San Fran
cisco Depot Fund" and must be used exclu-
svely for the building and furnishing OF said
depot. Drafts and warrants upon said fund shall
be drawn upon and shall be paid out oil SAID tund
In the same manner as drafts and warrants are
drawn upon and paid out OF The Sau francisco
Harbor Improvement Fund.
SEC. 8. For The payment OF the principal and
interest OF said bonds sinking fund, 10 pe
Depot Sinking Fund" shall be and the same is
hereby created, as follows: The State Treas
urer shall. on the first day OF each and every
the San Francisco Harbor Improvement Fund
the sum OF four thousand six hundred and thir-
ty-one dollars. and place the same In said San
Francisco Depot Sinking Fund. created by this
section. Said Treasurer shall, on Controllers
warrants duly drawn for that purpose. employ
the moneys In said sinking fund In the purchase
OF bonds OF the United States which said bonds
shall be kept In proper receptacle. ap-
pr0priatcly labeled; but he must keep always on
hand a sufficient amount OF money 10 said sinking
fund with which TO pay the interest on the state
bonds herein provided to he issued. And 10 pro-
vide means for the payment OF said sum OF nVe
thousand one hundred and thrty.one dol.
lars, monthly, from said San francisco Har-
Dor improvement Fund into said San Francisco
Depot Sinking Fund, and for The other payments
out OF said fund authorized by this Act and as
provided for therein. the said Board OF State
Harbor Commissioners are hereby authorized
and directed, by The collection OF d0ekage, wlaif-
age tolls, rents, and cranage, to collect sum OF
money sufficient therefor over aud above The
amount limited by section two thousand i've
hundred and twenty-slx OF The Political Code OF
the State OF California. After the payment OF
all said bonds the surplus or balance remaining
In said sinking fund, IL any there be, shall forth
with be paid into the San Francisco Harbor I'm.
provemenI Fund. AT the maturity OF said State
bonds the said Treasurer shah sell The United
States bonds then In said sinking fund, al gov
eintDg market rates, and place The proceeds 10
said san Francisco Depot Sinking Fund and
shall pay out the same IN eXttDguisbment OF said
State bonds, on Controllers warrants duly drawn
for that purpose.
SEC. g. The State Treasurer shall keep full
and particular account and record OF all bis pro-
ceedihgs under this Act, and he shall transmit TO
the Governor an abstract Of all his proceedings
hereunder, with his annual report, 10 be by the
Governor laid before the Legislature; and all
vided for In this Act shall al all times be open 10
the inspection OF any party interested, or the
Governor, or Attorney General, or committee
OF either branch of the Legislature, or a joint
committee OF both.
SEC. 7. 1t shall be the duty Of the State Treas
urer 10 pay the interest on said bonds when ths
same falls due, out of the sinking fund provided
for In this Act, on Controllers warrants duly
drawn for that purpose.
SEC. 8. This Act. If adopted by the people, as
hereinafter provided for shall take effect on the
Law DeSpmhpr A ID eighteen
hundred and ninety-lwO, as 10 ali lis provisions
except those relating 10 and necessary for It's
submission TO the people, and for returning, can
wasting. and proclaming the votes, and as 10
SAID excepted provisions this ACT shall take
effect Immediately.
SEC g. This Act shall be submitted to the peo-
pie OF The State OF California for their ratification
at the next general election, TO be holden in the
month OF November. A. ID. eighteen hundred ana
ninety.two; and the qualified electors of the
Stale shall, at said election, on their ballots,
vote for or against this Act; those voting for the
same shall write or have printed on their ballots
the words "For the San Francisco Depot Act"
and those voting against the same shall write or
have printed on their ballots The words against
she San Francisco Depot Act" The Governor
of this State shall include the submission OF this
Act 10 the people as aforesaid In his pfoelam%'
ton calling for said general election.
SEC. 10. The votes cast for or against this Act
shall be counted, returned and canyassed, and
declared in the same manner and subject TO the
same ules as votes cast for State officers; and
If 1t appear that said Act shall have received .
majority OF all tile votes cast for and against
It al such election as aforesaid, then the same
shall Lave effect as hefeinbefoIe provided and
shall lie irrepealsble until the principal and
interest of the Liabilities herein created shall be
paid and discharged, ana the Governor shall make
proclamation thereof; but II a majority OF the
votes cast aforesaid are against his Act, then
tile same shall BE- aud become void.
SEC. IL. 1t shall be the duty OF The Secretary
OF State 10 have this Act published In at least
one newspaper In each county, or city and
county, II one be published therein, throughout
this State, for three months next preceding the
general election TO be holden in the month Of
November, A. ID. eighteen hundred and ninety
TWO. The costs of such publication shall be paid
rants duly drawn for that purpose.
SEC. H. This Act may be known and cited as
the ''San Francisco Depot Act"
SEC. 10. All Acts or parts of Acts In conflict
with the provisions OF this Act are hereby re-
pealed.
THIRD
An Act to ascertain and express the will of the
people of the State of California upon the
subject of requiring an educational qualifi-
cation of voters.
WHEREAS, 1t is expedient that the wishes OF the
people OF this State upon the subject Of requir-
Ing an educational qualification OF VOTERS should
be unmistakably expressed, 10 order that future
Legislatures may be guided thereby. in sub
Knitting amendments 10 the Constitution Of the
State; therefore,
The People of the State of California. repre-
follows:
SECTION l. That thirty days prior to the
next general State election the Governor shall
issue his proclamation calling upon the electors
TO SIGNIFY al said election their viii as TO whether
an educational qualification should be required
OF voters In this State, by placing upon the BAL
lots The words "For an educational qualification
requiring every voter 10 be able 10 write his name
and read any section Of the Constitution in the
English language" or the words against an
educational qualification requiring every voter
10 be able 10 write his name and read any sec.
tiOn OF the Constitution In the English language"
and the Inspectors and Judges OF Election at
each and every poll In the state shall ascertain
and mako returns OF the number OF votes cast
.For an educational qualification requiring eSery
voter TO be able TO write his name and read any
section of The Constitution In the English Ian
guage," and the number OF votes cast against
an educational qualification requiring every
voter 10 be able TO write his name and read any
section OF the Constitution In the English Ian
son,ad IKE manner as other votes
and an abstract there OF shall be transmitted
by each County Clerk In the State to the SecTe-
iaiy Oh STATE. III inc same manner that the votes
for State officers are now required 10 be trans
mi,ted.
FOURTH
An Act to provide for the payment of funded
Indebtedness of the State of California, aud
to contract funded debt for that purpose.
The People Of the State of California, repre-
sented in the Senate and Assembly, do enact
rs IOilOWSs
SECTION l. For the purpose OF liqnidating and
providing for The paym Mt OF the funded lndebI-
edhess Of the State Of California hereinafter spe-
Cited and 10 lessen the burden Of taxation tire
Governor of The State, the Controller of State,
and the Treasurer Of State. and their SUCCESSORS
In office, shall constitute Board Of Commas
sioners, to be styled the Loan Commissioners OF
the State Of California, and shall have and exer-
else the powers and perform The duties herein
after provided.
SEC. 2. The said Loan Commissioners are
hereby authorized TO issue and sell not exceed
ing TWO million five hundred and tweuty-elgbt
thousand five hundred dollars 49,, 52S, 300 OF
the bonds OF said STATE. bearing interest at the
rate OF four per cent per annum, which interest
shall be payable semi. annually, In gold coin, on
the second days IN Aprl and October of each
year, at the Office OF the Treasurer of STATE
The principal OF said bonds shall be made paya-
bic In gold coin, within twenty years after the
date Of their issue, and shall be Of such denomi-
nations as the said Loan Commissioners shall
direct, but not less than five hundred dollars;
shall bear the date OF their issue, and shall be
signed BY the said Loan Commissioners. and shall