The record-union., 1892-10-24
OHictul.

hereby authorized and directed, bv the collec-
tion Of dockage. wharfage. tolls. rents ana
cranage, to collect a sum Of money sufficient
therefor. over and above the amount limited
by section two thousand five hundred and
tweuty-six 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. II any there be. shall forthwith
be paid INTO the San Francisco Harbor In
provement Fund. At the maturity OF SAID
State bonds the said Treasurer shall sell the
United States bonds then in said sinking fund
at governing market rates, and place the pro-
ceeds in said san Francisco Depot Sinking
Fund, and shall pay out the same in eXtin-
gulsh1nent OF said State bonds, on Controllers
warrants duly drawn for that purpose.
Section 6. The State Treasurer shall keep
full and particular account and record of all
his proceedings under this Act, and he shall
transmit 10 the Governor an abstract of all his
proceedings hereunder, with his annual re-
port, TO be by the Governor laid before the
legislature and all books and papers pertain
ing TO the matter provided for in This Act
shall at all times be open to the inspection of
any party interested, or the Governor. or At
torney-General, or committee of either
branch OF the Legislature, or joint commit
tee Of both.
Section Z. It shall be the duty of the State
treasurer 10 pay the interest on said bonds
when the same falls due, out of the sinking
fund provided tor in this Act, on Controllers
warrants duly drawn for that purpose.
Section g. This Act, if adopted by the peo-
pie as hereinafter provided for. shall take effecl
on the thirty-first day of December, A. d.
eighteen hundred and ninety-two as TO all its
provisions. except those relating to and neceS-
sary for its submisSio ion to the people, and for
returning, canvassing and proclaiming the
votes, and as to said excepted provisions this
Act shall take effect Immediately.
Section 9. This Act shall be submitted to
the people of the State of California for their
ratification at the next general election to be
holden III the month OF November A. d.
eighteen hundred and ninety-two; and the
qualified electors of the State SHALL at said
election, on their ballots, vote for or against
this Act; those voting tor the same shall write
or nave 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
the san Francisco Depot Act" The Governor
of this State shall include the submission of
this Act to the people as aforesaid in his proc
lamation calling for said general election
Section 10. The votes cast for or against
this Act shall be counted returned ana can
vasSed, and declared in the same manner and
subject to the same rules as votes cast for
state officers; and if it appears that said Act
shall have received q majority Of all the votes
cast for and against it at such election as
aforesaid. then the same shall have effect as
hereinbefOre provided, and shall be irrepeal-
able until the principal and interest of the
liabilities herein created shall be paid and dis
charged, ana the Governor shall make procla-
nation thereof; but if a majority of the votes
cast as aforesaid are against this Act, then the
same shall be and become void.
Section II. ItshalI be the duty Of the Secre-
tary of State to have this Act published in at
least one newspaper in each county, or city
and county, if 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 hun
dred and ninety-tWo The costs of such pub
lication shall be paid out of The General Fund,
on Controllers warrants duly drawn Tor that
purpose.
Section 12. This Act may be known and
cited as the San Francisco Depot Act"
Section 13. All Acts or parts of Acts in con-
fiict with the provisions of this Act are here
by repealed.