The record-union., 1892-10-26
Official.

hereby authorized and directed. by the collec-
<lon of dockage. wharfage. tolls. rents ana
cranage. to collect a sum of money suthclent
therefor. over ana above LEe amount limited
by section two thousand five hundred and
twenty-six of the Political Code of the Stale
OF California After the payment Of all said
bonds the surplus or balance remaining IN said
sinking fund, If any there De. shall forthwith
be paid INTO The San Francisco HarbOr Inn
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, ana shall pay out the same in extin-
guishment OF said state bonds, Oh Controllers
warrants duly drawn for that purpose
Section s. The State Treasurer shall keep
fGll and particular account and record of all
his proceedings under this Act and he shall
transmit TO the Governor an abstract of all his
proceedings hereunder, With his annual re-
port, 10 be bv the Governor laid before the
Legislature; and all books and papers pertain
ing to the matter provided Tor 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 a Joint commit
tee OF both.
Treasurer to pay the interest on said bonds
when the same falls due, out of the sinking
;und provided tor in this Act, on Controllers s
warrants duly drawn FOR that purpose.
Section s. This Act, if adopted bythe peo-
pie as hereinafter provided for, shall take effecl
on the thirty-first day of December A. d.
eighteen hundred &llQ nlnety-LWO as 10 All It's
provisions, except those relating to and neces.
sary iOr its submission to the people, and for
returning, canvassing and proclaiming the
votes and as to said excepted provisions this
Act shall take effect Immediately.
Section 3. 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 NOVem Der. a. ID.
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 have printed on their ballots the words
For the san Francisco Depot Act" ana 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. and can
vassed, ana declared in the same manner and
subject TO the same rules as votes cast Tor
state officers; and if it appears that said Act
shall have received a majority of all the votes
cast for and against 1t at such election as
aforesaid. then the same shall have effect as
heretnbefOre provided, and shall be 1rrepeal-
able until the principal and interest of the
liabilities herein created shall be paid and dis
charged, and the Governor shall make procla-
mat on thereof; but ii a majority OF the votes
cast as aforesaid are against this Act, then the
same shall be and become void.
Section IL. Itshall be the duty of the Secre'
tarv 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 10 be holden in
The month OF November, A. d. eighteen hun
dred and ninety-two The costs OF such pub
ication shall be paid out fthe General Fund,
on Controllers warrants duly drawn for that
purpose.
Section 12. This Act may be known and
cited as the San Francisco Depot Act"
Section Is. All Acts or parts of Acts in con
1iict with the provisions of this Act are here
DyrepealeQ.