Los Angeles herald., 1892-10-29

adopt charters) )..........................-. f>o'
Also, at said election the. following Act of
ne s Sy % tne he bmegsaa
upon by the electors of said state, namely:
| FIRST
s Act 10 asesrsai. aud ert,yss tie su1 Of tie pse-
slsefiss ef Usiyed STATES Senators.
| WHEREAS 1t is expedient that the wishes
of the people Of this State upon the sub
| ject of the election of United States Sena-
therefore
zas Fse$s sftae STATE sf California, ystys~ated IN
| ,S<safs asa -dssrssSy, 40 enact az /sllesps.
SEcrioNl l., That thirty days prior to the
| shall issue his proclamation, calling upon
the electorst 20 signify. at said election, their
will as 70 the method of the, election of
/ United States Senators by placing upon the
ballots the words For the election of
United States Senators by the direct vote
OF the people or the words Against the
election of ULtted States Senators by a di-
rect rect woe @ Of ne people and the Inspectors
every poll in the State shall ascertain and
make returns of the number of votes cast
For the election of United States Senators
by the direct vote of the people" and the
number of votes cast Against the election
of United States Senators by direct vote
votes are required to be counted and re-
turned, and an abstract thereof shall be
transmitted by each County Clerk in the
State to the Secretary of State, in the same
manner that votes Tor State officers are now
required to be transmitted.
SECOND
An Net to b,oviae for tie issuance and sale of State
bonds TO create /nad/or the construction and
/aynisifng by the Beard Of State Hay6or Com
nsissionfrs @ a general terry and passenger
to create a sinking /und fer the payment Of said
bonds. and t,oviaing for the Submission Of this
Aefso a D'ofs Of the peeSe.
The Fsoblef the State Of California yebreseste i,s
Senate and Assenf6y, do enact asfol2o7cs;
SECTION l. For the purpose of providing
a fund for the payment Of the indebtedness
hereby authorized to be incurred by the
Board of State Harbor COmmis siOners, for
the erection and furnishing of a general
railroad, passenger, and ferry depot at or
near the foot t. Of Market IN the city
to exceed six hundred thousand dollars,
which the said Board of State Harbor Com
struct in the manner and method author.
lied by law, and at cost not to exceed said
six hundred thousand dollars, the State
Treasurer shall, Immediately after the is
suance of the proclamation of the Governor,
hereinafter provided for, prepare suitable
sand bonds in the denomination of one hun
dred dollars each; five hundred bonds, in
the denomination of five hundred dollars
denomination of one thousand dollars each
The whole issue OF said bonds shall not ex-
cesd the sum of six hundred thousand dol
lars, which said bonds shall bear interest at
the rate of four percentum per annum from
their date. ana shall be payable at the ONCE
nineteen years from their date. SAID bonds
shall bear date the first day of January, A.
d eighteen hundred and ninety-three, and
A. u. nineteen hundred and twelve. The in
terest accrufng on said bonds shall be due
and payable at the once of the said Treasu-
rer on the first day of January and the first
day of July of each year; fyoviasd, that the
| first payment of interest shall be made onthe
first day of July, A. d. eighteen hundred and
nfnRfV- q
have been heretofore issued. At the expi-
ration of nineteen years from the date of
and said Treasurer shall forthwith pay the
| same out of the San Francisco Depot Sink
ing Fund, provided for hereafter in this
Act Said bonds shall be signed by the Gov
| ernor, countersigned by the Controller, in
| dorsed by said Treasurer, and hall have
the seal of the state afhxed thereto
SEC. 2. Interest coupons shall be attached
| to each bond, so that they may be removed
| without injury or mutilation to the bond.
be signed by the State Treasurer. But no
| interest on any of said bonds shall be paid
| for any time which may intervene between
| the date of any of said bonds and the issue
| thereof to purchaser.
SEQ. g The sum of one thousand dollars
nsTeby by b% to FS ts sss ssa
| urer in having said bonds. prepared. Said
| amount shall be paid out of the San Fran
| cisco Harbor Improvement Fund. on Con-
troller's warrants duly drawn for that pur-
| pose.
SEC. A. When the bonds authorized to be
| issued under this act shall be duly executed,
numbered. consecutively. and sealed. they
| shall be by the State Treasurer sold at
public auction to the highest bidder for
| cash. and in such parcels as said Treasurer
| shall deem best; but he must reject any and
| all bids for said bonds, or any of them,
| which shall be below the par value of said
| bonds; and he may by public announcement
| at the place of sale, continue such sale, as to
| the whole or any part thereof, to any time
and place he may select Due notice of the
| place and time of sale of such bonds shall be
given by said Treasurer BY publication In
! two newspapers published in the city and
| county of San Francisco, and also in two
newspapers published in the city OF Oak
geles, and two published in the city, of Sac
| ramento, once a week for four weeks prior
to such sale: The cost Of such publication
| shall be paid out of the San Francisco Har-
| Dor Improvement Fund, on Controllers
warrants duly drawn for that purpose. The
proceeds of the sale of such bonds shall be
| forthwith paid over by said Treasurer into
| the treasury, and must be by him kept in a
| separate fund, to be known and designated
| as the ''San Francisco Depot Fund.- and
| must be used exclusively for the building
| and furnishing of said depot. Drafts and
warrants upon said fund shall be drawn