Los Angeles herald., 1892-11-07

cisco Depot Sinking Fund, shall be and the
same Is hereby created, as follows: The
each and every month after the date of said
bonds take from the San Francisco Harbor
spdIoyemend sand s;S e4nd ne sum OF four tnou;
place the same in said San Francisco Depot
Sinking Fund, created by this section. Said
duly drawn for that purpose, employ tho
money in said Sinking Fund in the pur.
chase of bonds of the United States, which
receptacle. appropriately labeled; but no
must keep always on haad sufficient
am19nt n;nh t. OF money in said sinking fund with
herein provided to be issued And to pro.
vide means for the payment of said sum Of
dollars, monthly, from said San Francisco
Harbor Improvement Fund into said San
Francisco Depot Sinking Fund, and for the
other ayments out OF said fund authorized
by this Act, and as provided for therein, the
said Board of State Harbor Com missioners
collection of dockage, wharfage. tolls, rents
and cranage, to collect a sum of money sum.
eient therefor, over and above the amount
dred and twenty-six of the Political Code Of
the State of California. After the payment
of all said bonds the surplus or balance re-
manning in said sinking fund, If any there
be, shall forwith be paid into the San Fran
cisco Harbor Improvement fund At the
maturity of said State bonds the said Treas
urer shall sell the United States bonds then
in said sinking fund, at governing market
rates, and place the proceeds in said San
Francisco Depot Sinking Fund, and shall
pay out the same in extinguishment 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
his proceedings under this Act, and he shall
transmit to the Governor an abstract of all
his proceedings Hereunder with his annual
report, to be by the Governor laid before
the Legislatures; and all books and papers
pertaining to the, matter, provided for In
this Act shall at all times be open to the In
spection of any party interested, or the Gov
ernor. or Attorney-General, or committee
of either branch of the Legislature, or
SEC z. 1t shall be the duty of the State
Treasurer to pay the interest on said bonds
when the same falls due, out of the sinking
ler's warrants duly drawn for that purpose.
SEC 8, This Act, If adopted by the people,
feet on the thirty-first day Of December, A.
ID. eighteen hundred and ntnety-two, as to all
its provisions, except those relating to and
necessary for its submission to the people,
and for returning, canvassing and proclaim.
ing the votes, and as to such excepted
provisions this Act shall take effect immedt'
SEC. o. This Act shall be submitted to the
people of the State OF California for their
ratiiieSaation, at the next general election to
eighteen hundred and ninety-two; and the
qualified electors of the State shall, at said
election, on their ballots, vote for or against
write or have printed on their ballots the
words For the San Francisco Depot Act"
write or have printed on their ballots the
words Against the San Francisco Depot
Act" The Governor Of this State shall in
clude the submission of this Act to the .peo-
pie as aforesaid in his proclamation calling
for said general election.
SEC, TO- The votes cast for or against this
Act shall be counted, returned and can.
vassed. and declared in the same manner
and subject to the same rules as votes cast
for State officers; and If IL appear that said
Act shall have received a majority of all
votes cast for or against 1t at such election
as aforesaid, then the same shall have effect
as hereinbe ore provided, and shall be ire
pealable until the principal and interest of
the liabilities herein created shall be paid
and discharged, and the Governor shall
make proclamation thereof but If ma jor-
ity of the votes cast as aforesaid are against
this Act, then the same shall be an become
void.
SEC. II. 1t shall 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. D.,
eighteen hundred and ninety-two. The
costs. of such publication shall be paid out of
theGeneral Fund on Controllers warrants
duly drawn for that purpose.
SEC. l2. This Act ay be known al cited
as the san Francisco Depot Act"
SEC. l3; All Acts or parts of Acts in con-
fiict with the provisions of this Act are
hereby repealed.
THIRD
PIE 0f the State Of Caij/o,nia UPON the sn6jeel If
requiring educational qualifications ef soteys.
WHEREAS, 1t Is eXpcdient that the wishes
OF the peopl. of this State upon the sub
ject of requiring an educational qualiica-
tion of voters should be unmistakably ex-
pressed i'll order that future Legislatures
may be guided thereby in submitting
amendments to the Constitution of the
State; therefore,
Tie People Of the SAFE Of California; represented fn
Senate ana AssenbLy, do enact as fol2o7os:
SECTION l. That thirty days prior to the
next general State election the Governor
shall issue his proclamation calling upon the
electors to signify at said election their will
as to whether an educational qualification
should be required of voters in this State
by placing upon the ballots the words For
an educational qualification requiring every
any section of the Constitution in the En-
glish language" or the words Against an
educational qualification requiring every
voter to be able to write his name and read
any section of the Constitution in the En-
glish language" and the Inspectors and
Judges of Election at each and every poll in
the State shall ascertain and make returns
of the number of votes cast For an educa-
tional qualification requiring every voter to
be a BILE to write his name and read any Sec
t1on OF the Constitution in the English lam
geage," and the number of votes cast
Against an educational qualification re-
quiring every voter to be able to write his
name and read any section of the Constitu-
tion in the English language" in like man
ner as other votes are required to be counted
and returned 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 for State officers are now
required to be transmitted.
FOURTH
An act to provide for the payment of funded
Indebtedness of the State of California and
to contract funded debt for tn at purpose
The people of the State of California, repre-
sented in Senate and Assembly, do enact
SECTION |. For the purpose of liquidating
and providing for the payment of the funded
hereinafter spe -ifed, and to lessen the bur.
den of taxation, the Governor of the State,
the Controller of State and Treasurer of
State and their successors in Office shall
constitute Board of Commissioners, to be
styled the Loan Commissioners of the State
of California, and shall have and exercise
the powers and perform the duties herein
after provided [l
SEC 2. The said Loan Commissioners are
hereby authorized to issue and sell not ex-
ceeding two million i've hundred and
tWenty-eight thousand five. hundred dollars
@25Ss. 5OO OF the bonds Of said State, bears
ing interest at the rate of four per cent. per
annuIn, which interest shall be payable
semi-annually, in gold coin, on the second
days in April and October in each year at
the ONCE Of the Treasurer of State. The
principal Of said bonds shall be made pay.
able In gold coin within twenty years after
the date of their issue, and shall be of such
denominations as the said Loan Commits.
Sn sioners snail direct but not less than Ave
OF their issue and shall be signed
by the said Loan Commissioners, and shall
have the seal of the State af1xed thereto;
anu the 1a1th OF the State of California ts
hereby pledged for the payment of said
bonds and the interest accruing thereon, as
herein provided.
SEC s.. Coupons for. the interest shall be,