The record-union., 1893-02-07

/ county, or city and county, board. COM
mission or municipal branch hereunder.
1t shall be the duty of those having au-
thority to order the work done to notify
the Board of County Supervis ors of the
county within which the work is to be
performed, OF the location, character and
/ the approximate cost of the proposed
| work, specifically naming every class of
/ physical labor to be engaged upon the
same. Thereupon the said Board of Su-
/ perVlsors shall proceed to ascertain the
| prevailing rate of wages paid in each class
OF physical labor SO designated and cer-
! lily to the same under its seal, which cer-
tlflcate the said board shall Immediately
| forward to the party or parties applying
therefor, The rate of wages SO deter
mined shall be included or entered among
anu as part OF the specifications for said
| work, and shall be included in and ac-
cepted as condition of the contract for
salu work. Failure to pay as high rate
| OF wages so established shall constitute a
preach OF said contract"
Inc provisions Of the bill do not apply
TO any work the cost of which is assessed
upon adjoining or benefited property.
PROTECTION OF FISH.
A great many bills have been intro
duced this session having in view The pre-
serVatlon or flsh and game. Senator Flint
generally looks after the sportsmen's in
terests, but Senator Fay has stepped in to
steal some OF mis- thunder, with bill to
! protect fish. The measure provides os
follows: Every person who shall use
or VINO shall assist in using, troll or
drag net for the purpose of catching fish
IN any bay. river, stream, slough, or in
any OF the waters of this State, or who
! puys, sells, or has in his possession or
eNhlolts Tor sale any fish taken or caught
by means of q troll or drag-net as afore-
said, in any bay, river, stream, slough. or
IN any OF the waters of this State OF else
where, Is guilty of a misdemeanor. and
upon conviction shall be fined not less
than one hundred dollars for each offense.
or IN default shall be imprisoned for a
| period OF not less than one hundred davs
in the County Jail. One-half of ali
moneys collected for fines for violation
OF the provisions of this chapter shall be
paid to the intormer, one-quarter to the
District Attorney of the county in which
the action is tried, and one-quarter shall
be paid into the Fish Commission
Fund.-"
Senator Whitehurst has introduced
measure requiring the publication of
semi-annual statements by corporations
and banks. Its provisions in detail are
as follows:
Each corporation and person, and all
corporations and persons, now or here
after doing a banking business in this
State, shall, in January and July of each
year, hIe for record in the Recorders
office of the county where the principal
Office OF such corporation, bank or bank
ers may be situated, the statement here
matter provided, verified, in the case of q
corporation, by its President or managers
and Its Secretary or Cashier. and in the
case OF private person or firm, by such
person or q member ofthe firm. provided,
that IN case of foreign corporation, such
statement shall be verified by the resident
agent or manager OF its business within
a rrNf Il,
ment shall also, in all cases, be published
In at least one issue, during said month,
OF some newspaper of general circulation
published in such county. and if there be
no such newspaper therein, then the pub
lcatlon shall be made in one newspaper
of general circulation published in the
city ana county of San Francisco, and in
one published i'll the city OF Sacramento,
in said State.
Ihe SAID sworn statement shall con-
tam a true statement of the amount of
capital actually paid into the treasury of
such corporation or banking business,
and OF the amount of the existing capital;
and under no circumstances shall any
note, check or other obligation of any
stockhoIder or proprietor be considered
as any part of the capital. Such state
ment shall also show the true amounts of
the assets and liabilities, and shall be so
ltemlzed as to show separately in the
assets the amounts of bills receivable, real
estate, stocks and bonds, cash on hand,
and other general items, making up the
total; and in the liabilities, the capital re-
serve fund, amount owing TO depositors,
and other general items making up the
total; and no asset shall be placed beyOud
its value, nor any liability less than its
true amount. Where the statement is.
made by local branch or agency of z
foreign corporation, it shall contain, in
addition to such statement of the capital,
assets and liabilities of such branch or
agency, copy of the last general state
ment OF the corporation, showing the date
thereof
THE directors of any corporation
which shall publish, or file for record, a
statement false in any particular shall be
Jointly and severally liable to any person
thereafter dealing with such CORPORATION
to the full extent of such dealing: and
any such corporation, person or persons
who shall fail to file for record and to
publish the statement by this Act re-
quired, shall forfeit to the county where
the same should have been recorded, for
the use of said comfy, the amount of
$500 for each delinquency. The Recorder
of each county shall, upon the payment
OF his fees therefor, record such state
ments in book to be kept by him for
such purpose, which book shall be prop
erly indexed, and kept as other public
records of his Office. The veritication of
such statements shall entitle them to
record without acknowledgment. Each
Recorder shall receive, for filing and re-
cordlng such statements, and for furnish
ing certified copies thereof, like fees as
may be allowed him upon grants of real
property"
The repeal of the Act entitled San Act
concerning corporations and persons en-
gagged in the business OF banking'' is
provided for in the bill.