The San Francisco call., 1896-09-10
COMMERCIAL RECORD.
PACIFIC COAST BONDS.

The water bonds of Suisun have been printed
| in this City, and Mayor Long has been in San
| Francisco consulting with parties concerning the
| sale OF the same. The Sulsun Republican says
that Mr. Longs visit TO the City was satisfactory
one and it is probable that the bonds will be sold
in time to complete the work before the rainy sea-
| son is fairly begun.
| Suit has been begun against Professor T. s. C.
Lowe ana his wife, w. II. Holmes, the Los An
| geleS Safe Deposit and Trust Company and the
| Mount Lowe Hotel Company, corporation. trus-
| tees, foreclose a mortgage the property of
! Professor Lowe and his wife. The Indebtedness
arose upon promissory note for $50 900, and the
security is the improved real estate and the
Opera-house building at Pasadena owned by Pro
fessor Lowe. The complainant asks for the ap-
pointment of a receiver. The sum demanded is
$50, 900, with accrued interest the note and at
torneys fee and cost.
Since the first day Of last January, building per
mits representing expenditures aggregating $425-
575 have been granted by the Board of Public
Works of the city of San Diego.
The election in the Eureka (Calaveras County,
School District, determine concerning the issue
of bonds amounting to S400 in denominations Of
$50 each, bearing interest the rate of cent
per annum, will be held on the 18th inst
Bonds numbered g, 10, IL, 10, l3 IA, 15 and 6
of Marin County known as the refunding bonds,
third series with all interest accrued thereon will
be paid by the Treasurer OF Marin County, Thomas
j. Fallon, upon presentation, on or before Septem-
Der 2, at which date interest the bonds will
cease.
City Auditor GambeI Of Portland has succeeded
in selling $4,000 of the improvement bonds of
Portland to w. J. Cruthers bond buyer, who bid
par and accrued interest. The Portland Oregonian
thinks considering the of the market for
securities, this may be thought to be favorable
sale for the class Of bonds in question Auditor
Gam bell thinks that there is no reason why city
warrants not now good an investment as at
any previous time this year. The amount of out
standing warrants against the city of Portland is
SIS 900, as against something over $150,000 on
January l.
bond ordinance retire outstanding warrants, the
vote being IL TO 8, and 1t agreed to make the
rate OF per cent instead of per cent as
| originally proposed. Mayor Fawcett vetoed the
| unding plan and in attempt pass the ordI-
nance over the u ayors veto the Council failed by
a vote OF to g.
The Rialto Irrigation District has elected w. A
Norton president and ]. K. Mack secretary. The
directors hold their office another year, having
been elected for two years.
a ranch of seven acres at Elmhurst Alameda
County, has been sold san Francisco parties for
$4,000, according to the San Leandro Reporter.
During the month of August 1886, the Superin-
tendent OF Buildings at Los Angeles issued 2l4
permits, amounting to $211 1893, which included
15S new buildings at the cost of $2S6,l13. OF
these eighty-four frame cottages twenty seven
two-story frame dwellings, and among the others
three factory buildings three and dwell
ings combined, and altogether fourteen brick
buildings. In August, 1894 156 permits were is
sued for buildings, aggregating 1882 157, and in
| 1895, during the month OF August, 217 permits
were issued, the aggregate cost of the buildings
being $4629 955.