The record-union., 1897-04-23

number, date of sale, amount, date OF
maturity, the name and Postoffice ad-
dress of purchasers, and, If exchanged
what evidence of indebtedness was re-
ceived therefor, which record shall be
open at all times for public Inspection.
No such bond shall be sold or eX-
changed for any Indebtedness OF
the district except by the approval OF
the Board of Directors or Trustees
thereof
Section g. The Board of Directors or
Trustees shall cause to be assessed and
levied each year upon the assessable
property of the district in addition TO
the levy authorized for other purposes,
a sufficient sum to pay the interest on
outstanding bonds, issued in conform
ity with the provisions of this Act, ac-
cruing before the next annual levy, ana
such proportion of the principal, that
at the end of five years the sum raised
from such levies shall equal at least
20 per cent of the amount OF BONDS
issued. at the end Of nine years at
least 10 per cent. of the amount, ana
at and before the date of maturity OF
the bonds shall be equal to the whole
amount of the principal, and the mon
ely arising from such leVies snail De
known as the bond fund, and shall be
used for the payment of bonds and IN
terest coupons, and for no other pur-
pose whatever; and the Treasurer shall
open and keep in his books separate
and special account thereof, which at
all times shall show the exact condltloh
of said bond fund.
Section t. Whenever there shall be IN
the bond fund of such district surplus of
$500 or more, over and above the inter
est maturing before the next levy, the
Treasurer shall give notice for two
weeks in one or more newspapers of gen
eral circulation, printed and published IN
the county in which such district is SIT
uated, stating the amount of such sur
plus, and that on the day and hour
named in such notice, sealed proposals
will be received at his office for the sur
render of bonds of the district, and shall
at the time and place named open the
proposals and accept the lowest bid;
provided, that no bid shall be accepted
| for an amount exceeding the par value
of such bonds with accrued interest; II
bids are not offered at par, or less suffi-
cient to exhaust the amount on hand
shall publish for the same time and in
| the same manner a notice that he will
| redeem a bond or bonds of said district,
giving the number or numbers thereof
, and that if not presented for redemp-
ton within thirty days after the date of
| the first publication of such notice, the
| interest thereon will cease, and the
amount due thereon will be set aside for
| the payment of such bond or bonds
whenever presented. If any such bonds
| be not so presented interest thereon shall
| cease, and the amount due thereon shall
| be set aside as specified in said notice
All redemption of bonds other than
| those voluntarily surrendered shall be
made in the exact order of their issu-
ance. beginning with the lowest or first
number.
Section ). This Act shall take effect
| Immediately.
INNAVIGABLE STREAMS.
| The Legislature also amended Section
| 6 of an Act to provide for the formation
! of protection districts for the rectifica-
ton of channels of innavigable streams,
and to prevent the overflow of the same.
The section, as amended, reads as fol-
| lows:
| Section 6. Having acquired jurisdic-
| ton, as provided in Section hereof, the
| Board of Supervisors shall cause sur
| vey of said contemplated Improvement
| to be made, or adopt a survey already
made; and a map Of the survey must be
! adopted by such board, and thereafter
| such survey and map shall be the plans
to be followed in making such improve
| a a
the adoption of such survey and map,
| and before any Commissioners report
of the assessment of benefits and award
of damages has been finally adopted and
| confirmed by the Board of Supervisors
as provided for by Section 16 of this Act,
| said Board of Supervisors may rescind
their action in adopting such survey and
map, and may adopt others in place
| thereof, or. by the affirmative vote of not
| less than four-ffths of ali its members,
said board may abandon it's contem-
| plated improvement and disorganize
! and abolish such protection district. in
which case the preliminary expenses al
! ready incurred for advertising and sur
veying shall be a county charge
RESPECTING TRADEMARKS.
| The amendments to the laws respect
| ing trademarks. and relating to the pun
! ishment of counterfeiting the same, will
| prove of interest to local manufactur-
| ers The sections as amended are as
| follows:
Section l. Section $50 of the Penal
! Code is hereby amended to read as fol-
| lows:
800. Every person who willfully repro
| duces. copies, initiates, FORCES or coun-
| terfeits, or procures to be reproduced,
| copied, initiated, forged or counter
! feited, any trademark usually affixed by
any person to his goods, which has been
duly recorded in the office of the Secre-
of Patents in the United States Land
! Office, or any label or brand. composed
! in whole or in part of a reproduction of
said trademark, or who affixes the same
to goods of essentially the same descrip-
| tive properties and qualities as those
referred to in the registration of such
| trademark, with intent to pass off. or to
assist other persons to pass off, any
goods to which such reproduced, copied,
initiated, forged, or counterfeited
J trademark. or label, or brand is affixed
| or intended to be affixed, as the goods of
! the person. firm, company, or corpora
| tion owning the said trademark, is guilty
Of a misdemeanor.
Section >. Section 351 Of the Penal
Code is hereby amended to read as fol-
| lows:
SOL Every person who sells, or keeps
for sale, or manufactures or prepares.
for the purpose of sale, any goods upon.
| or TO which anV reproduced copied imi-