Los Angeles herald., 1906-05-13
WILL HOLD BOND
ELECTION May Il
CITY ATTORNEY MAKES UN.
QUALIFIED STATEMENT
Issue VIII Be for One and one-haIf
MiIlions--lmprovements Proposed
Are Recognized as Being
Urgently Needed

The bond election will be held May II. |
This statement, unqualified, was made
by Assistant City Attorney Hewitt yes
terday afternoon. There is nothing In
the state law to prohibit the holding
of a bond election on a legal holiday
and the city attorneys are convinced
that Dillon &c Hubbard, the bond ex-
perts, will find nothing in the act of
holding the election on a legal holiday
to invalidate the issue.
Next Thursday the people of Los An
geles will be asked 10 cast their ballots
for certain Improvements for which the
issue of $1,15O,000 worth of bonds is 10
be made. Every Improvement proposed
is recognized as being urgently needed
by the city. 1t means better fire pro-
lection, better police protection, better
sewers, more bridges, more small parks
and Fairgrounds and relief from the
storm water that annually does damage
to property during the winter.
Four Per Cent Bonds
The bonds will bear four per cent in
terest and it is expected will be as
eagerly sought by eastern bond buyers
as were the owens river bonds. The
favor with which the Owens river bonds
were received places Los Angeles ee-
curities among the gilt edge paper of
the commercial world.
Gifted by the improvements for which
the bonds are proposed. Most of the
Improvement societies in Los Angeles
have held meetings recently and passed
resolutions favoring the bond issue.
The big viaduct over the Arroyo Seco, \
q part of the expense of which will be
born by the street car company, will be
a big improvement hailed with delight
by the property owners of Downey ave-
nue. and northeast Los Angeles, 1t is
claimed. The bridge over Seventh
street and the one for the Arroyo de los
Pesos, which are included in the bond
issue, are bridges that property owners
have been patiently awaiting for years.
Benefits of Lateral Sewers
The southern part of the city will be
chiefly benefited by the network of
lateral sewers and the western part
of the city and business districts by
the storm drains.
Every part of the city will share
equally in the new fire engine houses
and police substations which will be
built and equipped with the bond
money. The small parks and play
grounds for which 100000 is to be ap-
propriated, will also be scattered over
the entire city.
1.-The bond election is of more than
ordinary Importance" said William
Dromgold yesterday.
Benefits Laboring Men
"In a general way the expenditure of
a million dollars by the municipality
means probably an expenditure of four
or five millions by Angelenos, and plac-
ing this amount of money in circulation
will mean plenty of work for all kinds
of laboring men and mechanics and al
great enhancement of all property. In
short, it means continued prosperity for
our city for years to come
Failure to carry these bonds at the
coming election will mean slump in
real estate in many localities 1t will
stop hundreds of thousands of dollars
of work now contemplated.
1.-THE building of the bridge and
viaduct connecting Buena Vista street
with Downey avenue and Pasadena
avenue, and the widening of Buena
Vista street to conform to Broadway
are two of the most important pieces of
work contemplated.
Economic Improvement
"This is one of the most economical
Improvements the city will be called
upon to make, and one of the greatest
single improvements to the city. The
improvement joins Buena Vista street
to Downey and Pasadena avenues by
one bridge with two approaches on the
north end. This improvement is esti-
mated to cost $4,000, of which amount
the Los Angeles railway will pay $780,
900 and the Southern Pacific $4,000. In
addition the Southern Pacific will deed
to the city twenty feet along Buena
Vista street, from Bishop to the river
distance of more than half mile This
will make safe and direct route and
avoid all surface railway crossings.
This will give the city the best and
cheapest entrance for the north side
and suburban districts. After building
this bridge Downey avenue will be
paved from the river to Alhambra
avenue cutting through the hill at the
east end of the avenue. The majority
of frontage for this improvement has
already been secured and the work is
only awaiting a favorable vote on the
bridge bonds. l am informed that the
paving of many other streets is also
contemplated"