The San Francisco call., 1906-05-21
LIMITED TO SOUTH.

Upon later suggestion 1t was re-
solved that the following paragraphs
be also included:
Such amendments to be limited to the
county of Los Angeles and the munich
palities thereof.
And for the purpose Of considering and
submitting to the electors Of the State at
the next general election q scheme where
by the city and county of Los Angeles
and the municipalities of the county may
secure an adequate water supply.
Paragraphs submitted by A. Ruef
providing for the ratification of char
ter amendment under the constitution
and for extending to San Francisco
the privilege Of amending her charter
during period of two years without
obtaining the Endorsement of the
amendments from the Legislature. the
amendments to take immediate force,
were passed by the joint committee
Gavin McNab proposed the following
amendment to the constitution pro-
viding for the Tightening of the term
Of municipal and other bonds and
postponing for twenty-five years the
first payment on the principal:
No. county, city. town or township
board of education or school district shall
incur any Indebtedness or liability in any
manner or for any purpose exceeding In
any year the income and revenue pro-
vided for such year without the assent Of
two-thirds OF the qualified electors there
of. voting at an election to be held for
that purpose, nor unless before or at the
time Of incurring such Indebtedness pro-
vision shall be made for the collection of
any annual tax sufficient to pay the in
terest on such Indebtedness as it falls
due, and also provision to constitute a
sinking fund for the payment of the prin-
cipal thereof, and unless provision shall
be made for a sinking fund to pay the
principal thereof to commence at time
after the mourning of such indebtedness
of not more than a period of one-fourth
of the time of maturity of such indebt-
edness, which shall not exceed 100 years
from the time of contracting the same;
any Indebtedness or liability incurred con-
trary to this provision shall be void.
MORTGAGE TAX.
Paragraphs providing for the more
equable adjustment of the tax on mort
cages were proposed by Garrett Nc
Enerney and passed by the committee.
Two acts were framed by McEnerney
covering the subject One is applic-
able to San Francisco and the other
to the entire State 1t was previously
urged by members Of the committee
that change of the mortgage tax law,
although wise and beneficial, would be
opposed by legislators from outside
districts and therefore the author sub
mitted the two acts with the idea Of
securing, If possible, the legislation for
San Francisco. The acts are framed
with the intention that they remain
in effect five years and if found bene-
fetal after that time they may be
made permanent.
e. S. Heller proposed that the Re-
gents of the State University be en-
powered to mortgage the property
owned by the institution on Sutter
street, formerly occupied by Nathan
Dohrmann & Co, to procure funds to
erect a State building and that they
also be empowered to enter into a long
term lease with the State Board of
Equalization for the occupancy of those
quarters by the local branches of the
State government. The matter will
come up for discussion later.
The matters for insertion in the Gov
ernor's call that have been approved
to date in addition to those mentioned
above, are:
The extension of time in civil proceed
ings to be limited to ninety days and
made at the discretion of the court.
Legislation looking to the making Of
ninety mine year leases on real estate.
Changes in the statutes of limitation.
Amendment to the bank commissioners
act.
Appropriations for Supreme Court and
First District Court of Appeal.
State building at San Francisco.
Repair and reconstruction of the State
Normal School at San Jose.
To pay compensation. expense. and
transportation of the National Guard and
the university cadets.
School laws relating to census, dany
average attendance and high schools
Amendments to collateral Inheritance