Amador ledger., 1910-07-29

ON the bonds that may be sold and outstanding.
said treasurer shall monthly take from tho San
Francisco hnrbor improvement fund, and pay
into said seawall sinking fund. an amount
equal to the monthly interest then due on all
bonds then sold, delivered and outstanding
The board of stare harhOr cOmmi SsiOnerS are
hereby authorized and directed by the collec-
tion OF docknge, tolls, rents, wharfage and
crauage TO collect q sum Oi money sufhctent for
the purposes OF this act, over aud above the
| amount limited bg section two thousand five
hnnd ed ana twenty.siX Of the Political Code OF
| the state Of California. Between the first and
tenth day OF May, in the ear nineteen hun
dredi and hfty-One, and between the first and
/ tenth day OF May of each year thereafter.
until the maturity OF said bonds, the said
treasurer shall. IN the presence OF the governor,
proceed to draw by lot such IN amount of bonds
as shall be requisite to exhaust as nearly as
may be the amount in said sinking fund at that
| time and shall thereup0n and before the tenth
day OF June following give notice by public I'D
vorti semcnt to be insertcd twice week for Two
weeks IN two newspapers published in the city
and county Of san Francisco, and also in one
| newspaper published in the city OF Oakland,
aud also In enc newspaper published in the CITY
OF Los Angeles, and also one newspaper pup
/ lished ia the city of Sacramento, stating the
| number OF bonds so drawn and that the princi-
pal OF said bonds will be paid on presentation
| tn the treasurer on or before the second day OF
July following, and from and aftCr such last
| ma ued date all interest upon bon Is thus drawn
shall cease. n it shall be the dutS OF the Urea
| Suter rs soon AS said bonds so drawn by lot arr
surrendered To him and paid to cancel he same
and the interest coupons thereon, and each yetr
beginning with The year nlnetoeu hundred and
| hfty-oue the id treasurer shall in the man
ner aforesaid, proceed TO draw by lot such an
amount of bonds as shall be requisite TO eX.
haust as nearly as may be the amount in said
| sinking fund.- and proceed in the manner herein
above stated. After the payment OF all said
! bonds the surplus or balance remaining In said
! sinking fund, If any there be, shall 70 'thwith
bo paid into the san Francisco ha Dor improve
ment fund. Az the time OF The respective draw
| ings by lot, as aforesaid and also at the ma
| turity of said state bonds, said treasurer shall
| sell the United States or other bonds then In
said sinking fund mt governing market rates
| afe' advertising tbs sale thereof In the manner
hereinbefore provided for the sale of bonds here
| by authorized to b. issued. and shall use the
| proceeds for the payment OF such bonds as may
/ be drawn by lot, and at the maturity of said
bonds outsta nding shall pay and redeem said
matured outstanding bonds ont of said moneys
! in said fund in eXtingutShment OF said bonds on
, controllers warrants dlly drawn for that pdr
pose.
treasurer shall keep fuIl and particular accoult
and record of ali their proceedings under TINS
act. and they shall transmit TO the governor an
abstract of all such proceedings thereunder,
with an annual report To be by the governor llli
before the Legislature btennthlly ;and all DOCKS
and papers pertaining to the matter provided
for in this act shall at all times be open 10 the
inspection OF any p8rty Interested or the gov
grnor, or the atturney-general, or committee
of either branch Of he leg 81 ltlure or - joint
committee of both, or of any cilizen of the state
SEC 2. 1t shall be the uuty or the state Urea
Surbr TO paw LD5 interest OK Sdfu upuuS' MAJH
the same falls due, out of the sinking fund pru-
vided for ia this act OIL controller's warrants
duly drawn for that purpose. q
This act. if adopted by the peopie, snail
take effect on The thirty-first day OF December,
nineteen hundred and ten, as 10 all it's provi-
sions except those relating TO ana necessary
fot It's submission to the people, anu iOr rel urh.
ing, canvassing and proclatminG tie votes, ana
as to said excepted provisions tnlS act Snail
take effect immediatey
SEC This act shall be submitted ID tne
people of the State of California tor their raul
fcatlon at the next general election 10 be holden
In the month of November, nineteen Lundrcu anu
ten, and all ballots at SAID electlOn snail nave
printed thereon and Ut the end thereof. the
words, For he San Francisco daShOr Improve
ment Act OF 1909, and In the same square unuer
said words the following, in DrevlerLype: rms
act provides for the improvement OF san Fran
cisco harbor and for the payment 81 all costs
the eof out of the San Francisco Harocr I'M
provement Fund" In the square Immediately
below the square containing said words, there
shall be printed on said ballot the words:
Against The San francisco Harbor Improve
ment Act of 1909,' and immediately below shlu
words against the San Francisco Harbor lu-
proVement Act of 1909" in BREWER bype, shall
be printed, This act proviceS Tor Eho improve
nent of San Francisco harbor. ana Tor Gne pay
ment OF all costs thereof cut OF the san fran
CISCO Harbor Improvement FUND Opposite
the words For the san Francisco HarDor I'm
~ ioVement Act of 1902 and Against the San
Francisco Harbor improvement Act OF lW9
there shall he left spaces in whlch the voters
may make or stamp cross ID Indicate Wnether
NAASSS
ing for said act Suall do so by placing cross OPP
po,ite the words For the San Francisco Hdr
Dor Improvement Act of 1863 land q those Vot-
ing against the SAID act shall do so by placing
"A cross opposite the words Against ne san
Francisco Harbor Improvement Act OF l0Og "
The governor OF this state shall include the
submission of this act to the people, as aIore
said in his p, exclamation calling Tor SAID gen.
erAl election ,.
See TO- Ihe votes cast for or ag ainst this act
shall be counted, returned and canvassed ana
! a rpd n
same rules as votes cast fot SIats olncers' anu
if il Shall appear thai said act shall have re-
ceived 4 majority of all the votes cast Tor ahu
against it at said election as al resald, then
the same shall have effect as herelnDefore pro
vided and shall be irrepealable until thc prln-
cipal and interest OF the liabilities herein ere
ated shall be paid and discharged, and the gov
ernor shall make proclamation thereoI' DuI IL
! a majority of the votes ca't AS aloresalu are
against this act tnen lne sahe shall Do "nu
Sec. H. It shall be the duty of the secretary Oi
state TO have this act published in at least one
( newspaper in each county or city ana county II
one he published therein throughout this state
for three months next preceding tne general
election TO be holden in the month OF November
nineteen hundred and ten the costs OF uuollca
tion shall be paiu out of the San Francisco mar
bor Improvement fund, ON controllers warrants
duly drawn for that purpose.
sec IL This act may be known aud cited aS
the san Francisco HarbOr Improvement Acl
Sec l8. All acts and parts of acts in confic
with tue PROVISIONS OF thlS act arc herooS IL
peaed Nv - ,,,,ur,,o
President OF the Senate.
=. a. STANTON,
Speaker OF the Assembly.
Approved March 20, A. y. 1909.
! j ". GlLLETT, Governor
Endorsed: Filed in the office Of the Secretar!
Of state the 2, day OF Mach, a. ID 10 ., A.
o'clock p. NJ c. f. Curry, Secretary OF STATE
B. 5. Hoes h, Deputy. .
ASSEMBLY BlLLuNO. 900
/ pnsaed fhn AssemhlY. Mareh 4. A. D. 1905