The San Francisco call., 1910-10-31
LEGAL and 0FFIcIAL-Con.

the governor shah make proclamation tnsFs9e, Ts2e
ssd eut # majority Of the vGse tse1 the same sEa
be and become void.
Sec. IL 1t shall be the duty Of the ser i, ~
asy Of state this act eony Or city
and county. II one be published therein:
throughout this state. for three months 1ss1 nss,
hundred snd ten: y the costs Of publication ssan
Ss 1sa out dus S drsus sns sa
as the India Basin Act" -. in con-
dict with the provisions Of this act are ners0s
W. r. PORTER.
President OF the Senate.
PA. STANTON,
Appf0'eo March Jan \. e G1pIETT. Governor
Of State the 25 day Of March A scrsssss p 1sos q
State By ]. Hoesch. Deputy
SENATE BILL NO. AGA.
Passed the Senate. March II. A. d. ISus'
Lewis A. Hilborn. Secretary of the senate
Passed the Assembly. March 20, a u iSoS'
Clio Lord, Chief Clerk of the Assembly
This bill was received by the Governor; ,lcS ms
23d day of March. A. D. 1909. az 81 SDbe the
p m E. G. Cooper. Private Secretary Oh 'n7
Chapter 623 An Act to provide for the Issue
and sale Of state bonds to create Iuha h-tcr 10,
the construction by the board OF staIs n1, ~
soImlssionsrs ssrhor for the a,st bay pr an seswa
wharves. piers state railroad, spurs, - - San
ments and appurtenances in the county ybe ei nav
ment of said bonds; to define the duties OF OF
state officers in relation thereto; 70 bnnsred
appropriation of thousand ,t,ng nvs said
dollars for the expense Of pr,nniIesi prhmIssion Of
bonds and to provide for the suDnA's
TINS act TO vote OF the peonle-
IA of - r-a1i reDre5tuIc0
In senate and assembly, DO enact as follows
Section l. For the purpose Of providing Iunu
for the payment of the Indebtedness nereoy 81
thorized TO be incurred by the board OF 1s FOR
harbor improvements consist of for the ereceion
OF seawall, wharves. piers slsts in fhe
county of San Diego. at a cost not to exceed one
million five hundred thousand dollars. "Iise snnrs
betterments and appurtenances the saia oVs.u a.
OF state harbor commissioners Tor san D,esv -
are hereby empowered TO construct n ~ .n1 srcesd
ner authorized by law, at cost not 10 eAesS =
one million five hundred thousand oona.S. the
state treasurer shall. Immediately aiIs[ 40 re
issuance of the proclamation OF the gossrno- a.
vided for In section ten of this act prepare NJ
teen hundred suitable bonds or the stseS N
dollars each. to be numbered from one to fifteen
hundred, inclusive, and to bear date OF tns ~
day of July, nineteen hundred eleven Inc 10 20,
tai issue OF said bonds shall not exceed tne sum
of one million FIVE hundred thousand doisrs, anu @
they shall bear interest at the sate o1 .o1 abere
of. The said bonds and the interest tnesson 81
be payable in gold coin Of the United staoss .S
state treasurer of said state. the second Gay
of July. nineteen hundred eighty-hve suo]ees,
hereinafter provided The interest accruing on
all of said bonds that shall be sold shall be psy
able at the office OF the treasurer OF tne slses
on the second day Of January and the seeVho e 9hu
day of July of each year after the sale OF tne
same At the expiration Of seventy bsu Ioql Cease
to bear interest and likewise all bonds reoeemeu
by lot as hereinafter provided shall cease 70 pear
and the state treasurer shall call in and forth
with pay and cancel the same ,t,o out or ,rn5 md
provided for in this act, and he shall on the gate
| of the maturity of said bonds cancel ana eesroy
all bonds not heretofore sold. All bonds re-
naming unsold shall at the date Of the maturity
thereof be by the treasurer Of the state canceiSu
and destroyed. All bonds issued pursuant 70 ,ns [
provisions of this act shall be signed by the
governor of this state countersgned by the state
controller and indorsed by the state treasurer
office on nf the second day Of July nineteen hun
he gfest seal ino Of S State Of
pressed thereon. and said bonds signed: counter,
signed indorsed and scd as nereln
upon the State Of California though the sale
thereof be made at date or dates ar,er tne per
son SC. signing. countersigning and indorsing or
either thereof shall have ceased TO be an In
cumbent Of said office Offices
Sec g Appended to each OF said bonds there
shau be interest coupons so attached that the
same NAV be detached without injury mutila-
tion Of said bonds. and SAID coupons & snam Ii+h os
graphic signature Of the state treasurer VINO
shall be in Office the second dag Of July,
paid on any of said bonds for such timesas may
intervene between the date Of said bond and
the day & OF sale hs S tbs purehsser 81
said bond, paid to the state at the time OF
such sale.
Sec. g. The sum Of one thousand ave hun
dred dollars is hereby appropriated out Of any
moneys in the state treasury not otherwise ap-
prorriated to pay the expense that may be In
5 prepared. The state controller is hereby
astEarized and directed to draw his warrant
bonds and the state treasurer is hereby directed
to pay the same
Sec 4 When the bonds authorized to be is
sued by this act shall have been signed, coun-
tersigned and endorsed. in section 1 pro-
yided the state treasurer shall sell the for
cash to the highest bidder In such parcels and
numbers as the governor OF the state shall
direct provided resolution requesting such
sale shall have been adopted by the board OF
and said board shall not pass such resolution
until In their judgment the sctuai harhcr re-
| Justify such sale of bonds and the consequent
Increased burden harbor receipts. Said resolu-
ton shall specify the number OF bonds neces-
the Judgment OF said board of harbor commission
| ers, shall be required at such time and the
| treasurer to sell such number OF said bonds to
raise said amount of money. and that said
| bonds shall be sold in consecutive, numerical
order The state treasurer shall not accept any
hid which is less than the par value OF the
bond plus the interest which has accrued thereon
between the date of sale and the last preceding
| interest maturity date The state treasurer may
| at the time and place fixed by him for such
sale continue such sale as 70 the whole or any
mart of said bonds ~ such time and place as
| he NAV at the time of such continuance desig-
nate Before offering any Of said bonds for sale
| fhe state treasure shall detach therefrom All
coupons which have matured or will mature
| before the date fixed for said sale The state
treasurer shall give notice Of the time and plsce
| of sale by publication In two newspapers pub-
| iished In the city snd county Of San Francisco
one newspaper published In the city Of Los
| Angeles, one newspaper Published In the city of
! San Diego and one newspaper published In the
citv of Sacramento once week for four weeks
neyt preceding the date fixed for such sale IN
| addition to the notice last above provided for
the state treasurer may give such further notice
/ ss he NAV deem advisable, but the expenses and
| cost of such additional notice shall not exceed
| the suue Of five hundred dollars for each sale =,
sdvertised The cost Of such publication shall
| he Maid out of the San Diego harbor improve
mont fund on controllers warrants duly drawn
! For that purpose, and the treasurer must paw fbe
same The proceeds OF the sale OF such bonds
shall he forthwith paid over BY said treasurer
| snto the treasury, and must be by him kent IN
| q senarate fund to be known and designated ss
the ssSan Diego Seawall Fund" and musf he
used exclusively for the construction OF ses
Vail. wharves. piers. state railroad. spurs bet