Amador ledger., 1910-08-12


Francisco harbor improvement fund, and pay
into said seowall sinking fund. an amount
equal TO the monthly interest then due on all
bonds then sold, delivered and outstanding
The board OF state harhor commissioners are
hereby authorized and directed by the collec.
tion OF dockage, tolls, rents, wharfage ana
cranage to collect . sum Of money suhicient for
the purposes OF this act, over and above the
amount limited by section two thousand hve
hundred and twenty six OF the Political Code OF
the state OF California Between the frst ana
tenth day Of May, in the ear nineteen hun.
dred and ffty-one. and between the first and
tenth day OF May OF each year Thereafter;
until the maturity OF said bonds, the sald
treasurer shall. in the presence of the governor,
proceed to draw by lot such an 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 thereupOn and before the tenth
day OF June following. give notice by public ad-
vertisement to be inserted twice week 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,
and also In one newspaper published In the eliy
OF Los Angeles, and also one newspaper pub
lished In the city of Sacramento, stating the
number of bonds so drawn and that the prtnci-
pal OF said bonds will be paid on presentation
IN the treasurer on or before the second day OF
July following, and from and after such last
ma ned date all interest upon bonds thus drawn
shall cease, gn1 IL shall be the duty OF the trea
surer as soon as said bonds so drawn by lot are
surrendered to him and paid to cancel the same
and the interest coupons thereon, and each year
beginning with the year ntreteen hundred ana
ffty-one, the said 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 salu
sinking fund, IL any there be, shall fortnWltn
be paid into the San Francisco harbor improve
ment fund. AT the time OF the respective draw
| ings by lot, as aforesaid, and also at the ma
turity of said-state bonds said treasurer snail
sell the United States or other bonds then IN
sal d sinking fund, at governing market rates.
aztec advertising the sale thereof in the manner
herenbefore provided for the sale of bonds here
by authorized to be issued and shall use the
proceeds for the payment of such bonds as may
be drawn by lot, and at the maturity Oh sag sag
bonds outstanding shall pay and redeem said
matured outstanding bonds out OF said moneys
in said fund in extinguishment OF said bonds on
controllers warrants duly drawn for that pur
pose.
SEC 6. The state controller and the state
treasurer shall keep full and particular account
and record of ali their proceedings under this
act and they shall transmit to the governor an
abstract of all such proceedings thereunder
with an annual report to be blythe governor lald
before the Legislature biennially land all books
and papers pertaining to the matter provided
for in this act shall at all times be open TO the
inspection OF any party interested, or the gov
ernor, or the attorney-general, or committee
of either branch of The leg stature, or a joint
committee of both, or OF any citizen OF the state
SEC z. 1t shall be the duty of the state trea-
surer to paw the interest OF SAID bonds when
the same falls due, out of the sinking fund pro
vided for In this act, on controllers warrants
duly drawn for that purpose
| 8 This act IL adopted by the people, shall
take effect on the thirty y-hrst day of December,
nineteen hundred and ten, as 10 all its progi-
sions except those relating to and necessary
fot its submission TO the people, ana Tor return
| ing canvassing and proclaiming the votes. and
as to said excepted provisions this act shall
take effect Immediately.
people of the State of California for their rat'
ticatlon at the next general election TO be holden
in the month of November, nineteen hundred and
| far, nj ha1l ~
printed thereon and at the end thereof. the
words, For the San Francisco Harbor Improve
ment Act OF l909,' and in the same square under
said words the following, in BREWER type This
act provides for the Improvement of San Fran
cisco harbor and for the payment of all costs
thereof out of the San Francisco Harbor 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 said
words, against the San Francisco Harbor Inn
provement Act of 1907 in BREWER type shall
be printed, This act provides for the improve
ment of San Francisco harbor. and for the pay
ment of all costs thereof cut OF the san fran
CISCO Harbor Improvement Fund" Opposite
the words For the San Francisco Harbor I'm
provement Act of l909," and Against the San
Francisco Harbor Improvement Act OF 1919, "
there shall be left spaces in which the voters
may make or stamp cross 10 Indicate whether
they vote for or against said act and those Vot-
ing for said act snall do so by placing cross OPP
posite the words For the San Francisco Har-
Dor Improvement ACI VI lJUJ anu al IhooO WV
ing against the said act shall do so by placing
"a cross opposite the words Against The. San
Francisco Harbor Improvement Act OF 1903 !"
The governor of this state shall include the
submission of this act TO the people. as afore-
said in his proclamation calling for said gen.
eral election.
Sec. 10, The votes cast for or against this act
shall be counted, returned and canvaSsed ana
declared in the same manner and subject .tothe
same rules as votes cast for state officers; and
If it shall appear that said act shall have re-
ceived majority of all the votes cast Tor and
against it at said election us af treSa1d, then
the same shall have effect as heretnbefore pro-
vided, and shall be irrepealabe until the pr1n-
cipal and interest of the liabilities herein Gre
ated shall be paid and discharged, ana the gov.
ernor shall make proclamation thereon; but II
a majority of the votes cast as aforesaid are
against this act then the same shall be and
become void.
Sec IL, 1t shall be the duty Of the secretary Of
state to have this act published in at least one
newspaper in each county or city and county If
one be published therein, throughout this state,
for three months next preceding the general
election to be holden in the month of November,
nineteen hundred and ten. the costs of publica-
tion shall be paiu out of the San Francisco har-
bor improvement fund, on controllers warrants
duly drawn for that purpose
Sec l2 This act may be known aud cited as
the San Francisco Harbor Improvement Act
of 1907
with the provisions Of this act are hereby re-
pealed.
President OF the Senate.
p. A. STANTON,
Speaker OF the Assembly.
Approved March 20, A d. 1909
j N. GILLETT, Governor
ol In fhan oP .lvA-