Amador ledger., 1910-09-02

on the bonds that may be sold and outstanding,
said treasurer shall monthly take from tho San
Francisco harbor Improvement fund, and pay
into said segwall sinking fund. an amount
| equal to the monthly interest then due on all
| bonds then sold, delivered and outstanding
/ The board Of state harbOr commissioners are
hereby authorized and directed by the collec-
tion OF dockage, tolls, rents, wharfage and
cranage to collect n sum OF money sufficient for
| the purposes OF this act. over and above the
| amount limited by section two thousand five
| hundred and twenty. six OF the Political Code OF
| the state Of California. Between the first and
| tenth day OF May, In the ear nineteen hun
dred. 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 an amount OF bonds
| rs shall be requisite to exhaust as nearly as
may be the amount in said sinking fund at that
| time, and shall thereupon aud before the tenth
day OF June following. give notice by public nd
| verttsement to be inserted 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,
and also In one newspaper published in the city
of Los Angeles, and also one newspaper pub
| lished in the city OF Sacramento, stating the
| number Of bonds so drawn and that the prnci-
pal of said bonds will he paid on presentation
| to the treasurer on or before the second day OF
July following, and from and after such last
ma ned date ~ interest upon bonds thus drawn
snail cease, II IL shalt be the duty OF the treh
surer as soon aS said bonds so drawn by lot ara
surrendered 10 him and paid to cancel the same
| and the interest coupons thereon, and each year
| beginning with The year nineteen hundred and
| hfty-one, the said treasurer shall, In the man
| ner aforesaid, proceed to draw by lot such on
| 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. Aftrr the payment OF all said
| bonds, the surplus or bal lance remaining in said
| sinking fund, II any there be, shall 70 'thwtth
| be paid into the San Francisco harbor improve
ment fund. AT the time OF he respective draw
| ings by lot as Aforesaid, and also at the ma
| turty of said state bonds. said treasurer shall
| sell the United States or other bonds then In
said sinking fund ut governing market rates,
afie advertising the sale thereof in the manner
herenbefore 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 outstanding shall pay and redeem said
| Inatured outstanding bonds out of said moneys
in said fund in eXtinguiShment OF said bonds on
controllers warrants duly drawn for that pur-
pose
seq G. The state controller and the state
treas lrer snail keep full and particular account
and record of all their proceedings under this
act, and they shall transmit to the governor an
abstract of all such proceedings TIL sreunder,
with annual report, to be by the governor laid
before the legislature hienninllv ;and all books
ami papers pertaining to the MATER provided
for in this act shall at all times be open TO the
inspection or any party in Interested, or The gov
ernur, or the attorney-gene ral, or committee
of either br inch OF The leg 81 sure. or - JOlut
committee of both or OF any citizen of the STATE.
SEC Z. IL shall be tLe u,tty CT the state trea-
surur to ptr the interest OF SAID ho1dS. when
the same falls due, out of the shaking find pro-
vided for ia this act, On c IutrOIlers Warrants
dIl ~ drawn for that purl oSe
This act il adopted by the people, snail
take effect on the thrt! first day of December,
nineteen hundred and ten. as 10 all its provi-
SiOnS except those re lhting TO and necessary
fCt is submission Ia the people and for ret u'l.
i've, canvassing and procllimtng the votes, ana
as to said excepted provisions thlS act shall
take effect imIeiiate,y.
SEC y This act snail be submitted to the
people of the State of California for their rati.
ticauon Ut the next general election TO be holden
in the mont of November, uinet cen hundred and
ten. ana Gll ballots at said election snail have
pri lIed thereon ana at the end thereof the
words, For The san Francisco Harbor Improve
ment Act o. 1919 and in the same square under
Sa'd woods the follow ing. in BREWER type: "Fhls
act provides for the improvement of san Ftan'
cisco haroor and for the payment "f all costs
the olf out OF the San Francisco HarbOr I'm
pro yement bund," In the square Immediately
b 3low the square containing said words, there
shall Dr printed on said ballot the words:
"Against the San francisco Harbor Improve
m-nt Act OF 1909" and imnl diately below said
words, against the san Francisco Harbor I'm
prove uent Act of 1862 in BREWER tyre, shall
be printed, This act provides Tor the improve
ulenl Of San Francisco harbor and for the pay
meat of all costs thereof CUT of the San Fran
t. SEQ harbor Improvement FUND.- Opposite
the words For the san Francisco Harbor I'm
y ovpment Act Of 1907 and Against the san
Francisco Harbor Improvement Act CT 1919,
there shall hB left spaces In when Inc voters
may make or stamp cross u Indicate whether
they No e for or against SAID act. ana those Vot-
ing for said act sual do so by placing cross OPP
poSitc the words For the san Francisco Har-
Dor Improvement Act Of 1903. and those vot
ing against tue said act shall do so by placing
IL cross opposite the words " Against me san
Fraucisco harbor Improvement Act of 1909
The governor OF this state sball include the
submission of this act to the people. as afore-
said, in his p defamation calling for said gem
erIl election
Sec TO- he votes cast for or against this act
shall be counted, returned ana canVaSSed ana
declared in the same manner and subject tothe
same ruIeS aS votes cn't for STATE oHlCerS' auu
ii il shall appear tina said act shall have re-
ceived ! majority of all the Notes cast for and
against it at said election u af res1ld then
the SAINT shall have effect as herelnOelore pro
Vided and shall be irrepc9labe until the prn-
cipal and interest of the liabilities herein Gre
ated shall be paid AMI discharged, and the gov
ernOr shall make proclamation thereof; DuG II
n majority Of the votes cat as aforesaid are
against this act then the same snail be and
Sec, H. 1t shall be the duty of the secretary Of
state TO have this act publ he'd in at least one
newspaper in each county or city ana county II
one be published therein, throughout TINS state,
fot three months next preceding the general
election to ne holden in the month OF November
nineteen hundred aud ten the costs or uOllca-
tion shall be pain out of the san francisco mar
Dor Improvement fund. on controllers warrants
duly drawn Tor that purpose.
l. sec II TINS act may be known aul cited as
the san Francisco Harbor Improvement ACT
OF 1909
Sec 10 All aets and parts of acts in conflict
with the provisions Of this act are hereby re-
peaed ~ =, ,,.,,..,.,
President OF the Senate.
Il. A. STANTON,
Speaker OF the Assembly.
Approved March 20, a -. 1909,
j n. GILLETT, Governor
Endorsed: Filed in the Office of the Secretary
of state the 2, day of MI Oh, a. ID ~ 8, at 4
O'clOcK p. NJ g, +. Query, Secretary OF State
5. =. Hoes h. Deputy.