The San Francisco call., 1910-08-08
LEGAL AND oFF1cIAL-continued


existing section of the Political Code Of the
State Of California Between the first and tenth
day OF November, in the year nineteen hunuFea
and fifty and between the nrst ana tentn t ~ ~
Of November of each year thereafter ilhtu lne
maturity of said bonds the said treasurer snaH.
in the presence of the governor. proceed 20 draW
by lot such an amount OF bonds as snaH pc
rsouisite to exhaust as nearly as may be the
amount in said sinking fund ae that time, anu
shall theTeupon and before the sentn a,,ISe veg az
December following. give notice Dy puDuc du-
vertisement to be inserted twice Wees Ior
two weeks in two newspapers puoilsned In ,il tne
county of San Francisco. and also IN one news
paper published in the city OF san DleSo- anu
also in one newspaper published in Ibe clIy OF
Los Angeles. stating the number OF Donds So
drawn and that the principal Of said bonds VIII
be paid presentation TO the treasurer on or
before the second day Of January. folcss ing ana
that from and after such last named date, all
interest upon bonds thus drawn shall cease. ana
IL shall be the duty of the treasurer as soon as
said bonds so drawn by lot are surrendered TO
him and paid. to cancel the same. and tue m
terest coupons thereon and each year beginning
with the wear nineteen hundred and hfty. the
said treasurer shall. in the manner a1oresald
proceed to draw by lot such an amount OF bonds
shall be requisite TO exhaust nearly as
may be the amount in said sinking fund! and
proceed in the manner hereinabove stated AFTER
the payment OF all said bonds. the surplus or
balance remaining in said sinking fund. II any
there be. shall forthwith be paid into the San
Diego harbor improvement fund AT the time
Of the respective drawings by lot as aforesaid.
and also at the maturity of said state bonds.
said treasurer shall sell the United states or
other bonds then in said sinking fund, at govern
ing market rates, after advertising the sale
thereof in the manner hereinbefOre provided for
the sale OF bonds hereby authorized 10 be IS
sued. and shall use the proceeds for the pay
ment Of such bonds as may be drawn by lot. and
at the maturity OF said bonds outstanding snail
pay and redeem said matured outstanding bonds
out of said moneys in said fund in extinguish-
mert of said bonds on controllers warrants duly
drawn for that purpose.
Sec s. The state controller and the state
treasurer shall keep tull and particular account
act. and they shall transmit to the governor
an abstract Of all such proceedings Hereunder
vii d he nv the laid
before the legislature biennially; and all books
and papers pertaining to the matter provided
the inspection OF any party interested. or the
governor it or the attorney genera or SSH
joint committee of both, or any citizen or the
state.
treasurer TO pay the interest Of said bonds.
when the same falls due. ont OF the sinking
fund provided for in this act. on controller
warrants duly drawn for that purpose.
Sec. s. This act, If adopted oy the people;
December. nineteen hundred and ten. as 70 all
its provisions except those relating TO and nee
essary for its submission TO the people, and for
returning. eanvassing, and proclaiming the votes.
and as to said excepted provisions this act
shall take effect Immediately.
Sec. O. This act shall be submitted 70 the
people OF the State of California for their rati-
in the month OF November nineteen hundred and
ten. and all ballots said election shall have
Tnrds .For tSe Sam DIepo seawaI act and in
g separate line under the same words. Against
the San Diego seawau act" and opposite
said lines there shall be left spaces in which the
voters may make stamp cross to Indicate
whether they vote for or against said act. and
those voting for said act shall do so by placing
cross opposite the words For the San Diego sea-
wall act and all those voting against the said
act shall do so by placing cross opposite me
words Against the san Dlego seawSn act
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
See 10 The votes cast for Or against this
act shall be counted, returned and eanvasSed
and declared in the same manner and suoJect
TO the rules votes cast for state officers;
ard if it appear that said act shall have re
eeived majority of all the votes cast Tor ana
against it at said election aforesaid then
the same shall have effect hereinhefore Pro
vided, aud shall be trrepealable until the prlp-
eipaI and interest Of the liabilities herein Gre
ated shall be paid and discharged. and the
governor shall make proclamation thereof; but
il majority of the votes cast as aforesaid
are against this act. then the same shall be
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 be published therein. throughout
| this state for three months next preceding the
general election 10 be holden in the month OF
November, nineteen hundred and ten- The costs
of publication shall be paid out OF the san
| Diego harbOr improvement fund on controllers 3
warrants duly drawn for that purpose
\ Sec 12. The state controller and state treas
urer are hereby directed to transfer from anY
under the provisions Of this act to the general
I fund of the State OF California. any and all
/ sums Of money Heretofore transferred from said
/ general fund 10 the San Diego seawau fund.
\ together with interest on said moneys from the
date of transfer at the rate of per cent per
annum.
Sec. Is. This act may be known and cited
as the san Diego seawan act Of 1903" I"
W R. PORTER.
President Of the Senate.
P A. STANTON
Speaker Of the Assembly.
Approved April 16. A D. 1900.
J. n GILLETT. Governor
Endorsed: Filed In the office OF the Secretary
of State the 9TH dag Of April. A n 1900. at
| 1905 O'Clock p m c. F. Curry, Secretary Of
/ State Bv J. HOeSch. Deputy.