Amador ledger. (Jackson, Amador County, Calif.) 1875-19??, 1910-09-09
Notice to Voters.

Notice Is hereby given TO tho electors o! the
State OF California that the following acts will
be submitted 10 the people Of the State Of Cali,
fornia for their ratification nj the next general
election, to be holden on the eighth day Of No
vember, A, ID. 1910, to wit:
SENATE BILL NO. ass.
Passed the Senate, March 8, AID. 1919. Lewis
A. Hilborn, Secretary Of the Senate.
Passed the Assembly March 49, A. d. 1909.
Clio Lloyd, Chief Clerk OF the Assembly
This Bill was received by the Governor, this
10Th day OF March, A u. 1909, AZ II o'clock m.
E, Q. Cooper, Private Secretary Of the Governor
CHAPTER 800. An act to provide for the issu-
ance and sale OF state bonds to create a iund
for the improvement OF San Francisco harbor
by the construction by the board OF state
harbor commissioners ofwharves, piers, state
railroad, spurs, betterments and appurten-
ances hId necessary dredging and illing In
connection Herewith in the city AMI courtv
of San Francisco; to create u sink ng fund
for the payment OF said bonds, to define the
duties of state officers in relation thereti; TO
make an appropriation of tvo Thousand dol
lars for the expense OF printing said bonds F;
and TO provide for the submission OF this
act to a vote OF the people.
The people OF the state OF California. repre-
s9nted In senate AMI assembly, do enact as
follows:
SECTION For the purpose Of providing a
fund for the payment OF the indebtedness here
by authorized To be- incurred by the board Of
state harb0r commissioners Tor the erection OF
wharves, piers seawail. state railroad, spurs,
betterments and appurtenahcCs, aud necessary
dredging aud nlluq in connection herewith,
in the city aud county OF San Francisco, at
cost NOS To exceed nine million dollars
(which said whnrves, piers, s5A wall. state
railroad, spurs, bsttcrfnents aud aopurtcnances
and necessary dredging and Milling IN connec-
tion herewith hc board OF state harbOr
pOnml iOuers arc hereby empowered to con
struCt aud do IN the manner authorized by
law, and no cost not to exceed said nine
milllo dJ!lnrS) the state trea Surer shall i'm
mediatclH Wter ms issuance Of the procla
nation uf the governor, provided Tor iu sec
tton ~ hereof prepare nine thousand suit
able bonds of the State of California, in the de-
nomination OF ore JUouSu1d dollars each The
whole issu1 of sHu bonds shall not exceed the
sum OF nine miit3n dollars, Hud sHid bonds
snail bear interest ut tue rae OF four per
eentum per anuun. from the date Of issuance
thereof, and both principal ana interest shall
be payable IA gold coin ut the preSen; standard
value, and tn3N shall be payable ~ the Office
Df tbs ~ttte treas Or ~. ut the expiration OF
seveuty-'our years Iroa Their date. subject.
however, 30 iciemptiou byl iot rs ia this act
hereinafter provided. Sitid bonds shall bear
date tue Sc 'uud dug of July. a y nineteen hum
dred and eleven, and shail be made payable
on The second day OF July, nineteen hundred
and etghtt-dve I'dG interest nccrutug ON
such of said bonds sos are sOlJ. shall be duC ana
the second dly 90 january. and on tho second
STAY o. July, nt rlcl Nehr uftu' tGU sale OF no
same. provided tHSt lAe first payment ct in
tere@i snail hs VA goa 'to Ne'oli dag o Jdly
ninctcsu hundred and twelve. on So
many 81 said bonds rs Elpy have been thereto
fore sold 1T the e&Ntr1i luu seventy -i0gr years
from the date OF sAil DO DIS. all bonds sold sha
GC;ySe to batr interest. and likc@isc all bOGdS
redeemed b. 10 snail cct,e 10 bear interest aS
In inns act provided AMI the said state Treas
urer SHALL call ia, fVrt1Witl pay and cancel The
lame. our Of the moneys - the second san
Francisco se iWHl sinsiuE Iuut provided lor in
tails Hc, ANA he shall. GA tho flrSi Mond S. OF
July, niue cen handrcd and eghty-irc,
also calcel aud destroy Iii bonds not thereto.
fore sold. Al bonds is~u8i shall bs slgued by
the governor aud coun crsigned by the control
Ter, and SHALL bo endorsed bS the state treas
lrer, and the said DondS shall b, SO slgne /.
couhtersigued B1d endorsed by the officers who
are in once on The Geo ID day OF July, 1911 aud
state stamped thereon The SAID tOudS siEGci,
eOunter>igued, Hul endorsed ana Sc iled, rs
herein provided, when $, Id shall be and consul
tute valid and DirdinG obligation upon the
State Of California. though the sale thereof be
made ~ u date en- "a cS after ihe person sign
ing coun.srsigning and endorsing. or any or
than, shall have ceuSed Ia hu he jncInDeqS
Of such ogiccO Offices Each bond shall contain
u clause that 70 is subj get TO redunpton bY lot
after the We nineteen hundred lnd iitY
SEC. Interest coupons shall Dc ATTACHED to
'tch OF said hnud8 So that such coupons MAY
teremOyed without injury to o. mutil3uon OF
tle bond Said coupons snail be conSecutively
numbered, and saail b 'Hr the Autographed sig
nature OF the StHlC treasurer who shall be in
Oftlc on the second DAY OF July, 1911 But no
Interest on any of Sa1d bonds small be PAD Tor
any time which may Intervene between the dAtc
Of any of sad bonds and the issue and sale
thereof TO purchaser, ualesS such accrued In
terest shall have been, by the purchaser OF said
bond pHid to the state NJ the lime OF so d sale.
SEC 3. The sum Of five Thousand dollars is
hereby appropriated to pay the expense that
may be incurred bv the st'tc treasurer in hav-
ing said bonds prepared. sad amount snail be
paid cut OF the San Francisco harbOr improve
ment fund Oh CONTROLLERS warrants, duly drawn
for that purpose
SIC. 4 When the bonds authorized to be is
sued under This act shall be duly executed.
they shall be bf the state treasurer sold 1T
public uuction to the highest bidder for cash
in such parcels and numLec~ rs said treasurer
shall he directed bv the governor of the state.
under the seal thereof. after resolution re-
auesting such sale snall have been adopted by
the board OF state harbor commissioners, and
approved by either the governor of the STATE or
mayor of the city and county of san Francisco,
who shall only approve the same whel IN their
Judgment the actual harbor receipts, aud those
reasonably anticipated. will justify such sale
of bonds and the consequent increased burden
on harbor receipts; but said treasurer must re-
ject any and all bids for said bonds, or for any
of them. which shall be below the par value of
said bonds so offered. plus the interest which
has accrued thereon between the date OF sale
and the last preceding interest maturity date;
time nXed for the sale, continue Such sale as
to the whole OF the bonds offered. or any part
thereof offered, 20 such time and place rs he
may select. Before Offering any OF said bonds Tor
sale the said treasurer shall detach theretrom
all coupons which have maturrd or Will ma
ture before the date fixed for such sale.
Due notice OF the time aud place OF sale
OF all bonds must he gtvpn by said treas
urer by publication in two newspapers pup
liShed in the CITY ana county OF 0hh trhno'Scp'
and also by publication in one newspaper nuo-
lished i'm the city Of Oakland. tud by publicu-
tion in ono newspaper published in the city of
Los Angeles. AMI by publicau1n in one news
paper published in the city Of Sacramento, once
Is week during four weeks prior to such sale.
In addition 10 the notice last above provided
FOR the state treas lrer NAV give such further
notice as he may deem advisable, hut me eX'
pense aud cost OF such additional notice
shall not exceed the sum OF five hundred dol
lars (S5O0u9l for each sale so advertised
tna ~
OF tho san Francisco harbor improvement fund,
on controllers warrants duly drawn for that
purpose Tho proceeds Of the sale of suen
bonds except such amount ns may have
been paid as accrued interest thcrcoO
shall b. forthwith paid over by said treaslr
into the treasury, ana must be by him kept In
- separate fund, 10 be known aud designated rs
the SECOND san Francisco SGawall Furd" aud
1.,,1at Nm. Nod nNnlnsiNnlu fnr the cnnstrnnL M