Amador ledger. (Jackson, Amador County, Calif.) 1875-19??, 1910-08-26

sinking fund at that time, and thereupon
and before the tenth day OF December iol.
lowing give notice by public advertisements
To he Inserted twice a week for two weeks in
two newspapers published in the county OF
san Francisco, and also IN one newspaper
published i'm the city Of San Diego, and also
In one newspaper published i'm the city OF
Los Angeles, stating the number of bonds SO
drawn, and the principal of said bonds VIII
be paid on presentation to the treasurer on
or before the second day of January, follow
ing and that from and after such last named
dale ail interest upon bonds thus drawn shall
cease and il shall be the duty OF the treas.
urer ms soon as said bonds so drawn by lot
are surrendered to him and paid TO cancel the
same, and the interest coupons thereon, ana
each year, beginning with the year nineteen
hundred and fifty, the said treasurer shall, IN
the manner Aforesaid, proceed TO draw by lou
such nm amount of bonds rs shall be requisite
to exhaust us nearlyas may be the amount
in said sinking fund, and proceed IN the man.
ner hereinabOve stated, After the payment
of all said bonds, the surplus or balance re-
naming in said sinking fund, If any there
be, shall forthwith be paid into the san
Diego harbor improvement fund. Atthe tlme
of the respective drawings By lot, as aiore-
said, and also at the maturity of said state
bonds said treasurer shall sell the United
states or other bonds then i'm said sinking
fund, mt governing market rates, after adver-
Using the sale thereof in the manner herein
before provided for the sale of bonds hereby
authorized to be issued, eand 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 ana redeem
said matured outstanding bonds out OF sald
moneys i'm said fund in extingushment of
said bonds on controllers warrants duly
drawn for that purpose.
SEC g. The state controller and the state
treasuserIshall keep full and particular ac-
count and record of all their proceedings I'M
der this act andthey shall transmit 10 the
governor an abstract of all such proceedings
Hereunder, with an annual report, to be by
the governor laid before tho Legislature bcn-
nially; and all books ana papers pertaining
ln1 Ia not a al
all times be open to the inspection OF any
party interested, or the governor, or the at
torney-general, or committee OF either
branch of the legislature, or u joint commit
tee of both or any citizen of the state
SEC. 7. 1t shall be the duty OF the state
treasurer to pay the interest of said bonds,
when the same falls dine, out of the sinking
fund provided for in this act, on controllers
warrants duly drawn for that purpose.
SEG g. Ths sct II Edopt9Sd fRs pSs oP
December, nineteen hundred and ten, as to
all its provisions, except tn ose relating to and
necessary for its submission TO the people,
and for returning, canvaSsing and proclaim
ing the votes. and as to said excepted pro-
visions this act shall take effect imme-
diately.
SEC. O. This act shall be submitted to the
people of the STATE of California for their
ratification at the next general election, 30
be holden in the month of November, nine
teen hundred and ten, and all ballots at said
election shall have printed thereon, and at
the end thereof, the words, - For the San
under the same words, " Against the San
Die go seawall act" and opposite said lines
there shall be left spaces in which the voters
NAV make or stamp cross TO indicate
whether they vote for or against said act, and
those voting for said act shSl do so By plac-
ing cross opposite the words For the San
Diego seawall act,' and all those voting
against the said act shall do so by placing
cross opposite the words Against The San
Diego se"wall act, act" -. The governor governor OF this this
act to the people, as aforesaid, in his procla-
nation calling for said general election.
SEC. TO- The votes cast*or or against this act
shall be counted, returned and canuusSed and
declarednn the same manner and subject to the
same rules as votes cast fSr state of1oers aud If
it appear that said act shall have received
majority of all the votes cast for and against it
at said election aforesaid, then the same
shall have effect as herei n before provided, and
shall be irrepeaable until the principal and in
terest OF the liabilities herein created shall be
paid and discharged, and the governor shall
make proclamation thereof; but If "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 bave this act publishedn at least one
newspaper in each county, or city and county. II
one be published therein throughout this state.
for three months next preceding the general
election to be holden i'm the month OF November,
nineteen hundred and ten, the costs of publica-
ton shall be paid out OF the San Diego harbor
improvement fund on o0ntroller'f warrants duly
drawn for that purpose.
SEC - The state controller and state treas
urer are hereby directed to transfer from any
moneys paid into the San Diego seawall fund
under the provisions of this act to the general
fund of the State of California, any and all sums
of money heretofore transferred from said gen.
eraldRnd to the San Diego seawHll fund. together
with interest on said moneys from the date OF
transfer at the rate Of four per cent per annum
SEC 49, This act may be known and cited as
the ''San Diego seawal act of 1909"
w. r.. PORTER,
President of the Senate.
+. A. STANTON,
Speaker Of the Assembly.
cxraI mill L
j. N. GILLETT Governor.
Endorsed: Filed in 0he Office of the Secretary
of State the 7th day of April, A. d. 1879, at II 05
O'Clock p. m. G. G. Curry Secretary of State
Nv I HOesch DENNY iV2g-l5