Imperial Valley press., 1916-09-08

accordance with the provisions OF TINS
act.
treasury a fund to be known and des-
lisnated as the Second state Highway
Sinking Fund" The treasurer of the
state shall on the first day of July of
the year 1928, and on the first day of
July, of each, any and every year
thereafter in which parcel of the
OF this act shall become due, transfer
from the general fund of the state
treasury to the said Second state High
way Sinking fund such an amount of
as may be required to pay the princi-
pal of the bonds so becoming due and
payable in such years.
Sec. 6 The principal of all of said
bonds sold shall be paid at the time
the same becomes due, from the Sec
ond State Highway. Sinking fund, and
the interest on all bonds sold shall be
paid at the time said interest becomes
due, from the Second state Highway
Interest and Sinking fund. Both prin-
cipal and interest shall be so paid
troller of the state uDon demands au-
dited by the State Board of Control.
and the faith Of the State of Califor-
MIA is hereby pledged for the payment
of the principal of said bonds so sold.
land the interest accruins thereof.
Sec. Z. The state controller and state
treasurer shall keep full and particu-
lar account and record of all their pro-
Iceedings under this act and they shall
transmit to the governor in triplicate
an abstract of all such proceedings
thereunder with an annual report in
triplcate, one copy of each to be by
the governor, laid before each house
of the Legislature biennially. 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 governor,
or the attorney general, or commit
tee of either branch of the legislature
inin n nj
| citizen of the state.
Sec. s. The highway constructed or
acquired under the provisions of this
| act shall be permanent in character
and be finished with oil or macadam
or a combination of both, or of such
other material as in the judgment of
shall be most suitable and best adap
| ted to the particular locality traversed.
| The State Department OF engineering,
| in the name of the people of the State
of California, may purchase, or receive
Iby donation or dedication from coun-
ties or from public or private persons.
or it may lease, any right of way,
1rock quarry or land necessary or prop
er for the construction, use, improve
ment or maintenance of said State
Highway and shall proceed, if neces-
of the Code of Civil Procedure relating
to such proceedings any necessary or
lproper right of way, rock quarry or
land. The Department of Engineering
|
Ipower and authority to purchase. sell,
exchange, lease or otherwise acquire
or dispose of all supplies. stock, ma,
lterial machinery and implements and
do ali other things necessary or prop
er in the construction. Improvement or
maintenance of said State Highway.
accordance with law, shall have power
and authority to purchase, lease, or
erect plants for manufacture of ce-
ment, crushed rock and other mate
in, Or w n
and also the power to dispose of said
plants when no longer required for
lsucb purposes. With the exception of
Ithose public highways which have been
permanently improved under county or
permanent road division bond issues
within nine years prior to the adop-
within this state lying within the right
of way of said State Highway as de-
termined and adopted h.. the Depart
ment of Engineering shall be and the
same shall become part of the right
of way of said state Highway. with
out compensation being paid therefor;
provided, nothing herein contaihed d
Shall require the state to maintain any
highway along or on said right OF
way, prior to the completion or acqui-
Is!tion of the permanent improvements 3
contemplated by this act. Whenever
Ienv money received from the sale OF
bonds. under the provisions of this act
shall be expended in any county IN
this state, such county must Pay Pay INTO insp
las shall equal the interest, at the rate
iof four and one-half per cent per an
mum, upon the entire sum, sum or money 46s
bonds issued under this act within
such county in the construction or sald1
State Highway, less such portion OF OF
matured under the provisions OF TINS
Let shall bear to the total NUMBER OF
Ibonds sold and outstanding; provided
however, that in All cases Wne[e, o be be
iovcrcome or other good and suftIcien'
cause, the state Department or EnS
Inecring shall determine that inc coz.
of construction of any portion ol such
state Highway in any county: or couh
lies. is so great as TO entail an un
| inst and ineQuitable burden upon any
ssuch county, or counties, in refuhdlhs
10 Tho state the sums so paid Tor IN
torest upon the bonds soiu and the
nroceeds thereof applied as aforesaid
such county, or counties, snail not pe
rno,,;red TO refund the whole amount
of such interest. hut only such propor..
lion thereof as the state Departme,n, m
Of Engineering shail aaruott U We
TAR tT,'cted anJ or acquired under the pro
visions of this act shall be pcrmanen,. I.
IIv maintaired and controlled py 'he
ctote Of California. A..
Sec. 8. This act, if adopted by the
IneopIe, shall take effect on the thirty
FIRST day of December, 1916, as 10 az
its provisions except tnose ;sinS6 re;asiin6 70 10
q
The people and for returning, canvas
sing and proclaiming the votes, ana as
Ito said excepted provisions TINS &C.
hail take effect ninety days after the
fimai ID iournment of the present ses-
sion of the legislature.
| Soc 10. This act shall be submitted
Ito the people of the state of Calitor-
MIA for their ratification at the heHt
General election to be holden IN lhe
! nnontb of November, nineteen huhdred
land sixteen, and all ballots at such
election shall have printed thereon the
words "For the State Highway Act OF
1g15" and such other designation as
NAV be necessary to properly ldehlllS
thiS act. In a square immediately pc
Low the square containing said WORDS
There shall be printed on said paliol
Ithe words Against the state HlghWay
Hct of 1915" Opposite the words FOR
the state Highway Act of 1915 and
"Apainst the state Highway Act OF
1916" there shall be left spaces IN
ushich the voters may make or stamp
n cross to indicate whether they vote
For or against this act, and those Vot-
Iinr for said act shall do so by placing
a cross opposite the words "For the
state Highway Act of 1915 and those
votinp against said act shall DO so
Nv nlacing cross opposite the words
"SS rainst the state Highway Act OF
tot5" The governor of this state snail
linciude the submission of this act TO
AL