said Treasurer annually, on the day of, in each and every year, on presentation and surrender of the interest coupons hereto attached. This bond is issued by the (Common Council, Board of Trustees, or other governing body, as the case may be), in conformity with a resolution of said Board, dated the day of. In testimony whereof the said city (or town) by its (Common Council, Board of Trustees, or other governing body, as the case may be) has caused this bond to be signed by its (Mayor, President, Chairman, or other presiding officer of such governing body, as the case may be), and attested by the Clerk, with the seal of said city (or town) attached, this day of (Mayor, President, Chairman, or other presiding officer, as the case may be). [SEAL.] Attest:, Clerk. And the interest coupons shall be in the following form: $- The Treasurer of the city (or town) of pay the holder hereof, on the day of office, dollars for interest on bond No. will at his , Clerk. bonds. SEC. 2. Whenever bonds issued under this Act shall be sale and duly executed, numbered consecutively, and sealed, they shall exchange of be delivered to the Treasurer of such city (or town), and his receipt taken therefor, and he shall stand charged on his official bond with all bonds delivered to him, and the proceeds thereof, and he shall sell the same or exchange them, under the direction of the Common Council, Board of Trustees, or other governing body of such city (or town), on the best available terms, for any legal indebtedness of the city (or town) outstanding, but in neither case for a less sum than the face value of the bonds and all interest accrued on them at the date of such sale or exchange. And if any portion of the said bonds are sold for money, the proceeds thereof shall be applied exclusively for the payment of liabilities existing against the city (or town) at the date of the order directing the issuance of said bonds. When they are exchanged for bonds, or warrants, or other legal evidences of city (or town) indebtedness, the Treasurer shall at once proceed to cancel the old bonds, and such other evidences of indebtedness, by indorsing on the face thereof the amount for which they were received, the word "Canceled," and the date of cancellation. He shall also keep a record of bonds sold or exchanged by him, by number, date of sale, amount, date of maturity, the name and Post Office address of purchasers, and if exchanged, what evidences of indebtedness were received therefor; which record shall be open at all times for inspection by the public. Whenever the holder of any bond shall sell or transfer it, the purchaser or transferee shall notify the Treasurer of such purchase or transfer, giving at the same time the number of the bond purchased or transferred, and his Post Office address; and every sale or transfer shall be noted on the record. The Treasurer shall also report, under oath, to the Treasurer to Common Council, Board of Trustees, or other governing report. body of such city (or town), on their first regular session held in each month, a statement of all bonds sold or exchanged ment of sale. Bond tax levy. by him since the preceding report, and the date of such sale or exchange; and when exchanged, a list or description of the city (or town) indebtedness exchanged therefor, and the amount of accrued interest received by him on such sale or exchange, which latter sum shall be charged to him as money received by him on the Bond Fund, and so entered by him on his books; but such bonds shall not be sold or exchanged for any indebtedness of the county except by the approval of the Common Council, Board of Trustees, or other governing body of such city (or town). No sale shall Advertise be made of any such bonds, except to the highest bidder, after advertising for bids for the purchase of the same at least once a week for not less than three successive weeks, in at least one newspaper of general circulation published in such city (or town). They may also give such further notice as they may deem expedient, the right being reserved in such advertisement to reject any or all such bids. The Common Council, Board of Trustees, or other governing body of such city (or town) shall cause to be assessed and levied each year upon the taxable property of such city (or town), in addition to the levy authorized for other purposes, a sufficient sum to pay the interest on outstanding bonds issued in conformity with the provisions of this Act accruing before the next annual levy; and such proportion of the principal that, at the end of five years, the sum raised from such levies shall equal at least twenty per cent of the amount of bonds issued; at the end of nine years, at least forty per cent of the amount; and at or before the date of maturity of the bonds, shall be equal to the whole amount of principal and interest; and the money arising from such levies shall be known as the Bond Fund, and shall be used for the payment of bonds and interest coupons, and for no other purpose whatever; and the Treasurer shall open and keep in his books a separate and special account thereof, which shall at all times show the exact condition of said Bond Fund. Redemption of bonds. SEC. 3. Whenever the amount in the hands of the Treasurer belonging to the Bond Fund, after setting aside the sum required to pay the interest maturing before the next levy, is sufficient to redeem one or more bonds, he shall publish once a week for two weeks in some newspaper of general circulation published in such city (or town), if there be one, a notice to the effect that he is prepared to pay such bond or bonds (giving the number thereof), and that if the same are not presented for redemption within thirty days after the first publication of such notice the interest on such bonds will cease. He shall at the same time deposit in the Post Office a copy of such notice, inclosed in a sealed envelope, with the postage paid thereon, addressed to the owner or owners of such bond or bonds, at the Post Office address of such owner or owners, as shown by the record thereof kept in the Treasurer's office. If such bond or bonds are not presented within the time specified in such notice, the interest thereon shall then cease, and the amount due be set aside for the payment of the same whenever presented. All redemptions of bonds shall be made according to priority in the order of their issuance, beginning at the first number. SEC. 4. Should there remain in said Bond Fund any Surplus. money after all such bonds shall have been redeemed, the balance so remaining shall be paid into the General Fund of such city (or town), and become a part thereof. CHAPTER LXXXIII. An Act making an appropriation for a deficiency in the appropriation for postage and expressage in the office of Superintendent of Public Instruction, for the thirty-third fiscal year. [Approved March 15, 1883.] The People of the State of California, represented in Senate and tion. SECTION 1. The sum of one hundred and fifty-eight Appropria dollars and fifteen cents is hereby appropriated out of any money in the State treasury not otherwise appropriated, to pay the deficiency in the appropriation for postage and expressage in the office of the Superintendent of Public Instruction for the thirty-third fiscal year. SEC. 2. This Act shall take effect immediately. CHAPTER LXXXIV. An Act to appropriate the sum of three thousand three hundred dollars for the purpose of paying the rent of the Hastings College of Law, San Francisco. [Approved March 15, 1883.] The People of the State of California, represented in Senate and tion. SECTION 1. The sum of three thousand three hundred Appropriadollars is hereby appropriated out of any money in the State treasury not otherwise appropriated, to pay the claim of the Society of California Pioneers for rent of rooms for the use of the Hastings College of Law; being for three years, viz.: commencing July first, eighteen hundred and eighty, and ending July first, eighteen hundred and eighty-three. draw warrant. SEC. 2. The Controller of State is directed to draw his Controller to warrant in favor of said Society of California Pioneers for the sum of thirty-three hundred dollars, payable out of the General Fund in the State treasury. SEC. 3. This Act shall take effect immediately. Appropria tion. CHAPTER LXXXV. An Act making an appropriation for a deficiency in the appropriation for traveling expenses of the Superintendent of Public Instruction for the thirty-third fiscal year. [Approved March 15, 1883.] The People of the State of California, represented in Senate and SECTION 1. The sum of one hundred and twelve dollars and eighty-five cents is hereby appropriated out of any money in the State treasury not otherwise appropriated, to pay the deficiency in the appropriation for traveling expenses of the Superintendent of Public Instruction for the thirtythird fiscal year. SEC. 2. This Act shall take effect immediately. Salary. CHAPTER LXXXVI. An Act to add a section to an Act entitled "An Act to establish a Political Code," approved March 12, 1872, relative to the salary of the Clerk of the State Board of Equalization. [Approved March 15, 1883.] The People of the State of California, represented in Senate and SECTION 1. A new section is added to the said Code, to be called section three thousand seven hundred and one, and to read as follows: 3701. The salary of the Clerk of the State Board of Equalization is twenty-four hundred dollars per annum. SEC. 2. So much of section three thousand seven hundred of said Code as conflicts with this Act is repealed. CHAPTER LXXXVII. An Act making appropriation for a deficiency in the appropriation for the support of the State Prison at San Quentin for the thirty-third fiscal year. [Approved March 15, 1883.] The People of the State of California, represented in Senate and SECTION 1. The sum of nine hundred and seventy-six dollars and fifty-five cents is hereby appropriated out of any tion. money in the State treasury not otherwise appropriated, to Appropriapay the deficiency in the appropriation for the support of the State Prison at San Quentin for the thirty-third fiscal year, arising from the expenses of criminal trials and guarding and keeping convicts, incurred under section one hundred and eleven of the Penal Code. SEC. 2. This Act shall take effect immediately. CHAPTER LXXXVIII. An Act making appropriation to pay deficiency in the appropri ation for repairs to State Capitol building and furniture, and purchase of carpets, for thirty-fourth fiscal year. [Approved March 15, 1883.] The People of the State of California, represented in Senate and tion. SECTION 1. The sum of one thousand dollars ($1,000) is Appropriaappropriated out of the General Fund in the State treasury to pay a deficiency in the appropriation for repairs to State Capitol building and furniture, and purchase of carpets, for the thirty-fourth fiscal year. SEC. 2. This Act shall take effect immediately. CHAPTER LXXXIX. An Act providing for submitting to a vote of the qualified electors The People of the State of California, represented in Senate and bonds to be SECTION 1. Any county or city and county in which the Issue of Board of Supervisors may declare by resolution, that the in- submitted to come and revenue provided for it for the fiscal year ending vote. June thirtieth, eighteen hundred and eighty-three,,will not be sufficient to carry on the government of such county or city and county until the commencement of the fiscal year beginning July first, eighteen hundred and eighty-three, may, by resolution adopted by a majority of such Board, and with the approval of the presiding officer thereof, submit to a vote of the qualified electors of such county or city and county a proposition to issue the bonds of such county or city and county in a sum not to exceed five hundred thousand dollars, in accordance with section eighteen, of article eleven, of the Constitution of the State of California. SEC. 2. The said Board of Supervisors are granted full |