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CHAP. CXC.-[See volume of Amendments to the Codes.]

Election expenses; how raised.

Misdemeanor.

Certain acts declared unlawful.

CHAP. CXCI.- An Act to prohibit Piece Clubs," and to prevent extortion from candidates for office.

[Approved March 14, 1878.] The People of the State of California, represented in Senate and

Assembly, do enact as follows: SECTION 1. All payments and contributions of money for election expenses, made by candidates for office in this state, shall hereafter be assessed and made by such candidates by voluntary assessment among themselves, and not otherwise, and at meetings to be called for such purpose, at which meetings none but candidates for office at the next ensuing election shall be present or participate.

SEC. 2. Any person being a candidate for office in this State, who shall directly or indirectly pay, or knowingly cause to be paid, any money or other valuable thing to any person, as an assessment or contribution for the expenses of the election at which such person or candidate is to be voted for, except the contribution or assessment so agreed upon by such meeting of candidates, shall be deemed guilty of a misdemeanor, and, upon conviction, punished accordingly.

Sec. 3. It shall not be lawful for any committee, convention, or other association, formed for the purpose of nominating a candidate or candidates for office in this State, to levy, assess, collect, demand, or receive, directly or indirectly, any money or other valuable thing from any candidate or candidates nominated for office by such committee, convention, or other association, either for the expenses of printing or distributing tickets, or for any of the expenses of the election of such candidate or candidates, or as or for the expenses of such nominating convention, committee, or other association, or under or upon any pretense whatsoever.

SEC. 4. Any officer or member of any such committee, convention, or association, or other person, who shall vote for, aid, authorize, assist, or consent to any such levy, assessment, or collection from any candidate or candidates, shall be deemed guilty of a misdemeanor, and, on conviction, punished accordingly.

SEC. 5. Any person who shall demand, ask for, collect, or receive, either directly or indirectly, any money or other valuable thing from any candidate or candidates for office in this State, on the ground that such money or other valuable thing has been assessed to such candidate or candidates, or asked for, demanded, or required by any person, nominating convention, committee, or other political association, as or for the costs of printing or distributing tickets, or for the payment of election expenses of any kind or nature whatso

Misdemeanor.

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ever, or as or for the expenses of such nominating committee, convention, or association, shall, for each offense, be deemed guilty of a misdemeanor, and, on conviction, shall be punished accordingly; but nothing herein contained shall prevent the candidates at any election from assembling together and voluntarily assessing themselves for any expenses authorized by law for the common good of the ticket, and to collect and disburse the same by agents appointed for such purpose.

SEC. 6. Any person who shall voluntarily and unsolicited Misdeoffer to work for and assist, or in any manner whatsoever meanor. contribute to the nomination or election of any candidate or other person to any office in this State, for the purpose and with the intent to have such candidate or person pay for, or in any manner compensate such person so offering for such work or services, shall be deemed guilty of a misdemeanor, and, on conviction, punished accordingly.

SEC. 7. This Act shall apply only to the City and County of San Francisco.

SEC. 8. This Act shall take effect and be in force from and after its passage.

CHAP. CXCII.-An Act to provide for the substitution of bonds

of the City of San Luis Obispo in lieu of bonds of the Town of San Luis Obispo.

[Approved March 14, 1878.] The People of the State of California, represented in Senate and

Assembly, do enact as follows : SECTION 1. The Common Council of the City of San Luis Issuance Obispo are hereby authorized and empowered to issue bonds of bonds. of the City of San Luis Obispo, to the amount of fifteen thousand dollars, payable in the gold coin of the United States of America, at the office of the City Treasurer, in the City of San Luis Obispo, on or before the first day of January, in the year eighteen hundred and ninety-six, and bearing interest at the rate of eight per cent. per annum, payable annually, on the first day of January in each year, in the gold coin of the United States, at the office of the City Treasurer of said city.

SEC. 2. Said bonds shall be in sums of one thousand Requiredollars each, and shall be signed by the President of the ments. Common Council, and by the Treasurer of said city, and shall have the seal of the said city affixed thereto, attested by the Clerk of the Common Council of said city; and coupons for the interest on said bonds, signed by the Treasurer of said city, shall be attached to each of said bonds.

Sec. 3. For the payment, within eighteen years, of the Tax levied principal and interest on the bonds issued under this Act, the Common Council of said city is hereby authorized and directed to levy annually, at the same time and in the same manner as other city taxes are levied, a tax on all the taxa

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payment of interest.

Redemption of bonds.

ble property in said city, and to fix the rate of per cent. of such tax, over and above the amount provided by the Acts incorporating the City of San Luis Obispo, sufficient to pay the interest on all bonds issued as herein provided, not exceeding one per cent., and the fund derived from this tax shall be set apart and applied exclusively to the payment of the interest on the bonds herein provided; and in the year eighteen hundred and eighty-two, and annually thereafter, in addition to the tax for the payment of the interest, as aforesaid, a tax not exceeding one-fourth of one per cent. on each one hundred dollars valuation of taxable property in the said city shall be levied as aforesaid, to create a fund to be known as "The Redemption Bond Sinking Fund," for the final redemption of the said principal of said bonds, at the time when they shall become due, and the faith and credit of said city is hereby pledged for the prompt payment of the bonds issued by said city, as herein provided, and the final and complete redemption thereof; and any money so received by taxation shall not be applied or used for any other purpose than as herein provided.

Sec. 4. On the first Monday in January, in the year eighteen hundred and eighty-three, and in each year thereafter whenever there remains in the Sinking Fund aforesaid the sum of one thousand dollars more than will pay the interest then due, the City Treasurer shall advertise for four weeks in a newspaper printed and published in the said city, and in a newspaper published elsewhere, if the said Common Council deem such additional publication expedient or necessary, for sealed proposals, to be opened ten days after the last of said publications, by the City Treasurer, in presence of the President of the Common Council of said city for the surrender of bonds issued under this Act. The said advertisement shall state the amount of money on hand for the purposes of redemption, and they shall accept the lowest proposals at the rates, not exceeding par value, as will redeem the greatest amount of bonds until the amount of cash on hand is exhausted; provided, however, that in case a sufficient amount of ich bon shall not offered as aforesaid to exhaust the Sinking Fund as appropriated to the payment of the principal of said bonds, then it is hereby made the duty of the City Treasurer to advertise in a newspaper printed and published in the Town of San Luis Obispo for two months, which advertisement shall state the amount in the Sinking Fund appropriated for the payment of bonds as provided in this Act, and the number of bonds, numbering them in the order of their issuance, which said fund is set apart to pay and discharge; and if such bonds so numbered in said advertisement shall not be presented for payment and cancellation within ten days after the expiration of publication of such notice, then said fund shall remain in the city treasury to discharge said bonds whenever presented; but such bonds shall not draw interest after the expiration of said ten days after publication of notice as last aforesaid.

SEC. 5. The City Treasurer shall keep a full and true

Duty of
Treasurer.

Treasurer.

exchange

account and record of his proceedings under this Act and of bonds issued, substituted, exchanged, surrendered, and redeemed; and he shall transmit to the Common Council of said city an annual report, showing all his proceedings under this Act.

SEC. 6. It shall be the duty of the City Treasurer to pay Duty of the interest on said bonds, when the same falls due, out of money in the city treasury appropriated to the payment of the interest on the bonds issued under the provisions of this Act; and if the amount of money in said treasury so appropriated to the payment of said interest is not sufficient to make such payment, then he shall pay said interest out of the General Fund.

SEC. 7. Immediately after the passage of this Act, the City Treasurer of said city shall provide suitable bonds under this Act, under the direction of the Common Council of said city, and at the expense of said city.

SEC. 8. After the issuance of said bonds and before any Publication disposition thereof is made, the Common Council of said of notice to city shall, at a regular meeting of said Common Council, bonds. cause to be entered upon the record of the proceedings of said Common Council an order directing a notice to be inserted in some newspaper, printed and published in said city, and in other newspapers if they shall deem such additional publication necessary and proper, for not less than twenty days; said notice shall be directed to holders of bonds of the Town of San Luis Obispo, and shall contain an information to all parties holding bonds of said town that said Common Council is prepared to exchange bonds issued under this Act for and in lieu of bonds of the former Town of San Luis Obispo issued under the Act entitled “An Act to provide for the issuance of bonds of the Town of San Luis Obispo," approved March twentieth, one thousand eight hundred and seventy-six.

Sec. 9. At any time from and after the last publication Exchange of of said notice to holders of bonds, any person who is the mouds louw holder of bonds of the Town of San Luis Obispo, issued under the said Act, approved March twentieth, one thousand eight hundred and seventy-six, may file with the Clerk of the said Common Council sealed proposals, signed by the holder of such bonds or by his regularly constituted attorney in fact, or if such proposals be from a corporation, then by the Secretary and President of such corporation, for the exchange of bonds of the said town, issued under said Act, approved March twentieth, one thousand eight hundred and seventy-six; said sealed proposals shall contain a list of the bonds proposed to be exchanged, according to their numbers and amounts, and also the gross amount of bonds according to the principal in them named proposed to be exchanged, and an offer to exchange such bonds for and in lieu of a like amount of bonds issued under this Act.

SEC. 10. At the first regular meeting of said Common Same. Council succeeding the filing of the proposal or proposals for the surrender of bonds, as hereinbefore provided, the said Common Council shall publicly open all proposals that

made.

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may have been filed in accordance with the provisions of the foregoing sections of this Act, and if upon inspection thereof it appears that such proposals are in accordance with the provisions of said sections hereof, then there shall be entered upon the minutes of the proceedings of said Common Council an order of acceptance of the proposal or proposals for exchange of bonds, and directing that the Treasurer of said city take from the person or persons named in each proposal for the surrender of bonds an exact description of the bonds proposed to be surrendered in accordance with the provisions of this Act, and to register such description in the account and record relating to the bonds of the Town of San Luis Obispo, as provided for by section eight of said Act, approved March twentieth, one thousand eight hundred and seventysix; provided, that no proposal that contains a list and description of bonds for exchange less than ten in number, aggregating less than the sum of one thousand dollars as the principal in such bonds named, may be acted upon by said

Common Council. Exchange of SEC. 11. As soon as practicable after the entry of the bonds; how

order of acceptance of proposals for surrender of bonds and the entry of description of bonds proposed to be surrendered by the City Treasurer, as proposed by section ten of this Act, the said Treasurer shall, in the presence of the President and a quorum of the Common Council, proceed to exchange one bond issued as in this Act is provided, for and in lieu of ten of the bonds issued under the provisions of the said Act approved March twentieth, one thousand eight hundred and seventy-six; and he shall make an entry and description of each and every bond so exchanged, together with a description of the bonds received in lieu thereof in the record, as provided for by section five of this Act, and also a like entry and description in the record and account, as provided for in section eight of said Act approved March twentieth, one thousand eight hundred and seventysix.

SEC. 12. Immediately after the entries of descriptions of bonds, as in the preceding section is provided, all the bonds received by said Treasurer in exchange, under the foregoing provisions of this Act, shall, in the presence of said President and said quorum of said Common Council, be publicly burned and destroyed by fire, and the said Treasurer shali, at the next regular meeting of said Council, file with the said Clerk a written report of his proceedings, in compliance with the provisions of this Act, which said report shall be copied at length in the minutes of the proceedings of said Common Council, for preservation.

SEC. 13. This Act shall take effect from and after its passage.

be

Bonds burned.

CHAP. CXCIII.-[See volume of Amendments to the Codes.]

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