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Collection: Directories and Documents > Tanis Thorne Native Californian & Nisenan Collection

Acts of the California Legislature relative to the Indians (7 pages)

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Loan not excceding $560,000 may be negotiated. Bonds to be provided, Bond, how signed, and to whom made payable, &e, * — Comptroller to ~ register bonds, Coupons for interest. Lean, how and when may be negotlated, LAWS OF THE STATE OF CALIFORNIA. Chap. 134. AN ACT authorizing the Treasurer Of the State to negotiate a loan upon the faith and credit of the State, Sor the purpose of defraying the expenses which have been and may be incurred, in suppressing Indian Hostilities in this State, in the absence of adequate provision being made by the General Government. Passed February 15, 1851. The People of the State of California, represented in Senate and Assembly, do enact as follows : § 1. By virtue of the power given to the Legislature by the Constitution of this State, article eighth, “In case of war to repel invasion, or suppress insurrection,” a loan not exceeding five hundred thousand dollars is hereby authorized to be negotiated upon the faith and credit of the State, payable in ten years, and at any period after five years, at the pleasure of the State ; said loan to bear a rate of interest not exceeding twelve per cent. per annum, payable annually or semi-annually, at such place as the contracting parties may agree: Provided, however, that the interest of the first year may be paid in advance out of the loan thus made. . § 2. That the Treasurer be, and he is hereby authorized and required, to cause suitable Bonds to be provided for said loan, in sums not less than one thousand dollars. § 3. All such Bonds shall be signed by the Treasurer, in his official character, made payable to and endorsed by the Governor, in his official character, who shall affix the seal of the State thereto, and countersigned by the Comptroller, which Bonds, executed as aforesaid, shall be ee on delivery, and bind the State for the faithful payment ereof, § 4. After the Bonds aforesaid shall have been countersigned by the Comptroller, it shall be his duty to make a register of the same in a book to be kept for that purpose, with the number and amount thereof, and deliver them to the Treasurer, charging him with the same. The Treasurer shall also keep a register of such Bonds as may be negotiated, _ § 5. Coupons for the interest shall be attached to each Bond so that they may be removed without injury or mutilation to the Bond. § 6. The Treasurer shall be, and he is hereby authorized with the approval of the Governor of the State, to negotiate such loan as speedily 8s possible, at such time and place, and in such amounts as they may determine the exigencies of the State require; but no loan shall be: negotiated below the par value thereof. BN ) SECOND SESSION. 521 § 7. Any claim which this State has now, or may hereafter have, upon Olaim of Stats the General Government for moneys expended out of this loan, for the Government purposes aforesaid, shall be and the same is hereby set apart and pledged payment of toan. for the payment of the principal and interest arising upon said Bonds, together with all other moneys in the Treasury not otherwise appropriated, or so much thereof as may be necessary. § 8. The Treasurer is hereby authorized to defray such expenses as Treasurer ane may be incurred in obtaining the above loan: Provided, that it does not of toan, exceed the sum of two thousand dollars, to be paid out of any moneys in the Treasury not otherwise appropriated: Provided, said loan be negoLoan, where to be negotlated. tiated in this State. — Chap. 135. AN ACT amendatory of “an Act providing for the Creation of a Marine Hospital for the State of California.” Passed February 7, 1851. The People of the Staie of California, represented in Senate and Assembly, do enact as. follows : § 1. Section eleven is so amended as to read as follows : It shall be the duty of the Board of Health to require the owners or consignees of the said ships-or vessels on which said persons have arrived, to give a several Bond to the State in the penalty of Two Hundred Dollars for each and every person included in such Report; such Bond being secured as hereinafter provided, conditioned to indemnify and save harmless the Board of Health, and each and every City, Town, or County in this State, from any cost which said Commissioners of Health, or such City, Town, or County shall incur for the relief or: support of the persons named in the Bond five years from the date of the Bond; and also indemnify and refund to the Board of Health of any City, Town, or County any expense or charge they may necessarily incur for the support or medical care of the person therein named, Each and every Bond shall be secured by two or more sufficient sureties, being residents of the State of California, each of whom shall prove by oath or otherwise, to the satisfaction of the Board of Health, $ 11 amended. ’ that he is the owner of freehold in this State of the value of Three Hundred Dollars, over and above all claims or liens thereon against him, including therein any contingent claim, which may accrue from or upon any former Bond given under the provisions of this Act. If any owner or consignee aforesaid shall refuse or neglect to give any such Bond or Bonds and security therefor, as herein before required for each person or passenger landing from his ship or vessel, within three days