Power of gold coin of the United States; provided, that in no case shall they be sold at more than ten per cent. discount on par value; and the money received on the sale of said bonds shall be deposited with the Treasurer of the county, and his receipt therefor deposited with the Auditor, who shall charge the same as other moneys are charged, and the money shall then be used for the purpose of constructing a wagon road from Antelope Valley, in said county, up the West Walker River, to the intersection of the same with the Sonora and Mono wagon road, and from thence to the place known as Big Meadows, and from thence to the Town of Benton, in said Mono County; and in no case shall the money be used for any other purpose. The County Treasurer and County Auditor shall receive a commission of one per cent. for disbursing the said money, to be divided equally between them. SEC. 11. The Board of Supervisors shall have power to construct the said road by surveying and locating the same, and they shall advertise for bids on sections of such survey, according to specifications which shall be filed with the Clerk of said county. Such advertisement shall be published in some newspaper published in said county for four successive weeks prior to the letting of said contract or contracts; or if no newspaper is published in said county, then by posting notices in three public places in said county. The said contract or contracts shall be awarded to the lowest responsible bidder; and the said contractor or contractors shall file a good and sufficient bond, to be approved by the Board of Supervisors; provided, that said Board of Supervisors shall have the right to reject any or all bids; but in no case shall the road be built except by contract. They shall have power to advance money to the contractor or contractors in such amounts as they may deem just, in proportion to the work done; and in order to arrive at a knowledge of the condition and amount of work performed by said contractor or contractors, the said Board of Supervisors shall have power to appoint an Inspector, whose duty it shall be to examine, from time to time, the work performed by said contractor or contractors, and report his finding to the Board of Supervisors. Said Inspector shall be paid a reasonable compensation, to be fixed and allowed by the Board of Supervisors, and shall be paid out of the fund received from the sale of said road bonds; provided, that nothing herein contained shall bind the Board of Supervisors to accept the report of said Inspector. Such payments shall be made by warrants drawn as other county warrants from the fund realized from the sale of the Road Fund bonds; provided, that no contractor shall employ Chinese labor in constructing said road. SEC. 12. All warrants shall be drawn by the County Auditor upon the Treasurer of said county, upon the order of the Board of Supervisors, the same as other county warrants are drawn, and all accounts between the said Auditor and Treasurer shall be kept in like manner. SEC. 13. This Act shall be and remain in force from and after its passage. CHAP. CCCVI.-An Act to authorize the corporation of the City of Los Angeles to issue bonds for improving the water supply of said city, and provide for their payment. [Approved March 20, 1878.] The People of the State of California, represented in Senate and of bonds SECTION 1. For the purpose of constructing dams, reser- Issuance voirs, and sanjas, or irrigating canals, and improving the authorized. same, or those now in use; for the purpose of developing and utilizing water for irrigation, and improving the system of irrigation in said city, and for the purpose of acquiring, by purchase or condemnation, any water right or right of way which it may be necessary to acquire, and for the purpose of purchasing any land to which any water right necessary to be purchased may be appurtenant (in case it may be deemed. preferable to purchase the same), or for any of said purposes, the Council of the City of Los Angeles is hereby authorized and empowered for and in the name of said corporation to issue bonds to such amount as the Council may see fit, not exceeding the sum of one hundred thousand dollars, and to sell the same at a price of not less than ninety per cent. of their nominal value, and to appropriate the moneys received therefor to the purposes aforesaid; provided, that the Council shall not issue bonds to a greater amount than forty thousand dollars, unless as next hereinafter provided. As to the bonds for the remaining sixty thousand dollars of the hundred thousand herein before mentioned, the Council shall cause a vote of the electors of the city to be taken at the next city election for and against the issue of said bonds. Said election shall be governed by the same rules, as nearly as may be, as govern other elections. The ballots used shall contain the words, " For the Irrigation Bonds," or the words, "Against the Irrigation Bonds." If a majority of the ballots cast at said election are " For the Irrigation Bonds," then the Council, in their discretion, may issue the bonds for the said sixty thousand dollars, and otherwise not. tion. SEC. 2. Each of said bonds shall be regularly numbered Denominain numerical order, and shall be issued in sums of not less than one hundred and not exceeding one thousand dollars each, as the Council of said city shall direct; shall be signed by the Mayor and City Treasurer of said city, respectively, and countersigned by the Clerk of the Council, and have the corporate seal of the city affixed thereto; shall be payable to bearer in gold coin of the United States at the office of the City Treasurer of said city, in said city, thirty years from and after the date of the issuance thereof, and shall bear interest at the rate of seven per cent. per annum from date till paid; and to provide therefor shall have attached thereto in the usual form coupons, signed by the City Treasurer of said city; the interest to be payable semi-annually, on the first day of January and first day of July of each year, at the Irrigation ated. Redemption of bonds. Duty of cer tain officials. Power of office of said Treasurer; both principal and interest to be paid out of the fund hereinafter established. SEC. 3. There is hereby created a fund in said city, to be known and called "The General Irrigation Fund," and the City Treasurer of said city is hereby required and directed to keep a regular account upon his books with said fund. For the purpose of providing for the payment of the semiannual interest on said bonds and their final redemption and discharge, the authorities of said city are hereby authorized, required, and shall annually, each year, at the same time and in the same manner as other municipal taxes in said city are assessed, levied, and collected, assess, levy, and collect, so long as required, upon all taxable property in said city, a tax of not exceeding thirty cents upon each one hundred dollars of such property-all of which taxes shall be paid to such City Treasurer, and be by him placed to the credit of said "General Irrigation Fund," and applied to the payment of the principal and interest of said bonds for irrigation. So much of the fund derived from said tax as may be necessary, shall be set aside and applied exclusively to the payment of interest, and the balance as a sinking fund, applied to the final redemption of the bonds issued in pursuance of this Act; provided, that the Council is authorized and empowered, in their discretion, to fix the rate to be charged to irrigators in the City of Los Angeles for the use of water for irrigating purposes, at reasonable rates, in excess of what may be necessary for the expenses of distributing the water and keeping in repair the irrigation works and other expenses of maintaining the system; and that the net proceeds of all amounts thus collected, after paying said expenses, shall be transferred to the said "General Irrigation Fund," and constitute part thereof; and whenever in any year the amount thus paid in shall exceed one cent on each one hundred dollars of taxable property in any one year, the Council may make a corresponding reduction of the tax levy for the next year. SEC. 4. Whenever at any time there shall be to the credit of said fund any sum in excess of the aggregate of five thousand dollars, and the amount that will be required to pay the semi-annual interest next thereafter to be paid on said bonds, the Council of said city is hereby authorized to direct and require the City Treasurer of said city to advertise for the redemption of bonds issued under this Act. SEC. 5. It shall be the duty of the Mayor of said city, the City Treasurer, and the Clerk of the Council of said city, within thirty days after the issuance of said bonds, to report a list thereof, showing the number and amount of each bond, and to whom sold and delivered, which report shall be entered in full upon the minutes of the Council, and the original preserved in the office of said Clerk; and it shall be the further duty of the City Treasurer to enter such list in a suitable book, which shall be preserved in his office. SEC. 6. The Council is authorized to reject any and all bids for the purchase of the bonds issued under this Act, or for their redemption; and it shall reject all bids for redemp tion at more than par value. If no bonds are offered for redemption for par or less than par value, the Council shall cause the Treasurer to publish a notice in some newspaper in the City of Los Angeles, and one in the City of San Francisco, for such number of times, not less than five, as they may deem advisable, specifying the amount of money in the sinking fund, and the numbers of the bonds which can be paid therewith (being always the bonds with the smallest numbers), and that said bonds will be paid on presentation, and thereupon, upon the expiration of one month after the first publication of said notice, the said bonds shall cease to bear interest. SEC. 7. This Act shall take effect immediately. CHAP. CCCVII.-[See volume of Amendments to the Codes.] CHAP. CCCVIII.-An Act to provide for the appointment of a [Approved March 21, 1878.] The People of the State of California, represented in Senate and Section seven hundred and sixty-seven of the Political Reporter. SECTION 1. Section seven hundred and sixty-seven (767.) AppointThe Reporter of the decisions of the Supreme Court shall ment of be appointed by the Governor, to hold office for four years from and after his appointment. The Governor shall appoint a Reporter of the decisions of the Supreme Court to take effect on the first Monday in May, A. D. 1877, and the term of office of the present incumbent shall cease on that day. SEC. 2. Section seven hundred and sixty-eight (768) of the Political Code is hereby repealed. SEC. 3. This Act shall take effect from and after its passage. Issuance of bonds. tion. CHAP. CCCIX.-An Act to provide for the building of a school house in Anaheim School District, in the County of Los Angeles, State of California. [Approved March 21, 1878.] The People of the State of California, represented in Senate and SECTION 1. The Board of Trustees of Anaheim School District, in the County of Los Angeles, State of California, is hereby authorized to issue the bonds of said district for any amount not exceeding ten thousand dollars, bearing interest at the rate of ten per cent. per annum, payable semiannually, on the second Monday of January and July of each year after their issuance. Said bonds shall be payable in gold coin, at the office of the County Treasurer of said county, on the first day of July, in the year eighteen hunDenomina dred and ninety-three. Said bonds must be issued in denomination of one hundred or some multiple of one hundred dollars. They must be numbered consecutively, and signed by the Clerk of said district, by the Superintendent of Public Schools of said county, and countersigned by the County Treasurer of said county. Each of said bonds must have attached thereto coupons for the interest to accrue thereon; in the first coupon on each bond a sum must be inserted for the amount of interest to accrue in such bond from the date of issuance until the next date herein fixed for the payment of such interest; each of the other coupons must have inserted therein a sum representing the full semi-annual interest on such bond; said coupon must be numbered on each bond from one consecutively, and must each be signed and countersigned in the same manner as the bonds. The District Clerk, County Superintendent of Public Schools, and County Treasurer, must each keep a list of said bonds, showing the amount of bonds issued, the date of issuance, and the name of the person to whom issued, which list, during office hours, shall be open for the inspection of the public. Said bonds, from the time they are issued until paid as hereinafter provided, shall be a lien on all the property in said district as now constituted. Sale of bonds. SEC. 2. For the purpose of obtaining funds to meet any obligation incurred under the provisions of this Act, as hereinafter set forth, the said Board of Trustees is hereby authorized to convert said bonds into money by selling the same to the highest bidder, for gold coin of the U. S., after advertising for at least twenty days in one or more newspapers published in this State, for sealed proposals to purchase said bonds. The Board, in such advertisement, must reserve the right to reject any or all bids for the purchase of said bonds which in its judgment may be too low in price; and provided, that none of said bonds shall be sold at a discount of more than fifteen per cent. The proceeds derived from the sale of said bonds must be paid into the county treasury, and must, by the County Treasurer, be kept |