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California Legislative Counsel Bureau California. Secretary of State.

Amendments to the Constitution and proposed statutes : with arguments ... online

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building and for the improvement of said ground shall be pre-
pared by the state department of engineering and all work
involved in such construction or improvement to be paid for
from funds created by this act shall be carried out in accord-
ance with the general law governing the construction and
prosecution of all public work for the State of California.

After the purchase or acquisition of said property and its
improvement and the construction and fumisliing or equip-
ment of the buildhig thereon has been completed as herein
provided, the management and control of the same shall vest
in the official upon whom said duties are imposed by law
and the legislature shall, from time to time, make suitable
provision therefor.

Sec 6. For the payment of the principal and interest of
said bonds a sinking fund, to be known and designated as
"Los Angeles state building sinking fund" shall be and the
same is hereby established and shall be constituted as fol-
lows: The state treasurer, on the second day of January and
on the second day of July, commencing on the second day in
Jemuary, 1916 and thereafter on the second day of July and
the second day of January of each and. every year in which
a portion of the bonds sold pursuant to the provisions of
this act or any interest thereon shall become due, shall
transfer from the general fund of the state treasury to said
"Los Angeles state building sinking fund" such an amount of
the moneys appropriated by this act as may be required to
pay the principal and interest of the bonds so becoming due
and payable at each of such respective dates. There is
hereby appropriated from the general fund in the state treasury
such sum annually as will be necessary to pay the principal of
and the interest on the bonds issued and sold pursuant to the
provisions of this act as said principal and interest respectively
become due and payable. There shall be collected annually
in the same manner and at the same thne as other state
revenue is collected such a sum in addition to the ordinary
revenues of the state as shall be required to pay the prin-
cipal and interest on said bonds as herein provided and it is
hereby made the duty of all officers charged by law with any
duty in regard to the collection of said revenue to do and
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perfomi each and every act which shall be necessary to collect
such additional sum.

Sec. 7. The principal of all of said bonds sold shall be
paid at the time the same becomes due from the said "Los
Angeles state building sinking fund" and the interest on all
of said bonds sold shall be paid from said sinking fund at
the time said interest becomes due; and the faith and credit
of the State of California are hereby pledged for the payment
of the principal of said bonds so sold and the interest
accruing thereon.

Sec. 8. The state ccmtroUer and the state treasurer shall
keep full and particular account and record of all of their
proceedings under this act, and shall transmit to the governor
an abstract of all such proceedings thereunder, with an annual
report, to be by the governor laid before the legislature
biennially; and all books and papers pertaining to the matter
provided for in this act shall at all times be open to the
inspection (tf the governor, the attorney gen«'al, a committee
of either branch of the legislature, a joint committee of both,
any person interested or any citizen of the state.

Sec. 9. This act, if approved and adopted by a majority
vote of the electors voting thereon at the general election to
be held in November, 1914, shall take effect five days after
the date of the official declaration of such vote by the secre-
tary of state as to all its provisions, except those relating to
and necessary for its submission to the electors and for re-
turning, canvassing and the issuance ot the official declaration
of such vote and as to said excepted provisions this act shall
take effect in accordance vdth the provisions of the constitu-
tion and laws of the state relative to initiative measures to
be submitted directly to the electors.

Sec. 10. This act shall be submitted to the electors of
the State of California for adoption or rejection by them at
the next general election to be holden in the month of Novem-
ber, 1914, and all ballots at said election shall have printed
tho'eoD in the manner required by law such ballot title or
designation of this act as has been prepared in accordance
with law and opposite such designation or proposition to be
voted on in separate lines the words "YES" and "NO" shall
be printed. If an elector shall stamp a cross (x) in the
voting square after the printed word "YES" his vote shall be
counted in t&vor of the adoption of this act; if he shall stamp
a cross (x) in the voting square after the printed wra-d
"NO" his vote shall be counted against the adoption of this
act. The governor of the state shall include the submission
of this act to the electors as aforesaid in his proclamation
calling said general election.

Sec. 11. The votes cast for or against the adoption of
this act shall be counted, returned, canvassed and declared
in the same manner and subject to the same rule as those
cast for state officers; and if it appear therefrom that this
act shall have received a majority of all the votes cast upon
the question of its adoption as aforesaid and that a majority
of the qualified electors voting thereon approve said act, then
the same shall take effect as hereinbefore provided, but if a
majority of the votes cast as aforesaid are against the adop-
tion of this act, then the same shall be and remain void.
The secretary of state shall in accordance with the provisions
of the constitution and law make official declaration of the
vote thereon and of the result of said election upon the
question of the adoption of this act

Sec. 12. It shall be the duty of the secretary of state to
have this act published in at least one newspaper in each
county or city and county, if one be published therein,
throughout the state for three months next preceding the
general election to be holden in the month of November,
1914; the cost of publication shall be paid out of the gen-
eral fund on controller's warrants duly drawn tor that purpose.

Sec. 13. This act shall be known and may be cited as
"Los Angeles state building act" and shall be irrepealable
until the principal and interest of the liabilities herein
created shall be paid and discharged in full, but the legis-
lature may, notvrithstanding that it is an initiative measure,
amend said act in furtherance of its purpose and the legis-
lature may also repeal said act at any time after its adoptitm
if no debts shall have been contracted in pursuance thereof.



ARGUMENT IN FAVOR OF LOS ANQELE(
STATE BUILDING BONDS.

This measure contemplates the erection by th(
state of a building at Los Angeles for the ac-
commodation of the various governmental offlcei
that are located in the southern part of the state
The proposition here is to allot for that purpose
$1,250,000 of state funds. It should be supportec
because it is part of a movement to bring the
instrumentalities of government near to th(
people, and will promote efflciency in the service
of the state. It has long been evident that cer-
tain departments whose relations to the life ol
the people are particularly close can do theii
work effectively only when they are convenient
to the great centers of population. Accordingly
head offices of some departments and brancl:
offices of others have been located in San Fran-
cisco and Los Angeles.

The growth in the business of the governmenl
made inevitable by the marvelous increase in
population and the resulting development of
agricultural and industrial activities long ago
made the accommodations at Sacramento glar-
ingly inadequate. Partially to remedy this the
legislature at its last session proposed the erec-
tion there of an additional state building to
house the offices of state that, until such build-
ing is erected, must occupy rented quarters. The
same legislature passed an act authorizing the
erection of a building in San Francisco on a
site that was secured some time ago. These
acts are both submitted to the people at this
time and should be approved.

The proposition for a building at Los Angeles
is a necessary part of the same movement A
very substantial portion of the population of the
state is in those counties whose life and activi-
ties are centered in Los Angeles. It will always
be necessary to maintain state offices in that
city. At this time the state pays rent there for
accommodations, among others, for the supreme
court, district court of appeals, industrial acci-
dent commission, railroad commission, labor com-
missioner, inheritance tax department, board of
medical examiners, state board of dental exam-
iners, commission on immigration and housing,
state banking department, highway commission,
and fish and game commission. The offices will
be increased in number rather than diminished.
Thus, an office in Los Angeles to administer the
motor vehicle act would be a great convenience
to probably 60,000 people, and undoubtedly will
be established in the near future. Now, not only
must the state pay a high rental for all these
offices, but the offices when rented are not adapted
to the purpose and are widely scattered through-
out the city. The speed and thoroughness of the
work of all the departments would be greatly
enhanced if they could be housed all in one build-
ing where communication between them would
be easy, and in rooms large enough for their
accommodation and suited to their work.

All of this relates to the work of the people.
Whatever increases the efficiency of these bu-
reaus, benefits the people by just that much. The
erection of a building at Los Angeles in which
all the various state offices located there can be
housed, will enable these bureaus to serve the
people with greater efficiency, will be in the long
run economical, will add to the beauty and dig-
nity of this section of the state, and will give
space for increase of work and installation of
additional bureaus, as they may be called for by
Increased population, without additional exjjense.
Electors should vote "Yes" on this proposition.
William W. Minus,
President Los Angeles Realty Board.



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ARGUMENT AGAINST LOS ANGELES STATE
BUTLDINQ BONDS.

The state does not need a building In Los
ingelea There are not enougrh officers, depart-
nents, boards or commissions, whose offices are
equired to be kept In that city, to justify the
tate in expending $1,250,000 in housing them.

Fifty years Is too long to bond the state.
Jnder this proposed bill the state will pay
1537,000, in principal and Interest, for a
1,250.000 building. Better Issue a ten year,
Ix per cent bond, if that rate Is necessary, and
lereby save more than $860,000 in interest.
lesides, this generation has no moral right to
lortgage the state's revenues for fifty years.
[lllions of children yet unborn will be gray-
eaded men and women before such bonds
lature.

The public should not bond the state through
le initiative for any purpose whatever.



It would be as logical for each stockholder of
a bank to loan the bank's funds without knowing
the amount of funds it had to loan, or for each
member of a large family to indiscriminately
incur debts without knowing how those debts are
to be paid, as for the public to bond the state
without knowing its resources, or ability to pay.

The individual, the corporation and the state
that pays as it goes is the one that never knows
hard times.

Do not run the state further in debt With
approximately fifty millions of dollars going out
of our state annually for automobiles and their
accessories, and with many of our cities bonded
to the limit, possibly Los Angeles among them,
our ability to pay Is about exhausted. Few
states could stand the financial strain that our
state is now standing. Let us live within our
means, and not erect unnecessary buildings until
we have the cash with which to build them.
W. F. Chandler.



UNIVERSITY OF GALIFORIOA BUILDING BOND ACT.

Initiative measure providing for the issuance and sale of state bonds in the sum of $1,800,000
» create a fund for the completion and construction of buildings on the grounds of the University
: California in the city of Berkeley, said bonds to bear interest at four and one half per cent and
) mature at different periods until January 5, 1965.



The electors of the State of California present
) the secretary of state this initiative petition
sking that the proposed law hereafter set forth
e submitted to the electors of the State of Cali-
)mia at the next general election, to be holden
» the month of November, 1914, for their ap-
roval or rejection:

n act authorizing the construction of the un-
finished portion of the library building of the
University of California, and the construction
of a building for general use as a recitation
building, of a building for the use of the col-
lege of agriculture, and of a building for the
use of the college of natural sciences as a
chemistry building, upon the grounds of said
University of California at Berkeley; provid-
ing for the issuance and sale of state bonds
to meet the cost of the foregoing purposes ;
and providing the necessary moneys for the
payment of the principal and interest to be-
come due on said bonds,
he people of the State of California do enact as

follows :
Section 1. The regents of the University of
alifomia are hereby authorized to complete the
>nstruction of the library building of the Uni-
srsity of California, and also to construct a
iillding for general use by said university as a
Jcitation building, a building for the use of the
)llege of agriculture of said university, and a
iillding for the use of the college of natural
Jiences of said university as a chemistry bulld-
ig, all on the grounds of said university In the
ty of Berkeley. For the purpose of meeting
16 cost of such construction, the State of Cali-
)rnla is hereby authorized to, and shall, Incur
ti Indebtedness in the manner provided by this
:t. In the sum of one million eight hundred
lousand dollars ($1,800,000).
Immediately upon the taking effect of this act
le treasurer of the state shall prepare eighteen
undred (1800) suitable bonds of the State of
alifomia, negotiable in form and payable to
earer, and expressing on their face the obllga-
on of the State of California to pay. In gold
Din of the United States, the principal amount
lereof at the respective dates of maturity here-
lafter specified, together with interest, as here-
lafter specified, In the denomination of one
nousand dollars ($1,000) each. Said bonds
hall be numbered consecutively from one (1) to
ighteen hundred (1800) Inclusive, and shall



•bear date the fifth day of January, 1915. The
total issue of such bonds shall not exceed the
principal sum of one million eight hundred thou-
sand dollars ($1,800,000), and such bonds shall
bear interest at the rate of four ajid one half, per
cent (45%) per annum upon the principal from
the date thereof. Th6 said bonds and the inter-
est thereon shall be payable in gold coin of the
United States at the office of the treasurer of the
state, at the times and in the manner following,
to wit: The first forty (40) of said bonds shall
be due and payable on the fifth day of January,
1921, and forty (40) of said bonds in consecutive
numerical order shall be due and payable on the
fifth day of January In each and every year
thereafter, until and including the fifth day of
January, 1965. The Interest accruing on all of
said bonds that shall be sold shall be payable at
the office of -the treasurer of the state on the fifth
day of January and on the fifth day of July of
each and every year after the sale of the same.
The Interest on all bonds issued and sold shall
cease on the day of their maturity, and the said
bonds so issued and sold shall on the day of their
maturity be paid, as herein provided, and can-
celled by the state treasurer. All bonds remain-
ing unsold shall, at the date of the maturity
thereof, be cancelled and destroyed by the treas-
urer of the state. All bonds Issued pursuant to
the provisions of this act shall be signed by the
governor of the state, countersigned by the state
controller, and endorsed by the state treasurer,
and each of said bonds shall have the great seal
of the State of California Impressed thereon.
The said bonds signed, countersigned, endorsed
and sealed, as herein provided, when sold, shall
be and constitute a valid and binding obligation
upon the State of California, though the sale
thereof be made at a date or dates after the per-
sons so signing, countersigning and endorsing.
Or any of them, shall have ceased to be the In-
cumbents of said ofi^ce or offices.

Sec. 2. Attached to each of said bonds there
shall be an interest coupon for each semi-annual
payment of interest thereon, negotiable In form,
and payable to bearer, and expressing the obli-
gation of the State of California to pay the
amount of such semi-annual payment of interest.
In gold coin of the United States, at the time of
maturity thereof. Said Interest coupons shall be
so attached that each may be detached without

3eventy-thre9



Injury to or mutilation of said bond, or injury to» mutilation
of, or detachment from said bond of, the remainder of such
coupons the time of payment of which has not yet been
reached. Said coupons shall be consecutively numbered in the
chronological order of their time of payment, and shall bear
the lithographed signature of the state treasurer. No interest
shall be paid on any of said b<nids for such time as may inter-
rene between the date of said bond and the day of sale thereof,
except to the extent to which accrued interest shall have been
paid to the state at the time of such sale by the purdiaser
of said bond.

Sec. 3. When the bonds authorized by this act to be issued
shall have been signed, countersigned, endorsed and sealed, as in
section 1 provided, the state treasurer shall, from time to time,
sell such number thereof as the governor of the state may direct
to the highest bidder for cash. The governor of the state shall,
from time to time, issue to the state treasurer such directimi
immediately after being requested so to do through and by a
resolution duly adopted and passed by a majority vote of the
regents of the University of California. Such resolution shaU
specify the amount of money which, in the Judgment of said
the regents of the University of California, shall be required at
such time, and the governor of the state shall direct the state
treasurer to sell such number of bonds as will, at the par value
thereof, equal said amount of money so required according to
such resolution of the regents of the University of California.
Said bonds shall be sold in consecutive numerical order, save
and except that the state treasurer may sell two or more bonds
at the same time in one lot, which lot, however, shall be made
up of bonds consecutively numbered, the first of which in num-
ber shall be the first bond in number yet unsold. The state
treasurer shall not accept any bid which is less than the par
value of the bond or bonds bid for, and to the amount of the
accepted bid there shall be added in eadi case, as a part of the
purchase price to be paid by the bidder, the amount of Interest
which shall have accrued on the bonds bid for between the date
of the payment for said bonds and the last preceding interest
maturity date. Each bid shall be in writing and signed by the
bidder and sealed, and shall be deposited with the state treas-
urer not later than the last business day preceding the date of
sale. Each bid shall be accompanied by the deposit with the
state treasurer, either in cash or by certified check on a reput-
able bank within the State of California, to the order of the
State of California, of one tenth of the amount of the par value
of the bond or lot of bonds bid for. Such deposit of each
unsuccessful bidder shall be returned to him immediately upon
the next acceptance of his bid, and such deposit of the success-
ful bidder shall immediately upon the acceptance of his bid
become and be the property of the State of California and be
placed in the state treasury to the credit of the "University of
California building fund" hereinafter mentioned, and shall be
credited to the successful bidder upon the purchase price of the
bonds bid for in case such price is paid in full by him within
the time hereinafter prescril)ed. At the time of sale the state
treasurer shall open said bids and accept the bid of the highest
bidder for cash, save and except that no bid shall be accepted
which is lower in amount than the par value of the bonds bid
for, and that the state treasurer may, in his discretion, reject
all bids. The purchase price of the bonds sold shall be payable
within ten days after the acceptance of the bid therefcH*, and If
not so paid the successful bidder shall have no ri^t in or to
said bonds or by reason of said bid, or to the recovery of said
deposit accompanying said bid, or to any allowance or credit
by reason of such deposit. In case the purchase price is not so
paid, the bonds so sold but not paid for shall be resold by the
state treasurer upon notice as hereinafter provided in case of
original sale. Bonds sold shall be deliverable to the pur-
chaser immediately upon, and not before, the payment of the
purchase price therefor. Befwe delivering any of said bonds,
the state treasurer shall detach therefrom all interest coupons
which have matured before the date of the payment of the pur-
chase price therefor. The state treasurer may, by public
announcement at the time and place fixed by him tor said sale,
cotitinue such sale to such time and place as he may at the
time of said continuance designate. When a sale is so con-
tinued no notice thereof need be given, other than the public
announcement of such continuance by the state treasurer as just
liereinbcfore provided. The state treasurer shall give notice of
the time and place of sale by publication in two newspapers

Seventy-four



pabUsfaed In the dty and eoonty of San Frandseo, in one newi
paper published in the city of Los Angeles, In one newspopt
published in the city of Oakland, and in one newspaper publlsix
in the city of Sacramento, once a week for four weeks next pn
ceding the date fixed for such sale. In addition to the notic
last above provided for, the state treasurer may give sacfa fu
ther notice as he may deem advisable, but the expense and cot
of such additional notice shall not exceed the sum of five tni
dred dollars ($500) for each sale so advertised.

There is hereby created in and for the state treasury a fuo
to be known and designated as the "University of Califonij
building fund," and immediately after such sale of bonds tt
treasurer of the state shall pay into the state treasury and cm
to be placed in said "University of California buildhig fuiut
the total amount received from the sale of said bonds, excel
such amount as may have been paid as accrued interest tberen
The amount that shall have been paid at sudi sale as accrue
interest on the bonds sold shall be by the treasurer of the staU
Immediately after such sale, paid into the treasury of the stal
and phiced in a fund to be known as the "interest and siukiu
fund of the University of California building bonds."

The moneys placed In the "University of California buildin
fund," pursuant to the provisions (A this section, shall be use
under the direction of the regents of the University of Califoroi
exclusively for the completion of the construction of said llbrv
building and the construction of the other buildlnp hereiobefor
mentioned.

Moneys shall be drawn from said "University of Callforai
building fund," for the purposes of this act, upon warrant
duly drawn t^ the controller of the state, upon clahns mad
by the regents of the University of California and approved by th
state board of controL

Sec 4. There is hereby appropriated from tlie general fom
in the state treasury such sum annually as will be necessary U
pay the principal of, and interest on, the bonds issued and soli
pursuant to the provisions of this act as said principal and into]
est become due and payable. There shall be collected eadi yei^
and in the same mamier and at the same time as other statj
revenue is collected, such sum in addition to the ordlnan



Online LibraryCalifornia Legislative Counsel Bureau California. Secretary of StateAmendments to the Constitution and proposed statutes : with arguments ... → online text (page 24 of 36)