lished in the county or counties from which the application came, of the time and place of the hearing. § 6. Surveyor general, when may act. In case of the absence or inability of the state engineer to act, the duties devolving upon him under this act shall be performed by the state surveyor general. §7. Rates of toll, by whom fixed. When a bridge shall be built on a navigable stream by one county, or two counties, it may be absolutely free, or tolls sufficient to pay in whole or in part, for the construction, and to keep up the repairs and expenses thereof, may be charged; the rate to be fixed by the board of supervisors of the county in which the same is located, or, if located in two counties, then by the board of supervisors of the two counties, or if there be any disagreement between said boards, as to imposing or removing tolls, or the rate, the matter in dispute shall be referred to the board of supervisors of some neighboring county for determination, and its decision, communicated in writing to the clerks of the said boards respectively, shall be final; and if tolls are fixed or removed thereby, the same shall take effect on the tenth day from the date of such written determination. § 8. Supervisors to declare necessity for building bridges. The board of supervisors, or other governing body of any city and county, or county, in this state, shall have power to declare that it is necessary for the public convenience to have a bridge or bridges built across any estuary, swamp, pond, or arm of a bay that may lie or extend into the county, or city and county, and prescribe the points between which said bridge or bridges shall be built, and when they shall have speci fied the points between which it is, in their judgment, necessary to build the said bridge or bridges, they may let contracts to build the bridges, as aforesaid, and pay for the same out of the general fund of the city and county, or county. § 9. In effect when. This act shall take effect immediately. Effect of this act on the provisions of the Political Code: See Chico Bridge Co. v. Sacramento Transp. Co., 123 Cal. 178, 181, 58 Pae. 780. ACT 949. An act to enable adjoining counties to enter into agreements for the construction, rebuilding, replacing, or relocation of bridges over navigable waters between said counties, jointly with other persons or corporations. [Approved March 23, 1907. Stats. 1907, p. 982.] §1. Bridges between two counties, provision for joint construction and repair. 2. In effect when. §1. Bridges between two counties, provision for joint construction and repair. In case it shall appear to the boards of supervisors of two adjoining counties that any bridge shall be necessary for highway purposes, over any navigable river, stream, or inlet of the sea, between said counties, or if any bridge existing thereover and used wholly or in part for highway purposes, (whether the same is owned by said counties or either of them, or used by them or either of them by agreement with the owner thereof,) shall, in the interests of commerce, or by reason of such bridge being out of repair or deteriorated beyond reasonable repair, require reconstruction, or rebuilding, or replacing by a new structure, or its location to be changed to such place on such navigable river, stream, or inlet of the sea, as may be better suited to its use, or to the use of such navigable water, or may tend to prevent obstruction to commerce thereon, the boards of supervisors of such counties may, in their discretion, enter into an agreement with any person or corporation for the building of a joint bridge, or the reconstruction, or rebuilding, or replacing by a new structure of such existing bridge, or the rebuilding thereof at another location, and the joint use of the same thereafter by such person or corporation, and said counties or the public, and for apportioning the expense of such joint reconstructed or relocated bridge between said counties and each of them and such person or corporation jointly using or to use the same, and to provide for the construction and use thereof in such manner and upon such terms and conditions as may be agreed upon between such counties and such person or corporation. In such case none of the provisions of subdivision 4 of section 25 of an act entitled "An act to establish a uniform system of county and township government," approved April 1, 1897, shall be applicable thereto; provided, that in no event shall either county agree to contribute more than one-third of the cost of construction, reconstruction, relocation, or repair of any such joint bridge. § 2. In effect when. This act shall take effect immediately. ACT 950. An act authorizing any county and cities within such county to join in the acquisition, construction or maintenance of bridges or viaducts. [Approved May 19, 1915. Stats. 1915, p. 688.] § 1. Counties may join with cities in acquiring bridges, etc. § 1. Counties may join with cities in acquiring bridges, etc. Any county may join with any city or cities located within such county in the acquisition, construction or maintenance of any bridge or viaduct within such county, whether such bridge or viaduct is or is to be located within or without any such city. The cost of the acquisition, construction or maintenance of any such bridge or viaduct shall be borne by such county and such city or cities in such proportion as the legislative bodies thereof respectively shall determine by resolution or ordinance and may be paid out of any funds available therefor. The authority and responsibility for the acquisition, construction or maintenance of any such bridge or viaduct shall vest in such county or in such city as may be provided in said ordinances or resolutions apportioning the cost. ACT 951. An act providing for the building of a bridge across the Colorado ACT 952. An act providing for the building of a bridge across the Klamath river in Del Norte county to be known as the G. H. Douglas Bridge and making an appropriation therefor. [Approved May 25, 1923. Stats. 1923, p. 448.] The act appropriated $225,000 for the purpose indicated. TITLE 74. BROOKLYN. ACT 962. Incorporating Brooklyn. [Stats. 1869-70, p. 680.] An act to define and prohibit bucketing and bucket shopping and bucket shops; to prohibit the communication, receipt, exhibition or display of quotations of prices of any securities or commodities for the purpose of bucketing or bucket shopping; to prohibit the use of property for the purpose of carrying on bucket shops or bucketing or bucket shopping; to require the keeping of records or books of account and the furnishing of statements of facts in certain cases, and fixing penalties. [Approved May 25, 1923. Stats. 1923, p. 449.] §1. Definitions. § 2. Offenses and penalties. §3. Penalties for aiding and abetting. 4. Records of transactions to be kept. Inspection. § 5. Customers may demand statements. § 1. Definitions. The following words and phrases used in this act shall, unless a different meaning is plainly required by the context, bave the following meaning: "Person." "Person" shall mean an individual or partnership or a corporation or association, either domestic or foreign, whether acting in his, their or its own right or as the officer, agent, servant, employee, correspondent or representative of another or as trustee, as hereinafter defined. "Trustee." "Trustee" shall mean a person executing a trust, as hereinafter defined. "Trust." "Trust" shall mean all voluntary trusts, as the same are defined in the Civil Code, expressly created by or declared in an instrument in writing, other than a will or a judicial writ, order, decree or judgment, to carry on any business or to secure the payment or repayment of money. "Contract." "Contract" shall mean any agreement, trade, contract or transaction. "Securities." "Securities" shall mean all evidences of debt or property and options for the purchase or sale thereof, shares in any corporation or association or of trustees, as hereinabove defined, bonds, coupons, scrip, rights, choses in action, and other evidences of debt or property and options for the purchase or sale thereof or of any rights entitling the holder thereof to participate in profits or a division of assets. "Commodities." "Commodities" shall mean anything movable that is bought and sold. "Bucket shop." "Bucket shop" shall mean any room, office, store, building, or other place where any contract prohibited by this act is made or offered to be made. "Keeper." "Keeper" shall mean any person owning, keeping, managing, operating or promoting a bucket shop, or assisting to keep, manage, operate or promote a bucket shop. "Bucketing" or "bucket shopping." "Bucketing" or "bucket shopping" shall mean: (a) The making of or offering to make any contract respecting the purchase or sale of any securities or commodities, wherein both parties thereto intend, or such keeper intends, that such contract shall be, or may be, terminated, closed, or settled according to or upon the basis of the public market quotations of prices made on any board of trade or exchange upon which said securities or commodities are dealt in and without a bona fide purchase or sale of the same; or (b) the making of or offering to make any contract respecting the purchase or sale of any securities or commodities, wherein both parties thereto intend, or such keeper intends, that such contract shall be, or may be, deemed terminated, closed, or settled when such public market quotations of prices for the securities or commodities named in such contract shall reach a certain figure without a bona fide purchase or sale of the same; or (c) the making of or offering to make any contract respecting the purchase or sale of any securities or commodities, wherein both parties thereto do not intend, or such keeper does not intend, the actual or bona fide receipt or delivery of such securities or commodities, but do intend, or such keeper does intend, a settlement of such contract based upon the differences in such public market quotations of prices at which said securities or commodities are or are asserted to be bought and sold; or (d) the sale by such keeper of any security or commodity purchased by him for the account of or upon the order of another when the proceeds of such sale are not immediately credited by such keeper to the account of such other person and when a report or statement in writing of such sale is not rendered to such other person by such keeper on the next business day following such sale. § 2. Offenses and penalties. Any person who shall make or offer to make any contract defined in the preceding section, or who shall make any sale as set forth in subdivision (d) thereof, or who shall be the keeper of any bucket shop, shall be guilty of a felony and, upon conviction thereof, shall, if a corporation, be punished by a fine of not less than one thousand dollars nor more than five thousand dollars for each offense, and all other persons so convicted shall for each offense be punished by imprisonment in the state prison for not more than five years or by a fine of not less than one thousand dollars nor more than five thousand dollars, or by both such imprisonment and fine. The prosecution, conviction and punishment of a corporation hereunder shall not be deemed to be a prosecution, conviction or punishment of any of its officers, directors or stockholders. § 3. Penalties for aiding and abetting. Any person who shall communicate, receive, exhibit or display in any manner any statement of quotations of prices of any securities or commodities, with an intent to make, or offer to make, or to aid in making or offering to make, any contract prohibited by this act shall be guilty of a felony and, upon conviction thereof, shall be subjected to the penalties provided in section two of this act. § 4. Records of transactions to be kept. Inspection. It shall be the duty of every person doing business as a broker or making contracts as a broker or agent for the purchase or sale of any securities or commodities on any board of trade or exchange to keep or cause to be kept at his office or place of business correct and permanent records or books of account showing each of such transactions as a separate item. The failure to so keep or cause to be kept such records or books of account shall be prima facie evidence that any such contract was bucketing or bucket shopping. Such records or books of account shall at all times be open to inspection by the commissioner of corporations of the state of California, or to any deputy, investigator or auditor of the state corporation department to whom he may delegate such authority in writing. § 5. Customers may demand statements. Every person shall, upon written demand therefor, furnish to any customer or principal for whom such person has executed any order for the actual purchase or sale of any securities or commodities on any board of trade or exchange, either for immediate or future delivery, a written statement showing the name of the person from whom such property was bought or to whom it was sold, as the case may be, and the time when, place where and the price at which the same was either bought or sold; and if such person shall refuse or neglect to furnish such statement within forty-eight hours after such demand, such refusal or neglect shall be prima facie evidence that such transaction was bucketing or bucket shopping within the terms of this act. ACT 982. TITLE 76. BUILDING AND LOAN ASSOCIATIONS. An act creating a bureau of building and loan supervision; providing for the appointment of an administration official therefor to be known as the building and loan commissioner; prescribing his duties, powers and compensation; providing for a secretary, his powers and compensation; providing for the rental of offices for the use of the bureau and for traveling and office expenses; providing a system for licensing building and loan and other associations, and for assessing and collecting the license fees necessary to meet the salaries and other expenses of the bureau of building and loan supervision; providing a course of procedure where violations of law, or unsafe practices are found to exist, or are reported by the com |