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(a) Any person heretofore or hereafter essential by any provision of the Charter of town of Los Angeles, or any ordinance of the town of L. a., or by almost every other regulation, to submit with or furnish to town of Los Angeles, or to any deputy or officer thereof, any bond or agreement of indemnity, may perhaps deposit and all the time sustain on deposit While using the Treasurer of the City of La an degree of cash comparable to the quantity of the bond expected as previously mentioned mentioned;
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