We describe the observation of GW170104, a gravitational-wave signal produced by the coalescence of a pair of stellar-mass black holes. The signal was measured on January 4, 2017 at 10:11:58.6 UTC by the twin advanced detectors of the Laser Interferometer Gravitational-Wave Observatory during their second observing run, with a network signal-to-noise ratio of 13 and a false alarm rate less than 1 in 70,000 years. The inferred component black hole masses are $31.2^{+8.4}_{-6.0},M_odot$ and $19.4^{+5.3}_{-5.9},M_odot$ (at the 90% credible level). The black hole spins are best constrained through measurement of the effective inspiral spin parameter, a mass-weighted combination of the spin components perpendicular to the orbital plane, $chi_mathrm{eff} = -0.12^{+0.21}_{-0.30}.$ This result implies that spin configurations with both component spins positively aligned with the orbital angular momentum are disfavored. The source luminosity distance is $880^{+450}_{-390}~mathrm{Mpc}$ corresponding to a redshift of $z = 0.18^{+0.08}_{-0.07}$. We constrain the magnitude of modifications to the gravitational-wave dispersion relation and perform null tests of general relativity. Assuming that gravitons are dispersed in vacuum like massive particles, we bound the graviton mass to $m_g le 7.7 times 10^{-23}~mathrm{eV}/c^2$. In all cases, we find that GW170104 is consistent with general relativity.
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