White Cloud Kansas chief. [volume] (White Cloud, Kan.) 1857-1872, 1870-11-10
City Ordinances.
New Series.
s,ec,nI Ordinance No. 1.

specinl Ordinance No. 4.
An Ordinance In relation 20 borrosinx by the
Citv Of White Cloud the sum Of Five Thou
sand One Hundred and Twenty FIVE Is 1851
Dollars, upon the terms and conditions, aud
foe The pu,pisrs herein ,xpressed.
WusssAs. Joshua Taylor. Mayor OF said
(,;tv of White Cloud, ou the 9Th day ot Sep
tember. A. D 1870. havirg been belerc that
time duly u-hlrisej 80 To do. did issue Li~
certain proc.su.tion of that date, in The vords
ard figures fslIosi ing. to Sii:
"wnrsRss. The City Council Of the City
Of White Cioud. DSniphan County. Kansas.
has pas.. d the E,lIo~ing orier. 70 uit:
That there be euhnitied TO the electors OF
the Ctr of Whiis Cloud. uiphaa County. .
Esnsas, . proposition 70 borrow nse thousand
Que hundred and twenty i've dollars. tSS.ts9)
N money. 70 ply to the Atehison and Nebras
ka Railroad Company. in lieu OF bonds hereto
fo.e roted bv this CITY, ard Of subscriptions
made bv citixeps Of this City. ~ soon as said
Railroad j. completed to said City Of White
Cloud: and % authosize the Mayor and C0un-
cilmen Of eaid City TO issue ten thousand dol
lars ftlO 900, Of the bonds Of the City Of
White Cloud, 10 secure the payment Of said
loan, to run ten (l0) years, with interest At
the rate OF Eve (5) per cent Fer annum; Pre-
rided, that before said muney u paid over 70
the eaid Railroad Company. the proper officers
of the Company shall fully release the City Of
White Cloud, and the citizens thereof, from
all obligations in the say OF bonds voted and
subscriptions made previously 70 the accept
ance OF this proposition. and also guarantee
said City against obligation for the payment OF
any damages on account Of the right Of way Of
said Raj ai'road; =
- ~
Of the City Of White Cloud. BY virtue Of Al
thority in me vested, do hereby proclaim. that
an election will be held at the Mayors Ufice,
in said CITY. on Friday. the 7th day Of October,
A. d. 1870, TO accept or reject the foregoing
proposition. Said election will be held IN ac-
corr ance 18th the election laws Of the State OF
Kansas, and Of the City Of White Cloud.
TIL sc electors sho are in favor ef the pfopo-
sition, will write or psiut on their ballots the
words, For the Loan and the B0nds,' and
those Who are opposed to it. will write or print
on their tickets the worts, Against the Loan
and he Bonds'
"0iven under my hand, this 9th day Of
September, A. d. 1870.
JOSHUA TAYLOR, Mayor"
And whereas, The vote provided for in said
reclamation was taken at the time ard place,
and in the manner in said proclamation speci-
fed, and results d in q majority Of the votes
then and there cast being ia favor of borrowing
said sum of FIVE thousnnd one hundred and
ts cnty five dollars, in the manner aud for the
purposes il said proclamation expressed; there
lore,
BE IL .yiainsd by the Msyer sad Cssaeilmsn Of
the City Of While Cissd:
SrcrIos /. That the Mayor of eaiI CITY ID
herb. nu,horix,d AMI 'irecied TO issue, in
compliance viii, law. the bond Of the City ol
T. hite Cloud for the sum Of ten thousand
anllnrs, payable TO C. w. Noyes, ten years
fi- IN its cate; said bond shall hear date the
7th day OF November. A. d. 1870, and shall
bear interest from its dale, at rate not ex
eeet,ing ten per cent per annums for which
said interest the Mayor CT said City shall,
at the time Cf sxecutng eaid bond, cause to
be execu ed and delivered to said C. w.
Moves the proper coupons to be attached to
said bond.
Sic. 9. That said bond, With the c,upons'
may be usei a pledge unon which to raise
said cum OF FIVE thousand, enc hundred and
twenty FIVE DO lars.
SIC. 3. That said bond and coupons shall
be placed in the hands Of c. W Noyes, to
hold, "a trustee Tor said City OF White Cloud,
as also Tor the party or parties Who advance
said sum Of Eve thousand one hundred and
tx enty FIVE dollars.
SIC. 4. That said City of Willie Cloud
shall be entitled to the surrender OF said bond
and the coupons sheret0 attached. at the ex-
piration of three pears from It's date. upon said
City OF white Cloud paving or causing 10 be-
paid To taid u. w. hoyes, as such trustee, one
third of said FIVE thousand one hundred and
twenty Eve dollars at the expiration OF ca. IA
year from the date Of sad bond. and such in
Il rest as may then have accrued upon said last
named sum. AZ rate not exceeji.g fifteen Der
cent. per annum.
SEC S. That the Said sum Of dve thous and
one hundred and xenty five dollars shall be
used for the purposes set out in said pr,clauA.
tion, and for no other, and upon the coud is,op.
therein oppressed, and no other.
SEc 6. An annual tax shall he 'evied by
the proper authorities OF sa,d City Of White
Cloud. 10 pay sal sum OF FIVE thou.and one
hundred and twenty Eve dollars and a, crufng
interest, at the times and in the manner speci.
he'd 10 Section Of this Ordinance. and the
proceeds OF said tx shall be kept apart from
the "her CITY revenue. and appropriated tu
mn other purpose than the payment OF said sum
of five ihousa nd one hundred and twenty Eve
dollars and the intereSt thereon.
SIC. Z. That il the City Of White Cloud
shall fail to pay or cause to be paid said annu
al interest upou eaid i've thousand one hundred
aud twenty five dollars as IL becomes due, the
said c. w. Noyes. Is trustee, 10 hereby author
lied TO put the coupon or coupons 70 said bond
then due and unpaid isto market, and sell the
same, and apply SO much Of the proceeds as
may be necesary to the payment OF said un-
paid interest; and ifssid City Of White Cloud
ehsll fail to pay said principal sum Of five
one hundred and twenty. live dollars
at the expiration of three wears from the date
IT b I'd. then the snid C.. W. Noyes, as such
trustee. may put into market said bond of ten
thousand dollars, and sell the same, and apply
SO much Of the proceeds as may be necessary
to the payne, Of any unpaid ps'rtion Of said
hve thousard one HUNDRED and twenty Eve
dollars.
src. g All moneys received BY the said
G W. Noyes, as such trustee. upon the sale of
coupons " the bond h,Yeihbeiore provided for,
exceeding the amount necessary To pay the
~ paid principal and int-rest upon said five
thousand cne hundred AID to enty Eve dollars,
.hall vsst in and belong 70 faid City Of White
Cloud.
SIC. 9. The bond provided E.r in this Or.
finance shall be pnmbertd "one."
Approved November 81. 1870.
JOSHUA TAYLOR, Mayor.
certify the foregoing 70 be . true copy Of
he original on Gle h6y ONCE.
J. Urr. City Clerk.