The Leavenworth weekly times. [volume] (Leavenworth, Kan.) 1870-1880, 1878-12-19
cn>xrY AND IYRONDED DE-

Interest al per cent, I'VE yea1s .-.ao m
PisI.e City & r. Des NOines Rail- 800 .,
Interest AZ per cent i've years
due..............- Aos''' w
Total Railroad Deot-.--.......-.& s9i.un2 %
Annual interest on the above--.-.--- .1s7 70
If the above could Dr. compromised, say
at fifty cents on the dollar, interest at four
per cent would reduce the principle to
S447 ,O26. % snd the annual interest on the
same to SIT ,ssl04.
County Court House Bonds .---......s 1900 W
Interest, 20 per cent paid up. .o
Ne~ ~ per rent Funding Bonds S.sS w
Interest paid no. ,,on
New ~ per cent Bo.ds. li,o4o "
Interest paid up q.
Nee per cent Fund ng Bonds--.-. loIss s.
Interest paid up.
Making a grand total of County debt, sl.-
oso is2 s..
This Shove the county debt, bonded and
not, provided Tor BY levy.
The annual interest on other thsn raj
road bonds amounts to SlS6l2SO. Gould
the interest on these latter bonds be re
duced 70 not to exceed 6 PR CT. per annum,
that would amount 10 Sll, l67 SO, or total
interest for railroad and other bonds OF 81, !.
| O4S 81 and an annual levy Of four ami ball
mill. would pay the came, and further
lew of FIVE mile for general, and one piil
for poor, and siI mills for State, would be
six,.eu and half mills, and add one mill
| for bridges and roads, and make it positively
understood that no more should be annual.
| " expended, the county could and would
oct along much better than at present, fol
we fnd by looking at the books OF the
| County Clerk, ten thousand dollars more
expepded than even levied for. Will thai
do to keep house.
Our city debt ia a. follows:
Missouri River Railroad. s2So O .
Interest at per cent. I've years due e1.cVo
ro,,, railroad deb, sal 500 .
| Mount MuncIe Cemetery -----...--.. l0,0oU
| Interest At ten per cent, yearsdI S,uue
Ssnt1 M ..................... IL. 6
nsat men nHu $4,000
!, school bonds interest ten per Gently lis,2si't
Total $685.. $50
That is the total city, and city schot
: bonded debt OF to-day. with an annual II
terest of SOL OF 20
Now TO compromise our railroad DONG
|, and Mount Muncie cemetery honds al MI
: cents on the dollar, and interest net to e.
: coed four per cent and all other bonos
be re-bonded Al an annual interest not
exceed ak per oeut per annum, would
az follows: Total debt, S515. 5000 at
annual interest Of S27, 43l II; city Al
school, and would require the followil
levy: City interest six mills, school thr
mills, and fige mills for general schoo! pu
10 poses, making fourteen mills for city .!
10 school that would make grand total
II county, city, State and school Of 81 mill
y We can safely look ahead that the Sta
OF will not levy AK mills again 60 that We G
ts get taxes 10 below three per cent. and tn
~ see to it that all taxes must and shaii
promptly paid when due.
The city would need from the hands
10 the Legislature q Law 10 license, tax. q
I'D regulate all occupations Of whatever xii
OF to make up a general fund for running
e. penses and gave the three mills levied n
al Tor general fund, and Say to the Legis
N, ture, give us the above enabling acts, :
further, say, as a guarantee to the hold
'ce of the new bonds, not dollar OF any h
10 Of Dew bond. shall he Issued.
in COMPROMISE