The Emporia weekly news. [volume] (Emporia, Kan.) 1881-1889, 1883-01-25

A ~ - eAiSiO was M uHc "a paylui
Z per cent when it could be refunded
for less rate Prominant am,,n,, ,has,
r -. ~ ~, - 1.--s ."os'
SAi' iiouu W tue Empofia Na'lona
Bank wrote to various parties out
: side of Emporia who were III
, Others was w. B. Clarke,
, of Junction City and Smedley Darling
, ton of West Chester, Pennsylvania.
!, During the months OF May, June and
July, 1882. and after / had begun 10
writ. outside of Emporia, Air. Hood
came forward with proposition Con-
tained in his Letter IN words and figures
as follows:
ENPoRIA. July IA, 1882
To the Hon COB'nfssi0nef9 Of Lyon
| "S
inc ,Se na,an,;n1 ,9S. you are Gonsldei
ed indeb.edness of Iyon coao,y or
| $255. 06o, l m: K the following prosi-
t'oni
81, TN 't.s, anS o9 s per
a refundins bond win an years 10 nm
/ interest 6 per cent principal and in
New York, interest payable semi-an-
nnaily-option or county 20 pay alter
~ years me new ponds TO be deliver
60 as las. as me ora ones are cancel
90, the whoie u De aone without cost
to tie county respectfully
! q dopp.
This was The ba., nronosi,ion we had
a. -, -..-I III. D.,
up " 'ha' uAte 'eCehe"' rug tlo"'u
j considered Mr.. Hoods proposition and
made up their minds 10 enter into a
CONTRACT with him 10 -sC,,nd ord ,.on,, 90
-. 80.
see f.ila LOT 'he purpose OF closing the
matter out, aud when we gut tbs re he
! backed square down from The DroDosi.
! tion and s,,ovad nx i,,,ars .n1 A.,
!
/ pltenes If'm D"hhtlI, LAWSON and
| Simpson, to the CT that The bonds
could n Il be refunded unun any such
| ,arms su the msttsr vyss ,,.onn,.i ,ho,.
r., ''te "i'PPH 'AsiF
as he haa no other proposition TO make.
We afteFWaTd had = proposition which
VISA eousi,v ss eood as uood,s frou
Cr,a,,,1i,, 49,, - NJ. 60.
.. "ce' NhesteE'
ia, winch is contained IN his letter In
words and figures as follows:
WEST CHESTER. Pa Auv Il 1880
IT. r. Holmes. Elsa. C5ojy,oo,, Baor,y
County Coma tssi6ners, Emnorta, Nm.
DEAR ORR 1nar letter OF august It'll
| 49, -, -. Nou'" "a
| following terms; The county "ommis1
! sioners To order in the old seyen's TO be
presented at Donneil, Lawson &sSimp
snd ,nteres, a0d ~ r"i ;s pay mem az par
cent. 10 80 bonds, principal and ioterest
| payable at the fiscal agency of New
InS, In.EIeSt payaDie semi annually
wear the conntv 10 he at ,ha a,,Ia,s". ~
them at Donneli, Lawson i Simpsons,
Nen So aois ~, ,rco OF EXPENSE ana take re In
funds the seven's even ;nio six;s with
out expense to the county except the
printing OF he new bonds spd little
- - 1890 80 nI , 1'arIls cSIu-
was satisfactory.
II you offer me these terms | will
give you positive answer Immediately
"he'hs' accept VI not
SMEn,Ey D.RiyScrox
AreF RECEIVING these propositions ana
Nearing Tue opinions oil different parties
on tnS SUBJECT Tue noaEa came 10 the con
cias'"n 'nat Inc Indebtedness might
DE reiuh"eo ON oet'er terms than
a"S vi 'hehl' ou' 'hht II womb DC neces
sary 10 cur loose from the Emporla
banks 20 40 IL. 80 n the month OF Octo-
peF last 'Ae uoaFo resolved 10 SEND
ths AnusIsighed e"stto sec what could
ne aOhS Wiip DaAkerS 81 1oston, Ne"
4oFN anu fhiiaueiphla. Whereupon
MeSsrs. scott ~ Lynn were consulted
about the matter and we laid the
whole facts Before them as herein
set forth, and upon their aG-
vice anu oAr own Judgment We
tnOugat 1t would De better 10 say moth
ing about The mliter until could getto
the east aud see what could be done be-
lore Inc bankers mere could hnd 1t out
anu lhro" Stumbling blocks IN my way
l oelng stranger In eastern cltles' as l
IA" oeen lhi"ti''eu iney iau done WIN
the mayor .! 'he cry oil EmpoFla
IN ms eHorts 10 refund Tue
eltY indebtedness % being
furnished by Messrs. Scott and Lynn
win htters 10 prominent trlencs Of
theirs IN New YORK, set out on tie
An day OF December for New York !
went oy fhilSGelphia ana went out u
see MI Smediey harrington, OF "est
thesleF' IA see what was Inc nest We
coaiu 40 win hlni. asceitained from
INN that the lime had passed ior refund
ing on his proposition made IN August
mat money matters had gotten much
Ighter since the da'e OIL his leuer anu
'hat ne "oulu not mink Oh entering into
contract WIN Tue county "h ln0se
tsrms al That ua'e. linen lelt min anu
welt 10 New York 10 see what could be
done there hen | arrived there
called on the principal bankers and
brokers IN the city engaged in that bus
mess, amongst others Messrs. Donnell,
Lawson * Simpson, fiscal agents of
the State of Kansas. could gel 40
propositions out of any of the parties in
New York asccrtained that no one
dealt IN Kansas bonds but Smedley
Darlington and Donneil, L'wson,
Il Simpson. had a conference with
Mr.. Neems, Donnell, Lawson Il SImp-
sOn's broker. who does all that kind of
business IN New "rk ana ne informed
me mat ss they haa had eommnnica-
lions with their correspondents the
bankers al Emporia, IN reference 10 thc
matter oil rounding thai D"nneIi, Law
son " simpson would enter into no pro-
} position unless done through their cor