Dodge City times. [volume] (Dodge City, Kan.) 1876-1892, 1885-03-26
HOCSr ELL No. 191.
lFirst published March 6, 1885.
AN ACT

Permitting the board Of county commissions Of
Barton county, Kansas, to fund its Indebtedness.
Be 1t enacted oy the legislature Of the state of
Kansas:
SECTION !. The board of county commissioners Of
Barton county. Kansas. hereby authorized
empowered to issue and sell the bonds OF said coup
ty In amount not to exceed fifteen thousand dollars
and apply the proceeds thereof exclusively TO the
payment of outstanding county orders and the in
terest thereon which due against said county al
the time of issuing said bonds
SEC 2. No bonds shall be issued under this act
for less sum than five hundred dollars, and shall
nave interest coupons attached thereto. bearing in
terest at the rate of six per cent per annum and be
made payable to bearer at such place az the COM
mlssioners may deem best. Said bonds not to run
more than fifteen years the interest 20 be payable
semi-annuaily on the first day of January and July
In each year, at the place where said bonds pay
able.
SEC. 3. All bonds Issued under the provisions of
this act shall be signed by the chairman of tie
board of county commissioners and the clerk of
said county and counter-igned by the treasurer
and shall nave the seal of the county attached and
be by said clerk registered in a book by him kept
for that purpose which register shall show the date.
number. 10 whom issued when and where payable.
rate OF interest. and amount of each bond.
Sec 4.Sad bonds shall be sold at not less than par.
and all moneys derived from the sale thereof shall
be paid over to the county treasurer to be by him
disbursed for the purpose Of paying outstanding
county orders. and for no other purpose.
Sec 5. II shall be the duty of the board Of coun-
the taxable property in the county, in
addition TO the levy authorized for other purposes
sufficient sum to pay the interest on OUTSTANDING
bonds accrung before the next annual levy. and at
the expiration of onehaf the time which said bombs
are drawn TO run they shall levy sufficient amount
In addition to other authorized levies, to create a
sinking fund for the final redemption of the same:
and the money collected and accommodating from
such levies shall be known ''bond funds aud
shall be used for the payment of the bonds and in
terest coupons, and no other purpose whatever.
SEC. 8. Whenever after the expiration of one half
tne period said bonds are to run, there shall be in
the hands OF the said county ,surer, belonging to
The bond funds after setting ASIDE the required
to pay the interest coupons maturing before the
next annual tax levy, an amount sufficient TO redeem
one or more of said bonds it shall be his duty to
nodfy the owner OF said bonds that he is prepared
70 pay the same with all the interest accrued there
on; and If such bonds not presented for redemp-
lion or payment within thirty days after the date of
euch notice. then the Interest such bonds shall
cease, and the amount due thereon set Iside for
their payment when presented said bonds to be
paid in the regular order of their numbers.
Sec. T. This act shall take effect and be in force
rom and after its publication in the official state
paper.
Approved March 4, 1885
do hereby certify that the foregoing is a true
and correct copy OF the original enrolled bill now
on file In my Office
In testimony whereof I have hereunto subscribed
my name and affixed my official seal
lsEALJ Done at Topeka, Kansas, this 4th day of
March, A. u. 1885. +. Il. ALLEN,
Secretary of State