Lexington weekly intelligencer. (Lexington, Mo.) 1871-1887, 1885-05-16
NOTICE OF SPECIAL ELEC-
TION.
LEXINGTON TOWNSHIP BONDS.

LEXINGTON TOWNSHIP BONDS.
.AFAYETTr COUNTY coUaT, NAY TERM-sKCoND
DAr-MAY 8. 1885.
NOV, at this day, is presented to the court .
dent taxpayers of the municipal township OF
Lexington, in the county OF Lafayette and state
ot Missouri. praying the court 20 s9om I and
Lexington township. at q special election
10 be called and held for that purpose, q propo-
sltIon to compromise the following bonded in
d. btedness Of said Lexington township upon
the following terms and conditions. to wit: The
said bonded Indebtedness being the residue OF
the Outstanding Incorporated railroad bonded
OF said township. represented By
the subscription Of seventy-fve thousand dol.
lars in bonds heretofore issued IN The name u
said county. tor and In behalf of said township.
In payment OF Q subscription TO the capital stock
of the ST. Louis and st. joss ph Railroad com-
psnY, as shown by the records Of said county
oe~st nf saId county. and also the remainder
OF the uncompIomts.d bonds Of the is
sue OF seventy-1ve thousand dollars. here
~. and In behalf OF said township. In
payment OF q subscription to the capital stock
company. as shown by the records Of said
county court. In that behalf. the said residue Of
said Indebtedness ss aforesaid, including anv
thereon and representing said bonds and cou-
pons. and not heretofore compromised, to wit:
Louis U and ST. a.! Jo SSoS' R sIIca . c ,aT s,T a. =;
Aforesaid. amounting on the face thereof to the
sum or seventy five the usand dollars. together
o %isI ms u Ssio0ei SHaP sbese aaAG s6e p tnelsse' for or
which said last named bonds and coupons here
proposed to be compromised were Issued being
TO aid In the construction Of what was known -
the st. Louis and st Joseph Railroad. and were
subscribed to the capital stock OF said company
and OF which said amount thirty-seven thou.
sand dive hundred dollars were issued and dated
sept. l, AID . 1895, thirty.seven thousand Ave
hundred dollars were issued and dated March
' .ad i Ss:.ri GSe .e Ie'p per Gent. interest isa sS.f from aa's date s.i ::
shown by said bonds; and also the said
bonds issued to said Lexington. Ch!llicothe and
Gulf Railroad company as Aforesaid. amounting
ON the face of said bonds to thirty-eight thou.
sand dollsrs, together with all unpaid coupons
y aforesaid and being the residue Of the IN
sue Of seventy-6ve thousand dollars 70 said last
named railroad company. the purpose for which
said last named bonds were issued, being 70 sld
Lexington, Chillicothe and Gulf Railroad. all
dated July 10. 1870. and due and payable. -
nine, eleven and thirteen ycars from the said
GATE. and bearing ten Der cent. interest from the
date OF said honda.
~Second-Saidu incorporated and outstanding
bonds and coupons. Or Judgments thereon. rep
resenting said bonds and coupons. or either. TO
be compromised and funded in new bonds VI
vided BY law, rs hereinafter stipulated. Us fol-
lows:
Judgment In new bond, NJ the rate oil hity-sevsn
(bI) per cent. OF the lace OF such bonds or o.u-
| DODo Wild interest tucrcOn compute LrOm me~
turity thereof to the 1rsI day Of jay, A D.,
1855. or In case OF sny bond not being iue ct
said date. then with interest computed from the
| 18th day Of July, 1854
| And Tor and In full satisfaction OF each judy
/ msat In new bonds at the rate OF sixry-nve (SO
l per cent. OF the lace OF such judgment, with ia.
I tersst thereon computed TO The sad DIR I day Of
July. 1855. court costs TO lie paid in full In new
bonus.
be dated respectively July the first. A. D.. 1855.
| and t. become due and payable in twenty live
I years from the date thereof ami bear intcrest
from date at the rate Of SIX per cent per annnm.
payable annually. and for the purpose Of re-
demptlon the new b0nds to be divided into tour
GLASSES. and to be redeemable ut the pleasure OF
the said township, as follows: Th0se Of the
hrst class ut any time alter the lapse oil i've years
from date thereof; those of the second class ct
any time alter the lapse OF ten years from the
date thereof; those oil the third class Al any time
after the lapse of fifteen years from the date
thereof; and those oil the fourth class shall be re-
deemable at maturity. Each b md redeenable
before maturity 10 specify upon It's face when 1t
shall become redeeInabie. and each person 90
compromising to be entitled to receive bonds
Of esch OF said Classes In equal ainou Ats, ~
nearly a. may be.
Fourth-Said new bonds to be in
tions Of not less than one hundred doliars nor
more than one thousand do.lars. each and every
bond to bear interest at SIX per cent. per anuuu,
payable annually as aforesaid. and TO this END
such bonds To have annual coupons thereto at
tached, and the said ne " bonds and coupons to
be made payable to bearer al the Stale Savings
Association in the city OF st. Louis, Missouri,
or IT the ONCE OF the county treasurer OF said
county Of Lafayette, rs may be found most con-
veuient Tor ali concerned.
This proposition 10 compromise, being made
under the proposition OF the bOndhOld, 10 OF said
township, submitted by them in their behalf,
and under and pursuant to the pr visions OF the
laws OF this state. embraced liz chapter eighty
three (s3) OF the general statutes OF Missouri.
1t 10 therefore ordered BY the court that &
special election be held in said Lexington town
ship, at the court house, on
TUESDAY. JUNE sOrH. \. D.. 1885.
for the purpose of submitting to the qualified
sition to compromise said boaded debt Of said
Township. in accordance with and upon ths
terms and conditions named in said petition
and above set forth. And 1t 10 further ordered
be published according to law, IN the Lexington
Weekly lnteiligencer. q weekly newspaper
published in said Lexington township, for fouI
successive weeks before the date and time oil
the herein m. ntlOned special election VIII n said
propagation to Compromise AMI fund shall la
voted on, the last al said We by insertions te
be at least ten days before lie day OF said specia
election.
THIS done by the c1unty court.
X. BARNETT. Judge snd Prsst
ROBERr HALE,
IL. IL ELLI>G.
Attest: WV Ii STEELE, CLERK.
By SAA'LJ AspRKw, ID. &.
srA CoG on H os IArirr1rr, IS.
], VIM. Is Steele. clerk OF the county court
within and Tor The county and state uior, said
do hereby certify that the foregoing Is q full an
true copy of the order of the aforesaid count
court, rs the same appears OF record In my sai
Office. IN book 81.
Il tsstimony whereof l do hereunto set m
isEALl hand and alRx the seal of said couli
this 9TH w W.T. Of n Nay srA A. ? l ISL
BY sAh'LJ J. ANDREW, D, 9.