Lexington weekly intelligencer. (Lexington, Mo.) 1871-1887, 1885-05-30
NOTICE OF SPECIAL ELEC-
TION.
LEXINGTON TOWNSAlP BONDS.

LAFAfkTTk COUNTY Cou6T, MAY TERM-sRCoND
DAY-hAY 6. 1886
NOW at this day, is presented 10 the court Q
~ pstitton slgned by afty and more Of the res
ident taxpayers of the municipal township OF
Lexington. In the county Of Lafayette and state
Sau M.' &c 4. :o BBT.y,nS the ,S court nn, 5S s9bm . and
to be called and held for that purpose. . propo-
debtedness Of said Lexington township upon
the following terms and conditions. to wilt: The
said bonded Indebtedness being the residue OF
the outstanding uncompromlsed railroad bonded
indebtedness OF said township. represented By
the subscription of seventy-hve thousand dol.
ssId u, aou DT1as Tor 9e ssS 10 se Issue of an. IN ne ,en name Of
In payment OF . subscription to the capital stock
of the st. Louis and st. Joseph Railroad COM
court Of SAID county. and also the remainder
OF the uncompromised bonds OF the is
sue OF seventy-hve thousand dollars. here
y, and in behalf Of said township. in
payment OF = subscription to the Capital stock
company. ~ Shown by the u recor,i. os .a,d
county court. In that behalf. the said residue OF
said Indebtedness As aforesaid. including any
thereon and representing said bonds and cou-
pOns. and not heretofore compromised, to- wit:
First-The said bonds Issued to the said st.
aforesaid. amounting on the face tn reof to the
sum OF sevsnty-nvs thousand dollars, together
with the unpaid coupons attached thereto, or
originally belonging thereto, the purpose for
winch said last named bonds and coupons here
proposed to be compromised were Issued being
10 aid In The construction of what WAS known as
the st. Louis and st Joseph Railroad, and were
subscribed TO- the capital stock of said company
sand i've hundred dollars were issued and dated
Sept. /. A. ID , 1865, thirty-seven thousand Ave
hundred dollars were Issued and dated March
and bearing ten per cent interest from date. %
shown by said bonds; and also the said
bonds issued to said Lexington. Ch,llicoths and
(1nlf RRtlrnnd cnmnAnc aR afnrRs ~ omnuntfn~
on the face Of said bonds to thirty-eignt thou.
sand dollars, together with all unpaid coupons
compromised bonds and coupons OF the said is
sue OF seventy five thousand dollars 10 said last
named railroad company. the purpose for when
Lexinsion. Cniliicotne and Gulf Railroad. ali
shown by the said issue Aforesaid. in i've. seven,
nine. eleven and thirteen Years from the said
date. and bearing ten Der cent. interest from the
SecOnd-Said incorporated and outstanding
bonds and coupons. or judgments thereon. rep
be compromised and funded IN new bonds Of
said county In behalf Of ssid township. ~ pro-
vided by law. rs hereinafter stipulated. Us fol-
lows:
On each and all bonds and coupons not IN
In new bonds ut the rate OF ntty-tevsn
toD per cent. OF the lace Of such bonds or oou-
pOns with Interest thereon computed from ma.
turity thereof to the nrst day OF Jsiy, A. D.,
1sss, or In case Of sny bond not being due ct
ooAuA BIC tuCh u kutcIc6t COmpultu IIOm v
And Tor and in iuil satisfaction of each judy
ment In new bonds at the rate OF slxIy-dve (e5)
per cent. OF the isce Of such judgment. with IN
terset thereon computed to the sad hr, { day Of
July. 1855. court Costs to be paid in full In new
bonus.
Third-Said funded or compromise bonds TO
bs dated respectively July the nrst, A. D.. 1885,
and t. becoIns due and payable in twenty-five
years rom the date thereof AMI bear interest
from date at tue rate Of SIX per Cent per snnum.
payable annually, and for the purpose of re-
Glasses, and to be redeemabie ut the pleasure Of
the said township. rs follows: those VI the
afst class at any time alter the lapse vi five years
from date thereof; those OF the second class at
any time alter the lapse of ten years from the
date Thereof; those OF the thnd class at any time
after the lapse of fifteen year, from the date
thereof; and those oil the iourlh class shall be re-
deemable ut maturity. Each bind re,leemsbls
before maturity TO specify upon It's face when il
compromising 10 be entitled to receiye bonds
OF each of said classes in equal amouats. ~
nearly as may be.
Fourth-Said new bonds to be in denomins-
tons Of not less than one hundred dollars nor
more than one thousand dollars, each and every
bond to bear interest at SIX per cent. per snnum,
payable annually as aforesaid. aud to this end
tuch bonds to have annual coupons thereto at
and the said ne " bonds and coupons to
be made payable to bearer al the state Savings
Association in the city OF st. Louis, Missouri,
or al the office OF the county treasurer OF said
Venient Tor ali concerned.
This proposition to compromise, being made
unueT me proposition oil the DOndhOlurrs o. said
o wnship, submitted by them in their behalf,
and under and pursuant to the pr visions OF the
laws Of this state. embraced ia chapter eighty
three (S3) OF the general statutes OF Missouri.
IL 10 therefore ordered by the court that a
special election be held in said Lexington town
ship, At the court house, on
TUESDAY. JUNE 10Th, a.. D.. 1885.
for the purpose of submitting to the aualIded
voters oil said Lexington township said promo.
sition to compromise said bonded debt OF sand
toWnship.. in accordance with and upon the
terms and conditions named in said petition
and above set forth. And it Ia further ordered
mat mis- proposition and notice OF said election
1e published according to law, IN the Lexington
Weekly Intelligencer. a weekly ne wsusner
in SAID Lexington township. for four
successive weeks before IN. dIt- aud tine Of
the herein m.ntioned special election whrn said
proposition u compromise ami fund shall be
voted on, the last oi said We, ky Insertions to
election
This done by the C mnty court.
a Judge and prest.
ROBERr HAZE,
IL. III LII
Attest: WM Is STEELE, CLERK.
by sAM'LJ ANDREW, d.. c.
STATE OF MISSOURI,
COUNTY OF LAFAYKTTE, (ss.
]. VIM. Is steele. Clerk OF tn. countv CONF,
within and Tor The county and stu, stnr.s.ia'
hereby certify that the foregoing is a full and
true COPY OF The order of the aforesaid county
onice, In book q. a."
In testimony whereof | do hereunto SET NV
IshALl hand and Mix the Seal of SAID count.
ms 'th day OF MAY. A ID . les5
~ WM. Is. h Clerk.
BY sAM'LJ }, ANDREW, D. c.