The Wichita daily eagle. [volume] (Wichita, Kan.) 1890-1906, 1890-10-07
ABOUT RAILROAD BONDS.
The city Council Discusses the Dakota, Wich-
tia and Galveston Railroad Bond Propo-
sltiOn and Defers Action.


The city council last night in special ses
sion deferred action on the bond PROPOSE
ton concerning the Dakota, Wichita and
! Galveston railroad
THE PROCEEDINGS.
Members Caswell, Carson, Buckeridge
Brown, Glaze, Mckee, Williams, Martin,
present, Chairman johnson presiding.
The special meeting was called to consider
the bond proposition of the Dakota, WITCH
tia and Galveston railroad. The bond
proposition was read, asking that the
council submit a proposition to the people
to vote $4,000 to the proposed road. Bonds
IN denomination to be 81, 900 each, payable
in twenty years, 6 per cent.
The report OF the railroad committee
was read stating that more than two-ffths
of the tax payers had signed the
petition for the election and the com
mittee favored granting the prayers of the
petition.
The following resolution was read:
Resolved, That the directors of the
board of trade of Wichita favor the city
council Of Wichita submitting TO the peO-
pie of the city the proposition to vote at
the general election in November, 1890,
$50, 900 in bonds to be delivered to the Da-
kOta, Wichita and Galveston railroad
when the line is completed, and not before,
from Mcpherson, Kan, to Wichita, Kan
Glaze moved the prayer of the petition
be granted and the report of the commit
tee be adopted.
Senator Bentley said, "In the midst of
life we are in debt" Eisenmeyer, of Hal
stead, three months ago started the branch
from Halstead south. The proposition OF
the new company was favorable to the
board Of trade directors. IL would be
cheaper to hold the election at the regu-
lar election day Aid had been voted in
Harvey county and propositions pending
IN Mcpherson county.
Buckeridge said he had seen dozens OF
men who had signed the petition under
misapprehension. Senator Bently was
very enterprising when the money came
out Of the tax payers. He then went over
the Kansas Midland experience in the city
and Bently's connection with the same
He also went over the railroad bond in
debtedness Of the city and said that if it
WAS known positively the Union Pacific
was b-.ck Of the proposition Dine-teuths of
the tax payers would favor it. The 50
colled board of trade" had sent in a petit
ton not to deliver the bonds until the road
was built. He thought the caution was
unnecessary. He thought enough time had
been given to consider the matter The
city's experience in plug roads had not been
flattering
Carson thought it was bob tail' road
and asking for more bonds than any other
road that came into the city. This state
ment was corrected by figures on the bond
question.
Buckeridge said he was in favor of le-
Ultimate railroads. but he complained of
the manner in which the proposition had
been brought up.
Caswell said he believed with Buckridge
partially, but Buckridge was setting him
self up denying the people chance to vote.
The chair called on William Mathewson
who said he would want to investigate
further before giving an opinion. He
would favor trunk line road but the one
under consideration was a "bob-taiP and
he would not favor it,
Carson moved to refer the petition back
to these gentlemen" to see the signers
again as some Of them wanted their names
off the petition.
Senator Bentley urged that prompt &C
ton was necessary and a delay until April
would be fatal.
Martin said he would have TO vote in the
negative and ne hated to vote with Buck
ridge, but this time he was forced to stay
with Buckridge.
Carson wanted depot proposition sub
mitted
Buckridge said that there were many
names on the petition that were placed
there under a misrepresentation. To this
senator Bently replied that he circulated
the paper and no man had made his mark
and no one would be compelled to make
his mark but Buckridge The councilman
then stated that he meant no reflection.
when Bently replied that the councilman
could not reflect on him
senator Beutly said the law was that
after a certain number of tax PAYERS had
the council is compelled to call
an election. To this johnson inquired if
the council had no rights, when he was
that the council had a right to
see that the petition conforms to the law
in the matter
and those on hand were able to settle the
question.
Mckee said he had heard some say it
was a farce to vote bonds TO the road.
Carson moved a depot be built costing
10000 with Buckeridge a second. Later
he cost of the budding was placed in the
motion at $4,000
Caswell said a special election would
,ost 1000. The chair, by way of correc-
ion, made il $500.
Senator Bentley know you have had
, German picnic today and some have
been there. As a result of this | would
'avor putting il off until tomorrow night
Carson made another motion 10 the eff
'ect that the railroad committee figure on
he report until next Monday evening
,lso have the mayor and city attorney
examine the petition.
Buckeridge said il was a question of $500
o the railway company and of $4,000 to F..
he city. You must remember Us council !
men work for $50 a year
Bentley have seen a number of people /.
Who think the council get more.
BuckeridCe continuing said he did not I
know about the extra, personally, but he |
lid know that he wanted some restrictions /
m the bond proposition.
The motion TO refer back to the commit /
ee prevailed.
BAwLEY AT WICHITA.
rom tho Hutchinson News.