The Sedalia weekly bazoo. [volume] (Sedalia, Mo.) 187?-1904, 1893-03-14
THE NOTES ALL RIGHT,
The Springfield Leader" Makes
Editorial Explanation of an
important Matter.


the notes for the Springfield, Sedalia,
Marshall and Northern railroad are
80 loosely drawn a. to admit of fraud.
The objection Is 10 that portion which
says one-third of the note is due when
the road is built between" Springfield
and Sedalia. This little word "be-
tween has cause no end of worry bv
these sages. They say that a small
section of the road might be construct.
ed from Buffalo to Hermitage and
that would be between Sedalia and
Springfield.
And this is not the worst. The
road might run in an eastern and
western direction and not touch with
in thirty miles of either Springfield
and Sedalia and still it would be "be-
tween those two places. Here is the
note in full:
Springfield, No. lS9- No.-For
value received-promise to nav to the
order of the Springfield, Sedalia, Marshall
and Nyr'hern Railroad Company ut the -
Bank, Springfield, No., dollars. after
the said company shall have built or caused |
to be built Standard Guage Railroad be- !
tween Springfield and Sedalia, Missouri.
and the operation thereof shall have been
and shall have given notice
thereof by publication i'm some newspaper.
printed and published in the City of Spring
field, Green county, Mo-, signed by the
President or the Chief Engineer OF said
Company.
One-third Of said sum shall be PAYABLE
one day after the completion Of said Rail
road as aforesaid.
One-third Of said sum shall BIZ PAYABLE
one year after the completion ii said rail
road, as aforesaid. /,
One-third OF the sum shall be PAYABLE
two years after the completion of said rail
road. rs aforesaid.
This note shall draw interest after ma
urity NJ the rate of seven per cent. Der !
mum and shall be null and void unies,
aid road be built between the above named .
,oints by the first day OF July, 1895.
On the payment al this note, stock i'm :
aid company to the amoun, hereof shall ,
u issued to the maker or -heirs or H. i
ignees in even hundred dollars ii desired. q
Webster defines between" quite .
ully and among other things saws /
his, which ought to apply to the case a
t point: (
Belonging in common to two:
haired by both. q
Everybody understands they are Il
Ot to pay their notes until there is a
ontinious line from Springfield to Sc
ALA or between Springfield and Sc
ALA whichever way you want to fix
!. To attempt to collect the notes
ntil this is done or by any means to
void carrying out the plan provisions
the contract would invalidate the C
.gality of the notes. To construct a
lort line from Buffalo to Hermitage
hich is between Springfield and Sc
ALA would be an obvious attempt to
lislead constituting beyond k
doubt a clear case of irving IL III
ct money under false pretenses or h
aud. Fraud violates everything. d;
he courts have ruled over and over Ia
yain that words are to be taken in IN
.eir ordinary meaning and the spirit II
law or contract are to be consider vi
as well as the strict letter thereof. I'll
Re ali recollect celebrated case years al
70 in which a man gave his note for 81
sum which he promised mot to pay on
nit was brought against him and te
dgment rendered, the courts very ia
operly holding that the word mot" M
Is in the note either by mistake or tn
aud as IT was nonsense to suppose sr'
at such note would he given or wl
cepted by sane persons. la
BE this as it may if there is any per- tn
not satisfied with the reading of vi
note he may 90 To Secretary Wool vi
: and have it amended To suit. mi
tn