The Wichita daily eagle. [volume] (Wichita, Kan.) 1890-1906, 1894-12-22
published Dec. y, lS9i)
npDIN Noe Nh 1@Sl

An ordinance providing for the issue Of
bonds OF the city OF Wichita, Kansas. IN
the sum OF $4,000. TO compromise ahd
refund certain existing bonded Indebted
ness OF said city.
Whereas, The city of Wichita, Kansas,
has a certain bonded Indebtedness in the
sum OF 100000 principal. heretofore le-
gaIIy created. and which has been issued
and outstanding more than TWO years
and
Whereas. A compromise has been
agreed upon between said city ana the
owner and holder OF said bonds; there
fore,
Be it ordained by the mayor and coun-
cilmen of the city of Wichita, Kansas,
Section l. That for the pI rpose OF COM
promising and refunGing said bonded IN
Gebtedness. new bonds OF said city IN inc
sum of fifty-seven thousand dollars Co.,
Oo00D be issued as hereinafter provided.
Sec. >. That said bonds shall be of the
denominat ton of Sl,sl1.O1 each, snail be
numbered Consecutiveiy from 10 % N
elusive shall be dated January ], ls5, and
shall become due and payable twenty
years after date.
See 3 Said bonds shall bear interest at
the rate of six per cent per annuIn. from
their date, payable semi-annuaIly on the
first day OF January and July, IN each
year. and the several installrnents OF IN
terest shall be evidenced by coupons at
tached to said bonds, and both principal
and interest shall be payable as they be
come due at the fiscal agency gf ne state
of Kansas in the city OF New York
Sec 4. Said bonds shah be Signed by the
mayor. and attested by the city clerk,
under he seal OF the city, and said
coupons shall be signed by he mayor and
clerk.
Sec. 5. The mayor and clerk are hereby
authorized and directed 10 prepare ana
execute said bonds and coupons, and the
clerk shall register same in his Office and
procure heir registration by the county
clerk. and the mayor and clerk shall make
out and transfer TO the auditor OF state
certified Gf4fgFuauf of all proceedings
herein as shown OF record, and mat the
said bonds have been issued for value in
all respects in conformity 10 the act OF
the legislature entitled AN act TO enable
counties. municipal corporations. the
board of education Of any city and school
districts, TO refund their indebtedness,
which took effect March 10, 1873, as
amended for certain Indebtedness sur
rendered. distinctly describing the bonds
issued and the Indebtedness surrendered,
and that they have been duly registered
by he attesting clerk and the county
clerk, as required by said act. which state
ment shall be in such form and include
such other information as the auditor Of
the state may require, ana be signed by
the mayor and clerk. and dtfeStet BY the
clerk with the corporate seal OF the city,
and be duly acknowledged before the
county clerk And when said bonds shah
have been registered and certified By the
shall deliver same 10 the holder q said
indebtedness so refunded, according TO
~ terms Of the said compromise hereto
fore mace therein. providing. that sad
bonds shall not be issued until the bonds
for which said refunding bonds are 70 hc
Issued. shli be delivered % for cauceila-
lion. ana marked in a plain manner with
the words paid in fun
Sec. 8. This ordinance shall take effect
and be in force from and after its publ
cation.
Passed in council Dec Z1sf. lot
Approved Dec. Zst. I.st
l.. N cox. Mayor.
Attest: c. s. SMITH. City Clerk