Barbour County index. [volume] (Medicine Lodge, Kan.) 1880-current, 1897-02-10
SENATOR cAMpBELL's BILL.


has been reported fayorably by the COM
mittee. 1t will undoubtedly pass The
Senate and bids fair to go through the
House. If the bill becomes a law it
will partially solve the question of idle
labor in Kansas. The provisions are
such that the state will lose nothing by
its adoption:
AN ACT.-To enable cities and town
ships to employ idle labor, and to pay
for the same In treasury notes; author
izing counties to issue said notes, and
providing tor their redemption by the
state of Kansas; also providing against
counterfeiting said notes, and exempt
ing the same from taxation, and for
other purposes
Be it enacted by the Legislature. of
the State of Kansas:
Section 1st. Immediately, after the
passage of this act, the governor of the
state of Kansas, shall cause to be en-
graved suitable Autograph plates, and
there shall be printed therefrom on lin
en- or silk paper, circulating notes, of
and five dollars respectively.
Section End. Said notes shall be in
| convenient form for circulation, and
shall bear interest at the rate one per
cent per annum, principal and interest,
| payable at maturity at the ONCE of state
treasurer at Topeka. Kansas, and SAID
notes shall be forever exempt from all
forms of taxation, state, municipal and
otherwise.
Section 3rd. The governor of the
state of Kansas is hereby empowered to
call 20 his assistance one person, who
shall be known as state loan commits
sioner, and shall be appointed by the
governor for the period of four years,
and shall receive as compensation for
| his services the sum of five dollars a
day and expenses for the time neces-
sarily and actually employed in carry
ing into effect the provisions of this act.
Section 4th. Under the direction of
the governor of the state of Kansas,
said commissioner shall visit each or
| gained county within the state, where
it is thought best to introduce said
loans, and the county commissioners of
the several counties are hereby empow-
cred to receive said notes for and on be-
half of their respective counties, in
sums not 10 exceed one per cent of the
assessed valuation of the property of
said counties IN any one year; and pro-
Vided further that the total amount re-
celved by any county under the provis-
ions OF this act, shall never exceed four
per cent of the assessed valuation.
Section 5th. That after the printing
of said notes as herein provided for, the
same shall be of no force and effect un-
til signed by the loan commissioner on
the part of the state, and by the chair
man of the board of county commission
ers on the part of the county, in such a
manner as to make them obligatory
promissory notes; and provided further
that before said chairman of the board
of county commissioners shall sign said
notes, he shall first be authorized by
an order of the board of county commits
| siOners, at regular or called meeting
of said board
Section 9Th. On the signing of said
notes as herein provided for in such
manner as to make them obligatory
promissory notes, the same shall be ap-
portioned among the several townships.
OF said counties, according to their as
sessed valuation but no township or
city shall receive sum greater than l
per cent of their assessed valuation in
any one year; and provided further that
the total amount received by any town
ship or city shall never exceed four per
cent Of the assessed valuation.
Section 7. The promissory notes
herein provided for, shall be issued in
series, one, two, three and four, and
shall date from the beginning of the
year in which they are issued, and shall
mature and be payable, principal and
interest, ten years after date of issue,
and at maturity of said notes. all inter
est shall cease.
! Section s. For the purpose of re-
deeming said notes at maturity the
state board at the time of making its
levy for the state taxes. shall also assess
the the taxable property of the counties
issuing circulating notes as herein pro-
vided for, a sufficient sum to redeem
said notes at maturity; but no greater
levy than one half ~ of one per centum
shall be made in any one year; and pro-
vidCd further that the treasurer of the
state of Kansas may redeem any of
said notes before maturity by giving
six months notice by publication in the
official state paper, particularly describ-
ing the series numbers and denomina-
tons of the notes to be redeemed. and
at the expiration of said six months no.
tlce, all interest upon the notes so ad
vertised, shall cease, and provided fur
Their; the treasurer may in his discre-
ton redeem any of said notes on pre-.
sentation before maturity and hold the
same as cash in the treasury.
Section 8. That all townships and
cities receiving circulating notes under
the provisions of this act, shall pay out
the same in discharge of indebtedness,
incurred in the employment of all idle
laborers of said township or cities who
shall apply for work and render salts
L E. - n = ii. l.