The Kinsley graphic. [volume] (Kinsley, Kan.) 1890-1940, 1898-10-14
VOL o. SUPPLEMENT- TO NO As
The Kinsley Graphic. 5.
OCTOBER Il, 1895
NO. 48.


!, Ia, 1898.
act providing for the recording of
assignments of real estate mortgages,
and for the release of such mortgages
by the assignees thereof, and provid-
ing penalties for failure to comply
with the law. This law gives to the
debtor notice as to who his legal
creditor may be, and the assurance
that when he pays the interest or
principal to the legally recorded
creditor, the money so paid, to the
extent OF the amount paid, extin-
cuisines the debt. Many instances
could be pointed out where the debt.
or had paid his Indebtedness to the
supposed authorized agents only to
find out, when too late, that he had
paid the money to unauthorized and
irresponsible parties, which has led
In many cases to the loss of home
| and money. This law while giving
ample protection to the debtor, in
PnO way interferes with the rights of
|the creditor but simply. protects the
debt ridden mOrtgagor against the
rascality OF persons who claim to
w. III viz AAO6 CSdS9C AOluCIs
might be wonder to some why the
Republicans had never thought to
pass such benificient law for the debt
or class. and it is true that nearly all
the Republican members in the House
OF 1897 did vote for the bill when be-
ing considered. But upon the publ
cation OF the law in the official state
paper and after the act became effec-
tive. they saw what good law they
had helped to pass in the interest OF
the poor man whose property was
mOrtgaged, many Of them joined in
protest against the law and said it
was not the kind of a law they in
tended to help pass. See House
Journal Legislature 1897 page 1881.
How will the e CTtgaged farmer
vote in November, for the party that
tries to protect him Or for the party
that protests against protecting
him?
After considering the foregoing
law, turn to page 34S and you will
find one that is to prevent dishonesty
OF persons who mortgage property
and provides a penalty for the destruc-
ton or injury of such property. This
is a law to protect the security of a
creditor from the wrong acts OF a
debtor. At the same time the debt
or is protected by the following Pro-
visO, THAT in any case where usury
Is charged or collected, this act shall
De moperaJlve ana VOID.
VINO ever heard OF a republican
legislature inserting such q proviso
In one OF their laws! Ihelr laws al
ways protect the money lender from
robbery by usury. In this law both
creditor and debtor are protected in
tnelr rlgnUs. 1901
was nearlT mnan;monsIv RennhIican
when a bill in relation to Chattle-
Mortgages was being considered
Buffalo" Jones, representative from
f1nney county, attempted 10 amend
the Dill to prevent the collection OF
the debt secured by the mortgage
where more than twenty four per
nD11W e XAE charged. Only
= 80 3 "a "a ~ ID "a
tnls Jusc anu ~ nOsouS aMeslu .n<
ana tne gre9C I1enosEl q Cne P10r
ueDIOrs OF Kansas, Vi 1ne Mdu VINO
mao pfoDaDly gwen cn6CIie moro
gage on every 9Orse, COW, pig anu
chicken on MS place TO secure q nItie
money 70 tioe MIN over some nafo
luck, voted down tne amendment
with whoop that drowned Jones
under an exultant cheer OF noes.
This was one OF the proceedings OF
last legally assembled RepuDlcan
legislature OF Kansas, the legislature
OF 1889 of which Hon. Webb Wilder
then Insurance commissioner, SAID
In his report Tor that year, When
the legislature adjourned last March
every body In the state-house feit as
II they had been through q cyclone.
There was profound thankfulness
when the wind-bags left.
TAXATION.
Properly noluers III !nany iasCAh-
ces evaoe OF aIoempI 70 evaoe tne
paymenG OF tnelr !usC snare oi the
taxes. Ihree i mp Haa Ia avs hI W ere