The Topeka state journal. [volume] (Topeka, Kansas) 1892-1980, 1902-04-18
THE Topeka CASH dry GOODS co.

Independence, Kan; M i. Adams ana
E. r. SalathieI of Oklahoma City, Ok.
The pricipal places of business are IN
dependence, and Oklahoma City.
THE CONDITIONS PROPOSED
The following are the conditions
which the committee proposed to the
Vinew0od Park railway and which the
railway objects to:
L The said railway company shall
save the city harmless from all costs,
damages and expenses for the payment
of which the said city may become la
BILE to any person, persons or corpora
ton by reason of the granting Of said
right of way to said railway company,
or by reason of the construction or op-
Grafton of said railway, or by reason Of
said railway company failing to con-
struct suitable and proper crossings, or
by reason of said company failing to
perform or comply with any OF the pro
visions or requirements contained n
this ordinance. Provided: That said
railway company shall in all cases be
notified by resolution Of the city council
of the tendency of any suit for any
such liability, and be given an oppof-
tunity to defend such suit on its mer-
its.
3 Except by and with the consent Of
the city of Topeka, the said The rope
ka and VineWood Railway company
shall not sell to any person or persons,
company or corporation the franchise
hereby granted or any street railway
builded by virtue hereof, nor shall the
railway of said company be leased sor
operating agreem ents affecting it be en-
tered into unless previously consented
to by the said city.
g. The records and books of account OF
the said The Topeka & VineWood PARK
Railway company shall be at all times
open to the inspection of such person or
persons as may be designated for that
purpose by the mayor and council OF
the said city Of Topeka, and the said
railway company shall on or before the
n
with the city clerk of Topeka in form to
be prescribed by said clerk a report Of
its transactions for the year preceding,
which report shall contain substantially
FirsINames and addresses of princi-
pal officers.
Second-Names and residences of di-
rectors last elected.
Third-Ful information as to capital
stock.
Fourth-Full information as to bonds
or funded debt
Statement showing cost Of
road, equipment and permanent I'M
sixthNstatement of gross earnings,
showing sources of same with respect
i've amounts.
Seventh-Statement of operating ex-
Eighth-Statement of receipts from
all sources.
Ninth-statement of total expendi-
lures.
Comparative general balance
sheet for current and preceding years,
showing increases and decreases
Eleventh-Present or contingent la
bilities not included in balance sheet.
TWelfth-InventOry Of equipment
Thirteenth - Amount of business
transacted during year covered by re-
port.
The said report shall be published in
the official city paper if the mayor and
council shall so order
Sec. NO mortgage bonds in ex-
cess of SO per cent. of the cost OF SalQ
railway shall be issued by said Topeka
and VineWood Park railway company
upon any railway builded under the
provisions of this ordinance, unless con-
sent to the issuance of such bonds
shall be first given by the mayor and
council of said city OF Topeka; nor
shall such consent be given by the said
mayor and council until an investiga-
ton of the business transactions of said
railway company shall show coneIu-
sively that the earnings OF said rail-
way company over and above its cost
of maintenance and its operating ex-
penses are sufficient to insure the
prompt payment of the interest on said
bonds at the prescribed times Of pay
ment. and to create a sinking fund SUI
/ ficient to retire the bonds at their ma
I turity.
s. Within the terms herein prescribed
( it is the intention of this ordinance TO
allow to said the Topeka and Vinewood
! Park railway company a reasonable
profit upon its actual investment, but
1 the city of Topeka reserves the right to
4 lower the rates and charges for traffic
4 made by said railway company when
/ ever in the judgment of the mayor and
/ council Of said city the earnings of said
railway company are sufficient to JUS
/ tify such action.
s. Before this ordinance shall become
/ effective, the said The Topeka and Vine
/ wood Park railway company shall have
i dismissed all suits it may have pending
against the city of Topeka in any OF
/ the courts Of the state of Kansas, and
/ shall have paid the costs of all such
! suits. and further, shall have by writ