Kansas agitator. [volume] (Garnett, Kan.) 1890-1905, 1902-02-28
Commissioners Proceedings.


Garnett, Kas., Feb. IA, 1907
Board met as per adjournment from Eel
1th; all members present, and j. 4. Calvert
county clerk. 10
Board proceeded to cancel warrants.
Board adjonaned to meet Feb 49, 1907.
G A McADAM, Chairman.
Attest: l. CALVERT. Co. Clerk.
Feb. Ii, I0G..-Board met as per adjourn
mcnt; all members present. and J f. Cal
vert, county clerk.
Board took up the matter OF rcfundinI
$4,000 OF the outstanding Anderson count!
bonds, and the following resolutions wer'
accepted, to-wlt:
RESOLUTIONS.
Providing for the Issuance OF bonds OF An
derson county. Kansas, In the sum o. s40OG
to compromise and refund certain existing
bonded indebtedness Of said county:
BE IL known that ut II regular meeting Of
the board of county commissioners Of Ander-
son county, Kansas, held on the 18th day OF
February, 100, said meeting being u regular
adjourned session. all Of said board being
present, and voting In favor thereof.
! WHEREAS, Anderson county, Kansas has, Il
certain bonded indebtedness In the sum Of
S.l9010 heretofore created, and which Is Il
valid and binding obligation OF said county,
outstanding more than two rears, said bond
ed Indebtedness being more particularly de-
scribed as fellows:
Si2O.OOO issueq July |. 1885, due January |,
1905
sa9,OOo issued FEBRUARY ~, lss6, due jan l.
1906;
So 900 issued July |, 1887 due July |. 1907;
All of said bouds bearing six (6) per cent
semi-annual interest, as evidenced by cou-
pOns thereto attached, both principal and In
lerest being payable at the Kansas state Ms
cal agency, New York city,, New York, said
bonds being of the denomination of $1,000
each. and issued for the purpose of refund
lug, Anderson county having pald all the In
terest which has matured thereon, the last
payment having beed made January !. 1907;
and payment
WHEREAS, A compromise has been agreed
upon between Anderson county, Kansas, and
the owner ana holder of forty thousand 90
600 dollars of such bonds, for refunding said
Indebtedness at Il reduced rate of Interest;
therefore, bc II
Resolved by the board Of county commits
sioners of Anderson county, Kansas, That,
for the purpose of rcfunding above-mention-
cd.indeDteuness In the sum of 100000 accord
ing 10 said compromise agreement new re-
funding bonds Of said county In the sum OF
SI0,0OW De issued hereinafter provided under
authority conferred and In the manner pro-
vidcd by law and act of the Legislature en-
Titled, An act to enable counties. municipal
corporations, boards of education OF any city
ana school districts. To refund their indebt-
edness," which took effect March 10, 1879, as
amended said bonds shall be Of the denom-
iuatiOn of $1,000 each, numbering conSecu-
lively from Isl to 100, Inclusive. dated Janu-
AIRY |, lH!. and shall become due ana payable
spail become due and payable Ii yearh after
aatc thereof, IL being being expressly provid-
Ell. however, and to he recited in the face OF
each bond of said series, the following clause
indebtedness. to-wit: This bond is one OF a
series Of forty Of like tenor ana erect. An
dersOn county reserves the right TO pay five
bonds of this series, January !, lsa, ana nve
able strictly In the order of their numbering
Said bonds shall bear interest at the rate OF
four az per cent per annum from date: pay
abl3 semi-annually, ON the first days or July
a nd interest OF said bonds are hereby made
probable at the Kansas fiscal agency. New
York city, New York, and the several INSTALL
mcnts of interest snail be evidenced Dy cou-
pons attached to said bonds, payable as afOre-
said. said bonds shall be signed by the chair |
man OF the board of county commissioners
and attested by the county clerk, under the
seal of said county, and said interest coupons |
shall be signed by the said chairman and |
county clerk, and when said bonds shall have |
been executed and registered by the county |
clerk and the auditor of the stateof Kansas, |
and certified by said auditor of state, they |
shall be delivered to the said owner ana mold |
er Of said original indebtedness herein reclt-
ed In pursuance of the terms of said COM
be issued or delivered until the proper EVIL
iencc of the Indebtedness for which the
same are to be issued, shall be delivered up |
for cancellation.
BE IL further resolved by the board of coun-
Ly commissioners of Anderson county Kan
,;,s that the coupons herein provided to be
attached to said ponds shah be signed by FAC
smile Autograph Signatures OF SAID chairman
ma county clerk, and that the chairman and
county clerk be. and they are, hereby au.
thori2cd to adopt ana use, for the purpose OF
signing the coupons attached to all or said
bonds. fac smile Autograph copy prints of
heir genuine signatures. and that such sig
natures to the said coupons shall be valld
ma binding execution of said coupons to the
same extent that an actual genuine sigma
ure thereto would he; and be II further i
Resolved, That the chairman Of the board
md the county clerk are hereby directed tol
make and execute a public adoption of such
ac smile lithograpl prints OF THEIR respect,
We signatures to said coupons on the journal
If this board under this date
Be it further resolved, That there shall be
evied annually, at the stated time OF max
ny such levy Of their taxes, tax sufficient
n amount to pay interest ON said bonds rep
'esented by said coupons as they become
lue. and to create Il sinking fund for the re-
iemptiun of said bonds at the proper time.
which shall be collected with the other taxes
If said county, and paid into the treasury as
provided by law for other taxes, and shall be I
md remain rs a specific fund for the redemp-
ion of said bonds, principal and Interest, as
he same shall mature.
On motion of j. Il. Henning. seconded by j:
T. cssell said resolution was adopted
by the following:
j. +. Henning yea; j. f. Resell, yea; q.
\, McAdam. yea.
1T Is further ordered by the said board of
county commissioners that the clerk of the
county spread such resolutions and proceed5
ngs in full upon the journal of the board OF
county commissioners of Anderson county.
Kansas, for the use and benefit Of the aud
tor of the state of Kansas and for the hold
,rs Of said refunding bonds bearing date
January of said Anderson county, Kansas,
n testimony of such action taken hereto at
,ach our own signatures this 18th day OF
l90! at Garnett.
&C A McADAM. Chairman.
Signed, j Il HENNING, Member,
j kvREssELL. Member.