The Wichita daily eagle. [volume] (Wichita, Kan.) 1890-1906, 1903-09-22


THE ARKANSAS VALLEY INTERUR-
BAN RAILWAY COMPANY
LEGAL NOTICE OF sPEcIAh ELEc-
TON TO BE HELD OCTOBER
9TH, 1903.
Notice is. herby given that on the 14th
day of September. 1903, there was pre-
sented TO the mayor and council Of the
city of Wichita said mayor and coun-
cilmen being duly convened in regular
session. a. petition duly signed by two
hfths co of the resident tax payers Of
said city of Wichita, praying said mayor
and councilmen to submit TO the qualified
voters Of said city 4 proposition that the
city of Wichita issue and deliver to the
Arkansas Valley Interurban Railway com
pany the bonds of said city 10 the amount
Of Thirty Thousand (S90. 600 Dollars TO
aid IN securing and paying for right Of
way, depot grounds and terminal facili-
ties, all upon the conditions as set forth
in said petition. which petition. signatures
being omitted, is in the words and figures
following. to-wit
THE ARKANSAS VALLEY INTERUR-
BAN RAILWAY COMPANY.
PETITION.
To the Honorable Mayor and City Council
CT the City Of Wichita:
Inasmuch as The Arkansas Valley In
terurban Railway company a corpora
ton. organized under and by virtue Of
the laws Of the state Of Kansas. proposes
TO construct a line or railroad from the
city of Wichita. Kansas. in southerly
direction to the city Of Arkansas City,
two-fifths Of the resident tax payers Of
the said city OF Wichita. respectfully petit
ton the mayor and council Of the said
city OF Wichita TO call a special election
in the said city. at as early a date as
practicable and legal. at such special cleo
ton, TO submit 10 the qualified electors of
the said city proposition that said city
issue its bonds 10 the amount Of Thirty
Thousand $4,000 Dollars and deliver said
bonds TO the said The Arkansas Valley
Interurban Railway company 10 aid the
said railway company in securing and
paying for lands FOR right CT way. depot
grounds and terminal facilities within the
city Of Wichita, under The terms and
conditions hereinafter set forth Said
bonds TO be OF the denomination of Five
Hundred CS50o.0O Dollars each. numbering
from one to sixty consecutively: payable
to the said railway company. or bearer,
twenty C20) years after date redeemable,
however. at the pleasure Of the said city
at any time after ten QW years after the
date thereof, each bond bearing interest at
the rate OF four and one-half az per
cent per annUm, payable semi-annually.
as per interest coupons thereto attached.
payable on the first days Of January and
July OF each year. the principal and in
terest Of such bonds 10 be payable at the
fiscal agency of the state of Kansas, in
the city Of New York in the state of
New York The conditions upon which
said bonds are TO be issued and delivered
10 the said The Arkansas Valley 1nterur-
ban Railway company are as follows:
That said railway company. its success
sOrs or assigns. shall build a standard
gauge railroad TO be operated by electric
ity, from 2 point in the city Of Wichita
to a point on the south line-of the county
of Sedgwick. Kansas. and thence in a
southerly and southeasterIy direction
toward the city Of Arkansas City, in Cow
ley county. Kansas, with a suitable pas
senger and freight depot within the said
city of Wichita; that the said company
shall also maintain its principal repair
shops and car barns in or near the city
of Wichita, and that the said company
shan commence the construction of the
said road on or before the first day Of
May. 1904. and that at least forty-five
(a5) miles of the said road, commencing
in the said city of Wichita, must be com
pleted and in operation on or before the
first day Of May. 1906. unless the construc-
ton thereof be delayed by acts of Provi-
dence. strikes. or iujunctions; and that
when the said road is so constructed and
in operation for the said forty-five (45)
miles. and when the said depot. repair
shops and car barns IN or near the city
Of Wichita are built, then the said bonds
TO the amount Of Thirty Thousand t$3o
600 Dollars shall be issued and delivered
to the said railway company.
The said railway company shall also
establish and maintain in the said city
of Wichita its principal offices.
1t is expressly understood and stipu-