The Wichita daily eagle. [volume] (Wichita, Kan.) 1890-1906, 1903-09-17

/ Ion day Of September, 1903
/ B. F. M'LEAN,
Mayor of the Said City of Wichita.
Attest: j. l.. LELAND, City Clerk.
Published September II. 1903
ORDINANCE NO. 20SS.
An Ordinance Approving the Petition OF
Resident Tax Payers Upon the PrOpo-
sition that the City of Wichita Issue
and Deliver 10 The Arkansas Valley In
terurban Railway Company the Bonds
of Said City to Aid Said Railway Com
pany in Securing and Paying for Right
of Way, Depot Grounds and Terminal
Facilities. calling a Special Election and
Providing for the Issuing of the Bonds
Of Said City:
Be 1t Ordained by the Mayor and Coun-
cilmen of the City of Wichita
Section l. That the petition signed by
NJ. NJ. Murdoch and others. being more
than two-fifths (2-0 of the resident tax
payers of said city of Wichita. upon the
proposition that the city of Wichita issue
and deliver to the Arkansas Valley IN
terurban Railway company. its successors
or assigns. the bonds of said city to aid
said railway company in securing and
paying for right of way depot grounds,
terminal facilities, be, and the same is
hereby approved; and said petition is
hereby ordered placed on file in the Office
of the city clerk.
Sec. 2 Be il further ordained that
pursuant TO the prayer of the petition
mentioned in the first section of this ordi-
nance, a special election be, and the same
is, hereby called, to be held at each of
the regular legally established voting
places in said city on the 9th day of
October, a d. 1903 at which special cleo
ton there shall be submitted to the quail
flied voters of the said city of Wichita
the proposition contained in said petition
and upon the conditions therein stated, as
follows:
THE ARKANSAS VALLEY INTERUR-
BAN RAILWAY COMPANY
PETITION.
To the Honorable Mayor and City Coun-
Gil OF the City of Wichita:
rnasmuch as The Arkansas Valley In
terurban Railway company, a corpora
ton. organized under and by virtue OF
the laws of the state of Kansas. pro-
poses to construct a line of railroad from
the city of Wichita, Kansas. in a souther-
Kansas, the undersigned. being more
than two-fifths of the resident tax payers
of the said city of Wichita, respectfully
petition the mayor and council Of the
said city of Wichita to call special cleo
ton in the said city at as early a date
as practicable and legal, and at such
special election to submit 10 the qualified
electors of the said city a proposition
that said city issue its bonds 10 the
amount of Thirty Thousand $4,000 Dol
lars and deliver said bands to the said
The Arkansas Valley Interurban Railway
company TO aid the said railway COM
pany in securing and paying for lands for
right of 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 denomina
ton of Five Hundred $4,000 Dollars each.
numbering from one to sixty consecutive
ly; payable TO the said railway company.
or bearer twenty (2O years after date.
redeemable. however at the pleasure of
the said city at any time after ten G0)
years after the date thereof. each bond
bearing interest at the rate of four and
one-half (4I3) per cent per annum. pay
able semi-annually as per interest cou-
pons thereto attached, payable on tn
first days of January ana July OF each
year the principal and interest OF such
bonds TO 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 to the said
e Arkansas Valley Interurban 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 a 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 southeasterly direction
toward the city OF Arkansas City. IN
Cowley county. Kansas. with a suitable
passenger and freight depot within the
said city Of Wichita. that the said COM
pauy shall also maintain its principal
repair shops and car barns IN or near the
city of Wichita and that the said com
pany shall commence the construction
OF the said road on or before the first
day OF May. 1904. and that at least forty
five (a5l miles OF the said road. COM
mencing in the said city Of Wichita must
BE- completed and II operation on or be-
fore the first DAY Of May. 80. unless the
construction thereof be delayed by acts
OF Providence. strikes. or injU1ctions:
and that when the said road Is 50 con-
structed and in operation for the SAID
for1y-dve as miles and when the said
depot repair shops and car barns in or
near the city OF Wichita are built. then
the said bonds 20 The amount 81 Thirty
Thousand 9so0N Dollars shall - issued
and delivered 70 the said railway com
pans.
TIE said railway company shah also -
tsblish and maintain n The sad city q
Wichita it, principal Offices
Il i expressly understood and stipu-
iste5 that none Z tn above boafz shan
be issued and delivered - the SAID city