The Wichita daily eagle. [volume] (Wichita, Kan.) 1890-1906, 1903-07-09
MADE LIBERAL
PROPOSITION
Wichita Gets Principal Shops
of New Railroad
FOR $4,000 IN BONDS
Company Asks Aid from
County at $4,000 per Mile
LESS THAN ONE YEAR
Is Time Limit for Trains to Be
Running

Last night the council chamber was
crowded with business men and citizens
who wished to hear the propositions sub
United by the Nebraska, Kansas and Gulf
Railway company. The meeting was
called by the Commercial club and the
Chamber of Commerce. At the meeting
Tuesday evening committee composed
OF G. NJ. Dickson, Kos Harris and Frank
Woods. We're appointed to draft propo-
sition which the Wichita people thought
would be a fair and reasonable PROPOSE
ton Mr.. Wolfe and MIR Shupe, repre-
senting the railroad company, came here
from Kansas City yesterday and were
handed copy of the proposition. They
of course had one of their own. but the
terms and conditions Of the proposition as
formulated by the Wichita people was SO
reasonable that they accepted it and sub
United il as heir own. AT the meeting
last night every one who heard the prop
ositions read expressed themselves as well
pleased with the proposals, and regarded
them as the most liberal for Wichita and
Sedgwick county that had ever been sub
mitted. The propositions are in the form
of petitions to the mayor and council and
the board of county commissioners to call
a special election TO vote the aid for the
railroad. The petition submitted for the
city is as follows:
PETITION.
The Proposition That the City of Wichita,
of Sedgwick County State of Kansas.
Issue the Bonds of Said City to Aid
The Nebraska, Kansas and Gulf Rail-
way Company in Securing and Paying
for Lands for the Right of Way, Depot
Grounds and Terminal Facilities With
in the City of Wichita.
To the Honorable Mayor and City Coun-
Gil of the City Of Wichita:
Inasmuch as The Nebraska, Kansas
and Gulf Railway company, a corporation
organized under and by virtue Of the
laws of the state of Kansas, propose TO /
construct a line Of railroad into and
through the county of Sedgwick, in the |
state of Kansas, and into and through !
the city of Wichita, in the said county, |
the undersigned. being more than two /
ffths (2-5) of the resident taxpayers OF /
the said city of Wichita, respectfully 1
petition the mayor and council of the 1
said city TO call a special election in said 4
city at as early d date as practicable |
and legal and at such special election (
to submit 10 the qualified electors Of /
the said city proposition that said city
issue its bonds to the amount Of thirty /
thousand (S30, O0Q) dollars and deliver said /
bonds to the said The Nebraska, Kansas !
and Cult Railway company, to aid said /
railway company in securing and paying I
,,fx erpr7r,dG
and terminal facilities within the city of
Wichita under rhe terms and conditions !
hereinafter set forth; said bonds to be
of the denomination Of five hundred $500 /
dollars each. numbering from one % TO |
sixty 900 consecutively, each payable TO /
the said The Nebraska, Kansas and Gulf /
Railway company, or bearer, twenty CO) /
years after date, redeemable, however, |
at the pleasure of said city at any time |
after ten 90 years after the date thereof, I
each bond bearing interest al the rate /
of four and one-half 4l2) per cent per 1
annum. payable semi-annually as per in !
terest coupons thereto attached, payable /
on the first days of January and July OF /.
each year the principal and interest Of 4
such bonds to be payable at the fiscal 4
agency Of the state Of Kansas in New /
York The conditions upon which said /
bonds are to be issued and delivered to /
the said The Nebraska, Kansas and Gulf /
Railway company are as follows:
That said railway company. its sue /
cessors or assigns. shall build standard I
gauge railroad from a point on the north /
line of Sedgwic6 county to point on /
the south or east line thereof. in and /
through the city Of Wichita with a suit /
a bic passenger and freight depot in the |
said city of Wichita; that the said COM /
pany shall also construct and maintain 1
Its repair shops and round-house in or
near the city of Wichita. and said rail- /
road shall be built and ready for opera /
ton OF engines and cars over the same /
from the city of Concordia. state Of Kan 4
sas. southerly to the city of Wichita on /
or before June lst. 1904. and thence /
southerly to the south line Of the state /
of Kansas on or before the Slst day OF /
December. 1904. unless the construction /
of such railroad be delayed by acts Of /
Providence. strikes or injunctions; that (
when such railroad is constructed and IN /
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