The Topeka state journal. [volume] (Topeka, Kansas) 1892-1980, 1904-04-22

West of Topeka, attorneys for the
water company, to the effect that the
bonds are valid. They viii also bear
a certificate of the United States
Mortgage & Trust company guaran-
teeing the genuineness of the city's
seal and signatures
There will be $50 of these bonds is
sued, each of a domination of $1,000.
In view of the fact that the en-
tanglem ents produced by the fire in
surance companies may delay the
transfer of the Naterworks to the city
for months and possibly years, it is
rather interesting to observe that the
bonds bear the date of April /, 1904.
Technically, therefore, the bonds have
already been issued and are drawing
interest AS a matter of fact, how
ever, the bonds. have not been issued
and though they appear to bear in
terest from April /, the city will only
pay interest from the time that tn G
bonds are turned over to the com pany,
and the city gets possession of the
plant. 1t frequently happens that
bonds are dated to bear interest prior
TO the time of their actual issue, and
in such cases, the natured coupons
are clipped and the accrued interest
refunded before the transfer of bonds
is made.
City Attorney Spencer is out of the
city at present. and consequently has
not examined the bond. or given his
opinion concerning il. 1t is not likely.
however, that any material changes
will be made
The following is a copy of the face
of the bond:
Know ali men by these presents.
that the city of Topeka, in the county
of Shawnee and state of Kansas, ac-
knOWledgeS itself indebted to and
promises to pay to bearer one thous-
and dollars, lawful money of the
United States of America, on the first
day of April, 1902, together with in
terest at the rate of four per cent per
annum from April 1. 1904, payable
semi-annuaIIy on the first days of
April and October each year, upon
Pr esentation and surrender of the in
terest coupons annexed as they sew
orally become due; both principal and
interest payable at the fiscal agency
of the state of Kansas in the city and
state of New York.
And for the prompt payment OF this
bond and interest as aforesaid, the full
faith and credit of said city are hereby
This bond IS one of a series of bonds of
like amount, tenor and effect, amounting
in the aggregate to the sum of $3.50 Qo0.
chase of the water plant furnishing water
in said city, and the same are issued un-
der and pursuant to ordinance No @A09
of said city, approved May Z, 1913, and un :
der and pursuant to the provisions OF
chapter 50 of the session laws of 1897, of
the legislature of the state Of kansas as
amended by chapter 1Ut OF the session
laws of 1901 of the legislature of the state
of Kansas.
And 1t Is hereDy ceELlHeG ana EeClLet
that all acts conditions and things re-
quired to be done precedent to and in the
issue of said bonds exit have been prop
erly done happened and been performed
in regular and due form and time as re-
quired by law.
In testimony whereof, this. bond has
been signed by the mayor of said city,
and attested by the city clerk of said
city under the seal of said city. Done I
Topeka Shawnee county, Kansas, this
first day of April, 1904
The following is one of the certificates
on the back of the proposed bond:
Copy of legal opinioz. lied with United
States Mortgage and Trust company p
/ Cedar street, New York
I'VE hereby certify that, in our opinion,
the within bond is in all respects q legal
and valid obligation of the city of Topeka.
l-Rossington, Smith & West, attorneys
and cOunsellOrs at law.
The certificate from the purchaser of
the bond issue, which is rather unique
feature of this issue, is as follows:
TT is hereby certified that the within
bond is one of a series of $50 bonds therein
mentioned, amounting in the aggregate to
three hundred and fifty thousand dollars.
and that the signatures and the seal
upon the said bond are genulne.-Un1ted
states Mortgage and Trust Co.