The Topeka state journal. [volume] (Topeka, Kansas) 1892-1980, 1909-09-07
"EUtVU wv u6GH
Topeka People Snap Up the New
City Bonds.
Applications Already on File LOT
the Next Issue.
MAKE QUEER REQUEST
Water Commissioners Want to
Raise the Rates.
No ExnIauatiou Accompanies
MAKE QUEER REQUEST
No Explanation Accompanies
Strange Letter.

A. the meeting of the city council
- -igb+ +he matters which came u
for consideration were rallroaoeu
+hrorzh in rapid succession and turned
ova- 70 the various committees 10 De
passad 11pou. Very little discussion oc-
curred and an early adjournment to1--
-. t,,r owing TO the deluge of rain
4ba rnenbers OF the august body we're
-.-arra,+ - reveI in cloud Of to-
bacco smoke INDUCING il conVersallf'r-
which embraced all sorts Of thing
ar9 veather''-chiedy weatner-uhIiA
such a time as they deemed II eA
r,ediert 70 make d break into the rag
ing torrents.
This civ fathers were put IN the
r,oe+ excellent OF spirits by the reading
Of = letter from Geo p. Stltt or tne
citvss fiscal agents, the PRUDENTIAL
TrIIsr Co in regard TO the dlSposItlOA
OF the 1856 bond issue IN record tiill' /.
10 local buyers. The gratifying part d
this report was that $4,000 OF the next
$4,000 in bonds have been engaged IN
advance. and II is the opinion OF MI
Stit- that there Is ample money n &c
peka and inclination 10 purchase to as
e,Ire the resdv sale in the future of AL
bonds which the city has for disposal
This speaks worlds for the prosperity
of the Capital city, and every one -
the buyers Of the municipal script VIII
-lEcESSdLAAE
the welfare of Topeka The letter 10
lows:
we wish TO call the attention Of the
honorable mayor and city council 10
the ease and rapidity with which We
were able TO dispose of the recent ISSu--
of bonds amounting TO S165,174 placed
in our hands August 18th, 1909, for
sale
without any special effort on our
part and limited advertising We were
~ Of Z 80
in two days time. The balance of the
issue were delivered from day 70 day
and before the end Of the month Of Au-
gust We had succeeded in selling the
entire issue II would be difficult 1"
describe the satisfaction ii seems %
give the local investors Of the city Of
Topeka 10 be able TO purchase the
cfty's own bonds
In our judgment, there will be no
difficulty in the future in being able to
sell to our home people all OF the i'm
proveuent bonds that the city may
find il necessary to issue There is an
abundance Of capital right here at
home and now that our people have be-
come somewhat familiar with investing
their funds in bonds this class of in
vsstments seems TO be exceedingly ar
tractive to them
of the remaining issue amounting to
something more than $4,000, and which
we Will place on the market upon r.
ceiving orders from the mayor. We
have already engaged $500 with =
conditional order of 5000.
1t has been a great pleasure TO the
officers Of the Prudential Trust Co. %
be able 70 serve both the city of To-
peka and our home investors in the
disposition of these bonds We wish
to thank the council for giving US this
opportunity.
A letter was read from the firm of
Bennett & Garrison with a communi-
cation which had been sent to this
firm enclosed. The enclosed letter
stated that a prospective purchaser Of
property at 1884 Topeka avenue had
been scared out OF buying when he dis
covered that the sewer was in rank
condition at the corner adjacent TIE
following is the communication to tie
council:
The attached letter is self explana-
tory The condition Of some of the
sewers in this city is something awful
The stencil from the man holes is ter
ribIe as one drives by
The letter shows that we lost a sale
OF one Of our properties because OF this
unsanitary condition. and we ask yo,l
to kindly give this your Immediate az
tention- The health as well as the IL
terests OF the city demands it."
A cOmmunicat ton came before the
council from the electric light commits