The Topeka state journal. [volume] (Topeka, Kansas) 1892-1980, 1911-02-22
Published in The Topeka State Journal
February %, 1911.


HOUSE BILL No. 52S.
AN ACT authorizing the boards of coun-
ties of Kansas exceeding ninety thou
sand population to ISSUE bonds for the
warrants existing against the said
counties, respectively, prior to January
9, 1911.
Be it enacted by the Legislature of the
State of Kansas;
Section 1. That the boards of county
commissioners of the various counties of
this state exceeding ninety thousand pop
ulation are hereby authorized and en-
powered to issue the bonds of the re-
Spective counties in an amount sufficient
to redeem all outstanding warrants
against such counties bearing date prior
thereon. The said bonds shall be known
and denominated as '-- County
denominations of not less than five hun
dred dollars nor more than one thou
sand dollars, with interest coupons at
tached, and shall bear interest at 6, rate
not exceeding five per cent per annurn,
payable semiannually, on the LIST days of
January and July in each year. Said
bonds shall be payable in not less
than twenty years nor more than
thirty years from the date thereof, and
In the period aforesaid as the board of
county commissioners shall designate.
amount thereof and the rate of interest
it bears, the number of such bond, when
purpose issued. and be payable to bearer;
which bonds. together with the coupons
thereto attached, shall be signed by the
the clerk of the county, and each bond
shall have the impression of the seal of
the county thereon.
for cash at not less than par, and the
money derived from such sale shall be
county, to be by him disbursed in pay
nent of the warrants outstanding prior
pose: or said bonds may be exchanged.
at not less than par, for said warrants
at not less than their face value and
Sec. 8. That the said board of county
commissioners, issuing bonds under the
provisions of this act, shall annually at
the time other taxes are levied, lew
a tax sufficient to pay the interest on
said bonds as the same shall become due:
and to create sinking-fund for the final
redemption of said bonds but no sinking
fund Shall be provided until the expira-
ton of one-half the time such bonds
Sec. 4. 1t shall be the duty of the
county clerk of said county to register
this act in a book to be kept by him
for that purpose, which register shall
show the date, number and amount
of each bond, to whom issued, for what
purpose, and when and where payable
and when said coupons or bonds on shan
are paid, that fact shall be noted on the
register, and the bonds or coupons SO
paid shall be then and there destroyed
in the presence of the board of county
commissioners.
Sec. 5. None OF the RESTRICTIONS ana
limitations contained in any of the stat
, utes of the state of Kansas, heretofore
enacted, shall apply to or in any way
affect the issuance of the bonds under
this act or of any bonds SO issued.
Sec. s. This act shall take effect and be
in force from and after its publication
in the official state paper.
hereby. certify that the above bill orig
mated in the House, and passed that body
February Is, 1871
G. H. BUCHANAN,
| Speaker of the House.
EARL AKERS.
Chief Clerk of the House
Passed the Senate February II, 1911,
| E. F. PORTER,
President Pro Tenn of the Senate.
F.. w. BRINKERHOFF,
Asst. Secretary of the Senate.
Approved February q, 1911,
w. r. STUBBS- Governor.
State of Kansas.
| Office of the Secretary of State.
| L. Chas H Sessions. Secretary of State
/ of the State of Kansas, do hereby certify
| that the above and foregoing is a correct
copy of the original enrolled bill now on
| file in my office.
IN TESTIMONY WHEREOF, I have
/ hereunto subscribed my name
TSeal.l and affixed my official seal,
/ this 21st day of February, 1911.
4 CHAS. H. SESSIONS,
Secretary of State.