The Liberal democrat. [volume] (Liberal, Kan.) 1911-1924, 1911-07-21

Ordinance No. III.
An ordinance providing for the issuance of
Z bonds of the City OF Liberal. Seward county,
Kansas, in the amount OF Thirty Thousand
Dollars for the purpose of constructing eX-
tensions TO its waterworks system III ana Ior
said city.
7 Whereas, At an election duly and legally
called and held in the City Of Liberal, Kansas
upon the 9Th day Of July, A. D. 1911, q ma
iority of the electors voted at said election IN
| favor OF the issuance OF the bonds Of said
city in the amount of Thirty. Thousand
t(s30,0O0) Dollars, for the purpose OF conStfuct-
ing extensions to the waterworks system OF
said City; and, :,
Whereas, Said bonds have been duly sold
and awarded to Sutherland 4 Company, OF
Kansas City, Missouri, the best and highest
bidders therefor;
and Councilmen of the City of Liberal, State
Section i. That negotiable coupon bonds in
| the amount of Thirty Thousand (S3O,OOO) Dol
lars are hereby authorized and directed 70 be
| issued; said bonds bearing date or July w.
1911, and to mature as follows;
$1,000 July 10, 1892. and
$1,000 on the 10th day Of July In each year
| thereafter, In the years 1888 TO l9il. both IN
elusive, all bearing interest at the rate OF u
per cent per annum, payable seml-annually
on the 10th days of July and January or eacn
| year, both principal and interest payable at
the Kansas Fiscal Agency. at the state
| Treasurer's office, Topeka, Kansas, All bonds
| in denominations OF $500 and numbered from
| One to Sixty both inclusive.
Section 2. That said bonds shall be sub
stantially In the following form, to-wlt;
(Form OF Bond)
UNITED STATES OF AMERICA.
State of Kansas,
County OF Seward,
City of Liberal.
Waterworks Extension Bond
No. s5OOOO
Know all men by these PRESENTS
That the City of Liberal County Of Seward
and State of Kansas. acknowledges Itself, TO
owe and for value received hereby promises
to pay to the bearer thereof, on the tenth day
OF July, A. d. l9,..." the principal sum OF
| Five Hundred Dollars, together with interest
on said sum from the date hereof until paid,
| at the rate Of per centum per annum, pay
able seml-annually, on the tenth gay OF july
and January In each year, upon the preSenta-
ton and surrender Of the interest coupons
hereto annexed, as they severally become
due. Both principal and Interest payable In
lawful money Of the United states of America
at the office Of the State Treasurer OF the
| State of Kansas. In the City of Topeka, Kan
sas. And for the prompt payment OF the
principal and Interest OF this Donu as tney
| respectively become due, the full faith, credit
and resources of said City OF Liberal are
hereby irrevocably pledged.
| This Bond Is issued by the said CITY or
| Liberal for the purpose Of providing FUNDS
| with which to construct extensions 10 Ihe
WateFWOfks system OF said CITY, Tor tne puf-
pose OF supplying said City and It's lnhablt-
ants with water, pursuant TO the favorable
| vote of more than majority OF the electors
of said city voting at an elebtion duly ana
| legally called and held for that purpose ana
PURSUANT TO and In full conformity 70 the Con
stitutiOn and Laws Of the State OF Kansas. IN
Guiding an Act of the Legislature OF the said
State OF Kansas, entitled An Act authorlz,
| ing certain cities TO issue bonds for natural
gas. water. light and heating purposes ap-
proved March 4, 1905, and pursuant 10 orul-
nance duly passed By the Mayor ana Olty
Council Of said City.
And IL Is hereby certified and recited that
all acts, conditions and things required 20 eN1
list, happen or be performed precedent 10 ana
in the issuance of this bond have existed,
happened and been performed In regular and
due form, time and manner as required by
law; and that the total amount OF the IN
debtedness Of said city. including this bond,
does not exceed any Limitation imposed by
the Constitution or Laws OF said state
In testimony whereof, the said City OF
Liberal. by It's City Council, has caused the
corporate seal TO be hereto affixed, ana this
bond to b6 signed by the Mayor and atteSted
by the City Clerk and each of the coupons
hereto attached to be excited by the original
or Autographed fac-simile signatures Of said
Mayor and City Clerk. and this bond to be
dated the 10th day Of July; A, d; 1911.
SEAL r. T. Nichols, Mayor.
Section g. That the form OF coupon shall be
substantially the following form
(Form Of coupon)
No $500
On the 10th day OF July, January, H., the
City OF Liberal In the county Of Seward, State
OF Kansas will pay to the bearer Fifteen Dol
lars (Sl5.00 in lawful money OF the United
States of America at the Kansas Fiscal Agency
at Topeka Kansas being six months Interest
due that date on the WaterWOrkS Extension
Bond, dated July 10, 1911.
Il. T. Nichols, Mayor
Attest: Jennie Karau. City Clerk.
Section 4. That each bond shall bear certl-
Rcate by the clerk Of the City Of Liberal. Kan
sas and by the Auditor OF the state OF Kansas
which shall be In substantially the following
forms:
(Form of certificate to be endorsed on back
state Of Kansas. County of Seward. S. !,
Jennie Karau. City Clerk OF the City Of Liber-
al Seward County, State OF Kansas do hereby
certify that the within bond No.. or Water
works Extension Bonds OF SAID city was duiy
registered according TO law this day off,,
1911 and that the signatures thereto are genu-
ine (SeaD
Jennie Karau, City Clerk,
Liberal, Kansas.
State OF Kansas, County OF Shawnee, 81.
/, w. f. Davis, Auditor OF the State OF Kan
sas do hereby certify that the within bond
has been regularly and legally issued. that the
signatures thereto are genuine and that II has
been registered In my Office In Topeka. this.
day off,, 1911. Witness my hand and official
seal. tSeaD
the State OF Kansas.
Sections. That the Mayor Is hereby author
lied and directed TO Sign said issue OF bonds
and the Clerk Of said City Is hereby authoriz-
ed and directed TO attest said Issue under the
seal OF the city and each interest coupon shall
be signed by the Mayor and Cito Clerk In orig
lnal or litographed fac-simile signatures.
Section 9. That when said bonds have been
issued, signed and sealed they shall be for
warded 10 the Auditor OF the State Of Kansas
for registration as required By law and that
when so recorded they shall be delivered TO
the purchasers thereof In accordance with the
terms and conditions OF the contract.
Section T. That to pay the principal and
interest ON said bonds and coupons as they
respectively mature the Mayor and Council
shall annually levy at the time Of making the
levy Of other taxes. a tax sufficient In amount
to pay the interest upon said coupons as they
come due and TO retire the entire Issue at ma
turity
Section 8. That all ordinances and parts Of
ordinances In conflict herewith are hereby ex-
Dressly repealed,
Sections 3. This ordinance shall be in force
and effect from and after Its publication In
''-' O''''' W. r. T. Nichols. Mayor.
Attest: Jennie Karau. G ty Clerk.