The Topeka state journal. [volume] (Topeka, Kansas) 1892-1980, 1911-04-03
BY = Asst SIS Secretary of state.
IPublished in The Topeka State Journa
April 3, 1911.l
HOJsE BILL No. s65.

HOUSE BILL No. $50.
An Act to amend section TO44 OF the S'e Ell
eraI Statutes of Kansas, OF lSUS' anu to
healing said original section
Be it enacted by the Legislature OF the
section /. That section 7O4 of the Gen.
eraI STATUTES of the state of Kansas, or
1909 is hereby amended to reaQ DIS IotS
lows: Section T0A. That the board OF
county commissioners OF any county it .nhs
MAYOR and city council Of any city ana
the trustee, clerk and treasurer OF any
township in this state that has heretofore
subscribed or shall hereafter su6scrloe OF
he entitled to the capital stock OF any
railroad or other company or corporation
in this state, and that has issued or snail
issue the bonds of such county, Guy u
township in payment for such STOCK, ana
has received or shall receive or be entitled
to receive from said railroad or other
company OF corporation cert1ncates OF
other evidences of ownership by Sucn
county city or township in or to the capt.
tai stock of such railroad or other COM
pany or corporation, are hereby authors
lied to sell said stock, or any part Thereon
or right thereto, on such terms and con-
ditions as they may deem for the best
interest of such county, city or township,
and apply the proceeds of such sale to the
payment or purchase of the outstanding
bonds of such county, city or township;
and such sale of stock or right thereto
shall transfer and convey to the pur-
chaser thereof all the right, title, claim
and interest of such county, city or
township in and to such stock, also all
claims and rights Of such county, city or
township, whether of dividends or other
wise. and all rights then. existing or
of such county, city or township by virtue
of it's previous ownership of, or right to
such stock: provided. that when
for or the right thereto acquired
within a period of less than ten
years prior to such proposed sale by such
county, city OF township, or within such
period a dividend thereon shall have been
paid to or received by such county, city
or township. then such stock or the right
thereto shall not be sold unless authorized
by two-thirds vote of the legal voters
of such county, city or township at some
general or special election, to be ordered
by the board of county commissioners of
such county, the mayor and council of
such city, or the trustee, clerk and treas
shall be held, the returns thereof made
and the result declared in the same man
ner as provided by the general election
laws of the state. as far as the same are
applicable; and the price at which such
stock shall be sold shall be also submit
ted at said election: provided further, that
subject matter, shall not be called until
after the expiration of six months from
date of last previous election.
Sec. p That section 7044 of the General
Statutes Of the state of Kansas, 1909 and
all acts and parts of acts in Conflict here
WITH be, and the same are hereby re-
Sec. g. This act shall take effect and
pc IN force from and after its publication
III tie Official state paper.
L hereby certify that the above hill orig
mated in the House, and passed that body
March 4, 1911, 800
G. H. BUCHANAN
--- Speaker of the House.
EARL AKERS
Chief Clerk of the House
Fassed the senate March z, 1911
RICHARD J. HOPKINS
President Of the Senate
WAITER A. JOHNSON
Secretary of the Senate.
Approved March IL, 1911,
W. r. STUBBS,
Governor.
State of Kansas
Office of the Secretary Of State.
q, CHAS. H. SESSIONS, Secretary OF
otate of the State CT 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
lSeal] and affixed my official seal
this Is day of March 1911
CHAS. H. SESSIONS,
,- secretary of State.
Asst. Secretary of State