Baxter Springs news. [volume] (Baxter Springs, Kan.) 1882-1919, 1912-03-07
First published March. 2, IoI2)
Notice of Bond Election.

Whereas, On the 9th day Of March,
1912, there was presented to the Mayor
and Council of the City of Baxter Springs,
Kansas, petition signed by more than
two-ffths of the resident tax payers OF
said city asking that vote be taken and
an election held upon the question of aid
ing the Missouri, Oklahoma & Gulf Rail-
road Company, corporation organized
under the laws of the State of Oklahoma
and proposing to construct its line Of
railroad operated by steam motive power
in, into and through the City of Baxter
Springs, Kansas, in securing and paying
for land for right-of-way, depot grounds
and terminal facilities, under and in pur-
suance of the provisions of Chapter 81,
Session Laws of Kansas of 1886. entitled,
IAN act authorizing cities of the first and
second class to issue bonds for the pur-
pose of aiding railroad companies in Sc
curing and payingfor lands for right-of
way, depot grounds and terminal facili.
ties" as amended by Chapter 2S6 of The
Session Laws of Kansas of 1907. entitled
Gan act amending section 5oo7 and sec.
tion 5oII of the General Statutes of 1901,
and repeating said original sections" the
same being sections 7o4o to 1854 inclusive,
of the General Statutes of Kansas for
1909. Said Dol to be in the aggregate
sum of Fifteen Thousand Dollars SIS.
600. }, maturing in twenty years from date
thereof. to be issued in denominations OF
Five Hundred Dollars $500. oo) each and
drawing interest at the rate Of five per
cent per annum from date. Said interest
being payable semi-annually on the first
day of January and July of each and
every year, with the privilege reserved to
said city of paying the whole on any num-
Der of said bonds at not to exceed their
par value, at any interest paying period on
and after ten years from date thereof by
giving thirty days notice thereof in writing
to the Fiscal Agent of the State of Kansas
of the purpose of paying said bonds. Said
bonds not to be delivered until such time
rs said railroad shall be constructed and
in operation through said city. nor until
said railroad company shall have located
a passenger depot and freight terminal "a
cilities of such proportions and at such
points as shall be approved by the mayor
and council of said city; and whereas,
said mayor and council finds that said pc
tition is in due form and in compliance
with law in such cases made and pro-
vided, and that the same is signed by
more than two-hfths of the resident tax
payers of said city, il is therefore ordered
that an election as requested in said petit |
ton, be held in the various wards Of said |
city. on Tuesday, the and day Of April, |
1919, for the purposes requested in said
petition.
Now. therefore, notice is hereby Civ
en- that on Tuesday, the I'd day of April.
1919, an election will be held and a vote |
taken upon the question Of aiding The
Missouri, Oklahoma & Gulf Railroad |
Company, a railroad corporation organ
lied under the laws Of the State Of Ok
lahoma and proposing to build its line
of railroad In, into and through the said
city Of Baxter Springs, Karsas, in Sc
curing and paying for ground for right
of-way, depot grounds and terminal IA
eilities, By issning the bonds Of said city
In the sum Of 81, 900, payable IN TWEEN
ty years from date thereof, and bear
ing interest at the rate of five per cent,
per annum, payable semi-annually on
the first day Of January and July Of
eaeh end every year. payable at tie