Baxter Springs news. [volume] (Baxter Springs, Kan.) 1882-1919, 1912-09-05
(First Published August az. IOIs.)
Notice OF Bond Election.

Notice Of Bond Election.
Whereas, on the a7th day Of August,
IoIa, there presented to the Mayor
and Council Of the City Of Baxter Springs,
Kansas. petition signed by moro 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 and Gulf
Railroad Company. corporation organ
lied under the laws of the State Of Okla
homa, 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 pursuance of the provisions of Chapter
81, Session Laws Of Kansas Of 1886, en-
titled. IAN Act authorizing Cities Of the
first and second class to issue bonds for
the purpose of aiding railroad companies
in securing and paying for lands for right
Of way, depot grounds and terminal facil-
ities," as amended by Chapter 286 of the
Session laws Of Kansas Of 1907, entitled
IAN Act amending section soo7 and sec
/ ton 5oII Of the General Statutes Of 1901,
and repeating said original sections" the
the same being sections 7o4o to 7o54 in
elusive, of the General Statutes Of Kansas
for 1909. said bonds to be in the aggre-
gate sum of Five Thousand Dollars
$4,000. oo), and in addition to the aggre-
gate sum of Fifteen Thousand Dollars
($Is, 900. oo) voted at the election held on
the and day of April, 1914. maturing in
twenty years from date thereof, to be
issued in denominations of Five Hundred
Dollars, $500. oo) each. and drawing in
terest at the rate Of FIVE per cent per an
mum from date. Said interest being pay
able semi-annually on the first day Of jan
nary and July of each and every year,
with the privilege reserved to said city of
paying the whole or any number 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 as said Railroad shall be constructed
and in operation through said City, nor
until said railroad company shall have To-
Gated passenger depot and freight ter
minal facilities of such proportions and at
such points as shall be approved by the
Mayor and Council of said City: and
whereas, said Mayor aud Council finds
that said petition is in due form and in
compliance with law in such cases made
and provided. and that the same Is signed
by more than two-6fths of the resident
tax payers of said City, It is therefore or
dered that an election as requested in said
petition be held in the various wards OF
said City. on Tuesday, the s4th day Of
September, 1919, for the purpose requested
in said petition. Now, therefore, notice
Is hereby given that on Tuesday. the 24th
day of September. 1874, an election will
be held and vote taken upon the ques-
ton of aiding the Missouri. Oklahoma
and Gulf Railroad Company, a railroad
corporation organized under the laws Of
the State of Oklahoma and proposing to
build its line of railroad in, into and thru
the said City of Baxter Springs Kansas,
in securing and paying for ground for
right of way, depot grounds and terminal
facilities, by issuing the bonds Of said
City in the sum of Five Thousand Dollars
$4,000. oo), in addition to the sum OF Fiji
teen Thousand Dollars voted at the elec-
ton held on the and day of April, Ior2,
payable in twenty years from date there
Of and bearing interest at the rate Of FIVE
per cent, per Nnnum, payable semi-an-
nuaIIy on the first day of January and
July of each and every year; payable at
the Fiscal Agency Of the State Of Kansas.
with the option reserved to said city OF
paving any number or all OF said bonds
at any interest paying period, on or after
ten years from date, by giving notice in
writing to the Fiscal Agency of the State
of Kansas of such intention; provided
that none of said bonds shall be delivered
until such time as said railroad shall be
constructed and in operation through said
City, nor until said railroad company
shall have located passenger depot and
freight terminal facilities within such city
of such proportions and at such points as
shall be approved BY the Mayor and
Council of said City. It Is further or
dered that the above proceedings and mo-
tice of election be published in the Bax-
ter Springs, News, newspaper published
in and of general circulation in said city
of Baxter Springs, Kansas, for three con-
secutive weeks, as provided by law.
The above proceedings Of the council
.rd the ahove notice issued BY the order