The Topeka state journal., 1913-03-07

HOUSE ELL NO. 33s.
AN ACT amending section 1880 General
Statutes of Kansas, 1909. and providing
a penalty for the violation thereof, and
repeating said original section
Be it enacted by the legislature of the
Section 1. That section 1880 General
Statutes OF Kansas, 1909, be and the same
is hereby amended to read as follows:
Section 1889. The mayor and council of
any city of the second class are hereby
authorized to issue bonds OF such city i'll
an amount not to exceed the existing
floating indebtedness of such city: such
bonds to be issued in the redemption of
the outstanding orders, warrants an6
scrip of such city, outstanding April l.
1913; provided. that no bonds shall be
valid under this act unless issued on or
before August /. 1913, except that when
second class shall be destroyed or dam
aged by accidents or by the elements.
such city may issue its script to rebuild
Or repair such city property and may
fund the Indebtedness due or to become
due by reason thereof; provided. that 1t
shall be unlawful for any city which
shall have funded its floating indebted
ness under the authority of this act to
create additional floating debt, and
any officer of such city who shall au-
thorize the drawing or issuance of any
order, warrant or scrip for the payment
of which there shall not be at the time a
fund on hand or which the authorized tai
ieVey for the current year shall be III
adequate to meet, shall be guilty of "a
miSdemeanor and upon conviction Thereon
shall be adjudged to pay a fine equal IL
amount to such unauthorized order, wa1'-
rant or scrip, together with costs OF
prosecution, and be confined in the coun-
ty Jail until such fine and costs are paid.
Said bonds shall be issued in sums oC not
less than one hundred dollars and not
more than five hundred dollars, and pay
after the date thereof, and bear interest
at a rate of not exceeding per cent per
annum, payable semi-annually, both prin-
cipal and interest payable at the fiscal
state
bonds shall be signed by the mayor and
attested by the city clerk with the seal
of the city attached and when so issued
shan be registered as provided by law.
No limitations as to the amount oil
bonded indebtedness of cities of the sec
ond class shall apply so as to prevent
the lawful issue of bonds under this act, |
provided. such issue, hereby authorized,
is for the purpose only of funding in
debtedness not heretofore funded by bond
issue. Such bonds shall be sold for not
less than par and no commission shall be |
allowed or paid for their nesotatlon' ana
the proceeds thereof shall be used in pay
ing off the outstanding orders warrants |
and scrip of such city, and the mayor |
am. council of such city shall levy an |
nually upon all the taxable property of |
such city a sufficient to pay he in |
terest and also provide 9, sinking fund !
bonds issued by the authority of this act. /
Sec. 2 That section 1850 General Stat |
utes of Kansas, 1903, be and the same IS !
hereby repealed.
Sec. g. This act shall take effect and be |
in force upon its upon its publication in /
the official state paper.
l hereby certify that the above bill orig |
mated in the House, and passed that body |
), 1873
House concurred in Senate amendments |
F february 1S 1918.
W. L. BROWN.
Speaker of the House.
GEO. L. ROGERS
Chief Clerk of the House.
Passed the Senate February IS. 1918
SHEFFIELD INGALLS,,
President of the Senate.
BURT L. BROWN,
Secretary of the Senate.
Approx ed Feb. u, 1913.
GEO. H. HODGES
Governor.
State of Kansas.
office of the Secretary of State. i
l. CHAS. H. SESSIONS, Secretary of 1
State of the State of Kansas, do hereby /
certify that the above and foregoing is q !
correct COPY of the original enrolled bill 1
now on file in my office.
IN TESTIMONY WHEREOF, [ have
hereunto subscribed my name /
ISeaLI and affixed my official seal, /
this 6th day of March, 1913.
CHAS- H. SESSIONS.
Secretary of State.
First published in The Topeka State |