The Topeka state journal. [volume] (Topeka, Kansas) 1892-1980, 1913-03-22
Published in The Topeka State Journal
March %, 1881

SUBSTITUTE FOR HOUSE BILL
No. 1874.
AN ACT limiting the bonded indebted
ness of boards of education of cities of
the second class and amending section
l of chapter 260 of the Session Laws of
kansas for 1911 and repeating said orig
fnal section !.
Be it enacted by the Legislature of the
State of Kansas:
Section l. That section l of chapter 260
of the Session Laws of Kansas for 1911
and the same is hereby amended to read
as follows: Sec. 1. That whenever it
shall become necessary for the board of
to provide funds for the purchase of a
school site or sites, or to erect a suitable
building or buildings thereon, or to fund
any bonded Indebtedness or any floating
Indebtedness which may at the present
exist in the public schools of said cities
of the second class, it shall be lawful for
the board of education of any such city
of the second class, to borrow money,
for such purposes; and for such purpose
or purposes the said board of education
is hereby authorized and empowered to
issue bonds bearing a rate of interest not
exceeding five per cent per annum, pay
able annually semiannually at such
time and place as may be mentioned on
the face of the bonds, which shall be pay
able in not more than twenty years from
their date, and the board of education
is hereby authorized and empowered to
sell such bonds at not less than their par
value; provided that no such bonds eX-
cept refunding bonds shall be issued until
the question of issuing the same shall
be submitted to vote of the people,
and a majority of the qualified electors,
male and female, who shall vote on the
question at any election called for that
purpose shall have declared by their votes
in favor of issuing bonds provided fur-
ther, that the total Indebtedness OF the
said board of education shall not thereby
be increased to an amount exceeding two
and one-fourth per cent of the author
lied valuation of the territory within the
Jurisdiction of said board of education;
provided further that the board of educa-
ton of cities of the second class may issue
bonds at any time without such elecuon
to nav outstanding warrants or floating
Indebtedness which may exist at the pas
sage of this act; and such board OF ed
ucation may issue at any time poll9 9
for a sum not greater than ten hundred
dollars to raise money to pay Tor needIul
repairs on school buildings or heating
plants for the public school buildings, II
the state school Superintendent shall APP
prove in writing such issue OF bonds Tor
floating Indebtedness and for the purposes
in the above proviso; provided, it shall
not at any time exceed an aggregate
amount of the sum of five thousand dol
lars provided further, that the right
granted herein to boards OF education 10
issue bonds without such election shall
not be construed to authorize an issue OF
bonds which, with those of the same KIND
already outstanding, shall exceed one-halr
of one per cent of the assessment Tor
taxation as shown by the last finding
and determination of the proper board
of education. o.o
the Session Laws of Kansas, 1911, be and
the same is hereby repealed
Sec 9. This act shall take erect ana
be in force from and after its publication
in the official state paper.
I hereby certify that the above Bin
originated in the House, and passed that
body March 8, 1913.
w. L. BROWN,
Speaker of the House.
GEO. f. ROGERS.
Chief Clerk of the House.
Passed the Senate March 8, 1913.
The Senate receded from their amend |
ment March II, 1913. |
SHEFFIELD INGALLS,, |
President of the Senate.
BURT E. BROWN, |
Secretary of the Senate.
Approved Mch. 1888.
GEO. H. HODGES
Governor.
State of Kansas
Office of the Secretary of State.
L CHAS H. SESSIONS, Secretary of |
State of the State of 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, 1 have |
hereunto subscribed my name |
ISeaL1 and affixed my official SEAL J
this 18th day of March, 1913. I,
CdAS. H. SESSIONS
Secretary of State