Baxter Springs news. [volume] (Baxter Springs, Kan.) 1882-1919, 1913-02-27
First published Feby "a, 1918!
ORDINANCE NO. 1873

ORDINANCE NO. 1873.
An>ordinance authorizing the issue and
delivery of bonds of the city of Bax-
ter Springs, Cherokee county, Kan
sas, in the sum of Twenty Thousand
Dollars, or so much thereof as may
be necessary, in extending aid to the
Missouri, Oklahoma and Gulf Rail-
road Company, in securing and pay
ing for land for right-of-way. depot
grounds and terminal facilities into
and through said city.
WHEREAS, on the 9Th day of March,
1912, a petition, signed by more than
two-fifths OF the resident taxpayers
of the city Of baxter Springs, Kansas,
was duly presented to the Mayor and
Councilmen of said City, at called
meeting for the purpose of considering
said petition, asking that a special
election be called and a vote taken Of
the qualified electors Of said city on
the question Of issuing the bonds of
said city in the aid of securing and
paying for right-of-way, depot grounds
and terminal facilities for The Mis-
souri,, Oklahoma and Gulf Railroad
Company into and through said city,
in the sum of Fifteen Thousand DOLL
ars, in denominations of Five Hundred
Dollars each, payable to bearer and
bearing interest from date at the rate
of Five per cent per annum, payable
semi-annually as evidenced by interest
coupons attached thereto, both princi-
pal and interest payable at the Fiscal
Agency of the State of Kansas in
twenty years from date, with the Op
tion reserved to said city to pay any
or all of said bonds at any interest
paying period after ten years from
date thereof.
And Whereas, On said 9th day of
March 1919, said petition having beeu
found by the Mayor and Councilman
to be in all respects in accord with the
laws Of the State of Kansas, was grant
ed and an election called for the end
day of April. 1912, to vote on said
bonds and notice thereof ordered pub
lished.
And Whereas, On April End, 1912, said
election was duly held; and on April
5th 1912, said City Council having met
as canvassing board, found that @44
votes had been cast in favor Of issuing
said bonds, and votes cast against
issuing said bonds.
And, Whereas, On the eth day Of
August, 1919, the City Council having
met in regular session, b petition was
presented, directed to the Mayor and
Councilmen, which petition was signed
by more than two-fifths Of the resident
tax payers Of said city and otherwise
in due form, reciting that: Whereas,
the City of Baxter Springs, Kansas,
has already voted bond issue in the
sum of 100000 in aid of The Mis-
souri,, Oklahoma and Gulf Railroad
Company in securing and paying for
land for right-Of-way, depot grounds
and terminal facilities; and whereas, 1t
has been found that the sum of e15,-
OOO. 90 SO voted is not sufficient for said
purpose and that an additional bond
issue of S5,OOO.OO will be required;"
and asking that a vote be taken OF the
qualified voters of said city on the
question of issuing the bonds Of said
city in the sum of q, 10000, in addition
To the sum Of SIS, 900. 90 already voted.
The determinations, interests and con-
ditions to be the same as the SIS, 10000
issue. Said petition was granted and
notice of election to be held on the
oath day Of September, 1919, was or
dered published.
And, Whereas, said election was duly
held September 18th, 1919; and the
CITY Council met as q canyassing board
september %, 1919, with the result
That the count showed that 1s4 votes
were cast in favor Of the additional
issue Of bonds, and Z votes sgsipst the