The Farmington times. (Farmington, St. Francois County, Mo.) 1905-1926, 1914-10-30

! drbtrdur.s in kan.as d., Cor H.,
purpo.r of pcuuirinp mr. n,rcb,y,n,,
public utilities.
r
' 'f 'h' senate. me
'o' '' '"i' 'r''"l'Nor t"I'aIF.
aug .'''' ''''' H.. ''''"s'
Al Nh" general election TO br held
20, Iut.tay rpN following fine first
Monday u Nu.rmhrr, A. y. lnlI, the
following amendment io so,tip. T.
~ article y of the Con .iItutioa Of the
state az VI uWi hnll br submitted
10 the qualified voter. Of the state
'u Wit:
Section !. Municipal indebtedness
limit of how Increased ,v.p.
lluh g. iu ST. Louis and Kansas Ct'g.
Section - of article y Of the Cw.ri-
'u'lnU Of the state of Ni.so.rl hall
un amended Ly inserting after the
following words; "PuvIdcd. further
that lu the city Of Kansas litg, the
amount of bonds issued by said city.
bearing date July ~, Z, 1895, for
acquiring watcrworks and all bonds
hereafter issued in renewal of said
bonds, or any portion thereof, shall
not be included in the computation of
the existing bonded Indebtedness of
said city in determining the amount
Of bonds authorized to be issued bv
said city, with the assent Of two
third Of the voters under the pro-
vision Of this article, but said city
shall! be authorized at any time to
is We bonds with the assent aforesaid.
TO an amount including outstanding
Indebtedness. other than that above
named. to the amount Of EYa pcr
ccutum Of the value Of the taxable
property in said city. to be asrer.
tanned rs above specified" the follow
ing words: Crowded. further. that
Kansas CITY NAV acuuirc hv uurchasp
condemnation or construction. water
works. gas works. electric lipht works.
street RAILWAYS. teIepraph and tele-
phone systems. heating plants or ANY
other plant or public ynrviee institu-
ton within or outside of the limits
Of said city. for use of the citizens in
said city, and for the purpose of nav.
ing therefor, in whole or in mart NAV
issue public utilities bonds which
public utilities bonds shall mot bo in
cluded in the liabilities for indobtod-
ness of the CITY limited hy ,bn nr;or
provisions of this section. INIT tho r.
tai amount of such pubIir nt;Iitioe
bonds TO be issued nv Kopeoe civ
shall not exceed twenty nor contnn,
of the vulue of tho t,vohio ,,ro,art,, |
in said city ia be ascertninad ps ahavSo
specified. the prinrinal If soid nnLIio
obligation of the city cnforc;hIo ont 81
the funds raised by toxation hnt tba
principal of encb iysuo If e,,,h I'D
Shall be pavable out NJ tho oarn;m@s
or sale of the utiIitv mr. riart for H.
ACQUISITION or nnrrboeo of which snnL |
issue was made TIE ;,tara.t
such bonds and , s;nL;rs, r,,,,d e..
the payment If tho nrincinoi at nm
turity shall be maid nut az tbc oarn
inps or sale Of tho ut;Iit, ~. o,,t ~
funds raised bv tovot;nr or Loth oa
shall be provided in tho ord;no,co
authori2inr tbc issuance ~ ",'ob
bonds. Such citv shall hovo rowor
TO execute its mortgngo nv r,o,.t p0"
on INV sucb ntiI;t,, ~, n, ,'o nJ 49,
thereto or extension thereof ~ sn'
cure the paymcnt Of surb nuhIic nil |
tiles bonds, and in ease of defnult in
the payment of such nuhIir utiIitios
bonds. or interest thereon enid hnrS |
holders. or their ronrnsart,t;vos r,a,
applv to any court nf communion ;mr
isdiction sitting in Jackson county
Missouri, and said court may. if said |
default continue. appoint n raceivar
to take charge of such propertv and |
such receiver shall operate said nron- |
erty pending such proceeding in such
court and until n final decree of fore. |
closure in such proceeding and for n
period of one wear thereafter, during
which period the city may. upon nav,
ment of the bond holders of ali IN
debtedness past due and court costs
accrued to the date of payment re-
take said property. If said nropertv
is not thus retaken by the CITY within