Hermanner Volksblatt. [volume] (Hermann, Mo.) 1875-1928, 1914-10-30

ticIe x Of the Constitution of the state
OF Missouri shall be submitted TO the
qualified voters OF the state. to-wit:
Section /. Municipal indebtedness Limit
of-how Neutrality-suspicious. as to st.
Louis and Kansas C~ity.-Sectton II OF
article Y OF the Constitution OF the state
of Missouri shall be amended by insert
ing after the following words 'Proptded,
further, that Ia the city OF Kansas City,
the amount OF bonds issued by said city,
bearing date July I'll, Z, 1895, for acquir-
ing waterworks 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 by said city, with the assent OF
two-thirds OF the voters under the pro-
visions OF this article, but said city shall
be authorized at any time to issue bonds
with the assent aforesaid. to an amount,
including outstanding indebtedness, other
than that above named. to the amount
OF five per centum Of the value of the
taxable property in said city, to be as
c~ertained as above specified" the follow
lowing words "Proeided, further, that
Kansas City may acquire by purchase,
condemnation or construction, water
works, gas works. electric light works,
SlIccl IdIWdlS, AciV6AaPh
systems, heating plants or any other
plant Or public service institution within
or outside OF the limits of said city, for
use OF the citizens in said city, and for
the purpose OF paying therefor, In whole
OF In part, may issue public utilities
bonds, which public utilities bonds shall
not be included in the liabilities or In
debteiness of the city limited by the
prior provisions Of this section; but the
.-k.f 40, ~ ,,anb DN.httr utilities hnn1a
to be issued by Kansas City shall not
exceed twenty per centum OF the value
OF the taxable property in said city to
be ascertained as above specified the
principal OF said public utilities bonds
shall not constitute an obligation OF the
city enforcible out of the funds raised
by taxation, but the principal OF each
issue OF such bonds shall be payable out
of the earnings or sale OF the utility or
plant for the acquisition or purchase OF
which such issue was made. The interest
on such bonds and a sinking fund for
the payment of the principal at ma
turity shall be paid out OF the earnings
or sale OF the utility, or out OF II
raised by taxation, Oh both, as shall be
provided ia the ordinance authorizing the
issuance OF such bonds. Such city shall
power 10 execute Its mortgage or
on any such utility, or aEs
duulllOll tucIClJ, VI cASCinioH iNiNOiS
secure the payment OF such public uthi-
ties bonds, and in case OF default in tile
paymeut OF such public utilities bonds,
interest thereon, said bond holders.
OF their representatives, may apply IL
any court of competent jurisdiction sitting
in Jackson county, Missouri, and said
court may, ii aid default continue up
point a receiver to take charge OF such
property and such receiver shall operate
,a-A.t, .apltr.r 1t,,h ,,YanAAAtftr In
such court aud until q final decree OF
foreclosure In such proceeding and for
a period of one year thereafter, during
which period the city may, upon pay
ment to the bond holders OF all indebted
ness past due and court costs accrued
to the date of payment, retake said prop
erty. II said property Is not thus re-
taken by the city within said period or
said receiver shall deliver
said property to such party as the court
in such action may order, and thereupon
all liability of the city on said bonds
cease and determine and its rights,
as owner. OF said utility or plant, shall
cease and determine. and thereafter said
utility or plant shall be operated BY the
party named In said order Of the court,
or his successors or assigns, in con-
With and subject to the pro-
vision of the ordinance authorizing the
ACQUISITION OF PURCHASE OF CollSlIuttlul VI
said public utility or plant and the issu-
ance OF bonds therefor; but Kansas City
shal not issue any such bonds without
the assent of Iwo-tliirds of the voters
thereof voting on that proposition at an
election to We held for hat purpose; n
such proposition may be submitted at =
special election or at Il general election,
III either of which vents IL two-thirdS
of all the legal votes cast or such prop
.,It in.,r . &C. ~, ~. fa,.A.s of fha iG1tta nf S,i l
bonds. the city shall have authority TO
issue the same: and Kansas City may
also issue It's bonds other than public
utilities bonds. for the payment, III whole
OF In part, for such public utilities, and
such uullds other than public utility bonds
shall constitute "A direct obligation Of the
city. bait the total amount of such bonds
other liall public utility bonds shall not
exceed In tue aggregate five per centuru
Cu TIE taSahi. property therein, as here
inbefore provided. such utility may be
acquired by condemnation proceedings III
tile SAINT manner that Kansas City may
acquire real estate for public purposes
or In such other Il as may he pro-
ylded BY law. But whenever any public
utility is being operated by any person
! firm or corporation under a grant or per.
nit from Kansas City. and the owner
and operator OF such utility is complying
I w kAAN IION " INV 81 LINZ
which the same is being operated, an
with the laws and ordinances to which
such utility and its owner are subject
and with all reasonable orders Of am
public officer, committee, commission o.
other authority having the power to max,
such orders the city shall not have powe
TO acquire such utility except as provide,
In such grant, or by agreement with tn
owner thereof. But the judgment of an.
court OF competent jurisdiction that sue
owner or operator OF such utility is no
complying with such obligations. dutie
or orders shall authorize the Acquisition
by Kansas City Of such utility.
THIRD CONSTITUTIONAL AMEND
MENT.
Jslnt and coneurreAt resolution sub
mitting TO the qualified voters Of IN
state Of Missouri an amendment to III
Constitutiea thereof, cenoerninE tar
atisn.
Be it resolved by the Senate. the Hous
Of Representatives. coacarrin0 therein:
That at the general election to be hel
on Tuesday next following the first Nor
day In November, 1914, the followin
amendment to the Constitution OF Mi.
souri,, concerning taxation. shall be sui
mitted to the qualified voters Of sal
state. to-wit:
Section /. That article X OF the Cor
stitution OF Missouri be and the sam