The Hays free press., 1921-07-21
ORDINANCE NO. sO1


An Ordinance providing for the
issue of bonds of the City of Hays,
Kansas, in the sum of $38,O0O.00 to
provide funds for the purpose of ex-
tending and improving the electric
light system of the City of Hays,
Kansas.
Be it ordained by the Board of
Commissioners of the City of Hays:
l. That, Whereas, at an
election duly held IN said city ON
the 26th day of May, A. D. 1921,
the qualified voters of the city of
Hays, Kansas, authorized the issu-
ance of the said city's bonds in the
total sum of $38,000.00 for the
purpose of extending and improv-
ing the electric light system of the
said city.
Now therefore, thirty-eight
bonds of the City of Hays, Kansas,
dated August 1st, A. d. 1921, IN
the aggregate sum of S3o,OOO.OO,
numbered from one to thirty-eight
inclusive, shall be issued as valid
and binding obligations of said city.
Said bonds shall be of denomlna-
ton of 100000 each.
All of said bonds shall mature
and be due and payable August
lst. A. D. 1941. All and
each of said bonds shall bear
interest at the rate of $50
per annum, and said interest
shall be payable semi-annually on
the first day of February and Aug
ust of each year after issue, ac-
cording to the terms of coupons to
be attached thereto; both principal
and interest to be payable at the
office of the State Treasurer at the
city of Topeka, Kansas, each of
said bonds to be signed by the
Mayor and attested by the city
clerk of the City of Hays, Kansas,
with the seal of said city affixed,
and the coupons of said bonds shall
bear the fac-simile signatures of
the said mayor and clerk.
Section 2. Said bonds and coupons
shall be substantially in the follow
ing form:
100000 Number
United States of America, State
of Kansas, City of Hays, Ellis
County,
Electric Light Bond.
Know all men by these presents,
that the city of Hays, Ellis County,
State of Kansas, acknowledges it
self firmly bound and indebted and
promises to pay to bearer on the
first day of August A. D. 1941 at
the office of the State Treasurer at
Topeka, Kansas, the sum of S1000.-
90 in lawful money of the United
States of the present standard, to-
gether with interest thereon at the
rate of $50 per annum, payable
semi-annually, on the first day of
February and the first day of Aug
ust of each year on presentation
and surrender of the respective
coupons hereto annexed as they
severally become due.
This bond is one of a series, of
thirty-eight bonds, aggregating
$3S,000.0O, of similar tenor, issued
under and pursuant to and in full
compliance with the constitution of
the State of Kansas, the amend
ments thereof and the statutes of
said State in force in the year A.
d. 1921 and on the date hereof and
proceedings and ordinances of said
City of Hays, Kansas, duly and
legally had and adopted; and this
bond is issued with the assent of a
majority of the qualified voters of
said City of Hays, Kansas, voting
at an electioOn duly and legally
called and held for that purpose on
the 26th day of May, A D. 1921,
been duly aScertained and the re-
suit thereof canvassed and returns
made, filed, recorded and reported
as prescribed by law.
1t Is hereby certified and recited
that all acts and conditions and
things required to be done preced-
ent to and in the issuance of this
bond have been done and perform
ed in regular and due form, as re-
CURED by law; that the amount of
this bond, together with all in
debtednesS of said city of Havs.
Kansas, does not exceed any limit
prescribed by the constitution and
laws of the State of Kansas.
The full faith and credit of the
city of Hays, State of Kansas, are
hereby irrevocably pledged for the
punctual payment of the principal
and interest of this bond.
In witness whereof, the said
city of Hays, a municipal corpora
ton, in the county of Ellis, State
of Kansas. has caused this bond To
be signed by its mayor, attested by
its clerk with its corporate seal af-
fixed, and the attached coupons the
fac-simile signatures of said officers
this first day of August, A. D.
1921.
H. W. Oshant,
Mayor
Attest: Emily c. Johnson,
(SeaD Clerk