Excerpts taken from William G. Cutler's History of the State of Kansas was first published in
    1883 by A. T. Andreas, Chicago, IL
    Miami County is traversed by two railroads-the Missouri River, Fort Scott & Gulf, and the
    southwest and runs into Anderson County. The first vote on issuing bonds was cast the
    capital stock of the Kansas and Neosho Valley Railroad Company, and to pay for the
    election was held on the proposition to subscribe $100,000 to the capital stock of the Paola
    & Fall River Railroad, and $125,000 to that of the Paola & State Line Railroad, Miami
    County is traversed by two railroads-the Missouri River, Fort Scott & Gulf, and the issuing to
    each road an amount of county bonds equal to the county's subscription to its Missouri,
    Kansas & Texas Railroad. The former runs through the county from north to stock, upon the
    condition that the roads be constructed by January 1, 1871. The vote southwest and runs
    into Anderson County. The first vote on issuing bonds was cast Railroad" was subsequently
    changed to the "Missouri, Kansas & Texas" On July 27, 1870, November 7, 1865, and
    resulted in favor of the proposition to subscribe for $150,000 of November 7, of the Kansas
    and Neosho Valley Railroad Company, and to pay for the election was held on the
    proposition to subscribe $100,000 to the capital stock of the Paola & Fall River Railroad,
    and $125,000 to that of the Paola & State Line Railroad, issuing to each road an amount of
    county bonds equal to the county's subscription to its stock, upon the condition that the
    roads be constructed by January 1, 1871. The vote Railroad" was subsequently changed to
    the "Missouri, Kansas & Texas" On July 27, 1870, a contract was made between the county
    and this company by which $75,000 in stock and bonds were to be exchanged when the
    railroad should be constructed from the east line of the State to Paola, and $50,000 when
    the road should reach the west line of the county. On October 4, a vote was taken on
    extending the time for the completion of the road from January 1, 1871, to October, for its
    completion to Paola, and to July 1, 1872, for its completion to the west line of the county. On
    August 1, preceding this election, the $75,000 in the stock of this road issued to the county
    was sold back to the company for $5. The $150,000 in the stock of the Kansas & Neosho
    Valley Road (now the Missouri River, Fort Scott, & Gulf), had been previously sold for a like
    sum, $5. On the 21st of June, 1871, a contract was made with the Paola & Fall River
    Railroad by which the road was to be completed by July 1, 1872. The company failing to
    complete its road before the expiration of the time, the $100,000 in bonds, hitherto issued,
    were called in, canceled and destroyed, July 3, 1872; as were likewise, at the same time,
    $50,000 issued to the Missouri, Kansas & Texas, that company having failed to complete its
    proposed extension west of Paola. The sum total of county bonds issued to railroads, and
    not called in, comprises $150,000 to the Missouri, Fort Scott & Gulf Road and $75,000 to
    the Missouri, Kansas & Texas Road, in all $225,000. Of this amount $7,200 was paid in
    July, 1882, leaving outstanding $117,800, the annual interest of which at seven percent, is
    $15,246. The assessed value of all railroad property, is $450,742, the taxes upon which, at
    three percent, amount to $13,522.26, nearly enough to pay the interest on the bonds.

    This is, however, slightly modified by the fact that Osawatomie Township issued $15,000 in
    bonds to the St. Louis, Arizona & Texas, the successor of the Paola & Fall River Railroad.
    The company fulfilling the conditions of the grant by completing its road by January 1, 1880.
    This road is now a part of the Missouri, Kansas & Texas.
..
..
Hannes Poetter Design and Sponsorship - all rights reserved
Miami County Historical Museum - 12 E. Peoria, - Paola, KS 66071 Phone: 913-294-4940
.
Your ad could be
here
Your ad could be
here
Your ad could be
here
Your ad could be
here
Your ad could be
here
Your ad could be
here
Your ad could be
here
Your ad could be
here
Your ad could be
here
A big Thank You
to our Sponsors
Railroad
    If you’re a railroad buff, you can learn all about
    Osawatomie’s deep railroad history at the
    Osawatomie Railroad Museum, which is filled
    with lots of early artifacts for railroad buffs and
    newbies alike. The St. Louis-Kansas-Arizona
    rail line reached town in 1879 and later became
    Union Pacific. In fact, Union Pacific became a
    major employer here for years and still operates
    a large switching operation in Osawatomie.