Miami County Historical Museum - 12 E. Peoria, P O Box 123 - Paola, KS 66071 Phone: 913-294-4940 - all rights reserved
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.
.
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