Repudiated Water Bonds.

Repudiated Water Bonds.

The town of Ulysses, county seat of Grant county, Kan., has found a new way to avoid the payment of a bond issue of $35,000 voted to install a system of waterwroks. The system was to move the town two miles to the north and permit the New England bond holders to levy on the town site of 160 acres

Recently the people of the town learned that a New England bank had brought suit to collect interest and principal on a bond issue voted several years ago when Ulysses was on a boom, for the purpose of building a system of waterworks in the town. A meeting was called and the question of sidetracking this debt was considered. The project decided upon to accomplish repudiation was to move the town. The only things of value left are two brick buildings, the courthouse and school house, but it is doubtful if $1,500 can be real ized from them

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