Missouri § 91.150 - Plant, how paid for — bonds to constitute lien.
Full text of Missouri Revised Statutes of Missouri § 91.150 — Plant, how paid for — bonds to constitute lien., with citation guidance and answers to common questions.
§ 91.150. Plant, how paid for — bonds to constitute lien.
Whenever a proposition shall be submitted and adopted by a majority of the voters of the city voting on the proposition, then the waterworks system shall be conveyed to the city by the person, firm or corporation owning the same, which deed shall convey to the city a valid title to the property except that such conveyance shall be subject to a vendor's lien for the purchase price of the plant, which shall be evidenced by bonds herein provided for, which shall be issued and delivered to the person, firm or corporation selling the property, in payment therefor. And the city, for the purpose of paying for the waterworks plant, shall issue bonds to an amount equal to the agreed purchase price, which shall be known as "the waterworks bonds" and which shall constitute a first lien on the waterworks plant so acquired, and all the property connected therewith or thereafter acquired constituting a part of the plant, including the income arising therefrom, it being the intent of sections 91.090 to 91.300, however, that there is to be no liability on the part of the city to pay the amount evidenced by the bonds out of any other fund than the one herein specified, and the bonds shall not constitute a liability of the city for which the general revenues thereof can be appropriated, or any part thereof, except to pay a reasonable fire hydrant rental for such hydrants as may be used by the city for the purpose of fire protection, and washing and flushing streets, crossings, alleys and sewers, as herein provided.
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(RSMo 1939 § 7812, A. 1949 H.B. 2039, A.L. 1975 H.B. 947)
Prior revisions: 1929 § 7667; 1919 § 9105; 1909 § 9930
---- end of effective 28 Aug 1975 ----
Source: official Missouri text · Last verified 2026-08-27
Frequently Asked Questions About Missouri § 91.150
What does Revised Statutes of Missouri § 91.150 cover?
Section 91.150 ("Plant, how paid for — bonds to constitute lien.") is part of the Revised Statutes of Missouri, the codified statutory law of Missouri. It sets out the legal rule or procedure described in the text above. Statutes are amended regularly, so always verify against the official source.
How do I cite Missouri § 91.150?
A common citation format is "Revised Statutes of Missouri § 91.150" (Missouri). Legal writing may require the code abbreviation, section number, and year or edition. Match the style required by your court, professor, or publisher.
Is this the official text of Missouri law?
No. This page is for research and education and may not include the most recent amendments. For official current law, check the Missouri official source linked on this page or consult a licensed Missouri attorney.
How does Missouri § 91.150 apply to my situation?
Statutes are interpreted in context, and application depends on your specific facts. Only a licensed attorney in Missouri can advise on how this section applies to you. Contact your state or local bar association for a referral.
Sources & Verification
Not legal advice. Verify against the official source and consult a licensed attorney in Missouri.