The Kalida venture. [volume] (Kalida, Ohio) 1841-1865, 1852-09-17

/ OeCOWt uue ltum sam county unuet tNiS
act; and il is Moreover, hereby made the
duty Of the commissioners, and the au.
ditor Of said county, from and after the
contracting ofany indebtedness against.
said county, under this act, to add such
per centum upon the tax duplicate Of
said county, annually, over and above the
dividends or net profits aforesaid, 10 pay
the accrning interest arising under this
act and also to provide sinking fund
lof such amount as they may deem expe,
ldient, and the moneys so levied, when
collected, shall be applied 10 tho purpo'c
Iaioresaid, and 10 none other.
| SEC. s.. Said commissioners shall, by
themselves, o: such agent or agents az
! they may appoint, have full power 10 vote
ai all meetings Of the stockholders Of
such railroad company, in proportion to
the stock owned by the county, and in
| all other respects, 10 act in the business
Of such company, as individual stockhol.
ders in the same, are authorized by Law
10 do; and the said commissioners are
hereby authorized, whenever they may
deem the same expedient. 10 sell And
transfer any OF all stock owned by the
county, in such company, in order 10 pay
off the indebtedness which may arise
under this act, and the proceeds Of such
sale shs' be epplied to The exiinguishment
of an equivalen; amount Of the indeh--
cdness Of The county, created under
this act.
SEC. 6. Before any stock shall he
subscribed TO such railroad companies
under this act, the question shall be sub.
mitted 10 the qualified electors Of said
county, except the township Of Madison,
| in said county, whether the county shalt
become a subscriber or moi; and 10 this
end, j, is further provided, that upon the
written APPLICATION Of thirty OF more citi-
zens Of said county, 10 the sheriff of the
same, thirty DAYS prior to any annual
election, il shall bc the duty OF said
sheriff to give nn,ice, at least twenty
days prior TO said election, by advertise.
men, in all the newspapers published. in
said cnuniy, and continue the same in
said papers until the time Of said elec.
zion, that vote will be :aken for and
against such subscription; snd the said
sheriff shall also publish in esch Of tho
said papers, for the same length Of time.
a copy of this act, and the qualified elec-
tors Of said county, shall, at the election
so given notice Of by the sheriff, as afore.
said, vote for or against such subscription,
by using one or the other Of the follow
ing phrases, 10 be printed or written on
their ballots: Vfor subscription "againsi
subscription"
SEC. 7 The judges Of such election,
in the several townships in said county,
shall respectively keep statement Of all
the votes given for or against said sub.
scrip,iony at said election, and shall, with
in three days after said election, certify
10 the clerk Of The court Of common pleas
Of said county, the number of votes Civ
en- for and against the subscription; and
il is hereby made the duty of said clerk,
in the presence Of two justices OF iha
peace Of fsaid county, 70 examine and
make an abstract VI all the votes given in
said county for and against said subscrip--
ton, which abstract shall be signed by
said clerk and justices, ard Ged in the
office Of said clerk, and lift shall be found
that m jority Of fall the votes given at
said election on the question, shall be in
favor of such subscription, the clerk shall
certify the same to the county commis-
sioners, whose duty it shall be thefeupon
to subscribe for stock in some one or all
Of The railroad companies in said county,
and shall in all other respects conform to
the provisions Of this act; provided, that
if a majority of all the votes given at
said election, be against such subscrip--
'ion, the question may, on like appli-
ton, be in like mannea submitted TO the
qualified voters Of said county, OF lhe
next, or any subsequent spring or fail
election, and, il AZ any subsequent elec--
ton. said question be decided by q ma
jorily Of the votos given thereon in favor
Of subscription, such decision shall have
the same effect and force as il made at
The first election.
SEC. 8. Said commissioners shull al
low said sheriff, auditor, and the publish
ers Of said papers, reasonable fees for
their services under this aci, and The said
commissioners shall be entitled TO the
same per diem allowance for the time
sccupied in the discharge Of any Of ihe
duties imposed on them BY this act, as
they are now, or may hereafter be, BY
law allowed for other services.
SEC. 9. Any two Of said commits
sioners may do and perform any act or
thing which the said commissioners aro
by this act authorized or required to do
OF perform.
SEC. 10. The corporate authorities
Ct the town Of Springfield, and the tr,Is-
tees OF any township in Clark comfy,
may subscribe 10 the capital stock Of any
railroad company, a portion cf whose
road is located in said county, any sum
not exceeding fifty thousand dollars; and
Al. tto,