The Kalida venture. [volume] (Kalida, Ohio) 1841-1865, 1852-09-24

duty Of the commissioners, and the au-
ditor of said county. from and afier the
contracting Of any indebtedness against
said county, under this aci, to add such
per centnm upon the tax duplicate of
said county, annually, over and above the
dividends or net profits aforesaid, TO pay
the accruing interest atising under this
TACT, and also TO provide a sinking fund
o. such amount as they may deem expe-
dent, and the moneys so levied, when
collected, shall be applied 10 the purpols
ldloresaid, and to none other.
! SEC. s.. Said commissioners shall. by
themselves, 0: such agent or agents as
they may appoint, have full powef to vote
at 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; aud the said commissioners are
hereby authorized, whenever they may
deem the same expedient, 10 sell and
transfer any or all stock owned by the
county, in such company, in order to pay
of the Indebtedness which may arise
under this ACT, and the proceeds Of such
sale shall be applied to the exiinguishment
Of an equivalent amount of the indebi--
edness of the county, created under
this act.
SEC. 6. Before any stock shal be
subscribed 10 such railroad companies
under this act, the question shall be sub.
mitied TO the qualified electors of said
county, except the township Of Madison,
in said county, whether the county shall
become subscriber or moi; and 10 this
end, il IS further provided, that upon the
written APPLICATION Of thirty or more citi--
gems OF said county, to the sheriff of the
same, thirty days prior TO any annual
election, it shall bo the duty Of said
sheriff to give notice, at least twenty
days prior to said election, by advertise
men, in all the newspapers published in
said county, and continue the same in
said papers until the time Of said elec-
,ion, that vote will be taken for and
against such subscription; and the said
sheriff shall also publish in each Of the
| said papers, for the same length Of time,
a copy Of this ACT, and the qualified cleo
tors of said county, shall, at the election
so given notice ofby the sheriff, as afore.
said, vote for or against such subscription,
by using one or the other Of the follow
ing phrases, to be printed or written on
their ballots: "for subscription" "against
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
scrption, at said election, and shall, with.
in three days after said election, certify
TO 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 the
peace of said county, 70 examine and
make an abstract ufall the votes given in
said county for and against said subscrp-
tion, which abstract shall be signed by
said clerk and Justices, ard aled in the
office Of said clerk, and il it shall be found
4 that m:ioriiy of all 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 .hereupon
| TO subscribe for stock in some one or all
Of the railroad companies in said county,
f and shall in all other respects conform to
f the provisions Of this act; provided, that
: if a majority Of all the votes given at
] said election, be against such subscrip-
, ZION, the question may, on like appli-
[lion, be in like mannea submitted 10 the
qualified voters Of said county, at tina
next, or any subsequent spring or fall
; election, and, if at any subsequent cleo
!, ton. said question be decided by a ma
| lljori,y Of the votes given thereon in favor
of subscription, such decision shall have
the same effect and force as ii made at
/ the first election.
Sec. s. Said commissioners shall al.
t1low said sheriff, auditor, and the publish
ers Of said papers, reasonable lees for
(; their services under this act, and The said
} commissioners shall be entitled to the
j same per diem allowance for the time
: sccupied in the discharge Of any Of the
+ duties imposed on them by this aci, as
!, they are now, or may hereafter be, by
law allowed for other services.
Il SEC 8. Any two Of said conmis-
5 sloners may do and perform any act or
J thing. which the said commissioners are
i Iby this act authorized OF required To- do
OF perform.
/, SEC. 10. The corporate authorities
} cf the town Of Springfield, and the ir,s-
: tees Of any township in Clark county,
, may subscribe to the capital stock of any
5 railroad company, a portion Of whose
road is located in said county, any sum
: not exceeding fifty thousand dollars; and
TO paw the same, they may adopt the
, sane means, and exercise the the same
| r - 4 Al,