The Kalida venture. [volume] (Kalida, Ohio) 1841-1865, 1852-10-01

act; anu II IS NoreVer, hereby made the
duty Of the commissioners, and the au-
ditor Of said county, from and after the
contracting Of any 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 accruing interest Arising under this
act and also 70 provide sinking fund
Of such amount as they may deem expe-
dent, and the moneys so levied, when
collected. shall be applied 10 the purpose
Aforesaid, and to none other.
SEC. s.. Said commissioners shall. by
themselves, 0. such agent or agents al
they may appoint, have ullpowef 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
to 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
off the indebtedness which may arise
under this act, and the proceeds Of such
sale shall. .be applied to the extinguishrnent
Of an equivalon; amount Of the indebt--
edness Of the county, created under
this act.
SEC. 6. Before any stock shall be
subscribed to such railroad companies
under this act, the question shall be sub
mitted 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-
zens 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 cleo
tion, that vote will be .aken for and
against, such subscription; and the said
sheriff shall also publish in each Of the
said papers, for the same length of time,
copy Of this act, and the qualified elec.
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" "agains,
subscription"
SEC, 7 The judges ofsuch election,
in the several townships in said county,
shall respectively keep statement, of all
the votes given for or against said sub
scription, 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 tbe
peace ofsaid county, to examine and
make an abstract ufall the votes given in
said county for and agains, said subscrip.
ton, which abstract shall be signed by
said clerk and justices, ard fled in the
office Of said clerk, and lift shall be found
tha, majority 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 commits
siohers, whose duty il shall be thereupon
to subscribe for stock in some one or all
Of the railroad companies in said county,
and shall in all other respects conform 10
the provisions of this act; provided, tina.
if majority Of all the votes given at
said election, be against such subscrip-
tion, the question may, on like appli-
tion, be in like mannea submitted to the
qualified voters of said county, at the
next, or any subsequent spring or fall
election, and, if at any subsequent cleo
ton, said question be decided by 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. s. Said commissioners shall al--
low said sheriff, auditor, and the publish
ers of said papers, reasonable fees for
their services under this act, and the said
commissioners shall be entitled to the
same per diem allowance for the time
sccupied in the discharge Of any Of the
duties imposed on them by this act, as
they are now, or may hereafter be, by
law allowed for other services.
Sec. 8. Any two Of said commits
sloners may do and perform any act or
thing which the said commissioners nre
by this act authorized or required TO do
or perform.
SEC. 10. The corporate authorities
cf the town Of Springfield, and the trls-
tees of any township in Clark county,
may subscribe 10 the capital stock of any
railroad company, portion Of whose
road is located in said county, any sum
not exceeding fifty thousand dollars; and
10 paw the same, they may adopt the
same means, and exercise the the same
powers as are given by this act TO the