Muscatine journal. [volume] (Bloomington, Iowa) 1849-185?, 1853-09-30
-
LEGAL NOTICES.
Proclamation.

| To the Voters of Muscatine county, Iowa
| WHEREAS, petition, signed by large number
of the citizens of Muscatne county, has been present
ed to the County Judge asking that the question be
submitted to vote, Whether the county OF Muscatine
will subscribe One HUNDRED AND Fifty THOUSAND
DOLLARS TO the stock of the Mississippi and Nilsson
ri Railroad Company "one hundred thousand dollars
OF said stock to be subscribed TO the road comprising
the second General Division of the lines of railway
proposed to be constructed by said Company, towit
The line from the city of Muscatine westwar'y or
south westwardly, to the Missouri river or the state
line OF Missouri, or bothand fifty thousand dollars of
said stock to be Subscribed to the road comprising the
third General Division of the lines of railway proposed
to be constructed by said company, to-wit: From the
city of Muscatine to cedar Rapids and issue county
bonds therefor for the purpose Of borrowing money to
pay for said stock.
Now, therefore, in order that the voters of said
county may adopt reject the proposition il is here
by ordered that election be held in each township
IN this county, ut the usual places Of holding elections
IN the same, on Monday, the Bird day of October next
Tor the purpose Of voting upon the following PROPOSE
tons, t0-wit: That the county Of Muscatine in its
corporate capacity will aid in the construction of the
Divisions above named, of the Mississippi and 1fis-
souri, Railroad, in the state of Iowa and to that end
will subscribe one hundred and fifty thousand dollars
to the stock Of said company, organized under the
laws OF Iowa and that county bonds of said county
shall be issued for said one hundred and fifty thousand
dollars for the purpose of borrowing money to pay for
said stock, which bonds shall be- interest at rate
not exceeding ten per centum per annum, and be COR
vertble into stock in said railroad company, and pay
able within twenty years from their date-that the
faith of the county of Muscatine shall be pledged To-
the payment OF the interest and the ultimate payment
OF the principal Of said bonds and TO meet the annual
interest in addition to the ordinary Of the
county tax not exceeding five mills on the dollar
shall be levied annually that aiser ten years the
rate OF tax for the purpose of paylag the annual in
terest and to create fund for the payment of the
principal of said bonds shall be increased to amount
not exceeding per cent. the dollar Of the then
taXabe property in the county unless the said bonds
sooner converted by the holders into the stock of
said railroad company
The foregoing proposition shall be submitted and
passed upon under the following mode of voting to-
wit: Those in favor of the proposition, shall vote
ballot with the words written prin ed thereon,
/" For THE RAILROAD AND TAX and those against
shall deposte ballot with the words written or print
ed thereon, AGAINST THE RAILROAD AND TAX
and if there shall be orty in favor Of said propo
stion, the shall be considered adopted, and
will authorize the County Judge of said county to sub
scribe the stock aforesaid and issue the bonds of the
county, in accordance with the foregoing proposition.
1t is further ordered that this proclamation be pub
shed four weeks in the Mscatne Journal
and in the Democratic Enquirer, and that a copy
thereof be posted up at the place of voting in each
township, during the day of election.
$3.50 Given under my hand and the seal Of the
SEAL county of Miscatine this LIST day of Septem-
49, Der, A. D., 1853.
ARTHUR wASHBURN,
sep. 2, 1853. 4w. County Judge.