Des Moines courier. ([Ottumwa] Iowa) 1848-1854, 1853-07-28
z2 49, O.
PROCLAMATION!
To the Voters Of WapeElO
County.

40 eRc voters Oh S3pczsO
County.
| VOU are hereby notified, that at the
| Il ensuing Election, to be held in said
County on the first Monday in August
next. the following question will be sub.
! mitted to you for your decision, to-wit:
Shall the bonds of Wapello county, for
an amount not exceeding One Hundred
! Thousand Dollars bearing interest at rate
not exceeding six per cent per annum, and
! payable in twenty years from their date
| be issued in payment of a subscription for
like amour to the stock of the Burling
! ton and Missouri River Rail Road subject
! to the conditions of the annexed
PROPOSITION.
/ To aid ia the construction Of Me Bur.
Hngt0n and Missouri Rirer Railroqd
! through the County Of Wdpetio.
SEC. /. The county of WapeIlo will
aid tho Burlington and Missouri river rail
road Company to construct their Road
through the county of Wapsllo. TO the
amount of 100000, or so much there
Of as may be needed, and called for by
the Company to be expended within the
/ limits of said county.
SEC. ,. The county will take stock in
said road to the amount named in section
| /. and in pay cnt therefor will issue the
bonds of the county at their par value,
in sums Of $1,000 each, redeemable in
twenty years, bearing an annual interest
of six per cent. interest, payable on the
first day of July, in each year at the
county Treasury.
SEC 3. The county Judge is the A.
gent of the counly to receive said stock,
and 10 sign and seal with his official seal,
and deliver said bonds, Provided, That
no bonds shall he issued or delivered un-
Ill the said company shall have expended
of their own moGey on the road within
the said county limits, a sum at least
equal in value and amount Ia the amount
OF The bonds which they may from time
to time require; said expenditures to be
verified by The oath oil the President or
Engineer, and proved TO the sa,isfac ton
of the county Judge. bat in no event
shall any bonds be issued until an equal
amount of stock shalt have been recei9-
ed.
SEC. 4. The interest on the said bonds
shall be raised by taxation on the taxa
BILE property nf the county annually, and
until such time as dividends may I've de-
clareJ and received on the stock of sand
Company. After such dividends begin
to be received, and unit! sufficient
amour, 10 meetand pay the interest is
received. only Il sudiciency Of tax to
make the deficit, shall be levied, and for
which taxes, when paid, certificates shall
be issued TO the payor.
SEC 5. Whenever the dividends on
the stock OF said Company, or the re-
ITS ir0m any source shall be more
than sufficient annually 10 pay the inter.
est on the bonds, the surplus shall be
carried 10 sinking fund which shall be
Invested in good securities paying inter
est TO the credit Of the Railroad fund.
which fund shall be sed as follows:
FIRST, Whenever a Sufficient amount
of funds to pay of the tax certificates
mentioned in section A, for one year
shall be on hand the same shall be paid
off. and afterwards early in the order of
years as they were or shall be issued
An such certificates shat be lifted and
s,a,,t if f..,as be n, b,n1 nm he frat dov
80 Ianna-r
Sec,nd r,sr .~,;,,.ai.,;.,,.. he said
"a cor,;e.,,os :, ,ako a., and corcoI ,ba
nr,nc;,ai Joh, or bo,,s IS r,yoratIa IN.
r,,,.,n,;,;as ofya. Ia, g &c., -,
bp bougb, in n ,ayon,,go thrn The f,,,I
sboII hs non,;n,e,I :, io7srss,. n,nn,o,,Ia.
,ing r,r tho Anal radam,,;,n Tho hnnds
All srcb ;nYos,nor,s shoII ha nd b..
,bn ,rroasrror ana oon,,,. - ;o;nI,,
in ,be ,ano Of ,l,n con,,, r,r ,ho nso -
,ha sinL;,r f,,d and ,hsc w,Il-he ros,
no,sihIs on ,beir ogic;,l bo,1s far nan.
faosoncs Or n,is.reas,,co Of dnty man,
mi s,tEc ra,l as,nto mini, ~ Gu,
=, go, 10 ,aLan ~ al go, - sa,.,,;,,,
c. q I,,ha n,a,,,.;,, - 10 ~,
= 10 s;nk ;nr ca I'LL ~, ,ha, ha sar
So, - nn, oTand ov,;nan;sh han
,,,a an,,,,,, ID anau -. - IS 49,
80 pau poaJ go - ,ha-aaC
as w;li NILE n, the lafc,, ,nI nav of
H. I'D proa;aal ~, -, sbanrI