Mineral Point tribune. [volume] (Mineral Point, Wis.) 1854-1858, 1855-05-02
SPECIAL ELECTION NOTICE.

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April, A. d. 1855, in pursuance Of an act
entitled g An act to authorize the Coun-
ties and Towns through which the Min
eral Point Rail Road passes to aid in its
construction" approved March Esd, 1858,
submit to the Board of Supervisors of the
Town of Mineral Point, a definite PROPOSE
ton in writing, signed by the President
and Secretary of said Bail Road Compa-
ny, and Sealed with the common Seal of
said Company, in the words and figures
| following to wit:
| e OFF1cE OF THE MINERAL PoINr R. r. Co.,
! MrNERAL Po1Nr, April 23d, 1855.
To the Board Of Supervisors of the Ioacaa
of Mineral Point, County Of Ioaoa, and
State Of Wisconsin
The Mineral Point r all Road Company
proposes to the Town of Mineral Point,
that the proper officers of said Town.
make, execute, and deliver to the said
Rail Road Company the bonds of said
Town to the amount of Sixty Thousand
/ Dollars in sums of Five Hundred Dollars
EACH payable to the Treasurer of the Min
eral Point Rail Road Company and his
successors in Office, or the bearer, transfer
able, by general or special endorsement
or by delivery, bearing interest at the
rate of eight per centum per annum, pay
able semi annually on the first days of
April and October in each year, at the
Bank of the Manhattan Company in the
City Of New York, with coupons for such
interest attached that the principal of
such bonds shall be payable on the first
day of October A D. 1870 That the
said bonds shall contain an agreement
and undertaking on the part of said Town,
that it will annually levy, upon all taxa
BILE property in said Town and collect
from the taxpayers of said Town tax
of Six Thousand Dollars, which sum it
will annually on or before the first day
of March in each year, pay over to the
Treasurer of said Company and his sue
cessor in Office, to be applied by said
Treasurer to the payment and cancela-
ton of all coupons which shall then be
due and unpaid and of all such as will
become due within one year thereafter
and the balance of said sum of Six Thou
sand Dollars, together with all sums to
which the said Town shall be entitled for
Dividends on any stock in said Rail Road
Company, shall be applied by the said
Treasurer to the payment of the princi-
pal of any of said bonds which can be
bought at or below par.
And the said Mineral Point Rail Road
Company proposes to execute and deliver
in exchange for, and in consideration Of
said bonds Six Hundred shares of the
Capital Stock of the Mineral Point Rail
Road Company of One Hundred Dollars
each. and to execute and deliver a certIfi-
cate for one share of said stock, for every
Que Hundred and Fifty Dollars of said
tax paid, on presentation to the Secreta-
Try of the receipts of the Treasurer of said
Town for such payments, by any bona
fde holder of such receipts, and the re-
mander of said shares to be held by the
Treasurer of said Company in trust for
the use and benefit of said Town until
the whole principal and interest Of said
bonds shall be paid and discharged. when
certificates Of so much of said stock, as
shall not then have been delivered upon
such tax receipts, shall be executed and
delivered to the proper officers of said
Town.
In testimony whereof the President and
Secretary of said Company, have here
unto subscribed their names and affixed
the seal of said Company at Mineral
Point in said County, this 23d day of
April, 4, D. 1855.
MOSES NJ STRONG,
PRESIDENT of the Mineral Point r. r. Co.
| IL. 81
r. S. SCHUYLER,
(SEcRETARr of the Mineral Point r. r. Co"
Now, THEREFORE,, in pursuance of
Resolution of the Board of Supervisors
of said Town, adopted on the 9th day of
April, 1855, Notice is hereby given, that
an Election will be held by the legal vo-