Quasqueton guardian. (Quasqueton, Buchanan County, Iowa) 1856-1858, 1857-05-23
PUBLIC NOTICE


BUoHxSAN COUNTY 81 aHiiliU-- II !
XNhereas, petition to me addressed, and
w signed by two hundred citizens and voters
of said county, has been duly presented asking
me to order a special election, to be held on the
125th day of May, 1857, in the several townships
of said county, and at which election to submit
to the voters Of said county the question whether
said county viii loan its credit, to the amount of
two hundred and fifty thousand dollars, to the
"Wapsipinicon and st. Peters Valley Railroad
Company, in aid of the construction Of the
Wapsipinicon and st. Peters Valley Railroad
through said county, by issuing tosaid company
the bonds of said county, to the amount of said
sum Of two hundred and fifty thousand dollars,
the principal sum of said bonds payable twenty
years from the date of said bonds; said bonds to
bear interest at the rate Of ten per cent. per
mum, and payable annually in the city of New
iGCrS; provided said railroad company shall, at
the time of the Issuing Of said bonds, give to the
County Judge OF said county, satisfactory secu-
rity that the proceeds of said bonds shall beused
exclusively in the construction of said road
within said county, and that said Railroad Com
pany shall pay the interest accruing on said bonds
as it becomes dlie. ilo3 .sliest;qtit-- ~
. NowI, O. H.P Roszell, County Judge of said
buchanan County, do hereby order that d special
election beheld in each of the townships of said
county, on the 25th day of May. 1857 and at
iiic usunI places III sttiu townships OF holding
elections, 10 determine the question whether said
county will loan its credit to the amount of two
hun dred and fifty thousand dollars tothe Wap-
sipinicon and ST. Peters Valley Railroad Com
pany, in aid of the construction of the Wapsi-
pihicon and st. Peters Valley Railroad through
said county, by issuing to, said Railroad Com
pany the bonds Of said county for the amount of
two hundred and fifty thousand dollars, the prinr
cipal sum of said bonds payable in the city Of
New York, in twenty years from their date, and
said bonds 10 draw interest at the rate of ten per
cent PEI annnm, and payable annually in the
city OF New York; provided said Railroad Conn
pany, SHALL at the time of the issuing of said
bonds, give to the County Judge of said county,
satisfactory security that the proceeds Of said
bonds shall be used exclusively in the construc-
ton of said Railroad within said county and
that said Railroad Company shall pay the inter-
est on said bonds as it becomes due; and it is
also submitted, whether tax of one per dent
upon the taxable property of the county for the
ultimate redemption of said bonds, and the pay
ment Of the interest thereon, it being understood
that the bonds shall not he issued by said county
until said company shall give satisfactory secut
nty for the payment of interest accruing on said
bonds.
The form Of the vote shall be /" For the Rail-
road !" and against the Railroad" Every vote
cast for the Railroad, shall be considered for the
proposition entire, and every vote cast against
the Railroad, shall be considered as against the
proposition entire. ~ a4 - =.
WITNESS my hand and the seal Of the County
aforesaid this 18th day of April, A. d. 1857.
IL. 81 o. H. =. ROSZELL,
ssps sdaF 6ssH ,...,. County Judge.