The weekly Ottumwa courier. [volume] (Ottumwa, Iowa) 1857-1872, 1858-06-24
NO.26
To the Voters Of wapello Co., lsWa,
Wh1rans hv n vote If II ~

To the Voters Of wapello Co., lsWa,
Whereas, by vote Of the people Of
said wapello County taken the 2Sd day Of ssptem.
Der, D. 1858, provided by law In such cases. The
said County subscribed for and became entitled re-.
ceve One Thousand Shares Of stock In the Burlingou
and Missouri River Rail Road, payment for which ~
be secured by equal amount, to-wlt: One Hundred
Thousand Dollars Of the bonds Of said County edeem.
able in twenty years from date Of ISSUE and drawing
interest at the rate Of eight per cent per And
whereas the Judge of said Wapello County the 18th
day Of January A. D. 1885, issued to said Company the
sum Of Thirty Tousand Dollars Of the said County
bonds, Fifteen thousand dollars Of which remain In
hands Of and the remaining fifteen thousand dollars Of
which have been disposed Of, by the said company
And whereas It Is represented to me by the vcs
President and Of the Directors Of the said CON-
pany that the balance Of the said bonds including the
fifteen Thousand dollars remaining in the hands Of
said company, and which the said company now pro.
pose to RETURN have become and win remain unavai
able for the Of said company because of the inter-
est thereon being at the rate of eight instead Of
per cent per annum To remedy which the said com.
pany ask to have the county modify its subscription
as to decrease the amount Of principal, to be paid
by said county, seventeen thousand dollars with
responding reduction Of amount of stock be receiv
ed by the said county, and to increase the Of In
eres the said bonds Of the county per cent
aforesaid; whereby the whole Of interest to
be paid by the said county, win remain At present
while the principal and stock only win be reduced In
amount. And whereas, by an article Of agreements
made and entered into by and between the Secretary
Of said company and silas Osborn, County Judge Of
said wapelo county, on the Goth day Of March, A. D.
1884, It agreed between the contracting parties
that the stock which said county became entitled
bx-r NJ ito f.
the hands Of Trustee for the period Of twenty years.
And whereas it is proposed by the said company thss
II the said road not completed to the city Of Otum
wa, by before the first day Of October A. D. 1862
that said company will forfeit the said county subscrp-
ton. Now therefore that the said company may re-
ceive the full benefit of the said county subscriptions
and the county be relieved from the loss and embar.
rassment which would result to Its interests
by not having control Of said stock for said any
other period Of time, well be relieved from IT,
subscription should said company fail TO finish said
road the city Of Otturnwa by day Of Octo.
Der A. D. 1885,
the county Judge Of said county by authority In
vested by the laws Of the State and for the pur-
poses aforesaid do hereby order election to be held
the usual places of holding elections in the several
townships in said county and within the hours prescribe
ed by law Monday the 2Sth day Of June A. d. 1885,
the proposed change follows, to-wit: LIST. The
original to be rescinded the said company
to return to the County Judge OF said county, bonds
Of the said county, issued aforesaid to the amount
Of Fifteen Thousand dollars being the amount re-
naming in the hands Of said company. 3D. The
ty Judge Of said County to issue to said Company,
bonds to the amount Of Sixty-egt thousand dollars
bearing not than ten per cent interest per
when the said Road shall be completed to Ottumwa and
the first train Of cars run to that point Provided that
the same shall be contaminated before the nrst
day Of October, A. d. 1882 otherwise the said SUBJ
scription shall be forfeited and the said Bonds
sued at all. Sd. Upon the issueng and delivery Of
said bonds said company shall deliver to the County
Judge Of said County, Eighty three thousand dollars
worth Of stock in said road to be disposed Of said
County may direct. The ballots either printed or
written shall be
For the Change