Watertown republican. [volume] (Watertown, Wis.) 1860-1906, 1867-10-23

city to take them up at their cost with ter. Der
cent interest per annum, aud necessary expen-
Ses, we, the undersigned, enter into the follow
ing articles of agreement or association and
SeTeraay agree to pay to the Treasurer of said
association the several sums set opposite our
names respectively, at such times and in such
portions as the Directors of laid association
may require, the same TO be expended in buy.
ing up said bonds.
This Association shall be called the Fzaer-
town Association; there shall be Eve Directors
to manage rs affairs and Treasurer to receive,
safely keep and pay cut It's moneys, and do
such other acts as may be required by he Di-
rectors.
Said directors and Treasurer shall be elected
by the Association and shall hold their offices
until their successors are elected. Said Dircc-
tors shall have power to buy up the bond5 of
said city issued in aid of Railroads. at such rates
as they m ~ deem proper, subject to the direc-
| ton of the Assoc Iation and to draw orders on
| the Treasurer to pay for the same, and shall
have the general management Of its business
The Treasurer shall receive and safely keep
ali moneys paid into his hands by the Associ-
alton and pay the same on the orders ofthe
Directors. He shall execute bond to the Di-
| rectors in such sum and with such sureties as
they may direct for the faithful performance of
may come into his hands and they may re-
qpire additional bonds from time to time
majority Of this Association shall govern,
and a majority of the Directors shall cont rol
IN all acts to be done by them. There shall be
| q semi annual meeting of the Association on
the second Monday of January and July in each
| year, and the Directors shall call a specisl
meeting Oh application of ten voting members,
or they may call special meeting without such
application. There shall be ten days notice
! given ofspecial meetings. the notice may e
written Or printed and served personally on the
members or at their last place of residence
The capital of said Association shall be diyi-
ded into shares Of twenty-five dollars each.
At the first meeting each subscriber shall | 6
entitled to one vote, but at every subsequent
meeting shall be entitled to one vote upon ev-
cry share by him owned and on which all calls
are paid The Directors shall hold all bonds
by them purchased and the proceeds of all
bonds in trust for the members of the Associa-
ton, each to have an interest according TO what
be has paid in. The first meeting of the Asso
citation shall be held on the 3Oth day of Octo-
Der inst, at seven o'clock in the evening al
the Common Council rooms"
| Watertown, Wis, Oct 10th, 1867
The question on the second resolution was
then put, and division Of the house called for
Before the division Of the house was made, il
was moved and carried that the resolutions Of
fered by hr. Prentiss be published in the Eng
lish and German papers of the city, and that
the meeting do adjourn to meet again in on,
week
The meeting then ad journed to meet in Cole
Hall, on the evening of Monday Oct 2Sth.
Fl. MULBERGER, Chairman
G. II. BRYANT,
A. FRANCEL,
| Secretaries