Vermont daily transcript. [volume] (St. Albans, Vt.) 1868-1870, 1868-11-03

| the line of the Montpelier and Wells
| River Railroad, or adjoining town on
the line of said railroad, may aid in the
construction of said Montpelier and
Wells River Railroad, by subscribing to
the stocks in said road, or by issuing
bonds to aid said road, or in such other
ma 'ner as said town shall direct. Pro-
vided, that no town shall assume any
liability for said road, exceeding eight
times the grand list of said town, at the
time said aid is granted.
SEC. 2. Such aid shall be gwen in the
following manner, to wit; T. he select
men of said town, on the application OF
ten or more legal voters of said town,
shall within ten days after the receipt
of said application, warn meeting OF
the legal voters of such town, to be held
at the usual place of holdiilg town meet
ings IL such town, which notice shall
specify the time and place of the meet
ting, which shall not be more than
twenty, nor less than twelve days, from
the time of posting said notice. And
the warning shall be sufficient, if it
states the business to be done at said
meeting, is to aid in the construction of
the Montpelier and Wells River Rail-
road. And if majority of the votes
given at said meeting, shall be to aid
said road, then the town shall fix the
amount of aid to be given, and the
terms thereof, and may appoint three
commissioners, who shall be resident
| taxpayers of the town. And, if nc
commissioners be appointed, the select
men shall act as commissioners until
commissioners shall be appoited by said
town. Said commissioners, or select
men shall be duly sworn, and shall, as
soon as may be, prepare suitable books,
in which said vote shall be set forth, in
which the taxpayers of the town NAV
sign their names asserting to said
vote, and the grand list OF each person
signing said assent, shall be annexed to
his name. And when a majority of the
tax payers of said town, both in numb r
and amount of grand list, shall have
signed the same, the same shall be bind
ing on the town, provided the sigma
lures are procured within six months
after the first signature to the payer is
made. And oil persons, or corporations
liable to pay taxes, and all persons who
shall be owners Of real estate taxed at
the time the assent is given shall have
a right to assent to said vote.
SEC. 3. The said vote and assent
when so signed as aforesaid shall be du.
ly certified by the commissioners or Sc
lectmen, and recorded by the town
clerk IN the town clerks office at length
in the land records of said town, and q
duly certified copy of the vote of the
town, and the certificate of the commits
sioners or seectmen to the same, that
the act has been complied with by a
majority of the taxpayers, both in num-
Der and amount, who have duly signed
the same, with the certificate of the
town clerk that the same has been duly
recorded in his office, shall be recorded
in the office of the Secretary of State.
And certified copies from either office
shall be full proof in any court, that the
law has been complied with.
SEC. s. Said towns may issue bends
with coupons, payable semi-annually.
at any rate of interest, not exceedil q
seven per ceut., Tor the purpose of aid
ing said road.
SEC. 5. The selectmen or commissions
ers aforesaid, as soon as the assent is CIV
en- and recorded as aforesaid; shall pro-
coed to carry into effect the vote of said
town, according to the terms and con-
ditions thereof. and shall have power to
vote and act for said town, on all prop
er occasions to carry into effec; the
votes aforesaid, and their votes and acts
shall be binding on said town.
Sec. 6. This act shall take effect from
its passage.