The Manitowoc tribune. [volume] (Manitowoc, Wis.) 1866-1878, 1868-09-24

1 have also an idea that only about $50
600 could be realized out of one hundred
thousand dollars in orders, and if the
idea is correct it seems to me that it would
be better to pay $50, 900 cash. I would
be willing to pay it in three annual in
stalments. The first when work has
been commenced on the road, the second
upon completion of the road and the
third one year rom that time. By this
proposition, if my idea is correct the
Rail Road Company would receive as
much real benefit as from the proposition
now before the people, and the Village
at the same time save about $8l 900. If
the company is not to be benefited more
than $4,000 cash, [ don't think it is
policy to raise more than that amount.
In my proposition, | have taken the
interest of the Company--as we'll as the
people who are interested in this matter,
into consideration. think my PROPOSE
ton is better for both parties, provided
my idea that the company cannot raise
more than $4,000 cash out of 800, 900
orders is correct.
Upon the conclusion of Mr. Wood
Chas w. White said:
Mr.. President AND FELLOW CrN-
ZENs:-I have taken considerable inter
est in the rail road, for believe it to be
of great importance to Manitowoc l
find that there is great difference CT opln-
ion as to what the proposition submitted
by the Rail Road company really means.
In order to get some light upon the sub
ject, | advocated the calling of this meet
ing. Some claim-and they stand high
in the legal professionalism the PROPOSE
tions submitted are not sufficiently guard
ed and if such is the case they should be
framed in such language that there could
be no question upon the subject. |
believe that there is intelligence enough
In this town to frame a set of propositions
which will be sufficiently guarded SO that
the village will not be called uoon to pay
unless the road is completed. IF it is
thought the proposition submitted by
the Rail Road Company is not sufficiently
guarded for the village, [ would favor
the appointment of a committee to inveS-
tigate the proposition, and if it is not
safe, draw up new proposition. [ think
the people want Rail Road and they
will be willing to pay all the company
asks when the road is running from here
to Menasha
L move that the Chairman Ct this
U
the purpose of Investigating she propo-
sition now submitted to the people. and
If Il Is not sufficiently guarded to submit
new one at the meeting next Saturday
evening Motion adopted
The following gentlemen were appoint
ed on committee above authorized
Chas. w. White, Jos. Villas, Chas.
Walker, Chas Luling, Adolph Whitman.
0 Torrison S. n. Wood, p. p. Smith.
w. w. Waldo, John Schuette.
MAI. CTAS II. WALKER SPEECH.
Mr.. PRESIDENT AND GENTLEMEN -
[ am glad that this question of consider
ing the proposition submitted by the
Rail Road Company has come up this
evening. l, Tor one, think that the prop
osition is not sufficiently guarded, but
believe that it was submitted in entire
good faith by Mr.. Reed. On the ques-
ton OF issuing the orders of the Village.
L do not agree with Mr.. Reed If this
proposition submitted by the Rail Road
Company is carried by vote of the REQ
pie, the matter Is then put beyond the
control of the officers of this village. A
legal construction put upon the pfoposi
ton and in accordance with that legal
construction the orders have to be issued.
An order issued in the ordinary form is
in my judgement not sufficiently guarded.
The order should state on what condition
they are to be paid.
l think that a Railroad to Menasha
would be of great benefit to Manitowoc.
But we have to guard ourselves and see to
1t that we are not caught in the same
trap Kenosha has been. Kenosha has
been killed by railroad l think the
road to Menasha can be built so that
it may be beneficial to u.s. The moment
that we can be satisfied that the road can
be built to benefit Man:towoc, our only
limit IN assisting the Company should be
the limit our ability places upon us. A
proposition to aid Rail Road Company
should be well guarded The village
will give to corporation and not to Judge
Reed [ have no objection to Jud ge
Reed managing the road. Reed is the
President of the Company to day, but,
may not be tomorrow. We do not know
what hands it may fall into, and for that
reason any proposition submitted to the
people should be well guarded. I am
glad that the matter has been put into
the hands of committee, who, |
have no doubt, will submit proposition
that will be sustained by the people.
Applause.
On motion the meeting adjourned until
Saturday evening.