White Cloud Kansas chief. [volume] (White Cloud, Kan.) 1857-1872, 1869-02-25
CITY Ordfnaaaces.
ora.uAaiee No. 50.

- OT0tU8WCc NO. 49,
Relative 70 Subscribing Blonde for Rsilrsad.
Be- il srdsisel ty t. nsysr sat Cssxesi 81 Tia
City Of White Cfssd:
sEcries |. That Whereas, On the ffth
(sth) day of January. A. d. 1865. a petition
vas presented tn the Common Council o. the
Ci,y Of White Cloud, praying them to pass I'm
Ordinance subfnitsing 70 .fhe Qualified voters
Of this CITY, at an early day, proposition for
the CITY of White Ciond to subscribe Fifty
Thorsand Dollars Of The CAPITAL Stock of the
Atkinson and Nebraska Railroad Company,
aad fssr : 70 the said Coapsrv the bonds Of
theIry a. Mi q Cloud, at par, Ia payin-n,
Of said stock, upon certain conditions ma med
iwsaid petition, and none others;
SIC. 2 An5 il aitpearing To the Board Of
Oounc,imen that SAID petition was signed by
IN re lhaltoie hall OF the qualified voters Of
saiiscs.J Q. White Cloud, voting at The iss,
general election; and the matters in said r.
tis.nn ocir, fully head ard ccus: icrej ~ Il .
Council. !. is cclsiirieG b. the Coglcii tis;
the ptsver 81 the petitioners he granted.
SEC ) II il therefore Ct !ained hy the May.
or AID Council OF tie City Of White Cloud,
tha. al election be held or the i3th day Of
March. A D. 1882 at the ofti,e OF the Mayor
in the City Of White Ciorc. TO determine tie
follow ing propositions % vii:
Shall the CITY OF White Cloud subscribe
Fifty Thousand Dollars ef the Capital Sock
of the Aichi>on and Nebraska Railroad Com
pany, and issue the bonds oi the CITY of White
Cloud, at par, to said Rairond mrany. IL
payment of ssij stock. paw able thirty (30) years
aft.r date. sith seveHt1) psr cent. interest.
PAYABLE annually on the first dar Of June. with
interest coupons thereto attached, upon the
following conditr"ns, ant hone others. viz:
LIST. That said Railroad shall commence at
the City of Atchison, Kan-a-, and run ursrth
ward though Duuiphan County, Kansas, 10
White Cloud, in the Corn.y aforesaid; aud
that raid Railsad Company shall be entitled
TO tsentv-fve 'housan dollars in bends of the
City of Write Coui, when the Road is e. AIDED
from the City of hrcaison 20 the City of White
Cloud; and when the ties and rails are laid
aud the Road is in good running order from
Atchison. Kansas, to White Cloud, Kansas.
and the first engine runs into the City oi White
Cinud, Kansas, the said Railroad Company
shall be entitled to the remaining twenty five
thousand do lars Of White Cloud City bonds.
81. That the said Railroad Company shall
complete the said Road to the City OF White
Cloud within two years from the 18th day Of
March, A. d. 1869.
81. That Depot shall be built by the said
Railroad Company within the corporate limits
of the City of White Ci,ud. to cost not less
than FIVE thousand dollars, within one year
after the completion of the Road to said City
4th That the first instalment Of interest on
said CITY bonds shall become due and payable
on the first day Of June, a D. 1870. and said
bonds shall draw interest from date of theiI
delivery to said Railroad Company.
5th. That the City of White Cloud. 80 soon
a. the stock contemplated is subscribed in said
Company. shall be a stakeholder to the full
amount thereof, with the rights and privileges
Of individual stockholders.
9th. That none Of said bonds shall be issued
as aforesaid, until said Company app ying there
for shall file with the City Clerk of said City
the certificate Of the. Chief Engineer of said
Company, attested by the President and Sec
the City Council, that the work for which
bo-ds are demanded has been performed in
good faith.
Sec. 4. And it is further ordained, that said
election be he'd and returns thereof made a.
prescribed by the general election laws Of the
State of Kansas, and that the ballots be writ
ten or printed as follows: For subscribing the
Stock and issuing the Bends" or al gains
subscribing the Stock aud issuing the B)nds;'
and If a siority of the votes cast shall be il
favor of Subscribing the stock and issuing the
bonds as aforesaid. the City Council shall sub
scribe the said stock and issue said bonds a.
aforesaid; but if a majority of the said vote:
c,-t shall be xgsia.s subscribing the stock ana
issuing the bonds, then no bonds shall b.
issu, d.
Approved J inuary 5jh. 1869.
JOSHUA TAYLOR, Mayor.
Attest,
" n FoxNceooK CITY Clerk.