Nebraska advertiser., 1869-12-09
SPECIAL ELECTION
PROCLAMATION

Notice is hereby given that by virtue Of the
following order Of the City Council Of the
City OF BrOWnvflIe, State Of Nebraska, IN
Election Will be held in the manner and for
] the purpose and at the time n place spect-
ned In said order, which isas follows, tO-wit
In the matter Of the submission TO q vote
Of the legal voters Of the city Of BrOWnYille
the question whether this city shall issue Its
Bonds to aid in the construction OF the
Quincy, Missouri and Pacific Railroad: h
Board being satisfied by the Petition OF a
large portion OF the legal voters OF this city
and otherwise, that il Is the wish OF large
portion Of the voters of this city, and that II
Is expedient and proper that the questions
hereinafter mentioned should be submitted
to the vote of the voters Of this city.
Now, therefore, by virtue Of the authority
IN US vested by law, we, the City Council OF
the City Of BrOWnVille, State Of EeDraskal
do order that n special election De nelo1n anu
Tor the city OF on the tosn ~ ~ =,
January, 1870, at the usual place o. NOtlDg IN
said city, for the purpose Of voting on the
following questions, that Is to say
Shall the City Council Of the said Guy OI
~BrOWnville, issue the Bonds Of SAID city IOf
the amount of Sixty Thousand Dollars 800
OO0l, to aid in the constructions Of the Quincy
Missouri and Pacific Railroad and shall the
City Council cause q tax to be levied annu-
ally on the taxable property OF said city, in
addition to the other annual taxes, for ten
years, sufficient to pay the interest on said
Bonds, Tor the next ten years tnereaISes
sufficient to pay the interest as Aforesaid and
an additional tax sufficient to pay one tenth
part Of the principal, to be placed In q sink
ing fund created for that purpose, and to ap-
ply the same in the payment OF said bonds
when the same shall become q and payR-
BILE. Said Bonds to be made payable in twen-
ty years from the date OF the issuing thereof,
and to bear interest at the rate Of seven per
cent. per annum, the interest payable semi
annually at the office OF the City treasurer OF
said city.
The said Bonds to be issued and appropria-
ted only in the construction Of q Railroad
from a point on the east bank Of the Aissou-
ri river directly opposite the City OF Brown
Vile, Nebraska, running thence east 20 q
point on the st. Joseph Council BIuns Kali
Road.
Bonds to the amount Of $4,000 shall be is
sued when said road Is graded from the said
point on the east bank OF the Missouri river,
directly opposite the City OF BrOwnvE Gle, to
some point on the said st. Joseph & Council
Bluffs Railroad, as aforesaid; n Bonds to
road is bridged and tied, and ready for the
iron and $4,000 of said Bonds shall be issued
when the same shall have been irOned and
ready for the rolling stock
Ten Thousand Dollars OF said Bono shall
be issued and delivered to said Quincy, Mis-
souri, and Pacific Railroad Company, ape
assessments a by said company, when
ever they shall release the present
erS residing in Nemaha County, in the State
of Nebraska, from all obligations to take n
pay for the stock subscribed by them at
Kirksville, Missouri, at the time said Rail-
road Company was organized. II said Com
pany refuse to release said persons and allow
them to transfer said stock to the City OF
~BrOwnville, then the said Bonds shall
be given to said present stockholders so fast
as they pay up the assessment made upon
their stock in said Company. Said stock to
be then owned and belong to the said City Of
B~rOWnville.
PTOUided, That the sole appropriation and
issuing of said Bonds, and the money raised
on the same, and the management of said
work, or letting of contracts for performing
the same, Is to be placed in the hands OF three
Trustees. appointed by the said City Council,
who shall have all the powers for the purpose
herein contemplated usually conferred on
regular Boards of Directors usually doing the
business of Railroad Corporations.
That the work begin on said road as herein
contemplated by or before the first day Of
May, A. ID. 1870, and Is finished as far east as
the said st. Joseph & Council Bluffs Railroad
by or before the first day of August, 1870.
Provided, further, that II the said Quincy,
Missouri and Pacific Railroad Company does
not, by or before the LIST day Of March 1870,
to all the foregoing conditions and
provisions requiring the same, in good faith,
and does not legally bind itself thereto, or In
any way fails or refuses to properly comply
Herewith, then any other Railroad Company |
with the provisions of this proc /
shall have the benefit Of said
Bonds, whenever said City Council shall so
determine by vote Of the same.
Ind be 70 further ordered, That those who
are In favor Of authorizing said City Council
TO issue said Bonds in manner as above pro-
vided, and who are in favor Of authorizing
said COunc to levy an additional tax to those
now authorized by law 20 pay the interest
and principal of said Bonds In accordance
the above proposition, shallcast RballOt
upon which shall be written or prtnted-"FOr
and Tax, Yes" Those opposed shall
cast a ballot upon which shall be written or
D~rinted-"FOr Bonds and Tax, No"
The above Proclamation was adopted by
the City Council of the City Of BrOwnville.
the 9Th, 1859. and ordered to be pro-
claimed by the Mayor OF said City.
d. sS-3t, r. V. HUGHES, Mayor.