The Cairo daily bulletin. (Cairo, Ill.) 1870-1872, 1870-12-31
THE CAIRO, AND WING ENMES
RAll ROAD
a Remarkable Order by TIE Alexander
County lnurI.

Remarkable Order by i.1o AiexaBdG,
County court.
The following order of tho County
Court will Command some attention for is
boldness, if Tor no other reason. Its object
is to nullify fle contract between the
county Of Alexander and the Cairo and
Nincenncs RAILROAD company under which
the Company wa to secure, under pre-
scribed conditons the sum Of 100000 in
countyPonds. Tie company accepted the
condiths and this completed the con-
tract. he County Court, one of the par.
ties, now'eclares taat the Railroad COM
psny has filed TO comply with the condi-
tions impo,d and that therefore the con-
tract Is nuh and void. Can the Court,
beinsa partSpropcrly constitute itself the
judge in SUCH case? 1.-THE object sought
is merely to i'se tho question of the coun-
tvs liability, the determined in higher
court the coursoursued is sufficiently de
rect; but By no leans final.
Bya very decide majority the people Of
Alexander county atwcd willingness 10
subscribe 500, 900 tothe c. & V. railroad
to be paid over in the \onds Of tho county
when the road should q completed TO the
Pulaski county line. Milc it is true that
unexpected and annoypg delays have
characterized the operatins Of the COM
pany, we are still disposea,o believe that
onlya few of our tax ?aycrswould hesitate
to urge the performance ofthc county's
part of the contract, If there,y the road
could be secured. What the others Of the
road have been doing; whether.hcy have
been exercising reasonable diligeicc in tho
prosecution Of their work, are matters o.
fact, to be determined upon, not by ono Of
the parties to the contract, but by court
of competent Jurisdiction.
The order is In the words following;
Whereas, on tho 10th dag Of July, 1867,
the voters Of Alexander county voted one
handrcd thousand dollars 10 the capital
stock of the Cairo and Vnccnnes Railroad
company, in pursuance Of an order of the
County Court of Alexander county, made
Mt the June Term, 1867; and whereas, on
the 18th day Of November, 1857, the
County Court Of Alexander County,
and Green B. Raum, US Presidcn;
of tho Cairo and Ninccnnes Rail-
road company, entered into contrac.
whereby said County Court, for and on
behalf of said county agreed to issue one
hundred thousand dollars In county bonds
PAYABLE tweaty years after the date Of such
bonds. with interest at the rate OF eight
per cent per annum, payable semi annual
iy TO said railroad company In installpents
A, stipulated in said contract. In consider
alton of said bonds rs aforesaid tho sale
railroad company agreed in said contract I,
issue 10 said county ono hundred thousand
dollars stock In said Cairo X Nincenne
railroad; and whereas the said Count,
court Of said county agreed In the SAM
contract, with the said railroad company &
sell said ane hundred thousand dollar
stock in said railroad, when issued back {,
said railroad company in and for the con
sidera,ion of five thousand dollars in coun
~ bond. of Alexander county, thereby
virtually giving and donating to.said rail-
road company nincty-fvc thousand dollar
in Alexander county bonds, with eight
Der cent interest per annum on said bondi
FOR twenty years said interest amounting
TO one hundred and fifty two thousand dol
lars and the principal and Interest TO the
amount of two hundred and forty-scyen
thousand dollars, and whereas tho vote a
tho people Of said county on said subscrip.
ton 10 said capital stock of said railrosd
company, did not authorize the County
court TO sell said stock at mere nominal
sum and thereby to donate TO said railroad
company said amount above statcl-which
action Is not warranted by law; and
whereas, more than reasonable length of
time has elapsed for tho completion of
said railroad and also the extension of
time granted ON said contract, requiring
said railroad company to commence said
work within six months from the date OF
said contract, and to push said work with
reasonable dispatch % completion, and ex-
tension of timc granted requiring said
railroad company TO commence work on or
before the first day Of December, 1870, and
with dispatch prosecute said work until
and said railroad company
having failed to comply with said con
trnot. Il is therefore ordered that said con-
tract be and is hereby declared null and
void. IL is further orGerol that the clerk
of this cour. notify tho representatives. Of
said railroad company in this county OF
this order.