The Cairo daily bulletin. (Cairo, Ill.) 1870-1872, 1871-07-30
ORDINANCE NO 100
An ordinance TO authorize subscription 800.
900 TO the CAIRO and g. LOUIS Rail Road Com.


nd An ordinance To authorize subscription o, sloo.
Ooo TO the Cairo and 81. LOUIS Rail Road Com.
,is Whereas, by -esolution OF the city Council Of
the city ofCairo, adopted on March u, LEGO, Il
1866, IN the several wards Of the city for the mr.
nc pose Of ascertaning the wishes OF the voters u
Vhi 500 900 to the capital stock Of The Cairo and 81
,a- Louis Rail Road Company, and
Whereas, election was held in pursuance If
lco such resolution and the returns Of the same wetr
laid before the City Council alta special meeting
held on MAY sd, 1875, from INV which u, y appeared
ng ton and % aga INST it, and thereon the CITY Coun.
cal declared said election carried IN favor Of said
subscription, and instructed the ordinance com
ng mittee To- prepare and submit to said council the
necessary ordinance to carry the result Of SAID
election into eject and
ST. whereas a provisional contract has been IN.
=, tered into between the SAID Cairo ana ~. LD-is
KIN RaIiroad Company and responsible contractors
. for the const-ncton of said road, based upon the
subscriptions heretofore authorized tCbe made to
lp the capital stock Of said company by counties,
a. cities md towns along the line OF said road
therefore for the purpose OF giving eiied TO the
at expressed wish Of the electors and tax pyers OF
the city, as anovo rccted,
up BE ordained by the City Council Of the diy u
IL sIcrIosI. That the Mayor of the city brand
me he hereby is anl horze and instructed, to -ib.
scribe on behalf OF the CITY Of Cairo, to The capital
stock OF the CAIRO and 81 Louis Railroad Con.
Tho pahy In the sum OF one hundred thousand dollsn
"' sad subscription 70 be payable as hereInse.
provided tor; that bonds Of the city shall lie IL.
amount OF ninety.fi thousond dollars, IN such
sums as Hhu coUlpany may de sgnntc, sad bonds To
bear nores, at the rate OF eight per cent per an
mum, and 10 be payable In twenty wears from
date thereof, and thst the Mayor Of the city CITY
Clerk and CITY Comptroller be, and they are here.
BY authorized and instructed TO sign and nfix tho
seal OF the city To the same, and to deliver the
same 10 strustee or trustees to be appointed by
ule Mayor ana City Council 10 he held by sail
0ustee or trustees IN eEcro. aud 10 be delivered
% said Cairo and 81. LOUIS Railroad company
tpDn the following conditions, viz that the tracL
iet oesaid road shall enter Alexander county at IT,
uorthtrn limit, upon the line dividing IL from
Union co Inty and shall be carried upon the most
ieligibe route 10 the levees surrounding tho city
Tot Cairo, and
"A 'That the work shall be commenced and pyo.e
snted from The city 81 Cairo by the first dsy Of
Jpleted 10 the count, line Of Union county by ~.
A hfst day ofJuly 49,, Provided however tbaf ,bo
bonds OF the city Of Csro shall be paid 10 the sajJ
hailroad Company on the completion OF each We
n ,uies oil the 70 d.bed commencing at Cairo said
sneA, oporti1n 70 tbs whole work 20 be done on Tho
~ '" Joied in said Alexander county said amend
'h1. scertaned by survey and 40 e-tirnate on
c4of the whole work ~ said county,
Ioed, that interest shsll not begin to run
any Of the said bonds until the COMPANY
ase become entitled 20 receive the -aid
end provided further that In no case shall
4 lard ,sjssued to said railroad company greater
-AisI 0 IN the bonds Of the city than M v Der
9oi the cost "a cash Of any Ave miles OF
uremen,a Of the engineer Of said raiI,nad
.ATU sod railroad shall have been com pI ted
-, any surplus OF sad bonds not Delivered
'khis provision shall be delivered 10 the
DO(eroad company when the track thereof is
va and the cars run thereon from Cairo
vedJuy 22nd, 1871,
ORI4N J.H0wLEY. city CLERK. mayor