The Cairo daily bulletin. (Cairo, Ill.) 1870-1872, 1871-07-23
NEW ADVERTISEMENTS
ORDINANCE NO 100.

An ordnance TO authorize subseription oislOo.
goo to the Caro- aud 81 Loa 6H Rail Road Com
Whereas, by resolution of the CITY Council of
,ne city OF CAIRO, adopted on March "a. 1890, il
1885, in the several wards Of the ntv t Sr nPa nv
Lose o. ascertaining the wishes OF the yoters n,
snn sly o. faro "a regard toa subsci ptioh Of
Louis Rail Road Company, and "''U o.
Whereas. an election was !,eld 10 pursuance of
saSh solution snd he ssprns Of tie same
held on May 3rd, 1890, from which il appeared
that 673 votes were cast In favor OF said
ell declared said election carried in favor OF said
subscription, aud INSTRUCTED the ordinance com
m',tee to prepare and sub,ni.to said council the
necessary ordinance TO carry the result OF said
election into fleet and l.saf fs' -
Whereas, . provisional contract has been an.
tered into between the said Cairo ano St Ia a..
Rsiiroad Company and responsible con,ractsr :
tor the construction Of said road, based upon the
subscriptions heretofore authorized to be made Ia
ces towns aons the i~s 81 y s. S9a Ia.s
expressed wish Of the eiscof: and tan payer. Y" q.
Be u ordsined by the City Council Of the city OF
sEcr,osl 1. Iha, the Mayor Of the city BE-. and
he hereby Is su horiEsi and instructed, 10 sub.
scribe on behalf OF the city Of Cairo, a. the capital
stock OF the Cairo and ~. Louis Railroad com.
pshy. in the sum Of one hundred tn usand dnllsrs
provided for; that bonds ofthe city shall BE- is.
sued in y .yment Of taid subscriot.on 10 the
amount OF ninety five thousond dellar-, in such
sums as said company naydesigna,e,s Id bonds n
bear interest at the rate OF eigbt per cent per an
nun. and 10 b., pa, able id twenty years from
date thereof, and that the Mayor Of the city CIty
Clers and CITY Comptroller be, and they nv here
~ authorized ana instructed 70 sign and afiix Inc
seal Of the city 10 the same, and TO deliver the
same to a trustee or trustees TO be appointed by
the Mayor ana City Council TO be held by SAID
tusi.e or trustees in escro, and 10 I've delivered
TO ssiu cai aud St. Louis Railroad Company
upon the following conditions. viz that Oh. tract
o said road shall enter Alexander county nj A.,
northern lint, upon the iine dividing II fon
Union county and shall be carried upon the most
eligible route TO thelevees surron ndiBg the city
"That the work shall be commenced aud prose
cuted from the rity If Cairo by the first day OF
November 1871, and the road-bed shall be com
pieted to the county line Of Union county by the
first day OF july 1871, Provided however, that the
bonds Of the city sfCsiro shall he pad 20 the said
railroad Conn any on the &C uu,ei'on Of each i've
miles OF the road bed eenmeneln4 at ca 70, said
in proportion to the whole ork 20 be dore on the
road bed in said Alexander county, sad Hmo uni
| 10 be sscer,alned by asnryey aud an Is mate VI
| the cost Of the whole work ~ SAID county
| Provided, that inter II shsll not begin 10 run
| upon any Of the sad bonds until t'. company
| shall have become entitled TO receive the SAID
| bonds And prov ded further that In no case shall
\ there be issued 10 said railroad company greatel
| amount in the bonds OF the city than nifty POI
| eentum OF the cost ia each OF any Ave miles o
| Of said road bed, rs shown by the certified
| measurements of the engineer Of said railroad
until said railroad shall have been oprnpl,ted
under this provision shall be delivered 10 N,
srld railroad company when the track thereof 4,
completed and the cars run thereon from Cair'
APPROVED July 22nd, 1871.
j Nm NJ LHNspEN, Mayor.
Att st : NJ. J. HOWLEY, City Clerk. D.,