The Cairo daily bulletin. (Cairo, Ill.) 1870-1872, 1871-06-08
AN IMPORTANT ORDER.
PULASKI COUNTY Ann THE CAIRO
AM vINCkNNES RAILROAD.
Prompt ana Wise A, ton In Reference
Ia the Escrow proposition.
A Model order Of q N odei Court.


The County Court of Pulaski county
composed Of gentlemen who arc Democra,
in fact as we'll as in name; and who, there
fore, knowing the will of the people VIII,
elected them, throw no Obstacles in thu
way Of the will, but obey i
with elacrity. When they learned
from THE BULLETIN that Gen. Burn.
side had made the escrow prop.
sition, they Immediately agreed to accep,
it. This prompt action is commendable
it proves that Pulaski county has cour,
at once intelligen. and public spirited
the servants and not the masters Of tn,
people. The order is as follows:
Whereas, Heretofore. to-wit: on tn,
9Th day OF November, 1867 the PROPOSE
ton 70 subscribe 100000 70 the capita
stock ofthe Cairo and Vincennes Railroad
Company was duly submitted and ap.
proved by majority Of the qualifd voter.
Of Pulaski county, and the court duly au.
thorized TO subsribc for said stock, and
Whereas, heretofore, to-wit, on the %
day Of December, A. d., 1867 the County
said county, made and entered into an
executory contract for the sale of said
stock for a valuable consideration, and
the performance Of certain conditions on
the part Of said company;
And Whereas, The time for the per-
forming Of the several matters therein
stipulated to be done by said company has
expired,
And Whereas, The said company are
still willing TO execute and, fulfill said
contract on their part,
And Whereas, The said company In con-
sideration Of further time being given for
the construction of said railroad, propose
and agree that said bonds shall not be de-
livered, or interest begin to run until u
train Of cars shall pass over said road from
Cairo to Vincennes,
And Whereas, Ii is highly desirable
and TO the interest Of the people of said
county thst said Cairo and Vincennes
Railroad be built as speedily as possible,
Therefore, And upon the condition that
the counties Of johnson, Saline, White,
and the city Of Cairo shall consent and
agree to like extension of time under
the contract between said counties respect
lively, and the T.. & V. X. X. Co. for the
sale Of the stock ana on the further
condition that work shall be, in good faith,
resumed o.. said road within six months
from this date,
Be, and IL is hereby ordered and agreed,
That the county will, within sixty days
after the resumption Of work. as aforesaid,
on said road, execute and deliver 10, and
place in the hands Of q responsible trustee
in the City Of New York, the bonds Of
said county Of the denomination, kind and
number described IN said contract for the
sale Of stock TO said company, to be held
and disposed of as follows;
The said bonds shall be delivered by
said trustee to the President or other duly
authorized agent of the said Cairo and
Vincennes Railroad Company after
train of cars shall pass over said road
from Cairo to Vincennes.
Provided, horeuer, That the delivery of
said bonds to said company shall be made
only upon the express condition that
train OF cars shall pass over the line OF
said railrod from Cairo to yincennes
within two ~ years from and after the
delivery OF said bonds to said trustee and
ard if a tram shall not pass over said road
within the time above limited, then, and
in that case, the said trustee shall re-de-
liver the said bonds to the County Judge
of said county, or to any duly authorized
agent Of said county.
And Il is further stipulated, That in
the event of the completion of said road
within the time limited, that the delivery
of said bonds to said company shall be
under the contract for the sale of stock,
and in compliance with the terms thereof,
and shall be deemed and taken as full
compliance on the part of Pulaski comfy
with the terms of said contract for the
sale Of stock to said Cairo and Vincennes
Railroad Company.