The Leavenworth weekly times. [volume] (Leavenworth, Kan.) 1870-1880, 1871-11-30
Notice.
COUNT CLKRK's Oyslcx,

COUNT CLkRk's Oysfcx, [
LeavsnwOrth, kansAs, Oetobsr 18th, 1871. (
WHEREAS, The following proposisios having
been submitted TO the Board, to-~it:
The Board Of County Commits ionefs Of Leaven
worth County propose to submit 70 the qualified
voters Of said County II a special election TO IN,
held on the 9Th day of December, A. u. 1871, =
Proposition TO subscribe $50, OOO to the capital
Kali way Company, and to issue ant deliver 70 said
Company. in payment Thereof slso, ooo Lave
1907 nor less than twenty (2U, yean alter date,
bearing interest at the rate Of seven ca per
per annum, with q sinking fund ior the redemp-
tion OF the bonds, interest payable sem-annualy
in he City OF New Ork, or IL the City oil Leav.
enworth, Kansas, said Company may elect, and
also dispose Of, transfer aud deliver to said
pany six thousand shares Of tue stock Of the i'ate
City and Fort Des Moines Railroad Company, Row
ow ned by said County, upon the terms, conditions
aud CON deratiOns fo.iowin.: Said Railway ON
pany propose TO eonet' uct, complete aud finish, at
The rate Of one hundred 1OOJ miles each year, At
ter the hrst year new, independent and inst
class line Of railway, OF gauge Of three feet, from
q point within the City OF LeavenwOrth, on the
most practical route through FairmOunt and sher-
man Townships III leavenwOrth Count. crossing
the Kansas River at lie -otO and intersect-
ing the Atlantic 4 Pacific Railroad at or near the
noIi IN end OF he Canadian River in the Indian Ter
ritory thence in the same gene nj direction formn
junrtion with the Southern Pacific Railroad in the
State of Texas, and to ke leaven worth he east
ern terminus Of said road, /, establish IN said eity
the principal Oml Oi the company, ana To erect
the necessary depo,s aud machine shops within
the limits Of sad city.
When said Company shall have constructed said
railway from the ity Of Leaven worth, 70 the Kan
sas River on -ew and Independent route, said
$3.50, 900 Of the bonds Of Leavenv0r, County, as
herein stated, shall be delivered to sid COMPANY
by the trustee, hereafter to be named; Provided,
said railway is completed TO the point above mem
toned to wit: tie Kansas River, and Is in good
running order With one year from the ratifca-
ton of these conditions and the delivery OF ia
stock an bonds 20 the trustee hereinafter u b
named and when fifty miles of said Railway is
completed, said six thousand sh res OF the capital
stock OF the glatte City and Fort lies Nome Rail
road Company shall be delivered to the said Leav
enworth and KANSAS southern railway Company
by such trustee; Provided, also, that the County
oil Leaven worth shall have the privilege OF pay ing
to said Railway Company, within one year Fifty
Thousand Dollars $50 600 in Leu Of tue delivery
said thousand shares ID, OcO) of stock OF the
Platte City and ort Des MONIES Railroad COM
pany, hereinbeiore provided.
The said stock and boI DIS are to be placed in the
keeping of a trustee selected for that purpose by
the Board Of County Commissioners and the Board
of Directors Of said Railway Company, who - To
hold said and bonds in trust, and not to
liver the same to said Railway Company until id
Railway Company complies with the terms and
conditions herein mentioned; and on failure Of
said Company to comply with the terms aud coz
ditions herein mentioned, such trestee is then,
the order OF the Board OF County Commissioner
OF Leavenworih County, 10 return and deliver up
szid stock and bonds herein stated.
In the event that said tonds shall be authorized |
to be issued and the stock in said Railway Com |
pany shall be authorized to be subscribed for by
he vote submitted, when such subscription shall 4
be made tho stock 50 subscribed for shall be dis
posed of and assigned to the President Of said Com
,any for the consideration Of dollar, upon the
erms and conditions herein stated and the assign
thereof TO be deposited With the trustee TO be
'elected herein provided for, and delivered with
hem to said Railway Company when said bonds
hall be delivered.
The coupons due on said bonds at the time aid
ompany shall he entitled to their possession, shall
e returned :, county for cancs lation.
To bero:.l Hs,ht4th day OF December.
nov1ldkv,O