Prescott journal. [volume] (Prescott, Wis.) 1861-1871, 1871-04-19

! three times the amount of damages caused
| by such offense. which may be recovered in
| the name of said company, in any court of
, competent jurisdiction. Such person or per-
| sons shall also be subject to indictment. and
on onviction of any such offensr, shall be
punished by fine and imprisonment in the
state prison, or either, at the discretion of the
court and in case any accident shall occur
in consequence OF any such distractions or
damage to said road or machinery, whereby
! the death OF any person shall be caused, the
person so offending shall. on conviction, be
| adjudged guilty OF mdrder in the frs. de-
| gree, and punished accordingly, in such
manner as shall be prescribed by law. for the
| punishment of murder in the first degree.
Section IA. Any town or towns in the
| Counties of Pierce and ST. Croix, are hereby
authorized to subscribe to tie capital stock
of said company in the manner and upon the
/ terms hereinafter specified, to-wit: lst, The
route of said road shall be first surveyed To-
/ Gated and established ID majority Cf le =
gal voters of said town shall at general or
special town meeting, first vote in favor of
| SAID subscription, and determine the amount
thereof No such question shall be voted
upon at any annual town meeting unless
twelve (l2) qualified electors of said town
shall hare signed notice of their intention
to bring said matter before said meeting, and
CduScu SuCI uDllCt W DG DuDfiSffcu lot tiItt
(3) successive weeks la some newspaper
printed in the county where said town is Sit
uated, an d the first time of said publication
shall not be more than thirty (30) days prior
To the time OF holding the town meeting
Section 10. On the conditions aforesaid,
the majority of the qualified electors of any
of said towns present at the opening of the
polls of any annual town meeting, may de-
termine by vote viva voce. lst Whether they
viii vote by ballot on the question of the
towns making said subscriptions. I'd. In
case it shall be determined to vote by ballot
on such question, TO determine the amount of
subscription to be voted for and against, and
said amount may be determined without re-
gard to whether any particular amount shall
have been specified in said notice or not, and
in case it shall be determined to vote on said
question, it shall be the duty of the chair
man OF said town meeting, TO make public
proclamation that the polls are open TO re-
ceive votes for and against the said subscrip-
ton, and separate box shall he prepared,
and any qualified voter at said town meeting
shall be at liberty to vote said question.
aud the ballots on that question shall be Ell
Their printed or written, or partly priut-
ed and partly written and shall be
either for the railroad subscription"
or against railroad subscription and said
votes shall be counted. and statement of the
number OF votes for and against said sub
scriptions shall be made and subscribed ty
the inspectors of the election at said town
meeting. aud shall be left with the town clerk
of said town, and shall be recorded by him
in his office.
Section Is. Special town meetings may
be he'd in any of said towns. for the purpose
of voting on said question. on request be-
ing made therefor to the town clerk of said
tn in srf cru Nv E.,l
voters in such town, who shall be fiee-hold-
ers. Such special town meeting shall be CA
led in the same manner and on like notice As
is now provided by law for the holding OF
special town meetings, and like proceedings
shall be had in regard to the vote upon said
question rs is hereinbeiore prescribed for
for general town meeting, except the pub
Ilcation of the notice thereof
Sec. IT. In case the towns of said counties or
any OF the m, shall vote in favor of subscription
to the capital stock of said company, TO an
amount in the aggregate of five hundred and city
thousand dollals, the chairman of the board of
supervisors Of each town that shall vote in favor
of said subscrip zion, shall on behalf OF his town.
upon the completion ofsad railroad into his town
In good running order and not before. subscribe
to the capital stock of said Company, to the
amount for which his town shall have voted.
and thereupon stock shall be issued TO said towns
respectively to such amount and in payment
therefor. The chairman OF the board of suuer-
visors of and for each of thei rtowns respectively
snail Issue 10 said railroad company. the bonds OF
said towns respectively, to the maount of their
respective subscriptions as aforesaid.
Sec. Is. such bonds of each of said towns
shall be issued and signed by the chairman of the
board of supervisors of and for each of their re-
spective towns, and countersigned by thu town
clerk OF and Tor each of their respective towns
the amount aforesaid, and shall be of denomina-
tions ranging from one to five hundred dollars
each, with coupons interests warrants attached,
drawing an interest of % seven per ce Mt. per
mum. to be paid annually, and the whole SUM,
principal aud interest, payable within fifteen (15)
years from their date at any bank, the board of
directors may designate as follows, to-wit: The
interest to be paid annually at seven per cent peg
annum, and the principal from and after the fifth
year after the issue of any of said bonds to be paid
IN nstallments OF ten 100 per cent on each out
standing bond IN each year, after said nth, and
until the Who.e principal Is paid: PROVIDED,
HoWEvEl.' ana II shall DC inserted in said bonds
that either OF said towns may at their option
at the end of five o. years from the date of Issue
of said bonds, or at the expiration OF any year,
after the said five years have elapsed. nav up and
cancel either or any OF said bonds, by paying the
principal sum thereof with said interest TO the
time OF such payment at said bank. Said bosas
shall be recorded in the office of the town clerk
OF the respective towns Issuing then by the town
clerk. and certificate therein specifying the vol
ume and page where it is recorded. shall be en-
dorsed thereon prior to it's delivery to the said rail
road company.
Sec 10. The coupons attached to said bonds
Tor interest falling due in any one year, paid by
either OF said towns shall be receivable in fpay-
ment Tor the town taxes of said town issuing the
same, for the year in which said town is required
70 pay sald lnterett or Tor any year thereafter.
Sec 90 The board of supervisors of each of said
towns shall annually cause to he levied and col
lected as other state, county and town taxes are
collected, sum of money sufficient to pay the
principal anc interest as ii may fall due on said
bonds, and on the same being collected, the town
treasurer of each Of said towns shall pay the
same TO the said bank, in payment of the amount
so falling due as aforesaid.
Sec. Fl. The chairman of the board of super
visors Of each of said towns. by hiraself proxy
may represent his town at any meeting of the
stockholders of said COMPANY and to cast the
vote oryOtes to which his town may be entitled.
Sec. o. This act is hereby declared to be
public act, and shall be favorably construed to
effect the purposes herein intended. and copies
thereof printed by authority of the state of Wis
consin, shall be received as evidence thereof in
all cases, and this act shall take effect and be in
force from and after its passrpe.