Wood County reporter. [volume] (Grand Rapids [i.e. Wisconsin Rapids], Wis.) 1857-1923, 1871-08-24

lac furDne thOil~aHI ubHaf-, anu lht
same 10 be be delivered in ex hange
Inr M equal arhol,nt N certificates OF
/ full . iii capItal stock OF said 'talIr' a |
| Company. Said bonds shall, upon
the execution thereof, be placed in
| The FIRST National Bank of MiIwau
tkse. State ef Wisconsin, in escrow,
/ 20 be delivered to tie said party Of
1 The first par: or its assigns ~ next
| hereinafter specified, viz The spd
| First National Bank shall deliver to
said party of the frs, part or to its
/ ,pn,hnrin a aEent, twenty Thousand
/ dollars "nr safd Bomfs first bpcDulBg
due aud payable, when and a. soon
as the said Railroad shat have been
iro,ed and equipped TO within twenty
miles Of III" city " Grand Rapids or
village Of Centraha aforesaid, and
! that fact shall be made to appear by
/ the certificate Of the Engineer or sn
pcrir'endent Of said Railroad, which
( certificate shall be verified by the Ali
davit OF said Engineer or Superinten
dent, and by the certificate nndcr
oath Of two legal voters oi said Corn.
3tv Of Wood who shall also be free
holders thereof. Such voters may be
appointed by the County Judge or
4 Court Commissioner of the said
! County If Wood, or nv the Judge of
the Sevr,sh JuGirlal Circuit, and if
every sucIi officer rrtuse 10 rDaks siirh
/ appointment, -ach voters may be APP
! pointed 10y the President of said Com.
pany. but in the after case no person
shall be appointed who then shall be
or heretofore shall have been 1ssrk
holder of SAID Company, or who wa
not freebooter during the year pre-
cecding the date ~ such appoint.
mcni. aud that duplicate copies Of
sail certificates shall be filed ~jth
the Clerk Of the Board of Superyis,
ors oi sand Wood conntv,(a nd with
THE said FIRST National Bank Of Mil
waukce ten days before the delivery
Of said bonds, and shall deliver to
said party of the first part twent"
thonSari dollars of said Bonds ne xt
maturing upon the completion 50 that
the cars shall ruin thereon OF each sue.
ceerhnu b We mikes Of said Railroad g,
d. and that fact shall be male to appear
I by certificates as aforesaid, until the
whole amount Of saita Bonds shall he
dc.iytred. SAID bonds shall be liths
ograpb.a or printed in the usual form
I of public securities, with interest
coupons attached, and shall bear date
on before the first day OF November
/ A. ID. 1871, and the principal thereof
>haII he made payable in annual in.
stallmcnts, a. follows, that is TO say :
Ten of said Bonds for one thousand
dollars each shalt be mahe payable in
ten years from the htst day OF March,
\. ID. 1872, and trL Of said Bonds
| Tor one thousand dollars each shall be
made payable annpaIIy thereafter, anil
said Binds Shali bear interest, pava
bic Scmi-annnaIly, Al eight per cent.
and ravabIe At the ottic. nf ,he Un
ION rrn>t C"mpspy in the city q
New York, and said Bond, shah b.
signed by the Chairman Of the Board
of Supervisors of SAID County rt
Wood, in his official capacity, ADD
count"r>ignrd by the Clerk Of the
Board ct Supervisors of said County,
who shall athx thereto the Official seal
of said County. and the intcrc>,
cn1pons shall also b., signed by said
Irf.,i, and cola t.,l, ub,,n Ia al roL
poets, both IN form and manner Of
execution, conform to the provisions
of Chapter 2lO Of the Private aud
Local Law. Of The State OF WiSrun
sin for the year A. ID. ls7l, entitled
/" An act to authorize tie County Of
Wood to aid in the construction Of
Railroads, Approved March sIh,
1870 and said bonds shall be plac.
pd in escrow As aforesaid on or before
the first dav Of November, A. d
49, prorided, that the said Bonds
Shall bear srmi-annual interest from
and after she FIRST day Of March 4 d.
1872. aud not before. 1qd procj2ed
further, That If the said patty Of the
first part shah pos he entitled to the
ielivery "t any por1f0n of said Bonds
nnri aifer the frs, dsy of March A
ID, 1872, then the said party Of the
second part shall n',s pay Interest an
such portion until from and attcr the
party ~ the first part be entitled To
tn" delivery q the same according t.
the terms Of thn agreement, and in
that case the interest," coupons of sat
tiCient amount 10 COREY she interest
mp /" the time, when the party of the
frs part shah be entitled to the de-
livery OF such portion of said Bonds,
shall hc cancelled before the delN cry
thereof, or sad interest may be otl,.
crwlse adjusted hy the parties hereto,
and prorHed ,tiuther, That if tho
issue OF said Bonds shall not be an
lhnrized ~ the required number of
legal voters OF. the said County Of
Wood, prior to tie 18th day of Sep
trml,"r, \. y 1871, the laid party OF
the first part shall have the right To
declare this agreement aunulrd ard
abrogated, and may cancel and abro
gate the same 10y giving verbal 81
written notice 10 that effect 20 the
said party Of the second part.