The Cairo daily bulletin. (Cairo, Ill.) 1870-1872, 1871-08-06

b /, returned and delivered TO the county
Treasurer by the said trustees, together
with complete report of their action in
the premises, which report shall be deliv-
cred to the county Clerk of this county;
provided, however, before the said bonds
are delivered to the trustees, to be appoin-
ted, that the citizens of the city of CAIRO
file bond in the county Court in the pen
al sum of two hundred and sixty thouand
dollars, the amount Of said bonds and
coupons, warranting and indemmifying
this county from all loss or damage which
may occur to the county of Alexander by
loss or appropriation of said bonds by tho
said trustees other wise than directed by
the county Court Of this county. II Is
further ordered that in case the said
Cairo and vinoennes railroad company
shall n Ut commence said work and not
complete said rsilroad within the time
granted 10 them and In the manner
above specified on or before the first day
of July, 1873, then and in that case said
trustees shall deliver 10 the county Court
of Alexander county, or TO any one duly
authorizing by said county Court, the said
bonds intrusted to them together with all
tho coupons belonging TO said bonds and
in case said Cairo and Vincennes railroad
company complies with all the conditions
herein specified, said trustees
are hereby required and
authorized TO stamp said bonds with the
proper revenue stamps required by law
| and to CANCEL them before delivery, and
this court agrees to refund TO said trustees
the amount Of said stamps. This order
| may be amended and altered before the
said bonds are deliver, 4 TO the trustees to
be appointed, and copy Of oil oreders
relative to this matter shall be placed in
the hands Of said trustees, and also n copy
thereof furnished to the Cairo and Vincen-
mes railroad company, which company
shall signify their acceptance and agree
ment to said order in writing, signed by
the proper officers Of the company.
THURSDAY MORNING, NINE O'CLOCK, JULY
10, l87l-TRsTH DAY.
In the matter Of the Cairo and st. Louis
railroad
WHEREAS, On the Oath day Of April,
A ID. 1866, an election was held in the
county to ascertain, by the vote Of the
electors of the county, whether or not this
county shall subscribe TO the capital stock
Of the Cairo and st. Louis railroad COM
pany the sum Of one hundred thousand
dollars in Alexander county bonds and at
the said election eight hundred and fifteen
votes were cast in favor of said subscrip-
| ton, and one hund red and eighteen votes
we're cast against said subscription, which
number of eight hundred and fifteen votes
cast in favor of such subscription was q
| majority Of all the votes cast at she pre-
| cedng general election OF November, 1865,
there being 1883 votes cast at the said
general election preceding the said special
election above named and, whereas, on
the Sd day Of July, 1871, at special cleo
ton held, the people voted for special
tax not exceeding thrty-hve cents per
hundred dollars valuation annually, to
pay the interest on the bonds to be issued
! TO the said Cairo and 81. Louis railroad.
1t is, therefore, ordered that this county
make a subscription to the capital stock of
the Cairo and St. Louis railroad company
in the sum of one hundred thousand dol
lars in Alexander county bonds, bearing
eight per cent. interest per annum from
the date thereof payable semi-annually (;
and said bonds 10 be payable twenty years
after the first day of January, AID. 1872,
and to be dated January l, 1872, The
said subscription is made on the following
express conditions, to-wit: That
the amount shall be expended
within the limits of this county, according
That the track of said railroad shall enter
Alexander county at its northern limits
upon the line dividing II from Union
county, and shall be carried upon the most
: eligible route to the levees surrounding
the city of Cairo, and that the work shall
! be commenced and prosecuted from the
} city Of Cairo by the first day of Novem-
Der, 1871 and the road bed, (incuding
culverts and bridges) shall be completed
to the county line CT Union county by the
first day Of July AID. 1872: provided,
however, that tho bonds of Alexander
county shall DO paid to the said Cairo and
st. Louis railroad company on the COM
pleton of each five miles Of the road
bed commencing at the levees Of the city
of Cairo, said amount TO be paid pro rata
as the amount done is in proportion to the
whole work to be done on the road bod in
said Alexander county, said amount to be
ascertained by survey, and an estimate
of the cost of the whole work and number
of miles in said county provided that in
terest shall not begin to run upon any Of
the said bonds until the company shall
have become entitled TO receive them and
any interest accumulated on said bonds
before delivery to the said Cairo and St.
Louis railroad Company shall be Cancelled
\ hlu Inc coupons uuc, ~ Us 10
the amount Of interest accumulated shall
be returned to the County Treasurer Of
this county on any fractional part can
cellcd or the coupon or coupons, and no
bonds shall be delivered for any fractional
part of the estimate less than
one thousand dollars inasmuch as
said bonds are TO DO issued
for one thousand dollars each. And pro-
vided, further, that in no case shall there
be delivered to said railroad company
greater amount of bonds Of this county
than fifty per centum of the actual cost in
cash Of any five miles Of said road bed, as
shown by the estimates of the engineer of
said railroad, until said railroad shall
have been completed, and that any sur
plus of said bond not delivered to said
railroad company, when the track thereof
shall have been completed and the cars
rue thereon from Cairo to st. Louis and
said railroad company shall furnish esti-
mates at their own expense to the County
Court or some authorized committee or
commissioner who shall approve said esti-
mate, or reject the same, and only on
such approval the proper amount of bonds
shall be delivered TO said railroad COM
pany. Said bonds to DO placed into the
hands Of q trustee or trustees, to be APP
pointed by this Court, residents Of this
county, who shall safely keep them and
deliver them to the said Cairo and st.
LOUIS Railroad Company from time to
A.