The Cairo daily bulletin. (Cairo, Ill.) 1870-1872, 1871-07-25
ORDINANCE NO. 120.
Al 400 ordinance q se.hcris- subscription q $780,
ny TO ihs'Cairo and 81. Louis Rail Road Com

AZ ordinance % ea,heris- subscription o. $780,.
o n. to 'hecairo and 81. LOUIS Rail Road Com
,h where's ne, by resolution Of the City Council Of
was a,J. 81 g:,fo, adapted on March n. ls06 u
1870, in tho sens a. ELECTION be held on April 81
he eli, Of cs,rning the wishes Of the voters OF
70 the ca p a aT, gard .9a Of
LOUIS fall Road Company aud ' SUI '
s, whereas an election was ssld in pursuance Of
s solution and the returns OF Ne sa,oa we're
before the City Council at spae,, , "ee
ns,a s on May srd 1876. from which il appesrsi
ton and ~ aga nst 1t, and In, reon the civ sp
GU ae.iaIed said election carried in favo, OF saa
mee 10 prepare ana snbm, The or. ordnance com
necessary ordinance to carry the re.oit n. sa,d
ELECTION into Effect /; aud '' VI '"'"
tered into between the SAID Cairo and ~. Ten. sn
kpiiroed Company and responsible, eop,,ar,ar
haie, ~ SAD ,osd o,s, upon the
the cspi',A rtosh ~ said een,Jmyy ~ c"n,. 70
cities md soyns along the in. or SAID 5u ,"sc
o. ssc'osss , sSf stS S., to ne
the city, ~ ~ ose recitsd, r"'''' "
8e u ordnined by the Csy Council Of the cit, of
sEeuqsi. That the Mayor OF ,b. cit, Il. a.,
ne hefcoy r. 40 hovsei and Instructed, 70 sUh
stock Of the Cairo and st. Louis Eailresd do,na
pany. In the sum OF one hundred IN ,n sand doii.1
s ssS's,p .ss, 70 ssa ss ps;ss.
amount of ninety ave thou.ond Dollar, in snas
gums 4: sssd company msydcsignase, said tonds 70
nun. and 70 be payable in twenty Year, from
date thereof, and thst the Mayor Of tie CITY. civ
Clerk and City Comptroller be, and they ar. here
ey authorized and instructed 10 sign and aiia the
seal Of the city 10 the same, and to deliver the
, same 70 trustee or trustees to be appointed by
NE Mayor ana CITY Council to be held By said
uushe or trustees in escro, and 10 be delivered
10 sad Cairo and ~. Louis Railroad COMPANY
uPoh .he FOLLOWING conditions, viz that tile track
OF said road shall enter Alexander county At n.
northern limit, upon the line dividing ID fom
Union county and shall be carried upon the most
eligible route " the levees surrounding the city
OF Csiro, and .I" .
THAT the work shall be comm ed and prose.
ented from The eity Of Cairo by the first day Of
November 1871, and the road-bed shah be com
pleted 70 the county line OF Union county BY the
trst day OF July ls72. Provided however, that the
bonds OF the city sfCsro shall be paid to the said
Railroad Company on the completion Of each d We
miles OF the road. ted commencing at Cairo tsid
amount 10 be paid pro rata as the AMOUNT done is
Ia proportion To the whole work 10 be done on the
road bed 10 said Alexander comfy, said amo mt
to he aseer,sned by survey and an es'inate Of
the cost Of the whole work IN said county"
Provided, that interest shall not begin to nun
upon any Of the said bonds until tie COMPANY
shall have become entitled 20 receive the said
bonds and provided further that In 20 case shall
there be issued TO said railroad company a greater
amount In the bonds " the eitv than ffty per
eentum OF the cost IA eash Of any We miles Of
Of taid road bed, ~, sho~n by the certified
until said railroad shalt have been compieted
and that any surplus Of said bonds not deiyared
under this provision shall te delivered % the
srid railroad company when the track thereof IL
completed and the cars run thereon from csiro
Approved July and, lsTi. .
JOHN " LASsIEN, Mayor.
Attest N. J. HOWLEf. City Clerk.