The Manitowoc pilot. [volume] (Manitowoc, Wis.) 1859-1932, 1872-05-23
Election Notice

Notice is hereby gwen that an election
viii be held in each of the several wards of
the City Of NAnitowoc, on the 9TH day of
June next ensuing, for the purpose of decid-
ing whether the City of Manitowoc will sub
scribe for seven hundred and fifty shar,s
(of one hun ared dollars each) of the capital
stock Of the Milwaukee, Manitowoc & Green
Bay Railroad Company, to be paid for in the
manner and upon the con iiti IS named in
the written proposition of the President and
Secretary of said Company, to the authorities
OF the City OF Manitowoc, and nO~ on file in
the Office Of the City Clerk, and of which the
following is copy:
orF1G. OF II. MnwAUKEE MAsrrowocl
., HANITowoc. Vie. May Is, is7s
Inc milwaukee, Manitowoc Green Bay Rail
road Company, under the hands and signature of
its President and Secretary. and the corporate seal
OF Tie company. herebv certifes that the rou,e of
its railroad has been located tnrouca the city Of
Manitowoc, in the courtv of Mani owoc State OF
wisconsin. aud that the same now is in process OF
coDst uctOn.
The company now proposes to, and requests the
city OF Manitowoc to suo-cribe Tor and axe seven
each (oeing seventy five thousand dollars in the
gregate) OF the capital stock of said COMPANY and
10 secure payment and par therefor In the manner
and on the conditions and terms hereinafter stated:
First--The terms OF TINS proposition bang
agreed to by toe proper authorities to wit: the
Common Council of the City OIL Mantle the
. vote OF the legal electors OF tie city OF Aanlto-
voc. in the manner prescri ,ed in ami by tae act
Manitowoc and Green Bav Railroad Company"
approved March 10. A. d. 1870, AMI the Charter Of
the city o. ManitoWoc
SecOnd--lf a majority OF the legal voters voting
that subject st such election. shall vote in ayor
OF sucn proposition, then toe Mayer and Clerk of
the city of N anitos oc, without aelay. for in
behalf OF said city, Snail subscribe for aud take
seven hundred and Il ty shares of tine capital stock
of this company, of one hundred dollars each tbe-
ing seventy five thousand dollars in the aggr egate)
and to secure payment and to pay for said stuck SO
subscribed, at par, Dy the bonds of said cIty, and
for that purpose tnev shall Gully execute proper
for in the name of said city, under It's corporate
SEAL anC the hand and signature of the SAID Mayor,
and du { Undersigned by sail Clerk o'.said ely.
seveDtyfve bonds OF said city for thousand
dollars each, intended to pass as commercial paoer.
aa,ed November 1T. A D, one thousand eight
hundred and seventy Two QS12,, and bearing inter
est at the rae OF seven per cent per AMMAN. pavo-
Bile annually from and alter the date thereof. with
suitable coupons or interest warrants attac ed
tue SAID bonds TO De payable TO bearer the offce
OF the Union Trust Company. in the CITY of New
York, on the first day OF November, A ID. one
thousand eight hundred and ninety two
And the said bonds shall be Immediately per-
fected and delivered by said officers to the Presi-
dent o. the Union Trust Company of the city of
New York. in trust, to be delivered to said rail-
road company as herein tier directed, TO VII:
Ii the railroad company shall have constructed
or II actual operation, continuous line OF rail
road between the cities of Manitowoc anu Mwl
kee or roint OF junction at or near Milwaukee,
before the fl st day OF January. A. ID 1874, and the
company snail have given, after such completion,
twenty DAYS written notice to tie ylerk OF TIE city
oil Manltowoc OF the completion # the road atore-
said. it shall be the cut. of the trustee with whom
said bonds are deposited aforesaid, to deliver
said bonds to the President OF the company. to
such other person tnc Board OF lrectors OF said
company SHALL authorize to receive the same.
II the railroad OF said coInpan. shall not be &C
tually completed and IT. operation between Mil
waukee or point OF junction aforesaid 1T
Milwaukee and the city OF Nanto~ o.. De-
fore the first dav of January. A u. 1874, the trus
tees snail not deliver said bonds TO the said rail-
road company, its assigns. but shall return them
to the CITY OF Mahtowoc upon demand, in which
case the Inscription for stock shall be voit. and
the certificates there or shall be delivered up to tie
railroad company by the trustee
Upon the execution and delivery of said bonds
to such trustee aforesaid the said Nil yankee.
MaDitowOc and Green Bay Railroad C0IapanS snail
immediately make and deliver TO the same trustee
full paid certificates OF stock OF this comndn, or
the full amount bv or in benalf of said city sub
scrib I'd, and whenever said trustee shall delive'
laid bonds to said COMPANY. he shaI on demand,
deliver 10 tie Treasurer. or otner authorized agent
OF said city OF ManltoV for tue OF said ctl
SAID full paid certificates OF stock.
While such stock is III Il e lands of trustee.
u siaI not ehtit'e any one TO vote upo" t,e sane
At any meeting OF the companv un'ii such stocN
shall have been dulv deverrt! Dy said trustee ulon
the order of the proper city authorities in conior
il thereto
In witness whereof the Milwaukee, Nanitowoc
and Green Bry Railroad Com oin5 a:s cause :
these presents 10 be subscribed AID ccrtfie;!
to by it Pieslfe nt and Secretary. and It's cor
lsEAL lporae seal 10 be affixed thereto. the Cit
of NaEitowoc tins u h d. OF Nav. 1872.
t,gned jos. Villas,
President of the ~, ". x q. p Il r. Co.
CHaS. Ii LING.
Secretar, ~. VI & g b. i. r. Co
The form of the ballots TO be used or cast ut
said election shall be = For the Il. ilroad
aid or, against the Railroad ia =
The polls Of said election will be open
from 9 O'Clock in the forenoon to y o clock
noon, and clock to 0 clock III the after
noon. The same persons who are by law re-
qured to act AS inspectors AMI Jerks Of
elections for City officers, shall act as ia
spectors and clerks at this election.
The ballots voted at this election shall he
canvasscd, certifier: and returned as the bal
lots for City and ward officers are couvussei
and eturned.
The places for holding the election viii be
as follows:
Ist Ward al the Council Room.
81 Ward at the Office of BENZ. Jones
Sd Ward at the house Of \ llutchings.
4th Ward at the Office of Edward Conway.
Dated at the Office of IN City Clerk, Mali
towoc Wis, May 18th, 1872.
42-3w JOS. RANKIN, City Clerk