Holmes County Republican. [volume] (Millersburg, Holmes Co., O. [Ohio]) 1870-1895, 1872-05-16
HoLIMRs GouNr.Y, O., THURSDAY MAY l6, 1872

sioners, or the person designated in
their written order, bonds to an amount
not exceeding eighty-fiye per cent OF
the amount of said order. The treas
urer of state shall at all times retain
fifteen per cent of said orders, until the
final completion of the road, and the
certificate of the chief engineer and
commissioners is presented, certifying
that fact. The treasurer shall endorse
upon each of said bonds the date OF
such delivery, and to whom the same
were delivered, and shall notify the
auditor OF the county issuing the same
of the date OF such delivery. And in
case any bond so delivered to said treas
urer by any county shall not, within
three years from the time when the
same was received by him, be demand
ed in compliance with the terms of this
act, the same shall be cancelled by said
treasurer and returned to the auditor OF
the county Issuing the same.
SEC. 6. In case any county shall avail
itself of the benefit of this act by the
Issue of bonds or other evidence of in
debtedness as by this act provided, such
county shall each year, by its proper
authorities, after receiving the notice,
as herein provided, from the State
Treasurer, of the delivery of its bonds,
SO long as such bonds or other eviden-
ces of debt remain unpaid, levy, assess
and collect upon the taxable property
of such county n sufficient sum of
money to pay all bonds or interest
thereon, as either the bonds or interest
upon the same shall become due. And
the full faith and credit of any county
so issuing any such bonds or other ev-
licences Of debt, is hereby pledged for
the full payment of both the principal
and interest thereon, and the same are
hereby made legal and valid charge
upon the taxable property of the coun-
ty issuing the same.
SEC. 7. If two-thirds of the votes
cast at such election shall be in favor of
constructing said Road, the county
commissioners shall, within thirty days,
proceed to advertise for not less than
thirty days nor more than sixty days,
in one or more newspapers, of general
circulation in said county, that propo-
sails will be received for the construc-
ton of said Road, according to the
terms of this act; and they shall enter
into contract with the lowest response
BILE bidder for the whole of said Road,
or with the party that will agree to
build the greater number of miles of
Road for the sum appropriated, upon
bonds being given to the county with
security, to be approved by said COM
missioners, that said Road shall be con-
structed according to said contract.
Sec. s. Whenever in the construction
of railway under the provisions of
this act, as herein provided, it shall be
necessary TO appropriate land for the
foundation Of the abutments or piers of
any bridge across any stream within
this state, or for any other purpose, or
to appropriate any rights or franchises,
proceedings shall be commenced Dy
said county commissioners, and con-
Quoted in accordance with the act en-
Titled ''An act to provide for the COM
pensation to the owners of private
property appropriated for the use of
corporations, passed April 9TH, 1852,
and the acts supplementary thereto, ex-
cept that the. verdict OF the jury and
the judgment of the court shall be SO
varied as to suit the case.
SEC. 9. The county commissioners
shall have the right to receive donations
in lands or money, bonds and other
personal property, and dispose of the
same in aid of said road, and to ac-
quire, hold, fand.possess all the neces-
sary real and personal property and
franchises in this State.
SEC. 10. Said county commissioners
shall have the power and are hereby
authorized to lease said road, con-
structed under the provisions of this
act, before or after its completion, for
term of years, with the full power to
use and operate the same, to such per-
son or company as will furnish securi-
ty approved by said commissioners, or
to sell the same for such compensation
and upon such terms as may be agreed
upon by said commissioners and leesee
or purchaser: Provided, that no such
contract of lease or sale shall be valid
until the same is ratified by a majority
of the electors of such county voting
at an election called for that purpose.
Sec. IL. Said county commissioners
shall have power to take such security
from any officer, agent or contractor
chosen, appointed or employed by them,
as they shall deem advisable. They
shall not become surety for any such
officer, agent or contractor, or be inter-
ested directly or indirectly in any con-
tract covering said railway. They shall
be responsible only for their own acts.
SEC. II. The provisions of this act
are hereby so extended as to authorize
cities, incorporated villages and town
ships to vote for the construction of a
railroad, and to borrow fund there
for, to the extent, in the manner, and
subject to the conditions and provisions
of this act in relation to counties; and
it shall be the duty of the trustees of
any township or incorporated village,
and the Mayor of any city or incorpor-
ated village, to call a meeting of the
electors of such township, village or
city, as provided in section two of this
act for counties. The bonds contempla-
ted in this act, if issued by city or in
village, shall be executed
by the mayor and clerk or recorder
thereof, as the ease may be; and if is
sued by township they shall be exc
cuted by the trustees and clerk thereof;
and if any city, incorporated village,
or township issuing such bonds, shall
have a seal, the same shall be impressed
upon each of said bonds as provided for