The Manitowoc tribune. [volume] (Manitowoc, Wis.) 1866-1878, 1872-06-06

be PAID Tor IN the manner, and upon the conditions
named in the written proposition of the President
and Secretary of said Company, the authorities
the CITY of ManltOwoc, and file in the office
of the City Clerk, and of which the following is a
copy:
OFFICE OF THE MINIATURES, MAN1rowoc AND(
GREEN BAY RAILROAD COMPANY. 7
MANITowoc, WIS, May 18TH 1872
The Milwaukee, Manitowoc and Green Bay Rail-
road Company under the hands and signature of its
President and Secretary and the corporate
Com pany, hereby certes that the route of its Rail-
road has been located through tho City of Manitowoe
in the County of Manitowoc State of Wisconsin, and
that the same now is in process of construction The
Company now proposes to and requests the City of
ManitowOc to subscribe for and take seven hundred
and fifty shares of hundred dollars each being
seventy five Thousand dollars in the aggregated
capital stock of said company; ard pa yment
and pay therefor i'll the and the conditions
and terms hereinafter stated.
LIST. The terms of this proposition being agreed to
by the proper authorities, to-wt The Common Coun-
Gil of the City of Manitowoc the question of granting
such aid shall be submitted to vote of the legal cleo
tors of the City of Mlnitowoc in the prescri-
ed 10y the act entitled IAN act to Incorporate the
milwaukee,, Manitowoc and Green Bay Railroad Com
pany, approved March 10th, A. d. 1870, and the
Charter of the City of Manitowoc.
2d. If majority of the legal voters voting that
subject at such election, shall in favor of such
proposition then the Mayor and Clerk of the City of
Manitowoc without delay, for and in behalf of said
city shall subscribe for and take hundred fifty
shares of the capital stock of said Company of
hundred dollars each, (being seventy-fve thousand
dollars in the aggregated and to payment and
to pay for said stock subscribed at par, by the
bonds of said city and for that purpose they shall
duly execute in proper FORM in the of said city
under its corporate SEAL and hand and signature of
the said Mayor and duly countersigned by said Clerk
of said city, seventy five bonds of said city for one
Thousand dollars each, intended to pass CONNER
cial paper dated November LIST, A. D., thousand
eight hundred and seventtwo QS72,) and bearing in
terest at the rate of seven per cent per annum pay
able annually from and after the date thereof with
suitable coupons or interest warrants attached; the
said bonds to be payable bearer the the
Union Trust Company in the city of New York the
first day of November, A, D. thousand eight hun
dred and nineytwo and the said bonds shall lie i'm
mediately perfected ana delivered by said officers
the President of the Union Trust Company of the City
of New York. in trust to he delivered TO said Railroad
Company as hereinafter directed, to-wit
If the Railroad Company shall have constructed or
in actual operation continuous line of Railroad be-
tween the cities of Manitowoc and Milwaukee
point of junction at Milwaukee with any
first day of Janeary A. d. 1874, and the Company
sha have given, after such com ileon, twenty days
written notice to the Clerk Of the City of Manowoc
of thecompletion of thu road aforesaid it shall be the
duty of the trustee with whom said bonds deposit
ted Aforesaid to deliver said bonds to the President
of said Company or to such other person the Board
of Directors of said Company shall authorize to
ceive the same.
If the Railroad of said Company shall not lie ac-
tualy completed and in operation between Milwaukee
and the City of Manitowoc, hefcra the first day
of January A. D. 1874, the trustee shall not deliver
said bonds to the SAID Railroad Company to its
signs, but shall return them tie the City of Maniowoc
demand in which the subscription for stock
shall be void and the certificates therefor shall be de-
ivered up to the Railroad Company by the trustee.
Upon the execution and Livery of said bonds
such trustee as aforesaid the SAID milwaukee,, Mani
towoc and Green Bay Railroad Company shall inn
medately make and deliver to the trustee full
paid certificates of stock of this company for the full
by in behalf of said City subscribed, and
whenever said trustee shall deliver said bonds said
Company he shall demand deliver to the Treasurer
or other authorized agent of said City of Mantowoc
for the use said city said full certificates of stock
While such stock is in the hands of such trustee, 1t
shall ente any to vote upon the same at any
meeting of the Company until such stock shall have
duly delivered by SAID trustee upon the order Of
the proper City authorities in conformity hereto.
In witness whereof the Milwaukee Manitowoc and
Green Bay Railroad COmpeny has caused these pres
ents be subscribed and certified to by its Pres-
dent and Secretary and its corporate seal to be af
fixed thereto, at this City Of Manitowoc this 18th
day of May 1872.
Signed, JOS. Villas,
.o Prst. of the NJ. u. Il G.. B. r. r. Co.
Ills CHAS. LULING.
l~} Eecy. VI. NJ. & g. B. r. f. Co.
The form of the ballots be used at said |
election shall be, For the Railroad ad' "a gainst
the Railroad aid
The polls of said election viii open from O'Clock
in the forenoon II o'clock noon, and from O'Clock
TO o'clock in the afternoon. The same persons who
by law required to act inspectors and clerks of
elections for City officers shall inspectors and
Jerks ar this election.
The ballots voted this election shall be canvassed
certified and returned the ballots for City ward
,ffcers are canyassed and returned
The places for holding the eiSction VIII be fol-
ows:
1st Ward-At the Council Room.
ID Ward-At the Office of Benz. Jones.
Sd Warsi-At the house of A HutcbinSs.
N Ward- he canfE1 xrarI fInrr