Bozeman avant courier. [volume] (Bozeman, Mont.) 1872-1882, 1873-05-16

s9--S eses p0it tile l&AdUlc pFOD
eftY Of any such county, and the said CON.
missioncrs shall then at the expense Of thci
counties cause 70 be issued and delivered
the cOnpon bonds aforesaid, coui,tcrsignct
hy the county clerk, expressing ther> on the
terms aud conditions herein provided; which
bonds shall be numbered and registered in s
book for tllat purpose, which shall at al
times be open to the iisrection Of tho public
Sec. 3. At tue time eff the delivery OF the
bonds as herein provided. said company shall
issue to saM Commissioners, for the benefit
OF such county, it ccrtificaicslf, the capital
stock Of said coialmllyf. iii shares to the
amonnt of such bonds so delivered. WHICH
ccrt fieatcs shall pot be taxable willie held OF
owned by said county; but which shall en-
title slid Commissioners to voice and vote
| N said company according to tile amount of
stock so subscribed the same as other stock
holders in said company. which certificates
shall be cicgistercd and numbered in book
kept for that purpose. and at all times be
subject to the inspection Of any citiztn OF
I is Territory.
SEC. 4. Ffe commissioners OF ary such
| county receiving such certificates of stock
may at any subsequent annual election SUBJ
NIT TO the electors thereof the proposition to
sell such certificates at ublic sale, and ii a
majority shall favor such sase, then said
Commissioners shall advertise the same for
sale in the manner prescribed tor the sale of
real es'ate by sheriffs upon execution, and
apply the proc, els thereof to the pay ment of
said s, description to said stock. or otherwise
as may be provided by law; aud full record
of all heirprocccGings shall be kept for ile
inspection the public generally.
Sec. 5. The notice herein provided for
elections shall be gwen by publication in one
or m re newspapers published within such
county at least thirty days before such elcc-
ton !; or il no newspaper be published there
III, the same shall bn published for the same
length OF time in one or more newspapers
published In the Territory most likely to give
general notice Of the same.
Sec. 6. There shall be separate. ballot
box and s"paratc poll books for receiving
and en- ering such votes at the election herein
provided for the ballots OF votes shall con-
tain the words. '.Isailroad Subscription
les" "r Railroad Subscription-No,'' and
The same rules, regulat .ols, liabilities and
penalties prescribed for th conduct of other
elections, and liability of officers thereof. al d
electors within this Territory. shall he OBJ
served and enforced at all elections herein
provided for; and the judges at such elec-
tions shall truly certify and forward the
result of such election together with said
poll books and ballots so cast, to the board
Vi county Commissioners at the county seat
of said County, within twenty-four hours
after the same shall have been connred and
certified; and upon failure so TO do shall Be |
deemed guilty of nlisd-nteanor, and upon
tl'eroof shalI forfeit and pay fine
not exceeding ten thousand dollars, and bp
imprisoned in the county Jail not exceeding
'ix IN tnths
Sec. z. That the Commissioners OF any |
nch county so subscribing to the capital |
tock Ct any such company. shall in their
discretion from time to time levy a special
ak, in e e same manner as other taxes are
low levied, sufficient in amount to pa; the
nnual interest that may fion time TO time
ccrue upon the bonds so issued, as also to
'rovide for the final payment of said bonds.
Sec. 8. Provided that if any one of tie
everal counties of Lewis and Clarke, Meagher
,allatin, Jefferson, Madison, shall fail to
ubscribe TO said stock as herein provided,
hen the county commissioners of the other
ounties SO subscribing shall not enter into
nd contract without the same shall again be
lbmitted to the electors OF their county,
nd approved by said electors, which shall be ;
submitted in the fsanner hereinbefore pro-
led to such counties so subscribing within
le next forty days thereafter; and if appoyed
ZEN the contract aforesaid shall be executed, | {
I'd the provisions and objects of this act .
lrfied.ott accordingly. t
Sec. g. That the property of said railroad 2
,mpany within any county in this Terri q
ry shall be liable to an advalarem tax,
neither special or general, and as well tor the TO
lrposes OF paying the interest and principal il
Jon the bonds herein named as for other Il
lrposes, the same as other property in this |:
erritory and in said counties as is now or b
ay hereafter be taxed but the same shall Il
institute a special fund. and no part thereof
all by virtue of any law heretofore passed Il
paid into the Territorial treasury; but the 81
tire sum thereof collected in each of .the.i k
veral counties aforesaid shall belong to st
CHI county and be paid into its treasury,
d shall in no event be taken from such I'll
uaty. N
Sec. 10. For the purpose of carrying out
] objects OF this act, 1t s hall he the duty of G.
. county commissioners OF the respective r
anties OF Madsens Gallafin, jefferson, I
.agher, and Lewis and Clarke, or some til
E or more ofsfiicir number from each St
p,ty, especially deputcu for that purpose. m
convene at, ircounty, Montana
rritory, on the 10th day of June, 1873. for pa
purpose of entertaining any and all ge
,Dositions OF companies made for the con- Gt
action Of said roal In accordance with the
visions or this act, and submit the prop
lion OF some company in their judgment
st likely to comply with the terms and s,
,di,fons of said contract. each county Ito
II have three votcs. and a majority thereof
ii determine the same and submit the se'
nosition Of the company selected. taf
e. ii. Provided. that any county here tht
named. through which or into which said rer
nnanv shall not construct its railroad, -,
H not be liable to pay anything under the ~
visions OF this act. and any contract err No
q intn nv the said commissioners on The OLD