Orleans County monitor. [volume] (Barton, Vt.) 1872-1953, 1873-01-06
An act to enable towns and cities to aid
in the construction of railroads.

An act to enable towns and cities to aid
in the construction of railroads.
SEC. l. Any town or city In this state
may aid in the construction of any rail
road organized under the provisions of
an act entitled ''An act to authorize the
formation of railroad corporations and to
regulate the same" approved Nov. 20,
1870, by issuing bonds to aid such rail-
road, by taking capital stock therein, or
in such other manner as such town or
city shall direct provided, that no town
or city shall assume liabilities for any
such road exceeding eight times the grand
list of such town or city at the time such
aid is granted.
SEC. 2. Such aid shall be given in
the following manner:
The selectmen of any town, and the
mayor of any city, on the application OF
ten or more legal voters of said town or
city, shall within ten days after the re-
ceipt of said application, warn meeting
of the legal voters Of such town or city,
to be held at the usual places of hold
ing town or city meetings in such town
or city, which notice shall specify the
time and place of the meeting, which
shall not be more than twenty nor less
than twelve days from the time of post
ing SAID notice; and the warning shall
be sufficient if it states the business to
be done at said meeting is to aid in the
construction of the railroad so organized,
the name of which railroad shall be stat
ed in such warning; and if a majority OF
the votes given at said meeting shall be
+. to aid said road, then the town or city
I shall fix the amount of aid to be given,
S and the terms thereof, and may appoint
= three commissioners who shall be resi-.
dent taxpayers of the town or city, and
G If no commissioners be appointed, the Sc
h lect men of such town anu aldermen o.
o such city shall act as commissioners un
e til commissioners shall be appointed by
n said town OF city. Said commissioners
IL selectmen or aldermen shall be duly
y sworn, and shall as soon as may be pre-
: pare suitable books in which said vote
l. shall be set forth, in which the tax pay
D. ers of said town or city may sign thel
* names, asserting to said vote, and tn
G. grand list of each person signing said as
i, sent shall be annexed to his name; an
ID when majority of the tax payers of sal
D. town or city, both in amount and mum
tie Der of grand list, shall have signed tn
ce same, the same shall be binding o
u the town and city; provided the sigma
n lures are procured within one year afte
to the first signature to the paper is made
at and all persons and corporations lab
Ill to pay taxes, and all persons who sha
nd be owners of real estate taxed at I'll
IS time the assent was given, shall have
ne right to assent to said vote.
10 SEC. 3. The said vote and assen
IS when so signed as aforesaid, shall be d
Ire ly certified by the commissioners, selec
be men or aldermen, and recorded by IL
On town or city clerk in the town or ci
clerks office, at length in the records
IN said town or city, and duly certifi
IS, copy of the vote of the town or city, al
I'LL the certificate of the commissioners, s
On lectmen or aldermen to the same, til
nd the act has been complied with by a m
'ad jority of the tax payers, both in numb
It's, and amount, who have duly signed t
en- same, with the certificate of the town
of city clerk that the same has been du
or recorded in his office, shall be record
be in the office of the Secretary of Sta
all and certified copies from either off
lch shall be full proof in any court that
&C. law has been complied with.
f;- SEC 4. Said town or city may ISIS
'or- bonds, with coupons payable semi-anr
of ally, at any rate of interest not exec
the ing seven per cent, for the purpose
md aiding such road
Gln- SEC. 5. The commissioners, selectn
5 to or aldermen aforesaid, as soon as the
IN sent is given and recorded as aforesa
AN. shall proceed to carry into effect the V
tied of said town or city, according to
lty- terms and conditions thereof, and ST
ZEN have power to vote and act for said to
APP or city on all proper occasions, to ca
ap- into effect the votes aforesaid and tt
vid- votes and acts shall be binding on S
anne town or city.
IAN Aaorouod Nouonohar 0e 1870