Grant County herald. [volume] (Lancaster, Wis.) 1850-1968, 1873-06-19
SPECIAL TOWN ELECTION.

The Chicago and Tomah Railroad company, reserv-
ing the right to build railroad of three feet gauge
submits TO the tow of Lancaster, Grant County,
wisconsin the following proposition: That said town
of aid in the construction of said Railroad
by subscribing for Atty thousand dollars Of the capital
stock Of said Railroad Company, payment to be made
follows; One hundred dollars in money when this
agreement is mutually arrived at between said Town
and said Railroad Company, and three hundred dol
lars when a careful preliminary survey has been com
pleted from Madison or Uhlcag0 10 the village OF
Lancaster, said payment e be in money, and nine
thousand six hundred dollars 10 be paid in money
when said railroad company has completed its road
consecntivey ready for the passage of from the
city of Madison, Wisconsin, to within half mile Of
the court house il the town of Lancaster. The
mander to be paid in bonds OF the said town of Ian
and be delivered to the said railroad company
and begin to interest when said railroad il
completed ready for the passage OF cars without
change Of gauge from the city OF Chicago, Illinois, 10
within half mile of the Court house in the town
OF Lancaster and draw interest at per cent
per annum, and be payable principal and interest at
the banking house OF Ryland and Holloway, in the
village Of Lancaster. Ihe bonds shall be payable in
iustallments of ten thousand dollars each the first
when said railroad has been completed as aforesaid
from Chicago to within one half mile of the Court
house in Lancaster; the eOnd nstallment year
after the payment Of the first instament; the third
installment two years thereafter, and the fourth in
stallment three years thereafter, provided that at
least ono year shall elapse between the last payment
in money aforeeaid and the first payment of bonds
aforesaid the depot 20 be established within half
mile the Court house in Lancaster The said bonds
of the town of Lancaster shall be placed in scrow
IS said Chicago aud Tomah Railroad company before
the completion of said railroad aforesaid and in such
case the banking company Of Ryiand ani Holloway, of
Lancaster, IN the county OF Grant and state of Wis
consin shall be trustee In consideration OF said sub.
scription by said town Of Lancaster the said Chicago
and Tomah Railroad Company agrees to deliver 10 said
town of Lancaster hye hundred shares OF its capital
stock the certificates therefor representing in par val
ue fifty thousand dolaars said certificates Of stock to
lie delivered to said town of Lancaster in nstaments
nj the same time and in par value the same amounts
~ the payments made by said town to said Railroad
Company.
In case such bonds placed IN escrow then the
said Chicago and Tomah Railroad Company agrees at
the same to place in custody Of said trustee GER
tcates OF its capital stock in par value equal in
amount TO the value of the bonds Of said town placed
as aforesaid in the custody Of said trustee And IL
shall be the duty Of said trustee deliver said bonds
to the said Chicago and Tomah Railroad Company in
accordance with this agreement and deliver at the
same zine said town of Lancaster the said ertif-
Gates Of capital stock Of the Chicago and T9mah Rail
WIN d. CROoKE, Ssc'Y 9. Tomah r. X. Co.
Dated June 9, 1873.
1t is therefore by virtue and authority Of said Chan
ter 49, Of the General Laws of the State Of Wiscon
sin and as amended by Chapter 2s9 Of the General
Laws of 1873 hereby ordered aud determined that the
Town Clerk hereby directed to call special Election
by giving due notice thereof to the electors of the
Town to vote upon tho question Of granting such aid
and that such special election shall be called and held
at the Court House Saturday the 18th day Of July
1873 and that copy Of this orderand preamble shall
precede and accompany and be made part Of the no
ce of SUCH special election. Audit is further ordered
and determined that the form Of ballot be used at
such special election which may be either written or
printed partly written and partly printed
shall be- if in favor Of granting the aid proposed "For
the Railroad Proposition, and If against it gatnst
the Railroad Proposition and that said special cleo
ton shall be conducted in all respects In the same
manner as ordinary Town elections.
G. w. RYLAND, Ch'm'n.9
y. II. BONHAM
WIN. WALKER
Supervisors.
COUNTY OF GRANT,
Town Of Lancaster %
The electors Of the town Of Lancaster will hereby
take notice, that by virtue and authority Of Chapter
1872 Of the General Laws Of the State Of Wisconsin ap
proved March 18th, 1872, and amended by Chapter
s9 Of the Laws OF 1873 aud by order and recton Of