The Emporia news. [volume] (Emporia, Kan.) 1859-1881, 1873-02-28

Shall the Board Of County Commission
ers Of Lyon County, State of II ansas, sub
scribe for and take the stock OF the Kan
sas CITY, Emporia & Walnut Valley Rail
Road Company, to the amount of One
Hundred Thousand Dollars, and, in pay
ment thereof, issue to said Company One
Hundred Thousand Dollars of the bonds
OF said Lyon county, at par, payable in
the city of New York, at such place as
said company may direct, thirty years
after the date thereof, and bearing inter-
est at the rate of seven per cent. per an
mum, payable semi-annually, which bonds
when voted by the people of said county,
and Immediately thereafter, shall be duly
issued and executed, with coupons at
tachsd, aud deposited in escr0uc with the
Treasurer of State, as provided by law.
When the conditions herein mentioned
relating to said bonds shall have been
fully complied with, the county commi-.
sioners of the said county of Lyon shall
issue their order on the State Treasurer
to deliver said bonds to the said railroad
company; but before delivering the same
the State Treasurer shall cancel all inter-
est coupons which may have become due
between the date of issuing and the date
of delivering said bonds as aforesaid. And
in addition to said bonds, the county COM
missioners shall transfer to the said COM
pany Two Hundred Thousand Dollars
at par value, of the stock now held by
the said county of Lyon In either the
Union Pacific, Southern branch, now
Missouri, Kansas & Texas Railway Com
pany,) or Two Hundred Thousand Dol
lars, at par value, of the stock now held
by the said Lyon county in the AtchisOn,
Topeka Il Santa Fe Railroad Company, as
the county commissioners OF said county
OF Lyon shall determine. Said subscrip-
ton, and the delivery of said bonds, and
the transfer OF said stock, to be made to
the said Kansas City, Emporia & Walnut
Valley Railroad Company or their assigns,
an n nRf n ha hnr no. etc
ted:
Condition 1st. The bonds aforesaid shall
not be delivered to said company until
each and every one OF the conditions here
in mentioned and relating thereto shall
piled with.
I'd. The said Kansas City, Emporia q
Walnut Valley railroad company. or their
assigns. shall build and fully complete q
railroad from point at or near the city
Of Ottawa In the State Of Kansas, to the
city OF Emporia, In said State. Said rail-
roa d to be Of usual gage and TO average in
construction with the railroads now ope-
rated in this State.
Sd. Said railroad must be separate and
independent line, so far MS to be discon-
nected with any other railroad bed the
entile distance between the initial point
at or near the said city Of Ottawa and the
said city Of Emporia.
18th. That work on SAID railroad shall be
commenced within six months from the
date OF depositing said bonds with the
State Treasurer, and prosecuted uninter-
ruPtedly until said road shall be compile
ted, and the said road shall be completed
wit hin eighteen months after the date of
| Its commencement, and through trains be
operated thereon to the city Of EmpoFia.
9th. Said railroad company or their as
| signs shall construct their road within
three-fourths Of n mile Of the town of Ne
osho Rapids, in said county OF Lyon, and
| shall construct and maintain within the
| said distance Of sal / town, q freight and
passenger depot, and shall continue the
| construction Of their said rood on the
north side Of the Neosho river, as nearly
rs practicable on the line recently sur
| veyed by X. V. Austin, to the city of EN-
poria, establishing and maintaining a de-
| pot at or near the mouth of Badger creek,
| on the north side of the NeoshO river, in
| said county of Lyon, and a depot at the
said citv of Emporia.
SIh. After the said Kansas City, Empo-
ria 4 Walnut Valley railroad company
| or their assigns, shall have completed theiI
road to Emporia, and shall have complied
with each and all of the foregoing coHdi
lions and stipulations, and shall have de
| livered to the county commissioners OF the
said county Of Lyon One Hundred Thous
| and Dollars of full paid stock In sale
road. they shall be entitled to the above
mentioned bonds of said county.
It'll. The said Kansas City, Emporia 4
| Walnut Valley railroad company, or thetl
assigns, for and in consideration of the
stock TO the amount aforesaid, shall with
in one year from the date of the compile
ton of sal road TO Emporia, locate per
manentlv the general offices of the com
pany at the said city, and within the sam
time shall locate permanently and con
struct the repair and machine shops o
their entire line of road, at or within
three-fOurths of q mile of the said city Q
EmpOria, and for the faithful carrying on
| Of this stipulation the said Kansas City
Emporia & Walnut Valley railroad com
| pany, OF their assigns, are held response
| BILE In damages to said Lyon county, owe
and above the consideration OF the stoc
TO be transferred as above mentioned; an
after said general offices shall be so locate
and the repair and machine shops so locs
ted and constructed, and when said con
pany or their assigns shall file good an
sufficient bond with the county commits
sioners of said Lyon county, conditions
that said offices and shops shall forevC
remain at said city OF Emporia, then sal
: comfy commissioners shall transfer th
stock now held by the said county
Lyon, as above mention ed, to said Kans;
City, Emporia 4 Walnut Valley railrOa
company, or their assigns.
At the conclusion of the diseussio
2 on the proposition, the railroad com
|, mittee of the Board of Trade was il
, strueted 20 prepare and circulate tt
t necessary petition asking the commits
s sIoners to submit the question of vo
I ing bonds to a vote of the people
: the county.
r Col. Plumb moved that this commi
tee, at the same time, be instructed
v circulate a petition asking the submit
It sion of the question of voting bon,
Il at the same election, to the amount
9 $50, 900, for a road through the mort
" crn part of the county via America
-e This motion was adopted.
lie On motion the meeting adjourne
Is SEND DELEGETEs.-Weh have in Ii
it county the Agricultural and Mechar
er cal Association, the Lyon county Ho
70 ticultural Society, the Fremont Fa