The Dallas weekly herald. [volume] (Dallas, Tex.) 1873-1885, 1876-10-07
Carry the News TO Padjeck-Mork 10
Commence Forthwith and Vigorously
Prosecu ed to Terminus Two
Hundred Miles Northwest
wardly

verblage Is IN substance as follows:
Anson b. Moore and Malcolm Hend
erson agree TO locate, construct, com
piete, equip, maintain and operate tn,
Dallas Il Wichita railroad from Tia,
city of Dallas 10 the northwestern
terminus of said road. likewise al
branches. side-tracks, telegraph lines
station houses, depots, shops ant
buildings in a substantial and work
manlike manner and TO the entire sat
isfactioh and acceptance of the chic
engineer of the road. The work Is Il
commence forthwith and be prescott
ed to the completion of the different
portions of the work within the follow.
ing specitisd times, to-wit:
First-The first ten miles of said
road to be graded and ironed on or be.
fore the first day of December, 1876.
Second-The iron to be laii to the
Dsilas and Denton county line tseven.
teen miles more or isss) on or before
the 18th of December. 1876
Third-Twenty miles Of said road to
be graded, ifoned and in running order
on or before the first day of February
| next ensuing.
Fourth-The next succeeding twenty
miles, either the main line or branches,
to be completed ON or before the first
day of April, 1877.
Fiith--Ths balance of the line north
westwardiy and branches, aud lines oi
telegraph, to be completed within the
time provided by law and specified in
the charter of the Dallas and Wichita
Railroad Company.
Messrs. Moore l. Henderson also
agree to equip the road and its
branches rs soon as completed with
suc3 rolling stock, machinery, ma
chine shops, depots, etc, ~ shall be
| needed.
In consideration OF this sork done
and material furnished, the railway
company deliver to Messr.. Moore 4
Henderson preferred stock at the rate
of sll 600 per nile constructed and put
III running order. aud Si0, 600 per mile
in ordinary stock for every mile OF
main line or branches built. These
certif Gates of stock, amounting in the
aggregate to $500 shares or $50, 900,
are to be issued 10 said Moore & Hem
derson forthwith, and placed in the
hauds of w. II. CASTOR, Of Dallas, "
/ Thomas Allen, OF iile city of 81. Louis,
as trustees. To be held in trust uy them
/ for the nse of the parties interested,
aud delivered as the road is completed
IN sections of ten and twenty miles.
| The company also issue to Messrs.
Moore & Henderson its first mort
gage coupon bonds oD the first fifty
miles of the road at the rate of ten
thousand dollars per mile, payable
twenty years after date, interest seven
per cent. These bonds, as soon as is
sued, are 10 be placed in the hands OF
either of the trustees heretofore
named. TO be delivered as subdivisions
| Of ten miles of said road are completed.
The company also place in the b, nds
of the trustee fifty thousand dollars In
bonds of the city OF Dallas for the
use of Messrs. Moore 4 Henderson.
All subscriptions in aid of the con-
struction Of said ruad. whether in
cash, lands, notes, OK other things of
value. as we'll as deeds or contracts
for depot grounds, right of way, etc, !,
also ali subsidies from the State of
Texas, go to Messrs. Moore Il Hender-
son.
1t is also agreed that the contractors,
Messrs. NJ. 4 H., shall have the right
of locating the road. always comply-
ing, however. with the provisions OF
the chatter
| Ii Is further agreed that the gauge
of said road may be four feet and eight
aud one-half inches, or three feet as
provided in the charter and amend.
ments, provided the broad gauge y,ss,
be continued to the town Of Denton,
| Denton county.
| The contractors are to have the ap-
pointment Of all employees. officers
elc., and have entire control over the
running aud management of said
road.
The contract between the company
ahd Messrs. Moore l. Henderson, is
made subject to the following -pecified
| indebtedness or claims agsinst the
road prorided tse same are just and
eq.ttnhe, and the company has ,ecsip.
Ell a cofsiderotio. therefor, to-wit:
A mortgage claim of A. Calder, 70,
sO,0O0; mortgage claim OF Mccoy 4
Mccoy. for $3.50; mortgage claim o,
Hartweli, for sss5; mortgage claim ol
Hammosd, for s752 the Rosser tis
coutrset snd . note for sI03l %, given
10 w. J. Clark. for supplies furnished
on said tie contract, IL assumed by ths
soasrsetsrs. With . stipulation upou
the part OF the conpany that thsrs are
no other or farther uusasisils.l claim,
/ Against the Dallas ssd Wichita Rail.
way Company
| The company agree 10 faruish the
Ftght-of-way In the city and cpuntv a,
Dallas to the contractoss, ~ iucluds
not ouly the rosd- bed but the sfound,
for depot puFposee heretofore obtainec
from @. W. Ewine, ana that portion
tef . hleck owned By Mn. coekrell and
h. 8. Kimbali. being about one-sourti,
Of the hlock- .ets4sf
- -s--x-. 49, q - :. -. lsss.s.