Grant County herald. [volume] (Lancaster, Wis.) 1850-1968, 1876-05-25
RAILROAD ELECTION.
Notice of Special Election to be Held
in the Town of Ellenboro, Grant Co., Wis.

Whereas, The Grant County Railway Conn
| pany has deposited in my Office the PROPOSE
| ton which is hereinafter set forth for the
building of a railroad from the village of
Plattevlle, in Grant County, Wisconsin,
| through the village Ellenboro to the yii>
| lage of Lancaster, in said County, and
asks aid from the town of Ellenboro in con-
structing said road; therefore, under the di>
| rection of the Board of Supervisors of said
town of Ellenboro hereby notify the legal
voters thereof that special election will be
held on the Goth day of June, 1876, at the
Town House, in village Ellenboro in said town
Of Ellenboro, the usual place of holding elec-
| ITEMS in said town, at which time and place
the legal voters of said town will determine
by their votes whether they will accept such
proposition or not, and that such election will
be held and conducted in the same manner
| as general elections are required by law to be
held ana conducted.
And further notify the legal voters of said
| town who favor the granting such aid to de-
post In the ballot box at said election, ball
lot upon which shall be written or printed the
the words for tie railroad proposition and
those who are opposed to granting such aid,
to deposit ballot in said box upon which
shall be written or printed the words against
tte railroad proposition"
The proposition made by the said Grant
County Railroad Company TO the said town
of Ellenboro, is substantially as follows;
Whereas the Grant County Railway Company is
about 60 construct railroad from the village of
| through the village of ElIenboro to the viii
lage OF Lancaster: in said County and desires aid
from the town Of Ellenboro In said County, in the
struction of said railroad, the said Grant County
Railway Company makes the said town of Ellenboro
the following proposition:
phna u .slxr.-
the said town In a sum not 70 exceed two and one
half per cent. of the assessed valuation of ali proper
OF s52O557."
" No interest shall accrue on the bonds given by
said town OF Ellenboro until the said Railway Com
pany shall have entered into a contract or contracts
with some person or corporation for the constfuc
tion OF said road or part thereof for labor
materials for the same and expended money thereon
to the amount of, at least. five thousand dollars.
"sald bonds shall be payable at the expiration of
ten years from the date OF such contract and inter-
ess thereon at the rate often cent shall be paid
annually TO the holders OF such bonds respectively;
and the town, at its option may pay the said bonds
| or any part thereof be fore they become due The
date when the interest on each bond shall begin to
accrue and from which the ten years begin to
shall be inserted in each of said bonds the proper
date thereof by the Board of Supervisors of the said
town of Elenboro. The said bonds not to be de-
ivered to said company until it shall have complet
ed the said road from the village OF Platteville to
depot or point not more than quarter of mile dis
tant from the Court House in Lancaster ready for
the passage of cars and then all Of said bonds shall
| be delivered to said company.
"The Railway Company further proposes, and
agrees to issue, such number of shares in its CAPT
| tai stock as will, at the par value of such stock,
equal the principal sum of such bonds and the
tihcates OF stock shall be placed in the custody of
George Ryland, Esq, Banker in the village of
Lancaster, o. with such other trustee the said
company and town of Ellenboro may from time to
| time agree upon, and the bonds issued by the
! town shall be held and kept by such trustee; and
when all any of said bonds delivered to said
company. an equal nominal amount of stock shall be
| delivered to said town of Ellenboro.
"But if the said company delers the commence
ment of work said road for much as q year from
the time OF the vote on this proposition the tru
| shall on demand deliver up the said bonds to the
authorities OF said town to be Cancelled and the said
certificates OF stock shall be null and void. And the
| Directors OF said company further agree and bind
themselves and their company not to charge higher
for fare or freight than is may be fixed by the
laws of this State in reference to roads of a class
| similar to that to be built by the said company
This proposition signed by the President and Sec
rotary of said Company and sealed with its seal.
| Dated Nay 10, 1876. HUGH A. MOORE, IL 81
President of Grant Co. Railway Co.
JOHN G. CLARK, IL 81
Secretary of Grant Co. RailwayCo.
Witness my hand, Elenboro, Grant County,
| Wis, May IL, 1876. JAMES q. ORION.
| Town Clerk of said Town of Ellenboro.