Grant County herald. [volume] (Lancaster, Wis.) 1850-1968, 1876-06-01
RAILROAD ELECTION.
Notice of Special Election to be Held
in the Town of Ellenboro, Grant Co., Wis.

Whereas, The Grant County Railway Cons
pany has deposited in my Office the PROPOSE
ton which is hereinafter set forth for the
building Of a railroad from the village of
Platteville, in Grant County, Wisconsin,
through the village Ellenboro to tie wis
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 a special election will be
held on the goth day of June, 1870, at the
Town House, in village Ellenboro in said town
Of Ellanboro, the usual place of holding cleo
| tiGns 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 eetions are required by law to be
held and 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 "tor The 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 "dg1inSt
tie railroad proposition"
The proposition made by the said Grant
County Railroad Company to the said town
of Ellenboro, is substantially as follows:
waereas the Grant County Railway Company is
about TO construct railroad from the village of
through the village of Ellenboro to the viii
lage Of Lancaster, in said County and desires aid
from the town Ellenboro, in said County, in the con-
struction of said railroad, the said Grant County
Railway Company makes to the said town of Elenboro
the following proposition:
The said Railway Company desires the bonds of
the said town in sum not to exceed two and
half per cent of the assessed valuation Of all proper
ty in said town for the year 1885, to wit i'll the
of s5205.5T."
d" No interest shall accrue on the bonds given by
sSid town OF Ellenboro until the said Railway Com
pauy shall have entered into contract or contracts
with some person or corporation TOR the censtruc-
ton ofsaid road Or part thereof or for labor
materials for the same and expended money thereon
TO the amount of, at least, five thousand dollars
"5aid bonds shall be payable at the expiration of
ten years from the date of such contract, and inter-
est thereon at the rate often per 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 before 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 Ellenboro. The said bonds not to be de-
ivered to said company untilt shall have cOmplet
| cd the said road from the village OF plattevie to a
depot point not more than quarter of mile dis
iaat from the Court House in Lancaster ready for
the passage of and then ell OF said bonds shall
| bedelivered to said company.
~The Railway Company further proposes, and
agrees issue, such number of shares in its CAPT
tai stock as Will, at the par vslge OF such stock,
equal the principal sum OF sueh bonds and the GER
tacatos Of stock shall be placed in tho custody of
George Ryiand, Esq, Banker in the village of
Lancaster, with such other trustee as the said
company and town of Ellenboro may from time TO
| time agree upon, and the bonds go issued 10y the
to En shall be held and kept w such trustee; and
when all any of said bonds are delivered said
company, equal nominal amount of stock shall be
| delivered to said town of Elenboro.
| "But if the said company defers the commence
meut of work said road for much a year from
the time of the vote this proposition the trustee
/ shall on demand, deliver up the said bonds TO the
au hories 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 Charged higher
rate for fare freight than is may be fixed BY the
laws of this State in reference te roads of class
/ similar to that 20 be bull. by the said company"
This proposition signed by the President and Sec
| retay Of said Company aud sealed with its seal.
Dated May 10, 1875. HUGH A. MOORE, IL 81
President Of Grant Co. Railway Co.
| JOHN @. CLARK, IL
Secretary Of Grant Co RailwayCo.
Witness my hand, Ellenboro, Grant County,
| Wis, May II, 1876. JAMES q. ORION.
Town Clerk of said Town Of Ellenboro.