Grant County herald. [volume] (Lancaster, Wis.) 1850-1968, 1876-05-18

ELECTION.
Notice of Special Election to be Held
in the Town of Liberty, Grant Co., Wis

Whereas, The Grant County Railway Com
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, to
| the village of Lancaster, in said County, and
asks aid from the town of Liberty in con-
structing said road; therefore, under the di-
recton of the Board of Supervisors of said
town of Liberty, | hereby notify the legal
voters thereof that special election will be
held on the 9th day of June, 1876, at the
! School House, in District No. 5, in said town
of Liberty, the usual place of holding cleo
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 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, bali
/ 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
he railroad proposition"
The proposition made by the said Grant
County Railroad Company to the said town
of Liberty, is substantially as follows:
Whereas the Grant County Railway Company is
about TO construct railroad from the village of
Plattevile, in Grant County, Wisconsin, to the viii
lRge of Lancaster, in said County, aud desires aid
from the town of Liberty, in said County in the con.
struction OF said railroad, the said Grant County
Railway Company makes to the said town of Liberty
the following proposition:
The said Railway Company desires the bonds Of
the said town in a suEl E0t to exceed two and
half per cent of the assessed valuation of all proper
~ In said town for the year 1875 to wit, in the
g No interest shall accrue on the bonds given by
said town OF Liberty until the said Railway Com
pany silsl haye entered into contract or contracts
With some person corporation for the constfue-
ton ofsaid road part thereof, for labor
materials for the same and expended money thereon
to the amount OF, &C least. five thousand dollars
"ssid bonds shall be psyable at the expiration of
ten years from the date Of such contract and inter-
est thereon at the ratio often per cent shall be paid
annually 80 the holders of such bonds, respectively;
an the iowa. at its option, may pay the said Do1ds
ny part thereof before they become due The
date when the interest on each bond shall begin TO
accrue aud from SVaich the ten years begin TO run
shall be inserted in each Of said bonds as the proper
date thereof by the BOsEd of Supervisors OF the said
town OF Liberty. TIE Ead bonds are not to be de-
iVered to said company upt it shall have complet-
ed the said road from the Village of Pattevilie to
Depot or point not more than asarter of mile dis
tant from tho Court House 10 LaRcaster ready for
tie passage of cars and then III Of sgd bo5ds shall
be delivered to said company.
~The Railway Company further PROPOSES, and
agrees TO issue, such humber of shares il ats CAPT.
tai stock will, at the par value of sgGb St0ck.
equal the principal of such bonds: and tbs ser
tfcates OF stock shall be placed in the CUSTODY ~
George kyiand, Esq, Banker in the village .Rf
Lancaster o. with such other trustee as the said
company and town of Liberty may from time to
time agree upon, and the bonds so Issued by the 4
town shall be held and kept by such trustee; and
when all or any OF said bonds delivered to said
company, equal nominal amount of stock shall be
delivered to said town OF Liberty.
"But if the said company defers the commence i
mont of work said road for much year from
the time of the vote this proposition, the trustee
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
rate for fare or freight than may be fixed by the
laws of this State in reference TO roads of 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 April 10, 1876. HUGH A. MOORE, IL 81
President Of Grant Co. Railway Co.
JOHN q. CLARK, IL 81
Secretary of Grant Co. Railwayco.
Witness my hand, Liberty, Grant County,
Wis, May ., 1876. JOHN WAGNER.
Town Clerk of said Town of Liberty.