The Emporia news. [volume] (Emporia, Kan.) 1859-1881, 1877-01-19
NEW ADVERTISEMENTS
PROCLAMATION.

hsii ING oonfo VI county commission
ers OF the county of Lyon, for and in be-
half OF said county. subscribe for auC
take the capital stock of the said Kansa,
City, Emporfa and Southern Railruuj
Company to the amount of one thousand
shares OF ore hundred dollars each. EsakiDe
q total subscription of one hundred lhous.
ana dollars, and in payment therefor Is
sue and deliver to said railroad COMPANY
the bones OF said county to the amount
Of one hundred thousand dollars. navahIe
principal and interest, at the flscal agency
for the State Of Kansas in the City of New
York, in thirty years after the date there
Of, with the privilege reserved 20 satf
county Of paying the whole or any par
OF said bonds at any time after five year,
nom the date thereof, and with tn,
further privilege reserved Il
said county Of paying cash for and re
deeming the whole or any part of sale
bonds at the time of the delivery thereof
as hereinafter provided, at the rate of 8;
cents for each dollar OF the face value O
said bonds so paid for and redeemed
said bends TO be issued in denomination:
Of five hundred dollars each, ana to draw
interest at the rate Of 8 per cent. per an.
mum, payable annually, from the date o.
their delivery to the railroad compsnV
and not before, and all interest COUPON;
matured or about to mature at the date of
said delivery Of the bonds to be Cancelled
and returned to the county; said bonds tc
De ISIS led in consideration of the construc.
ton, operation and maintenance of said
railroad through said county as an indie.
pendent line, unconnected with the road.
bed or track Of any other railroad in said
county; and as part of this proposition
Tor the purpose Of securing the permanent
location, establishment and maintenance
OF the principal machine, repair and
offices of said railroad company at
Emporia, in said county, shall the
said Board of County Commissioner
transfer to said railroad company the one
hundred thousand dollars of its caDital
stock subscribed Tor and taken by said
county; said subscription and transfer of
stock and issuance of bonds to be upon
the following conditions:
list. Immediately after the proposition
10 voted by the people Of said county and
the result Of the election duly ascertain
ed and declared, said subscription to the
capital stock OF said railroad company
shall be made, and the said bonds Of the
county shall be duly executed by said
Board Of County Commissioners accor.
ding to law, and deposited in escrow
with the fiscal agents of the State Of Kan.
sas at the fiscal agency of said State in
the City of New York, or with such 9th.
or party as may be mutually agreed upor
by and be satisfactory TO the said Board
OF County Commissioners and said rail
road company, and said bonds shall re.
main in the possession Of their custodian
aforesaid until delivered upon the certi.
ficate Of said Board of County CommIs
siOners as hereinafter provided: and al
the same time the said railroad company
shall duly execute one Thousand sh ares OF
one hundred dollars each, and place the
same in escrow at the same place and te
the same party to whom said bonds shall
be entrusted az aforesaid, in whose pos.
session said stock shall remain until its
delivery as hereinafter provided.
20: The said Kansas City, Emp0rla aud
Southern Railroad Company or their as.
signs, shall construct and equip, as afore.
said, and have in operation. q railroad
OF gauge OF three feet, so constructed
as TO form one continuous, independent
and unbroken line of railroad communIca.
ton from Emporia in said Lyon county to
Arkansas City in Cowley county, within
eighteen months from the commencement
Of work On said road, as hereinafter spec.
flied. and from EmporIa to the eastern
line Of said county OF Lyon within two
years from the commencement of first
work on raid road; said road to be con.
structed in substantial manner, and
the eQuipM ent thereof to be first-cIa a.
and sufficient for the traffic Of the road
and the work Of the construction thereof
to be commenced within thirty DAYS
after the deposit of said bonds In
escrow. as aforesaid, and the voting OF
bonds and their deposit in escrow by the
several counties along the line Of said
railroad from said county Of Lyon to the
southern boundary of the State along eth.
er division of said road to the amount OF
mile OF the line of said road,
and said work to be continued
untnterruptedly from the commence.
ment to the completion thereof.
Sd. No part of said bonds shall be is.
sued and delivered to said railroad com.
M IN u
the party holding them In escrow, nor be
OF any binding force or validity upor
said county until the track of said rail
road shall be laid and trains run nips
thereon from the city of EmpOria to the
point where She line of the road crosse.
tns south or west line Of said county o.
Lyon. and the machine shops and gener
al offices of said company shall have beer
permanently located at Emporia. but
when the railroad has thus been com
pIeted from the city of Emporia, to the
south or west line Of said county
and when the principal machine. repair
ana manufacturing shops and the general
omces OF said railroad company have
been permanently located at Emp oria and
said railroad company shall have entered
into suI1cient written agreement with
the said Board Of County Commissioner
lor the permanent continuance and main
Ienance OF said shops and offices at EN-.
poria, and when said railroad company
shall have entered into q sufficient writ.
ten agreement with said Board Of Coun.
" Commissioners to complete and equiv
Sald read 70 the east line Of said county
within the time above specified. and t.
establish and maintain depot and side.
track within one-feurth Of q mile of the
toWnsIte Of Neosho Rapids, in said coun.
" OF Lyon, and said facts Of the compile.
ton OF said road to the western or south.
ern line OF the county, the location Of
SAID shops and offices at Emporia and the
due execution Of the contract for their
perpetual maintenance at Emporia, and
the due execution Of the contract for the
completion and equipment OF said road to
the eastern line OF the county, ana the
establishment and maintenance OF said
1epot ana side-traek, az aforesaid. have
Deen certified by said Board OF County
commissioners to the custodian Of sale
bonds. the said custodian shall deliver
20 the said railroad company or its
assigns an amount OF said bonds and
STOCK equal to four thousand dol.
lars per mile OF the road 30 con.
structed; and when said railroad shall
have been completed from Emporia to the
east line OF the said county Of LYON
Dy the way Of the town Of NeoshO Rapids
the line OF said road TO be within one.
fourth Of mile Of said town, and 3 de-
POI ana side-track established as afore-
SAID, and that fact has been certified to
the custodian OF said bonds and stock as
aforesaid, and all the conditions concern
Ing said shops and offices shall have been
Iolly complied with, then the said Gus
todlan shall deliver TO said railroad ccm-
stock.
4th. The submission of this PROPOSE
tion to be at special election in said
county to be called and held and the re.
turns TO be maue and the result ascertain
ed and declared according to the rules
and regulations provided in the general
election laws OF the State OF Kansas.
Those voting for the said proposition.
shall have written or printed on theirbaI-
lots the words, "For the proposition"
and these voting against the said propo-
sItion shall have written or printed on
their ballots the words, Against the
proposition.
Sheriff . Office. January II, 1877.
HIRAM CONNER,
Sow Sheriff Lyon county.