The Emporia news. [volume] (Emporia, Kan.) 1859-1881, 1877-02-16
THE FREIGHT REDUCTION GUAR
AkTEE.
The Demand OF the Farmers
Satisfied.

The Demand OF the Farmers
Satisfied.
The board OF county commissioners
met on Tuesday, Feb. 18Th, 1876.
Present, D. s. Gilmore and L. A.
Wood. On motion, the following res
olution was adopted, and ordered 10 be
placed upon the minutes, In order to
positively guarantee by the narrow
gauge railroad, % per cent. reduction
of freIghts and passenger fares below
the rates now charged In Lyon county
by the A. T. & s. r. and NJ. K. d T.
railroads, and alsO to guarantee the
completion of the road to Kansas City
within three years. The guarantee ID
a. follows:
WHEREAS, It has been made to ap-
pear TO the board OF County Comnls-
sloners OF Lyon county Kansas, that the
railroad proposition to wit: "ShalI
Lyon county subscribe and take one
thousand shares OF ona hundred DEL
lars each of the capital stock OF the
Kansas City, Emporia and Southern
railroad company, and in payment
| therefore issue and deliver to said rail-
company the bends OF said county 90
the amount Of one hundred Thousand
dollars"
And to be submitted to the legal
voters of said county and to be voted
upon by them at their various voting
precincts in said county On Tuesday
Feb. the Goth, 1877, does not contain
sumetent guarantees OF . reduction Of
freight and passenger fare below the
present rates to and from Kansas CITY,
Mo, and all points touched by said
railroad In Lyon county, Kansas.
Now, therefore, 1t Is considered and or
dered BY the board, That before the
delivery of the bonds of the county
to said Kansas City, Emporia aAd
Southern railroad company in payment
of the one hundred thousand dollars
OF the capital stock OF said company,
they, the said Kansas City, Emporla
and Southern railroad company, or its
assigns, shall make, duly execute and
file with the beard of County Com
missl0ners, or deposit 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 person as shall be greed upon by
said beard of County Commissioners
and said railroad company, . written
guarantee to be approval by said
board OF County Commissioners, Sc
curing TO the county of Lyon aad the
citizens thereof q reduction in the
prices or fare charges for the transport
tation of freights and passengers to
AID from Kansas City, Mo. and all
points along the line Of said road In
said Lyon county, at least twenty-five
per cent. below the rates now charged
by the present existing railroads In
said county.
And it Ia farther considered and or
dered by the board of County Com
missiOners that before the delivery of
the said bonds of the county To the
said Kansas City, Emperia and South
ern railroad company as aforesaid,
they, the said railroad company, shall
nake, duly execute and file with the
board of County Commissioners or de- !
posit In escrow with the fiscal agents |
of the State of Kansas at the fiscal |
agency OF said State in the city Of
New York, "a sufficient written guaran-t
tee to be approved by the said board |
Of County Commissioners securing to |
said Lyon county the completion Of
said line of railroad frOm Emporia, |
Lyon county, Kansas, to Kansas City, |
Missouri, withia three years from the |
time of commencing work on said |
line of road at Emporia, Lyon coun ty, |
Kansas.