The Cheyenne daily leader. [volume] (Cheyenne, Wyo.) 1870-1884, 1877-06-28
RAILROAD MEETING.

aNAlOuS 10 near ana act upon the report
of the railroad committee.
Dir. F. E. Warren called the meeting
to order; Judge Fisher was chosen
President, Gen. E. c. David and Judge
Mclaughlin, Vice-Presidents. and II.
Glafcke, Secretary.
Judge Fisher called upon Mr.. War
rem, chairman of the citizens commit
tee, for a report, and that gentleman
gave a comprehensive account of the
doings of the committee, including the
agreement made with Messrs. Gould
and Dillon, Of the Union Pacific Rail-
road, and W. A. H.. Loveland, Presl-
dent of the Colorado Central Railroad,
as published in THE LEADER.
1t was moved by Thos. J.. Street,
Esq, who was seconded by Hon. E. P.
johnson, ''that the contract entered
into by the committee be accepted and
approved by and adopted as the sense
Of this meeting" Hons. W. z. Steele
and E. p. Johnson spoke in favor of
the motion, and when the question was
put, 1t was carried by a unanimous
vote.
Dir. Warren stated TO the meeting
that n of the parties to the agree
ment would expend a large amount of
money, before this county would be
called upon to give a dollar in bonds; it
was advisable, therefore, to secure the
signature Of our citizens to the agree
ment, as made by the committee, In Or
der to assure the managers of the Col
orado Central Of our good faith in this
matter. He therefore presented the
following resolution:
WHEREAS, At a meeting of the citi-
Gems of Cheyenne and Laramie county,
Wyoming Territory, held on the first
day of June, A. D.. 1877, q committee
of twelve members, to wit: A. r. Con-
verse, Jervis Joslin, Luke Murrin, F.
E. Warren, 1. G. Whipple, a. II. Swan,
II. Glafcke, j. NJ. Carey, j. II. Nichols,
E. Nagle, +. A. Slack and w. r.
Steele, were elected to represent the in
terests of the said county of Laramie in
obtaining the location at the city of
~ a vi a. VI a tAlH ppllil
of any railroad to the Black Hills TO be
built from the line of the Union Pacific
railroad, by the said Union Pacific
Railroad company or by any company.
in its interest; said committee being
empowered to make such agreement as
it might deem wise and proper, in the
best Judgment of its members, to for
ward the said purpose; and
IVEarcoc On fha ODD dav of luna
A. D.. 1877, said committee made and
entered into an agreement with the
Colorado Central Railroad company, by
w. A. H. Loveland, its President, and
with Sidney Dillon and Jay Gould, on
behalf of the U. Pr r.;
Which said agreement is the words
and figures following, to wit:
Mem0randnm of Agreement as to the
building Of the Colorado Central Rail
rood, from Loaqnont, Colo, to Chey-
enne, Wyo., and Of a railroad from
Cheyeane, Wyo., to the Black Hills, on
TO a point north Of Cheyenne on the
road 10 the Black Hills, Oh the North
Platte Tirer.
The Colorado Central Railroad Co.
agree to build their line of railroad
from said Longmont to Cheyenne with
in six months. In consideration of
said building of said line of railway,
the County of Laramie, Wyo., agrees
to issue its bonds to said Colorado Cen
trail Railroad Co., payable in 20 years,
bearing interest at the rate Of s per
cent. per annum, redeemable after 10
years at par, in amounts of $4,000 each
year, to be selected by lot-saiu bonds
so issued to be in amount S150,000;
to be issued TO said company on or
about February list, 1873.
1t is further agreed that whenever a
railroad shall be built from the line OF
the Union Pacific Railroad, TO tho
Black Hills, or 100 miles on the line
thereof by the Colorado Central Rail-
road, or the Union Pacific Railroad Co.,
starting from Cheyenne, Wyo., the said
county of Laramie will issue its bonds
bearing interest at s per cent. payable
20 years after date, to the amount of
1886, 900, to the company building said
railroad; and in case said railroad to
the Black Hills from the line of the
Union Pacific Railroad, shall start from
any other point on the line of said
Union Pacific Railroad than said Chey-
enne, then and in that case the said
Colorado Central Railroad shall forfeit
dlIu pay W tuc SdlU GUILTY VI LdidIllC
the bonds amounting to $4,000 so
issued as aforesaid, for the building OF
said railroad from Longmont to Chey-
enne, or IL unable to return said bonds,
then and in that case the said Colorado
Central Railroad shall return TO tine
said county of Laramie the sum of
$4,000. being 90 per cent. Of the par
value OF said bonds.
Tho TNO1orn10 (Na,fFa1 Ratlrnn4 0DISn-
pany and the company operating said
railroad to the Black Hills shall build
all such machine shops, ETC., as may be
necessary for the convenient operating
of the said lines Of railroad at said city
Of Cheyenne.
ISignedl
COLO. CENTRAL r. r. Co,
By W. All. Loveland, President.
SIDNEY, DILLON For U. P. It.
JAY GOULD, Company.
A. Il. CONyERSEl
w. Il. STEELE,
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