The Cheyenne daily leader. [volume] (Cheyenne, Wyo.) 1870-1884, 1877-06-24

Messrs. Gould and Dillon had a final
interview with the citizens committee,
in Gen. Superintendent Clark's car last
evening. There were present U. s. Sem
ator Teller, Pres. Loveland, of the Col
orado Central r. R., and Messrs. Con-
verse, Maggie, Whipple, Warren. Steele
and Glafcke.
Mr.. Gould informed the Cheyenne
committee that the Colorado Central
railroad would be extended at once to
connect with the line Of the Union
Pacific, but that the construction Of
the Black Hills road would probably be
deferred for a year.
After considerable discussion, the
following basis Of an agreement was
drawn up and signed by the parties con-
cerned:
Memorandum Of Agreement as 10 the
building Of the Colorado Central Rail
road, from Longmont, Colo, to Chey-
enne, Wyo., and Of a railroad iron,
Cheyenne, Wyo., to the Black Hills, or
to a point north Of Cheyenne on the
road TO the Black Hills, aud on the
Norm ftdtte Tircf.
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 90 years,
bearing interest at the rate Of s per
cent. per annum, redeemable after 10
years at par in amounts of SO, 900 each
year, to be selected by lot-said bonds
SO issued to be in amount $4,000;
| said bonds 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 the
Black Hills, or 100 miles on the line
thereof 10y 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 8 per cent. payable
20 years after date, to the amount of
$3.50, 600, 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
and pay to the said county Of Laramie
the bonds amounting to $4,000 so
issued as aforesaid, for the building of
said railroad from Longmont to Chey-
enne, or if unable to return said bonds,
then and in that case the said Colorado
Central Railroad shall return to the
said county of Laramie the sum of
$4,000, being so per cent. of the par
value of said bonds.
The Colorado Central Railroad com
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 If railroad at said city
of Cheyenne.
COLORADO CENTRAL H.. X. Co,
by w. a. Ii. LoVeiahd' frest.
SIDNEY DILLON,
JAY GOULD,
FOR =. 1. Il. II. Co
y. r. CONVERSE,
w. r. STEELE,
Il. y. WARREN,
L. NAGLE,
~ IIuIpDY "
L. MURRIN,
Com. on behalf of Laramie Co, Wyo.
This proposition is the best that
could be OBTAINED ana' under the CIT
cumstanees, we think, a most reason
able one. Let our citizens give it due
consideration weigh all its terms and
S..;.;1ss -, ~ IN No "a, 20 COW
at a meeting to be called in a day or
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