Grant County herald. [volume] (Lancaster, Wis.) 1850-1968, 1880-04-08

Result In Lancaster.
Town Meeting-Lancaster.

AT the Lancaster town meeting the recom>
mendations of the Supervisors report we're
adopted. A special appropriation of s62.50,
to meet an arrangement with the county,
was made, to be expended on the "road to
stone mill" or on the Woodman and Bosco-
bel roads in Lancaster. The following res O.
lution was submitted
WHEREAS, The township of Lancaster, Grant
County, Wisconsin, now holds Bonds issued
by the Chicago & Tomah Railroad Company,
and,
WHEREAS, the voters and tax payers of
said township of Lancaster are desrious of
assisting said Chicago g. Tomah Railroad
Company in the further extension of said
Railroad to Madison, Wis, or to some point
east from the present extension, Wingville,
therefore,
Resolued, At this annual town meeting.
this 9th day of April, A. D. 1880, by the
voters and tax payers of said township of
Lancaster, that we as said voters and taxpay-
ers make tue following proposition to said
Chicago & Tomah Railroad Company, to-wit:
The said township of Lancaster agrees and
obligates herself to surrender to the Presi-
dent of said Chicago & Tomah Railroad Com
pany, or his express order, all Bonds now
held by said township of Lancaster and
issued by said Chicago & Tomah Railroad
Company, upon the payment in cash OF the
sum of Seventeen Thousand Dollars (Sl7 ,OO0)
for such Bonds as aforesaid so agreed TO be
surrendered to said President of Chicago q
Tomah Railroad Company or his order; pro-
vided, however, upon tie express condition,
that said Chicago & Tomah Railroad Com
pany liquidate and pay up all its indebted
ness by promissory notes or due bills execus-
cd by any officer Of said Chicago Il Tomah
Railroad Company to any and all residents
of said township of Lancaster for monies by
them heretofore advanced, and to pay up all
obligations upon which residents OF said
township of Lancaster are parties. George
w Rylan6 is hereby made and appointed
the trustee for tie said township of Lancas>
ter, and before surrendering the Bonds as
above mentioned to said President of said
Chicago & Tomah Railroad, or his express
order, he, the said George w. Ryland as
trustee as aforesaid, shall satisfy himself by
a two-week's public notice and be also fully
satisfied by said Chicago & Tomah Railroad
Company that the promissory notes and due
bills executed by said Chicago & Tomah Rail-
road Company to residents of the said towns
ship of Lancaster for monies heretofore adj
vanced and also that the obligations upon
which resideuts.of said township of Lancas-
ter are sureties are fully paid and satisfied.
This proposition to be in force and OF eff
feet for three months from this date, and
should this proposition be accepted by said
Chicago & Tomah Railroad Company, the
President of said Railroad Company may
sign the same, noting the acceptance of the
same.
The Chicago & Tomah Railroad Company
hereby accepts the above resolution or prop
ostion BY d. r. w. Williams, President Of
the Chicago & Tomah Railroad Company.
This resolution was discussed at some
length and on the assurance that the COM
pany was by it obligated first to pay all
debts they owe in Lancaster, and then ST..
600 in cash in lieu of the bonds now held
against the railroad, it was adopted, and as
will be seen by the above, was accepted by
the company.
Mr.. Stone remarked that in the report APP
peared no claim by Mr. Ryland for services
as Chairman Mr.. Ryland explained that
the contingent fund was exhausted and there's
fore he presented no claim. A motion was
made to compensate Mr.. Ryland, Mr.. Ry-
lend objected and on motion Of 7. NJ. Barber
a vote of thanks was rendered M Ryland.