The Columbus journal., 1881-05-25
3Sth day Of May, A. ID. lssl.

for the purpose OF voting upon the fol-
lowing proposition, to wit:
Shall the County Commissioners of
said Platte County issue and give to the
OMAHA, NI0BRARA AND BLACK
HILLS RAILROAD COMPANY, a cor
pOration organized and existing under
the laws of the State of Nebraska, coupon
bonds of and for said Precinct 20 the
amount of Twenty Thousand Dol
lars, TO aid in the construction of a
Railroad commencing at a point on the
Union Pacific Railway, in the City of
Columbus, in said Platte County, and
extending thence to Lost Greek Station.
also in said Platte County. Said bonds
to be issued in sums of One Thousand
Dollars each, to be made payable to
bearer, to be date d on the First day Of
July, A. D., 1881, and to become due
twenty years from the date thereof,
with interest ut the rate of seven per
cent. per annum, payable annually on
the first day of July of each year upon
interest coupons thereto attached, both
interest and principal payable at the
fiscal agency of the State OF Nebraska in
the City of New York.
And shall the said County Commits
sioners cause to be levied on the taxable
property of said Columbus Precinct, an
annual tax sufficient to pay the interest
on the said coupon bonds as it becomes
due, and after the expiration of ten
years from the date of said bonds, shall
the County Commissioners cause to be
levied in addition to all other taxes,
upon the taxable property of said Pre-
cinct, Il tax sufficient to create a sinking
fund for the payment at maturity Of
said bonds, and shall said tax be con-
tinued from year to year until the said
bonds are fully paid; PrOUided, that the
said Precinct shall only be liable to pay
interest on the said bonds from the time
the said Railroad Company shall be
entitled to receive the same, and upon
the delivery thereof, sufficient coupons
shall be detached from said bonds to
cause them to draw interest from the
time when said Railroad Company shall
be entitled to receive them; and, pro-
uided further, that the said bonds shall
be issued and delivered to said Railroad
Company only in the manner and on the
conditions following, to wit: when said
Railroad shall be built and completed
from the City of Columbus to the town
of Lost Greek as aforesaid.
Said bonds shall be executed and is
sued by the proper officers of said
County and delivered to said Railroad
Company within sixty days after the
completion of said Railroad; and if
w VI IHt tOJts Cdsl III sdlu cltC-
tiOn shall be in favor of the proposition
hereby submitted, then said County
Commits siOuers shall be authorized to
execute and deliver the same accord.
ingly.
The form in which this proposition
shall be submitted shall be by ballot,
upon which ballots shall be printed or
written or partly printed or written,
the words: "For Railroad bonds and
taX,-Yes" or "For Railroad bonds and
taX,-No." And if twO-thirds of the
votes cast shall have thereon the words,
"FOr Railroad bonds and tax, Yes"
then said proposition shall be de-
clared adopted, otherwise they will be
declared lost: said election to be held |
at the following place in said Precinct, |
to wit: At the Court House, in the City |
of Columbus, Platte County, Nebraska. |
The polls at said election shall be |
open at eight O'Clock on the morning of |
said day, and shall continue open until |
six O'Clock in the afternoon thereof, and |
said election shall be conducted in all |
respects as provided by law.
BY order of the Board of County Gem |
missioners of Platte County this 21st |
day of April, A. d., 1881.
JOHN WISE,
MICHAEL MAHER,
JOSEPH RIVET,
County Commissioners. |
JOHN STAUFFER,
County Clerk. 512-5