The Greenville times., 1883-03-10
RAILROAD ELECTION.

N.NN.. ...H |HHH
that body and tha following ordinances
passed
ro the Honorable Mayor and toagell pr
the Town " Greenviiie, state oI " lis,.
Pursuant 90 the provisions OF an Aci ol
tine Mississippi Legislature entitled An
Act 10 auth0rize counties. cities and
towns 20 subscribe lo the capital stock
of railroads. p approved Aarel lih. l-.-,
the under-irned President 0f The ilem-
phis and New Orleans Railr0ad end
Leyee COMPANY. chartered bF acI q tne
Mississippi Legislature, approved March
-th. l,sa. respectfully applies 90 your
Honorable body for subscription upon
the part of your town % the capitsl stock
rf said Railroad and Leyee Company TO
the amount Of -. geo: said subscription
"a be Paid in the hogds % your town Of
denominations not exec ding ~. .gHeach.
having 80 wears 10 run from date. bear
ing interest ar the rate ~ 8 per cent per
annum and having attached 10 them IN
t,rest coupons payable annually IN the
City of New Nork. SAID bonds 20 be
delivered when earned in accordance
with the stipulations Of an agreement
with YOUR Honorable Board herewith
submitted.
The undersigned asks thst you will
cause an election 20 be held as provided
for by said Act of March 1th. lssz.
CHARLES p. HUNTINGTON.
President Memphis and New Orleans
Railroad and Leyee Company.
Ar.iel,s o. Ae-esa1zt Between tls nsyar
Ant Tswr C.E1sil c. G,eszv.lls. hi:sls-
ippi, aai ths Memphis cad Gsa 0s.s-1s
Rail.9ai and L:yss esaqa87.
Where's. on the dsl Of the dale hereof
the President of said Railroad end Levee
Company has applied TO said Mayor and
Town Council for a subscription of S5a.-
900 in the bonds Of said town 70 said
company: now. therefore, it is agreed
that II the subscription shall be voted.
then the same shall be made Immediately
and The bonds OF said town shall be forth
with executed and delivered 70 W. +.
Hunt, Matt +. johnson aud W. A. Percy.
Trustees, 10 be held BY them in trust as
follows: That Up0n the construction By
said Railroad Company. from the town
OF Greeuyille ia 4 s1utherly direction So
a. o. tOnch the cultivated lands border
ing on Lake Washington through the
said county 70 the line Of Sharkey or Of
l.saqueua county. Of standard cuage
railroad. SO that locomotive and train
Of ears can be safely run over the same.
said Trustees shall deliver 10 the Presi-
dent or other properly authorized agent
of said Company S10O00 If said bonds.
And upon the like construction OF it,
road from Greenyilla in a northariy di-
rection TO the line Of Bolivar county. in
terseCting said county line at point east
of the Range line between Ranges and
o, said Trustees shall In the same man-
ner deliver Sl0.G10 Of said bonds. But
said Trustees shall not deliver aay OF
sand bonds until satisfied by tlle purchase
and delivery at 6reenyiile, Miss. Of q
substantial part Of the material fer the
construction Of that part Of the line ex-
tending to Bolivar county or other 20
tiations for the construction Cf that part
Of said road made IN good faith bv said
Company, that the road from Gr.eaviue
TO Bolivar county line win BE- construct
ed as aforesaid within two years from
thi. date. And upon delivery of said
bonds said Trustees shall detach and can
eel all matured coupons of interest.
And II Is further distin .t,y agreed as
one Of the conditions Of said subscription
that said railroad Is TO be an ordinary
surface road similar to that now being
operated by the Georgia Pacific Railroad
Company, Gad that said Memphis and
New Orleans Railroad ard l.eyee Conn
pany ls not to be required to build a
leyce in conjunction with said road or to
place the same ON top Of ieyee. In the
event OF q vacancy occurring in said
Trustees named. then the said Navor
and Town Council 10 lill the same by ap-
pointment. If said bond. shall not have
been earned within two wears from this
date by the construction Of said road as
Aforesaid. then such part Of them or all
Of them, IL that hC the case. as have not
been earned shall be cancelled by said
Trustees and returned to said Mayor and
Town Council.
The President Of the Memphis and
New Orleans Railroad and I.evee COM
pany hereby agrees and binds himself
that said Company will within l2months
from this date determine definitely as TO
whether or not said Company win avail
Itself OF the cugnty and town sVhsctip-
iiOn FOL that part Of its road from Green
. vile to tue Bolivar line, and build the
same ifil has not already done SO. And
IN the event said Company shall deter
niue not TO build that buaca Of ifs road.
thenit wil, elbow the use Of ills rights
ana casIter 10 auv other responsible per-
son og persons Offering and desiring TO
build the same. and will turn over TO
such pariip. the town and county bonds
due on th8i part Of i.s line when compile
ted. and sill make -uch contract Of lense
or other kint "a viii secure to such par-
ties the permanent ownership of said
efaueh without demanding any compen-
s-iion therefor.
D. testimony whereof The President of
said Railroad and Leyee COMPANY and
f1e Mayor of said town, the latter acting
tF rlstne ef ar order this day made by
.s I1Nu Council. have this the 9th day
g March. ls,3. hereto set their hands
l-l seals.
lasrFs p. HrNrSGroN. TSeal1
F--eae1t Memphis and New Orleans
Railroad aud Leyee Company.
j. AiHNaNDER. [Seall
A4vor II Greenville, Miss.
Hasress % fhis dav c. 2. Hunting.
-.- P-ea s-f ~ TIRE Ncmphi. & New
.'f.-s-s Etir1l q Levee COMPANY.
aaa t-E to tine Mayor and Town
ef1-sl- q rfe tasr Of Grpenyille an
@ - ubseripiion TO the
fsr-1 sees - sf company Of fifv
aursa-1 sra 81 pNI in the bonds
ae - ifrr- s-l ~ the same time ha.
al are tr--ssr-arf between said
-sl z-1 szi Navor and
grl du1lt r Fsglr1 f9 tie issuance
Tf el rcr-s- s-f sf N4~or ana
aire' 1a " 1a1 q. agreement and
a 'aat = 1HF. AID 6uiF con-
7alersf ts wHs ttrs'ts
Pc lrasfs fs- als trs-isztinu
rrs1raa ans Is 4uEs aier.-ser.
- ~ al.f lVl i -srs -estea
N Nl agreement N "a rra-
sralr..Hy tdss I ais -fss..s sss = -i.-
er1eli Wt eige asn az sa srsf
Hzert is Elrssid pa -s r- .-es Il
-aa mueH
P flrlrr srfa.dsl. Faaa A. sssr-
1 ie ir.d H af fiHt rH ete ~ ets
y A1ri 81 TIief ie r,tss-as II
nf fH t ~ arst tr -, r.
y alf laads rs ad fu.ssf x f.sesa
eHi1anr Ha.' Hn admitted IS alte sri
aIf auH.
p ifrasr 5r1mneH Ehat ts 81.
ng 1amaf Ie q fs sa8nrt sr.
nsuesfat m 'sHduef a.d sier- ~ srf
- rs1 afHfiaH ~ sdara. az -sraa-sd
lr 1ci of hs NssiasiBri reg4.assrs
,Htted At tcf 90 tutaor. eauns'ss.
cities fnd inwis .o ibaaa'ae s9 fhe eng
ri stock e rijre1da agurs sa March
ftn * ta wit
for Fnn Engine House Prsriarf-zoI
Morris George Archer. v D. Webster.
10 further 1riaiHed That tie Tepn
Jerk . herahy Directed t8 ereuare ard