, 1884-02-26
RAILROADS.
Mr.. Benefits Bill to Encourage DeveI-
opment.


in assisting In the material develop
ment Of the territory. There is MOTH
ing in the bill that pledges any county
bonds, nor binds any county to give
bonds. 1t simply provides that when
any railway corporation shall under
take in good faith to build a railroad.
that the electors Of any county may
then vote on the question of issuing
bonds to a railway company and a two
thirds majority is necessary. But the
bonds are not to be issued until the
completion Of the railway voted on.
But perhaps a reprint Of tie bill would
be better in explanation. The leading
sections are as follows:
Section /. That whenever any rail-
way corporation shall begin and under
take the building Of a line or branch
of railway in Wyoming territory that
shall connect with or shall intersect
with the line Of the Union Pacific rail-
way company, in this territory, and
shall have actually surveyed and To-
Gated, its proposed line or branch of
railway, and which corporation shall
desire the aid of any county bonds in
building such line or branch of rail
way, 1t shall be lawful for such corpo-
ration to apply in writing to the board
of county commissioners of any
county in which such line or branch of
railuuau aha1l N for tho bod. "a a-oL
county not to exceed the sun of tbres
thousand (S3, 900 dollars for every
mile Of railway constructed, to be is
sued to and for the benefit of such
railway corporation, as is hereinafter
provided.
Such application shall contain: LIST,
the full corporate name of the corpora
ton. 2nd, a description Of the route
of railway as laid but and adopted by
the said corporation.
3 The number of miles of railway
the corporation pr roses to construct,
and for the construction OF which it
applies for bonds, Provided, That in no
a 8 shall there be bonds Issued in any
county, to a greater amount than three
hundred thousand dollars.
4 The initial point aud terminus of
the proposed railway.
Section 2. Where any such applica-
tion is received, specifying the route
and length of the proposed line or
branch of railway in such county, the
Board of the County Commissioners of
such county, shall, in the manner now
provided, Call an election of the cleo
tors thereof to vote on the question of
issuing the county bonds to such rail-
way corporation, and said call shall
state the substance of said application,
and specify the number of miles Of rail
way upon which bonds are applied for,
and the amount of such bonds.
Section 3 The Board of the County
Commissioners shall furnish an ample
number of tickets, all of the same size,
color and printing thereon, upon one
half of which shall be printed the words
For Railway Bonds" and upon the
other half The words Against Rail
road Bonds, ,; and these tickets shall be
furnished in equal amounts to every
election precinct in the county. The
election shall be held at the time mens
toned In the notices OF election, and
the places Of holding said election shall
be the several precincts of the county,
now established, or those which
may be hereafter established accord
ing to law, and the votes so taken such
be returned to the county clerk Of said
county, within fifteen days after such
election, by n OF the judges or clerks
in each election precinct: and, when
the returns are all In, or at the expira-
tion OF fifteen days aforesaid, the board
OF the county commissioners OF such
county shall canvas the vote and
declare the result on the minutes of
their meeting, as in other cases; but in
no case shall the said board reject any
votes or returns because of any mere
informally, but the intention Of the
voters shall be Civ N force and effect.
And in case the board Of q 9 county
commissioners shall find that a two
thirds majority Of the votes cast in the
county are in favor of bonds, then and
in that case they shall so declare by
resolution to be entered of record, and
the issuance Of bonds shall be deemed
to have been sanctioned by the electors
of said county, and said bonds shall be
issued as is hereinafter provided. But,
II a two-thirds majority of the votes
cast shall be against the issuance of
bonds, the board of the county COM
m%issioners shall SO declare by resolution
to be entered Of record as follows: and,
In that case no bonds of such county
shall be Issued to the corporation ap-
plying for the same, upon whose appli-
cation such election was held.
Section 4. In case bonds should be
authorized by the electors they shall not
be issued until the corporation
to which the bonds are voted
shall construct, equip and COM
plete ready for the running of
trains and have trains running there
on, for the entire length Of railway
upon which the said vote was taken;
and have completed at the initial point
of said railway, machine shops aud de-
pots at a cost Of not less than twenty
five thousand dollars, and should the
corDOration fail I'm thpaa condttions