The Cheyenne daily leader. [volume] (Cheyenne, Wyo.) 1870-1884, 1884-01-01
IN SIX DAYS
VIII Begin the Great Work of BUILDING
the Cheyenne, Black Hills &
Montana Railway.


yesterday morning that the last day Of
the old year wa to be one of the most
eventful days in the history of Chey-
enne, and that the hours were number.
ed when the privilege of that great cor
poration, the Union Pacific railway, to
the exclusive right to receive from this
county a large amount in bonds to aid
In the construction of a railroad to the
northwest, would be at an end. Yet
such was the case. For sometime ar
rangements have been quietly progress
ing TO the end that this county should
absolve itself from all obligations here
tofore existing under the contract with
the Union Pacific, in regard to aid in
the shape of bonds for the construction
OF the long promised road.
Yesterday these arrangements culmi-
mated in the official declaration by the
board of county commissioners that the
contract with the Union Pacific was at
an end, as they had failed to fulfill On
their part the terms of the said con-
tract, and they agreed in special ses-
sion to sign, and did sign, a contract
with the Cheyenne, Black Hills & Mon
tana railway company, transferring to
said company $500, 600 in bonds SO soon
as one hundred miles of the road is
built and In running order, which is to
be on or before the 1st day of Noyem-
Der, 1885.
The meeting of the board was a spec
ial one. Messrs. Thomas Swan, T.
Dyer and G. w. Hoyt were present.
County Attorney Baird was also pres
ent, together with Honorable A, ii.
van, president of the and
Honorable F. E. Warren, its secretary.
n many Others. Commissioner 7.
Dyer introduced the resolution. which
in substance declared the contract
with the Union Pacific at an end, on
account of the failure on the part of
that road to fulfill it's contract. and
that the board would enter into CON-
tract with our home on the
same basis and conditions. The gen.
tlemen composing the board most care
fully considered every question con-
nected with the matter, and the law
governing this whole affair was exam
med and read by the members of the
board. MI. Baird was consulted in
reference to various questions that had
a bearing on the matter. In short. the
board did not rush into the scheme
with their eyes shut. They fully un-
derstand every phase and feature of the
matter.
Mr.. A. II. Swan and also Mr.. War
rem explained the situation SO far as the
company was concerned, and when
asked how long before the company
proposed to begin operations Mr.. War.
rem promptly replied, within six DAYS.
gentlemen"
MI. Dyer moved the adoption of the
resolution, which was seconded by Mr..
Hoyt. 1t was adopted by a unanimous
vote.
The contract, which was in duplicate.
was then signed by President A.. II,
swan and Secretary Warren for the
company, after which the commission
ers affixed their sigaaAnrea to the sauna.
And thus was consummated TIT
great bargain. between the ompany
n this county, which will before our
readers see this article, be known and
read all over the east and west, and
noted by great railroad men as an i'm
portant event in railway enterprise.
The thanks of our people are certainly
due to all concerned in taking this
great step.
The history of this matter of bond
ing the county for this purpose is 80
well known to most of our people that
a detailed history Of the matter is un-
necessary at this time. The bonds are
to be 1o-3o's and are to draw a five per
cent. interest.