Wheeling register. [volume] (Wheeling, W. Va.) 1878-1935, 1884-11-29
THAT CONTRACT

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which May BE submitted to tho Board OF
Commissioner on Saturday.
The Board of Commissioner Of the coun-
ty of Ohio and State of West Virginia, in
pursuance of the authority given by q vote
Of The qualified electors of the said county,
had on the l4th day of October, 1884, here.
by subscribe for 5000 shares of the capital
stock of the Mt. Vernon, Coshocton and
Wheeling Railroad Company OF the par
value of $50 each, upon the following con-
ditions:
First. That the Mt. Vernon, Coshocton
and Wheeling Railroad Company shall, be-
fore the first day OF January, 1890, build,
construct and complete, or shall
acquire possession and ownership OF
a line of railroad from the
civ of Mt. Vernon in the State of Ohio, By
the shortest practicable route to the city OF
Wheeling and into the city Of Wheeling,
over q bridge to be built of iron and stone
at a point in the. OHIO river at the head OF
Wheeling Island at some point east Of the
east channel Of the Ohio river.
Second. That the said Mt. Vernon, Co
sbocton and Wheeling Railroad Company
shall before the first day Of January, 1880,
have the said line of railroad completed and
in running order and shall have the same
actually, and in good faith in operation and
use by running trains for the transportation
Of passengers and freight throughout its
entire line as ~hereinbefore set forth and into
the city of Wheeling over said bridge.
Third. That the said Mt. Vernon, Co
sboctop and Wheeling Railroad Company
shall, before this subscription takes effect or
becomes binding on Ohio county, give bond
in the penalty of two hundred thousand
dollars, with good security, to be approved
by the said board Of commissioners with
conditions to indemnify the said board OF
commissioners and the county of Ohio
against any statutory or other liability by
reason of such subscription, except the
liability to pay the Sl50,000 in salts
faction of the subscription hereby made.
Upon the compliance of the said Mt. Hern-
on, Coshocton Il Wheeling Railroad Com
pany, with each and all OF the conditions
he~reinbefore expressed, the said Board OF
Commissioner of Ohio county agree to pay
for the stock 80 subscribed for by it the sum
Of $500 900, and said Mt. Vernon, Coschoc-
ton 4 Wheeling Railroad Company by &C
cepting the subscription, agrees to deliver to
he said Board Of Commissioners, three
thousand shares of the capital stock of the
said railroad company at the par value OF
$50 each, but upon the failure Of the said
railroad company to comply with each and
every of the condition aforesaid this sub
scription shall be null and void.
1t is agreed between the saio railroad
company and the said Board of Commits,
.ioners that this contract of subscription
shall now be placed in the hands of -,
Who shall hold the same until each OF al
The conditions aforesaid are complied with
and fulfilled to the satisfaction OF said
Board of Commissioners, and upon the Ger
,ifcate of said Board under It's sea-
and attested by its clerk, beinG
delivered to the said -
expressing its satisfaction as aforesaid, h
shall therefore deliver this contract of sub
scription to the said railroad company. H.
testimony whereof the signatures OF the
President and Clerk of the said Board o.
Commissioners of Ohio county, West Nir
ginia, and its corporate seal are hereuntc
affixed. And in pursuance OF a resolution
of the Board of Directors OF the said railroad
| company passed on the - day of - thes,
presents have been subscribed in its name
and behalf by its president and its corporate
seal has been hereunto affixed this day
Of, 1884.