Wheeling register. [volume] (Wheeling, W. Va.) 1878-1935, 1884-12-02
THE RAILROAD CONTRACT
Finally Adopted and Both Sides Satisfied
Entirely,

Finally Adopted and Both Sides Satisfied
Entirely.
The contract with the Mt. Vernon, Co
shocton and Wheeling Railroad Company
and the Board of Commissioners was SCI
tied up in short order and without a dis
serting vote. It's now in satisfactory shape
and both parties are entirely satisfied. Mr.
John. J. Jones was appointed trustee and
Prosecuting Attorney as ageat for tn
Board. The contract, as agreed upon, is a
ollows
The Board of Commissioners OF the coun
~ Of Ohio and State of West Virginia, il
pursuance of the authority given by vot,
of the qualified electors of the said county
had on the 18th day OF October, 1884, here
by subscribe for 5000 shares Of the capita
stock Of the Mt. Vernon, Coshocton and
Wheeling Railroad Company of the pa
value OF $50 each, upon the following con
ditions:
First-That the Mt. Vernon, Coshoctor
and Wheeling Railroad Company shall, be
tore the first day of January, 1890, or such
later day as the Board may decide, build
construct and complete, or shall acquir,
possession and ownership ola line of rail
road from the city Of Mt. Vernon in tn,
state OF Ohio, BY the shortest practical rour
10 the city Of Wheeling and into the city
Wheeling, over bridge to be built of iro
and stone at point in the Ohio river at the
head of Wheeling Island at some point east
o! The east channel Of the Ohio river.
Second-That the said Mt. Vernon, Co
-hocton and Wheeling Railroad Company,
shall before the first day of January 1890.
or such later day as the Board may decide
have the same line of railroad completed
and in running order, and shall have the
same actually, and in good faith in opera
ton and use by running trains for the trans.
portation OF passengers and freight through
out its entire line as heinbelore set forth and
into the city Of Wheeling over said bridge.
Third-Thst the said Board of Commits.
sioners shall be secured and Unidentified to
lis satisfaction against any liability under
the statutes Of Ohio or otherwise by reason,
Of such subscription, except the liability to
pay the $4,000 in satisfaction of the sub.
scription hereby made.
Upon the compliance OF the said Mt. Yer.
non, Coshocton L Wheeling Railroad Com
Psny with each and all Of the conditions
bereinbefore expressed the said Board OF
Commissioners Of Ohio county agree to pay
for the stock so subscribed for by it the sum
of $4,000, and said Mt. Vernon, Coshoc.
ton & Wheeling Railroad Company BY &C
cepting the subscription, agrees to deliver to
the said Board tf 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 said railroad
company and the said Board Of Commits.
sioners that this contract Of subscription
shall now be placed in the hands of John J
Jones, who shall hold the same until each
OF all the conditions aforesaid are complied
with and fulfilled to the satisfaction o. said
BOARD of Commissioners, and upon the GER
ti6cste Of said Board under its seal, and at
tested BY its clerk, being delivered to the
said John J. Jones. expressing its satisfac.
ZION as aforesaid, be shall thereupon deliver
this contract of subscription to the said rail.
road company.
In testimony whereof, the signature of
Lewis S. Iordon, the agent of the Board OF
Commissioners Of the county of Ohio, West
Virginia, and the corporate seal of the said
Board, are hereunio set, in pursuance of an
order made by said Board, on the LIST day
Of Cecember, 1884, this - day Of Decem.
Der, 1894, and the signature of the President
OF the said Mount Vernon, Coshocton and
Wheeling railroad company. and the corpor.
ate seal OF said company are Get this -
day of December, 1884, in pursuance Of
resnluticn Of the Rosrd Of Directors of said
company passed on the - day of Decem-
Der, 1884.