The Northern Pacific farmer. [volume] (Wadena, Minn.) 1878-1885, 1884-07-31

Whereas, The Wadcla q Park Rapids Rail-
road Company has duly made, executed and de-
l'vercd to the Town Clerk ofthe Town Of IeafRlv-
er, In the County IT wadcna and State Of Minno-
sofa. the following definite proposition. in writ
ing to-wit: III
PROPOSITION OF WADEsA&PARK RAPIDS
RAILROAD COMPANY FOR
The Wadena 4 Park Rapids Railroad Company.
corporation duly created, organized and exist
Ing under and By authority, Vt the laws of the
| state Of Minnesota. being DESTROYS Of securing
aid from the Town OF Leaf RIVER in the County Of
Wadcna and State Of Ninneseta, ia the coastrue-
| ton Of said railroad compaRy's road for public
use from the Village Of wadena, in the County Of
wadena, in said State. to Park Rapids, in the
County of Hubbard. in said State, makes tho fol-
lowing definite proposition, In writing, As provid.
ed by Section - Of pter "a the general stat
utes Of said State of Minnesota. that is to say:
The said Railroad Company dc.i YES, and here.
by applies for, the bonds ofsatdTown Of Leaf Rlv.
to the amount Of one thousand and one hundred
(Slloo dollars, which amount. together with the
existing indebtedness of said towndocs not exceed
i've per cent of the taxable property therein, a.
shown BY the last assessment Of said poperty made
for the purpose of State and County taxation ssid
bonds to 30 payable twenty {o.) years from the
date thereof and 10 bear interest ut the rate of
five (5) per cent per annum; the int rest pa yable
scmi-annuslly, and to be evidenced by coupons
attached to said bonds.
Said bonds are to be deposited with Charles
Kttlegon the State Treasurer Of the State Of Min
nessta, or his successor In Office. who resides at
st Paul, in tho County ofRamsey, i. the State Of
Mime :ota, within ninety days from and after the
approval of this proposals ~ the legal voters Of
said Town at the election In that behalf, a. pro.
viaed in Section s6 OF sstd Chapter "a, and there
to remain, on deposit with said custodian. in
escrow until delivery, hereinafter provided: Ito
said Railroad Company.
And the said Railroad Company will, In consid-
Grafton of said bonds, lat the election Of
said Town) issue to 1t Eleven 81, 1907 shares
Of the capital stock Of saii Wxdena h Park
Rapids Railroad Company, known Is it, common
stock which said shares ut their par value cores
pond with the princi pal SUN of the bonds Of said
Town hereby applied for.
Aud the said Eleven S1,loo,) shares Of
stock shall In like manner as said bondsbe de-
posted within ninety days from aud after
said election, with the said Charles Kittleson the
Urea surerof the St ate Of Minnesota or his
in Office in escrow. there to remain on deposit
unit the delivery bonds to the said Railroad
Company when 81 i'd shares Of stock shall be deliv.
cred to said Town.
The sal onde of said Tt wn and tho said shares
Of stock VI saId Railroad Compa, are to be deliv
| cred by said custodian thereof to said Railroad
Company and to said Town respectively. as afore
said, when said live Of Railroad shall have been
| completed ready for the passage Of cars thereon
from the Village of Wadcna, in the County DIVA.
dcna, State OF Minnesota, to said Park Rapids Of
| Hubbard County, Minnesota. to be completed
! within eighteen Q8) months from June LIST, A. D.
! 1854, said bonds to he issued In such dcnomina.
tons mot less than One Hundred Dollars each) a.
said company may in writing designate.
WITNESS the hands Of the President and secrs
tary said Railroad Company and tho corporate
seal thereof, this goth day ofJuly AID. 1884.
~~ WM CROOKS,
''s't wa'e'' j. r. r' ~d S:?is; Co
~ Sec'y. Wsdena 4 Park Rapids R. r. Co
AND WHEREAS said proposition has been dull,
filed and Endorsed and transcribed in the records
of said Town by theTown Clerk thereofss provid
ed by law:
AND WHEREAS, there has also been duly fled ir
tho Office Of said Town Clerk, staten cnt II
writing in favor of calling an election to DO helt
by tho legal voters Of said Town, upon said prop
o>ition, as provided by law, signed by the Towr
Clerk and two Of the Supervisors and two o
the Justices Of the Peace, together with twelv,
freeholders of said Town.
Now THEREFORE, notice is hsrcby given that al
election will be held by the legal voters Of sal,
Town of Leaf River. at the usual place of holttn,
elections in said Town, to.wit: At tho Schoo
house III School Dist MOL II Of Wadena Co. on tn,
eleventh day of August 1884, between tho hours
9"'slock a. m.. and O'Clock p. m, to vote upor
said proposition of said Railroad Company.
And ut said election each voter in favor of said
proposition. will deposit ballot on which shal
be written or printed the words: "FoR TIKI
| RAILROAD PRoPoslTIoN;' and each voter not in
favor Of said proposition will deposit ballot on
which shall DO written printed the words
AGAINST THE RAILEoAD ProPosIroH."
! JAMES MILLER,
Clerk of the Town of Leaf River
Dated at Leaf River, MINI. July sOth, 1854.