The Northern Pacific farmer. [volume] (Wadena, Minn.) 1878-1885, 1884-08-07
Notice Of Election,
TO VOTE UPON PROPOSITION
OF WADENA&PARK RAPIDS
RAILROAD COMPANY.


y
Whereas, The Wadena l. Park Rapids Rail-
road Company has duly made. executed and de-
Ivered to the Town Clerk ofthe Town of LcafRlv-
CT, in the County Of Wadena and State of Minne-
sofa, the following definite proposition, In writ
ing to-wit: 90"
PROPOSITION OF WADENA &PARK RAPIDS
RAILROAD COMPANY FOR AID.
The Wadena Park Rapids Railroad Company,
corporation duly created, organized and exist
ing under and by authority of the laws Of the
State Of Minnesota, being DESTROYS Of securing
aid fromthe Town of Leaf River in the County of
Wadena and State Of Minnesota in the construc.
ton of said railroad company'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 the fol-
lowing definite proposition in writing, as provid-
ed by Section Sc Of Cha pter "a of the general stat
utcs Of said State of Minnesota, that ia to say:
The said Railroad Company desires, and here
by applies for, the bonds ofsaid Town Of Leaf Rlv-
to the amount Of one thousand and one hundred
$l10o) dollars, which amount, together with the
existing Indebtedness said town does not excecd
FIVE per cent. of the taxable property therein, as
shown by the last assessment of said poperty made
for the purpose of State and County taxation, SAID
bonds to be payable twenty cay years from the
date thereof and 10 bear interest ut the rate of
five 81 per cent. per annum; the interest payable
semi-annually. and to be evidenced by coupons
attached to said bonds.
Said bonds are to be deposited with Charles
Kittlcson the State Treasurer of the State of Min
nessta. or his successor in Office. who resides at
St Paul, in the County of Ramsey, il the State Of
Minnesota, within ninety days from and after the
approval of this proposition by the legal voters of
said Town at the election in that behalf, as pro.
vided in Section 90 of said Chapter 81, and there
10 remain, on deposit with sajd custodian. in
escrow, until delivery, hereinafter provided, to
said Railroad Company.
And the said Railroad Company will, in consld-
Grafton of said bonds, lat the election Of
said Town) issue to it Eleven 81, 1907 shares
of the capital stock Of said Wadena & Park
Rapids Railroad Company, known as its common
stock which said shares at their par value. cores
pond with the principal sum of the bonds of said
Town hereby applied for.
And the said Eleven s1,l0e,) shares of
stock shall in like manner as said bondsbe de-
posted within ninety days from and after
said election, with the said Charles Kittleson the
Trea surerof the State of Minnesota, his
sor in Office in escrow, there to remain on deposit
until the delivery ofsaid bonds to the said Railroad
Company when id shares Of stock shall be dcliy-
cred to said Town.
The said bonds Of said Town and the said shares
cred by said custodian thereof to said Railroad
md TO-
said, when said line of Railroad shall have been
completed ready for the passage OF cars thereon
from the Village of Wadena, in the County DIVA.
| dena, State OF Minnesota, to said Park Rapids Of
Hubbard County, Minnesota. to be completed
| within eighteen Q0 months from June LIST, A. D.
1854, said bonds to be issued in such denomina.
lions mot less than Ono Hundred Dollars each) q
said company may in writing designate.
WITNESS the hands of the President and Secre
tary Of said Railroad Company and the corporate
seal thereof, this Both day of July A. d. 1884.
~ VIM. CROOKS
P's''. w.'s"'t 81 f' &J S:R{s; !; Co
| ~~ sec'y. Wadena & Park Rapids R. r. Co.
| AND WHEREAS said proposition has been duly
filed and Endorsed and Transcribed in the records
Of said Town by the Town Clerk thereofas provid
| ed by law:
| AND WHEREAS, there has also been duly fled IN
| the Office of said Town Clerk, staten ent in
writing in favor Of calling election to be held
by the legal voters of said Town, upon said prop.
| osition, as provided by law, signed by the Towr
| Clerk and two Of the Supervisors, and two O.
| the Justices of the Peace, together with twelve
| freeholders Of said Town.
Now THEREFORE, notice is hereby given that al
election will be held by the legal voters OF sal,
Town of Leaf River. at the usual place of holdin.
objections in said Town. to-wit: At the Schoo
house in School Dist. No. II of Wadena Co. on til,
eleventh day Of August 1854, between the hours 0
9o'elocka a. M, and O'Clock p. m, to vote upo,
said proposition of said Railroad Company.
And at said election each voter in favor of sait
proposition. will deposit ballot On which shall
he written or printed the words: "Fon TIL
| RAILROAD PRoPosIr1oN;" and each voter not il
favor of said proposition will deposit ballot o,
which shall be written or printed the words
! AGAINST TIE RAILROAD PROPOSITION"
| JAMES MILLER,
Clerk of the Town of Leaf River.
Dated at Leaf River, MINI. July Goth, 1884,