The Mankato free press. [volume] (Mankato, Blue Earth County, Minn.) 1879-1924, 1886-09-10
THE CANNON VALLEY ROAD.
Only $4,000 Asked for Right-of Way
ana Depot Grounds

Some weeks ago, as most of our pcO-
pie know, Il committee of three from the
city council and a like number from the
Board of Trade was appointed to nego-
tiate with President Hatch, regarding
the construction of the Cannon Valley
INTO Mankato. Since the time of the
selection of these gentlemen, they have
labored most industriously to ascertain
to Il certainty whether or not the road
would he built here without aid by our
citizens, and they were convinced some
days ago that right-of-way and depot
giounds mast be furnished. by dint OF
hard work they have succeeded in get
ting the refusal of property for depot
grounds near the Gas Works, together
with right-ofway from the corporate
limits, for the small sum of 81, 600. Thus
we are assured of the Cannon Valley road
for this small sum, and the road, if the
bonds are voted, will be built into the
city before cold weather.
The council held special meeting
Wednesday night and passed the follow.
ing resolution:
That there shall he submitted 10 the vote OF
the qualified electors of the city of Mankato, Tues
day. the 2lst day OF September, 1ssSG, the follow.
ing proposition towt:
That the city OF Mankato Tor the purpose Of aid
ing the Wisconsin, Minnesota and Pacific Rail
way Company, in extending its railroad into said
city, issue Ia the said Wisconsin, Minnesota and
Pacific Railway Company, bonds of the sad city
of Mankaio IN the sum OF Five Thousand do lars
in such denominations, not LEES than Five Hun
drcd dollars each. a. the Common Council Of tn,
raid city may direct, with proper interest coupons
attached, payable in the city of New YO:k, TWEEN
" years after date, drawing interest at rate moi
exceeding six 7 or cent per annum, payable scmi
annuai !, on the first day of July and January Of
each year. Provided, however, that said bonds
shall not be issued or delivered to the said raj
way company, except upon the following Condi
tons, 10 wiz: That the said railway company
shall, before the LIST day of June, 1887, build
extend and complete its line OF railroad from III
present terminus in the township of Mankato in
Blue Earth county, into the said city of MankatO
and shall have the came completed and in opera
ton for the transportation OF passengers and
freight, and shall also, by the said LIST day OF
both for passengers and freight, at a point on OF
soulhcrly OF Rock street, in the said city.
That the above and fore going proposition shall
be- Submitted to the qualified electors of the said
wafds OF ne sm ely, -. ~ aa,iua raraa q,
holding elections therein, ut an cIcciion To be
held in the said city on The 2lst day OF Sep;cm
her, 1856. And nj such election all votes upon the
question of the issuing OF such bonds shall he by
ballot. All persons desiring to vote in favor OF
the issuing of said bonds, as m the above resolu
lions provided, shall have written or printed up
on their ballots the words: For Railroad bonds
Yes. And those desiring to vote against the issu
ing of said bonds shall have written printed
on their ballots the words: Railroad Bonds No