Yorkville enquirer. [volume] (Yorkville, S.C.) 1855-2006, 1886-02-25
TOWNSHIP ELECTION.
,tata Of SOuth CarOlina...fOrk County.

Orr1cE Co1,SrY COMMISSIONERS YORK COUNTY,
February 9th, 1886.
NOTICE is hereby given to all whom it may
concern, that at special meeting OF the
Board of County Commissioners for said County,
this day held, proper petition was presented
from majority Of the freehold voters OF YORK
township, resident in said county, as follows:
STATE OF S. CARoLINA-CoUNTY OF YORK.
To the Honorable the County Commissioners or
York County:
The undersigned, qualified voters OF the town
ship of York, and freeholders therein, respect
fully petition:
''That, in accordance with the Act of the Gen
eral Assembly incorporating the Georgetown and
North Carolina Narrow Gauge Railroad Compa-
nv and the several amendments thereof your
Honorable Body will order an election to be held
at the election precincts in the township of ork,
specifying the time, places and purpose OF such
election, and appoint managers therefor. That
at such election you will submit to the qualihed
voters of said townshipof York, the question of
subscription by said township Of York, Of the
sum of f'SEVENTY-FIVE THOUSAND DOL
LARS to the Capital Stock of the Georgetown
and North Carolina Narrow Gauge Railroad
Company, or such other railroad in which the
said Georgetown and North Carolina Narrow
Gauge Railroad may be embraced or form
part; IN SEVEN PER CENT. COUPON
BONDS, payable twenty-five years after the date
thereof: the funds realized from said Bonds to
be expended exclusively in the construction Of
said Railroad from Blacks, Tor Kings Mountain,
n. Co. by the most practicable route to York
vile thence to Rock HILL or direct to Rocky
Mount, and to be Broad or Standard Gauge The
Bonds to be executed and delivered under such
further conditions as may be agreed upon be-
tween the County Commissioners, as agents
of the said township of York, and the said
Railroad Company"
And after duly considering the same, resolu
ton was adopted to submit to the qualified
voters of York township, at an electonto to be held
AT YORKVILLE, in said township, the ques-
ton Of subscribing to the capital stock OF the
Charleston, Cincinnati and Chicago Railroad
Company formerly called the Georgetown and
North Carolina Narrow Gauge Railroad Com
pany) the sum Of SEVENTY-FIVE THOUS-
AND DOLLARS by said township, in coupon
bonds of said township, of the denomination of
one hundred and five hundred dollars, to be
due in twenty-five years from the date of their
issue said bonds to bear interest at the rate of
seven per centum per annum, to be paid annually
at the office of the Treasurer Of York county, or
at such bank in the City of New York as may be
agreed upon between the parties, that is to say,
the said Railroad Company and this Board as
representing said township. And it is condl-
toned that said bonds shall be delivered in
exchange at par valuation, for an equal amount
OF the stock of said railroad company in the fol-
lowing manner, that is to say
That when the said Railroad Company shall
notify the Chairman of this Board, that the said
Railroad Company has accepted the said sub
scrption to the capital stock aforesaid, upon the
notice by the County Commissioners, as Agents
Of said township then it shall be the duty Of the
said Board to subscribe the sum speclhed, VIZ.
SEVENTY-FIVE THOUSAND DOLLARS, to
the capital stock ofthe aforenamed Railroad Com
pany, and to superintend and direct the execu-
ton and engraving of said bonds so subscribed,
and to have the same deposited in Trust Com
pany, acceptable alike to the said Railroad Com
pany and to the said Board of Commissioners
and thereupon the said Railroad Company shall
deliver to said Trust Company for the County
Commissioners, as Agents Of said township,
Certificates of Stock of said Railroad Company,
or authenticated Scrip representing said stock,
to the full amount of said subscription.
But it is expressly provided that said Bonds
shall not commence to bear interest until dellv-
cred by said Trust Company to said Railroad
Company; and they shall not be delivered to
said Railroad Company except in the following
manner, and upon the following other condi-
tions
The bonds representing the sum subscribed,
shall be delivered to said Railroad Company in
pro rata parts as said road, OF standard or Droad
gauge, shall be completed, with track laid as
follows viz: When the track is laid and the rail-
road is in operation from Blacks to Yorkvllle,
fifty thousand dollars, par value of said bonds,
shall be delivered by said Trust Company 10 said
beyond the line of said township, going South
ward, the remaining twenty-five thousand dol
lars of said bonds shall be likewise delivered,
and scrip or stock shall be delivered by said
Trust Company to correspond in amount OF
bonds delivered aforesaid Provided, howeV-
er that the line Of said Railroad from Blacks to
| Yorkville, shall conform to the survey for said
| road, made in December, 1885, known as the dl-
rect route said Company being allowed to dl-
verge Southwest of said line not more than two
miles from anv point thereon, and'-Northaeast Of
said line not more than four miles from any
point thereon, if deemed necessary by said Com
pany. Provided, further, That the proceeds OF
the bonds so subscribed shall be expended In the
| t;o,, 6 cold Poi1 in
Said road, when completed, to forever remain
and be operated as a public highway through said
township and county. Prootded, Jarther, mat
said Charleston, Cincinnati and Chicago Rail
road Company shall have no control over the
bonds so subscribed except by and with the con-
sent of the Massachusetts and Southern Con-
struction Company, the parties constructing SAID
railroad
IT'S THEREFORE, ORDERED, by the said Board,
that this notice and order shall be advertised in
the YoRKvILLE ENQUIRER, published in York
Vile for thirty days prior to the election herein
provided for That tie polls be opened and that
an election be held at Yorkvile election precinct
in said township on SATURDAY, the 18th day OF
MARCH next, at which said election the electors
Of said township may vote for or against said
subscription, pursuant to the laws governing
general elections, under managers duly appoint
ed and qualified to conduct and hold said cleo
ton and to make returns of the results thereof.
At said election all persons voting who shall
favor the proposal to subscribe to the capital
stock of said company as herein provided and
conditioned, shall vote on written or printed
on and all persons voting who may oppose said
proposal to subscribe, shall vote on like ballot
with the words "NO SUBSCRIPTIONS thereon.
And if it shall appear from the return OF said
election that a majority of the qualified voters
of said township have voted in favor of said sub
scription, it shall be the duty of said Board of
Commissioners to make said subscription as
herein provided.
IN I'll, L. nofao md
J. Robert Lindsay, are hereby appointed man
ayers to hold said election. They will make their
return OF said election to this Board, at York
Vile, on Monday, the 18th day of March next, at
II O. clock A. NJ.
JOSEPH n. STEELE, countv
JAMES B. ALLISON, con,mi:,r 20
r. w. WHITESIDES, 0o"''''' ''
February II 9t