Yorkville enquirer. [volume] (Yorkville, S.C.) 1855-2006, 1886-03-11
TOWNSHIP ELECTION.
State Of South Carolina-..fOrk County.

State of South Carolina...YOrk County.
OFFICE COUNTY COMMISSIONERS YORK COUNTY,
February 6th 1886.
NOTICE is hereby given to all whom 1t may
~ concern, that at special meeting OF the
Board of County Commissioners TOR salo Ioun.y;
this day held, proper petition was presented
from majority Of the freehold voters OF YORK
township, resident therein, as follows:
estate OF S. CARoLINA-CoUNTY OF YORK.
To the Honorable the County Commissioners OF
York County:
The undersigned, qualified voters OF the to"n-
ship of York, and freeholders therein, respect
fully petition: .uc
'That, in accordance with the Act Of the Gen.
eral Assembly incorporating the Georgetown ana
North Carolina Narrow Gauge Rallroad Compa-
ny, 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. Ihat
at such election you will submit to the qualified
voters of said township of York, the question Of
subscription by said township of York. OF the
sum of fSEVENTY-FIVE THOUSANDSDOII-
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 q
part IN SEVEN PER CENT. COUPON
BONDS, payable twenty five years after the date
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. me
Bonds to be executed and delivered under such
further conditions 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.
o6o tod IN
voters of York township, at an election to be held
AT YORKVILLE, in said township, the cues
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, five hundred and one thousand
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 or orsem-annually as may be agreed
upon, at the office ofthe Treasurer OF ork coun-
tv, or at such bank in the City of New York as
may be agreed upon between the parties that is to
saw. 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
terms and conditions specified in this order, and
notice by the County Commissioners, as Agents
of said township) then it shall be the duty or 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 delv,
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 broad
gauge, shall be completed, with track laid as
follows, viz When the track is laid and the rail-
road is ready for operation from Blacks to ork.
vile, fifty thousand dollars, par value OF SAID
bonds, shall be delivered by said Trust Company
to said Railroad Company and when the track Is
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 as 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 a.
rect route, said Company being allowed TO d.
verge Southwest of said line not more'than TWO
miles from any point thereon, and Northeast 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
construction of said Railroad in York township.
Said road, when completed, to forever remain
and be operated asa public highway through said
township and county. Provided, further, That
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 is 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 the polls be opened and that
an election be held at Yorkvlle election preclnct
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 ana nold saiu elec.
ton and to make returns Of the results Thereon:
At said election all persons voting who shal!
favor the proposal to subscribe to the capital pdn
stock of said company as herein PROVIDED ana
conditioned, shall vote on written or printed
ballots with the word SUBSCRIPTION" there
on and all persons voting who may oppose said
proposal to subscribe, shall vote on like ballot
with the words "NO SUBSCRIPTION" thereon:
And if it shall appear from the return OF said
election that a majority of the qualified voters
of coi6 pShi n ha favor
scription, it shall be the duty Of said Board of
Commissioners to make said subscription as
herein provided.
Messrs. John Caldwell John F. Oates and
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
IL o'clock A. NJ
JoSEPH I'! n. STEELE Tt;dE' County
r. w. WHITESIDES,
February II 5t
IND I'D NTINC