Yorkville enquirer. [volume] (Yorkville, S.C.) 1855-2006, 1886-02-11

received in any amount from one hundred dol
lars upward BY order Of the Board.
JAS. B. ALLISON, Clerk.
February II If
TOWNSHIP ELECTION.
OFFICE COUNTY COMMISSIONERS YORK COUNTY,
February 9Th, 1886.
NOTICE is hereby given to all whom it may
Y concern, that at a special meeting OF the
Board of County Commissioners for said County,
this day held a proper petition was presented
from majority Of the freehold voters Of York
township, in said county, as follows:
estate OF S. CARoLINA-CoUSTY OF YORK.
TO the Honorable the County Commissioners Of
York County:
The undersigned, qualified voters of the town.
ship of York, and freehoders therein, respect
fully petition:
"That, in accordance with the Act of the Cen
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 York,
specifying the time, places and purpose of such
election, and appoint managers therefor. That
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 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 q
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, (or 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
~l,%o fol Il alt ct,n1
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-
ton was adopted to submit to the qualified
voters of York township, at an election 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 cOndi-
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 townshp) then it shall be the duty Of the
said Board to subscribe the sum specified, viz. :
SEVENTY-FINE THOUSAND DOLLARS, to
the capita! stock Ofthe afOrenamed Railroad Com
pany, and to superntend and direct the execu-
ton and engraving Of said bonds so osubscrbed,
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 deliv-
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
lOllOWS, VIZ. w ueIl tuc dll(l Tdll-
road is in operation from Blacks to YOrkville,
fifty thousand dollars, par value of said bonds,
shall be delivered by said Trust Company to said
Railroad Company and when the track is laid
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 as aforesaid. Provided, howev-
err that the line Of said Railroad from Black S to
Sn0 cha11n fI,ac fNr l,nI
road, made in December, 1885, known as The di-
rect route, said Company being allowed to di-
verge Southwest of said line not more than two
miles from any point thereon, and North-e east of
said line not more than four miles from any
point thereon, if deemed necessary by said Com
pany. Provided .fu1ther 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 as public highway through said
township and county. PrOUided, Jmrther, 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.
ITIsTHEREFoRE, ORDERED, by the said Board
that this notice and order shall be advertised in
the IoRKvILLE 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 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 Oh written or printed
ballots with the word "SU there