Yorkville enquirer. [volume] (Yorkville, S.C.) 1855-2006, 1886-03-04
TOWNSHIP ELECTION.
toto nf SOuth (ta Ork county.

OFFICE COUNTY COMMISSIONERS YORK COUNTY,
February 9th, 1886.
N7OTICE is hereby given to all whom it may
y concern, that at a special meeting OF inc
Board of County Commissioners for sald County;
this day held, proper petition was preseGnte1n
from majority of the freehold voters ol io'N
township resident therein, as follows:
estate OF S. CARoLINA-COUNTY OF YORK.
ro the Honorable the County Commissioners OF
York County:
The undersigned, qualified voters OF the town
ship of York, and freeholders therein, respect
fully petition:
"Ibat. in accordance with the Act of the Cen
eral Assembly incorporating the Georgetown ana
North Carolina Narrow Gauge Railroad Compa-
ny, and the several amendments thereoI' your
Honorable Body will order an election to be heid
at the election precincts in the township OF ork,
specifying the time, places and purpose OF snch @
election, and appoint managers therefor. That
at such election you will submit to the quallhed
voters of said township of York, the question OF
sum of SEVENTY-FI THOUSAND DOL
LARS to the Capital Stock of the Georgetown
and North Carolina Narrow Gauge Kailroad
Company, or such other railroad IN which the
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, Tor Kings Mountain,
\. C.)b by the most practicable route to York
Vile thence to Rock Hill, or direct to Rocky
Mount, and to be Broad or Standard Gauge 1he
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 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 SEVENTI-FlVE 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 annuIn, 10 pe
paid annually yorsemi-annually as may beaSreed
upon, at the office ofthe Treasurer of York coun-
ty, or at such bank in the City OF New YORK as
may be eagreed 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 sald
Railroad Company has accepted the said sub
scripton 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 OF the
said Board to subscribe the sum speclhed, W.:
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 sosubscrlbed,
and to have the same deposited IN q 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 Scr p 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 Rallroad
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 Black s 10 ofK,
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
laid to the line of said township, gong soutn-
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 Black'sto
Yorkville shall conform to the survey for said
road. made in December 1885, known as the di-
rect route, said Company belngf&loWeu 70 dl-
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 ID the
construction of said Railroad in York township.
Said road, when completed, to forever remain
and be operated as a 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 ana with the con-
sent of the Massachusetts and Southern Con-
struction Company, the parties constructing said
railroad.
IrIsTHEREFoRE, ORDERED, by the said Board,
that this notice and order shall be advertised IN
the YoRKvILLE ENQUIRER published IN Iork-
ville for thirty days prior to the election hereln
provided for. That the 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 salo
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 Thereon.
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
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 mo SUBSCRIPTION" 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.
Messrrs Walter II. Barron, 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 n. STEELE, Conntx
JAMES B. ALLISON, Comm;S;rs
r. w. WHITESIDES, N0'''
February ii ot
nOO WANTED