Press and daily Dakotaian. (Yankton, Dakota Territory [S.D.]) 1880-1889, 1888-02-07
oMAHA& YANKroN.

Further Proceedings of the Douglas
County Board of Trade Relative
Thereto.
Omaha Bee, 9th: The county COM
sioners waited until 4 o'clock yesterday
afternoon with the expectation of re-
ceiving CALI from the representative.
of the Omaha, Yankton g. Northwestern
roilroad in reference to the proposition
submitted by the board some days age
for the voting of 100000 IN county
bonds to aid the enterprise. But no one
came, and at that hour Chairman O'Keefe
called the board TO order and the mem
bers settled down to the transaction Of
routine business.
The protest of the Omaha, Yankton
d Northwestern railroad heretofore
priaied In the Bee was read and placed
on file.
The following resolution offered by
Mr.. Okeete was read, MIR. Oorriegr
moved as an amendment that that por.
lion OF the resolution relating to the
shops and depot read zone and one-hali
mile from the United States building >
Later he withdrew his amendment, and
the resolution was referred to the COM
mlttee of the whole to report back OF .
o'clock Monday afternoon:
Resolvcd, That the following prop.
ositlon to vote bonds to the Omaha
Yankton & Northwestern to aid in the
construction of line of railroad, bs
submitted to the electors OF Douglai
county as hereinafter provided, provided
however, that the said Omaha, Yanktou
Il Northwestern railway accept the
terms OF the proposition within ter
days from this date. And if the prop.
osition ia accepted by said railway com.
pany, then Immediately after said &C
ceptsnce an election shall be called az BY
law in that behalf, provided, and The
said proposition be submitted to thu
electors of said county. And be il
further
Rassossgets, il the sa;5 Omaha
Yankton Il Northwestern railway fail tc
accept seid proposition within ten days
then the said proposition shall be anG
remain until further order of the board
open to any and all parties to accept the
same, and Immediately upon the accept
snce of said proposition by responsible
parties an election shall be called AND
the SAID proposition shall be submitted
to the electors of said county to vote aic
in the sum OF $500, 600 to the parties thu
accepting the proposition and sale
parties first accepting said proposItio,
shall be the parties in whose favor i
shall be submitted to the electors, tha
is to say: Proposition for railroad bopds
in the sum of 100000 to aid in the con-
struction of the Omaha, Yankton {
Northwestern railway and to provide
tax in payment thereof.
Resoloed, That by virtue OF th,
authority IN us vested by the laws o
the state of Nebraska in that behal
provided, special election be held il
the county Of Douglas in the state o
Nebraska, on the --th day of -, 1885
for the purpose of submitting to th
legal voters of said county the followin,
proposition, to-wit:
Shall the bonds OF the county of Doug
les, in the state of Nebraska, to th
amount of 100000 be issued to aid il
the construction of the Omaha, Yanktol
& Northwestern railway on the following
terms and conditions, that is to say:
Said bonds to be made payable twent
years after the date thereof. but redeem
able after - years at the option c
said county, as provided by law, TO dra,
interest at the rate OF 5 per cent pc
annum, payable semi-snnually wit
interest coupons attached, the sal
bonds to be executed, issued and de
livered to the said railway company i'm
mediately upon the completion OF th
construction of the work, as hereinafte
set forth.
Ii at ssid election said electors OF sai
county shall vote in favor OF said bonds
and authorize the issue thereof, the
the said railway company shall, within
reasonable time after said election, com
menoe the construction OF said road, an
within two years after the date OF sal
election shall have constructed, com
pleted, equipped and have in actua
operation $50 miles of eiugle trac
STANDARD gauge railroad, and freieb
and passenger depots within the sal
city limits, as hereinafter stated.
The line of said railway shall com
mence within the corporate limits of th
city OF Omaha and within one mile {
the present United States court hous
building, at the intersection of Fifteent
end Dodge streets in said city, and To
point OF beginning running in north
! western direction.
The said line OF railroad shell be q
entirely new line and new right of wa,
from the point of beginning.
The headquarters of said railway con
pany, itf passenger and freight depo,
shall be located and maintained With
the corporate limits Of the city OF Omah
snd within one mile of the preser
United States court house buildin,
located at the intersection OF kiftee
and Dodge streets of said city, and
shall have It's principal shops witt
in the corporate limits of said cit
And further shall tax be levied annua
| ly not to exceed two mills on the doll,
for the interest of said bonds as il b
comes due, and an additional tax
levied and collected to pay the princip
Of said city bonds when they she
become due, provided that no more thf
10 per cent of the principal of said bon,
shall be collected in any one year.
Resolped, further, that the foregoir
touestions and propositions, togeth
with the time when the place where su,
Questions will be voted upon, and Il
form IN which the question shall
taken, shall be published III said Dougl
county, and copy OF the question to
submitted to be posted up at each pla
| of voting during the day OF said electio
in all respects as by law in that beh,
i provided.
| Reaolped, further, that in counting
votes uBon SAID election all votes "ye
shall be deemed in favor OF and shall
counted for the proposition upon viii
said vote is cast, and sllvotes Emo" "
be deemed opposed TO ard count
against the proposition upon which %
| ,goba ip caat