The Wheeling daily intelligencer. [volume] (Wheeling, W. Va.) 1865-1903, 1888-01-12
Saturday, the Alb Dayof February, '88.

II such vote GhAll DO In tAVor OF such AppropriA-
ton, any subscription thereof by this Board, or It'd
agent, shall be upon the terms and conditions fol
lowing: The said sum Of THREE Hundred Thousand
Dollars GhA be subscribed 70 the capital stock OF
the wheeling q Harrisburg Railway Company Of
able &c follows: Fifty th0uSand dollGrs when at
least one hundred thousand dollStB shall have
been extended by the railwSy company in tho
construction Of the egidge Aforesaid, and hiiy
thousand dollars shall have BEEN expended by the
hallway company In the purchase and construction
OF terminals Aforesaid In the county Of Ohio. The
second Fly nSSsn6 nnIsI t shS PC pA b wren zen
pended BY the hallway company In the coBStruc.
ton Of the said bridge, and one hundred thouSaud
dollArs shall have been expended by the hallway
company In the purchase and construction Of the
terminals Aforesaid In the county OF Ohio The
third City th0usRnd doll9Is shall be paid when
three hundred thousand dollars shall have been
expended by the railway company In the con.
StructIon Of the Iaid bridge, and one hundred and
Aity thousand dollars shall have been extended
by said railway company In the purchase and con.
stluCtlon OF the terminals Aforesaid. The fourth
dity IhouyAnd dollArs shall be paid when four
hundred thousand dollars shall have been expend.
ed By the railway company In the construction Of
the said bridge, aud two hundred thousand dol
lars shall have been expended BY said railway
company III the purchase and construction OF the
terminals aforesaid. The remaining ono hundred
thousand dollars shall DO paid when said bridge
and tunnel shall have been complete, and whtn
the state Of Ohio shall have been CONSTRUCTED
ready for the passage Of tIains or shall, In the
judgment Of the Board Of Commissioners, be so
lar advanced In construction as 70 practically as
sure it, completion, and when the sum OF three
hundred thousand dollAnB shall have been ex-
pended in the purchase and construction oil such
PRoyIDKD, That II the construction OF the sid
bridge and railroad from the said bridge 10 Bowers
ion, Ohio, shall not be in good faith commenced
within eight months from the date Of the making oil
such subscription, II II be authorized or being com.
monced. shSll not DO completed, and have cars
running over the said railroad and bridge into the
county Of Ohio and the city Of Wheeling, within
four years from the date OF making such bubScrip.
ton, and such further time Is may be rendered
necessary by litigation which could not reasonably
beavolded, then the said Board shts be at liberty
70 withdraw GS 70 any part OF the subscription o.
three hundred thousand dollars which may not
have become payable under the terms OF thlS Ordl-
nance, and II Eaid subscription be authorized, the
said railway company shall accept or decline the
said subscription within thirty dR! the same
may be offered by the Board or It's agent But the
Board Of Commissioners may, for good cause shown,
extend the time for the commencement or COM
shall 6tipulRte on behalf Of the Wheeling
& Harrisburg Railway Company Of West Virginia,
and Tvs successors, that any and every railroad
heretofore or hereafter constructed shall have tho
right 10 connect It's tracks with tho tracks OF said
railway company extending over said bridge aud
the approaches thereto, Rnd TO transport Its rRinS
over said bridge and approaches, upon paying com
pensation therefor, under such reasonable reRulR.
tOuS and on such reasonable Terms as said railway
company shall prescribe: and that said railway
company, or It's SUCCESSORS shall transport all cars
or freight and passengers, over said bridge aud
over said terminal tracks In the city Of Wheeling
and Benwood, III said terminal system Is extended
TO the latter point and the charge for transport
Ing any freight car upon or over said terminal Bs
TEN shall not exceed two dollars per car and said
railway company shall permit the Aforesaid use OF
It's tracks and perform tho Aforesaid services for
any and every railroad now or hereafter built into
the said city Of Wheeling, or Benwood, or Martins
Ferry, without discrimu elthoc as 10 charges
for like privileges or service, or as TO the manner
Of performing such service.
PROVIDED, Said railway company. or Its success.
sons, shall not ha required 10 transfer any freight
car upon or over It's terminal system for any rail-.
road company which shah not perform a like scr.
vice upon or over Its track In the city Of Wheeling
or Benwood, or Martins Ferry, for said railway
company or its SUCCESSORS at like chaTRe for like
service. The stock TO 10 issued under said sub
Bcription shall, II the said Board Of Commissioners
elect, at the time OF making the subscription, DO
made preferred stock, TO the effect that ten per
cent Of the net earnings OF said railway company,
after paying operating expenses, maintenance,
taxes, interest, and necessary Improvements,
shall be applied 10 the redemption and Telire'
ment OF said stock At par. Tho said election
shall be held by the following named Commits
sIoners, who are hereby Hppoind for that purpose,
that Il 70 say;