The climax. [volume] (Richmond, Madison County, Ky.) 1887-1897, 1888-04-18

ole hundred and twenty-five thousand
dollars Of said bonds are delivered to
said Railroad Company, the said lrus-
tee, or Trust Company, shall deliver
to the County Judge of Madison cuun-
iy, corresponding amount Of said
hailroad Cnmpsuy's capital stock To
6e owned and held for the use and
benefit Of Madisan county, and any
dividends declared on said stock shall
he applied towards the payment Of the
interest in said bonds, until the same
are eXiingui>hei.
Said Railroad company shall begin
work upon its said line in Madison
county within xix months from the
date Of the subscription made by said
county 10 said Railroad Company, and
shall complete its road to The city Of
Richmond within two years after said
period of six months, and shall COM
plete its road from Richmond to its
terminus at or near Beattyville within
four years from the date of said sub
scTipIion. II either of the conditions,
as TO time, Is not complied with, said
trustee, or Trust Company, shall not
deliver Ia said Railroad Company the
amount Of bonds dependent upon the
completion of the corresponding part
of the road, and la cl-e said Railroad
Company fails TO comply with either
of said conditions, a. TO time, the said
trustee, or Trust Company. shall de-
liver the corresponding amount Of
said bonds back 10 the County Judge
To be destroyed. And said Company
agrees that said line Of road shall toe
continued 10 be operated as completed.
Before said trustee, or Trust Com
pany, shall deliver any Of said bonds
To said Railroad Company, the inter
est coupons that have then matured
shall be cut off and destroyed, and if
any of said coupons have partially
matured, said trustee, or Trust Com
pany, shall enter credit thereon FOR
the part that has matured before de-
livering the same.
And said Railroad Company agrees
that the subscription need not be made
for Madison county until thirty days
have elapsed after said election.
Glib. Said Company agrees that it
will furnish sufficient cars to transport
coal TO any of its depols in Madison
county, from any point on its line. ar
extension thereof, at not exceeding
three cents per bushel of seventy-six
pounds, and that il will furnish sufIi-
cient cars 10 transport lumber, iron and
stone from any point on it, line or
extension thereof to any Of its stations
in Madison county at not exceeding
four a. cents per hundred pounds, and
slack coal at not exceeding $1,000 per
car Of $4,000 pounds and further
agrees that there shall be no discrimi-
ton against frtights destined To orig
mating at any of lis stations in Mad
ison county and if it shall violate
any part of this agreement, the persen
injured thereby shall have a right of
action against the company therefor,
and any judgment so obtained shall
be a lien prior to any incumbrauce
that may hereafter Ice placed upon the
road and this company further agree
That they will not employ convict
labor in building said road throughout
Madison county.
7th. II is therefore ordered that the
Sheriff IF Madison county shall open
a poll at the several voting places in
this county, on the 2SIh day of April,
1883, for the purpose Of taking the
SENSE OF the legal voters of said
county aS 10 whether or not the
aforesaid proposed subscription shall
be made to the capital stock of
said railroad company, Of which poll
and election said Sheriff shall give
notice 10y having this order published
in each of the county papers for, al
least, two ISSUES 81 said papers, imme-
diaiely preceding said day of election,
and 10y posting printed hand-blls OF
this order at the Courthouse door in
Richmond, and in one or more public
places in each election district OF this
coun y, for at least ten days prior Ia
said election. Officers shall be appoint
ell 10 hold said election and make
return thereof to the County Judge
a. in case of ordinary elections, and
the County Clerk shall provide there.
with poll books in which the vote,
shall he recorded for the railroad sub
scription and against fine railroad sub
scriminn.
a Copy-AtteSi:
THos. THORPE, c. NJ. &C.
By J. S. THORPE, d. {. VI. {. c.
Pursuant to the above order Of thC
Madison County Court a Toll will b,
open aud an election held at the sew,
eral voting places ia Madison county
on the 2Sth day Of April, 1883.
y. b. DEATHERAGE, ) NJ. c.
April 5, 1888.
This order protects the county, anC
/ there is no chance to deiraud the people
! by commencing The road and then get In,
bonds Of the county, and fail TO cOmp!et,
/ the road. Not bond is 20 be delivere,
until cars are running to Richmond an,
road bed graded to Esii.l county line. n,
/ road, 10 pay.
The proposition is a liberal one Thu
road goes through the county, and through
that part which has not heretofore had
railroad. Depot stations and cattle pc.
every FIVE miles. When the road is com
! D eted one million bushels Of coal will b
/ consumed in Madison county, and at pres
ent prices this would cost from $I3Ooo
to $4,000 BY this road the same Goa
will cost only $4,000
Another market will be given for on
wheat, tobacco. hogs and cattle, and com
petition will reduce freights. This wi
help the farmer. giving him more for h:
produce and stock, and less freight {
market. The largest shipper OF hogs i
the county says that this road viii insur
to the farmers from 20 to 90 cents NOR
per hundred for their hogs. and that from
10000 TO 1000 hogs are shipped yearl
from Madison county. This will give {
the farmers for their hogs from S. 900 {
$4,000 more per year
Competition will make freight on Gait
] lee hx ~ Least e % ner car There q 2