Semi-weekly south Kentuckian. [volume] (Hopkinsville, Ky.) 1883-1889, 1888-10-26
The 0. v Proposition.
A Subsidy of 100000 is
Asked Of Christian
County.
The Vote to 30 Taken on Satur-
day, November 10th.

! mOnWedltn Oh henluChlI apPlO'Ou
18th of March, 1871, and the several
amendments thereto, proposes to ex-
tend its railway to and through
Christian county, and by order of its
board of directors respectfully re-
, quest your honorable court TO sub
nit to the qualified voters of Chris
tian county, Ky, at an election to be
held under and in accordance with
the act of its Incorporation ON the
10th day of Nov. 1888, the question
whether or not the said county shall
subscribe for two thousand (2,OOO)
share of one hundred (Sl0O dollars
each to the capital stock Of the Ohio
Valley Railway Company on the fol-
lowing terms and condition, viz:
| Fnst-The amount Of the said sub
scription, at the option of the trus-
tees to be appointed as provided in
the next succeeding clause, may be
paid either in money, or in bonds OF
the county of Christian Co., at par,
but ifpaid in bonds they shall besuch
bonds as are authorized and provided
for, in the act of the legislature OF
kentucky before mentioned, and to
bear interest at the rate of six per
centum per annum, payable semi
annually.
iSecond-The bonds that shall be
issued under this proposition in pur-
suance of the said act, shall be placed
in custody of L. p. Campbell, presi-
dent of the Bank of lIopkinsville;
Lucien Jones, president of the City
Bank, and S. L. Trice, president of
the Planters Bank, of IIopkinsville,
or of the presidents for the time be-
| ing of the said banks as trustees. The
said trustees shall have the authority
to negotiate the said bonds at not less
than par, and TO receive the money
therefor, If they shall determine to
pay said subscription in money. Aud
in that event such bonds may bear
interest at any rate not exceeding six
per centum per annum. The county
of Christian shall have the right to
redeem said bonds at any time after
five years from and after their date.
The said trustees shall pay to the
Ohio Valley Railway Company the
amount of said subscription either in
money or in the bonds of the said
county, as authorized by the next
preceding clause when the said com
pany shall have built, constructed
and completed the main line of its
railway directly and continuously,
and run train of cars over the same
from the town of Princeton, in Cald-
well county, Ky, to the city of Hop
kinsville, Christian county, KY, and
shall have executed to the County of
Christian bond with good security,
guaranteeing the completion, within
the time hereinafter prescribed, OF
the said railway from the city of
Hopkinsyille to the Tennessee line in
the general direction of Florence,
Ala, or shall have deposited with the
said trustees one hundred thousand
dollars of the first mortgage bonds of
the said company (Which shall be for
the use and benefit of the said coun-
ty of Christian) as such guarantee,
which bonds shall be forfeited to the
county If said railway shall not be
completed through the county within
the time herein prescribed.
| Thrd-The work of constructing
the said road between the town of
Princeton and the city of Hopkins
/ vile shall be commenced within sixty
days after the said subscription shall
have been made, and bonds issued
and placed in the hands of the said
trustees and the said railway shall
[ be completed and in operation be-
tween ssid points within one year
from said time and it shall be com
pleted and in operation from Hop
kinsville TO the Tennessee state line in
, the direction aforesaid as soon thereaf-
ter as practicable and within the per-
iod of three (3) years from its COM
pletion to HopkinIville. The said
railway shall be standard gauge and
/ equal in all respects TO the character
of said railway between said town
of Princeton and the city of uender-
son, Ky. And on the completion oil
said railway through the county oil
: Christian in accordance with the
terms of this proposition the said
guarantee shall be cancelled or the
bonds deposited with said trustees al
herein above provided for, shall be
returned to the said company.
F'ourth-In the operation of the
: said Ohio Valley Railway, whether
! by the said company or by any sue
cessor thereof in the ownership, man
agement or control of the same and
whether the same shall be operated
singly or in connection with other
} roads in or out of the state of Ken.
4 lucky, or as a part of through OF
, trunk line extending beyond the
limits of the said state of Kentucky
j the same benefits and advantages
5 shall be allowed to the city of Hop,
. kinsville as point on said road fol
the shipment or consignment of all
kinds of freight, and to the commerce.
trade and traffic of said city, in re.
.pect of freight charges, as if the
said city were terminal point, and
no determinations shall be made
against the SAID city in respect OF
charges for freight shipped thereto oil
, therefrom on said railway and in IA
vor of any other point on said rail.
way or it's connections.
FVh.-If the Louisville IL Nash
, vile Railroad Company, or any sue
/, cessor thereof, or any other person,
corporation or company who shall
own, control or operate that part OF
the system of Louisville Il Nashville
Railroad Company, now extending
into and through the county ofChris-
tian; or which shall hereafter be
built or extended into or through said
county, shall in any manner, or by
any device whatever, within thirty
years from the date of the said
subscription for stock by or on behalf
of said county, secure the ownership,
possession or control of the Ohio Val
ley Railway. the said Ohio Valley
Railway Company, its successors or
assigns, shall pay or refund to the
said county the face value of the bonds
that shall be issued by the said coun-
tv and delivered I'm naVmpnt of said