, 1888-04-12
SEATTLE AND LAKE SHORE.

VT Ehb
The REVIEW gives below the articles
Of agreement which were drawn up by
the Board of Trade committee and the
representatives OF the Seattle Lake
Shore and Eastern railroad company,
and which will constitute the basis OF
stock subscriptions to that road by the
citizens of Spokane Falls.
Whereas, The undersigned sub.
scribera, residents Of the city of Spo-
kane Falls, are desirous of having the
Seattle Lake Shore and Eastern Rail-
way company begin the construction
at an early day. of a forty mile divi-
sion of its railway, from Spokane
Falls westward, and grade the same
ready for ties and rails, on or before
the 10Th day Of October, 1888, and
have the rails laid and said division
ready for operation on or before Dec
ember 1st, 1888, and
Whereas, ID. II. Gilman has sub
scribed for, and is the owner Of one
thousand seven hundred and fifty
shares of the capital stock of the said
Seattle Lake Shore and Eastern Rail-
way company, the payment of which
subscription has not yet been called
for by the company, or paid by said
Gilman.
Now, in consideration OF the preml-
ses, it is mutually agreed as follows:
The undersigned subscribers severally
agree to pay into the treasury of the
Seattle Lake Shore and Eastern Rail-
way company, the sum of money set
opposite their respective names, pay
able as follows to-wit Ten per cent.
thereof within five co. days from the
commencement of construction of
said division: Twenty (2O) per cent.
there OF when either twenty COY mile
section OF said division shall be graded:
Twenty (2W per cent thereof when
the remaining twenty Coy twenty
mile section of said division shall be
graded, Twenty-Five (25) per cent.
thereof when the rails are laid upon
the first twenty (2O) mile section, and
the remaining (25) per cent. when the
rails are laid on the remaining twenty
(20) miles and the said division of the
road is ready for operation.
And the said b. II. Gilman, on
his part agrees that upon
the full payment OF the amount sub
scribed by each of said subscribers, to
transfer to such subscriber, shares OF
the capital stock OF the Seattle, Lake
Shore & Eastern Railway company,
which, at their par value, shall equal
in amount the subscription so made
by such subscriber, and the Seattle,
Lake Shore e. Eastern Railway COM
pany shall accept the payments OF the
subscribers, when made rs aforesaid in
full payment of said capital stock,
and the same shall thereafter be, and
be treated as full paid capital stock OF
the company. And the said Seattle,
Lake Shore & Eastern Railway COM
pany further agrees to commence the
construction of said forty mile division
of railway within thirty days after the
sum of $175 600 has been subscribed
herein, as aforesaid, by responsible
citizens of Spokane Falls, and shall
thereafter complete the grading of ut
least forty miles of the Seattle, Lake
Shore & Eastern Railway from Spo-
the 18th day of October, 1888, and
shall have the rails laid thereon and
the road in operation on or before De-
cember lst, 1888. and it is further
agreed that the City of Spokane Falls
shall be the end of a division of said
railway, and said railway company
shall erect machine and repair shops
at the said City of Spokane Falls as
soon as the business of the railway
shall require it.
The executive officers of the Board
of Trade met yesterday and appointed
the following named gentlemen 10 So
licit subscriptions to the required
amount of stock Of the Seattle, Lake
Shore & Eastern railroad:
General Committee-E. B. Hyde, j.
ID. Sherwood, II. Bolster, A. II. Clark,
Eugene Fellowes, Lane @. Gillian. AL
so the following subcommittee by
wards:
FIRST .Tull, Fred Furth
and w. II. Taylor.
SECOND WARD-A. j. Ross, James
Monaghan and Del Lashier.
THILD WARD-Hiram Muzzey, ID. p.
jenkins and Walter E. France.
FOURTH WARD--George Lauman, G.
M. Patterson and #. p. Hogan.
The above named gentlemen will
canvass the city at once and we hope
they will meet with overwhelming sue
cess.
Work was begun yesterday evening
with fair success. Let it be pushed.
The gentlemen composing these COM
mittees will meet at the Office of II.
Bolster d Co. this afternoon at A
o'clock.
A Foul Murder.
A foul murder was committed yes
landau Al.o irna nE Mr