Semi-weekly south Kentuckian., 1888-09-18

! To the hor orable county judge anC
' justices Of the peace of Christian
{ county, Kentucky, sitting as 1
r court in said county, for the pur
pose here in:
The undersigned, a cooperation or
ganized under the laws of Kentucky
and by virtue of the powers invested
in them by an act of the Legislature
of Kentucky for hatpurpose, respect.
fully request your honorable body
to submit to the qualified voters o.
the county of Christian, state of Ken
tucky, at an election to be held on q
day to be fixed by you, not less than
twenty nor more than sixty days af-
ter the order, therefore the question,
whether you shall, for and on behalf
of said county of Christian, subscribe
to the capital ctock of the Cairo &
Tennessee River Railroad Company
the amount of two hundred thous-
and dollars in full for the amount of
stock in said company hereinafter
men toned upon the terms and con-
ditions hereinafter set out, to wit !:
The sum subscribed to be paid in
the bonds of the county of Christian
with coupons. attached, under the
seal Of the county, signed by county
judge and countersigned by the clerk,
and the coupons to be signed by the
clerk alone, negotiable and payable
in the city of New York at any bank
this company may direct, or at any
bank in the city of Hopkinsvllle as
said company may direct, thirty years
from the date, but redeemable at par
and accrued interest, at any time af-
ter five years from their date, at the
option of the said Christian county,
bearing interest at the rate of five per
cent per annum, payable semi-annuil-
ly, said bonds to be in denomination
of not less than one hundred nor more
than one thousand dollars. In con-
sideration of the preparation and
delivery of the SAID bonds Of
the said railroad company, the
county of Christian aforesaid, shall
receive from the said railroad COM
pany certificates Of shares in its cap
ital stock TO the amount of two hun
dred thousand dollars and the said
company hereby binds itself to pre-
pare and deliver them to the said
county of Christian. But it ID un-
derstood and agreed to by ssid rail
road company that the said county
of Christian shall not be bound to
issue any bonds as provided for
herein until the said railroad COM
pany shall have built its said road
from its western beginning near the
city of Cairo, Ill, to the city of Hop
kinsville, in Kentucky, and shall have
laid its rails upon its road bed from
Cairo into Hopkinsville, except the
bridges across the Cumberland and
Tennessee rivers. Then the said
county of Christian through its coun-
BY judge, as provided for in the char
ter of this company, shall prepare
and deliver to said company, one
hundred thousand dollars ofits said
bonds, but it is understood that when
said county is 50 called upon to deliv-
er these bonds, the bridges or trans
fers across the two rivers, which ever
may be determined TO be put in by
said company, shall be in process of
construction, and shall be finished az
soon as practicable and possible. Aud
when the said. company shall have
laid the iron upon its road bed to the
eastern edge of Ceristian county SO
that the cars on same can be run
from the said eastern edge of the
county to the Cumberland river, then
the said county of Christian, by its
authorities aforesaid, shall prepare
and deliver to said company an ad-
ditional one hundred thousand dollars
in its above mentioned bonds.
And said Cairo Il Tennessee Rail
road Company hereby binds itself to
begin work on their said road in
good faith in the said county of
Christian within forty days after the
subsidy herein asked of said county
shall have been voted, and if they
fail to so begin work the said subsidy
shall thereby be forfeited. The said
company further binds itself to COM
plete said road-bed and track and put
the cars on same from Hopkinsville
to the /. A. 81 T. Railroad by May lst,
1889, and complete the entire road
through to Cairo, except the bridge
before mentioned, within twelve
months from the last named date
(namely, May lst, 1889
The part Of said road running from
IIopkinsvile 10 Todd county line
shall be completed within twelve
months from voting of above men
toned subsidy.
Said road shall be standard gauge,
steel rail sixty pounds to the yard
and equal to the average southern
road. B. A. NEAL,
aa.l-A--l--&----4l--l-lz.