The Wheeling daily intelligencer. [volume] (Wheeling, W. Va.) 1865-1903, 1888-02-01
SATURDAY, the 4th Dayo February, '88.

II such vote shall be In favor OF such appropriA-
ton, any subscription thereof BY this Board, or IL
agent khAll be upon the terms aud conditions fol.
lowing: The said Ium Of Thrss Hundred Thousand
Dollars IhAl be subscribed % the capital Atock Of
the wheeling d Harrisburg Railway Company Of
Neat Virginia. and such subscription shall be pay.
able u follows: fifty thousand dollAIb when at
least one hundred thousand dollars shall have
been expendGd by the railway company In the
construction Of the bridge Aforesaid, and hity
thousand dollG1 shall have bern expended BY the
railEay company In the purchase and construction
Of terminals Is Aforesaid In the county The
second hIty thousand dollan shall DO paid when
two hundred thousand dollars shall have been ex-
pended by the railway company in the construo.
ion Of the Eaid bridge and one hundred thousand
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 hisy thousand dollars shall be paid when
three hundred thousand dollars shall have been
stTuction Of the said bridge and one hundred and
hity thousand dollars shall have been expended
by aid railway company In the purchase and con-
sructiOn oil the terminals Aforesaid, Inc ionrh
hundred thousand dollars BhRll have been expend.
ed by ire railway company In the construction o.
the said bridge, and two hundred thousand dol
lara shall have been expended BY said railway
company In the purchase and construction OF the
terminals Aforesaid. The remAIDing ono hundred
thousand dollAD shhll DO paid when said bridge
and tunnel shall have been completed, and when
a new railroad from the bridge TO BoWonton In
the state Of Ohio shall have been constructed
ready for the passage Of trains, or AhAll, In the
judgment Of the Board Of Commissioners, be 20
lar advanced in construction As to practically as
ure its completion, and when tho sum OF three
hundred thousand dollars shall have been ex.
pended in the purchase and construction OF such
terminals.
PRoyTDED, That II the construction OF the ssid
bridge and railroad from the said bridge 10 Bowers.
ton, Ohio, shall not be In good faith commenced
within eight months from the date oil the making OF
such subscription, II It be authorized, or being com.
menced, shall not DO completed, and have cars
running over the said railroad and bridge into the
county Of Ohio and the city q Wheeling, within
four years from the date Of making such EubscTip-
ton, and such further time IS may be rendered
necessary by litigation which could not reasonably
be avoided, then the said Board shall be 81 liberty
TO withdraw aS 10 any part OF tho subscription Of
three hupdred thousand dollars which may not
have become payable under the terms Of this Ordi.
nance and HtAid subscription DO authorized, the
said railway company shall accept or decline the
aid subscription Within thirty dRj after the same
ray be offered by the Bolfd or It's agent But the
Board Of Commissioners may, for good cause shown,
extend the lime for The commencement OF com.
shall stIpuiAte on behalf Of the Wheeling
& Harrisburg Railway Company OF West Virginia,
and It's successors, that any and every railroad
heretofore or hereafter constructed shall have the
right 10 connect ts trackS with the tracks OF said
railway company extending over ERid bridge and
the approaches thereto, and 10 transport iB trains
over said bridge and approaches, upon paying com
pensatiou therefor, under such reasonable regulR-
tons 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 Eaid bridge and
over said terminal tracks In the city Of wheeling
aud Benwood, III said terminal system Is extended
10 the latter point and tho charge for transport
Ing any freight car upon or over Eaid terminAlGys
tenn shall not exceed two dollRrH per car and Said
railway company shall permit the Aforesaid use OF
it, tracks and perform the Aforesaid services for
any and every railroad now or hereafter built into
thu said city Of Wheeling or Benwood, or Martins
Ferry, without eithor As 10 charges
for like privileges or service, or as TO the manner
Of performing such service
PROVIDED, Said railway company or it, success.
SoTS shall not be required 10 tranAer any freight
car upon or over It's terminal system for any rail-
road company which shall not perform Ike ser
Yce upon or over It's track In the city Of Wheeling
or Benwood, or Martins Ferry, for said railway
company or itBsuccessors, At like charge for Ike
service. The stock 10 be Issued under said sub
scFipLon shall, II the said Board Of Commissioners
elect, At the time Of making the subscription, be
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 to the redemption and retire
ment Of said stock at par. The said election
shah be held by the following named Commits,