The Wheeling daily intelligencer. [volume] (Wheeling, W. Va.) 1865-1903, 1888-01-13
SATURDAY, the 4th DayOf February, $50.

II such vote shall be In favor OF such approprlR
ton any subscription thereof by this Board or ID
agent EhRlI be upon the terms and conditions fol
lowing; The raid kum OF Thrse Hundred Thousand
Dollars BhAl be subscribed 70 the capital stock Of
| the wheeling & Harrisburg Railway Company oil
Wegt Virginia, aud such subscription shall be pay.
able a follows: Fifty thousand dollars when Of
least one hundred thousand dollars shall have
been extended BY the railway company In the
| construction Of the bridge R!oEesaia, and Aity
thousand dollRs shall have been expended by the
railway company In the purchase and construction
OF terminals % Aforesaid In the county Ohio. The
second ftty thouSand doilAIS AhAll DO paid when
two hundred thousand dollars shall have been eX'
pended by the railway company In the coDstruc.
ton Of the said bridge, aud ono hundred thousand
| dollars shall have been expended by tho railway
COMPANY in the purchase and construction OF the
terminals Aforesaid In the county Of Ohio, The
third hfty thousand dollars shall be paid when
three hundred thousand dollars BhAl have been
expended BY the railway company In the con:
flty thousand dolGB shall have been expeuded
by Said railway company In the purchase and con.
GtructIon Of tho terminals Aforesaid. The fourth
hfty thousand dollars shall be paid when four
hundred thousand dollars AhRll have been expcud.
ed BY the railway company In the conStrtctton Of
the said bridge, and two hundred thousand dol
lars shall have been expended by said railway
com pGny Ia the purchase and construction OF the
terminals Aforesaid. The remaining one hundred
thousand dollars shall be paid when said bridge
and tunnel shall have been completed, and when
tho State OF Ohio, shall have been constructed
ready for the passage Of trains, or RhRll in the
judgment Of the Board Of Commissioners, be no
lar advanced in construction As 70 practically as
sure Us completion, and when tho sun OF three
hundred thousand dollars shall have been ex.
pended IN the purchase and construction Of such
terminals.
bridge and railroad from the said bridge TO Bowers
ton, Ohio, shall not DO In good faith commenced
within eight months from the date Of tho making Of
such subscription, II Il be authorized or being com.
al ahs hA haV "a ~
running over the said railroad and bridge into the
county Of Ohio and the city Of Wheeling, within
four years from tho date OF making such Eubscrip-
ton, and such further time Is may DO rendered
Necessary by litigation which could not reasonably
be avoided, then the said Board Ehsll DO at liberty
to withdraw as 10 any part Of the subscription Of
three hundred thouEAnd dollars which may not
have become payable under the terms OF this 0fdi-
nance, and II said subscription be authorized, the
said railway company shall accept or decline the
said subscription within thirty daJ alter the same
n ay DO offered by the B0Gtd or Its agent But the
Board Of Commissioners may, for good cause shown,
extend the time for the commencement or com.
pletiou oil the work. The agreement Of subscription
ht p@see s on SenS o. If We, WTGTs
and It's successor, that any and every railroad
heretofore or hereafter constructed shall have the
right 10 connect It's tracks with tho tracks oil said
rnllway company extending ever said bridge and
the approaches thereto, aud TO transport It's aims
oYefSHid bridge and approaches, upon paying com
penSatton therefor, under such reasonable regula-
tlOth anu uu huGu Iehbyllhple GElb u Ahu IhlNhg
company shall prescribe; and that said railway
company or its SUCCESSORS shall transport all cars,
| or freight and passengers, over said bridge aud
over said terminal tracks In the city OF wheeling
and Benwood, III said terminal system IS extended
to the latter potntl aud tho charge for transport
Ing any freight car upon OF over said terminal SyS.
tenn shall not exceed two dollars per car and said
railway company shall permit the Aforesaid use OF
It's tracks aud perform the Aforesaid services FOR
any ana every railroad now or hereafter built into
the said city Of Wheeling. or DeuwOOd, or Martins
Ferry, without discrimination, CithOr as TO charges
for Ike privileges or service, or as 10 tho manner
| Of performing such service
PROVIDED, Said railway company. or It's success.
son, shall not be required 10 transfer any freight
car upon or over liz terminal system for any nail
road company which shall not perform Ike ser.
vice upon or over It's track IN the city Of Wheeling
or BenWood, or Martins Ferry, for said railway
company, or lis successors At Ike charge for like
service. The stock 10 be Issued under said sub
sCrptIon shall, II the said BOJd Of Commissioners
elect, at the time OF making the subscription, be
mRdeR preferred stock, 10 the effect that tea 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 Of par The said election
shall be held by the following named COmmis
aoaera, who arc hereby appolntd for that purpose
that Il TO say:
WASHINGTON DISTRICT.