Roanoke daily times. (Roanoke, Va) 1886-1890, 1889-12-29
AN 0RDIN} NOa.

At meeting Of the counci. Of J.r
city of Roanoke, held DecetaAe- .ola,
1899. the following ordinance "a-
adopted:
Be it ordained H. TIE eoaaai. b.
the city OF Roanoke, upon the r.
tition of the Roanoke AND SpGtAe.a
Railway company. by is president.
filed on this. 3rd, day OF Decent Der.
1889.
/. That the sergeant and judges Of
election for the said city of ncal- zt
do open Il poll ut the several VotHE
precincts of said city, on i@esGa -,
the 2Sth day of January. 1885, aaa.
! take the seusc of the freehold voters
on the question, whether J9c -a,a
council shall he authorjz q. in 81.
maine OF aud fOf the use 81 i!te city
to cause 10 he issued, boosts 81 49,
amount G0t exceeding one lHLNf
thousand dollars for the rat.'- .t
making Il second AID ur r
-crIptiou 10 the c1litaI ~iu j. p'
Roam. ltr and Southern aliy r,-
ANY
,. The SAFE! election da ba.
nd the authurity TO isstr .oaas
make said subscription SHAH pea'
the following terra, ant coEclt.o
namely:
/. The said counc! may subscribe
for the stock of said company 10 toe
amount of one hundred thousand
dollars provided, thar in doiI- $50
the aggregate debt OF tie city sha.
not exceed ten per centum OF tine
assessed value OF the properly. real
and personal, within the city limits
ii. That the SAID company shaii
within ninety days after the said sub-
scription shall be made, commence 10
construct its line OF road at lis ter
minus in said city Of Roanoke, or
within one mile of the city limits and
shall prosecute the same III a bona
fide manner with all reasonable dud-
gence to its completion.
III. The bonds of the city Of Boa
noke shall bear 6 per cent. Interest
and shall be redeemable in thirty
years, and shall be issued and deiiv-
cred to trustee, to be agreed upon
between the council Of the cry OF
Roanoke and the president OF the
Roanoke and Southern railway The
said trustee upon the certificate OF
the chief engineer of said railway Of
the completion of the grading OF such
and every mile OF said road from
Roanoke city southwark shall! deliver
to said railway the bonds of said city
to the amount of $1,000 and upon
like certificate of the engineer for
each and every mile Of said road
when the superstructurei is completed,
and ready for operation, the SAID
trustee shall deliver to said railway
bonds to the amount OF $1,000 PER
mile until the entire SUN OF 100000
provided for III this ordinance shall
be delivered.
Upon the delivery OF tie
bonds of the SAID trustee 10
the railway company the SAID
company shall deliver to the saiG
trustee certificates of stock IL SAID
railway to the full amount OF sand
bonds.
by the city council shall be upon the
terms and conditions herein set forth.
and should the said company fail 70
comply with said terms and conGl-
tions, then, and in that event. the
said subscription, at the option OF
said city, shall be void.
8. The election shall be held and
conducted in the manner provided for
under section 1913 and 124l of the code
of Virginia, and the question sub
mitted shall be determined under
the provisions of section 90, chapter
V. of the charter of said city.
4. The sergeant shall cause certi-
fed copy of this ordinance 70 be pub
lisbed in the daily papers OF this city,
and shall post copy thereof ut each
of the voting places FIR thirty days
previous to the day of election.
GEO. L BENNETT, Clerk.
In obedience to the foregoing order,
notice is hereby given that the polls