Roanoke daily times. (Roanoke, Va) 1886-1890, 1890-01-18
AN ORI)INA nee.

At a meeting Of the council held
January Ia, 1890, the following ordl'
nance was adopted:
Be it ordained by tile council of
the city Of Roanoke, upon the pc
tition of the Roanoke and Southern
Railway company, by it's president,
filed on the 3rd day OF December,
1899.
/. That the sergeant and judges of
election tor the said city of Roanoke
do open q poll at the several voting
precincts of said city, Oh Tuesday,
the 18th day of February, 1890, and
take the sense of the freehold voters
Oh the question, whether the said
council shall be authorized, i'll the
name of and for the use of the city,
to cause to be issued, bonds to an
amount not exceeding one hundred
thousand dollars for the purpose OF
making u second and further sub
scription to the capital stock OF the
Roanoke and Southern Railway com
pany.
.. The said election shall be held
and the authority 10 issue sald bonds
and raise said subscription shall be
upon tie following terms and con-
ditions namely:
|. The SAID council may Subscribe
tor the stock of said company 10 TIE
unount of one hundred thousand
loiiars provided, chat the az
yresate debt OF tie city shall
not exceed ten per ctntum Of the
a .
and personal. within the city linl's.
III That In" said company shall,
Within ninety days alter said subscrIp-
tion shall be made, commence 20 CON
ira Il rs lint III road AT a point WITHIN
puc mile lrom the present city limits
1T The city of ROANOKE, and shall pros
ecute the same IN Il bona tide manner
with all reasonable Gii,gcnc" ia its
cumpleiion, and furthermore, that
within six months after The work
>i;ill be 50 begun, the said company
shall conn, ct between tie point lnSt
indicated and its terminus Within the
present limits at the "i;y Of Roanoke
Iii. The bonds t the city of Roa-
aoke shah bear 6per c"ntum interest
nr annum aud shall be redeemah!e
N thirty years from II err daie, and
Shall be issued and Gclil crel the aid
.;oauuke and Southern nj Way a. toll
luws: Upon the certificate tiie cine!
ugillevr OF said railway OF tie 'ln
petion OF the grading OF each aud
very mile o said road from Koa-
oke city sonthward, tie city OF 10 q
coke shall deliver IL sal" railway
,he bonds al IL city 10 The amount
If five thou an dollars II np"n
Ike ccrtiticateui the engineer Tor each
nd every mile of said road wis, II
Che supersiructure il complete. and
ready for operation, the laid rt'r
shall deliver to said railway onds
OF SAID city 10 the amour vi
five thousand dollars PER miie until
the entire su.u Of 500, O00 provided for
in This ordinance shall be delivered,
Upon the delivery OF each Install
ment of said bonds 10 the railway
company the said company shall de
liver to the said city certificates Of
stock in said railway TO the amount
of said bonds.
". The subscription when made
by the city council shall be upon the
terms and conditions set forth, aud
whenever the said company fail 70
comply with said terms and coirdl-
tions, then. and i'll that event, the
said subscription. mt the option OF
said city, shall be void.
V The election shall be held and
conducted in the manner provided fer
under section 12l3 and l2-ii OF the code
of Virginia, and the question sub
United shall be determined und-
the provisions of section 30, chapter
V. of the charter of said city.
VI. The sergeant shall cause Il certi-
fled copy of this ordinance TO be pub
lished in the daily papers OF this city,
and shall post copy of the same at
each of the voting places for thirty
days previous TO the day o! election
A copy-teste.
GEO. l. BENNETT, Clerk.
In obedience to the foregoing order,
notice is hereby given that the polls
will be opened at the several voting
precincts of the city OF Roanoke at
sunrise on
TUESDAY, February is, 1890
for a vote 10 be taken as specified in
said order 9. W. THOMAS,
Sergeant.
January 10Th, 1880