Little Falls transcript. [volume] (Little Falls, Morrison County, Minn.) 1876-1894, 1893-10-06
Notice of. Election.

LII lLE + ALLD, NUN.
| Notice of Election. "
Notice is hereby given, pursuant to
the provisions ofChapter Thirty-f"ul
[34] Of the general statutes of 1875
and particularly of the provisions oi
Sections Ninety-two 1927 to Ninety.
seven [97] inclusive u said chapter,
and acts amendatory thereof, of an
election to he held by the legal voters
Of the City of Little Falls. County ol
Morrison, State of Minnesota, to be
held OH Monday the 23rd dav OF Oct
ober, 1893. The polls will be open at
nine O'Clock in the forenoon and
closed at five o'clock in the afternoon
of said day at the usual places OF
voting in said city to vote upon a
proposition made to said City Of
Little Falls by The Mississippi and
Leech Lake Railway, company, a
railroad corporation organized and
existing under and by virtue oi the
laws OF the State OF Minnesota, ,
which proposition was delivered to
me as city clerk by said railway eaQ1
Ipany and filed in nj offices this g.
day 81 &c tol,er, 1893 and Is as fol-
lows:
To Simon Brick City Clerk Of the City of Little
RN llSi n ho nj n
Sir: The Mississippi and Leech Lake Railway
C.mpahy. corporation duly organized
| laws of the state Of Minnesota, desiring aid
frsm said city of Little Falls in said Morrison
County. IN the constr uction Of its railroad in
| set forth. hereby makes aud delivers 10 you as
such clerk of said city OF Lit]efals this PROPOSE
lion in writing. to-wit:
The said Mississippi and Lsech Lake Bail
! way Company desires aid from said city OF
Little Falls in said county of Morrison which
shall consist of the bonds OF said city of Little
thirty s from the
! per cent per !0 per anpum said interest payable
| semi.annually on the LIST day Of January aud the
list day Of JS!y prnepa a9a pssIest payable
OF ST. Paul State of Minnesota, said bonds to b. in
denomination, thirteen Q3) one thousand dollars
value one one OF ye ~
| ag9regate, at par value. TO be the sum OF
thirteen thousand five bundled dollars (s1S, 500.
the same to be given to said The Mississippi
aud Leech Lake Railway Company TO aid IN lhe
construction Of a standard gusse railroad in
said Morrison County from point within the
limits OF the city OF Little Falls in said Morrison
or the station of Albany in the county of
stearns in said state Of Minnesota. IS may be
determined by the said The Mississippi and
be designated by the ssid railway company
between said city OF st. Cloud and said station
Of Albany on the line of what is generally known
- the st. Paul, Minneapolis & Manitoba
1t being 4aderstood and agreed that the said
rhe Mississippi hna heeSh La hske Honds k1iway
asked for are deposited in escrow % ps hereinafter
provided. have deposited with said escrow those
certain twentyhye 25) bonds ,sdt Of the village q
par value Of one thousand dollars III oOo) issued
to the Little Falls Water Power Company OF
Minnesota to be cancelled and surrendsrss5 TO
condNiou precedent to The delivery to said The
Mississippi and Leech Lake Railway Company
OF the bonds of said city Of Little Falls herein
asked for to be given said railway company to
before set forth.
Mississippi and Leech Lake Railway com.
the passage Of cars thereon, its said railroad as
hereinbetore described, to be designated as
hereinbefore provided, on or before two years
hundred dollars $500 par value Of the bonds
Of said city Of Little Falls (beng the aid bonds
herein asked for) are plalsd in escrow as here
The said thirteen ,housandfye huAdyed
dollars, par value, of the bend Of said city OF
Little Falls theing the bonds asked t9r il this
Mississippi IND Lesc ss Lake RaiiEay st conpans
| when its said railroad shall be eop,pleieJ aiia
ready for she passage Of cars. as and wl,hip !ias
thirteen thousand five hundred dollars. par
value. Of the bonds of said city of Little Falls
lbeing the honds asked for in this propositionl
by Jaw, and placed with H. P. Upham, president
| or the First National Bank Of st. Paul, Mime
sofa, in escrow as trustee, and the said H. P
bouds, to deliver the same 70 the said The
Mississippi and Eeech Lake Railway Company.
upon The completion Of its said railroad, here:
livery SAID trustees shall detach Fam each ofsaid
bonds all interest coupons which have bseome
due up to the date of the completion OF said rail.
road as % bonus II "a AID % and such detached interest
turned to the said city of Lite Falls.
aud said The Mississippi and Leech Lake
Company viii in further
s%I''s III fsRs' vf'sf bsas he he
1s Fss ssksd ,!sS ts;a a,x
Falls an amount Of it's capital stock equal to PAT
yane Of the pIaGpel sad bods !o 6
delivered 10 sald Inc NlSslselppl ana Leech
Lake Railway company, and the certificate or
certificates OF shares OF said capital stock TO be
exchanged for said bonds shall at the time of
deposit Of said bonds with said H. T: Upham,
be placed with the said H. r. Uphan,, III escrow
by said The Mississippi and Leech Lake Railway
company, to be delivered to the proper authori.
Ties Of the said city Of Little Fails ii said city SO
elects, upon the delivery to said The Migsissfppi
and Leech Lake Railway company ofsasd honda
be issued 10 said The Mississippi and Ieech Lake
Railway company.
III witness Whereof The Mississippi and
Leech Lake Railway company has caused this
proposition to be signed BY its Woe. president C.
A. Weyerhaeuser, and by its secretary, Drew
Musser, aud its corporate seal to be hereto af-
| Axed, Duly attested this 25 b day Of September.
Il. D. as9a.
THE MISSISSIPPI AND LEEcH LAKE RAIL
WAY COMPANY.
By C. .AwEYERHAEUsER.
Vice President.
Attest: (sr,