The Salt Lake herald. [volume] (Salt Lake City [Utah]) 1870-1909, 1894-02-14

that is attracting some attention since
it was introduced in the Council:
A Bill for an Act to Enable Counties,
Townships and Cities to Aid in the
Construction of Railroads.
Be it enacted by the Governor and
Legislative Assembly Of the Terri
tory of Utah:
Section l. Whenever two-ffths of
the resident taxpayers of any county,
or two-ffths of the resident taxpayers
of any municipal township. shall petit
ton in writing the county court, or
whenever two-fifths of the resident
taxpayers of any Incorporated city
shall petition the mayor and council
of such city, to submit to the qualified
voters of such township or city, a
proposition to subscribe to the capital
STOCK Of or loan the credit of such
county. township or city to any rail-
road company, constructing or prOpOS-
ing to construct a railroad through or
into such county, township or city, the
county court of such county or town
ship, or the mayor and council of such
city, shall cause an election to be held
to determine whether such subscrip-
ton or loan shall be made; Provided,
No county shall issue under the pro-
visions of this act more than one hum
bred thousand dollars and an addi-
tional five per cent. indebtedness of
/ the assessed value of such county; and
/ no township shall be allowed to issue
more than fifteen thousand dollars and
1 five per cent. additional Of the assessed
value of the property Of such town
ship; and in no case shall the total
amount of county, township and city
aid to any railroad company exceed
eight thousand dollars per mile for
each mile of railroad constructed in
said county; Provided further, That
at any subsequent election to be held
for the same purpose the same shall
not be held unless upon petition of a
majority of the legal voters of such
county township or city
Sec. 2. Before such subscription OF
loan shall be made. the question shall
first be submitted to the qualified yot-
ers of such county, township or city
as provided in section one of this act
at a special or general election, as the
same shall be specified in the petition
which petition shall also designate the
railroad company and the amount Of
stock proposed to be taken, or the
amount for which it is proposed tC
loan the credit Of such county, town
ship or city, and the terms of pay
ment, together with the conditions
subscription or loan, and the form Of
the ballots to be used at such election
for and against such proposition.
Sec. 3. The county court for sucf
county or township, or the mayor anC
council for such city. upon the presen
tation of the foregoing petition anC
such other conditions as may b,
deemed advisable by the authority or
dering such election to the chairman
of the county court or to the mayor O
city shall convene and make an order
which order shall embrace the terms
and conditions set forth in the peti
ton, and shall fix the time for holding
said election, which shall be within
sixty days from the day on which tn
county court or the members of tn
council shall be convened.
Sec T. Thirty days notice of Sucl
election shall be given in some news
paper published or having a genera
circulation in such county township o
city, and the election shall be held an
the returns made and the result asceT
, tanned in the same manner as provide
by law for general elections.
Sec. 5. If a majority of the qualifie
electors voting at such election shal
vote for such subscription or loan, tn
county court for or on behalf of sue
: county or township, or the mayor an
: council for and on behalf of such city
: shall order the county or city clerk, a
5 the case may be, to make such sui
t scription or loan in the name Of sue
t county, township or city, and sha
: cause such bonds, with coupons al
l tached, as may be required by tn
/. terms of such proposition to be issue
l in the name of such county, townshi
e or city, which bond when issued fC
/ such county or township shall /
: signed by the chairman of the count
E court and attested by the county clerl
: under the seal of such county. an
t when issued for such city. shall /
e signed by the mayor and attested
the city clerk, under the seal of sal