The times. (Owosso, Mich.) 1882-1897, 1894-12-14
The Contract with the t., A. A. & N. M.
Ry. Company.

cries as 10 the nature or the agreement De-
tween the city and the Toledo; Ann Arbor
and North Michigan railway, we print the
copy of the same on file with the Register
of Deeds.
Memorandum of agreement made this
9TH day of September, A. ID. 1887, by and
between the City of Owosso, municipal
ity located in the county of Shiawassee,
Michigan, and hereinafter designated as
"cty," and the Toledo, AM Arbor &
Nirth Michigan Railway Company, q cor
poration duly organized under the laws
of the states of Michigan and Ohio, and
owning and operating line of railroad
extending from the city ofToledo in said
state state Of Ohio to, through and beyond
said city of Owosso, and hereinafter des-
ignated as company"
Whereas, the said company proposes
to build and operate shops for the repair
ing of its engines, cars and tools in use
upon its lines of railroad atsome point on
its said lines and has proposed certain
conditions and stipulations upon compli-
ance with which said city could secure
the location of such shops within its linn
| its, and
Whereas, the said city through its cleo
tors on the 22d day of August, 1887, and
| its common council OH the Goth day OF
the same month has expressed q desire
| to have such shops located and estab-
lished therein and its willingness to make
an agreement for the aforesaid purposes;
therefore it is mutually agreed between
said company and said city as follows:
The city agrees to deposit in the hands
of trustrees subject to be paid out under
the conditions of this contract, twenty
five thousand dollars 1925, 100000 in cash
and also to provide maximum of twen-
| ty (2O) acres of land thereafter to be
| selected by the manager of said company
within said city limits, these donations TO
! be free and unincumbered subject to the
following provisions:
| First That the Company will con-
struct and maintain perpetually as its prin-
cipal repair shops for its engines, ears
and road tools the buildings and appur-
tenances hereinafter mentioned.
Second: That the company will make
said city the terminus Of its northern and
southern divisions.
Third That in the event that at any
time the company or its successors or
assigns shall desire to be released from
the conditions Of this agreement it shall
only be allowed to do so at the option of
said city, and on the repayment of the
money hereby donated by the city and
all lands conveyed to the company in
pursuance of this contract together with
all buildings erected thereon and the inn
provement made with the money donat-
ed by the city shall revert to the granter
for the use and benefit of said city.
Fourth-It is agreed by the parties
hereto that the twenty five thousand
dollars (Which the city proposes to give
to secure the location of these works.
shall all be expended in the construction
of the buildings referred to. BY this it
is intended that all the money so
donated shall be used in providing the
necessary buildings, water pipes and
drainage appurtenant thereto and that
none Of such money be expended for the
machinery necessary to do the work on
the repairs on said company's engines,
cars and tools. It is understood that this
money shall be all expended in making
these structures ready for the placing
therein of the machinery; this will in
clude the shafting, pulleys and heating
apparatus, but not the engine and boiler
or any part of the movable machinery or
grading approaches thereto or ironing |
any track in building or about the yard |
The company on its part undertakes TO |
provide all machinery for its work as its |
needs require from time to time.
Fifth--That the company construct the |
said buildings on the land selected by its
and that the said money to be
paid be paid to the company in Install
ments from time to time as the work on
the structures progresses and on the joint
order of committee of the common
council of said city and the manager OF
the company.
Sixth-That these buildings consist OF
IN engine house of ten or more stalls, q
machine shop including boiler shopand
I blacksmith shop, car shop, paint
shop, an oil house, store house, and
.and house, and that they be built ac-
.ording to plans and specifications to be
hereto attached and approved by city
committee subject to such changes as
aid city by its duly appointed committee
md the manager Of said company see fit
o make in order to bring them within
he limits OF the money hereby donated,
provided the manager of the company is
unwilling to expend q larger amount on
uch structures.
1t is the meaning and intention of this
agreement and the parties hereto that in
OF the donation of the sum
If twenty-five thousand dollars and lands
ny the city to company, that the compa-
ny, its successors and assigns shall and
will maintain and operate the property
n perpetuity as its principal repair works
or its cars, engines and tools, and that in
he events of the neglect or failure of said
company to fairly, reasonably and in
rood faith carry out and fulfill their
agreements herein made according to the
purpose, tenor and intent of this agree
nent, then and in such case the said sum
If twenty-five thousand dollars so to be
donated by said city shall be repaid TO
aid city by said company, its successors
,r assigns and the land donated and con
,eyed to said company for repair shops
hall revert to the granter for theuse and
benefit OF said city.
IL is understood that if the city fail to
perform and fulfill the agreement and
condition on its part herein set forth
within thirty (30) days from date, this
agreement shall be null and at option of
company.
In witness whereof we have hereunto
let our hands in duplicate the day and
year first above written.
TOLEDO, ANN ARDoR NORTH MICHIGAN
ANYWAY Co