The Louisiana Democrat. [volume] (Alexandria, La.) 1845-1918, 1897-05-26
a agreement Between Certain Cit.
zens OF Alexandria, La, and the
Gulf, Louisiana s. Great North,
ern Railway ca.
STATE OF LOUISIANA, I
PARISH OF RAPIDEs.

-
STATE OF LOUISIANA, I
PARISH OF RAPIDEs.
This agreement made by and be-
tween the undersigned citizans OF
the City of Alexandria and the
Parish of Kapiles, La, parties Of
the first part, and the Gulf Lou
isiana 81 Great Northern Railway
Company, party cfthe second part.
being a corporation created by the
State of Louisiana, witnessctll:-
That the parties Of the first part
for and in consideration Of the
stipulatinns, covenants and agree
ments Of the said party IF the sec
ond part hereinafter mentioned,
hereby agree aud bind themselves
as follows:
First That they will Mrcure
free of cost to said party bf the
second part the right Of way one
hundred feet wide through the
Paris! of Eapi,lcs and tha Tough the
City OF Alexandria, tho said clti-
zens to have the right To locate
sid right of way IN aud near TIL,
said city limits.
Secontl-rilat they furt her agree
that the object and purposes of an
ordinance passed by he Pi,lice
Jury, OF Rapi,les Parish, at then
April, 1897. meeting, exemp!ing
said party OF the second part from
Parish taxation for a period of ten
/ years shall be carried out to ,lit
full extent therein stated.
Thil1l-Tnat they further agree
| that the said release Of taxation is
fully worth the sum of ten thou
sand dollars, which sum is hereby
accepted rs d consideration and ii
case for any cause the Parish tax
rs are levied and collected or any
part thereof that they bind them
selves aud assigns to pay in casl
the full sum of ten thousand dol
lars to the party OF the secont
part, or such pro rata thereof a
may he collected. This claus
shall mean that ifany part OF sal,
tax is paid hy the said party ut ih
second part, the undersigned citi
zens are bound to reimburse th
said party of the second part on!.
the amount so collected.
1t is further agreed that til
. party of the first part will bin,
!, themselves to secure the release q
taxation insthe City of Alexant
ria, la, for tue party OF the SCI
ond part for a period Of ten year,
or in lieu thereof the sum OF tw
thousand five hundred dollars, a
an accepted consideration in cas
} of failure Of the release Of sal
taxation, this clause to be col
| strued as the above clause.
1t is further agreed that the P.
lice Jury ordinance aforesaid is
be amended so that if the road
2 completed and operated 10 tt
north line of Rapi,les Parish
: eighteen months from date hereo
the stipulation requiring work
: be commenced III ninety days sha
+ be null and void.
For and in consideration Of II
:. above, the party Of the secoi
part agrees and binds itself to Co
struct and build a first class I'd,
!, road from the City of Alexandra
e north to the line of Rapides Fl,
z ISL within a period of tightet
? months from date hereof.
e 1t is further agreed that this 0
g legation shall be joint, and tn
e each party signing shall set opp
1 site his name the amount to
t paid by him and no more.
Y All other contracts in confli
: made void. \
The above agreement is subscri
j. ed by $50 citizens, who agree
d forfeit the amounts set epposi
y their names, aggregating the 81
: Of S1O,1l5, in the event that t
conditions specified therein a
+. not fulfilled. Limited space pl
o vents publication OF names a
o various amounts, which range fri
). ten to five hundred dollars. I
agreement has also been signed
IT. President Waltz in behalf Of t
Railroad Company.