Vernon County censor. [volume] (Viroqua, Wis.) 1865-1955, 1904-07-13
PROPOSITION.
ESTATE or WISCONSIN,

PROPOSITION,
STATE CT WISCONSIN,
la CROSSE COUNTY, IS
To the Town Of Hamburg. in the County Of
Vernon, and state OF Wisconsin and to q. l..
Einstad, clerk OF said town
whereas the LA CROSSE AND SOUTHEASTERN
RAILROAD COMPANY ls a corporal ion organ
lied under the laws OF she State OF Wisconsin
10 construct ana operate a line OF railroad
from the city Of La Crosse. La Crosse county,
Wisconsin, through the Town OF Hamburg,
in the county OF vernon To- the city OF Wire
qua, In the County Of Vernon, Wisconsin, and
said Railroad Company desires to obtain fjom
the said Town OF Hamburg, Vernon couaty,
Wisconsin, subscription to it's capital stock
paya.,e in the negotiable bonds of said town
To ue Issued according to law for the purpose
of aiding 10 in the construction of said rosd.
Now THEREFoRE, said Company does here
by make, submit and deliver to you the fol-
iUwiug proposition pursuant to the provisions
OF the statutes OF this state:
ist The said La CROSSE AND SoUTHEAsTERN
RAILROAD COMPANY proposes to construct,
equip and operate a line OF railroad OF stand
ara gauge from the CITY OF La Crosse, La
Crosse County, Wisconsin, to the City OF Vi
roqna, Vernon County, through the Town OF
Hamburg. and for the purpose of obtaining
sid IN the bCilding. construction and equip
ment thereof desires and proposes TO have the
loWn or hamburg, Vernon, County Wiseon-
ala, subscribe for One Hundred shares OF the
capital stock OF said Company OF the par
value OF one hundred 800. 00) dollars each,
70 ne paid for IN negotiable bonds of said
Town 10 De lssuvG according to law for the
purpose OF paying such 81 description, to-wit.
Ten bonds numbered from one to ten, both
inCInsive. eac h bond TO be for one thousand
.slW0,dOl dollars, dated September LIST, 1904 |
and payable in twenty t20l years after date, !
or IN ten 40 years from said date, at the
option OF said town: said bonds to bear inter |
est at the rate OF three ~ per cent per an
mum, payable annually. such interest to be
computed FROM and 10 commence Mt the date |
or the delivery OF said bonds Principal and !
interest to be payable In goc OF standard !
weight and fneness at the Batavian bank, in /
the city OF La Crosse La Crosse County, Wis !
af Esaa -
executed according to law in the usual form |
on such bonds and to be by said town placed |
N escrow with the Batavian Bank OF La |
Crosse, Wisconsin, as trustee, or with such !
other trustee "a shall be mutually agreed up |
on within thirty 900 days after demand there /
OF by said Railroad Company, its successors /
and assigns and 10 be delivered to said Rail- |
road Company, its successors ana assigns |
upon The complete construction and opera |
ton Of said road from the said City OF La \
trosse' Wisconsin. 10 the City OF Nlroqua, |
Vernon County, Wisconsin. said road TO be /
fully COMPLETED and put in operation on or
before the First day OF January. 1910.
Is CONSIDERATION THRREoF, The LA /
CROSSE AND SOUTHEASTERN RAILROAD CON-
fANN agrees that on or before she hrst DAY
OF september, 1904, IL will issue 70 the said
Town OF Hamburg, one hundred shares OF the
capital stock OF said Railroad Company or
I he par value OF one hundred isleO.V0 dollars
each, and place the same in escrow with the
Bataviau Bank. in the city OF La Crosse, Wis
consiu, as trustee, TO be delivered to said
town by said trustee, upon the com com pietioe
OF said road and AT the time OF delivery or
the bonds OF said town of said company and
also agrees that IA construetlng rs roaa
through said town, IL Will locate ill., depot ia
The village OF ChaSeburE.
Is WITNESS WHEREOF, the said La CROSSE
AND SOrrHEAs rERN RAILROAD COMPANY bss
caused this proposition to be signed bs It's
president and secretary this eighth DAY 81
June ia04, and It's Corporate seal 10 be athNeu'
Ia CROSSE AMI Sr..Itikp STERN RAILRoADto
~ w :. .'ARGlLI, President
aud D. C. NJ MILAN, Secretary.
,Seal uf III, "nmrany,9
The potts ~ a; , e,.ctior " Il be open from
O'Clock ian the forenoon 70 O'Clock In the
OF ~it ia day, ana the voting VIII ee
~ ballot. auu ,oa the aid legal voters ~
ue town are hereby notified ana reQuestSu
lpon which shall he written or printed the
, urds For the Railroad Proposition o.
Against tine kSilroad Proposition.
e. l. FtNsrAp, Town CLERK,
Dated Ham5urg lame q, \. ID. 1904