Vernon County censor. [volume] (Viroqua, Wis.) 1865-1955, 1904-06-29
BONDING PROPOSITION.
In the Matter of the Proposition
of the LA Crosse and South
eastern Railroad Com
pany.
pany.

/ N, a
poration OF the state of Wisconsin, desiring L
obtaln from the Town of Coon, in Vernon
county subscription to its capital stock K
ehe amount OF $1,000 payable in the negoti
aoie ponds OF said town, 10 be issued accord
ing TO law, for the purpose of aiding il in the
construction OF its railroad from the City Of
La Vrosse, La Crosse County, Wisconsin
through said Town OF Coon, to the City OF vi
roqua in Vernon County. Wisconsin, has
made, delivered and fled in the Office OF the
undersigned, its written proposition for such
AID In accordance with the provis ions OF Sec,
tion 945 Of the Statutes of this state upon tht
subject, also its written request to the un.
dersigned clerk OF said Town of Coon, re.
curing notice to be given by the undersigned
| as provided by Section 946 of the said re
vised Statutes Of Wisconsin.
| PUBLIC NOTICE Is THEREFORE, HEREBY GIVEN
| that after the 25th DAY OF July, A. D. 1894. 4
| petition to the proper authorities OF the said
Town OF Coon, praying that such proposition
may be accepted and carried into effect. will
| be presented for theit signatures to the male
resident tax payers thereof which petition,
withand embracing aL1py of the said PROPOSE
tion IS hereto appended as a part of this
notice, that Is to say:
PETITION,
To THE HONORABLE, THE Town BOARD OF
THE Town OF Coon, IN THE COUNTY or YER
| NON, AND THE STATE OF WISCONSIN,
TIE la CROSSE AND SOUTHEASTERN RAIL
ROAD COMPANY, railroad corporation OF the
| state OF Wisconsin, organized to construct
and operate a line OF railroad from the City
Of La Crosse, La Crosse County, through the
county OF vernon, Wisconsin, desiring TO OBJ
tain from the said Town Of Coon, a subscrip-
ton To It's capital stock to the amount OF Sl0,-
700, payable in the negotiable bonds of said
Town, TO be issued according to law, for the
purpose of aiding 1T in the construction of its
said railroad, and having in the manner re-
CURED by Section 945 of the revised Statutes
OF this State, delivered to the clerk Of said
Town and filed in his Office its definite propo-
sltlon IN writing, signed by the President and
secretary thereof and sealed with its seaB
containing the statements required by said
Section 9i5 and having also by written re-
quest. as provided by Section DAG of said re-
Vlsed statutes required notice of this petition
TO be given, and the said Town Clerk having
given such notice as also therein required by
proper posting and publication, and such
no ice having appended thereto as part
thereof this petition and copy of the propo-
sition afore mentioned and referred to,
NOW THEREFORE, We, the undersigned,
whose signatures are hereto affixed and duly
verified, being a majority of the male per-
sons residing in said Town of Coon, who were
assessed for taxes on real and personal estate
therein as shown by the last assessment roll
90 hereby pray that such proposition of the
said Railroad Company may be accepted and
carried into effect in the manner provided by
case made and provided.
Dated June gath, A. D., 1904.
COPY OF PROPOSITION ABOVE MEN
TONED AND REFEREED TO.
STATE OF WISCONSIN
LA CROSSE COUNTY,
To THE Town OF COON, IN THE COUNTY OF
VERNON AND STtTT CF WISCONSIN, AND TO
JOHN JACoBsOS, CLERK ot sAID TOWN.
WHEREAS, THE LA CROSSE AND SOUTH
EASTERN RAILROAD COMPANY Z corporation
organized under the laws OF the State OF Wis
consin to construct and operate line of rail.
road from the City Of La Crosse, Ia Crosse
County, wisconsin, through the Town OF Coon,
in the County of Vernon. to the City OF EtrO-
Gua Vernon Countv Wisconsin, desires 70
obtain from the said Town of Coon, Vernon
County, Wisconsin, subscription to its cap:
ital stock, payable in the negotiable bonds of
said town, to be issued according to law for
the purpose of aiding 1t In the construction
of said road.
Now THEREFORE,, Said company does hereby
make, submit and deliver to you the follow
ing proposition pursuant t. the provisions OF
the Statutes of this state:
LIST. The said LA CROSSE AND SOUTHEAST
EBN RAILROAD COMPANY proposes to con
struct, equip and operate line of railroad of
standard guage from the city of La Crosse,
Ls Crosse county, Wisconsin, to the city OF
Viroqua, Vernon county, through the town OF
Coon, and for the purpose Of obtaining al in
the building, construction and equipment
Thereof desires and proposes to have the town
of Coon, Vernon county, Wisconsin, subscribe
for one hundred shares OF the capital stock of
said company of the par value of one hum
dred $4,000 dollars each, to be paid for in
the negotiable bonds OF said town to be is
sued according to law for the purpose Of pay
ing such subscription. towit: Ten bonds,
each bond to be for one thousand (sIOOO. 00J
dollars, dated September 1st, 1904, and paya-
be in twenty Coz years after date, or in ten
40 years from said date, at the option of SAID
town: said bonds to bear interest at the rate
OF three 81 per cent per annum. payable an
i.ually. Such interest to be computed from
and to commence at the date of the delivery
of said bonds. Principal and interest to be
payable in gold of standard weight and fine
ness at the Batavian Bank, in the city o. La
Crosse, La Crosse county, Wisconsin. Said
bonds to be duly and properly executed ac-
cording to law in the usual form OF such
bonds, and to he by said town rlaced in es-
crow with the Batavian Bank of La Crosse,
Wisconsin, as trustee, or with such other
trustee shall be mutually agreed upon
within thirty (30) days after demand thereof
by said railroad company, its successors or
assigns and to be delivered to said railroad
company, its successors or assigns upon the
complete construction and operation OF said
road from the said city of La Crosse, Wiscon-
sin, to the city of Vlroqus, Vernon county,
Wisconsin Said road to be fully completed
and put in operation on or before the first day
of January, 1906.
AND SOUTHEASTERN RAILROAD COMPANY
agrees that in constructing its sald road
through the village or Coon Va'eJ, In sald
town, ii will locate its depot on he east side
of Coon River. and further will &C instruct and
put In a properly equipped siding at some
convenient place, either In Section eleven or
fourteen In said town for the holding ana
loading and unloading cars,
And that on or before the first day of.se p
TENDER, 1904 it will issue to said town of Coon,
one hundred shares of the capital stock OF
said railroad company OF the par value OF one
hundred (Sl00 dollars each, and place the
same in escrow with the Batavian Bank, in
the city of La Crosse, Wisconsin. as trustee,
to be delivered TO said town by said trustee.
upon the completion of said road and Of the
time OF delivery of the bonds OF said town to
said company.
IN WITNESS WHEREOF the said la CROSSE
AND SOUTHEASTERN RAILROAD COMPANY has
caused this proposition to be signed by Its
President and Secretary this Eigstt day OF
June, 1904 and its Corporate Seal TO be ahix-
ed.
LACROSSE AND SOUTHEASTERN RAILROAD Co.
w. S. CARGmL, President.
(SeaD d. G. MCMILLAN, Secretary.
JOHN JACOBSON Clerk Of the Town OF
Coon. Vernon County, Wisconsin.
Dated June cath, A. ID. 1904.