Idaho County free press. [volume] (Grangeville, Idaho Territory) 1886-current, 1905-04-13
PLAN OF PRocEEDuRE.
How Railroad Will Be Built to
Crangevilie.


Grangevilie.
The big mass meeting held al
Lewiston last Thursday to formu.
late . plan for the construction Of
. railroad from Lewiston to
Grangeville, and to Nez Perez,
was . great success and plans were
adopted that are bound to win.
Henry Wax was made president
Of the meeting and +. G. Leonard
secretary. After general discus
sion Of the needs Of road to the
prairie and the benefits to be de-
rived therefrom board OF trustees
were elected to take charge Of the
work and formulate rules and reg
ulations.
The trustees elected were as fol-
lows: John Coram, George NJ.
Reed, Grangeville; z. A. Johnson,
Nez Perez; Samuel Goldstone, Cot
tonwood; j. A. Crnm, Westlake;
Q. A. Kjos, r. G. Beach, G. w.
Thompson, Lewiston; E. II. Libby,
Charleston.
The trustees met at once and
after being in session nearly two
days formulated and adopted the
following rules.
Section THE powers Of this
boord as set forth in the proceed
ings of said mass meeting follow:
Said trustees shall have power Cd
to make such rules and regulations
as in their discretion are or may be
needful for their own government
and to carry out the object herein
named, and to amend the same by
two-thirds vote Of all their num-
Der at a meeting called for that
purpose, (2) to elect from among
themselves such officers as may be
necessary, (3) to deposit said sub
scriptions in such depositaries as
the subscribers may elect. a. to
pay the amount Of said subscrip-
tons less necessary expense accord
ing to the terms hereof to such
corporations as in their judgment
shall be best equipped and quail
fed to build and operate such
transportation lines, 90 to receipt
for and deliver to US in return for
such payments full paid shares OF
the capital stock Of any corpora
ton with which the trustees may
deal by virtue hereof at a. valua-
ton OF such stock at-par
value thereof; necessary expenses
OF this trusteeship to be payable by
such corporation, 60 to do and
perform all things needful, in their
judgment to procure the building
and operation of such TRANSPORTS
ton lines, Cd to fill all vacanies
in their own number by death,
resignation or other cause. All
responsibility and liability of said
trustees shall cease, expire deter
mine upon the payment of said
subscriptions to such corporations.
and the delivery to US of such
stock. And in the case of SUBJ
scriptions payable in land, also
the following notifications: co
to draw said deeds from said de-
pository, (4) to transfer deed
and convey said property only to
such patty or corporation as in
their judgment shall be best equip
ped and qualified to build and
operate such transportation lines.
Provided, that said deeds shall be
delivered only after the compile
tion of said railroad nearest access
sible from our respective prop
critics thus designated, as evidence
ed by the operation of a train OF
cars between Lewiston and said
point, and provided that in case
said railroad is not equipped to
such point on or before June l,
1907, then said deeds shall be re-
turned to us and this instrument
shall become null and void, co. to
receive and deliver to US in return
for such deeds of land full paid
shares of the capital stock of any
corporation with which said trus-
tees may deal by virtue hereof at
the present value of said land
as appraised by three appraisers to
be appointed by said trustees, and
at the par value of such shares Of
capital stock; necessary expenses
of this trusteeship to be paid by
said corporation"
Section 2-The officers of this
board shall consist of chairman
a vice chairman, treasurer and
secretary, who shall perform the
duties which ordinarily devolye
upon such officers of similar organ
izations, and such further duties as
the board of trustees may prescribe
from time to time.
Section 3-(a) The board oil
trustees shall hold at least one
regular meeting during each month
on the second Tuesday thereof and
may hold special meetings from
time to time subject to the call oil
the chairman and secretary upon
giving notice thereof as follows:
The secretary shall notify each
member of the board of trustees by
registered mail addressed to his
Loot Euo-u oddrncc r,;,,;cr an,