The Telegraph-courier. [volume] (Kenosha, Wis.) 1888-1946, 1907-02-07
President A. C. Frost Of the ke-
nosha Electric R. R. CO. Sends
Bonds Signed BY Himself
WITHHOLD DIS APPROVAL
Kenosha Electric Railway Company
Files It's Acceptance to the Ordi-
nance Recently Passed by
the Common Council

The Kenosha Electric Railway com
pany by it's president Albert G. Frost
has filed with the city clerk an ac-
ceptance Of the two railway ordi-
nances recently passed by the city
council to permit the extension Of the
lines Of the company on different
streets Of the city. With the accept
ances of the two ordinances the com
pany has filed two bonds as required
by the ordinances, but these bonds
which are in the hands of the mayor
have not as yet been approved. It is
not known at what time Mayor Cor
man will make his decision on the
bonds.
The filing Of the acceptance of the
company of the ordinances makes the
contract binding on both the city and
the railwayscompany and there is 20
longer any cause for delay ia the
beginning Of the work of bailding the
extensions except the approval Of the
bonds by the mayor.
bonds fileds by the company. The
bonds, two in number are for the sum
of $4,000 and both of them are signed
by the Kenosha Electric Railway
company by A. G. Frost as president,
and bysA. G. Frost as surety. The
bonds are regular in form and are
made payablelsto the City of Keno
sha.
The bond in the penal sum of SIS, 900
is given by the company to prevent
the city being sued for damages for
any accidents that might occur during
the building of the proposed extern
sions of the line. The other bond is
for SIS, 1000 and is given for the pur-
pose Of assuring the city that all Of
the provisions of the ordinance will
be carriedsout.
Under the terms of the ordinance
the bond of S. 900 was to have been
approved by the mayor at the time of
the acceptance of the ordinance, but
the mayor will have thirty days more
in which to file his written approval
of the other bond.
Mayor German stated that Mr..
Frost has made schedule of property
to show that he was financially liable
for the amount of the bonds, but this
was not in the possession of the mayor
this morning, and he will ask for the
filing of such schedule. It is claimed
that Mr.. Frost testified in Racine
that he had assets clear of all in
cumbrances to the amount of one
hundred thousand dollars. The bond
has no schedule attached, but Mr..
Frost has made the usual affidavit in
connection with the bond that he has
property valued at upwards Of SIS, 900
that is not covered by any other
pledge.
In speaking of the matter Wednes,
day night, Mayor German said that he
believed the surety of the bond to be
adequate, and that while he person
ally would have preferred a bond
given by some other surety, the
ordinance did not require such bond.
The approval of the bond in its pres
ent form would mean great saving
for President Frost and the railway
company, as the larger bond may run
for years, and under the present ar
rangement the company would not be
forced to pay out large sums to the
bonding companies for furnishing
sureties.
az ~ IF 1n N4A1s -
in the form required by the law and
the ordinance and no fault is to be
found with it.
When the forma1ities are over the
railway managers are planning to
start work on the extension of the
lines at the earliest possible date.
The material for the lines has all
been purchased and it lis expected
that it will be shipped tol Kenosha
within the next few days. It.. is the
plan of the company to begin the
work in Kenosha about the first of
April, and a sufficient force Of men
will be brought to Kenosha to COM
plete the line by the first of ..Septem-
Der. Under the ordinances the lines
on Ashland avenue, Grand avenue
and Elizabeth street must be com.
pleted by the 3Oth of January, 1908,
and the lines on Caledonia street
must be completed within six months
after the city secures the opening Of
the street. The bond for SIS, 900 is to
remain operative until such a time as
the Caledonia line. is completed.
W. II. Turner, Of Millersburg, Pa,
a former resident Of the Anmxn &c