The Randall County news. (Canyon City, Tex.) 1908-1926, 1908-09-25
THE STATE OF TENAS.
County of Randall.

County OF Randall.
into this the Dist day of September, A.
d., 1908, by and between the local sub
scribers hereto, citizens of the County
of Randall, ard others who own lands
or who are otherwise interested in the
development or enhancement of land
and other business interests in the
county above named, rs parties of the
first part hereinafter in this contract
denominated the first party" and Eu-
gene G. Gordon, Trustee. of Amarillo,
Texas, hereinafter dcnOminated the
Second Party"
WITNESSETH, that whereas the first
party. desiring 10 secure the construc.
lion Of a railway from Canyon City,
Randall County TEXAS, 10 trunk line
of railway other than the Santa Fe
the proposed line of railway to be
standard gauge with ties equal in size
and rails fully as good if not better
than those used on the railway from
Canyon City to Plainvicw and with a
general grade not to exceed per cent
and in no case to exceed u per cent
at any point and to be built in a south
erly or southeasterly direction TO a
direct connection with some standard
gauge railroad south or southeast Of
Briscoc County and running in south
easterly direction; and,
WHEREAS, in the opinion Of the first
party the construction of said proposed
line would greatly enhance the value
Of our lands and all other business in
tcrests for many miles on either side
of the proposed railway line by fur
nishing much quicker and cheaper
TRANSPORTATION for all the products OF
our land and by building up towns and
trading ccntcrs and business interests
along said line, and in general increas'
ing the convenience and advantages
to MS in many ways, and,
WHEREAS. the said second party
proposes and binds himself, his sue
ressors and assigns, to build or secure
the construction of said proposed line
of railway, as hereinafter defined
upon the compliance with the follow
ing requirements of the first party, IA
follows:
FIRST-Thc parties OF the said frs
party are TO duly subscribe and pay al
amount equal to the aggregate of SAFE
subscriptions TO One Dollar t$l.OO
per acre on each and every acre o
land lying and being within six miles
on either and both sides of the pro
posed line of railway as shall be here
after located by the said the secon'
party. from the beginning point
CANYON CITY. Texas, and runnini
thence in southcastcrly direction u
the county line of said Randall Couh
~ Texas. The said aggregate amour
10 be subscribed and duly closed vi
on terms and conditions hereinafte
stimulated. within thirty days from thu
date. unless such time Is EXTENDED
by said second party which he hereD
L.
such extension should seem to ID
necessary.
SECOND-Twclvc per cent (l2%) o
tho apprepatc amount SO subscribed
or the sum of Nine Hundred and IWei
,y one and G0.lo0 Dollars tS92l6o
per mile shall be paid In cash "hei
ever the total amount herein require
has been subscribed, or within iitce'
days thereafter, into either one Oh III
National Banks Of Canyon Guy
shall hereafter be designated by I'D
second party, to be approved Dy con
mi,tcc of three or majority ol III
same. elected b. the subscribers mere
70. which bank or banks shall act a
Trustee between all the parties mere
IN. and said money TO be paid out b
said bank or banks, acting AS trustee
only for work done on grading sal
railway or preparing the said roadbe
for laying ties thereon. This mono
10 he pad out upon The order OF Ut
said second party, his successors
assigns. at the rate OF Nine iiundre