Grant County herald. [volume] (Lancaster, Wis.) 1850-1968, 1912-07-24
NOTICE OF SPECIAL ELECTION
TOWN OF SOUTH LANCASTER

TOWN OF SOUTH LANCASTER
To the legal electors of the Town of South
Lancaster, Grant County, Wisconsin:
Notice is hereby given that special cleo
ton will be held for said town, on the
9th DAY OF AUGUST, 1912,
tor the purpose of submitting to the legal
electors of said town the question whether
the said town shall accept the proposition OF
The Chicago Short Line Railway Company
Wisconsin corporation, copy OF which
proposition is as follows, to-wit:
PROPOSITION.
TO the Town of South Lancaster. Grant
County, Wisconsin.
THE CHICAGO SHORT LINE RAILWAY COM
PANY, a corporation duly incorporated un-
der the laws of the State of wisconsin, tor
the purpose of constructing, maintaining
and operating standard, ordinary gauge
electric railway, with overhead transmits
sion lines for its power, with its central
power plant TO be located in the CITY of Ian
caster in said Grant County, wisconsin, for
the public use in the transportation OF per
sons and property within the counties OF
Grant and Lafayette in the State of Wis
consin. and within the state of Illinois. over
the following route, to-wit:
From and TO the City of Lancaster. Grant
County, Wisconsin, extending through the
townships of South Lancaster, Beetown
Glen Hayen. Bloomington, Patch Grove, Mt.
Hope. Mt Ida. FennimOre, Liberty, North
Lancaster Ellenboro and Lima and touch
ing the city Of Lancaster, the villages OF
North' AndOver, Bloomington, Patch Grove
Mount Hope, Mount Ida, Fennimore and
Sitter in said county, or as near thereto as
may be practicable. said line passing
through the township of Platteville and the
city of Platteville in Grant County, traver-
sing the county of Lafayette through the
townships of Elk Grove, seymour, Darling
ton. ShullSburg, Monticello. New Diggins
and Benton, reaching the cities of Darling
ton and ShullSburg and the village of Ben
ton by proper extensions or branch lines,
h
the state of Illinois to the city OF Chicago,
the terminus of said railway,
desiring aid, and being DESTROYS that said
town of South Lancaster make a subsCrip
tiOn to its capital stock, pursuant to the
statutes in such case made and provided, to
be paid in municipal bonds to be issued Ov
said town Of South Lancaster. hereby makes
the following proposition to said town of
South Lancaster, pursuant to Section 945 of
the WiSCOnsiu Statutes of 1898 and the sew
eral acts alnendatOry thereof and supple
First: That said town of South Lancaster
SubScrib be for two hundred twenty i220l shares
of the capital stock of said railwaycOmpany
of the par value of Twenty-Five Thousand
[22, 000l Dollars in the manner and at the
time provided by statute under this agree
ment; such subscription to be payable in
seventeen TIT Understanding coupon
bonds, five [5l of such bonds to be of the
denomination and face value Of Two ThOus-
and 10000 Dollars. and the remaining twelve
L12l bonds to be each of the denOmina-
ton and face value of Ore Thousand [10O0l
Dollars, making in all the amount of Twenty
two Thousand [22 000] Dollars at par value,
mum bered COnSeCuuVely from one TIT to
seventeen L17] both inclusive, not payable
before maturity at the option of said town,
to be issu, by said town of South Lancas-
ter, made payable to the said railway com
panv or bearer, and to mature as follows
Number one d for $1,000 to be payable on
June 1St, 1916.
Number two ~ for 81, 600 to be payable on
June 1St, 1917.
Number three % tor $1,000 to be payable
on June 1St, 1918.
Number four ~ for $1,000 to be payable on
June 1St. 1919.
Number i've 90 for $1,000 to be payable on
June LIST, 1920.
Number Six (6 for $1,000 to be payable on
June 1St 1921
Number seven "a for $1,000 to be payable
Number eight (s) for $1,000 to be payable on
June 1st, 1928
Number nine (9) for $1,000 to be payable on
June 1st, 1924