Grant County herald. [volume] (Lancaster, Wis.) 1850-1968, 1912-07-31

Solute delivery thereof. and upon their
delivery TO said railway company, the said
town OF Beetown shall lawfully pass an
ordinance or resolution directing that there
snail be annually levied a tax upon the
taxable property of said town in addition
to all other taxes. Suf1Cient to paw. when
due, the interest to grow due on said bonds
and also to pay and discharge the principal
thereof, as and by the time the same shall
Second: The purpose of said railway
company is to construct. maintain and oper-
ate an electric railway OF standard, Ordina-
~ gauge, Tor the public use Tor the convey
ance of persons and property, with overhead
transmission lines for its power and with
its central power plant located in the city
OF Lancaster, Grant county, Wisconsin, such
construction, maintenance and operation to
be IN several sections which shall ultimate,
lY connect and cover the route aforesaid
one OF SuCn sections shall commence at the
west line OF section eighteen (lS), township
four north, range four 4 west OF the
4th principal meridian. in the town of Bee
town Grant county, Wisconsin. and extend
thence to the village of Bloomington in said
Grant county. Wisconsin. The said railway
company snail have the said section cOmplet-
ca ana IN operation by the passage of cars
moreover continuously from said west line
OF section eighteen ISL, township tour
L4I North Range four At west of the
4th principal meridian in said town
of BeetOwn to the village of Blooming
ton, IN said Grant county. Wisconsin, by or
soon as said section of railway is so COM
pleted and in operation the said railway
company shall be entitled to all of said
oondS ana 10 receive the same from the
trustee hereinafter named upon the condi-
tiOnS her chatter mentioned.
Third: In consideration of the execution
and delivery of said bonds said railway com
pany shall issue and deliver to said town of
BeetOwn three hundred thirty $500 shares
of the capital stock of said railway company,
of the par value of One Hundred (100 Dol
lars each, being sum in all equal, at the par
value OF said stock to the principal sum of said
bonds; which stock shall be delivered to the
trustee hereinafter named. for the use OF
said town, at the same times and in ike
amounts as deliveries shall be made of said
bonds to said railway company, its success
SOrs or assigns The said stock and bonds so
issued shall be deposited in escrow with The
Union State Bank of Lancaster, Wisconsin,
as trustee, within thirty (30) days after de-
mand therefor by said railway company.
its successors or assigns; and whenever
said railway company, its successors or as
signs shall have earned o. become entitled
to said bonds. said trustee shall deliver them
to said railway company, its successors or
assigns. forthwith, upon beng rendered GER
tlhcates for an equal amount OF the capital
stock Of said railway company.
Fourth: The fact Of construction, COM
pletiOn and operation OF said section of rail-
way may be proved by resolution Of the
town board of said town of BeetOwn. or in
such other manner as may be agreed upon
by said Town bOardand said railway COM
IN WITNESS WHEREOF. the said THE
CHICAGO SHORT LINE RAILWAY COM
PANY has caused this proposition to be ex-
ecuted by its president and secretary, and
under its corporate seal this BIRD day of
July, 1912.
THE CHICAGO SHORT LINE
- RAILWAY COMPANY
COrpOr- By JOSEPH T. BENNETT
ate President
Seal FRANK @. MEYER
Secretary
The legal voters of said town are further
notified to deposit a ballot at said special
election upon which is written or printed
the words: For the railroad proposition
or the words Against the railroad DrOpOs-
ition." Those favoring the acceptance of
said proposition by said town to cast ballot
containing the words: For the railroad
proposition and those opposed to the &C
ceptance of said proposition by said town to
cast a ballot containing the words: Against
the railroad proposition.
The voting place for said election shall be
as follows
In the Town Hall, in the Village Of Bee
town. The time of opening the polls shall be
at nine [9l O'Clock a. m. and the closing FIVE
thirty [5:30l o'clock p. m.
VIC. BEERS
Town Clerk
Town of BeetOWn.
Grant County, Wisconsin.