Grant County herald. [volume] (Lancaster, Wis.) 1850-1968, 1912-08-14

and also to pay and discharge the principal
thereof, as and by the time the same shall
| become due.
Second: The purpose of said railway
company is to construct. maintain and Oper-
ate an electric railway of standard, ordina-
! ry gauge, for the public use for the convey
| anCe of persons and property with overh lad
| transmission lines for its power and with
its central power plant located in the city
| OF Lancaster, rant county. Wisconsin, such
construction, maintenance and operation to
| be IN several sections which shall ultimate
| " connect and cover the route aforesaid.
One OF SuCn sections snail commence at the
| west line OF section eighteen (18), township
-FOUR Al north, range four Al west OF the
4tn principal meridian, in the town or Bee
| town, Grant county, Wisconsin. and extend
! thence to the village of Bloomington in said
! Grant county, Wisconsin. The said railway
company shall have the sal section cOmplet-
ca ana III operation by the passage OF Cars
moreover continuously from said west line
| Of section eighteen ISL, township tour
| [4l North Range four Al west Of the
| 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
| bonds and TO receive the same from the
| trustee hereinafter named upon the condi-
| tiOnS her einafter 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 like
| 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-
1 n0 or hVr n 1vrTCr
its successors or assigns; and whenever
said railway company. its successors or as
signs shall nave earned or become entitled
TO SAID bonds, said trustee shall deliver them
to said railway company, it's successors or
| assigns forthwith. upon being 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
PAN4 has caused this proposition to be ex-
eCuted by It's president and secretary, and
under It's corporate seal. this 23rd day of
July, 1912.
THE CHICAGO SHORT LINE
- RAILWAY COMPANY
Corpor- By JOSEPH 7. BENNETT
Sea- sea FRANK G. m IEeS5aent
- 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 propoS-
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 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 q. m. and the closing FIVE
| thirty [5:30l O'Clock p. N.
VIC. BEERS
Town Clerk.
Town of BeetOwn.
Grant County Wisconsin.