Grant County herald. [volume] (Lancaster, Wis.) 1850-1968, 1912-08-07

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
shall be annually levied a tax upon ne
taxable property of said town. in addition
to all other taxes, sufficient to pay, 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
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 convex
ance of persons and property, with overhead
transmission lines for its power and with
its central power plant located in the city
of Lancaster, 6rant county, Wisconsin, such
construction, maintenance and operation to
be IN several sections which shall ultimate
lY connect and cover the route aforesaid.
one OF such sections shall commence at the
west line OF section eighteen u.s., township
four L4I 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 shall have the said section Complet~
ed ana IN operation by the passage Of cars
thereover continuously from said west line
OF section eighteen T1Sl township tour
t4l North Range four L4l west of the
4tn principal meridian, in said town
OF Beetown to the village of Blooming
ton, in said Grant county, wisconsin bv or
before the first day of June, 1915. and as
soon as said section of railway is so COM
pIeted and in operation the said railway
company shall be entitled to all of said
bonds and 10 receive the same from the
trustee hereinafter named upon the condi-
t1onS 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 l330) shares
OF the capital stock Ofsaid railway company,
of the par value of One Hundred (l00 Dol
lars each, being sum in all equal at the par
value of said stock to the principal an of said
bonds; which stock shall be delivered to he
n.sf M fnr fEao 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 600 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 or become entitled
to said bonds said trustee shall deliver them
to said railway company, its 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
PANY has caused this proposition to be ex-
ecuted by its president and secretary, and
under its corporate seal this 23rd dav of
July, 1912.
THE CHICAGO SHORT LINE
- RAILWAY COMPANY
CorpOr- By JOSEPH L. BENNETT
ate President
Seal FRANK @. NEVER
- Secretary
The legal voters of said town are further
notified to deposit ballot at said special
election upon which is written or printed
the words: For the railroad proposition "a
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 ac-
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 a. M. and the closing five
thirty [5:SOl O'Clock p. m.
We BEERS
Town Clerk.
Town of BeetOWn.
Grant County, Wisconsin.