Grant County herald. [volume] (Lancaster, Wis.) 1850-1968, 1915-05-19
PROPOSITION.


To the Town of Beetown. Grant County,
Wisconsin.
The wisconsin And Illinois Railway Com
pany a corporation duly Incorporated under
the laws of the State of Wisconsin. Tor the
purpose of constructing, maintaining and
operating q standard. ordinary gauge electric
railway, with overhead transmission lines
for its power. with its central power plant 10
be located i'm the city of Lancaster. in said
Grant County, Wisconsin, tor the puOllc
use in the TRANSPORTATION OF persons ana
property within the counties of Grant ana
Lafayette. in the State OF Wisconsin, ana
within the State of Illinois, over the follow
From and to the City of Lancaster, Grant
County. Wisconsin, extending through the
townships OF south Lancaster cn Bee MnYa
Mount Ida. Fennimore. Liberty, EllenbOro
and Lima within the city of Lancaster over
or near the route of said railway as now
surveyed. subject to such changes as may
hereafter be determined by the said city OF
Lancaster. through the Incorporated viii
village of Patch Grove, touching the viii
lagos of Mount Hope, Mount Ida. Fennl-
more and Sitter in said county. or as near
thereto as may he practicable, Salu llne
passing through the township of Platteville
and ii practica bic through the city of
PlatteVille in Grant County, traVersing the
cOunty.of Lafayette through the townships
of Elk Grove, Seymour. DarlingtOn Shulls-
burg, Monticello. New DiggingS and Benton,
reaching the cities of Darlington and shulls-
burg and the village of Benton by proper eN-
tensions or branch lines, thence in "A south
easterlV direction through the State Of lii
nOiS to the city OF Chicago. the terminus
of said railway. desiring aid. and being
DESTROYS that said town OF BeetoWn make
a subscription to its capital stock. puf-
Suant to the statutes in such case made
and provided to be paid in municipal bonds
to be issued by said town Of BeetOWn, mere
by makes the following proposition to said
town OF Beetown pursuant to Section 945 OF
the Wisconsin Statutes Of 1898 and the
several acts amendatory thereof and sup
Elementary thereto:
- ii h
scribe or Three Hundred Thirty (3hO) SnareS
of the capital stock Of said railWa y company
of the par value of Thirty Three Thousand
$4,000 Dollars in the manner ana al Inc
time provided and authorized by statute
unoer this agreement: such subscription
To be payable in seventeen 90 interest
bearing coupO bonds. sixteen (l6) OF SuCh
bonds to be Of the denOmin alton and face
value OF two thousand coco dollars. ana
one Of said bonds TO be OF the denomination
or face value o. One Thousand Q,OOO) Dol
lars. making in all the amount OF thirty
three thousand (33 000) dollars AT par value.
numbered consecutively from one Cd to
seventeen 40 both inclusive. not payable
before maturity ut the option of said town
to be issued by said town of BeetOwn. made
payable 10 SAID 1a{lway company or bearer,
and TO mature as follows:
Number one ID for 5000 to be payable
on June LIST. 1918
Number two % for S2O0o to be payable
on June lst 1919
Number three C8) for $4,000 to be payable
on June LIST, 1920
Number four 60 for $1,000 to be payable
on June LIST. 1921.
Number i've 90 for s. COO to be payable
on June 1St, 1872
Number six (6) for 5000 to be payable
on June LIST, 1923.
Number seven az for - 900 to be payable
on June LIST 1924.
Number eight (S) for So 600 TO be payable
on June 1st 1925
Number nine (O for 5000 to be payable
on June 1St 1926.
Number ten (iO) for $1,000 to be payable
on June lst, 1927.