The Detroit times. [volume] (Detroit, Mich.) 1903-1920, 1915-08-18

Nv 4Dy9<0o9y 04teo
r. - rel (T9nefss 81 posses-
~ ~. Cputt may decree II
- 0xo1 shall be less than
- ~ 1ebts and more than
~ m0fkgogep upon the City
- Ioero9 0hAll specify the ex-
1068 az ne underlying subur-
10f& eoG&s debts gbeinR mort
oRboe I've tQ ten. Inclusive.
aldlo ~ which u 90 be paid
sf slseh price taking the
Ssn the direct mortgages
- lIneS within the City, the
1X ~ fhs Ilaifway or amply Sc
~ ~ the Railway.. - the court
VI IL decree direct.
Rs74&e CITY and any municipal
~ control OF the railway
~ manage and operate the
I'd 0hAlI 90 exercise their pow
IT q obtain from the same suf-
warnings TO pay. and the city
VIZ from sach sssrninss sss a.,
2lS1ne the said property In all
~ = a. hi9h q state of eff
- when delivered to Il, tcl
- I'D lnterest (d) the $50. 900
NuA oaeh year upon the prtn-
4W the noptgnge No. 3 In SEIZED
lel end Will make deposits In
synH fund created In accord
18th the provisions OF the pro-
gbartsr amendment attached
~ be known a. The Detroit
ailwsy sinking Fund" - fol-
n 4wSnty-flvs thousand dollars
last day Of each month. begin
4oly. l1lk thereafter. and until
'04f I. 1854. LIS per cent per
- ~ Saj6 purchase price In equal
~ notAllments on the last day
month. The management and
of the said sinking fund. the
eat thereof and payments
Foon upon the said bonded
<&AN vest In the Board Of Street
~ Co01mjssioners OF the City,
CITY Agency a. may succeed
! " &He ssld court shall by its de-
1wply provide for the payment
AEeeaa. II any. OF such mort
o4to above the purchase price
~ RAILWAY Company. 20 that the
All ~ thoroughly protected and
6o0yt transferred to the City |!
~ 3Soe1 Of all debts. demands |
GtylttsaL except the mortgage |
II ~ batd ~ part Of the price.
= 1lnGsmuch a. the bondholders
>G1lv tnteEe1ted. therefore IL In
Mt the City shall make the
konulo u parties defendant in
I1t aQd the Railway Company
k1fQomee the trustees for the
1870 - enter their general
$3.50 - 0uch suit to enforce
1rGoe n order that all persons
~ 10y ~ before the Court
1n4oeoGte protected and q per-
10 Donood. This stipulation 10
tJa1 eon6ition Of this con-
lE1w tfackags or routes built
&fX4tx w. SkLVoSS OF PoItiouS
(oe not bow In use shall not
- .1ha11 90 provide.
(s|Jsy ns4y abandon or remove
6hcoh ~ reason OF shifting
0n md the like becomes use-
a1tnDrof1tAblA upon obtaining
r0m4 " the trustees Of the
4 eovering the property af-
Va - III unattsrs pertaining |
D1a ehtq Agreement % far
v0Io ouQh mAttoro. shall be
4 tho PARTIES and upon
01eA Roy arise and matters
Eplnont o. the parties. the
IoDV uRtoo 20 accept and
Ia 04al oecroe of the court
IS siSs property IL ,deiivs
HGe Co@pany shall stimuli
01tv9F All the DoOlk4 rec |
oQr1nt4 llteretufA data ana
~ ~ several opsrattng 90.
H4 Gvook1ng to the MANAGE
~ logat3on Of the Railway
y nSsfni aad proper In the
q GSa ~ sxscutisa ara per-
~ this agreement. all
NTH uod actions and al
n1Qg - action between the
e4a11 ~ thereby settled, re-
"a &eeeAArged.
y costs Incurred BY either
!xI0 the Nearing and disposi-
II t4o e1oo In the Circuit Court |
~ Couafy Of Wayne shall be
~ - eikher party. Each party
~ tn own expenses and c0sts
~ lne1udinG the mai hearing
5GD4ejt1on Of the cause In the
curt Tor the County Of
49, ~ e Mnsseo ,fh.sssss D c,sy e.
D 8necuted BY the President and
NJ Qf the Board Of street
Commissioners. and the
Waited Railway has caused |
80 - b executed by its Pres
X04 Secretary. pursuant TO res
4 ~ IT. stockholders duly |
~ = meeting held on the |
~ of August. 1918. and OF |
qR4 % Directors. duly adopted
h 1geting Of said Board on the
az e August 1915
Il Ely OF DETROIT.
~ James CouSena.
- EuA0VA1 OVAEu VI plTStL
4 .'5 Railway Commissioners.
lay q. Hayden.
eecretary, Board Of Street
N Railway Commissioners
Y QBIROIT UNITED RAILWAY,
~ J. G. Hutchins.
~ II - r Peters
4 81 Secretary.
o. CALIFORNIA.
M ct San Diego, %.
y 9TH 0ay Of August. 1918.
~ ou1eared before me James
mR prooioeut Of the Board of
~ Midway Commtssioners Of the
XII Detroit. and Acknowledged
|<s HAe executed the foregoing
Q4t IN behalf OF the City OF
and that II 70 his free act
4. ~ ADELE THOMSON.
~ 1@4&ofy Public In and for San
0eeeo County, California
eSDmiesion expires Sept. II.
on MICHIGAN.
E4uotv OF Wayne. %.
ID 3e4 dAy OF August, 1915,
u appeared before me Jay
4ogk yeerotAry OF the Board
tSeuWay Commissioners OF
II - DetrolG and acknowi-
~ has executed the fore
1o1ene u bsholf OF the