Grant County herald. [volume] (Lancaster, Wis.) 1850-1968, 1915-06-02
PROPOSITION.

To the Town of Beetown, Grant County,
Wisconsin.
The wisconsin And Illinois Railway Com
pany. corporation duly Incorporated under
the laws OF the State of Wisconsin. for the
purpose of constructing, maintaining and
operating a standard. ordinary gauge electric
railway. with overhead transmission lines
for its power. with its central power plant to
be located in the city of Lancaster. in said
Grant county. wisconsin, for the public
use Ia the transportation of persons and
property within the counties of Grant and
Lafayette. in the State of Wisconsin,. and
within the State of illinois, over the follow
ing route. tO-wit:-
From and to the City of Lancaster, Grant
County. Wisconsin, extending through the
townships of South Lancaster BeetOWn,
Bloomington. Patch Grove Mount Hope
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 NAV
hereafter be determined bv the said city of
Lancaster. through the Incorporated vii
lage of BLOOMINGTON. touching the plated
village of Patch Grove. touching the viii
lagos of Mount Hope, Mount Ida. Fenni-
more and Sitter in said county. or as near
thereto as may be practicable. said line
passing through the township of PlatteviIle
and if practicable through the city of
Platteville i'm 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 ex-
tensions or branch lines. thence in a south
eaSterlv direction through the State of Hill
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 pur-
suant to the statutes in such case made
and provided. to be paid in municipal bonds.
to be issued by said town of Beetown here
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:
First: That said town of Beetown sub
scribe tor Three Hundred Thirty $50 shares
of the capital stock of SAID railway company
of the par value of Thirty Three Thousand
($33,000) Dollars in the manner and at the
time provided and authorized by statute
unoer this agreement such subscription
TO be payable in seventeen ~ interest
bearing coupon bonds. sixteen O6) of such
bonds to be of the denomin alton and face
value of two thousand C2,0OO) dollars. and
one of said bonds to be of the denomination
or face value OF One Thousand $1,000 Dol
lars. making in all the amount of thirty
three thousand (33.O00) dollars at par value,
numbered cOnSeCutively from one ID 10
seventeen C0 both inclusive, not payable
before maturity at the option OF said town.
to be issued by said town of Beetown, made
payable to Said railway company or bearer,
and to mature as follows:
Number one ID for 5000 to be payable
on June lSt. 1918
Mum Der two ~ for 5000 to be payable
on June list, 1919
Number three C3) for $1,000 to be payable
on June lSt, 1890
Number four "a for $1,000 to be payable
on June lSt. 1921.
Number five (5) for $1,000 to be payable
on June LIST, 1872.
Number SIX (6) Tor $2,O0O to be payable
on June LIST 1928
Number seven ca for 81 900 to be payable
on-June LIST 1924
Number eight Os for 5000 to be payable
on June 1st, 1925.
Number nine (9) for $1,000 to be payable