Grant County herald. [volume] (Lancaster, Wis.) 1850-1968, 1919-06-11
BURN RAILWAY BONDS |
JOHN NJ. STONE, FIREMAN, DE-
STROYS ALL MORTAL OF WEST
GRANT HOPE-ECHO OF rs.

John M. Stone, city clerk, without
reluctance committed to the flames
seventeen bonds of the city of Ian.
caster to the Wisconsin & Illinois
Railway company, face value $4,000
with certain stipulations. This
took place at the council meeting on
last Tuesday night.
The bond issue Of $4,000 was car
ried by vote Of sos to 155 on Feb g.
1916. Later the taxpayers were can
vassed by Thos. Mcdonald and the is
sue ratified by them. The bond issue
was placed in escrow in the Union
State Bank of Lancaster to remain
until the railroad company had full
filled its pledge of constructing track
and operating trains into the town
ship of Beetown. Upon its so doing
the bonds would be the property of
the company.
The ordinance provided that the
bonds became void upon the COM
pany's failure to fulfill it's pledge by
Nov. 1st, 1918. AS result the bonds
were taken from escrow and deliver
ed to the city. The money raised by
taxation-$3 100 each year to retire
the bonds-was diverted annually to
the general fund and spent partly on
road work and partly upon payments
for the Caspers city hall site.
Other municipalities to vote bonds
were: Beetown, $4,000; Mt. Hope,
$4,000; Patch Grove, $33 900; Bloom
ington, $4,000 These bonds are al
so void and free from escrow.
The council order introduced by
Mr.. Walker directing the city clerk to
destroy by burning the bonds was:
Resolved that the city be and here
by is directed to destroy by burning
in the presence of the city council
the railroad aid AZ per cent bonds
dated June LIST, 1916, and expiring by
limitation the 1st day of November
1918, being held in escrow by the
Union State Bank and having been de-
livered by them to the city clerk, said
bonds numbered one to seventeen, in
elusive, for the total amount OF
$4,000.
The resolution was adopted without
dissent. The city clerk did then in
the presence of the city council de-
stroy by burning the said bonds.
Other Council Matters.
Billiard licenses were granted to
A sidewalk was granted to Joe Daw-
son Al. Payne and Henry Ramshaw
petitioners for same, in front of their
respective properties along So. Ad-
ans street.
A board of review consisting of five
members was duly elected. The may
or, city clerk and three aldermen
Hickok, Beck and Adpperle-will act
as such at a salary of So per diem.
Efforts will be made to enforce the
dog tax law of 81 for hes and SO for
the other kind. Clerk Stone is en-
phatic upon this point.
Johnny Decker was appointed as
Justice of the Peace, protein, sue
ceeding c. w. Burrows, absent from
duty. 1t is said that Johnny brought
the books back next day refusing to
serve. (Now we hain't got no judge
The Interstate Power company's
proposition for pumping was referred
to the business committee.
No action was taken on the stock
breeders application for a pipe line
to the fair grounds.
A poll tax of $3.50 was levied upon
motion of Orchard.
The council voted $40 to the Cam
eron Septic Tank Co. upon recon-
mendation of the National Septic
Process Protective League. This re-
leases the city from all litigation and
good radiance it is too.
After some further cOlloquy the
council did then adjourn, sine die.