the legal voters of such county by said board of supervisors, or county court, as the case may be, at any regular or special election called for that purpose, twenty days' previous notice for which shall have been given, designating the amount proposed to be so contributed to said railroad, and a majority shall have voted for the same. The posting of said notices shall, in other respects, be regulated by the law now in force concerning the posting of notices for the election of county officers. 2. The legal voters of any town, township or city Submitted to along the line of said railroad, whether said railroad shall legal voters. run into or through said town, township or city, or not, may, by a majority of the legal voters voting at any elec tion held for the purpose, make appropriations or donations to aid in the construction of said railroad; and the proper authorities shall levy and collect taxes, in the manner that other taxes are levied and collected, to promptly meet any obligations assumed under and by virtue of this act. tion. § 3. Whenever any township shall desire to contribute Contributions. toward the construction of said railroad, as provided in section two of this act, the vote may be taken at any regular or special meeting, and, if at any special town meeting, may be called as now provided by law for such meetings; and whenever the voters of any town or city shall desire to contribute toward the construction of said railroad, a special election may be held by the proper authorities of any such town or city, upon giving ten days' notice in any newspaper published in such town or city, or by posting up writ-Notice of electen or printed notices in four public places in said town or city, of the time, place and object of such election; or such appropriation may be voted at any regular election in such town or city. The votes at any election held in any incor porated town or city, for the object herein mentioned, shall be canvassed and returned as at any other election in said town or city; and in all cases, the notices given shall specify particularly the amount to be voted for or against at such election, and in no case shall the appropriation exceed the amount specified in the notice or notices. borrow 4. The authorities of any township, town or city-May such township, town or city having voted to contribute aid money. in the construction of said railroad-may borrow money to Issue bonds. promptly meet such contribution, and issue bonds of such township, town or city, at a rate of interest not exceeding ten per centum per annum, payable annually or semi-annually, as they may deem best, and may negotiate the same on such terms as they may deem advisable, and may make the same payable at such place or places, and payable at such time or times, as they may deem for their best interests, and shail have power to levy and collect such taxes as may be necessary to pay accruing interest, or pay the principal sum. Payment completion road Right of way. Validity of. on of Contributions ratified. 5. In all cases when any township, town or city shall have voted to contribute any aid, as herein before provided, toward the construction of said railroad, the amount or amounts so voted shall become due and payable as soon as said railroad shall be completed into or opposite to any such township, town or city. 6. The authorities of any such township, town or city may use and appropriate (of) the moneys herein before provided to be raised for the purpose of procuring the right of way for said railroad company, for their railroad, in the county or counties where such township, town or city shall be situated, and may authorize the collection of money for such purpose as soon as said railroad line shall be permanently located. 87. Whatever any township, town or city along the line of said railroad shall have heretofore done toward securing the right of way for said railroad, is hereby ratified and declared to be valid. § 8. All aids, contributions or appropriations heretofore voted or ordered in the counties of Cook, Will, Kankakee, Iroquois and Vermilion, either of townships, towns, cities or counties, are hereby ratified and confirined, upon the terms and conditions by them, or each of them, so voted or ordered: Provided, that this section shall not apply to the townships of Butler, Georgetown and Ellwood, in the county of Vermilion, nor to the appropriation made by the county of Vermilion, by its board of supervisors. 9. This shall be a public act, and shall be in force. from and after its passage. APPROVED March 24, 1869. 27, 1689. In force March AN ACT to authorize the towns of Momence and Ganier, in Kankakee county, to issue bonds in aid of the Chicago, Da..ville and Vincennes Railroad Company. Preamble. PREAMBLE. Whereas, on the 11th day of July, A.D. 1868, an election was held in the towns of Momence and Ganier, in the county of Kankakee, and state of Illinois, and that at said election the electors of said towns voted to issue twenty-four thousand dollars, in each of said towns, in bonds, payable in not under ten and not over twenty years, with interest not exceeding ten per cent. per annum, for the purpose of assisting the Chicago, Danville and Vincennes Railroad Company-said money to be paid to said company when said company shall locate and complete said road, from the northward, to the village of Momence; said road to run within one-half mile of the north end of the north bridge across the Kankakee river, in the village of Momence; the depot to be located by the legal voters, at an election to be held for that purpose by the electors of said towns of Momence and Ganier; said depot to be built by said company on the line of said road, as per agreement between said parties before said election; and whereas the two towns voted, also, at said election, to divide all revenue that shall accrue to said two towns, or either of them, for taxation of property, both personal and real, belonging to said road, equally between said two towns'; and whereas the said two towns also voted to pay for the depot grounds and the right of way through said two towns-said necessary funds to be raised by taxation equally between the two towns: therefore, SECTION 1. Be it enacted by the People of the State of Illinois, represented in the General Assembly, That each Issue bonds. of the said towns of Momence and Ganier are hereby authorized to issue bonds, in the sum of twenty-four thousand dollars, payable in not less than ten or over twenty years, with interest not exceeding ten per cent. per annum, and sell the same at not less than par value, and pay the money, when so raised, to said railroad company, when the conditions, as above specified in the preamble, are fulfilled by said railroad company. issue bonds. 2. The supervisor of each town shall issue said bonds, Supervisors to in sums of not less than one hundred dollars, and sell the same; and there shall be a special tax levied and collected, annually, upon the personal and real property of each of said towns, sufficient for the payment of the annual interest on said bonds. § 3. The taxes which may be hereafter collected from said railroad company, for town purposes, by either or both of said towns, shall be shared equally by said towns; and it shall be the duty of the collectors collecting said tax to pay to the officers of each town to whom the same is made payable by law, one-half of the same, when so collected. Duties of the collector. 4. The authorities of each of said towns are hereby Levy special tax authorized to levy a special tax equally upon said towns, sufficient to pay for the depot grounds and the right of way through either or both [of] said towns, after the amount. necessary shall have been ascertained. § 5. It shall be the duty of the authorities of said towns Redemption of to provide, by special tax upon all the property of said bouds. towns, for the redemption of said bonds at their maturity. lection of taxes. 6. The special taxes aforesaid shall be levied and col- Levy and collected at the same time and in the same manner as the other taxes levied by said towns; and the collector of said towns shall have the same rights, powers and remedies to enforce the collection of the same, by sale of property, or otherwise, as it may be provided for in other cases of town revenue, and shall be allowed, for collecting the same, one county clerk. per cent., when settlement is made by the collector with the supervisor to whom the money is to be paid, when collected, except as provided in section 3. Duties of the § 7. And it shall be the duty of the county clerk of said county to extend all taxes specified in this act, after the same shall have been certified by the authorities of said towns to said clerk. § 8. This act shall be deemed a public act, and shall be in force from and after its passage. APPROVED March 27, 1869. In fore April AN ACT to enable the representatives of stock subscription to the Grayville 9, 1869. Aid to road. Construction of act. Elections legalized. No change route and Mattoon Railroad Company to donate and transfer said stock and to legalize the election and the manner in which the stock was voted to aid in the construction of said road. SECTION 1. Be it enacted by the People of the State of Illinois, represented in the General Assembly, That the county court of Edwards county and the several boards of supervisors of the counties of Richland, Jasper and Cumberland, as well as the legal authorities of the towns of Grayville and Albion, and the cities of Olney and Mattoon, and the several townships through which the said railroad shall or may be constructed, which said counties, towns, cities and townships having voted or which may hereafter vote stock subscriptions to said railroad, be and they are hereby authorized and empowered by this act, to donate the said stock subscriptions so subscribed or which may be hereafter subscribed in aid of the construction of said railroad to the party or parties undertaking the construction of the same, and shall have power, in their official capacities, to assign and transfer the same, whether in bonds or other subscriptions, to the said party or parties, in accordance with any contract or contracts that now exist or that may hereafter be entered into for the construction of said railroad. 2. That nothing contained in this act shall be so construed as to affect the condition and manner in which elections were ordered, stock voted to be subscribed to aid in the construction of said railroad. 3. That all elections held for the purpose of voting said stock and the manner in which said stock was voted are hereby legalized, in all respects, and said stock to be subscribed in the manner the same was voted. 4. Provided, that nothing herein contained shall operate so as to change the points or line of location of said railroad in Jasper county, or in any wise to impair the con ditions upon which the stock subscriptions of Jasper county was made to said road. § 7. This act shall be deemed and taken as a public act, and be in force from and after its passage. APPROVED April 9, 1869. 5, 1869. AN ACT to authorize the incorporated towns and townships in the counties In force March of Livingston, La Salle and Marshall to subscribe to the capital stock of the Hamilton, Lacon and Eastern Railroad Company. Counties may SECTION 1. Be it enacted by the People of the State of Illinois, represented in the General Assembly, That any incorporated town or township of any county, through or subscribe stock. near which the Hamilton, Lacon and Eastern Railroad Company may be located or about to be located, is hereby anthorized and empowered, by a vote of the people of the same, to subscribe to the capital stock of said company any sum not to exceed one hundred thousand dollars each; which vote of the people shall be ascertained by an election held in the manner prescribed by and in conformity with the provisions of an act entitled "An act to authorize the counties of Woodford, La Salle and Livingston, and the townships, cities and incorporated towns and corporations, in said counties, to subscribe to the capital stock of any railroad company that now is or hereafter may be incorporated in the state of Illinois," approved March 6, 1867. § 2. It shall be the duty of the clerk of each township Duty of counwhich may have or may hereafter subscribe to the capital stock to said railroad company, to keep, in duplicate, a complete register of the bonds issued, showing their num bers, amount, date and rate of interest, and deliver one copy of the same to the county clerk of his county. ty clerk. § 3. Collectors shall be allowed not to exceed one per compensation cent. on all taxes collected, to pay the interest and prin cipal of said bonds, and treasurers not to exceed one-half of one per cent, for receiving and paying out the same. 4. This act shall be deemed a public act, and be in force from and after its passage. APPROVED March 5, 1869. Vol. III-46 |