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HomeMy WebLinkAboutOrdinances and Municipal Laws, Page 131i 'j L' REVISED ORDINANCES OF PADUCAH. 131 Marine Railways. O. & S. W. Shupy, four lots on which the :*urine railways are situated, togeth• ,,r with all the machinery, upon the condition that the said company should complete a new set of ways by the nrst of March, 1854, be and the :nme is hereby continue3 is full force and effect, as specified in said grant of record. Provided, that the ,.larine Railw,,y company, the repre- sentatives of E. Murray g Co., shall complete in all rc;pects ready for use said new ways on or before the first day of September, 1854. WM, NOLEN, Chairman. %M, Gkf'IF, Clerk. " Chesapeake, Ohio 8t Southwestern Railroad Machine Shops, An ordinance to Provide for the subscription by t':e c.tv of Paducah for twenty tltnusand dnll;;rs of the common stock of the Che,apeake, Ohio and Southwestern, Railroad compnn.,, at par, to Le paid for :,nh tbL bon i., of said city, on �onditimt thu said railroad company construct and per- wanently locate and maintain i's principal machine shops in t•ty. Whereas, it is understood that the Chesapeake, Orae and Southwestern Railroad company has in .•moi-templatiou to re- move its machine shops from Elizabethtown to same other point on the line of its toad; and, whereas, it will promote the improvement of the Litt' of Paducah and the comfort, convenience a d cdvantlge of its inhabitants if the,prinQipal machine shops of said road should be permanently located and maintained in said city; now, therefore, be it ordained by the mayor and council of the city of Paducah: I. That for the purpose of inducing said railroad company, to locate and maintain its principal machine. • shops do said city. that if said railroadtcom parry shall execute its bond to the said, city, wirh snticfactory sureties, in the pen-! or fo: ;• ' t: t , k 'r REVISED ORDINANCES OF PADUCAH. 131 Marine Railways. O. & S. W. Shupy, four lots on which the :*urine railways are situated, togeth• ,,r with all the machinery, upon the condition that the said company should complete a new set of ways by the nrst of March, 1854, be and the :nme is hereby continue3 is full force and effect, as specified in said grant of record. Provided, that the ,.larine Railw,,y company, the repre- sentatives of E. Murray g Co., shall complete in all rc;pects ready for use said new ways on or before the first day of September, 1854. WM, NOLEN, Chairman. %M, Gkf'IF, Clerk. " Chesapeake, Ohio 8t Southwestern Railroad Machine Shops, An ordinance to Provide for the subscription by t':e c.tv of Paducah for twenty tltnusand dnll;;rs of the common stock of the Che,apeake, Ohio and Southwestern, Railroad compnn.,, at par, to Le paid for :,nh tbL bon i., of said city, on �onditimt thu said railroad company construct and per- wanently locate and maintain i's principal machine shops in t•ty. Whereas, it is understood that the Chesapeake, Orae and Southwestern Railroad company has in .•moi-templatiou to re- move its machine shops from Elizabethtown to same other point on the line of its toad; and, whereas, it will promote the improvement of the Litt' of Paducah and the comfort, convenience a d cdvantlge of its inhabitants if the,prinQipal machine shops of said road should be permanently located and maintained in said city; now, therefore, be it ordained by the mayor and council of the city of Paducah: I. That for the purpose of inducing said railroad company, to locate and maintain its principal machine. • shops do said city. that if said railroadtcom parry shall execute its bond to the said, city, wirh snticfactory sureties, in the pen-! or fo: ;• ' i. r i i 1 i 132 REVISED ORDINANCES OF PADUCAH. l., O. &-S. W. Shops. --_-- — -thousand dollars ($40,000), conditioned for the construction and permanent location and maintenance of such shops in the city of Paducah, Ky., by said railroad company and its slit- + cessors, and that the cinstruction of said shops shall be completed within fifteen months from this date, and that at least forty thousand dollars shall be expended in the construe - tion of said shops, and the machinery to be used there- in, including -the actual value of any machinery that may be , removed from Elizabethtown or other points on its road, that then the city of F.Aticah, :n. consideration thereof, will subscribe for twenty thousand ($20,000) dollars, at its par valde, of the common stock of said railroad company, and will issue and deliver 0 said company in payment therefor, + at par, coupon bonds of the said city, payable to bearer in twenty years after the date thereof, and bearing five pei cent interest, payable semi-annually. 2. That upon the delivery to and filing with the mayor of said city the bond of said company in the pena:ty and con- ditions above set forth, , ith sureties satisfactory to and ap- proved by the council, the mayor of said city shall forthwith subscribe in the name of the city, twenty thousand dollars. at its par value, of the common stock of said railroad com- pany, and shall forthwith execute and cause the corporate seal of said city to be attached to twenty (20) bonds of one thousand dollars each, amounting in the aggregate to twenty thousand dollars, payable and bearing interest as above stated, and shall deliver the same to said railroad ,company or iti+ aut)iorized agenl, upon receiving, in ret'arn, certificates for common stock of said railroad company to the amount of its par value of twenty thousand dollars. Adopted June 11, 1883. HENRY H. HOUSTON, C. C. P. Approved June 18, 18$3• CHAS. REED, Mayor. r 1 1 1 Chesapeake, Ohio & Southwestern Railroad Machine Shoos. An ordinance exempting the property of the Chesapeake Ohio & Southwestern rs.ilroad from taxation for the period of ten yeaYs.' Be it ordaitit d by Le mayor and council of the city of Paducah; t. That in case the Chesapeake, Ohio & Southwestern Rnilroad company shall ncrmanently locate and maintain its machine shopsthis city, then in consideration thereof. t + .in fnr the period of ten yet.rs next ensuing after the commence t nent of the construction hereof, the property of said com piny _which now :g or :it any time during such period shall be in this.city or otltert_,ise subject to taxation therein shall be exetnpt from. all city taxation. z. , This ordinance shall take effect from its adoption. Adopted September 17, 1883. HENRY H. HOUSTON, C. C. P. Approved. September 18, 1883. t CHAS. REED, Mayor. C., O. & S. W. R. R. Co. -Grant. An ordinance to vacate and close so much of Seventh street as lies between Campbell street and a point of Sev- enth street one hundred and sixty feet from Trimble street. Be it ordained by the council of the city of Paducah; r. That so much of Seventh street in said city as lies be - teen Campbell street Lnd a point on said Seventh street, one hundred and sixty feet from Trimble be, and the same. is hereby vacated as a street or part of Seventh .street, and, the same is hereby decl.tued to be closed as a street by tht rrp oS Pat!ctraL. '