HomeMy WebLinkAboutOrdinances and Municipal Laws, Page 136I
136 REVISED ORDINANCES OF PADUCAH.
(., O, & S. W. Right of Way. C, St. L. & P. R. R. Co. C..
An ordinance to amend an ordinance entitled, "An ordi-
nance granting the right of way to the Chesapeake, Ohio and
*Southwestern Railroad Company over parts of Trimble and g
Ninth streets in the city of Paducah," adopted March 26th, p •.
1888, and approved March 31st, 1888.I' 1
Be it ordained by the Common Council of the city of t'
Paducah: 3
Sec. 1. That an ordinance entitled, An ordinance grant- rf,r't C1.
ing the right of way to.the Chesapeake, Ohio and Southwest-
crn Railroad Company, over parts of Trimble and Ninth. j
streets, in the city of Paducah." Adopted March 26th, 1888, wg�
and approved March 31st, 18813, be and the same is hereby €p
amended by striking out therefrom and repealing section 2,
of said ordinance and inserting in lieu thereof the following
as section 2, of said ordinance, namely: '
Sec. 2. It is herein'provided that the right of way grant- }
ed herein, over Ninth street, shall only authorize the con- r
struction of a single main track over Ninth street below
TAmble street.
Sec. 3. This ordinance shall take effect from and after r
its passage and approval.
Adopted, Sept. 14, tr97, ARTHUR COLE, C. C. P.
Approved, Sept. 15, 1897, D. A. YEISER, Mayor.
ol
C., St. L. & P. R. R. Co.
An ordinance subs:ribing one hundred thousand dollars I
to the capital stock of the Chicago, St. Louis and Paducah
Railway company.
Be it ordained by he council of the city of Paducah, ba
the state of Kentucky.
T. That the said eity of Paducah subscribe one hundred
thousand dnllars to the capital =t'ock of the Chicago, St. Lou- '
i4 and Paducah Rwil•,•ay ccmpany, to be vaid for in one h1u-
tired bonds of s•i,l, city of one thousand dollars each, and ,9
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REVISED ORDINANCES OF PADUCAH.
C., St. L. & P.. R. R. Co.
said bonds to be payable at the end of thirty years, or after
ten years at the option c f the said city of Paducah. bearing
interest at the rate of four and a -half per cent per annum,
payable septi -annually, the principal and interest of said
1 onds to b,• made payable at some bank or trust company in
the city of New York; the said bonds to be issued tit -der the
authority granted said city by section 59 Of the general
charter of said city; the bonds to be signed by the mayor and
clerk of the city council, with interest coupons attached which
are to be signed only by the clerk of the city council.
Said one hundred bonds, when issued and delivered
as herein provided, are to be received by said rail
road company at par in tt ll payment of said subscription of
one hundr!d thousand collars ,to the capital stock of said
railroad cotttpany, and said city agrees to levy and collect
from the taxpayers of said city an amount sufficient to pay
the interest on said bo. ds as the same matures, and provide
for the payment of the principal of said bonds at maturity.
z. That the said subscription of stock be made upon
the following, conditions, viz.: That•the Chicago, St. Louis
and Paducah Railway company or its lessee, the St. Louis,
Alton and Terre Haute Railroad company, shall, on or be-
fore January t, 1889, con -tract a well built, steel rail standard
gat:ge railroad in extens-on cif what is known as the Cairo
Short Line railroad, from Marion, ' Ill., to the northwest
side of the Ohio river at or near Brooklyn, Ill., and build or
secure a railroai connection terminating at Paducah, by
bridge or trans; r ferry across the Ohio river, s3 as to ena-
blo said railway company, or its lessee, the St. Louis, Alton
and Terre Haute Railroad company, to transfer its cars and
rolling stock acriss the Ohio river into the raid city of Padu-
cah, and shall construct in said city, or join with other road
or roads in con;tructin suitahle freight and passenger de-
pots of brick, iron or stone for the business of said road or
roads. The said Chicago, St. Louis and Paducah Railway com-
pany 511,111, within three months from the passage of this or-
dinance, ccramence wo.k in good faith in the construction of
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138 REVISED ORDINANCES OF PADUCAH. t'
C., St. L. & P. R. R. Co. W
C
said road, and shall prosecute said work on said road to
completion with due di_igence, and shall have that portion of
the line between Marion and the Cairo, Vincennes and Chicago
railroad completed and in operation during the
year 11387,
and shall begin grading and grade at least five miles of
said road south of said Cairo, V-inceuncs and Chicago rail-
road during the current year. It is further expressly pro-
vided, that unles, the CSitago, St. Louis and Paducah Rail-
way company, ••r its lessee, the St. Louis, Alton and Terre ;
haute Railroad comprny shall in good faith comm -.-ice the
work of constructing said road es hereinbefore provided, and
shall complete said road through from Marion, Ill., as afore- r
said, and have regular trains of cars running thereon from
the Union depot in the city of St. Louis, Mo., via Marion,
Ill., into said depot in the said city of Paducab as aforesaid
on or before the first day of January, A. D., 1889, then the
subscription mad, under this ordinance shall be null and r:id,
P.nd in s•tch case the said city of Paducah shall not be under
any obligation to pay or deliver to said railway company any
bonds whatever. i
3. That upon the completion of said railroad, with
transfer and depot facilities, as herein provided, and the run-
ning of trains of cars on said road as before stated, the may-
or shall cause to be executed and delivered to said railway
company the one hundred bonds provided for in this ordinance
in full payment of the subscription to the capital stock by
said city as aforesaid. F'rnvided, that said bonds shall bear
interest from the date of the completion of said railway as
aforesaid, and nor before.
q. This ordinance shall not go into effect and be bind-
ing on the city of Padacah until the same is submitted to
and voted affirmatively by a majority of the qualified voters
of said city, as ascertained and provided for under said see -
tion 59 of the general charter of the said city, and after-
wards confirmed and approved by the city council, as pro- „
vieied t,y said section of said city charter. And for the pur-
pose of ascertaining the sense of the qualified voters of said ,
REVISED ORDINANCES OF PADUCAH 139
C., St. L. & P. R, R. Co.
city upon such proposition, it is ordered that an election be
held on the 2nd day of May, 1887, in the several wards and
voting places in the said city, at which election each voter
offerivir to vote shall be asked if he is for or against the
subscription to the capital stock of said Chicago, St. Louis
and Paducah Railway company, and his -vote shall be re-
corded in accordance with his answer. The election shall be
held, returns.made and the result ascertained in the manner
provided by the general charter of the iLid city, in so far as
the same is consistent Wth and appliL-ble to this kind of an
election, and in harmony with the spirit of said section 59.
In the event a irtajorit; of all the citudified voters of the
said city vote in favor of the said subscription, and the city
council, by a. vote of two-thirds of its members, vote for its
being done, the said city shall, by its mayor, proceed to make
said subscription of one hundred thousand dollars to the cap-
ital stock of the Chicago, St. Louis and Paducah Railway
company subjeer to thi conditions contained in this ordi-
Jiance; and in case the subscription is not voted for by a
majority of the qualified voter.; of said city this ordinance
shall be void and of no effect. The said railway company
shall notify the mayor of said city of the acceptance of this
ordinance within ten days frons the passage of same.
S. This ordinance shall take effect and be in force from
and after its passage and publication.
Adopted April 25, la7.
W. H. PATTERSON,. C: C. P.
Approved April 26 1887.
CHAS. REED, Mayor.
Ai An ordinance amending an ordinance entitled- "An ordi-
nance subscribing one hundred thousand dollars to the capi-
tal stock of the Chicago, St. Louis and Paducah Railway
company," approved by the mayor on the 26th of April. 149,-
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140 REVISED ORDINANCES OF PADUCAH.
_ _ s
C., St, L. & P. R. R. Co. N. O. & O: R. R. Co. .
Be it ordained by the council of the city of Paducah.
1. That an ordinance entitled "An ordinance subscrib-
ing
ubscrib ing one hundred thousand dollars to the capital stock of the t..
Chicago, St. Loris and the Pa'ucah RAlway company," ap- 1
proved April 26, 1887, he amended by striking out the figure
41
2" in the fourth section of said ordinance, where the same f
c
occurs, and lserting in lieu thereof the figure "14" so as to i " r
make the ejection provided for in said ordinance take place }
on the 14th day of May, 1887, instead of the and day of !} t
May, as provided in the originil ordinance.
z. This ordinance ro take effect and be in force from its
t
passage and publicatirn.
Adopted April 30, 1887. t .
W. H. PATTERSON, C. C. P.
Approved Apri! 30'1887.
CHAS. REED, Mayor. '
• F
N. O. & 0. Railroad.
An ordinance for the town of Paducah to subscribe for
stock in the New Orleans & Ohio River Railroad company
Whereas, a majority of the legal voters of the town of
Paducah did, on the 29th day of June, authorize the coun-
cihnen and board of trustees of said town to subscribe for
stock in the Mobile & Ohio railroad not exceeding $too.
000.00 in •accordance with the provisions of the act of the
legislature of Kentucky passed and apprcved January 7.
1832, and
Whereas, it does now apepar that said Mobile & Ohic
P.ailread company cannot by advice of counsel leeally ac• t,
cept such subscription in manner and form prescribed, ex- i t,
cept by a unal•imous vote of all the stockholders, now num £'
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be: ing many thousands, which is impossiLle to .obtain, and ° Ii
Whereas, 'the 'said Mobile & Ohio Railroad company are
±til' dts,irous at the earliest possible period of time to con-