Image provided by: Santiam Historical Society; Stayton, OR
About The Stayton mail. (Stayton, Marion County, Or.) 1895-current | View Entire Issue (June 19, 1908)
Stayton-Salem Electric Road Agreement Bettveen the Welch Company and People Who Purchase Bonds. A Fair Proposition by the Railroad People and a Good Opportunity for the Safe Investment of Capital at a Good Rate of Interest. th e n said b a n k - p a y in g th e m o n ey in to the hank from in t o t>v nini between A \ \ «• I.• 1 1 . p a rly of shall fo r t h w it h pay to A W e lc h , Ins I In* first p u t nini t In* »ubsi-rilsT* " I I In* a »socia I e» or n»-igns, one e ig h te e n th w h ic h th e siihat ril'itig p a r ly , p a rty of the .econd p in t, received salti hond T i n * a g re e m e n t, nitidi« it m l entered ( 1 - 1 8 ) part of »ani second p u t w iln e » a e th : T lm t tin* ¡»••verni aiths rrib ing par I¡e»t p a n i c * of tin- » m n n l • ■ni 11 v promisi* nini Hurii* p a rt.s e v - to pay tin* several a m o u n t * set opposite i h e i r r e - i«pt*cl ive name« nini purchase i In r*-w it It I In* illin illllt thereof, at par Value, ill tin* live y e a r - i x per r e n t , i»l»*re*t pay »Me m ini a n n u a l ly , I»r.-»t m ortgage I h i ii i U nil t lie pro|K*>*e<l electric l i n e i l i I e c*Mi*t m e le ti (r un S'ny Io n to Salem, I li ru o li, r u n n i n g th ro u g h A o m s v ill c m a l T u r n e r , O n g o n , l>y A. \ \ tdcli, his nssociiiie» or assign«, i*aiil nun u n i * to la* pnii I in to t lie tin Ilk a here I II a Iter tie*- ¡annltal, il* ¡»non a*» aued nini p i a m i rail» lain and » p ik 'd , Iannis itfe is m u *I i in tin* hank« h e re in a fte r iiniiietl money» so paid in ; I here were Ml gradinile» frinii th e <> A. I ' , this wreck, covering t l i e i l i - p a r i m e n t i of elect r i f a i e n g in e e rin g , rails la in and -p ik e d , and a lik e c e rti- p h a r m a c y , lite r a r y , ro m in e re e . h o u s e f i l a l e is made thereof to »aid hank», hold »mem*e, a g rit-iiliu re , m i n i n g e n m e c h a n ic a l e n g in e e rin g th e n said h anks »hall f o r t h w it h pay gin e e ring , to A. W i| i * h . hi» a «socia le» o r its -ig n s and f i n i Engineering T h e r e were I I I gr ulti ate» from the n o r m a l school* a furl her lik e M u t i l i m i for eaeli m ile of i h i - year, M o n m o u t h leading w ith -IM, said lin e so c e rtifie d; when th e track A s h la n d has ’JK W e - t o il 21, I traili I I . i'i. i* grad' d, t la* ties and rails la in am i K v c ry o n e in terested in |» m liry spiked the w i d e dis tance of s a i d e le c should call ill t i l l - i-th'-e mid -nhseriU * tr ic lin e between Salem and S la y t o n , for th e N o rth w e s t I ’o t il ir y J o u r n a l. th e n m i re r e iv in g a lik e ccr id eate T h e price i» o n ly .Vi cents per y e a r l hoi coi said 1'iiiik* snail f o r t h w it h pay a nd it c o n ta in s m ilt h valu ab le in f o r the rest and residue of said moneys io ma m m in every ¡»sue. I t is puhlisheil in Sali in, hence has c a s t new«, anil A W e lc h , his a--oci.it**» ,,r assigns such a* is of value locally, anil of T h e said A W e lc h agrees, tw soot* m u c h m ore value • <■ people of th is sec as one h undred th o us a n d dollars of tio n th a n Küstern jo u rn a ls . a m i for each slid on said line every when f iiitln -r g ra d iti. m ile In*» a m i AM of n in i snlisri ihing parties, partii"* of the sicond p a ri, re said m ortgage Ismils are ta k e n and ati I i'll! oiilai«le tin* i lly lim ita of S ilein, paiil for a s aforesaid, t h a t lie, hi» as Oregon, aliali have (lie -a ill bond« that sociate* or lire to la- ta k e n days th e re a fte r, piai it i in S t a y ! 'i n , m i l paid for l*y ilie m , tie* S t i l t o n O re g o n , a s -ig n - w ill, la-gin w ith in ten t i k e as it * a » I e» n e a rly as good as m a work on hoth S ta le ft,ink, end» of »aid e le c tric line and d i l i g e n t m ill p a nie » ly pro-eetite said work and will w i t h in ami K e n n e d y 's L a x a tiv e C ough S y ru p is the one t h a t c h ild r e n lik e so well to ple augur. It i* d iffe re n t fu m i the O lli ers a* it does pay »aiti one year th e re a fte r fully huild and r>*i*eive the • ip i ip a m i c o m p le te in a dr»t d a s * l>etwo<*n saiil I h i ih I h ih e re fro iu , anil such of th e m a n n e r m id e le c tric lin e sllhsf ribitlg p a r tii» , p a r t i i - of th e see- H ts y to n and S a le m , Oregon, and run • uni p art, ili» * »hall r*-eii!*• w i t h i n the lu n g t h r u A u i u - v il le , T u r n e r , Oregon, lheren|MJn .h a ll a'iim* in to said fo r t h w it h hank not co nstíp ete, hut on th e o th e r h a nd it nets g e n tly yet free ly on th e hoivels and thereby it d r i l e s anil th e cold o ut of the system. hy S la y t o n P h a rm a c y . It i- sold Home of the folks down lit Wood- horn w a n t M a r io n c o u n ty d iv id e d , »aid ele c tric Im e lo la* a standard o il y li m i t s of S a le m , Oregon, »hall w ith W o n d h u rn as e o iin ty seat, of gauge of Ml pound r a i l-, ties tw o feet have the sa ill lunula th a t are to la* t a k course. A ll r ig h t. Let it go. Salem en inni paiil for hv th e m , piaceli in from c,‘tilers, M l trolley* wire, poles pays alunit h alf I lie taxe», and she siieh hunk in S a le m , Oregon, as A. a nd every th in g to la * lir»t c la s s a m i a» would in (hi« way get out of keeping W e lc h , his n-snciiiti a nr assign « m ay soon as co m p le te d will use first class up the cost of th e bridge» in th e n o r th end li n t th e n o r th end will n ot h e ic a fle r designate, and all m id p a r ears and ru n a ear at h a s t every tw o agree. A ll the lowiis in t h a t part of ties of th e second part shall f o r t h w ith , hour» on suiti elect rie lin e d u r in g I he th e c o u n ty would w a n t th e c o u n ty as soon as m id h ond- are deposited day l i m e , and a« m a n y m o re as th e seal, a nd o n ly one could have i t — S a w ith saiii hunk', pay »aid a m n u n 's in husiness w ill w a r r a n t ; a m i will also lem S ta te s m a n . I n said hank and r e n iv i* said I moii I s put on a fre ig ht and express car, Ill» th e re fro m . Said said hanks shall as follows, sums so paid la* held and paid not to w it: W h e n II. II ric k , o r in case of hi* de a th in a b il it y , th e n C onstruction c e rtify Her or o ilie r to th e forem an of the work of »aid lin e, -n a il to said hank» t h a t said electric in to lin e a mil** of i» graded, lie * and h a n d lin g li c i t husiness s tra ig ht th ru to I'o r t la n d , <I n g o n . Contain a III«’ I ' l l l l f l m t . th e lir-t should have im m e d ia te a t t e n t io n . T h e p ro v is io n 1 th a t A \ \ eleli, hi» associates or as signs - h a ll have a righ t to call in and pay oil said or a n y N p .lffl m in a tu rn i looseness of a ch ild's howrel* I t i- understood and agreed t h a t all said Immls sh a ll Not A t this season of i lie y ear part of aititi hond« at an y iu ieresl p a y in g d a y , at par, hy he»t th in g th a t r a n la* given i» C h a m b e r la in * Colic. C holera and D ia rrh o e a R e m e d y followed by castor oil as d i rected wi t h each h o u le of the re m edy. F o r sale by ali d in g gis ls .