i - n i a - w 3iyB-'?'r,i r r kit m w m. m mr-m w - i - . .. ... ..1:1:1'-.. .. . . t 1 . . . .a . ; -i r .
SUBSCRIPTION BATES:
paOy, om year, postpaid, in advance. . -.
Six me 1
Tteee months.
fin A county), in advance
5a 00
. 4.00
. 2.00
75
.92.00
Outqfthecountv, Postpaid 2.10
x month ri'AL' 1,08
jy- jjraZ Reduction for OJubs.
Pegrafli
DSALKHS in-
TRAVELING BAGS,
UMBRELLAS, &c.
PEGRAM & CO.,
E.ive the Best Stock of
tents' Hanil-Sewed Shoes
IN THS STATE.
PEGH-AM & CO.,
Can supply jou with the
BEST BRANDS and LATEST STYLES
-OF-
Ladies' Misses and Children's Shoes.
PEGRAM & CO.,
HAVE A PRET1 Y LINE OF
CENTS' and LADIES' SLIPPERS,
PEGRAM & CO.,
HAVE ALL KINDS OF
Childrens' Shoes and Slippers.
PEGRAM & CO.,
KERP A Wf LL SELECTED STOCK OF
Trunks and Vales
OF ALL PRICES AND SIZES.
PEGRAM & CO.,
HAVE JUST RECEIVED A FINE STOCK OF
Silk, Felt and Straw Hats
Of the Latest fctyles.
Of tte Latest Styles.
P E GR A M. ' CO.,
CAN" SUIT THE R
Farmer
Friends
Willi any k nds BOOTs and SHOFS TI1EY WISH.
P E CRA M & CO.,
KtEP ALu KINDS OF
Shoe Dressing, French Blacking
t AND -
Lyons' Heel Stiffeiiers.
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Boots
Shoes
Hats
Trunks
GO
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arrni . il - lTr III 4iMzlaoV)avi&niAirtl .r: a YZrfj HTjUUmtT IvxaxiilnQ.-i&aoxa x'SKUnto Cn i.
' ! -Mil jl -i lUu'dion .JXM Jgia 8i1I 5rll vij l vJu -.-? ;--,; . .? oh -ar !' 7:yi ! . .
VOL. XXm, ,. --;.JJiWBKB ",7m ,;.rt.;m;iii
1 ii ii ! i'ii-jm i-jiTtinrjiiftsi jsii'Uiiua anils, j iiith; n i Biuiitvnrji;.niriiU(sj
ri 11111,111 ll Hill I I I I rWM1 IAXJ. jyil 1IJL1MII V JtJ.WV JK W v tt4WUt !w Afe?'1 UVWr H(iriMM
OF
IMEW GOODS,
LACE FICHUS, LACK COLLARS and POLKA
DOT LINEN COLLARS, at 10c. All combined
MAKLNG-
Be Handsomest and Cheapest Lot
-OF-
NECKWEAR,
Ever seen la Charlotte.
All novelties constantly added to oar stock as
rapidly as they come oat
A lot of beautiful SEERSUCKERS ost In, rery
stylish and desirable.
An exceptionally good trade has forced oar bayer
to seek the
NORTHERN MARKETS
a second time this season to replenish oar greatly
broken stock, and we assure the trade that notlikig
new or desirable will be omitted In oar second.
purchase.
T. I,. SEIG&C & CO.
apr30
A NeWW-Failing Cure for Burns,
Scalds, Bruises, Cats, Sores, etc.
After forty years of trial, Perry
Davis' Pain Killer stands unrivaled.
It is safe ! It acts immediately I It
never fails t
Editor of the St. John (N. S.) News, says :
in nesn wounas, acnes, pains, sores, eic.,
It la the most effectual remedy we know of.
No family should be without a bottle of It
Tor a stncrie nour.
From thaCuiclnn&ti TMsnaich:
we nave seen its magic enects, ana enow
11 to De a pooa arucie.
From I. S. Potter, U. S. Consul at Crefeld,
Rhenish Prussia:
After long years of use, I am satisfied it
is positively emcient as a neaung remeay
tor wounas, Drtuses, ana Bprains.
W. W. Sharper, Valdosta. Ga. , says :
It Is a panacea for all Drulses and burns.
From R. W. Adams, Saco, Me.:
It gave me immediate relief.
R. Lewis sava :
In forty years' use It never has failed me,
W. W. Lum. Nlcholvllle. N. Y.. savs :
I use your Pain Killer frequently. It
relieves pain and soreness, and heals wounds
like magic,
J. W. Dee says :
For scalds and bums it has no equaL
PERRY DAVIS' PATX KULEB is net
a new untried remedy. For forty J ear
it has been in constant dm ; and those wh
have used it the longest are 11 test friends.
Itftsnccessis enUrclu because of its merit.
Since the Pain Killer was first introduced,
hundreds of new medicines have come and
gone, while to-day this medicine is more
extensively used and more nighly valued
than ever before. Every family should have
a bottle ready for use. Much pain and heavy
doctors' hills may often be saved by prompt
application of the Pain Killer. Unlilcmott
medicines, it Imperfectly soft even In the hands
of a child. Ti-v it once thorouehlT. and ft
will prove Its value. Tour druggist has it
at 25c, 50c. and Stl.OO per bottle.
PERRY DAVIS A SON. Proprietors.
Providence, R. I.
sept diw sept ft oct.
BLESSING TO WOMANKIND.
Relieve all diseases of women pecu
Dr.
liar to the appearance and cessation
of the menses, uterine disturbances
torpidity of functions, with leucor-
Clarke's
rhoea. dlsmenorrbaea, and bysteria.
also la melancholia ana otner men
tal derangements. Afford prom pi
Periodical
relief to those distressing bearing
down pains so peculiar to women.
Price S3 per box. Sent free by mail
on receipt of price. Dr. Clarke
Pills.
Medicine Company, New York City.
?OR Scrofula or any Blood Disorder,
Dr.
Clarke's
Pills.
In either stage, whether primary.
secondary or tertiary, are an Invalu
able remedy. They never fall to
cure when directions are followed.
Price 9,2 50ier box. Five boxes 810.
Sentbytnall, prepaid, on receipt of
price. Aderess vt marite jueaicme
Company, New York City.
INVALUABLE BEJHED1T.
For weakness of the Kidneys, and
bladder. A quick and complete cure
in 4 to 8 days of all urinary affec
tions, smarting, frequent or difficult
urination, mucuus discharges and
sediments in the urine' fromt what
ever cause induced, whether ot re
cent or long standi ag. One to three
boxes usually sufQQieatJ Price $2
Dr.
Clarke's
Gonnorrhea
per box. Three Obexes ior so
Mailed free on receiDf of Drlce. Ad
Pills.
dress Dr. Clarke Medicine Company,
flew 1 one uiTy.
'HERE IS A BALM IN OILEAD,
For all cases of Spermatorrhoea'
Dr.
and lmpotency, as the result of self
abuse in youth, sexual excesses in
maturer years, or other eanses, and
nroduchiK some of the following
effects?-Nervousness, seminal emis
Clarke's
sions fnleht emissions by dreams).
Dimness of Sight, Defective Mem
ory. Phlslcal decay. Pirn plea oa
Face. Aversion toSoclety of Females,
Confusion of Ideas. Loss ofSexuu
Power, &c rendering marriage Im
proper or unhappy. Are a positive
cure In two to 8 weeks. Onets tlx
hoxes usually sufficient' Price 8150
InvlgoratlDg
per box. Four boxes SR. Sehtlif
Pills.
mall. Dreoald. on receipt 01 price.
Address Dr. Clarke Medicine Cora-
pany, New York City. :
feM9d&w 18w
paim y
KILLEB
PERRY &Jfl:S
Metal oni
. . . , ..Jl UJi
These Perns are specially hardened at thft
point, 111 tMt oecrode 6e rust; Iwl'wlS teftKrad i
BOBtservkblsBaBrhte,1 Bampleeirtt,"irh'
ten differeat Styles of nickel pfetod pensitftr
trial by mid! on receipt of Scents. ' fj
Ivlson. Blakematt, Taylor A CCk,r
NEW YORK.
0 BUTTON W illtR XIDS, t.86
I Complete assor.ment of all stylrj amj ( utilities. 1 We riaWv ; fafgst6ck'bf;alth' ttsbeW itJB6e-
St,2&-per)yard. A laK stock ctiuahs.8atlis. olllaivuteaxa
U ,i75c fo S3.W per ja0. Ppn'Tferget joy 1 CowCt, -AalcsUrieef Ladlca! h'ockwear. Out Dreaa
1 Hoods Demrtmenf h eomDhrtel cmd we hre offering sum very, decided bargains. We' have lost
received some new designs In Xs
. . . ; -. (!:.,'. - ;i J j
Plain and Figaed Bantings in
We bare a large stock of Ladies' Newport ties !and
stock ot uehto
LOW QUABTBaXD 8H0XS,
NOBBY STRAW, STIFlELT; HATS;
i, . i ,r ,,i . , ., . t i -.kit fHifniinoo I t;; MlcfiiU'je I
EARL SHIRTS, EVITTS SHOES, UtllVERSAL PATTERRS
Come and see oar stock and,
argraves
aprSO
'i.m
FOR SrMM
WEIGHT 1500?8li
1 tJ ir77 v:
' . .... ,
McSMlTH WILL; DOUBLE; HISSOCK,
,a! I.
LOOK OUT FOR SQ
Let Music Increase!
Organs within Reach of Everyb
MASON & HAMLIN,
SH0MGKK HRLLI niME.
PXLODBXT A CO. and STIRLING.
Bra Before Such Low Prices! te'feiw
. (and
'
?.oi
Tjioft mrstoek is now compete, '
JL' AN OUBUWN HOUHM.
"VI 1 A 1 A, i. I Ji-i
.31 i r frcu 0
. .: i- ! . ...
. !; i j-;)'.'; .-.i.:ji:
- . .. . , T i
t rtegee ana stAnmngpr feat os, is a Ton snaxanfee tbat ,XTJEt
IS TllH MOST HKhflBfW : UliU"OWlS JUTKeC
Iftnfly tte demands of onrprtroBft Jdsnrtf Utetri
iota woMerwimrw
toWleftrfj ' firtueh el
eeieetlBc oor stock bj
tmr ock or
always. The
. - ,- -.,1 -a i"- ' i b-iuiasi
li i - hi.i-i.'s iJw i lit vuoijya eriJ esw ,nsbioL .' .i j
JIT J:--t
L.
t ?ililit-l TJ
iv. it.c:
Siilvi'i 0 Oil! io! J-1
esta 9gaJ tm Oritf ms
lii.J
g so
Siat
are real pretty.
.-ll- "l i ' r - y
Blaek aid Colors, at
l?c, 15c '
and 25c
Sandato.
We have Just opened up a handsome
In hand-sewed. We have a large stock of
'.U
h 1 ill
we will mike it to your Interest
' '.1. Udfl ' ,1 r'.''lt 'i "
'1U rMAkM il
a 1
aaiuJynH .Jo',11' on loLni! li:ov
tl-jna
ClElinilol
fe'QUAM GMMt).
:i j? Oil
il lo :'.lP.')tni !
U ALLS 1' BAWLS.
Crime will Decrease
PIANOS
Tlin Rekcb of EranlioiT,
CHICKBBING & SON,
KRANICH k BACH,
MATHUSHEK,
-ORION ,--
SIMPSON & CO.,
SOUTHERN GEM.
Or LOOK HOW THI OLD HAlH&eWNI
scia,tis)ies tkJwhQe readuu MS adj.
him read, let hlm-ewn. Write to me and I wjn sebd
fani ptiot (ribtef mself) butef my Pianos jaaipr
ee mefer4tew or Mote, sodh s prieoe, terras, &c
.4.: : ' '!: : v : : .. : "
Address, or eall on , i '
ia v3ia biita edl ni -soibias'x ,-3:
Wfe m&t ' Up JOt
assInuj BOVTOX
.rubioT, .7 .ri bh--B d) i tiwiJ
1 & i-j
vat rx r-2
- 1 BBBBSSl
: .-jao-xiiiidXuMi baiiiaifri Jiljis 1 1 i "" " J"
8 1
ol It);illi; ins?, udi 3nli
BBrartger; a ffro
akjMrt IfMloa.
'i H ;! I
nr? ' r lue prwi
j the VfolIowiDg' Is1; ari'' autbJentica
opy : of th recent mortgage, f r.tb
Mfflland Korth . CaroUna BaHwaj to
the America! Loan aad Trust ConP
mdfini!are.' made tiiis-BSt'av of
Sepfember.ia tb year of puDXorti.ooa
by virtue of ;tlie laws' b . trie Staite pf
Nprth Qaxonfa party r-of the firtipart,
and, tfte ; Aiaeflcan Ioan and Trust
Qompanyt.of;i ta city j of; Boston; also a
bodyjCQEaiauly.orgaed ahtLex- (
isjing undes wilS virtue of. Usy laws
of the iiomaion'weaith of Massacliusetts'.
ofthe.rst part .as durfonstitlilt6 a
pooy poniq ror toe purpose, amopg
other things, of constructingaii min
cuiOUlH a rauw ay, wii, uue ,,of-; mgyre
tracks And, hns, frotrLsorae Joint at or
near the harbor of , Beauf ort, in the State
of, North , CarofiaJ,to the xenrJesaee.
line or ;to. some , antexiiiedxate- poot
where satisfactorv thrbucii cdnneotions
oaa be made with the existing proposed
liuea, ao as to insure iui uuinierrupvea
through connection from Memphis, in,
the atate of Tennessee, to Beaufort har
bor, fpresa; t poin't or pbinta, '
by auebf , line or .lines, as a majority, of
the.diriBetors may determine :; H i - s
6t , incorporation that . Bui fBx&MTt- or ,
(eoptFaiffeora. i t jar.fpDaid , company
are empowered m jjkurcnage; or aqqjiire 4
ior. . or; ; on , pen?UL 'saiampanv pr; tor
its ultimate beaefiW to be incluaed as a
5wb ( of, , its 1 1 me or systeip,4r t6 b. in
corporated wiui it as a orancp, aB.jtne
case may be, any previously, .existing
railroads, either at legal, sale, bt auc
tion or otherwise, or upon such terms as.
any poard of directors or a majority of;
stockholders may agree: ' - i
i Also, that the said company ahiall
further; authorized to eharter,! bijCf),
navigate, build, use, purchase, sell, con
vey or otherwise acquire, dispose jof pt
einpioy. steamships,, vessels and! such
other .craft; ag may be. deemed necessary
or expedient in,, the, prosecution it iu
business, and ehaU likewise liave power
to lease,, hire use, j.up maoage, iur
cbase, contract with, r in any aha ev
ery wyr employ ny jother rauroadj and.
generally to do. and .perform any and
eyeryjujtjQr aing, requisite or neces
sary ift the premises; '. ,
And whereas, tx and ia J,he purphase,
construction, equipment and opetating
its enures Jineijof- railway, and any
branches. and extensions which i it -has,
or shaHf be .author iEd to construct
or.operHte,4,he sid The iiidlapd sorth
Carolina jEtail way Company, the; party
of the first part, by its' board of direct
ors, has duly and legally resolved to
issue its ten thousand bonds of one
thousand dollars each (being of the ag
gregate amount of ten millions of dol
lars $10,000,000), each bearing date of
the first day of September, onelhdusand
eight hundred and eighty-one, and ma
turing the first day of September, one
thousand nine hundred and eleven, and
bearing interest at the rate of six per
centum per annum from and after the
first day of September, one thousand
eight hundred and eighty-one, payable
semi-annually, on the first days of
March and September in each, year,
upon the presentation and surrender of
the coupons therefor attached to said
bonds, as they severally, become due, at
tbe office of said American Loan, and
Trust Company, in the city of Boston,
or at the office or agency of the said
Midland North Carolina Bailway Com
pany, at the option of the holder, which
said bonds should be secured by a mort
gage substantially in the form of these
presents, to be made to bear even date
w ith the said bonds, and made to said
American Loan and Trust Company, of
the city oi .Boston, as trustees upon me
entire railway, nronerty and franchises
of the said company, and which said
bonds are to be in form following ; that
is to say :
Number,1
United States of America,
.. ; ' State oe North Carolina.
The MidlandrNtirth Carolina Railway
Company First Mortgage
Gold Bond.
$1,000. - - . S1.000.
Know Ati'Mtii Bt these presents!
That, for valite rprftivfid; thft- 'Midland
N pith' CaroHna Railway Cbrh$any aV
the.ctratioB known sis the Americanf
LrOan and, ITUSt company: Dearerin
the irrrnf 'one thbusaad dollars, and
ptomiseB to ttayfhe1 sme to the bearer
hereof Jh gnld'cottrof :the United states,
of 1 .theTyreseut Itaartr' weittht, and
finene'ss; Wh'flrst daofSepUmtoer.
Dn;mneteen, huar waiaieyjri.
k '.Krt.a.W Uotrohliik' ir-TrVr
ifdrot odtn; at the ta.te pf : stcenttrnr
g6Yerfi.merit.tax, -oi
March and: SeDtei
hi
thereto
rffSl of this bond' shall be-
oetweeri tae Miaiaua ,iN ortn , uaoolina
Eailway Company, a boJy cprpbrale,
duly organized and existing uhaer aha
r:trre;:,Trgray-m:
beTineamqeretT
.UAAUWA1MS OklHSM yWM-Wy
I . . . r - .7-: iTTTfT i .trnTTja
a nM r a rvnaraA TiwTnn nnmu ni nr nam
iv HMiu mi rwxu n mi i xii v. wikii . u n
tm lull I I'J I I
iTA case tits sxd&;rttay cdmpany shall'
rxau-ior a penoa ox six ciemqar mo&tns
eorpay any coupon Hereto attached when
ttte Sama becomes due, and such default
Ahall not have been waived br fajojv
looaie rjayable' forthwith nDCJtxstomand.
jjfaty in amowrt of tha holders at all said
provuiedinsaidrnortaXftr : ,
yJNu the eacourament and protec
tion of.'fioreijnr capitahsta; all bond or
debemtnire hnidera shah, ba -entitled to
an i i equal har in the manatrement of
aid eompanywith the istiocki Or: shares
holders i whenever anyr default may
occur in the payment of the interest or
fprincipat of tha same,;and shali have
cme vote for rery dme irandred dollars
bt aid : bonds i ox1 debentures held by
eacnTespectrvery and may vote in per
son or by proxy whenever any such de
fault may occur.
; Thy bond shall not become A valid
obligation until the certificate endorsed
hereon- shall have been duly signed by
the authorized officers of the said trus
tee, or by its successor or successors in
the trust.
This"- bond may be registered in ac
cordance with the provisions endorsed
heseon.
Irr witness whereof, the said i The
Midland North Carolina Railway Com
pany has caused its corporate seal 'to be
. nereto affixed and these ipres
l,s; ent8to besigne4 byttsPresi
rj ' dentJi.aarl.i6ecretaTT. -tin -this
first day of SepteDober, A; D., eighteen ;
nunared antteigncy-jBe.
t'Keccetary. i
President.
FORM F OOTJPON.
No-; '; '' V ' $30.00.
The Midlsod North Carolina Railway
Company wUl cay to the bearer, at its
office ;ojt agency, in the city of New
York or the i.ty o Boston, at the op
tion of the) holder, thirty: dollars in
United 6tate9oid coin, or its i equiva
lent in sterling money, on the first day
of ' ' ' :i, is , Deing six montns inter
est, due that day, on its first mortgage
bond, Nq..rrr, for $1,000.
Treasurer. ,
f$$jpj$jA !W irf ENDORSED
The American Loan; and Trust, Gom-
dsbv. trustee, hereby certines thatthis
3B one of a series of bonds meaUeaed or
described in ax mortgage or . deed ; ox
trust made by the Midland North! Caror
itna RaiLway .Company,, of even date
with the saidv toondVi . which mortgage
bas been recorded, ;and ithat the total
amount of sajd!tr9ods issued does not
exceed the rate of 815,000 for each mile
of railroad completed: and ready for
eperation, as certified in writing by the
executive committee of ; the board of
directors of' said raiiway- company, in
accordance with; the ter,ms of said
mortgage. ....Trustee. .
Now,, therefore, this indenture ,wit-
' That th'e :said The Midland' North
Carolina Rattrbad Comiranv. in cousid-
'6rati6tilot the premises, and oi "'timsum
or one uoiiar xo it in nana paia uy me
party '.'rif the second part, the receipt
whereof is heieby acknowlfdged, for
the purpose afpresaid, and in order to
secure nthe'' punctual payment of the
principal ana interest of the said bonds,
to be issued as aforesaid, has grahted,
bargained, sold, assigned, set over,
aliened, enfeoffed, released, conveyed
and confirmed, and by these presents
doth grant, bargain, sell, assign, set
over, alien, enfeoff, release,' convey and
confirm unto the American Loan and
Trust Company, party of the second
part, and its successor or successors in
the trust herein and hereby created and
declared, all and singular the property,
real, personal and mixed, of the party
of the first part heretofore acquired or
owned by it, wheresoever situate and
of whatsoever kind and description, in
cluding all thecright, title and interest
which the said corporation now has, or
may. at any time hereafter acquire in or
to ail' apd singular the lines of railtoad
acquired and to be hereafter acquired
and constructed by the party of the first
part, and also all branches and branch
railroads, of the said party of the first
part, and all and singular the telegraph
and telephone lines of the said corpora
tion constructed or to be constructed
upon or Over any or all of the lines of
railroad acquired or to be acquired or
constructed by the ' party of the first
part, and also all the lands, tracks, lines
of railroad, rails, bridges, culverts, via
ducts, ways, fights of way, depots, sta-ton-trQuses,
coal-houses, shops, build
jftgs. piers, wharves, structures, ereo
lons; trestles, fences, walls, fixtures,
easements, irancmsea, privileges ana
thrhts. acquired or to be acquired by
E the" party of the first part, and also all
ioepmowVBs, water tanss. turn-iaoies,
eaj:Uf;jei artiages, tools,
macaw ery, manmajvarea- or Tin man u
factraredy" mitetlalsk: coal, wood, and
uipmpnt&a all tnemetrts.belong-
rag V)X: apwriairnng' to xne saia lines oi
railroad r also all the tolls, incomes, is-
sues and profits, 1 arising or to -arise out
nr tha eairl nrnnarw nr anv rTT Tnpm.
'pt'atid: allTights to receive and recover
the smev.alsoL all the estate, xighttiUe
aYrf iriterflBt ifr and to anv and all real
amtrjadnaj- etate ponging to or py
py vne ' pany or xqenrsc
air leasehold lands, yrm
A lilrt (ri IrrerTfTi' erected r also ail
MPi?itmlkhfef
ana ail oiner water PTiviieKesana prop ,
fertV, 6f etery sort and desriptioh.fiow'
hAlrt nnrrifid it? to beJtefltiired bv-the
paitf of Ihe firsf DaTJteihtehae.
Mebviwnvytq terAWarJwW w
maiXWK ;tmpany, pany:or w.
,od:purider;and..hy,
T(TrMn fleienmion sua OExars in-
totmftrf 1; and every right. Jitle" ftnd
fflSffivt the.i?arty, Ofe first trart.
in ana to ; ie . prpperry ana,, premises
above inenttonednd described; 5ethi
et as lessee or as holder of the stock or
bondsof any other corporation, associa
rion Ar Organization", or however BUCh
interest of the said party of the first
part rhay be Tegajrded in law; of In equi
ty as-', .subsisting : or in; hearing in the
afoWiA propertf ot prethises, of any
part thereof; it being the true intent
ud meaning of these presents tnat tne
aftvof the . first nart: shall and doth:
ifrant ennvev and eet bverto the -said
American; Loan and u.cmpanjv
-nartv of ' the Second nart. alt manner of
iles oif every xma anaaescrrn--hoWever
derived. alT&nd all nran-
ner of teal estate and Interest therein.
wher;ev finch, real estate; may be sith:
a au,Tnanner;oi etrsr,n
lerty. hr i whatever nai
the -same may be. at
parxjr oxine nrst pan, or
atme nereaTter dnrirrgtne.
i yt xnTs trnsE. mav ne av
rjhtfee v mv2ctlott;ofi evety
A descrtptkm. InjblbdiDfir UQs re-
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In any franchises or.' pftqpartyjof any
kind and description realpersenal or
mixed, and wherever' theaarna may be
situate, that may at anyitUaw after the
date of this inden tur b4 aeqtiired by or
fotfthe party of tbeti rat 'part all of
which is hereby coves anted shall inure
by -way of accretion to the. benefit and
advantage of the said American Loan
and Trust Company, party' bf the sec
ond part, and by way of further and
better security.
To have and to hold all and singular
the premises, rights, franchises, and
property, real, personal and mixed,
aforesaid, with the appurtenances
thereto belonging or in any wise apper
taining unto the said American Loan
and Trust Company, party of the sec
ond part, its successor or successors, in
the trust hereby created, and its or their
assigns to its or their only use and be
hoof and benefit forever; In trusts
nevertheless, for the use, benefit and
security, as hereinafter mentioned, of
the several -persons and bodies corpo
rate, their respective executors, admin
istrators, successors and - assigns, who
shall be or become the holders of the
said ! ten thousand bonds,1 or any or
either of them, without any preference,
Eriority or distinction whatever, to any
older or owner of any such bonds, but
subject nevertheless to the right of the
patty of the first part and its success
ors and assigns to retain the free and
ttncohtrollaole use, en joyment, posses
sion and management of the aforesaid
premises hereby- granted,' or intended
to be, until the said party of the second
part is authorized to enter ttpon or sell
the same, as hereinafter set forth.
And it is expressly covenanted and
agreed by and between the parties
hereto, the same party of the first part
covenanting as well for itself as for its
successors and assigns, and the said
party of the second part covenanting
as well ror its successor or successors
n the trust; in manner following:
First That the party of the first part
and its successor or successors hereby
covenants or agrees to pay or cause to
be paid all taxes, charges, rates, levies
end assessments imposed, asssessed or
levied, wnicn may hereafter be imposed,
assessed or levied upon the premises,
f rarfchises and property hereby mort
gaged conveyed and assigned, or in-
tenaed so to be ; ana to Keep all its roaa
and rolling -stock and 'Other property in
good order1 and repair f and to recon
struct, replace ana-' restore an such or
so much atiuftuch parts thereof as may
be Worn out, wrecked; destioyed or dis
placed; and at its own proper cost, ex
penses and charge to do or cause to be
done all acts and things necessary and
proper to be done and performed in or-
aer to Keep vana ana intact tnis lien
or incumbrance upon all and singular
the aforesaid premises, property and
franchises, hereby created or intended
so to be.
Second. That the party of the first
nart and its successors hereby cove
nants and agrees at any time or time?
hereafter, and from time to time to ex
ecute, acknowledge and deliver undei
its corporate seal to the party of tht
becond part and its successor or success
rs, sucn other and turther assurances.
deeds, mortgages, obligations, transfers,
assignments, bills of sale, indentures
and instruments in writing, and to do
and perform all such further and other
acts and things as shall or may bt
proper and necessary, or as the counsel
of the party of the second part, learneo
in the law, shall deem necessary, prop
er or expedient, for the better or more
effectaally securing the paj ment of the
said ten thousand bonds, and the interest
due and to grow due thereon.andfor the
carrying into effect the true intent, de
sign, object and purpose of these pres
ents, or making, preserving, continuing
and keeping valid and effectual the lien
and incumbrance created or intended
to be created by the execution, delivery
and recording of this indenture.upon all
the property .real, personal ana mixed.ol
every sort and description, including
all railroads, equipments, franchises
and effects, now owned, possessed and
acquired, by the party of the first part.
Third : That the party of the first
part hereby covenants and agrees to
well and truly pay the sum of money in
the said ten thousand bonds, and each
and all of them mentioned, together
with the semi-annual interest due and
to become due thereon, at the rate of
six per centum per annum, at the times
and m the manner and at the places
specified therein: and farther, that in
case any coupon or any installment of
interest on said bonds shall not be paid
on presentation as therein provided,
and shall remain unpaid for ten calen
dar months thereafter, and such de
fault shall hot be waived in the man
ner hereinafter specified, then the par
ty of the first part covenants and
agrees forthwith to pay on demand at
the place and in the manner in said
bond specified the principals of all such
Donas.
Fourth: That the -party of the first
part hereby covenants and agrees to ap
ply the net proceeds arising from the
sale of the bonds secured by this in
denture to the building, grading and
trtherwise aiding in constructing the
4ine of the said railroad, as the same
may nave oeeu ot may De surveyea,
and laid out, and for the full and com-
ana topping of the
said railroad, and the1 purchasing and
prcJuririg of locbmotiv.eughies, cars
and other nrobef etruWrtrefita and roll
ing sbck. and other ;propef and' suita
ble appurtenances fottheaaid railroad,
and w the erectioTi.bt depots, station
hpuses ana sucn oiner mniaings as
may he suitable and proper for the
rittn? That tire parti tn tne nrst part
hereby covenants and agrees, after said
ponds shall have been duly executed
by and in behalf of the party of the first
part, to deposit the same with the party
of the second part to be certified and
issued from time to time, as the same
mat be sold or otherwise disposed of;
and the. said trustee is authorized to
certify and issue any of the said bonds
at any trmeon the request of the par
ty of the first part, as evidenced by the
written order of the board of directors
6f the party of the1 flrst part, or of a ma-
jority pi tne saia comipiee, in wuicu
the president or acting president of the
party of the flfst part shall In all cases
jom, utjchponids shall in no case
b$ftined ahtf Issued to an amount
exceeding the sum df fifteen thousand
dollar for each and every mile of rail-
road 'Which is.ffow, or may hereafter
ea"OTtTTOireuAur operaiea oy
ytrfrthe lirst part. , ana hereby
ana set oyer, or in-
mch.afrthe time
r per completed
eadrioropex
rtartr bfheaecorM nart in writing
tion, of the names and residences of the
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