The Supervisors of the town of Beloit passed a resolution to issue bonds to the Racine & Mississippi Railroad Company.

The evidence

• “At the election, 321 votes were cast for the proposed subscription and only 67 against it, and on the 5th of October, 1853, the Supervisors of the town passed a resolution to issue bonds to the amount indicated, and to deliver them to the Racine & Mississippi Railroad Company. Prior to this date, on the 8th of March, 1853, the Directors of the Company had passed a resolution to accept the bonds of the town in exchange for the stock of the Company, "conditional that the road from Racine to Beloit be one division, and the stock therein a distinct stock ; and also conditional that the Company provide for the payment of the interest on said bonds for said town until the completion of the road to Beloit." On the 21st day of May, 1853, the town and the railroad Company entered into the following agreement :”

  1879-history-of-rock-county/10-rock-county-ch04-early-maps-courts-railroads.md, PDF p. 383 / book p. 387

  Butterfield, C. W., et al. The History of Rock County, Wisconsin: its early settlement, growth, development, resources, etc. Chicago: Western Historical Company, 1879. Cornell University Library via the Internet Archive, archive.org/details/cu31924028871585.

  Grade A: Found on a page of one of our sources