The New York herald. [volume] (New York [N.Y.]) 1840-1920, 1852-12-28

as...a: receive ..d :gFrss ..sA securities :!
contracts ~ he shall deem necesaAxy md proper;
the said proposals. 70 be decided upon and the con-
tracts entered into ct the expiration of one month
from the day fixed upon for opening the proposals.;
and in the event the contractors shall mot furnish
the securities and required by the Secro-
tary of War, under the direction Of the Prsidsut,
within thirty days from the time of awarding the
contracts, selection shall be made from the other
proposals, or like sdvertiseaents shall be imms.
three msnths, and the same prooesdines shaiI be
had thereon as herein required for the Arss pro-
posals
Sec. 7-And be IL further enacted, That the said
deemed and held in law to be corporate and poll
tic with perpetual succession for the period Of said
contracts, and for five years thereafter for the pur
pose OF winding up their business, with the capaoi
" OF making by laws not inconsistent with their
contracts. and Of suing and being sued In all courts
having competent jurisdiction, and bs vested with
al the powers. rights, privileges and mmunities
necessary and proper to the performer Of their
said contracts, or necessary to the vndioation Of
pertaining to the same
See Sand be it further enacted, That 80 soon
az the contractors said road and branches Sd oil
have completed and put into successful operation
one section of ono hundred miles thereof, it shall
be the duty Of the President of the United States to
issue to them patents for four ths of the land set
apart and appropriated in the second section Of this
aot which shall be located along and pertain to the
portion of the road so completed, retaining the
other enc fifth additional security for the com
ple.ion of the entire road; and when an additions,
section Of one hundred miles of the road shall have
been completed and put in operation ~ aforesaid,
o like quantity Of land shall be conveyed in like
manner; and so on for each section of ono hundred
miles 80 completed, until the whole road shall have
been completed and put in successful operation,
when the residue of all the lands pertaining to such
road and branches shall be conveyed in like NAME,
to the contractors
Sec 9-And be IL further enacted, That It shall
he stipulated in she contracts for the construction of
said road and brarches that . certain number Of
miles of each shall be completed each year. and il
she'll be SO arranged in this ,pect that the whole
OF said road and branches sb all be completed within
ten years and 80 soon az is practicable, and that all
portions Of said road and branches shall bs KEEP. in
good repair, and be run and managed in conformity
with the provisions Of this act from the day OF the
completion of such portion of said road and in case
OF failure on the part of the contractors for said
road and branches to comply with the provisions Of
this act asd the terms Of their contract in all re-
spects without reasonable excuse to be judged Of
by Congress- subject to the veto power Of the Presi
dent under the constitution, such contract may be
annulled, and the road and all the<ands remaining
unsold shall be forfeited, and shall revert 10 the
United States
Sec l0-And be it further enacted, That the road
and branches shall become and remain the property
OF the contractors therefor, respectively, for the
period specified in eaid contracts, subject to the
terms OF their contracts and the provisions of this
act: Provided. That Congress hereby expressly re-
serves the right by law from time to time TO- re gu
late the charges for freight and passengers thereon
subject to the restriction specified in the third con-
dition of the 5tn section of this act
Bee III And be it further enacted, That by the
contracts for the Of each said road Ard
branches it shall be distinctly understood that the
United States mails shall be carried on said road
and branches during the full period Of said con.
tracts free Of charge expense to the government
under the direction Of the Post Office Department;
and that all troops seamen, ar ns, munitions Of war,
military and naval stores, and al funds and pro:
perty of whatever kind belonging to the United
States, and all persons on official business IN their
employment, shall at all times be transported
and conveyed on and over said road and branches
free of charge or expense to the govern
ment; and for all the purposes of t-snspcr.a
tion in this article mentioned, the United States
shall have the preference all persons or bodies
polite whatever, when, In the opinion Of the Presi
dent OF the United States, the public interest RS
qures pronptness and despatch in suoh sporta.
ton.
Sec. 12-And be it further enacted, That in cas-.
either of the States herein named to which Lands
are grained to facilitate the extension Of either Of
said road and branches, shall fail to accept he SAME
on the terms and with the conditions herein provid
ed, within one year succeeding the first session Of
the Legislature after the passage of this not the SEQ.
rotary of War, under the direction of the President
Is here BY to award contracts for the con
s'uction of the roads, in suoh States shall 90 fail
or refuses Provided the consent of such State be OBJ
tanned thsefr to the contractors having charge Of
the line OF road OF which such road and branches
are extensions said contracts to be ded on The
same terms an conditions, in all respects as the
other cor acts herein provided for and the Pres-
dent shall dispose Of and convey the lands pro posed
to be granted to such States in the manner as
h1r a;p AcI Co. xlo To-,
pfiated in the second section of this bill
Sec. l3-And be ii further enacted, That upon sae
expiration Of the period Of time specified in the con-
tracts tor the construction OF SAID roai and branch
es, respectively, whereby the Same shall cease 20 be
the property Of said contractors, ana shall bs sur
rendered to the United States. so much of either of
said road and branches shall at that time be stu
ated within che limits Of any State o. States, may
conditions, in ell respects, as are herein prescribed
to the states receiving grants Of land uncsr the
provisions of this act and the residue of said ROAD
and branches, if any, to be conveys ed in Ike man.
ner and on like terms and conditions to the Sta.es
in which they may be situated whom suoh territory
nay become States Of the Union.
SEQ l4-And be it further enacted, That the said
road and branches shall be constructed in the beet
ard most substantial manner, with all the IaodsT1
improvements, with the best quality Of iron re:l,
which shall weigh not less than sixty -four rouaos to
the ard, and uniform guage Of six feet for the
track
Sec. l5-And be it further enacted, That = cuff /.
cient number Of commissioners, rot to exceed -
for said road and branches, who shall receive ssia
ry Of - dollars each, payable quarterly, shall
be appointed by the President, by and With the ad
vice Of the Senate, whose duty Il shall be, under
the direction Of the Secretary of War, to take all
necessary measures to protect the publ, interests
and tina. the terms of the contracts, respective
ly, shall be fully and strictly complied with ald
the said commissioners shall, once year. o. of.ener
if required make to the Secretary OF Wer full re
ports of their proceedings and Of -he stat, ana
gress OF the roads.
Domestic Miscellany.
The Methodist Church situated at the corner o Lsay
cite date Epghien street and Chas.res str-ee
date Moreau ftreet Third district Nss Orleans was
destroy ed by fire on the 18th instant
Notice of app cstion to the Legislature for tbs
passage Of Law TO bridge the Hudson from Albany
East Albany has be en- unfinished