The New York herald. [volume] (New York [N.Y.]) 1840-1920, 1852-09-01

49, s16s6e W s"s0 snAs tVsu eVmmencou sno
18th, Satisfactory security t. be given to govern
ment for tho due compliance Of enc sgemeuts in IN
amount not smaller than eD0 900 THIS security iss
ss.s S. Ts q.
all his investment on the road, all the materials aud
property no may have thereon, and al privileges
and interest conceded to him By the contract, in
the case OF his failing to comply with his engage
ments either with respect to the construction Of the
wagon road or the railroad.
10Th After the construction Of tho railroad shall
have been commenced, the securities given by the
contractor shall be cancelled. or the amount depo.
sited by him be returned, and he shall be relieved
from the liability Of that forfeture but if after
said commencement be made, he should fail to
brig the road to completion according to his en-
gage meDt, he shall be liable to ali the other losses
named before, except that of the amount of the secu
rty; and he will only be entitled to be considered
associate for the value Of the cars and materials
which he may have imported from abroad, pro
yided that said value exceed $500 000 for if it should
prove to be below that figure, then the whole will
fall under the pain of confscation.
10th. As the decree issued on the l4th Of last
May requires that preference DO given by govern
ment 10 the proposals made by Mexican citizens,
and petition having been made to give a clearer
de niton to the spirit of the decree, 1T is pre-
scribed that every bidder will declare whether the
company that he proposes forming be composed OF
Mexican citizens, Of foreigners, or Of both 1t is
also prescribed that the company that should be
declared TO consist OF Mexican citizens and for
egneys jointly, will not be able to transfer their
rights TO foreigners alone, and that the company
that should be declared as intended to be Of Mexi-
exclusively, will not be able thereafter to sd
nit foreigners as associates, nor to mako any bar
gains with them that may give them a right Of
mortgage, lien Of any kind on the road. or in.
terveDtiOn in the administration of the enterprise
18th. The contractors will have to build at their
expense, the wbarves, breakwaters, and other i'm
pr0vements in the tcmtnt ports that may be neces-
sary for the safety ofvesses, and the public accom-
mediation.
18th. The road will have for fcrmini such points
as the government may fix upon for the establish
Dent Of custom houses
18th. The contractors will obligate themselves
to prevent smuggling, as far as may be in their
power, and TO discharge any of their employ who
may have been party, or connived at any snug
CLING, whenever government may require from tie
contractors so to do. Government reserves to
itself the right to fix hereafter the regula-
tons that may be deemed proper to govern the
trade with the interior that may be carried
ON with the merchandise that should be brought
to the lstbmus for transit, and even to interdct
any such trade, If it should think proper
Goth. The contractors will bind themselves to give
transportation, free from any charge, to the troops
aud government employees: and also to transport,
for price that shall not be less than fourth Of
the regular tariff rate, all arms, munitions of war
ard government effects.
2lst. Any foreigners that should be interested in
the company, Gn the event that the same should
consist jointly of Mexican citizens and foreigners
having right under any other plea for Intervention
in the affairs Of the company, or for sharing in it's
profits, or otherwise enjoying any Of its privileges
the said foreigners shall not have any other advan-
tag,s than those that belong to Mexican citizens !;
nor will they be able to avail themselves Of any
other means TO make good their claims, than those
which are conceded by the laws Of the republic.
All points of litigation that may arise upon the ac-
QUESTION, enforcement less of interest the said
road viii Be subject to the decision of the competent
federal tribunals, and in accordance with the laws
of the country. All agents clerks. or persons en-
poyed by the contractors will be subject to tho
same conditions.
22d. Any persons, or company. to whom the con-
tract for this undertaking should be given shall not
transfer their privileges without the previous con.
sent Of government, nor shall they be permitted to
ADMIT partners any foreign govern ment or corpo-
ration. The violation Of any Of these conditions will
r,ader the contract null and void. And the Next
government will be free to dispose Of the matter
a. they think best, always respecting tie legitimate
rights of private individuals, or stockholders.
23d. If the contract should be made with a
company consisting Of Mexican citizens and 70.
rcigners, the snid company Will be bound to
keep N office in the city of Mexico for the
sale Of stock in the company, AID 70 admit as
stockholders all Mexican citizens who msy be dis
posed 10 take interest in the undertaking Tue
voue OF each share, however, shall rot exceed
IS. so aLd the company sbail have the right to
fix. .ith the concurrence OF goverrmcnt all regu-
a'iuIs with reference 10 the acquisition possession,
aud forfeiture Of interest therein
24ta Ihe government will De considered as asso-
ca ell foY prol ortion that shah NOT be less than
oue. iliid Of Inc total amount Of stock issued.
18th. The per centaee ct tue revenues asngne q
to government viii commence fIom the orig NAL
receipt ct the profits On the enterprise,
2Gb The government VIII estpblish any bureau
or employ any agents they may consider proper, TO
upeIiLtond the collection Of dues, and the cue OBJ
ssvaEce Of The contract. There agents will be in
-tCctt TO extend TO the company all tue favor and
protection it may be entitled 10 receive from gov
21th There shall be free transit for the citizens
subjects OF all the Laions Of the globe, without
any Other restrictions than those that the govern
nCnt may impose Blu. il will not be lawful 10 tram
sport without the express order OF the government
NY foreign troops or munitions OF war
2-tn. The company Will have the concession OF
all the lend thar may bc necessary for the coastruc
ton of the road. buildings attached, and stations.
ana will have the right to make use OF all the tin
Der and mat, rals that may be found o. public do.
nain. But if they should require ia.d timber. or
materials belonging 10 private indisiguais, me
slll have to pay tor the same in accordance with
tie terms Of the law The company VIII have no
~ ht 10 lntroouce foreign colonists or omgrants--
not even to SETTLE On lands which they may acquire
10y private purchase.
10Th. The company win have the right TO import
Fl OF duties, ali machines and tools necessary fol-
be work, ar also for the first year they may i'm
pcft il quantities. from time 10 time, tue provisions
hnt may be necessary for the subsistence OF tue
abCTers But oI this purpose permits VIII nave u
bc obtained from government aud regular Invoices
piCsentcd.
3o,h The company may employ all the agents
| aecCssaTy for tho administration Of the road hui
gDl bare right to construct tortTcsses, 20 keel
uy AIMED solce, to organize any private police
| witfo the previous appreciation of government
| Gist The company viii collect all the fees that
may be obtained iIoiu the transit orage. other
s!so. according tariff which they VIII form and
submit for the approval Of government But il this
arG viii not be included any additional imposts Oh
mercbnndi7e or passengers, which government may
tx. This viii be collected by government, as well
rs the Per centgge on the revenue which may apper
tain 20 government by The terms Of the contract.
ed. The government obiigates itself no. TO in.
pose any coItibutin the road Itself, or on tbs
merchandise passengers that may pass by it. Of
% the capital that may he invested therein. But
hoy viii have power 20 impose an additional duty
N merchandise aud passengers that shall not ex'
cecd one real, which tax will belong exclusively Il
government.
sd. At the termination Of the time Of the con
tract The government will come into possession o.
the road and all is appuIten according to the
~ bp hfet mar RI n