The Gonzales inquirer. [volume] (Gonzales, Tex.) 1853-current, 1853-08-27

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said road, and the same shall not be due and
payable, nor shall not bc subject to interest
until the whole of said road shall be complct-
cd, equipped, delivered to, and accepted by
the Engineer of said company; at which time
said company shall execute bonds of the same
character rs those herein first described for the
payment of said reserved sixth part Of said
contract price.
Sic. 0. Said company further covenants
and agrees with and to said Jones Dcvinc,
that they will pay and sustain all discounts
and brokerage commissions that may accrue
in the negotiation and sale of such securities
as arc paid to said Jones & Dcvinc, described
in the seventh section Of this contract, the
same being the first onc-siXth advanced upon
the construction of each section respective.
ly.
SEC. 10. Said company further agree and
covenant with and to said Jones 4 Devinc that
upon the completion of the first section of said
road in good running order, said company will
and shall issue to said Jones & Devne bonds
and securities for two-thirds of the value of the
contract price per mile of said second section,
and for onc-sixth part of the contract price of
said second section, said bonds and securities
to be Of the same character and issued in like
manner and upon the same terms and condi-
tons as those provided for the payment of the
construction and equipment of the first section.
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tons shall be ten miles or more, and the terms
and conditions of payment Of each section
shall be tho same as those prescribed by this
contract for the first; and said Jones & Dcvine
shall bc required to file bond and security as
the first section, in the same sum for the con.
struction and equipment Of each subsequent or
additional section: Propidcd That II said
Jones & Dcvinc shall have at the commences
ment of the construction of any one section
It..s.,
make the value of ninety thousand dollars, by
the estimate of the Engineer of said company,
then no such ADDITIONAL bond shall bo rcquir-
cd.
SEC. IL. Said company further covenants
and agrees with and to said Jones 4 Devine
that all the lands, town lots, instalmcnt upon
subscription to stock, and assets Of every de-
scription now in the possession, or which may
hereafter como into the possession of said COM
pany, Except such portion thereof as may be
necessary for the payment of the necessary
current expenses Of said company" shall be
and is hereby declared to bc a special fund for
the payment of interest accruing upon all bonds
issued by said company in pursuance Of this
contract, and no sale, mortgage, or other dis
position Of tho same shall be made by said
company except for the purposes mentioned
in this section. This special fund shall also
include and embrace eight sections of land
donated by the State to said company, for each
and every mile of said road constructed.
SIC. l2. Said company further covenants
and agrees with and to said Jones & Dcvne to
furnish them, the said Jones 4 Devine, at the
4 expense and cost of said company, all surveys,
plans specifications OF said road, bridges, via
ducts culvcrts, and edifccs of every descrip.
ton required for the same, rs we'll as the right
Of way already obtained, and any right Of way
not yet obtained shall be obtained without de-
lay at tho cost of the company.
SIC. IS. Said company further covenants
and agrees to and with the said Jones & Dcvinc
that If any aid in money shall DO obtained
from the Legislature Of tho State Of Texas for
the construction Of said road, or any part
thereof, whether general or special law, said
sums of money shall bo paid to- said Jones 4
Devine and received by them upon the terms
OF n cash payment rs hcrcinbcfore provided !;
and the said Jones & Devinc hereby covenant
and agree with and to said company to cx?end
such sum or sums of money in the conslrue-
tion of said road and to waive tho prior lien or
mortgage upon said road. expressed in the
bonds issued by said company, giving to the
State Of Texas = preference lien or mortgage
upon said road, io secure the payment Of the
principal and interest Of such sums Of money
so obtained
/ SIC II. Said company further covenants
that tho kaildings described in section three,
to he erected hy said Jones & Dcvinc. and al.
So all such whsrves ~ may bc required by the
i Engineer Of said company tc lc constructed
according to the plans and specifications fur.
Iuishcd by said Engineer, shall he paid for In
the bonds ef the company of the same eharsc
ter ss those issued hy said company fcr the
payment of she two-,hiris instalmcnss &C the
drst sni c,her sections cf the read al yslne
twenty five per cent shoye the estimate ci ,hc
N,gineers os said cempsny. prsesie,f. said
csiiiicss shall No. ha erected by said Joaez A
Devioe unl.ss said cesppany shat specially re-.
saair~ the eresison ef ,ks ssme
:, Sac. is. SAID Jones 4 Divine further cove.
nsns and ssrec With sasi Ga sassi c~araay thai
in case the rcnxress of ,ks unste,i States shall
remit VA wiseis ~ ia part the duty span rail
Rad lsoa purchased hy sad Jcns> pvvias
fcr She scssssssssssca ef sssa svsss az shall ~
6.sSe shs rate ~ iats~s Ca fi,mre issrexsstscns
II fssifrsa irv~---thA, al sssA vnssssians ARD
rs~iaesssas that shall egsse.s ia tssst a said
ieass Device tsss than sass essesni rate q
sasty shah be crnsssssesi cash pasusat ~
ssi scsaTssny Ia tAs semsssssssa Il sssi
Itsaa
i sse. ia u Is @asasIly se~eess cevxesassa.
sA.i .t,ssessss--i tg ard issweaa she ssyssss a
this csstfsrs sssas essA szeskSs pf ssss ss.~a "a
s~ss As cusnst<sszk Ard she eas iisaxA. ~kssxs.
sni sshss s.kfrvs ter~saheSxe yxovnssa k.g.
saAR ss sassess 70 sAe snspeetsw II The Tnxs
nsss es sasa e~mysny. ~ho. ~ st~ sxs3sassss,
~ ths thsre sssss hsrcsassSass tssvssei fs
and kysstfssd. ana sass the wfse3s IL ga rrs.3
has ss~m coc<sswS8si snd sxasts~d IN ss,s vssr
sss t<<ssssseEz~ l@<ss<soss<sS xissn rsx.&s. sall
+ rad fsess sasd Jaass 4 tssssn~ ifhs 4 sssis.
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fssed sssh oa slss rAss a sssa Jesc. 4 Sieys~s,
ted 'e Fsssssst iesxasssa srsssssn sssa rasssss