The Gonzales inquirer. [volume] (Gonzales, Tex.) 1853-current, 1853-08-27
A Copy Of tho Contract

STATE OF TEXAS,(
CouSrY oE BEAR.
SEC. ]. An indcnturc made and entered
into this eleventh day Of April, A. ID. 1853,
between Enoch Jones and Thomas j. Dcvinc,
parties Of the first part, and the San Antonio
and Mexican Gulf Railroad Company, body
corporate, having the style and description Of
the San Antonio and Merican GuJ' haiiroad
party of the second part-said parties being
designated In subsequent parts of this contract
rs said Jones & Devine," and said company"
respectively.
SEC. g Said Jones & Devine for the con.
sidcrations hereinafter mentioned, hereby COW
enant and agree to and with the said Company
to construct the San Antonio and Mexican
Gulf Railroad from the Gulf terminus to the
city of San Antonio, and also the branch of
said road 70 the town Of Lavaca, beginning
and ending Mt such points and following such
surveyed lines rs the Engineer of said Com
pany shall designate by direction of tho Board
of Directors of said Company.
SEC. 3. Said Jones and Dcvinc further COW
enant and agree to construct, finish and equip
said road in the manner hereinafter mentioned,
and put the same in complete running order
within three years from the first day of De-
cember, A. ID. 1853, and to construct and finish
in like manner, not less than twenty miles of
route to San Antonio, on or before the first
day of November, A. ID. 1854, and again fur
ther to construct said road upon the lines and
in the manner required, and in strict cont0rmi-
~ to the plans and specification of the En-
gincer Of said Company, and constructing and
erecting all such buildings as the engineer Of
said company may deem necessary for the
benefit of said company, to be erected in con-
formity to the plans and specifications furnish
ed by him and upon such localities on the line
of said road as said engineer may direct
SEC 4. Said Jones h Devinc, further cove
nant and agree to build and construct said
road in the best most durable, and workmen-
like manner, and upon the most approved plan
Of first class road, using the best material
and furnishing iron known as "T" or "W"
iron rail. To construct all such bridges, via
ducts, culverts turntables, switches, turnbots,
water-tanks, pumps and fuel houses as the
engineer Of said company may direct, and also
covenant and agree to equip said road by fur
nishing six first class locomotives with tenders
complete, six first class passenger cars, two
baggage cars, 80 feet in length. fifteen box
freight cars, % feet in length, twenty -four
stake carr, 30 feet in length, twenty stake
cars, 90 feet In length and ten gravel cars.
Said road thus constructed with single tract to
be delivered to said company at or within the
tiuo uetcihucioIo SPectbeu, 10 VII III tHrct
years from the first day Of December, A. ID
1868, In good running order.
SEC. B.. consideration Of the construction
and delivery Of said road and equipments, the
furnishing Of all materials and labor by sale
Jones d Deyine, and delivery Of the same
completed in such manner as hereinbefore
provided, said company hereby covenant and
agTcc to and with said Jones & Devine, tina,
they will pay for said road the sum Of twenty
soven thousand dollars for each mile in length
Of said road, exclusive Of the buildings mcn-
toned in section third Of this contract, which
payments shall be made in tho following man
nor and upon tho following terms and condi-
tons to wit: that at the signing and delivery
OF this contract, said company shall execute
and deliver to said Jones 4 Dcyinc, bonds OF
said company equal in amount, TO two thirds
Of tho contract price of said first section of
said road, said irst section being twenty miles
Of the road commencing at or near the town OF
Lavaca and running on the route to the town
Of Victoria.
SIC. q. Said bonds shall be signed 10y tho
President Of said company and such othet
officers or persons as the board of directors
may hy resolution direct Said bonds shall he
payable after twenty years isom the date al
their negotiation by said Jones 4 peyinc, and
shall bear an interest Of ten per cent per an.
mum from the time of such negotiation, which
interest shall be payable semi. annually at the
Merchants Exchange in the city Of New York
Said bonds shall hc mortgage upon said road
and upon the material and equipments Of every
character belonging to the same, which lieu os
mortgage shall be expressed upon she iarc o
said ,cs,ds. Said bonds shall at aay time lac
convertible into certificates of stcek of SsAi
company at the option Of the holder hy sur
A
cf said company by the treasurer, They shall
he made payable to said jcnes 4 pcsine @,
+ their ssssgpcss aud In case of the sssignn,ca'
of the same or any portion ,he1voE such a.
/ signs shall he ca,i,lsd 90 the same rich, ant
privileges and securities a. the esikieal hold
era =
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