The daily union., 1854-01-12
Tn. p.clnr sailrsad-TexsA

10 s1d in The hosss "a 10 -. We give bslow con-
denssd outline OF al lis sections
secon one appropsi.lss Of land per mile 10
the company companies . who undertake. Aad
sAid road" from point north Of Fulton,
Arkansas suitable point lbs Rio GEandes or
near the Of II PAso"
Section grants right OF way exceeding 300 iset
in width, aud all earth, stone. tnbef and other sseas
the public lands In the vicinity Of said road made
subject 10 10 ases
Section thse provides the rosd Ia CONSTRUCTION
pnle cement Ae shall be made :. nrst class
road = lhs weigh "a pounds the yard 90 miles
10 be compsted IA running order in ls months irom the
dale Of the aud loo miles per thereafter
Section four makes II The duty Of The governor mme-
diaiey Eile the passage oi the aet advertise
eesdg twelve newspapers Tor proposals from companies
indlriduals, which proposals shall be filed In hs office
Of the Secretary Of smie "ai such time the governor
may direct, not later than the isl Of August
Section fve requires The governor on, after
the ist oil May pfnetesbe select from the pro
osa. made that which, in his Judgment under a
ths circumstances OF the shall offer the strongest
and thar The road will be promptly and
substantially built in IFS whole engts" and contract
with the party whose proposals eleesd and III
persons making such proposals shall fail refuse
into such contract then The governor mny contract
with other parties.
section six incorporates conuactors associates
and and ihose who may become sockhoiders
rs hody polite and porae Tor the nnery-nin
years. under the of ''rhe Mississippi and Pacific
Railroad Company. granting them the usual corporate
powers and privileges
Section authorizes this corporation survey, To-
cate construct and railroad the general line
and designated in section and into
nsaions and agreements with 'other panes"
railroad from The Mississippi TO the Pacific, agree
being recorded in the office of the secretary OF State
OF Texas and where snch agreements made the par
tiss making Them "shal be regarded corporation
Section eight makes the capital stock So 600 di-
vded into shares OF Sioo each, which stock may be
creased from sum aoi eAceedng the en-
tire cost OF the road.
Sscon nine authorizes 'he contrsctors 10 Aorpanize
said COMPANY by "calling meeting of the s,ockhoders
III such time and place they may deem e1pedenn TO
eeci exceeding itsen directors who shall choose
OF iufr na.iiei - r'.~'s--- $500
agents they think proper adopt bylaws, which
shall be filed with The secretary Of Stale and published
least three newspapers Of Texas issne bonds o
less than $500 Than 900 each - and perform
generally the functions Of similar boards Of directors Pro
pidsd That Ut the first election o directors The
shall reg gulae the manner of voting.
Section ten regulates The manner Of assessing dam
ages ioT crossing private lands, The parties
agree tereon providing trial by jury of
before the district Of the county than
800 is claimed. and before the justice Of the
peace where less than Sio0 claimed and eIenptng the
ccrnpauY from where they shall have rendered
equal tine assessed by the jury before the
OF the suits and dec the jury consider
whe her the valuc o rasidue Of any land for which
damages claimed. is NOT equal 10 the damages
taiued.
Section eleven provides alter lne company i. have
commenced receiving tolls any nfy miles Of The road
they shah thereafter keep the in good order, sna su
cienty equipped or the transportation OF persons and
properly"
Section twelue requires that the sal COMPANY within
sixty after entering inlo said deposle h
of the Safe Of Texs. least $3.50 900 In
gold silver, evidence OF debt Of the s. ol Teas
ohar good stocks" guarantee for bufidine
and completing in running order OF iy mics Of the roed
within eighties months from date contract, In
which such money stock IS be returned
company" In Of "a failure upon the part ol said
compAny sach money stock forfeited the State
and in case Of failure 70 deposie sneh sum
zuet is vosd and the contract
with any other company or individual"
Section thirteen When the track Of the road selected
the shall the lands survey cd
sections Of go each, or thirty miles on each
aide OF the !; and when tey completed hfy
miles Of the road, they may select and dssgnate 10 the
governo OF land In alternate sections, equal
sections the re completed, which shall be
patented tie company their assigns .free Of all cost
and like ,hroug bout tie length of the
road Prorided That the road shall Trinity Brs
xos and Colorado the a2j pa allie practicable
Section fourteen all public lands the lo2d
parallel Of longitude from Green~io between the
and s3d dsser OF latitude. OF said Iasd
ue sot and 81 degrees lsude the purposes
herein iorh until the track of said located by
said compnny, IRON which time ali pubic lands ssyipr
within thirty miles each side of said road unlf
ID. Is surveyed aud located" are reserved for
purposes OF Prcp1ded Thai the conrany shall
receive cerhcAies which they may locate elsewhere in
alternate sections. IN above made
should embrace the amount which hey may be en-
uued ad prOpicea. rso. That these reservations shall
continue 'pntl otherwise directed by law =. yrorided
fuhsr That the surveys be made seusrr rosnx one
mile ihe road. and
Section hIesn provides in Of failure by me COM
psny finish the road contracted thar he contract
and such pau Of the road may be compei.d win ts
sppurIensnc shall be forfeited ts sntereservinr to
company the night TO prosecute and defend any sus
rights, &c-, previously nccraing.
Section sixteen provides, in said should
forfeited that the governor shall resdverse and re-
lei similar iorns, &e., 70 oshcr party or parties.
provides thsi snds granted 10 the
company shall be aienaed onequsrter six one-quarie
eghl one-qusrter in icu and one-quartsr in twelve
years sfer the shrl have BEEN selected and To-
Gated.
Section eighteen npproprnes 81 600 TO enable the
ernor into effect the provisions Of the act
provides fhsi The shall be con
suued affect the right Of location entry Se heretofore
acquired in the reserved district and ibis shall
gass effect rom its passage.
steamer Alabama
The Washington correspondent OF the Baltimore Pa
trio under date OF yesterday, thus writes
"Then 10 be misunderstanding about the