The New York herald. [volume] (New York [N.Y.]) 1840-1920, 1856-04-22
MexicO.
RAILROAD FROM VERA CRUZ TO rHH 0APfrAL-
NEW CHARTyR.


NEW cHARTxR.
MINISTRY or FonKSTo-CoLoslzATos, IsDUsTRY AND OoaG
MRRCT OF THE RRyUBuC o kHxrCo-FurH SK1oS.
His Excellency the Provisional President Of the Rspzb
lie Of Mexico has been pleased to address the ctzsa
Siteio the following desee;-
TIE CITIZEN lGNAuo CoMoNyoRr, PROVISIONAL PRsslSua
or Tny REPuR1c or AFxico, 10 rs IsHABrAsTs,-
In virtue Of the powers which the plan proclaimed n
asened ~ Il M right to decree * what follows % : ~ -
Article l. In order that with the greatest prompM
tude railroad may be built from Vera Cruz to tns oapi
OF railroad directors established composed Of senorss
D. Gresorio hier y Tsran, D; Hermenegildo dc vlys
Cesio and ID. Pablo Martinez del Rio.
Art. 2. This board is fully authorized to pro-
cssd in accordance and conformity with the legal PES
o. ns .or u ns
bAt, in the forming, within or without the republic,
company to con.inue Immediately the roads Oegua In
Art 8, The Beard of Directors shall take, at valaa-
tion made by exports the track Of railroad oonsructsA
tent materials and tho objects which have been orasrs
in Europe the proceeds resulting from such sale OF the
csuseway of Guadalupe shall be delivered up to ths Mo-
isty Of Fomsnto in shares on the same terms and ooa-
cinons the public receives them
AIT 4. The government hypothecates the produce Il
ths nes established by the tariff known o. the tariff sf
material mprovemsr for the payment Of six per
yearly the cspal which shall be aii out In materials
and necessary wax for the construction use and nan-
caly and expressly for ts objectso thnt nothing
be distracted under whAteyer ext from this stock
Art g. The said capitals shall have the beneat OF this
revenue from the day they are laid out In ths buying 8
materials and the construction ofworks until the trrox
or tracks produce per cent.
Art g. Ire obligation contracted by the supreme gov
ernreIt in the two foregoing articles Is to be undersd
the that II has 10 make up the Of sx
per cent yearly IN that the produce Of ths e-d
railroad is sufficient that for example, the ,rank
or tracks which are constructed do yisd but two peg
cent the shall only furnish four per cent
and shAn continue in This way successvely until .he
road produces the said income.
A. aS.N ~Jt- II.
government In conformity with the three preceding
tcss shall be covered BY the company IN shares which
shall receive the corresponding dividends In the same
way the ott or shareholders
Art g. The board Of directors Of railroads shan give
cs to the government of the formation Of the company
OF the amount Of its capital and the track or tracks
which proposed TO be contructed and IN what time;
they being at liberty to form, with the knowledge and
appreciation OF the government, more companies
fer the whole OF the railroad or for single tracks.
Art 0. The beard OF directors shall bs likewise under
the obligation to order the survey of the road from Mex
CO to Acapulco and Ss1 Bias, to have ths
plans drawn and to employ portion of the capital In
the construction Of carriage way from Mexico to A-
Art TO- The board of directors ahs receive from tAs
funds Of the Ministry Of Fsnto, every SIX months ths
necessary snms 70 to cover the income Of ths capd -
1t is established in the 9th and 9th articles.
Art H. The company being once formed, the Sono n
D. Gregorio Mier Tsran, d: Hermsngdo do v,ya
Cesio and D. Pablo Martinez Del No shall not b Ano1-
ed to be removed without the consent Of the general
beard OF shareholders.
Art L. The board shall give In to the ministry evsv
six months copy OF Its accounts with tho vouchers o
the employment OF it's funds.
Art 13. TAe capital laid out In these works, we'll
the road materials, lands, and the revenue iNe are -
property Of The company and each OF the Interested
parties to his spending SHARE and they ehan nst
be allowed to he deprived OF them to be mosstsd N
whatever WAY.
Art H. IT. in the course of time any doubt or dsputs
in reference 10 this decree arise il shall be decided
upon either BY arbitration or by tbs Supreme Court ct
Justice without foregtess belonging to the company
being sbe In under any protex to make
OF their rights foresners which they oxprossy viii
In the meantime order this to be printed publshsd,
circulated snd executed In due manner.
Given in the National Pssce Of MEXICO, Feb. |. 1883.
IGNACIO COMONFORT.