The New York herald. [volume] (New York [N.Y.]) 1840-1920, 1858-12-17


vernmeD OF SAID States Central Amerisa and tho State
Of Nicaragua hath likewise granted full 70 Score
ary Gon Buenavcniura seva, Charge d. Ahares of sald
State OF Nicaragua tho United States legation Ia Cen
ra Amerca who, after having exchanged Their sad ini
powers due and proper FORM have agreed and do agree
upon the following articles
Article l. II is sole mnly agreed between the two high
contracting that the State OF Nicaragua uoth grant
TO and confer upon Ae United States Of AmercG or %
company Of ctes Aerc he ercisiue right and preitee
10 make construct and buiid othf' me territory 1 he sad
State Of Nicaragua through or by use and means Of any
Of the streams rivers bays harbors lakes OF lands under
the jurisdiction, within the limits OF the said State,
canal canals road roads, either rditcdy turn
pike, any other ksad of roads for the purpose OF open
ing convenient passage and communication, either BY
land alone water aone by both land and sater and
by means il deemed proper, OF locks and dams or by
any other mode overcoming and removing the obstruc
tons the navigation Of said rivers harbors, NC. be
the Caribbean Sea and the Pacific Ocean, the
absit passage steamers sailing vessels and
Of all kinds wel vessels Of every used
for the transportation and conveyance Of persons and
property and goods, wares and merchandise Of every
description; and the United States the company
which may be formed by virtue Of such charter
as shall be made, herein provided, shall be per
mitted for the construction OF said works. TO procure
take and obtain within the territories of Nicaragua, all
kinds Of material, such stone, timber, earths and
whatever else may be and proper for the said
purpose Tree OF any cha Sc, far as said material may
De procured on the lands belonging 10 sa id State.
AIT 2 The State of Nicaragua cedes and grants 20 the
United States, TO n chartered company Of citizens
thereof the may be- all the land that may be
qurcd for the location and construction Of the canal
canals road roads and which may be necessary for
the erection OF buildings aud houses Of every description
for the residence and accommodation OF engineers super
ntendents and aborers, and all others employed in the
making constr uc0n of said works or in governing
managing and ong the game and for
all necessary buildings as may be requisite and
proper the purpose slowing away therein all
tools, machinery, materials and operty every descrp-
on which may be required for the construction, repair
ing, preservation and management Of said works; aud
should portion Of the lands aud materials, of
rivers, bays, ports or their coasts, or lakes and
their shores which may be necessary and proper be
applied for the location and construction Of said works
n he d
Nicaragua agrees and undertakes extingush The title
thereto, procure the upon just principle Of
valuation, aforc said public works The aforesaid
cesson and grant shall include space of less than
three hundred each side Of lines Of works.
aud extending all along the whole length thereof that
ample space be secured on the margins Of said works for
the thereof The just ue such said
date Of this treaty will be paid by the said company
Art g. II is agreed that II the government OF the United
States shall decide not 10 unkerke and construct the said
works then either the President or the Congress hero
shall have the power and authority 10 frame enact and
issue charter or act Of containing such be
raj PROV sons and such grants of rights and privileges
moi with the rights Of the contracr car,,es
her IN securely as NAV he necessary convenent and
nroner 10 e,ect ,he great objects ia view which charter
and nc, Of Interrogation shall nroxide as follows-
ey virtue of s shall ~ oomnosed
OF the citizens or one or both of the Contracting part,
who NAV subscribe for ana become Tho owners or mo
whole of The cartaI stock II hoyever sucb citizops
TINS having the preference shan fail in dne lime m ~
scribe for and become the owners Of the whole
said capal stock The residue not taken nv them NAV IA
taken nad in and owned by the royerpmens of both ar
either Of the Contrasting parties or by the or
citiz,ps Of any other nation kingdoun or conntrv
q That said company shall have the sole and oxcus We
right and prv,ege az or owning snoh wor,
as herein named within the state OF Ncaragua provided
the same are Commenced ana prosccuted within the tune
limited IN this onventon
II shall authorse the said conpanv 10 build and con-
struct said canal or canals IN sueh width ana inth s
they shall in their discretion determine. aud ii the plan Of
roads s IN part Or n whole t "a adopted the route Width
said company az thew may think propcr
a. IT shall provide that said company NAV make con
,rnc,s sne and he sued aa n oorno,,ion win ! civen
name and tyle have a corporate seal ana enoage M ali
suh trade ana business A. MAJ b. proser and
IN nsonotpg an Tho opersons reared for the attain
men, of the ends m view
II shall contain provisions adeo,ate for the organiza
ton Of said company and that said company may make
ana adopt all ts own by aud 10 that
the came be not In conflict with the OF this con
yeptIoa.
a ns sna s.., mosus 'as & sa s, may no. o,
reconstruct the works they think proper
that they may manage and govern The same and control
the financial affairs OF the corporotion.
T. Ii shall provide that said company shall make annual
reports executive governments OF the United States
and the ate of Nicaragua setting forth their recep4s
and expcnditures and the conditions and affairs og said
company.
1t shall provide that the management Of the aars Of
said company shall be vested and lodged in nine
Of ,e and IL manner 70 be- regulated Sy said
be aproined by the President Of the United sts,es and
two by executive chief OF Of Nicaragua and
that nnc managers shall appoint their president
o. shall provide that the governments OF either Of the
Contracting parties may through their committees freely
examine and sgae the aifars business ops a,ions
and the condition. financial and otherwise OF the said
company and for such purpose such committees may
examine The books and Papers the company and exa
nine the officers thereof and other witnesses oath and
nae rerorts thereon 10 their respective governments
TO- Il sha provide that said COMPANY shall have the
sole and exclusive right and privilege of conveying persons
and and Of conveying all steamers ships and
vessels OF ali kinds by tonnage or other WISE and of
Transporting in the vessels Of others and Of their own
Property goods wares and over through and
ou sa waters canal or canals road or roads
,shcb shall be improved made or constructed by them
Al such rate charges and tolls as said company may think
urorer 10 cstabh except however that said charter
shall further proyie that all the vcssels OF war all
other public vessels o every description belonging the
foyerptnents OF Tho two contracting parties as we'll also
of All otaer vessels as NAV be engaged IN the permanent
ar TEMPORARY cmnloymcut Of said government " trans
nort thor roops munitions OF war their public property
Of All Iipds and 10 convey their pnbc agents oonsus
ministers and ali oler officers cvil and military shall
bo 10 have tho fall and use f the
said canal or canals and naygable wa,ers ant shall II
and rcuure he through the Same hy
The saA company fres "A all css and charge satd char
tr shan fr,ber nroyac also si tho Iblc ma of The