Sugar planter. [volume] (West Baton Rouge [i.e. Port Allen, West Baton Rouge Parish, La.]) 1856-1925, 1860-03-03

The BATos Roues AND Nrw o,,,;..s
RAILROAD CoMrANr.-For the informat;o. =.
our readers, we publish below a copy ~.
bill now before the Legislature, in refer.,..
to the contemplated road between the c,r;..,
and New Orleans
.I '1@t.!'' AN ACT J. t0Tfq1
Fo,.the constructions Of a Railroad from R,..
Rouge to ING fRood Of the Mno2O1a..
Jackson aud Great Northern Railroad ca.
pany. .5+s..v
Be it enacted By the Senate and House of
re'en'ative. Of the State Of Louisiana, IL GU
al assembly convened, That there shall IN.
railroad built by the New Orleans, jacks.
and Great Northern Railroad Company, n"
the town Of Baton Rouge to some points..
tween the fo.ty-seventh and forty ninth IN.
from New Orleans, Of the road beloneinsts
said Company said road shall be = 80
class road OF the same railroad of the So.
gauge as that belonging to said ComnnS
and fully equal to it in all respects. ''
SEC. 2. Be ii further enacted, etc.. That =.
the construction Of said road, said Comr...
shall have the right of way Though apvy5
the streets Of the town Of Baton Ronee ~
the right Of way through all lands beIon.;su
to the State OF Louisiana, to the extent ~ ~
hundred and fifty feet on each side ~ -
road, and to cut and use the timber and srsS
other materials thereon as they NAV COO e.
within one mile on either side. for the r.,. M
pose of said road PROVIDED, that the n,!v;i.
eye OF cutting timber shall cease whens.a
land shall no longer be the property of n.
State.
Sec. g.. Be It further enacted. etc., That said
Company shall have the right Of expron.;..
ting lands for the construction of said io,5
according to the provisions of existin. law,
SEC. 4. BeW further enacted, etc., That IN
the completion Of every twelve miles of ma
road, the Governor shall deliver to said Com.
pany bonds Of the State for the sum II On.
hundred and fifty thousand dollars, each Nd
to be of one thousand dollars, payable fortv
years after date, with interest coupons 4.
tacLed, at the rate Of six per cent. per annas,
pay bile se~mi-annually; said bonds to b -
ecuted and signed in form and mannersa
other bonds Of the State. On the comnletir
of said road, two hundred and fifty thous,nl
dollars in like bonds shall be delivere1A.
said Company. III INV
SEC. 5. Be 1t further enacted, etc.. That N
delivery Of bonds shall be made to said CT
pany until the Governor is satisfied that eaeh
section Of twelve miles has been hnilt a =.
CURED by this act, and the final payment /.
bonds shall not be made until the CoyafIeee
is satisfied that the whole work has Be-.
done a. required by this act.
Sec. 6. Be ifurkher esaeted, &C., That ~
road shall be the property q the Stste {
Louisiana. zszss asaxs+Sss al s
SEC T. Be ifsytAey esacted, &c, That NJ
road. when finished, shall b Isaaad to u
New Orleans, Jaekeons andgCSS6t- Nosthess
Railroad Company for the frstten yeamAr
the annual sumo forty-two thousand DOLL
payable semi-annualIy, and for the nextthirt1
yeers aftaswards for the annual sum a. "a,
Thousand dollars, PAYABLE semi-annually-
Provided, that the State of Louisians -
serves iha right at any time Of Iesein9SI!
SEC. s. Be dJavaler enaeted. ae.. Tksffe
New orleans, Jsckssa a6d Great NsssssasSs
Railroad Company s1alEshave sths iixhkSHl
buying saidroad frouA fHS SfGAe. spon - ~
sumption by snid Company Of the payme
Of the bonds, principal and interest, issued
its construction, and when said CONS
shall signify to the Governor its sead.ae
to assume the payment Of said bondf
shall! lie the duty of the Governor to eoa3
vey said road To saids Company tp0sN
terms aud conditions Of this Act. grat
SIC. 2. Be uja1tAer esected. &C., Thatt1
Act shall mt lake effect until the New Co
leans Jackson and G4eat .NorthesL Railaa1
Company shall give its obligation to the Gov.
ernor to build said road aud ray rent tor same
in the manner and at the time herein psuss
ivided, and that ifTby the second Monday il:
May next, said Company neglect or refuse T.
bind itself to build aud pay rent for said ROAD,
as provided by this Act, then the rishSi
herein given to said Company may be sxei-l
cise' and enjoyed by the New Orleansssds
Baton Rouge Railroad Company.
SEC. 10. Be If.yther enacted. etc, That aa
road be and the same is hereby mortgass1.
and hypothecated for the payment Of To
principal and interest Of the boeds issued t.
its construction. o+ a"i @tA