Watertown republican. [volume] (Watertown, Wis.) 1860-1906, 1862-06-06
Milwaukee and Rock river canal compa-

Milwaukee and Rock river canal compa-
ny.
he People Of The State Of Wisconsin, represented in
Senate and assembly. DO enact as tctlolrs:
Section /. The governor, secretary Of
state and state treasurer are hereby APP
pointed beard of commissioners to deter
mine and ascertain the liabilities incurred
by the territorial and state government
governments of Wisconsin, under the
act entitled ian act to grant a quantity Of
land to the territory of Wisconsin, for the
purpose of aiding in opening canal to
connect the waters of Lake Michigan with
those Of Rock river, passed by congress,
and approved June 18th, 1898.
Sec 2. Said board is hereby authoriz-
ed to make an amicable adjustment with
the Milwaukee and Rock river canal COM
pany, with respect to which company said
liabilities were incurred aid if it finds
any sum Of money due said company by
tie state thereon, the commissioners shall
sign an award to that effect, one copy Of
which shall be delivered to tie president
of the company, and another copy shall be
fled in the Office of the secretary Of state.
Sec. 3 In case an amicable settlement
cannot be effected as aforesaid, or if said
board should deem it expedient before at
tempting such settlement, it is hereby au-
thorized to submit the adjudication of said
| claim to i've arhitrators, to be agreed up
on between said commissioners and said
company. The articles of submission shall
be signed by said commissioners on behalf
Of the state, and by the president of the
company, or some person duly authorized,
on its behalf; and said submission shall
be obligatory upon the state and the COM
pany, and neither party shall revoke the
same. and the award shall be final: proUad-
ed, it shall be signed By majority of said
arbitrator and in case of the refusal or
inability Of any arbitrator so chosen, to
act in the premises, a substitute may be
chosen as above; and 10 ease tie parties
cannot agree upon such substitute, the
governor shall appoint the same.
Sec. 4. The arbitraitors so agreed up
on, shall meet in the city Of Madison, on
or before the first day of July. 1862
They shall have all he powers conferred
| upon arbinaitors by the laws of this state
and shall make their award in writing. on
or before the FIRST day of September, 1862.
| One copy they shall deliver to the secrcta-
ry OF state aud another to the president
or person representing the company The
secretary shall file such award in ais office.
See. 5. There is hereby appropriated,
to defray the expenses OF this arbitration.
a sum not exceeding one thousand dollars,
or so much thereof as may be necessary
TO pay the expenses of proceedings under
this act The board shall draw lis war
rant on the treasurer as the money may
| be needed, and apply the same in paving
the per diem and mileage Of the arbitrat-
ors, and witnesses fees on behalf of the
state. Ii shall be the duty Of the attor-
ney general to defend the state before said
arhitraitors. The arbitraitors shall lie al,
lowed such SUN per diem and mileage. as
the board may deem just. If she COVER
nor shall deem it expedicnt, he may apply
other counsel to assist the attorney gene
raj in defending the state before said arhi-
traitors, and he is il that case authorized
to agree upon tie compensation to be paid
to such counsel
Sec. E. On the payment of the money,
if any, awarded to said company, the prop
crty, rights and franchises Of said compa-
ny shall be vest ed in the state. and said
company shall cease to exist.
See. 7. The money awarded, whether
by the commissioners or arbitraitors. shall
IN no event be payable, or be paid to said
company, until the state shall receive from
the U. S. the moneys commonly called
the . five per cent. fund, now withheld
by the United States. When the state
shall obtain said fund from the United
States, the secretary Of state shah draw
lis warrant "a the stare treasurer In favor
a the c npany Ter the mouey so awarded,
AID the same shall be paid lay the treasur-
err on presentmeat, out of said FIVE per
cent fund
Approved April s, 1862,