Rutland weekly herald. [volume] (Rutland, Vt.) 1859-1877, 1862-10-02

IA aHd seventy SIX tho N"1' " NJ '"'s
before mentioned and 70 % Vohstrue.eu
M PROVISIONS OF this ae,, logether WIN
~ nmilnre, fixtures, rolling STOCK, ma
u bops lands tenementsi ana hefed'm
W. ,ol property OF every kind ana eharae-
aass IN BIO 'orteited 20 and no taken possession
= ,be United states Prowdsd, Thar Of the
FV X rha UuIiel States w this Ael PROVIDE
11i' ~ .,,,.s3 ,ar any and all parts OF the roads
..os,ruclcd east of the one hnndredth me
gu,j Longitude from Greenwlch, ana
mart NJ The road wvsl on ne wes, 1907 OF
fa'! ~ N.gs3a mOuufain there shall be re-
ol each part an insialmeui twenty i've
w'''..nm 10 he and remain in the United
Treasury undelWered' nnul SAID road and
sS' hereof provided for in this act are en-
completed aud OF on Tue bonds PROVIDED
tF' lI;g, red fof the said road between the two
,,s aforesaid there shall be reserved out OF
pH",. s,slmen, Rfieen per centum, 70 be and re
CSC ,be Treasury until the whole Of the road
gan ,or In this act Is fully completed and
F4e ala road or any part thereof shall fail Of
rI,don AZ the time limited therefor in this
], ben and 10 that case the said part Of said
IN, so reserved shall be forfeited TO the Unit
| A States ......,......-...
II
w y, ,o,j and telegraph, intending the amount
I n.rsd for services rendered for the United
60 after deducting all expenditures, includ-
90 ,enars and the furnishing, running, and
Issosong Of said road shall exceed ten per
,.n,po, upon its cost, exclusive OF the five per
.n,um 10 be paid 10 the United States, Con-
,,s.s NAV reduce the rates of fare thereon IL un.
.s.,,orabie in amount, and may fix and estab-
E.b The same by law. And the better to accom-.
nisb The object of this act, namely, TO promote
no public interest and welfare by the eons,ruc-
40, Of said railroad and telegraph line and
Keeping the same in working order, and to Sc
s.re 10 the Government at all times (bnt partic.
ularly in time Of war; the use and benefits OF the
same for postal, military, and other purposes,
Congress may, at any time, having due regard
Tor The rights OF said companies named herein,
add to, alter, amend, or repeal this act
Sec 10. And be Il further enacted, That the
several railroad companies herein named are
suhorized to enter into sn arrangement with
he Pacific Telegraph Company, the Overland
Telegraph Company, and the California State
Company, so that the present line Of
segraph between the Missouri river and San
francisco may be moved upon or along the line
4 said railroad and branches as fast as said
Dads and branches are built and if said ar
he entered into, and the transfer Of
aid telegraph line be made in accordance there.
nth TO the line of said railroad and branches,
uch transfer shall, for all purposes of this act,
e held and considered tulflment on the part
said railroad companies of the provisions of
rs act in regard 10 the construction of said line
telegraph. And, in case of disagreement,
aid telegraph companies are authorized TO re-
Dove their line of telegraph along and upon the
ne OF railroad herein contemplated without
reudice TO the rights OF said railroad compa-
les named herein.
Sec 20. And be IL further enacted, That the cor
Grafton hereby created and the roads connected
herewith, under the provisions OF this act, shall
lske to the Secretary OF the Treasury an annu-
report wherein shall be set forth
First The names OF the stockholders and
leir places of residence, so far AS the same can
ascertaned;
Second The names and residences OF the di-
.etors, and all other officers of the company
Third The amount of stock subscribed, and
le amount thereof actually paid in;
Fourth. A description of the lines of road
lrveyed, of the lines thereof fixed upon for the
nstrucion of the road, and the cost of such
srveys.
Fifth. The amount received from passengers
D the road; ..
Sixth The amount received for freight there
Seventh. A statement OF the expense of said
,ad and its fixtures;
Eighth. A statement OF the Indebtedness of
id Company, setting forth the various kinds
ereof Which report shall be sworn to by the
resident of the said company, and shall be
resented to the Secretary of the Treasury on
r before the first day of July in each year
Approved, July /, 1862.