The Placer herald., 1862-05-31
The Pacific Railroad Bill.
The Sacramento Bee SAYS:

now adopted, is of the first importance to
California. We make a synopsis of its pro-
visions:
Section l names certain parties in several
States, who with such others as shall associ
ate with them, are authoriz d to locate, con,
struct, and maintain, the road and telegraph |
line. The parties named in the bill for Cal
lfornia are S. j. Hensley, Peter Donahue,
G. p Huntington, and T. ID. Judah; but
there are great many other Californians
interested in it. and among them, Governor
Stanford, G. b. Brocker, l.. A. Booth, and
others of this city, besides Marysvilians, Pla
cerviIians, etc etc.
Section grants the right of way through
the public lands to the extent of 200 feet
on each side Of the road, and also the right
to use timber, stone, earth, ect., for the com
struction of said road
Sec. grants to the Company every alter
nate section of land, to the amount Of five
alternate sections per mile on each side of
the road; and if these lands be occupied by
owners, preemptors, Indians or others, or if
they be worthless, the Company may take
other lands in lieu thereof; but all these
lands SO granted shall be disposed of within
three years after the completion Of the road
and if not so disposed of, shall be open to
preempton-the Company to be entitled to
the 81 25 per acre therefor.
Sec. 4 provides that whenever forty con
secutve miles of the road and telegraph
line be completed and in proper working or
der, and it be SO certified by commissioners
appointed by the President for that purpose,
patents to the land granted for that numb Der
of miles shall issue; and so other patents
shall issue on the completion of each forty
miles.
Sec. 5 makes it the duty of the Secretary
of the Treasury, upon the certificate Of said
Commissioners of the completion of forty
consecutive mics of the road and telegraph
line, to issue the Company sixteen bonds OF
81 900 each, pay able in 80 years, and bear
lug an interest of six per cent. per annum,
for each mile Of road 50 completed, and the
United States shall take first mortgage on
the road to secure the payment of said
bonds.
Sec. 6 provides that the Company shall
keep the road and telegraph line in repair
that the Government shall at times ha the
preference in their use, at rates not exceed
ing those paid by private parties for like ser
vice. and all service performed for the Gov
ernnent by said road or telegraph line shall
be charged against the bonds and applied to
their payment, until the whole amount be
fully paid; and five per cent of the net
tarnings of the road shall also be applied to
the PAYMENT of said bonds and interest
| thereon. until the whole be fully paid.
| Sec. provides that the route shall be 10
Gated by the Company within two years, and
that the whole road shall be constructed
within twelve years. When the ute is lo
Gated and map thereof filed with the Sec
retary of the Interior, he shall withdraw
from sale or preemption the lands donated
to the Company, as mentioned In section B.
Section provides that said road and tel
graph shall commence on the western bound
ry of Kansas, and running westerly upon the
most direct, central and practicable route,
through the territories Of the United States,
to the eastern boundary of the Territory Of
Nevada, there to meet and connect with the
Nevada railroad line across tie Territory Of
Nevada.
Sec empowers the Leavenworth, Pawnee
and Western Railroad Company, of Kansas,
to construct line, as per charter from Kan:
sas, from the Missouri river to connect with
this Pacific road, and all the provisions of
the Act shall apply to them, and they will be
entitled to its benefits. And the Nevada
Railroad Company Stanford, Crocker,
Huntington, Hopkins Booth and others
corporation created by the Legislature of
that Territory are authorized to construct a
road and telegraph across Nevada under the
provisions of the bill; and the Central Pa
cifc Railroad Company of California, are
| 81, hn lnI0
graph in California from San Francisco, or
the mavigable aOaters of the Sacramento river,
to the eastern boundary of this State and be
entitled to all the benefits Of the Act. Any
companies hererfter to be organized by the
States of Oregon and California for that
purpose, are authorized to construct branch
railroad and telegraph line of the said Cen
tral Pacific Railroad and telegraph, connect
ing Herewith at point at or near 1Sdcra
naento City, and extending thence by the
way of Rogue river and Umpqua and Villa
mette Valleys to or near Portland, Oregon,
upon the conditions prescribed in the Act,
save that not more than $4,000 per mile
shall be granted therefor.
Sec. 10 makes it obligatory on the Kan,
sas Company to complete 100 miles of their
road within two years, and 100 per year
thereafter-the California Company shall
complete SO miles of their road within two
years, and fifty miles per year thereafter;
and after com pleting their roads these Com
panies may unite with the parties named in
the first section and their associates, on
equal terms, in constructing SO much of the
Pacific Railroad across the Territories as
shall remain to be constructed. The Com
panies mentioned on either end are to 60 on
with the work until they meet the parties
working from the opposite end, even though