Nebraska advertiser. [volume] (Brownville, Nemaha County, N.T. [Neb.]) 1856-1882, 1863-02-26

constitute quorum Tor the transaction Of business
The secretary and treasurer shall give such bonds
with such security, as the said board shall from
time to time require, and shall hold their Offices at
the will and pleasure Of the directors. Annual
meetings Of the stockholders e the said corporation
for the choice Of officers when they to bs chosen
and for the transaction of annual business shall be
holden at such time and place and upon such notice
as may be prescribed in the bylaws.
Sec. 2. And be it further enacted, That the righ;
Of way through the public lands be, and the same
is hereby granted to said company for the construc-
tion of said railroad and telegraph line and the
right power and authority is hereby givea to said
company to take from the public lands adjacent 80
the line of said road earth, stone, timber and Othsr
materials for the construction thsreof said right Of
way is granted to said railroad to the extent Of
hundred feet in width each side Of said railroad
where it may pass over the public lands including
all necessary grounds for stations, buildings, work
shops, aud depOts, machine shops, switches, side
tracks, turntables and water stations. The United
States shall extingush as rapidly IS may be the In
dian llcs to ell lands falling under the operations
Of this act and required for the said right of way
and grants hereinafter mada.
Sec. 3. And be it further enacted That there be,
and is hereby granted to the said company, for the
purpose Of aiding in the construction of the said
railroad and telegraph line, and to secure the safe
and speedy transportation of the mails, troops, mu
nitiOns of war; and public stores thereon, every al
ternate section of public land, designated by odd
numbers, to the amount OF Eve alternate sections
per mile each side of said railroad, the line
thereof, and within the limits Of ten miles on each
side Of said road not sold, reserved, or otherwise
disposed Of by the United States, and to which =
presumption or homestead claim may not have at
aehed ut the time the line Of said road IS definite
IL fixed Provided That ali mineral lands shall be
excepted from the operation of this act; but where
the same shall contain timber, the timber thereon is
hereby granted to said company. And all such
- kali
sold. or disposed Of by said company within three
years after the entire road shall have been compile
ted, shal be subject TO settlement and preemptiOn,
like other lands, at price not exceeding dollar
and twenty-five cents per acre, to be paid to said
company.
Sec. 4. And be it further enacted, That when
ever said company shall have completed forty con-
seeutiVe miles Of any portion OF said railroad and
telegraph line, ready for the service contemplated
by this act, and supplied with all necessary drains
culverts, viaduets crossings, sdngs, bridges, turn
outs, watsrning places, depots, equipments furni-
ture, and all other appurtenances OF first class
railroad, the rails and all the other iron used in the
construction and equipments of said road to be
American manufacture of the best Quality, the Pres
ident Of the United States shall appoint three
to examine the salle Snd report to him
in relation thereto and If 1t shall appear to him
that forty consecutive miles of said railroad and
telegraph line have been completed a I'd equipped In
all respects required by this act, then, upon
tihcate Of said commissioners to thai effect patents
shall issue conveying tie right and title to said lands
to said company, on each side of the road far
the same is completed, TO the amount as aforesaid
and patents shall in ke issue each forty
miles efsaid railroad IND telegraph Cline are com
pleted upon said certificate of said commissioners.
ANY vacancies occurring in said board Of commis
si0ners By death, resignation, otherwise shall be
filled by the President Of the United States {: Pro-
vided, however, That no such commissioners shall
ha ed 6.nf TIniko6
unless there shall be presented to him statement,
verified on oath by the president Of said company,
that such forty miles have been completed, in the
manner required By this act and setting forth wit
certainty the points where such forty miles begin
and where the same end which oath shall be taken
before judge Of court of record.
Sec. 5. And be it further enacted, That for the
purposes herein mentioned the Secretary Of the
Treasury shall, upon the certificate in writing Of
said commissioners Of tho completion and equip
ment of forty consecutive miles of said railroad aRd
telegraph In accordance with the provisions Of this
act, issue to said company bonds Of the United
States Of one thousand dollars each, payable in
thirty years after date beariug six per oentum per
annum interest, said interest payable semi-annu-
ally, Whicn interest may be paid in United States
treasury notes or any othey money OF currency
which the United States have or shall declare law
full money and legal tender, to the amount Of six
Of said bonds per mile for such section of forty
miles; and to secure the repayment to the United
States, as hereinafter provided, of the amount of
said bOnds so issued and delivered To said com pany
together with all interest thereon which shall have
been paid by the United States, the issue Of said
bonds aud delivery to the com yany shall ipso faeto
constitute first mortgage on the whole line Of the
railroad and telegraph, together with the rolling
stock, fixtures, and property Of every kind and des
erlptI0n, and IN consideration Of which said bonds
may be issued and on the refusal failure Of said
company to redeem such bonds, any part of them,
when ranuirpd an t0 d0 nv the SaareCarv nf the
Treasury, in accordance with the provisions Of this
act, the said road, with all the rights funstiOns,
immunities, and appurtensnces thereuRto belong
lng and also all lands granted to the said company
by the United States, which, at the time Of said
detanlt, shall remain in the ownership Of said
pany, may be taken possession Of by the Secretary
of the Treasury, for the and benefit Of the uni
ted States Provided, This section shall not apply
to that part of any road now constructed.
See. s. And be if further enacted That the grants
ny shall pay said bonds At maturity and shall keep
said railroad and telegraph line in repair and use,
and shall at all times transmit dispatches over said
telegraph line, and transport mails, troops, and
nitiOns Of war; suppies aud public stores upon said
railroad for the gcvernmen whenever required to do
SO by any department thereof, aud the government
shall at ell times have the preferences in the Of
the same for all the purposes aforesaid At fair and
reasonable rates Of compensation not 10 exceed the
amounts paid By private parties for the saim kind
OF serVice;) and all pensati0n for services rem
dered for the government shall be applied TO the
payment Of said bonds and interest until the whole
amount is fully paid. Said company may also pay
the United States. wholly in part, in the or
other bonds treasury notes, or other evidences Of
debt sgainst the United States, to be allowed st
par and after said road is completed, until said
bonds and interest are paid, ct least Eve par CEN
tuW Of the net earnings Of said road shall also be
annual applied TO the payment thereof.
Sec. . And be it further enacted, That said COM
psny shall fie their ascent to this aot under the
seal Of said company, in the Department Of the In
terror within one year after tho passage Of this act
and shall complete said railroad and telegraph from
tho point of beginning as hereia provided, 70 the
western boundary Of Nevada Territory before the
6rst day Of July, one Thousand eight hundred and
seventy four: Provided, That within tso years af-
ter the passage of this act said company shall desig
nate the general route of said road, as may
be, and shall file map Of the ssms in the Depart
Dent Of the Interior Whereupon the Secretary Of
the Interior shall cause the lands Within 6fteen
miles Of the said designated route or routes to be
Withdrawn from pre- -emption, privase entry, and
sale and when any portion Of said route shall be
dnaly heated the Secretary Of the Interior shall
cause the said lands hseinbsfOrs granted to besRr
Veyed and set of rs fast as may necessary for the
purposes herein named Provided, That in fixing
the point Of connection of the main trunk with the
eastern connections, it shall be fixed st the must
practicable point for the eonstERetan Of the Iowa
aud MISSOURI banches, as hereinafter provided.
Sec. 5. And be il further enacted. That the line
Of said rsilrOad and telegraph shall commence at a
pcint on the one hundredth Ineridisn Of lO1gitude
west from GresnWich, between the south margin q
the valley of the Republican River aRd the north
margin Of the valley o. the Platte River, il the
Territory Of NsbFaska, at point 70 be fixed By the
President Of the United States after actual surveys
thence running westerly upon the naOss direct cen,