Daily intelligencer. [volume] (Wheeling, Va. [W. Va.]) 1859-1865, 1864-09-13

States, and of even tenor and date, time
of maturity, rate and character of interest,
with the bonds authorized to be issued to
said railroad companies respectively. And
the lien of the United States bonds shall
be subordinate to that of the bonds of any
or either of said companies hereby author
lied to be issued on their respective
roads, property, and equipments, except
as to the provisions of the sixth section OF
the act to which this act is an amend
ment, relating to the transmission OF des-
patches and the transportation OF mails;
troops, munitions of war, supplies and
public stores for the Government OF the
United States. And said section Is turth-
er amended by striking out the word
forty" and inserting in lieu thereof the
words son each and every section of not
less than twenty"
SEC IL. And be it further enacted, That
if any of the railroad companies entitled
to bonds of the United States, or to issue
their first mortgage b0nds;herein provided
for, has, at the time of the approval OF
this act, issued or shall thereafter issue
any of its own bonds or securities in such
form and manner as in law or equity to
entitle the same to priority or preference
of payment to the said guaranteed bonds,
or said first mortgage bonds, the amount
of such corporate bonds outstanding and
unsatished or uncancelled shall be de-
Quoted from the amount of such Govern
ment and first mortgage bonds which the
company may be entitled to receive and
issue: and such an amount only of such
Government bonds and such first mortgage
bonds shall be granted or permitted as,
added to such outstanding, unsatished or
uncancelled bonds of the company, shall
make up the whole amount per mile to
which the company would otherwise have
been entitled. And provided, further,
That before any bonds shall be so given
by the United States, the company claim
ing them shall present to the Secretary OF
the Treasury an affidavit of the President
and Secretary of the company, to be
sworn to before the judge of a court OF
record, setting forth whether said COM
pany has issued any such bonds or securi-
ties, and, if so, particularly describing the
same, and such other evidence as the
Secretary may require, so as to enable
him to make the deduction herein re
quired and such affidavit shall then be
filed and deposited in the office of the
Secretary of the Interior. And any person
swearing falsely to any such affidavit shall
be deemed guilty of perjury, and on
conviction thereof shall be punished as
aforesaid Provided, also, That no land
granted by this act shall be conveyed to
any party or parties, and no bonds shall
be issued to any company or companies,
party or parties, on account of any road
or part thereof made prior to the passage
of the act to which this act is an amend
ment, or made subsequent thereto under
the provisions of any act or acts other
than this act and the act amended by this
act.
SEC. u. And be it further enacted, That
the Leavenworth, Pawnee, and Western
Union Pacific Railroad Company, eastern
division, shall build the railroad from the
mouth of Kansas river, by the way OF
Leavenworth, or, if that be not deemed
the best route, then the said company
shall, within two years, build a railroad
from the city of Leavenworth to unite
with the main stem at or near the city of
Lawrence but to aid in the construction
of said branch the said company shall not
be entitled to any bonds. And if the
Union Pacific Railroad Company shall
not be proceeding in good faith to build
the said railroad through the Territories
when the LeavenwOrth, Pawnee, and
Western Railroad Company, now known
as the Union Pacific Railroad Company,
eastern division, shall have completed
AlGlE lOdA W luG luLuIGlll 1GEIGC vi
longitude, then the last named company
may proceed to make said road westward
until it meets and connects with the
Central Pacific Railroad Company on the
same line. And the said railroad from
the mouth of Kansas river to the one
hundredth meridian of longitude shall be
made by the way of Lawrence and Topeka,
or on the bank of the Kansas river opposite
said towns: Provided, That no bonds
shall be issued or land certified by the
United States to any person or company,
for the construction of any part of the
main trunk line of said railroad west OF
the one hundredth meridian of longitude
and east of the Rocky Mountains, until
said road shall be completed from or near
Omaha, on the Missouri river, to the said
one hundredth meridian of longitude.
SEC. 10. And be it further enacted, That
at and after the next election of directors,
the number of directors to be elected by
the stockholders shall be fifteen; and the
number of directors to be appointed by
the President shall be FIVE and the Pres
ident shall appoint three additional di.
rectors to serve until the next regular
election, and thereafter five directors.
At least one of the said Government di.
rectors shall be placed on each of the
standing committees of said company, and
at least one on every special committee
that may be appointed. The Govern
ment directors shall, from time to time,
report to the Secretary of the Interior, in
answer to any inquiries he may make of
them, touching the condition, manage
ment, and progress of the work, and shall
communicate to the Secretary of the In
terror, at any time; such information as
should be in the possession of the Depart
ment. They shall, as often as may be
necessary to a full knowledge of the cor
dition and management of the line, visit
all portions of the line of road, whether
built or surveyed; and while absent from