The Portland daily press. [volume] (Portland, Me.) 1862-1921, 1868-02-04

THE =. & O. RAILROAD BrLL.-We repub-
fish below corrected copy of the "act addi-
tionai to an act Incorporating the Portland
and Ogdensburg Railroad Company" now be-
fore the House of Representatives at Augusta
SECTION 1. The Por land and Ogdensburg
Railroad Company may consolidate the man
agement of or enter into and execute a con-
tract with the Portland, White Mountains and
Ogden burg Railroad, in the State of New
Hampshire; the Essex County Railroad Com
pany, the Montpelier and st. Johnsbury Rail
road Company, the Vermont Central Railroad
Company, the Vermont and Canada Railroad
Company, and the Lamoille Valley Railroad
Company, in the State of Vermont; and with
any other railroad company or companies now
incorporated, or which may hereafter be in
corporated within the States of Maine, New
Hampshire, Vermont Snd New York, between
Portland in the Stae of Maine, running
no thwesterly towards Niagara river in the
State of New York. or with any of the roads
hereinbefore mentioned, for the maintenance
working and management of the railroad or
railroads of any of said companies for such ne
riod of time and on such terms and conditions
as may be agreed upon by the parties entering
into such contract contracts. And said
Portland and Ogdensburg Railroad Company
may purchase any or all of said railroads, or
take lease or leases of any one or more of
them, on such time and on such terms and
conditions as may be agreed upon by the par
leases. And the said Portland and Ogdens-
burg Railroad Company in order to carry into
effect any contract purchase or lease that it
may become a party to under the above au-
tbority, may issue its bonds or other securi-
ties or guaranty the payment of the bonds or
other securities of such railroad company or
companies as it NAV contract with, make pur-
chase of or lease under the authority herein
contained, and may secure such contracts,
bonds and guarantees by mortgage of its road
beds, rolling stock, franchises, rights and
properties, or sueh parts OF them as may be
deemed exVe tient.
SEC. ?. The city of Portland is authorized
in lieu OF that portion of the loan of its credit
o,ei BY said city TO the Portland and Ogdens-
burg Railroad Company on the thirtieth day
Of April in the year of our Lord one thousand
eight hundred and sixty-seven, at any legal
meeting of tile voters thereof duly notified to
be holden for that purpose, by two-thirds
vote of those present and voting, to raise by
tax or loan such sum OF money as shall be
deemed expedient, not exceeding hive per cent.
OF the valuation of said city as made by the
assessors thereof for the year in which said
meeting shall be held, and may appropriate
lne same to aid in the construction OF the rail-
road OF said Portland and Ogdensburg Rail-
road Company in such manner as they shall
deem proper.
SEC. .. whenever the city of Portland shall
hold STOCK IN the Portland and Ogdensburg
Railroad Company, the mayor and aldermen
are authorized to vote thereon at all meetings
of said corporation, or may by vote appoint an
agent tor that purpose.
SEC, 4. Said Portland aud Ocdensburo Rail.
read Company may contract with any railroad
termin mating in Portland for the purchase. or
use and occupation OF so much of its track,
grounds or station houses as shall be necessa-
ry for the convenient transaction ofits business
in Portland or may unite with such road or
roads in the construction OF other buildings or
for that purpose