The Weekly Arizonian., 1870-06-25
TUCSON, 4. T.. SATURDAY. JUNE 25, 187

lands, designat old numbers nearest 11
 said road. the saIourt of ten such alternate
 sections per mia on each side thereof not
 otherwise d'sF ossa of or reserved or held bv
 vall1 Pre~smptleA or homestead right at the tune ot inc pass Q of this act. And in case the quantity of ten iall sections per mile cam
 not be found on eath said road, within the
 sad limits of tw2niy miles, other lands desie 4
 mated as a!ores;-iG shall be selected under the
 direction ot the See 9tary of the Interior on
 either side of any part of said road nearest to and cot mo,a tler twenty five miles from
 the track of said ro to make up such de6-
 ciency.
 1 SEC. ?. Aad Jl'.s t1gther enacted, That the Commissioner ofth General Land Office shall
 caGse the lands along the line of the said
 railroad to be surveyed with all convenient 1 speed. And when ever and as often as the said company shall fe with the Secretary of
 the Interior maps of.the survey and location Of twenty or more miles of said road, the sad Secretary shall cause the said granted lands adjacent to and c0erminous with such located
 sections of road 10 be segregated from the pcblIc lands; and thereafter the remaining public lands subject to sale within tAe limits of the said grant, shall be disposed of only
 to actual settlers at double the minimum price f1r such landa: And proUjded also, That settlers under the prov isions of the homestead
 act who comply with the terms and require
 ments of said act, shall be entitled, within the said limits of twenty miles, to patents for an amount not exceeding eighty acres each of the said uagranted lands, anything in this act to the contrary notwithstanding,
 SEQ 8 And De is enacted, That whenever
 and as often as the said company shall come plete and equip twenty or more consecutive miles of the said railroad and telegraph, the Secretary of the Interior shall cause the same to be examined, at the expense of the company. by three commissioners appointed by him; and If they shall report that such completed sec is frat class railroad and telegraph, properly equipped and ready for use, he shall cause patents 10 be Issued to the company for so much Of the said granted lands as shall be ad- jacent 10 and cotermjnOus with the said com Pl:cted [compIeted sections.
 SEC. 1 And be it further enacted, That the said alternate sections of land granted by this act excepting only such as are necessary for the company to reserve for depots, stations side tracks wood yards, standing ground, and other needfui use5 ill operating the road, shall be sod by the company only to actual settlers, iu quantities not exceeding one hundred and sixty acres or a quarter section to any ono settler, and at prices not exceeding tw dol lars and fifty cents per acre
 SEC. D. And be it further enacted, That the said company shall by mortgage or deed Of trust to two Or more trustees, appropria te and Set apart all the net proceeds of the sales of the said granted lands, as king fund, to be kept invested in the bonds of the United States, or other safe and more pro- ductIve securities, for the purchase from tims to time, and the redempt ol at maturity, oftne first mortgage construction bonds of the com- pany on the road depOts, stations, side tracks, and wood yards not exceeding thirty thousand dollars per mile of road, payable in gold coin not longer than thirty years from date, with interest payable semi annually in coin not ex- ceedng the rate of seven per ceGtum per annum; and no part of the principal or in terest of the said fund shall be applied to any other use until all the said bonds shall have been purchased or redeemed and canselIed; and each of the said first mortgage bonds sha Il bear the certificate of the trustees, setting forth the manner in which the same Is secured and it's payment provided for. And the district court ofthe United States, concursntly wittbe State courts, shall have original jurisdiction, subject 10 appeal and writ of error, to enforce the provisions of this section.
 SEC 6, And be il further enacted, That the said company shall file with the Secretary of the Interior its assent to this act within one year from the time of it's passage; and the | foregoing grant is upon condition that said | shall complete a section of twenty or more miles of said railroad and telegraph | within two years, and the entire railroad and telegraph within six years, from the same date. ! nnroved Mav4 1870