The St. Cloud journal. [volume] (St. Cloud, Minn.) 1866-1876, 1870-06-09

FOR Other PurpoIp.. 7
Resolved, by Tia Senate and House
Of Representatives Of the United States
Of america in Congress assembled,
That the Northern Pacific Railroad
Company be, and hereby is, authorized
to issue bonds to aid in tho construc-
ton and equipment Of its road, and to
secure tho same by mortgage on its pro-
perty and rights Of property of all
kinds and descriptions, real, personal,
and mixed, including its franchise as
. corporation, and as proof Of it's le-
gal execution and efectual delivery,
said mortgage shall be fled and record
cd in the office Of the Secretary of the
Interior and also to locate and con-
struct, under tho provisions and With
the privileges and duties provided for
in its act OF incorporation and the
amendments thereto, its main road to
some point on Puget Sound, Ella the
valley of thu Columbia River, with the
right to locate and construct its branch
from some convenient point on its main
trunk line across the Cascade Mountains
to Puget SQUAD ; aud in the event Of
there not being in any State or Territory
in which said main line or branch
may be located, at tie time of tho 6ual
location thereof, the amount of lands
per mile granted by Congress to said
company, within the limits prescribed
BY it's charter, then said company shall
be entitled, under tho direction Of the
Seoret'ry Of the Interior, to receive 81
many sections of land belonging to the
United States, aud designated by odd
numbers In SUCH State or Territory,
within ton miles on ea,h side of said
road beyond the limits prescribed in said
charter, Is will make up such def
cheney, on slid main Gse or branch, ex-
oept mineral and other lands as except
ed in tho charter of said company OF
eighteen hundred and sixty -four, to the
amount Of the lands that have been
granted, sold, reserved, occupied BY
homestead settlers, preempted, or other.
wise disposed Of subsequent to the pas.
sage Of the act Of July two, eighteen
hundred and sixty four. And that
twenty-five miles of said main line be.
tween its western terminus and CITY Of
Portland, in the State of Oregon, shall
be completed by the LIST day Of Janu.
rJi Ammo! Dominl eighteen hundred and
ssventy-two, aud forty miles of the re-
naming portion thereof each yea,
thereafter, until the whole shall be com
pleted between soid points Pooidea
That al laods hereby granted to said
company which shall not be sold or dis
posed Of or remain subject to the mort
gage by this act authorized, at the ex
piration of Eve years after the compile
ton of the entire road, shall be subjec
to settlement aud pre.emption lik'
other lands ia a price to said company
not exceeding two dollars and fifty cent
per acre, and it the mortgage hereb
authorized shall at any time be onforc
ed by foreclosure or other legal pro
ceedlng, or the mortgage lands hereb!
granted, or any Of them, be sold b. tn
trustees to whom such mortgage be exc
cuted, either at its maturity or for an
failure or default of said company un
der the terms thereof, such lands sha]
be sold at public sale, at places within
the States and Territories in wh,c
they shall be situate, after not less tina
sixty days previous notice, in singl
sections or subdivisions thereof, to tn
highest and best bidder; Provided fl,
Tier, That in the construction Of tn
said railroad, American iron or stet
only shall be used; the same to b
manufactured from American ores e1
clusively.
SEC. 2 Ind be it further r,sozre0
That Congress may at any time alter Q
amend this resolution, having due regar
to the rights of said company, and an
other parties.
The President has signed the bill