New-York tribune. [volume] (New York [N.Y.]) 1866-1924, 1871-02-22

lands within forty miles each side OF said desgnaiai
route route within the Territories, and twenty miles within
the state Of California 10 he Withdrawn from preGmp
ton. private entry, and sale.
SIC. 13. And be further snocted That the Prr.eep,
OF the Company shall annually make report ard NE II
with the secretary Of the Interior which report she ne
under oath exhibiting the financial .tuA'on Of the com
the number ~ miles OF road constructed each year
sEc. H. Apdb fUrther enaeted. That the cerifcae.
Secretary and attestd by The sO ~ the Company And
shall contain extract from the proceedings OF he
Board Of Directors. Axng the amount ihor eOf ~ well
from this act authorizing such issue. All Tie bond.
aud mortgages Issued by said Company must ne
tested by the seal Of said Company. an. .lall con
tain extract from the law authorizing them Nv le
gold and shall be redecmahc ut such TIMES and Ia he,r
such rate Of interest, payable semiannudiy in gold A.
may be determined by the Directors The total yalrc o,
the construction bonds 10 be issued shall not exceed
$4,000 per mile Of said railway; and The total face yaue
Of the land bonds shall not exceed " 80 per Tor
lands mOrtgaged the total amount ~ each 10 b. deter
mined ny the Board Of Directors.
SIC. IS. Aid be IL frther cndctrd Irlt oil railroad.
constructed that may be hereafter c9nstrCted IN
tersect said south Pacific Railway shan have right 10
connect with that line; that no discriminating regards
charges for freight or passeSc OF III S{ OAer natter
shall be made by said South Pacific ldnway C0mDsnY
against any Of said connecting roads Dnt that the
charges per mile as to passengers ana PER nn Per mile
10 freight passing from the said South Iartc Railway
any Of said connecting roads, or passing RON any
Of said connecting roads over any pat 81 "did south
Pacific Railway, shall he made by said Company As
they make for freight and passengers over their
ing roads shall reclproatee said right Of con.
nection and equality Of charge. with said SOaih
Pacific Railway: And prODided fuTther, That tire
charged for carry ing passengers and freight per
mile shall not exceed the prices which may be yrdby
Congress for carrying passengers and freight on tho
Union Pacific and Central Pacific Railroads.
SEC. 16. and be Crther cHactd That said road shan
be constructed VI iron or steel rails manufactured from
American ore except such a. may have heretofore hcen
contracted Tor by any railroad COMPANY which may 30
incorporated as provided In thir act.
SEC II and be FURTHER Enacted, That The aid South
Pacific Railway Company shall commence the constrgc
"A simultaneously
OF California. ana from point ~ or near harshtG.
Texas hcreinbefOre described, and prosecute ne
have at least 90 consecutive miles OF railway
from each Of said points complete and In running oner
within two years after the passage OF this act and
continue to construct each year thereafter sufficient
number Of miles to secure the completion Of the Who
line from the aforesaid point on the eastern boundary u
the state OF Texas o the bay Of Diego in the stat,
OF California, az aforesaid, within ten years after tho
passage Of this act and upon failure CONFLICT n
Congress may adopt such measures az it mas deem,
necessary and proper TO secure lie speedy completion.
of the United states upon the completion OF tho fr,t
section of 20 miles, shall appoint Commissioner
vho.o duty n shall be To examine the vlrou, tIo a!
90 miles a. they shall he completed and report theron
tO him writing; and IT, from such report, be Dee -at-
fed that said company has tuy compcied each section
Of it, road, in this at provided, ie shall the
secretary Of the Interior 10 issue patents said m
pany for the lands It Is entitled 10 under tina act
! IA each section Of said rOad Is completed.
SEC. 10. All be ii further enGeted, That the South
Pacific Railway Company shall be- ana It l. hereby lie
clared t. be- military post road and for purpose Oi
| insuring the carrying the mails troops munitions ~
war supplies and stores Of the United states 40 act u
4
impede, delay, or prevent the said company from per
forming Its obligations Ia the United states IN that
gard: PrOrided That said road shall be subject 70 ths
use OF the United states for postal military, and 81
other governmental services, at fair and reasonable
rates 81 compensation, not u exceed the price paid Dy
private parties for the kind ~ ~ vice; and the
Government shall a all times have the preference IN tho
| Use of the same for the purpose Aforesaid
SEC 20 ind be IL further eHdcsd, That II SHAH not Ia
lawful Tor any the directors either IN their individual
capacity or a. members Of Incorporated or Joint stock
company make any contracts or agreements with the
said south Pacific Railway Company for the construction
equipment or running OF its road or 10 have any interest
therein and all such contracts ana ecnent are hereby
declared null and void and all money CT property re
ccyed such contracts or agreement, may be re-
covered back for the benefit OF the Company BY any
| stakeholder.
SEC D. and be IL JtTther enacted That any railroad
company whose route lies across the route of the South
Pacific Railway may the same, and for the pipr
crossing shall have the right to acquire, Al inc doHs'
minimum price, al lands whether Of fhe United ctr'
granted BY TINS which shall be needed Tor rgh
of way 700 feet WIdC through said lands AKA Tor dep)
stations sde-tracs ard other necdiu purposes not "a
coediug for such purposes 40 acres ~ any ono station
SEC. - and be IL flUtter eHGctcd That congress ma
at any time alter amend tins ac', having "uc ISA
to the rights of the railroad companies bcfci1 haued Al
all other parties In interest. . d, ,
SIC 2 AHd be IL JUThcr eHGcfef, That shIs dcJ 'Hti
in iOrCo from and after IL, passage.