Semi-weekly Louisianian. [volume] (New Orleans, La.) 1871-1872, 1871-08-31
fCpNrrNuEp FROM FIRST PAGE.

49, fCoSrNuED FROM FIRST PAGE.
railway company the bonds of the
8dBAtp Of Louisiana to tho amount OF
seven thousand five hundred dollars
for each and every mile of track
81 WHICH, shall so appear to be laid
and completed; and the Governor
of the State of Louisiana is author
lied and directed to proceed
in like manner and cause to
be executed. and delivered to
said company, on such certificate
, inspection and report,a like amount
of such bonds, that is to say, seven
ty-fve hundred dollars for every
. mile of single track roadbed that
shall be SO graded and prepared for
the superstructure, and a like
amount of such bonds, that is to
say, seventy-fve hundred dollars
for every mile of track that shall be
o SO laid, until the said railway shall
. .o4be entirely finished; provided, that
: ! before any such bonds shall be SO
= executed and delivered, the said
: Arkansas and Delta Railroad Com
pany, by its president, OF other duly
q : authorized agent, shall execute and
4" s deliver to the Governor of the State
of Louisiana a mortgage having the
force and effect Of second mort
gage upon all the railroads, fran
chises, appurtenances, rolling stock
and other property and effects,
whether real or personal or whether
in possession or to be acquired, to
said Arkansas and Delta Railroad
y Company, the condition OF such
mortgage to be that said Arkansas
and Delta Railroad Company shall
pay, or cause to be paid, all of the
said bonds and the interest thereon
as the same shall become due and
payable. A
Sec. lG. Be it further enacted, etc,
That the bonds, so to be issued shall
IL. >. be coupon bonds in the name Of
the State of Louisiana, to the order
+. of the president of the Arkansas
aaiiroand Delta Railroad Company, signed
by the Governor of said State, ant
,countersigned by the Secretary o
State, Auditor of Public Accounts
, and Treasurer of the State of Lou
isiana, and under the seal of tn
of Louisiana, payable in fort.
years after the debt thereof, ant
4 bearing interest at the rate of eigh
per cent. per annnm. Said bond
shall be in the following form, t
Wifi siA s1t.a'
UNITED STATES OF AMERICA,
State of Louisiana.
EG LA 80 sis-.
$1,000. Mo-
Know all men, by these presents
!. that the State of Louisiana acknow
edges to be indebted to the pres
dent of the Arkansas and Delt
Railroad Company in the sum {
r., one thousand dollars, which gu
Q a.. the State of Louisiana promises
,r.fa pay in current money of the Unite
% States to the order of the presidel
So Of the Arkansas and Delta Railroa
..,.5 Company, in forty years from tn
date hereof, and also to pay the e!
-aaa piring coupons or interest, semi-al
a.4- nually, at eight per centum per al
mum, at the Office of the Treasure
of the State of Louisiana, and
''''' - such place in the city of New Yol
,aa., as the president of the Arkansas al
Railroad Company shall d
signate, on the first day of Janual
''7'a and July Of each year, upon Il
L delivery of the interest warrant
coupon in the margin hereof, un
the payment of the principal SUI
transferable by Endorsement I
testimony whereof, the Governor
the State of Louisiana has sign
these presents, and the Treasur
of the State, the Auditor of Pub
= Accounts and the Secretary Of Sta
have countersigned the same, al
the seal of the State is hereun
.-r.a oAe+aR i-"
~xDone at New Orleans, this -
day of -, in the year OF o
LORD one thousand eight hundr
'o"a aud sixty-nine.
.fi.''lt ia - -, Governor.
IL s-vl si %