The Van Buren press., 1871-02-28

John NJ Corse, George z. Wentworth,
p II. Morgan, j. d. Cameron, Marshall
o. Roberts, Jas. L. Hooges, John Ray,
w. Vermillie, Enoch L. Pancher. Cha !,
f. Livermore, Joseph II Oglesby, John
Whylock, David Drew, +. A. Davis, w.
Orton, A. c. Babcock, Thomas A. Scott,
Samuel ID Hoffman, ii, Ramsdell, w. ii.
Jackson, X. c. Parson, Delos w. En-
mons, NJ NJ. Southworth, John H. Hall,
G.. c. Kinsey. w. p Clarke, James Dart,
III. Jacobs, l.. L. Smith, W. p. Dale, c.
A. Weed, A. p. II. Stafford, r. McCulloch,
Charles Jackson, Elisha Dyer, Alfred
Anthony, James Hay, NJ. W, Benjamin,
II. ID. Cooke, Joseph r. West, w. S.
Huntington, j. NJ. Tibbetts, c, C, Lond-
ridge, ID. ID. Porter NJ. Woodruff, Hiram
Pierce, NJ. c. Hunter, w. d. Walters, j.
b. Brownlow, Z. A. Morris, Owen Fuller,
j. H. Leslie, r. NJ Bishop, Samuel Craig
head, d. N. Stanton, August Whiting,
G.. l.. johnson, j. w. Woodland, Powell
Clayton, Samuel Tate, w. Baller, II,
Robinson, Geo. Manor, o. II. Byrum,
NJ. Byrnes, j. c. Goodloe, E. G. Bamey,
Cyrus Bussey, j. w. Tamey, J. Lock
wood, f. NJ. Davis, N. Patton, w, Flani-
gan, G. O'Brien, G. p Buel, G. H. Gid
ding, j. j. Newell, E. w. Price, r. M.
Shoemaker, Samuel Sloan, S. w. Morton.
j. w. Bowman, j. j. Kinds, G. R. Weeks,
J. L. Seeding, B. c. Gilbert, B. d. Will
Jams, Thomas, Alcott, G. A. Fosdyck,
Henry Hanes, p. S. Forbes, Jno. 5.
Spragne, L. r. Mash, A. w. Beckwith,
j. c. Stanton, Cyrus II. Baldwin, A. j.
Hamilton, Rush r. Sloane, Silas c. Cos
grove, Samuel d. Jones, N. ID. Decker,
VIM N Leet, B. J. Allen, j, B. Canes,
Augustus Kountz, John n. Goodwin,
VIM. S. Rosecrans, Michael Ham, III. &.
Yarmouth, j. S. Williams, G. NJ, Spen-
Ger, L. J Highly, W. c. Kimball, and all
such persons as shall or may be associa-
ted with them and their successors. 1t
requires the corporators to meet in New
York within ninety days from the enact
ment of the bill, open subscription books,
and organize the company when $1,000
600 stock is subscribed and $780, 900 is
paid in. The capital of the company is
limited to fifty millions, unless the Con
gress authorizes an increase, and the pur-
chase and consolidation of any existing
railroad companies on the route, with all
their franchises and land grants is au-
thorized, though forbidden with any COM
peting line to the Pacific; and the right
to purchase or accept State or individual
grants Of land for the legitimate purposes
Of the company is conceded. The right
of way four hundred feet wide through
the public lands; fifty acres of land
wherever necessary for station purposes,
together with twenty alternate sections
per mile of the public lands through the
territories, and ten sections per mile in
California, is granted to the company
with provision that the land not sold
within three years from the time Of the
completion of the entire road shall be
subject to settlement and pre- emption at
not over 50 so per acre. Construction
bonds secured by mortgage on the road,
a rolling stock and franchises, and land
bonds secured by mortgage Oh the land
grants are authorized. The construction
of the road is to be begun at both ends.
Land patents are to be issued on the COM
pleton OF every twenty miles, ana the
entire road is to be finished in ten years.
Only iron or steel rails manufactured
from American mills and American ore,
except that already purchased, is to be
used. The government is to have the
use Of the road on the same terms as pri-
yate individuals, and to have prece lencc
in its service and the Congress has the
right to fix the passenger and freight tar
ifs, though they shall not exceed those
ofthe Central and Union Pacific railroads.
Full liberty is given over companies to
connect and intersect with the Southern
Pacific, and the latter is forbidden to dis
criminate in favor Of or against any such
companies. The directors ofthe compa-
ny are forbidden all share or interest in
in contracts for the construction, equip
ment or running of the road and any
such existing contracts are annulled.