New Orleans Republican. [volume] (New Orleans, La) 1867-1878, 1871-03-22

fund, the surplus, so much thereof Hs
shall be necessary, shall be applied to the
| payment of said second mortgage bonds
| guaranteed by the State of Louisiana, and
all arrearages thereon or in ease such sale
| shall be made under the said second mort
| gage. the sale may be made subject to said
| first mort gaze and the portion So sold shall
| be released and discharged from the said
first mortgage and the lien and operation
| thereof on the surrender by the purchaser
| to the trustee under said first mortgage o1
| first mortgage bonds to the amount OF
twelve thousand five hundred dollars, and
| the unpaid coupons thereunto appertalnlng,
! for each and every mile of said railroad so
sold, or in the payment by the purchaser to
SAID trustee of IA sum sufficient to discharge
| a like amount of first mortgage bonds and
| the coupons i'll arrear thereon.
| SEC. p. BE it further enacted, etc, That
| SAID company shall cause the survey
and location of the whole of the said main
line of its railroad within the State OF
| Louisiana to be completed within fNe
| years after ITS acceptance OF this act. here
| matter provided for. and shall cause sec
! ton OF at least five continuous miles
| thereof to be constructed. and the rails laid
| thereon, within twelve months after such
survey and location shall have been made.
and shall cause the whole OF its said main
| line of railroad within the State of Louis
| lana to be constructed ard the rails laid
| thereon within seven wears after such
vey and location shall have been made;
and in case of the failure of The said com
panv to survey. locate and construct the
said main line of railroad within the State
| OF Louisiana in the manner and within the
time limited in this section OF this act for
| such survey, location and construction, the
| obligation OF the State Ot Louisiana, by
| virtue OF tins act to guarantee the second
mortgage bonds OF said company (as in this
! act provided tori, or upon that portion OF
| the said main line of railroad not con
structcd within the time limited shall
cease and determine: and none of said sec
| ond mortgage bonds for or upon that por-
ton of SAID main line of railroad not con
structrd within the time limited, shall be
| guaranteed by tlc State of Louisiana. But
| no failure of the company to complete said
| railroad shall affect forfeit the rights of
SAID company to MAINTAIN and ENJOY such
| portions of its railroad as il shall have
Completed, nor any other rights or fran
| chiSes secured to said company under its
,harter or 10y the laws of the State of Louis
/ lana or OF any other State relating thereto.
Sc. GS. BE it further enacted, etc, That
whereas the line OF the railroad of said
company. as intended to he constructed.
| will extend through several States ii Is
| hereby declared that the ears and engines
and all personal property which said com
| panv NAV acquire, shall. for the purposes
| of this act. and Tor all mortgage purposes
| be deemed part of the realty, and be APP
| portioncd according to the number OF miles
! OF railroad constructed and owned by the
| company i'll each State. so that the number
! of cars ginrs. and amount Of personal
property which shall be deemed to belong
to the portion of tue companvs railroad
! constructed and lying within the limits of
| either OF said States shall ut all times bear
! the same proportion to the whole number of
ears. en- ines. and whole amount OF personal
| property owned by the company which the
| number OF miles OF railroad OF lie company
constructed and lying within such States
| ehall bear to the aggregate number OF miles
| of the railroad OF the company constructed
! in all of said States
SEC 20. Be it further enacted. etc. That
! the said company, with the consent of the
owner of land fronting upon any navigabie
water course. or after such bonds have been
acquired by the company 10y purchase, re-
/ lease, donation. or i'll any other manner, IN
accordance with the laws of the State OF
Louisiana. may erect. construct, and thu re-
after maintain and use wharvcs. ware
/ houses. dcpotS and other buildings and
structures in and upon the margins. or
upon the portions of the margins reserved
to public ll>c OF any and all naViTablc
| riNrIS. baVouS or water courses III the State
of Louisiana. whenever the same may he
deemed by il majority of the directors OF
the company ssarv and requisite for
the legitimate and convene n tran>a, ton
of the business OF the company. And with
i'll the limits of Incorporated cities or towns
the mayor and "A majority OF the council OF
such city or town may authorize the con
Struction of said wharvcs. warehouses. de
pots other buildings and structures III
front OF all public squares or streets that
may be bounded by such navigahlt water
courses. And be il further enacted. That
| the officers. agents and servants OF sad
company be and they are hereby exempted
from jury duty. except i'll case OF in>urrcc-
tion or invasion. And be il further enacted.
That the SiIld company, Tor the purpose OF
connecting its railroad with the railroad of
any other company, and with mines and
manufacturers within the State of Louis
lana. is hereby authorized aud empowered
to extend its main line of railroad so rs to
connect with any railroad being now con
structcd nearest Its southern terminus as
II may find necessary and expcdent. to own
and use. and all The powers. privileges.
grants and franchises which have been
heretofore granted to said company. and
all the powers. privileges, grants and
franchises which are by this act granted
to said company for the construction
and maintenance Of its main line
OF railroad within the State of Louisiana,
shall he and are hereby made applicable to
this act such extension shall be deemed and
taken to form a part of the said main line
of said railroad within the State of Lollisi-
ana i'll this act dcSi grated and referred 10.
SEC. 30. Be it further enacted. etc. That
no distinction or discrimination shall be
made 10y the Alexandria. Homer and Fulton
Railroad olnptny on account OF race, color
or previous condition between the persons
employed III the construction and maiutr-
nance Of their railroad. Or between pa>~cn-
gcIs either i'll their railway carriages i'll the
depot buildings. or upon their ferry boats
within this State.
SEC. 81. Be 1t further enacted, etc. That
this act shall take effect from and after its
passage.
(Signr,i) GEO. w. CARTER.
Speaker Of the House OF Representatives
(Signcd) OSCAR j. DUNN.
Lieutenant Governor and President ~. the
Senate
Approved March 3. 1871.
(Signcd) II &. WARMOTH,
Governor of the State OF Louisiana.
y true copy:
GEO. +. BovEE,
Secretary of State.
AN ACT
To charter the Upper Red River Raft Com