Smyrna times., 1871-06-28
TPUBlIc REsoLuTIoN-No. AL
WASnINGroN, October 5, 1870.

Resolution authorizing the Northern Pacific Rail-
load Company to issue its bonds for the construc
ton OF ITS road and to secure the same by mort
gage, and for other purposes.
Resolved by the Senate and House Of Representa-.
tives of the United States Of America in Congress
assembled That the Notthern Pacific Railroad
Company be, AMI hereby is authorized 10 issue its
bonds to aid In the construction and equipment of
It's road, and to secure the by mortgage on its
property and rights of property of all kinds and de-
scrlpllons' reaI PERSONAL and mixed, including It's
franchise as corporation: and proof and notice
OF It's legal execution and effectual delivery, said
mortgage shall he tiled and recorded in the office OF
the Secretary of the Interior and also to locate
and construct, under the provisions and with the
privileges, grants, and duties provided for in It's act
0t Incorporation, its main rad TO point Oh
Puget Sound, via the valley of the Columbia River,
with the right to locate aud cOnItruct lis branch
from some CONVENIENT point on it's main Trunk line
across the Cascade Mountains to Puget Sound; and
III the event OF there not being in any State or Ter
rltory In which said main line or branch may be To-
Gated, at the time Of the final 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, uncer
the directions of the Secretary Of the. Interior, TO
receive so many sections of land belonging u the
United States, and designated by id numbers In
such State or Territory, within ten miles on each
side OF said road beyond the limits prescribed IN
SAID charter, as will make up such deficiency, on
said main line or branch. except mineral and other
lands excepted in the charter of said company of
eighteen hundred and sixty y-our, to the amount OF
the lands that have been granted Sold reserved,
cuped by homestead settlers, pIe-emptcd, or other
Wise disposed OF subsequent tn the passage 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 the city of Portland,
in the State of Oregon, shall be completed by the
hrst day OF January, ammo Dcmini, eighteen hun
dred aud sevcnty.two, and forty miles of the re-
naming portion thereof each year thereafter, until
the whole shall be completed between said points (;
Provided, That all lands hereby granted to said
company. which shall not be sold or disposed Of or
remain subject to the mortgage by this act author
lzed, at the expiration of five years after the COM
pletOn OF the entire road shall be subject to settle
ment and pre-empton like other lands at a price to
be paid TO said company not exseeding two dollars
and hty cents per acre; and if the mortgage here
! by authorized shall at any time be enforced by fore
closure or other legal proceeding, the mOrtgagcd
lands hereby granted, any Of them be sold by the
! trustees To whom such mortgage may be executed,
either at It's maturity for any failure default of
said company under the terms thereof, such lands
shall be sold at public sale, at places within the
States and Territories in which they shall be situate,
after not less than sixty days prcvions notice, in
single sections subdivisions thereof to the highest
and best bidder: Provided further, That in the
structlon Of the said railroad, American iron or
steel only shall be used the to be manufactured
! from American exclusively.
Sec. 2. And be il further resolved, That Congress
may at any time alter or amend this Joint resolution,
having due regard to the rights of said company.
and other parties.
Approved May 81, 1870.