New Orleans Republican. [volume] (New Orleans, La) 1867-1878, 1872-12-06

in the office OF the recorder OF mortgages
for Caddo parish and shall not be required
to be reinscribed to keep it in force and eff
feet; and said board of directors shall have
the right to receive any donation or gratu-
ity that may be given to said company, or
any other aid thereto on any such terms as
may be agreed on between them and other
parties.
SEC. 8. Be it further enacted, etc. That
to the same company are hereby granted
the exclusive right and privilege to build,
construct, establish and maintain plank,
shell or railroad from the terminus Of said
bridge on the eastern bank of Red river to
and across the Red Chute in BOssier parish,
and to the hills or high lands by such route
as shall be deemed most advantageous by
the directors of said company, and that the
same company shall be allowed and are
hereby empowered to charge and collect,
for passing over said road, tolls at such
rates as the directors shall prescribe; and
the same right and privileges granted by
this section shall be tor the same term OF
years as has already been granted IN this
act, to wit: the term of thirty years.
SEC. 9. Be it further enacted, etc, That
the property of the said bridge and road
company shall be exempt from State and
municipal taxation for the full period of its
charter, and in consideration therefor the
s@d c0mNany agrees to pay into the treas
ury Of thd Charity Hospital at Shreveport
the sem OF one hundred dollars, to be paid
within tifteen avs from January l in each
year, for each aid every year during its
term of incorporation.
SEC. TO-. Be it furtlar enacted. etc. That
this company shall haze the right by its
agents, surveyors, engine, re- and emDl6ves,
to enter upon all lands and +pnaments
through which it may c0nc,Ide to make
such road, and survey as here. before nro-
vided, and lay out and construct he same,
That when such road, way or rou@ shall
run through any lands belonging t. the
State of Louisiana, the said company all
have the right of way, and the land WheI.
on the said COmpanys road shall be con
structed and for the distance OF eighty rods
on each side Of said road, II such lands are
the property Of the State OF Louisiana, shall
be and are hereby granted to said company
for their use and benefit to AID IN the con-
struction and maintenance OF said road.
SEC il, Be it further enacted, etc, That
| any parish, city, town or Incorporated VII
| LACE in this State, be and is hereby anthor-
| lied to aid said company IN the cOnstruG-
| ton of its bridge and road, or either OF
| them, by contributions, or by subscribing
| for its stock, or by purchasing its bonds, or
| by issuing the bonds or warrants OF SAID
! parish, city or town in favor of said com
! pany: and that for the purposes of carrying
| iuries of the several parishes shall repre-
| sent the same parishes respectively, and
| the MAYOR and council, or board OF select
| men. or board of aldermen shall represent
| the said cities. towns or incorporated vii
| lagos. And it shall be lawful at any time
or times for any parish, city or town 10 ald
| in the construction OF the aforesaid bridge
| or road, or either of them, by voluntary
| contribution or gratuitOus donation OF real
or personal property, money or other effects
| belonging TO such parish. city or town; and
| any parish, city or Incorporated town IN the
| State is hereby authorized to issue five OF
| ten wears bonds, bearing interest at a. rate
not exceeding ten per cent per annum, VIII
coupons attached in favor OF said bridge
| and road company, and such issue OF Don'tt
| by any such parish, city or incorporated
town, when signed by the proper officers o
such parish, city or town, as herelnbetort
| specified shall be good and lawful, anC
shall not require any other special act o
the Legislature to permit the same to bt
made.
SEC. u Be it further enacted, etc, Tha'
the board of directors of said company shall
have the right to sell or dispose Of any o
the capital stock of said company not al
ready issued at the time to any person, com
! pany, cOrporation. or other party, on sucl
terms as they may deem best. and to receive
in payment therefor money, bonds OF an
incorporation, materials, or other thing, ant
at such prices or rates as they may deem t.
the interests of this company.
SEC. Is. Be it further enacted, etc, Tha
this act shall take effect from and after 1T
passage, .,-,-,.r,.,,,r,r,
(Slgneo. T. IL. BREWSTER.
Speaker Of the House of Representatives.
(Signed) P. b. S. PINCHBACh,
Lieutenant Governor and President OF tn
! Senate.
/ Approved August IS, 1872.
lSignedy H c. WARMOTH,
Governor Of the State of Louisiana.
a true copy:
/. 4. WOODWARD,
Assistant SecretarT of State