New Orleans Republican. [volume] (New Orleans, La) 1867-1878, 1872-08-25

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,
she'll 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 OF 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 for the same term OF
years as has already been granted in this
act, 10 wit the term of thirty years.
SEC. g. 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
said comDany agrees to pay into the treas
uTy Of thd Charity Hospital al Shreveport
the sum Of one hundred dollars, to be paid
within fifteen days from January l in each
year, for each and every year during its
term of incorporation.
SEC. 10. Be it further enacted. etc, That
this company shall have the right by its
agents, surveyors, engineers and employees,
to enter upon all lands and tenements
through which it may conclude to make
such road, and survey as hereinbefOre pro
vided, and lay out and construct the same.
That when such road, way or route shall
run through any lands belonging to the
State Of Louisiana, the said company shall
have the right of way, and the land where
On the said COmpaDy's road shall be con-
structed and for the distance Of eighty rods
on each side Of said road, if such lands are
the property Of the State of Louisiana, shall
be and are hereby granted to said company
tor their use and benefit to aid in the CON
stIuctiOn and maintenance Of said road.
SEC. II. BE it further enacted, etc, That
any parish city, town or Incorporated vii
lage in this State, be and is hereby authOr-
lied to aid said company in the cOnstTuc-
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
ont the provisions of this act, the police
juries 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 to aid
in the construction of the aforesaid bridge
or road, or either Of them, by a 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 or
ten years bonds, bearing interest at a rate
not exceeding ten per cent per annum, with
coupons attached, in favor of said bridge
and road company, and such issue of bonds
10y any such parish, city or incorporated
town, when signed 10y the proper officers Of
such parish, city or town, as hereinbetore
specified, shall be good and lawful, and
shall not require any other special act, Of
the Legislature to permit the same to be
made.
SEC. -. Be it further enacted, etc, That
the board Of directors of said company shall
have the right to sell or dispose of any of
the capital stock Of said company not al
ready issued at the time to any person, com
panF, corporation, or other party, on such
terms as they may deem best, and TO receive
in payment therefor money, bonds Of any
Incorporation, materials, or other thing, aud
at such prices or rates as they may deem to
the interests Of this company.
SEC %. Be it.further enacted, etc, That
this act shall take effect from and after its
passage.
(Signed) O. II. BREWSTER,
Speaker OF the House OF Representatives.
iSigned) Z. 3. 5. PINCHBACK,
Lieutenant Governor and President OF the
Approved August IS. 1872.
lSlgned) II. {. WARMOTH,
Governor Of the State OF Louisiana.
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