New Orleans Republican. [volume] (New Orleans, La) 1867-1878, 1872-07-23
GENERAL NArURB-No. Sal

GENERAL NATURB-No. 81.
An act supplementary to an act entitled
can act 10 incorporate the Texas Pacific
Railroad Company, and to aid in the con
struction of its road, and for other pur-
poses approved March third, eighteen
hundred and seventy. one,
Be il enacted by the Senate and House of
Representatives of the United States OF
America in Congress assembled, That the
name, style and title of the Texas Pacific
! Railroad Company shall hereafter be The
| Texas and Pacific Railway Company and
| the said Texas and Pacific Railway Com
| pany shall have, possess and enjoy all the
| rights privileges and franchises heretofore
| conferred upon the said Texas Pacific Rail
road Company.
SEC. ,. That the said the Texas and Pa
clfc Railway Company shall have power
| and authority to issue the construction and
| land bonds authorized by the eleventh sec
| uOn OF SAID act OF incorporation, for such
! amounts, not exceeding forty thousand dol
lars per mile of said road, of construction
| bonds, as sald company NAV deem needful
! to provide Tor the construction and equip
| melt of its line, and to include in the mort.
! gage or mortgages to secure said construc-
| non bonds all or any portion of the lands
| granted in aid Of the construction Of said
railroad; and in the mortgage or mortgages
! to secure said land bonds, any portion of
! OF said lands not so used to secure the CON
| structl0n bonds aforesaid; and all or any
| portion of the lands acquired by the terms
| of consolidation lawfully authorized by the
fourth section OF said act of March third,
eighteen hundred and seVenty-One. with
any railroad company or companies TO
whom grants OF land may have been made,
or may hereafter be made, by any congress
siOnal, State or Territorial authority, or who
may have purchased the same previous to
any such arrangement or consolidation, and
within the time limited for the completion
Of the road, and all such lands Of every de-
scr!ptiOn shall be subject TO all Emita-
tons and conditions now by law existing
in relation thereto, and as modified by this
act; and this act shall not be construed to
to revive, enlarge, extend or create any
land grant whatever, beyond that hereto
fore granted by Congress, and which shall
duly inuTe to said company upon compl-
aIce with the terms Of this act in relation
to the times fixed for completion Of said
railway, and all such mortgages shall be
subject to all the conditions and limitations
by law existing under this act and the acts
to which II is supplementary il respect to
such lands, and shall not be held to vest
any title in the mortgage or create any lien
on such lands, other than such company is
or may become lawfully entitled to vest or
create Hereunder; but the amount of said
land bonds shall not exceed two and half
dollars per acre for all lands covered by
the mortgage or mortgages securing the
same.
SEC. 3. That all the mortgages made and
executed by said railroad company shall be
filed and recorded in the Department of
the Interior which shall be a sufficient evil
dence OF their legal execution; provided,
that the aforesaid bonds and the author
lied capital stock or the proceeds thereof,
shall be applied only for the purpose OF
securing the construction, operation and
equipment of the contemplated railroad
line under lawful contracts with such par
ties, and on such terms and conditions as
said company may deem needtul, ana tor
the further purpose of purchase, cOnsUlda-
ton, completion, equipment and OpeTat-
ing OF the other reads, as COntcm-
plated by said act and specified therein,
being part OF the aforesaid railroad line.
and Tor the expenses necessary and incident
to the works authorized thereby; provided
however, that said road and its equipment
shall be Of the standard heretofore required
by the United States government for the
existing Pacific railway lines And provided
further, that the said mortgage or mort
cages shall in nOwise impair or affect any
lien existing on the property OF said com
pauy or companies at or before tie time Of
such consolidation.
SEC. 4. That said road shall he construct
cd OF iron or steel rails manufactured from
American ore, except such as may have
been contracted for before c0usOlida non by
any railroad company which may be pur-
chased byur consolidated with this company.
SEC. ). That the said Texas and Pacific
Railway Company shall commence the con-
structIOn Of its road at or near Marshall,
Texas, and proceed with its construction,
under the original act and this supplement,
or II pursuance OF the authority derived
from any consolidation rs aforesaid
y-p-TpTIv tT0TD ngTnt Mar
shall, and towards San Diego
in the State of California, on the line
authorized BIZ the original act, and SO prose
cute the same as to have at least one hun
dred consecutive miles OF railroad from said !
point complete and in running order within
Two years after the passage OF this act: and
SO continue TO construct each year there |
after, a sufficient number OF miles, not less
than one hundred, to secure the completion !
of the whole line, from the AFORESAID point |
on the eastern boundary Of the State of |
Texas TO the bay Of San Diego IN the State |
of California, rs aforesaid within ten years |
after the massage OF this act: and said road |
from Marshall, Texas, throughout the |
length thereof, shall be of uniform gauge; |
provided, however, that the said company |
shall commence the construction OF SAID !
road from San Diego eastward within one
year from the passage OF tins act, and con
stTuct not less than ten miles before the eX-
IlEdLlDu OI LIS EtCOuu year, anu dlltI lLt
second year. not less than twenty-five miles |
Der amman in continuous line thereafter
between San Diego and the Colorado
river until the junction is formed with the |
line from the east at the latter point or
east thereof; and upon failure to 50 com
plete it, Congress may adopt such measures
as it may deem necessary and proper 70
secure its speedy completion; and it shall
also be lawful for said company to com
IneHce and prosecute the construction OF its
line from any other point or points on its
line; but nothing in this act contained shall
be so construed as to authorize the grant OF
any additional lands or subsidy, Of any ma
tuTe or kind whatsoever, en- the part Of the
provided, that said Texas and Pacific
Railway Company shall be, and it is
hereby, authorized and required to
construct, maintain, control, and operate
a road between Marshall, Texas. and
Shreveport, Louisiana, or control and |
operate any existing road between said
points, of the same gauge as tie said Texas
and Pacific railroad; and that all
roads terminating at Shreveport shall
have the right to make the same
running connections, and shall be
the transaction of business IN CON
nection with the said Texas and Pacific
railway, as are granted to roads interscct-
ing Herewith: provided further that noth-
ing herein shall be construed a. c4&HSing
the terminus Of said Texas and Pacltc rail-
way from Marshall, as provided II the
original act,
SEC. 6. That all acts or parts Of acts in
with this supplement be and the
same are hereby repeated.
Approved May J, 1872