The Albany register. [volume] (Albany, Or.) 1868-18??, 1872-07-19

Re il mocffd by the Senate nnd Heuw
ef Representatives. Of the United States Of
dmericd u Congress assembled,
That the name, style, aud title Of lie 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
i conferred upon the said Texas Pacific Railroad
Company.
SFC. 2. That the said The Texas and Pacific
Railway Company shall have power and au-
thority to Issue the construction and lard
bonds authorized by the eleventh section Of
saii act oil lncorpt ration, for such amounts,
not exceeding forty thousand dollars per
mile of said road, Of construction bonds, as
said company may deem ncedfuIto provide for
the construction and equipments Of its line,
and to include in the mortgage or mortsagpsto
secure said construction bonds all or any poI-
| tion of the lands granted in aid of the cOil-
strlc,ion of said railroads and in the mort
gage or mortgages Of sail land bonds. any
portion of sail lands not 70 used to secure the
construction 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 Meyenty-onc with any
! railroad company r~cOmpali les 10 Nhrm
! grants Of land may have been made, or may
/ hereafter lie made, by any congressional.
Siate, or Territorial authority, or who may
have purchased the same previous TO any
4 such arrangement or consolidation, andWith-
iii the time limited for the completion Of the
road, and all such lands of every description
/ shall he subject to all limitations and c0nd-
lions now by law existing in rela ion thereto,
and as nf0diled by this act, and this a;t shall
not be construcdto revive, enlarge, extend or
create any land grant whatever, beyond that
heretofore granted by Congress, and which
shall duly inure to said company upon COM
plance with the terms of this aJt In relation to
The times fixed for completion Of said rail-
way, and all such mortgages shall be subject
to all the conditions and limitations BY law
existing under this act and the acts to wliiohil
is supplementary in 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 nay become
lawfully entitled to vest or create hereunder;
but The amount of laid land bGnls shall net
eA5eed two and a half dollars per acre for all
lands covered by ihe mortgage or mortgages
securing the same.
SEC, 8. That all The mortgages made and eN-
ecuted by said railroad company shall be fled
aud recorded In the department Of the lnteri-
or, which shall he sufficient evidence OF their
legal execution: Provided, That the aforesaid
bonds and the authorized capital stock, or the
proceeds thereof shall be applied only for the
purpose of securing tho constl notion, opera
lion, aud equipment Of he contemplated rail
road line, under lawful contracts with such
parties, and on such terms and conditions as
said company may deem neeisu., and for the
further purpose Of purchase, consolidation,
completion, equipment, and operating Of the
other roads, as contemplated by said net and
.ifiuI fbprIn baipn n nf I'm "a afnri,sniI
railroad line, and for the expenses necessary
and incident to the W, rks authorized thereby:
Provided, however, That salt road and It's
equipments shall be of the lard heretofore
required by the United States government
for lheieXisting Pacific railway lines: AMI
provided further, That said NOR, gage or mort
cages shall In nowisc imlair or aiiett amy lien
existing on the property Of said conn any or
companies a. or before the time OF such con-
solidaton.
SEB. 4. That said road shall be constructed
Of iron or steel rails manufactured from
American ore, except such as may have been
contracted for before consolidation by atty
railroad company which NAV be purchased by
or consolidated with this company.
SIC. s. That the sail Texas and Pacific
Railway Company shall commence tho con-
strgciion fits road at or near Marshall. Tex.
as, and proceed with its construct ", under
tuN VilRlhtbi NGt hUu iHlo ouIipiClHtNit, VI Ill
pursuance of the authority derived from any
consolidation us aforesaid, westerly from a
point near Marshall, and towards says Dteg0
IN the State OF California, on the line author
lied by the original act, and so prosecute The
same as TO have at least one hundred conSect,-
tive miles Of raiiro1d from said point cont
plete and in running order within two years
after the passage of this act and so continue
10 construct, each year thereafter, q sufficient
to secure the completion of the whole line,
from the aforesaid point on the eastern bound
airy Of the State Of Texas to the bay OF San Di-
ego, in tho State of California, as aforesaid,
within ten years after the passage OF this act
and said road from Marshall, Texas, through.
out the length thereof, shall be Of uniform
gauge : Provided however, That the said COM
lany shall commence the construction Of said
road from San Diego eas ward within one
year from the passage Of this act, and CON
strtct not less than ten miles before the eXm-
ration of second year, and, after the second
year, not less than twenty-five miles per au-
mum in continuous line thereafter between San
Diego and the Colorado river until the june
tion is formed with the line from the east ut
the latter point or east thereof; and upon fail-
ure to so complete it, Congress may adopt such
measures as 1t may deem necessary and proper
to secnre its speedy completion and II also
snail he lawful Tor SahlTomIuny 10 commence
and prosecute the construction of its line from !
any other point or points on its line but moth. |
ing In this act contained shall be so construed
asto authorize thegrant ofany additional lands |
or subsidy, OF fany nature or kind whatsoever,
on the part Of the government of the United |
States: Provided, That said Texas and Paci-
fc Railway Company shall be, and 1t is here
by, authorized and required to construct,
maintain, control, and operate q road between
Marshall, Texas, and Shreveport, Louisiana,
or control and operate any existing road be-
tween said points, of the same gauge rs the
said Texas and Pacific railroad: and that all
roads terminating at Shreveport shall have the
right to make the same running connections,
and shall he entitled to the same privileges,
for the transaction of business In connection
with the said Texas and Pacific railway, as are
granted to roads interesting thu rewith: Pro-
viled further, That nothing herein shall be
construed as changing the terminus Of said
Texas aud Pacific railway from Marshall as
provided in the original act
SEC. 6. That all acts or parts Of acts incOn-
sIstent with this supplement be, and the same
are hereby, repealed
Approved, May 9, 1877,