The Superior times. [volume] (Superior, Wis.) 1870-1912, 1874-03-28

the west end OF Lake Superior ana
to Bayfield, and all moneys that
may hereafter be collected by the
state from trespassers on said lands,
shall be apportioned by the state
treasurer between the said Chicago
81 Northern Pacific Air Line Rail
way Company and the company or
companies to whom the residue Of
said land shall be granted, IN pro-
portion to the number Of acres
granted to each, and upon the pres
entatiou to the state treasurer of
satisfactory proof that the said Chi
cage and Northern Pacific Air Lii e
Railway Company has completed
twenty miles of its railway between
said point of intersection and the
west end of Lake Superior, as re-
CURED by this act, it shall be the
duty Of such treasurer and he Is
hereby directed to pay over to said
company SO much Of said moneys
collected from trespaSsers as shall
be apportioned 10 it.
Sec. IL. All lands convened to
said Chicago and Northern Pacific
Air Line Railway Company by the
state, in pursuance of this act shall
be subject to taxation from the date
OF the conveyance thereof, by the
state,
Sec. II. The said Chicago and
Northern Pacific Air Line Railway
Company shall, within sixty days
from and after the passage OF this
act, file with the secretary of state
a resolution duly adopted by it's
board Of directors, accepting this
grant upon the terms and condi-
! tons herein contained, and shall al
so, within said sixty days give to
the state Of Wisconsin such security
for the completion of that portion
of its railway lying between said
point of intersection and the west
end of Lake Superior, in accordance
with the provisions of said acts OF
congress and this act, and shall be
required by the governor: provided,
however, that said security shall be
of no force or effect until congress
shall have passed an act renewing
said grants or extending the time
for the construction of said road, OF
until it shall have been decided by
the supreme court Of the United
/ States that the present title of the
state is absolute and indefeasible
and upon the failure of said compa-
ny to file said resolution and to give
said security within the time here
inhefore limited, this act shall be OF
no effect so far as it grants to said
company any interest in or rights to
said lands.
See. -. If said Chicago aud Nor
thern Pacific Air Line Railway
Company shall fail TO file said reso-
luton and to give said security, as
provided in the preceding section,
then said lands shall vest in the
North Wisconsin Railway Compa-
ny, upon that company filing with
the secretary of state resolution OF
its board Of directors, and executing
and delivering to the state treasul er
a bond, as required by section four
of this act and in case the said
North Wisconsin Railway Company
shall fail to file such resolution and
to execute and deliver such bond,
within twenty days after the forfeit
ure Of its rights to said lands by the
said Chicago and Northern Pacific
Air Line Railway Company, then it
/ shall be the duty Of the Governor,
as the agent of the state, to proclaim
a forfeiture by said company OF
all its rights and privileges under
this act, and thereupon any other
railway company that shall first, af-
ter said proclamation, file with the
secretary of state resolution of It's
board of directors accepting said
grant upon the terms and conditions
of said acts of congress and of this
act, and shall deposit with the state
treasurer security, to be approved
/ ny ILe NONefllof, 10 cOnSlluCb Sdltl
road in accordance with the provis-
ions Of said acts of congress and OF
this act, shall succeed to the rights
and privileges herein conditionaily
granted to said Chicago and North
ern Pacific Air Line Railway Com
pany, as fully as though this act had
in the first instance applied to said
company.
Sec. Il. Any person who, prior
to the first day Of January, 1874,
may have settled upon any quarter,
OF subdivision less than quarter
section of said lands and improved
the same as farm, and who has
since continued to reside thereon
and occupy the same as his home,
may on proving such settlement, I'M
provement and continued residence,
acquire the title to the same by pay
ing TO the state treasurer OF Wis
consin, for the use Of said North
Wisconsin Railway Company, the
sum of two dollars and fifty cents
per acre for such land, such proof
and payment to be made within one
year from the passage of this act.
Go TNbic III II toIyo o4nat