Los Angeles daily herald., 1874-04-03

and less than seventy cubic 1eet, there
may be added to such rates fifty per
cent thereof; and on all such as that
two thousand pounds shall measure
seventy cubic feet and Tess than eighty
cubic feet, there may be added to such
rate seventy-five pcr cent thereof; and
on such as that two. thousand pounds
shall measure eighty cubic feet and
over, there may be added to such rates
one hundred per cent thereof.
Sec. 5. On all single packages
weighing two thousand pounds, and
less than three thousand pounds, there
may be added to the rates allowed in
section three of this act, twenty-five
per cent thereof; and on all single
packages weighing three thousand
pounds and less than four thousand
pounds there may be added to such
rates fifty per cent thereof; and on all
single packages weighing four thous-
and pounds and less than five thous-
and pounds, there may be added to
such rates seventy-five per cent there
of; and on all single packages weigh
ing five thousand pounds and upward,
there may be added to such rates one
hundred per cent thereof.
Sec. 6. On all gunpowder, cam
phene, acids or any explosive material
of like nature, also on glass and
glassware. there may be added to the
rates provided in section three of this
act one hundred per cent thereof.
Sec. 7. 1t shall be the duty Of the
parties aforesaid, and their assigns af
ter the completion of the road, on the
first Monday of February of each year,
to make and file with the State Board
of Examiners, a statement in writing
under oath of all moneys received dur
ing the fiscal year ending December
3lst of each year, from the earnings of
said road, the rates and fares charged,
the running, repairing, and construc-
ton expenses, with insurance and tax
expenses, the amount Gf any, of ex-
listing Indebtedness, and if dividends
have been declared, the amount there
of, and the amount of cash on hand.
Sec. 8. If it shall appear from such
statement that the company is free
from debt, and that the net revenue
of the road arising from it's earnings
during the year has exceeded twelve
per cent per annum upon the money
invested in the construction, running,
improvement, repairing, and other ex-
penses of the same, that then it shall
be the duty of, and the said Board of
Examiners shall have the power to
adjust, fix and reduce the freights upon.
the road and the rates and fares for
passengers to such rates and fares as
will realize to said parties, or their as
eigns, net revenue from the road
upon the capital invested, repairs
made and necessary to be made and
running and other expenses, a sum
equal to, but not to exceed twelve per
cent per annum.
Sec. 8. No discrimination shall be
made between persons, parties, or To-,
calities, asto fares and freights, or the
transportation of goods; and no free
passes shall be issued or given to any
person or party to travel the road, ex-
cept only to those who are actually
engaged in the business of the road.
Sec 10. That said parties, their as
sociates and assigns, in the conduct
and management of said railroad,
shall have all the powers, and be sub
ject to all the liabilities, and conform
to all the requirements contained in
Chapters ii. and Ill. of Title I'LL, of
the Civil Code of California, relating
to railroad corporations, so far as the
same are consistent with the provis-
Ions of this Act.
Sec. IL. This Act shall take effect
and be in force from and after its pas
sage; provided, that unless the gran
tees under this act shall within twelve
months from the passage hereof COM
mence work upon said road and ex-
pend thereon at least the sum of $780,
900, the franchise and right herein
granted shall be forfeited.