Carson daily appeal. [volume] (Carson City, Nev.) 1873-1877, 1875-02-21
CARSON AND CALLvlLLE RAIL
ROAD.


introduced bill providing for the con-
truction of o railroad from Carson City
to Arizona. on the c, dorado river. a dis
lance of about four hundred miles. Its
incorporators are n. d. Chamberin. NJ.
C. Garduer, Jacob Klein, W. ii. Corbett.
James Duffy, W. H. Carey, - Livings-
ton, Fred Frevert, j. Rosenbaush, Israel
Crawford. II. II. Day. A. j. Holmes,
- Smith, Angus Mcleod. II. Mathers.
d. f. Manning. W. L. Davis, Jacob
Tobriner, John Chia:ovich. or any num-
Der of them, not less than ten. shall have
become corporate bo,.y in the manner
provided by law, regulating railroad
companies. Beginning at Carson 1t runs
through Douglas. Esmeralda. Nye and
Lincoln, to the town of Callvllle. Orms-
by county is asked to subscribe $50. 900:
Douglas, 5000, 900; E-meralda. 500. coo.
The bonds are to he of convenient
amounts, not exceeding one thousand
dollars, or less than fifty dollars. The
bonds shall be printed with Interest cou-
Pons attached. expressing on the face Of
both bonds and coupons that they are
payable i'll gold coin of the United States
and shall bear interest at the rate Of
sesen FER cent. fer annum. payable an
nually. Said bonds are payable to bear
er at the Office Of the County Treasurer
of each county, as follows: the lrst Series
and issue of twenty-five thousand dol
lars, in seven Years from their date; the
thousand dollars, in twelve years from
their date; the third series and issue Of
twenty five thousand dollars. In sixteen
wears from their date and each addition
al series and Issue Of twenty-five thou
sand dollars, requisite TO making up the
full amount authorized by this Act 10 be
issued by the county, shall express q
period including additional two years
over the period given for the maturity Of
the next preceding series and and issue,
DARN. which the bonds shall run before
maturity.
Ormsby comfy is to Issue the full
amount of bonds. SO, 900, on the COM
pletion of the road from Carson to a
point beyond the Douglas county Court
house.
Douglas and Esmeralda COMMITTEES issue
bonds to the extent Of 80, coo for the
complexion q each section Of ten mile,
of the load.
Tie fail amount OF bonds subscribed
by each county is hot 10 be issued until
the road passes beyond the county bouu-
dairy line
The capital stock OF TIE company is
not TO exceed S4GJ0.U00.
After Douglas and Ormsby counties
issue the full amount Of their bonds
subscribed, and E>meralda issues bonds
to the extent Of $4,000, those counties
shall levy a tax Of one per cent. on all
taxable properly i'll their respective conn
ties for the payment Of the Interest and
principal Of said bonds.
Ormsby county. subscribing $4,000,
may levy q less amount for their redemp-
tion-but not less than one-fourth Of
one per cent
Fifty miles Of the road must be built
every two years.
1t is thought the road viii be complet-
ed as far as Columbus. E>meralda coun-
ty, 100 miles, in three Years. if the bill
becomes law. The bill Is considered q
good one. and will be ally supported by
Mr- Lockwood of Ormshy. Senator
Hickey of Douglas, and Senators Gar
Tard ana McCHuton, of Esmeralda. The
bill is now being considered by the Com
mittee on Railroads and Internal In
provements.
A dispatch from Council Bluffs relates
that the second Controller of the Treas
ury had decided Yesterday that the