The Cheyenne daily leader. [volume] (Cheyenne, Wyo.) 1870-1884, 1878-02-21
JHE NATIONAL PACIFIC RAILROAD AND
TELEGRAPH COMPANY.

1 Dlll lol llN liNbi pAuhiol VI btAo NOhl-
pany, introduced by Mr.. Corlett in the
House of Representatives,:
Sec. l. Be it enacted, That Samuel
I. Hauser, Charles A. Broadwater, and
p. w. Meadow, of Montana Territory;
A. r. Converse and Luke Murrin, of
| Wyoming; n. c. Thum, VIM. II. Clag-
EFT, and J. p. Belden, of Dakota Terrific
ry; Ozro A. Hadley, of Arkansas; David
S. Draper, of Connecticut; John b.
Brush, of New York; Thomas L. KIM
ball, of Nebraska; W. A. II. Loveland,
Charles c. WEIGH, John Turck, and d.
ii. MofIatt, junior, of Colorado; J. J.
Noah, of Tennessee; Lyman Elmore,
of New York; S. ii. ii. Clark, of Ne
braska; and ali persons who shall or
may associate with them, and their
SUCCESSORS, are hereby created and
erected into a body cooperate and polite,
in deed and in law, by the name, style
and title of 1.-THE National Pacific
Railroad and Telegraph Company
and by that name shall have perpetual
I SNICtoOlOl, dlh oildll bt ItlhDlC VI oulilS
and being sued, plead and be implicated,
defend and be defended, in all courts
\ of law and equity within the United
States, and may make and have a COM
mon seal. And the said corporation is
hereby authorized and empowered to
lay out, locate, construct, furnish,
maintain and enjoy Il continuous rail
road and telegraph, with the appurte-
nances thereof, from Il point at or near
Cheyenne, in the Territory of Wyo-
ming; thence to q point at or near
Deadwood, in the Territory of Dakota;
thence, commencing mt or near Fort
Laramie, to Il point mt or near Fort
Fetterman: thence in u northerly or
northwesterly direction, hy the mott
practicable route, to the Yellowstone
river, near the mouth of the Big Horn
river; thence, by the most practicable
route, to Il point at or near Helena, in
the Territory Of Montana; thence, by
the most practicable route, to the Pa
cifc Ocean, or the navigable waters
connecting Herewith.
Sec. 2. That the said company is
hereby authorized and empowered to
survey, locate, and construct, to COM
plete. alter, maintain and operate 4
railroad, with IL or more tracks, and
n telegraph line accompanying, com.
mencing and running as aforesaid, in
and through the Territories of Wyo-
ming, Dakota, Montana, Idaho and
Washington, with such branches and
side-lines as may be deemed necessary
to the growth and development of the
public domain therein.
Sec. 3. That the right of way through
the public lands be, and the same is
hereby granted to said company for the
construction of said railroad and tele.
graph line; and the right, power and
authority are hereby granted said com
pany 10 take, from the public lands
adjacent to the line of said road, earth,
stone, timber, and other materials nee
essary for the construction thereof, and
to keep the same in repair. Said right
of way is granted to said railroad to
the extent of two hundred feet in
width on each side of said railroad
where it may pass over the public
lands, including all necessary grounds
for stations, buildings, workshops, de-
pots, machine-shops, switches, side
tracks, turntables. and water-stations,
not to exceed one hundred and sixty
acres for each station and buildings and
appurtenances thereunto ap%pertaining.
The United States shall eXtinguish as
rapidly rs may be the Indian titles to
all lands falling under the operation of
this act, and required for the said right
of way and grants herein made for sta
tions, buildings, workshops, and neces-
sary appurtenances.
Sec. l.. The capital stock of said cor
poration shall be thirty-five millions of
dollars, divided into shares of one hun
dred dollars each, but may be increased
from time to time to any. sum not eX-
ceeding the amount expended oil &C
count of the construction and mainte-
nance of said road and telegraph and
their appurtenances. 1t shall be deemed
personal property, and be issued and
transferred as may be provided by the
bylaws regulating said company. All
the corporate powers of said company
shall lie vested in, and exercised by a
board of directors, and such officers
and agents as they may appoint. The
boardof directors shall consist of eleven
persons, stockholders, who shall be
chosen annually by the stockholders,
each share having one vote by person
or proxy, and the said board of direc-
tors shall continue in Office until their
successors are elected and qualified.
Vacancies in the board may be filled
by q vote of two-tllirds of the remain
ing directors.
Sec. ). The president and directors
for the time being, or their officers or
agents, are hereby empowered to exer-
else all the powers herein granted for
the purpose of surveying, locating, con
%structing and operating said railroad
and branches, and for transportation of
persons, goods and merchandise, and
shall have authority of contract and