The New Orleans daily Democrat. [volume] (New Orleans, La.) 1877-1880, 1879-02-15

House Of Representatives. of the State of
Louisiana, In General Assembly Commenced. That
the claim of the said Vicksburg, Shreveport
and Texas Railroad Company TO so much OF
the lands referred to In the foregoing preamble
as have not been legally earned and disposed OF
by said company, according To the terms ana
conditions OF said grant, be and the same are
hereby declared forfeited. and the said act OF
the General Assembly of the State OF Lonis-
ana, approved March IL, 1857, and entitled
IAN act to accept In part OF the grant and
carry into execution the trust conferred upon
the State OF Louisiana by an act OF Congress
making q grant of lands to aid In the con-
strnction OF railroads in said State, approved
June g. 1856, he and the same Is hereby re-
pealed In SO far as the said act of the Legis-
lature of Louisiana grants the said lands TO
the said Vieksburg, Shreveport and Texas
Railroad Company; proUided that the title of
said company shall be untmpaired to such
portion of said lands as have been actually
earned and legally disposed loft, In compliance
with the terms and conditions OF said grant.
SEC O. BE IL further enacted etc, That
all OF the said lands not actually earned and
legally disposed Of as aforesaid, with oil the
rights, privileges and powers, as are granted
to and conferred upon the State OF Louisiana
by an act OF Congress entitled An act making
q grant of lands to the State OF Louisiana, to
aid In the construction of railroads In said
State" approved June 3, 1885, for the purpose
of aiding In the construction of railroad
from the Texas line in the State OF Louisiana
west of the town OF Greenwood, via Green
wood, Shreveport and Monroe, to point on
the Mississippi river opposite Vieksburg, be
and the same are hereby granted to the Red
River and Mississippi Railroad Company, q
body corporate existing under the laws OF
the State of Louisiana; provided, that the
said Red River and Mississippi Railroad Com
pany shall, within ninety days from the APP
prevail of this act, accept the same upon the
terms and conditions OF the said act Of Con-
gress except as to the time OF completing
said road, which Is hereby extended to ten
years from the passage OF this act and the
said acceptance shall be by resolution OF the
Board OF Directors, a certified copy of which,
signed by the president and secretary, and
With the corporate seal of the company at
taehed, shall be filed In the office OF the Sec
rotary OF State of Louisiana, who shall re-
cord the same In the record book of said office.
SEC 3. BE II further enacted, etc, That the
line rs adopted by the Vieksburg, Shreveport
and Texas Railroad Company between
Shreveport and Monroe shall be the line OF
the Red River and Mississippi Railroad Com
pany only admitting such variations as may
be found necessary for the convenience OF the
public and the economy of construction.
SEC. 4. Be 1t further enacted, etc, That II the
quantity OF land intended tn be donated by
the said act of Congress cannot be obtained
within the prescribed limits of six miles by
reason OF a portion of said lands having been
otherwise disposed OF, then 1t shall be the
duty of the Governor to appoint an agent, or
agents, to select such other lands as are or
may be granted by Congress for such def
eencies; propided, the Board of Disectors OF
said Red River and Mississippi Railroad
Company shall have the right to nominate
said agents. whose compensation shall be
fixed and paid by said company.
SEC. 5. Be ii further enacted, etc, That In
order to aid In the construction of the road
the said Red River and Mississippi Railroad
Company shall have the power to mortgage
and hypothecate the rights conferred upon
them by this act to the said lands to secure
any bond or bonds Issued by said company,
or loan made to said company, and the inter-
est upon such bonds or loan.
SEC. 6. Be 1t further enacted, etc. Tint this
act shall take effect from its passage, and
all acts In conflict with 1t are repealed.
JOHN G. MONCURE
Speaker Of the House of Representatives.
LOUIS A. WILT,
Lieutenant Governor and President of the
Senate.
Approved February IA, 1879.
FRANCIS L. NICHOLS,
Governor of the State OF Louisiana.
A true copy:
WILL. A. STRONG.
Secretary of State.