Helena weekly herald. [volume] (Helena, Mont.) 1867-1900, 1879-02-06
FULL TEXT OF THE RAILROAD EX
EMPTION BILL

Be 1T enacted By the Legislative Assembly Of
Montana:
SECTION /. Any railroad company which
shall build its road, or any portion thereof,
winthin this Territory during the next one
year after the passage and approval of this
Act, shall have an exemption from assessment
and laxation for period of twenty years next
succeeding the completion of the same or any
portion thereof; and any railroad company
which 8hall build its road, or any portion
thereof within this Territory during the next
two ears after the passage and approval of
tia Act hall have an exemption from as
sessnie Ind taxation for period of fifteen
years Iaxt succeeding the completion of the
'ion sba3 cover it's road-bed, right of way,
trains .o-omotives, and all structures, erec-
tions, prJperty, and appurtenances, necessary,
convenient, or incident to the maintenance,
use, or operation of its railroad, or any por-
tlon thereof.
SAc7IoH 2. Such exemption shall be OBJ
tanned by said railroad company by filing in
the Office Of the Secretary of the Territory in
writing request for such exemption. which
request shall give the corporate name, gauge,
length, date of construction, and termini of
the road, for which such exemption is claim
ed and thereupon upon such filing the said
railroad appurtenances and property shall be-
come exempt from all kinds of taxation and
assessment during the period above men,
toned, and such filing shall be deemed con-
tract for exemption from taxation and assess
ment for the period aforesaid; such request
shall be placed on file in the Office of the Sec
retary of the Territory, and certified copy
thereof under the seal of said Secretary shall
be evidence of said contract of exemption in
oil ho cO,rfc Of this TarritOrv
SECTION 3. That any corporation organ
lied and existing under any law OF the United
States, or of any Territory of the United
States, and authorized to construct, maintain,
and operate a railroad within the limits of the
Territory of Montana, shall have the cor
pOrate power to construct, maintain, and
operate branches from its main trunk or line
into and through such portions of said Terri
tory as it may deem expedient and advisable,
with like rights, privileges, immunities, and
powers, and upon like conditions and limita-
lions as to its trunk or main line; provided,
that before such company shall have power
to condemn property to its use, map of the
general line or lines of such branch or
branches shall be filed in the office of the Sec
retary of said Territory; proosded further,
that said company, both in respect to its main
line and branches, shall have and enjoy all the
rights and powers conferred by section three
(3) of An Act of the Congress of the United
States, entitled Gan Act to amend an act en-
titled an act to aid in the construction of a
railroad and telegraph line from the Missouri
river to the Pacific ocean, and to secure to
the Government the use of the same for pos
tai, military, and other purposes, approved
July 1, 1862, approved July I'd, 1854, and all
provisions of said act so far as the same may
be applicable, shall apply to any company
organized and existing as aforesaid.
SECTION T. All acts and parts of acts in.
consistent with this act are hereby repealed.
SECTION 5. This act shall take effect and
be in force from and after its passage