Eureka daily sentinel. [volume] (Eureka, Nev.) 1871-1887, 1881-03-08
rHE RAILROAD BILL.
Full Text of the Act as Passed and
Approved by the Governor.

Following Is q certified copy OF the Perley
bill, to encourage the construction Of q
railroad from the town Of Eureka to the
Colorado River, as passed by the Legisla-
ture and approved by the Governor:
SECTION /. The Eureka and Colorado
River Railroad Company, q corporation
heretofore organized in January, eighteen
hundred and eighty-one; and now existing
under and by virtue of the laws Of the
State Of Nevada, is hereby given and
granted the right, privilege and franchise
Of building, constructing, maintaining and
operating q railroad with iron rails, be-
tween q point within one quarter OF a mile
OF the Courthouse, in the tow Of Eureka,
in Eureka County, State OF Nevada, and
thence by the most feasible and practica-
BILE route through or in the vicinity of
Hercules Gap, in White Pine County, past
Phoebe, within six miles OF said town, to a
| point in the State OF Nevada on the Col
orado River, at or near the town Of Call
vile; the gauge of the said railroad shall
be what is known as narrow gauge.
SEC. 2. The Board Of County Commits
sioners Of the County Of Eureka, in this
| State, are hereby authorized and directed
to prepare and issue the bonds Of said
county to the amount Of 500, 900
upon the condition and pursuant
to the provisions hereinafter en-
acted, which said bonds, when 80 issued,
| shall be delivered to the said Eureka 4
Colorado River Railroad Company, for its
benefit, in exchange for IN equal amount
OF fully paid up stock Of said Railroad
Company at the par value thereof. The
Board Of County Commissioner Of White
Pine County in this State, are hereby au-
thorized, empowered and directed to pre-
pare and issue the bonds Of said county to
the amount Of. $500, 900 upon
the conditions and pursuant to
the provisions hereinafter enacted, which
said bonds, when so issued, shall be deliv.
cred TO the said Eureka & Colorado River
Railroad Company. for its benefit, in ex-
change for an equal amount of the fully
paid up capital stock OF said Railroad Com
pany, at the par value thereof. The Board
Of County Commissioners Of Lincoln
County, in this State, are hereby author
ICED. empowered and directed to prepare
and issue the bonds OF said county, to the
amount of $500, 900. upon the con-
ditions and pursuant to the provi-
sions hereinafter enacted, which said
bonds, when so issued, shall be delivered
to the said Eureka 4 Colorado River Rail-
road Company. for its use and benefit, in
exchange for a equal amount Of fully
paid up capital stock Of said Railroad
Company, at the par value thereof.
SEC. 3. Whenever the said Eureka &
Colorado River Railroad Company shall
have, within eighteen months from the
passage Of this Act, completed the con-
| struction OF q first-class iron railroad,
OF gauge as provided herein, from some
| point within one-quarter of a mile of the
Courthouse in the town OF Eureka, in said
county Of Eureka, on the adopted line OF
said road, for a distance of thirty miles,
n the same shall be in complete readiness
to receive the rolling stock proper therefor.
the Board Of County Commissioners OF
said county OF Eureka, are hereby author
lied and directed, in the name Of said
county, to take and subscribe, for the use.
benefit and advantage Of said county, to
the capital stock OF said company, to the
amount of one hundred thousand dollars;
and said Board Of County Commissioners
are hereby authorized and directed to pre-
pare and issue the bonds OF said county,
to the said mount OF ono hundred thou
sand dollars, in the form hereinafter speci-
fed, and deliver the same to the said
Eureka q Colorado River Railroad Com
pany, for its benefit, in exchange for full
paid up stock OF the capital stoch Of said
railroad company, to the amount Of n
hundred thousand dollars, par value OF
said stock, in payment OF said subscrip-
ton to said stock by said county. And
whenever within twenty-four months after
the passage OF this Act, said Eureka 4 Col
orado River Railroad Company shall have
completed the construction OF a .first-class
iron railroad, OF guage as herein provided,
within said county Of White Pine, for a
distance Of seventy-five miles, and the
same for said distance shall be in complete
readiness to receive the rolling stock proper
therefor. the Board Of County Commits
sioners Of said county Of White Pine are
hereby authorized and directed. in the
name OF said county, to take and subscribe,
for the use, benefit and advantage Of said
county, to the capital stock OF said COM
pany, stock to the amount Of one hundred
Thousand dollars, and said Board OF County
Commissioners are hereby authorized and
directed TO prepare and issue the bonds Of
said county, to said amount OF one hum
dred thousand dollars, in the form herein
after specified, and deliver the same TO said
Eureka 4 Colorado River Railroad Com
pany, for Its use and benefit, in exchange
for full paid up stock Of the capital stock
OF said railroad company, to the amount
Of one hundred thousand dollars, par value
Of said stock, in payment of said sub
scription to said stock by said county; and
whenever within three years after the pas
sage Of this Act, said Eureka Il Colorado
River Railroad Company shall have COM
pleted the construction Of q frst-class
iron railroad Of gauge Is herein pro-
vided, within said county OF White Pine,
from the point last above mentioned as
being the southern terminus Of seventy
five miles in said county, to q point on the
adopted line Of said road on the southern
or southeastern boundary Of said county,
and the same for said distance shall be in
| complete readiness to receive the rolling
stock proper therefor, the Board OF County
Commissioners Of said county Of White
Pine are hereby authorized and directed,
in the name Of said county, to take and
subscribe, for the use, benefit and advant-
age Of said county. to the capital stock Of
said company, stock to the amount Of one
hundred thousand dollars, and said Board
| of County Commissioners are hereby au-
thorized and directed to prepare and issue
the bonds OF said county to che amount Of
one hundred thousand dollars. in the form
hereinafter specified. and deliver the zane
to the said Eureka & Colorado River Rail-
road Company, for its use and benefit, in
exchange for full paid-up stock of the CAPT.
tai stock OF said railroad company, to the
amount Of one hundred thousand dollars,
par value Of said stock, in payment Of said
subscription to said stock by said county 4;
and whenever, within four years after
the passage Of this Act, the said Eu-
reka 4 Colorado Railroad Company shall
have completed the construction Of q first
class iron railroad Of gauge as herein pro-
vided, within said county Of Lincoln, for .
distance Of seventy-fve (75) miles, and
the same for said distance shall be in COM
plete readiness to receive the rolling stock
proper therefor. the Board of County Com
missioners Of said Lincoln county are here
by authorized and directed, In the name of
said county. to take and subscribe, for the
uae. benefit and advantage Of said county.