Fort Worth gazette. [volume] (Fort Worth, Tex.) 1891-1898, 1891-05-01
NEW LAWS.
FULL TEXT OF BILLS PASSED
AT THE RECENT SESSION.
Perfected Legislation of the Twenty-Ssc-
ond Legislature of Texas Now
Printed for the First Time.

RAILWAY CodPANIEs-RELIRr OF.
! Chapter f[Senate bill No. 80 An act
| for the relief of railway companies hay
ing charters made or amended since Janu
aay l. 1887, which have failed or about &c
fail to comply with article 1913 Revised
| Statutes.
Section l. Be it enacted by the legis.
lature Of the state of Texas, that the time
| in which any railroad company chartered
under the laws of this state since January
/, 1887, or the charter to which has been
amended since said date, is required TO be-
gin the construction OF its road and con-
struct, equip and put the same in good
running order as to part of such road as
provided for in article 1878 of the
Revised Statutes of the state of
Texas, and amended April S,
1889, is and the same shall be
extended until the first day of January,
having been chartered since January i,
1887, or the charter to which has been
amended since said date, which shall have
forfeited its corporate existence, rights and
powers. or is about to do so, by reason Of
failure to comply with said article 427S, or
any part of said article, shall have restored
and preserved to it its corporate existence,
and It shall have and enjoy all of the cor
porate franchises. property and right and
powers held or acquired by it previous to
any cause of forfeiture on account of such
failure as aforesaid.
Sec. 3 The fact that no good can result
to the state from the forfeiture provided
against in this act, and that the public con-
venience will be promoted by work begin
ming at once on some of said RAILWAYS, and
that citizens in many parts of the state
having invested in railway enterprises.
saved from great loss unless the relief
herein provided for be granted, create an
emergency and an imperative public ne
cessity authorizing the suspension OF the
constitutional rule, requiring bills to be
read on three several days, and demanding
that this act take effect and be in force
from and after its passage and it is SO en-
acted.
tNote-The foregoing act originated in
the senate and passed the same by vote of
yeas %, Gays /; and passed the house by a
vote Of yeas SIS, nays none.
Approved February II, 1891.
Chapter 19-lHouse bill No. Al An act to
be entitled an oct to define and punish
usury.
Section l. Be it enacted by the legislature
of the state Of Texas: That, if any person
shall for himself or as the agent Of another,
either directly or indirectly, loan any
money, and directly or indirectly charge or re.
ceive a greater rate of interest thereon than
IL per cent per annum, he shall be deemed
guilty Of usury, and upon conviction thereof
shall be fined in any sum not less than one
third nor more than the whole amount of
the money SO loaned.
Sec. 2. All fines collected under this act,
shall be paid into the county treasury
where such offense is committed, and be-
come part Of the public road and bridge
fund of such county.
SEQ. 8. This act is hereby declared not to
repeal or impair title 81 Of the Re ised Civil |
Statutes of Texas on the subject of in.
terest.
TNoTE.-The foregoing act was presented |
to the governor for his approval on the 9th |
day of February. A D. 1891, but was not |
signed by him nor returned to the house in |
which it originated with his objections !
thereto within the time prescribed by the |
and thereupon became law |
without his signature.-Geo. w. Smith, 1
Secretary Of STATED