SEC. 2. The capital stock of said company shall be five hundred thousand dollars, which may be increased to any amount not exceeding two millions, divided into shares of five hundred dollars each, and the said company may commence operations under this act whenever two hundred thousand dollars of the capital stock shall be subscribed and fifty per cent (50) of the same paid in.

SEC. 3. The principal object of said company is declared to be the promotion of immigration to Texas, to facilitate the sale and purchase, and settlement of lands by immigration, and to introduce respectable immigrants, laborers, skilled operators and capital into the State.

SEC. 4. The said company is prohibited from introducing as immigrants into the State any convicts, fugitives from justice, profligates, persons of loose habits, drunkards or those who have been of notoriously vicious, immoral or depraved dispositions.

SEC. 5. The management of the affairs of said company shall be conducted by a board of directors, to be selected from the stockholders, and under such rules and regulations as the stockholders may determine at their first regular meeting, and the organization of said company shall take place at such meeting. The directors shall have power to make all necessary by-laws for the management of the company, and such by-laws, when not inconsistent with the provisions of this act and the Constitution and laws of the State, shall be binding upon all the stockholders.

SEC. 6. The principal office and place of business of said company shall be in the city of Galveston, State of Texas.

SEC. 7. That this act shall take effect and be in force from and after its passage.

Approved November 25, 1871.

CHAPTER LXXXII..

AN ACT AMENDATORY OF AND SUPPLEMENTARY TO AN ACT ENTITLED AN ACT TO ENCOURAGE THE SPEEDY CONSTRUCTION OF A RAILWAY THROUGH THE STATE OF TEXAS TO THE PACIFIC OCEAN, PASSED ON THE TWENTY-FOURTH DAY OF MAY, 1871.

SECTION 1. Be it enacted by the Legislature of the State of Texas, That section one of the above entitled act shall be so amended as to read as follows: "Section 1. Be it enacted by the Legis lature of the State of Texas, That in order to secure and promote

the speedy construction of a railway through the State of Texas to the Pacific Ocean, and thereby secure the incidental advantages of cheap transportation for emigrants to the western and unsettled portion of the State, facility of communication between the eastern and western boundaries, the settlement and enhancement in value of the now unoccupied public domain, and the development of the great mineral, agricultural and stockraising resources of the State, the State of Texas hereby consents, binds and obligates herself to donate, and does hereby grant to the Southern Pacific Railroad Company and to the Southern Trans-Continental Railway Company, heretofore chartered by the Legislature of the State of Texas, the bonds of the State of Texas to the amount of six millions of dollars in the manner and upon the terms and conditions following, to-wit: To the Southern Pacific Railroad Company there are hereby granted the bonds of the State to the amount of three millions of dollars, and to the Southern Trans-Continental Railway Company there are hereby granted the bonds of the State to the amount of three millions of dollars upon the condition that the said companies shall, before the first day of June, A. D. 1872, agree upon a point of junction of the two roads, which said point of junction shall be within three miles of the junction of the West Fork and Clear Fork of the Trinity river, and on the south side of said rivers, and shall file such agreement, duly executed by the two companies, in the form of an indenture between the two companies in the office of the Secretary of State of the State of Texas; the said Southern Pacific Railroad Company, shall build its road from the present western terminus thereof, at Longview, in Upshur county, by such route as the said company may deem the most practicable, crossing the Central Railroad within one mile of Browder's Springs, to the said point of junction, and the said Southern Trans-Continental Railway Company, shall build its road from Jefferson to a point on the eastern boundary of the State of Texas, bordering on the State of Arkansas, at or near Texarkana, and thence through the town of Clarksville, in Red River county, and through the city of Paris in Lamar county, to the point of junction, confining its line as nearly as may be practicable, to the old survey of the Memphis, El Paso and Pacific Railroad Company; and for the purpose of more certainly and conveniently transporting the material necessary to the construction of its said road, as above defined, the said Southern Trans-Continental Railway Company, shall have the right to construct a railway from the town o Marshall, in Harrison county, to Jefferson, which shall be a part of the railway of the said company; provided, that the said company shall not be entitled to apply any part of the subsidy herein granted to the said road, from Marshall to Jefferson; the said companies, by

the first of September, 1872, shall make a survey of the route of each of the said roads to the said point of junction, and shall file a map of said routes in the General Land Office at Austin and in the office of the Secretary of State, and the distances between the principal points along said routes to the said point of junction shall be carefully noted on said maps."

SEC. 2. That section four of said act be so amended as to read as follows: "The bonds herein before provided shall be issued and delivered to the said railroad companies, or either of them, which may, be entitled to receive the same in the following manner, to-wit: when either of said companies shall complete, equip, and put in running order twenty-five consecutive miles of its said line of road, and the chief engineer of said company shall certify the same to the Governor of the State under oath; it shall then be the duty of the Governor to detail such officer as may be prescribed by law, or appointed by: the Governor for that purpose, to examine the same, and upon the written report of such officer that the said twenty-five miles of such railroad have been completed in a thorough and substantial manner, it shall then be the duty of the Governor to issue and deliver to the said company, the bonds herein provided for, to the amount of ten thousand dollars per mile for each and every mile of said twenty-five miles of said road, then and thereafter, so soon and so often as said companies, or either of them, shall complete ten miles of their road and equip and put the same in running order, it shall be the duty of the Governor to deliver to said companies respectively the bonds hereinbefore provided, at the rate of ten thousand dollars per mile, for each and every mile of the said roads in a like manner and under the same restrictions as hereinbefore provided, until the said roads shall be completed to said point of junction."

SEC. 3. That section five of said act be so amended as to read as follows: "That the Legislature of the State of Texas, if vested with the constitutional power to do so, may at any time before the first day of January, A. D. 1874, substitute for the bonds hereinbefore donated a grant of the public lands of the State to the amount of twenty-four sections to the mile to each of said companies respectively; for each and every mile of road built by said companies respectively, after the passage of this act, in lieu of said bonds, in like manner and under the same restrictions as provided in this act; provided, that if any of the bonds herein provided, shall be issued before the Legislature shall make such substitution, then said bonds shall be redeemed and canceled as provided in sections six and seven of this act; and provided, further, that if the Legislature shall not have made such substitution of lands for the said bonds by the first day of January, 1874, then the said company shall have the right

at any time thereafter, when the Legislature shall have power to grant the public lands in aid of internal improvements, to deliver to the Governor of the State any bonds which may have been delivered to them under the provisions of this act, and shall receive therefor a grant of the public lands to the amount and in the manner provided in section six of this act."

SEC. 4. That section eight of said act shall be amended so as to ⚫ read as follows: "That should either of said companies fail to complete its road to the said point of junction by the first day of January, 1874, then said company shall thereafter take no further benefit under the provisions of this act.'

SEC. 5. That the said Southern Pacific Railroad Company, and the Southern Trans-Continental Railway Company are hereby empowered to conform the gauge of their several roads to such gauge as may be adopted by the Texas Pacific Railroad Company, chartered under act of Congress of the United States, March 3, 1871.

SEC. 6. That it is the intent and purpose of this act, and of the act to which this act is amendatory, that each of the said railroad companies shall be entitled to three millions of dollars of said bonds, and that neither of said companies shall receive more than ten thousand dollars per mile for the construction of their roads to the said point of junction; and the said companies shall be entitled to receive ten thousand dollars per mile for a single track railroad westward from the point of junction towards El Paso, until the whole amount of bonds granted shall be consumed; but in no event shall the amount of bonds to be issued under the provisions of the act, of which this act is amendatory, exceed six millions of dollars; provided, that the said companies, after reaching the said point of junction, shall construct the single track westward towards El Paso at the rate of one hundred miles per annum until the whole amount of the subsidy shall be exhausted-failing to do which the said companies shall forfeit all right to any subsidy beyond the said point of junction.

SEC. 7. The said railroad companies shall be subject to no limitation of time in the construction of their roads, other than is provided in this act and the act of which this act is amendatory.

: SEC. 8. Anything contained in the act of which this is amendatory, and in other laws or parts of laws, contrary to or inconsistent with the provisions of this act, is hereby repealed; and this act shall take effect from and after its passage.

Passed November 25, 1871.

The foregoing act, received in the office of Secretary of State, December two, one thousand eight hundred and seventy-one,

having been presented to the Governor of Texas for his approval, and not having been returned by him to the House in which it originated within the time prescribed by the Constitution, has become a law without his approval.

J. E. OLDRIGHT, Acting Secretary of State.

CHAPTER LXXXIII.

AN ACT TO INCORPORATE THE HOUSTON TANNERY AND LEATHER MANUFACTURING COMPANY.

SECTION 1. Be it enacted by the Legislature of the State of Teras, That Samuel Geisleman, George H. Dutton, Jacob Binz, W. A. Ellis W. D. Alexander, and their associates and successors, be a body corporate and politic, under the name and style of the Houston Tannery and Leather Manufacturing Company, with authority in said corporate name and capacity to contract; to sue and be sued; to plead and be impleaded; to acquire real and personal property by gift or purchase, and to sell, grant, mortgage, or alienate the same; to make by-laws for its own government, which bylaws may be altered or amended from time to time, as may be deemed necessary for the promotion and carrying out the objects contemplated in this act.

SEC. 2. That the said company in their corporate name and capacity shall have the right to tan leather and manufacture boots, shoes, and any other articles made of leather which they may desire to manufacture. Said company shall have the right to own such houses, lands, machinery, and all other articles and property of whatsoever kind, necessary for or incidental to the working of their manufactory.

SEC. 3. That the capital stock of said company shall be one hundred thousand dollars, exclusive of its franchises and rights to property, divided into shares of one hundred dollars each, each share to entitle the owner thereof to one vote, either in person or by proxy, in all meetings of the company. Said shares shall be deemed personal property, and shall be transferable under such rules and regulations as may be provided for in the by-laws of the company.

SEC. 4. That for the purpose of organization and commence