Section 2nd authorises the Presi
dent to appoint, a Board of eminent
citizens, no! exceeding five, not in
terested in either road, to examine
and report on tiie condition of the
roads, and the amount required for
their completion to tlie terminus as a
first-class road its entire length, the
expenses of the Hoard, inclucling ten
dollars per day each, to be paid
equally by tlie companies.
Section 3rd authoriz.esand r< quires
the President to withhold a sufficient
amount of subsidy bonds to secure
the completion of all th" sections us a
first-cla-sroad, upon which bonds are
already issued, or in lieu of sueli
bonds they may receive security in
an equal amoinit of first mortgage
bonds of tin- c ompany, mid if it ap
peartotlie President that theaniount
of ;he subsidy bonds to be issueil to
ei:her compan.v be insntlicient to en
sure full completion, he shall make a
requisition upon stu b company for u
suflieient amount of bonds already
issued, or, in bi- discretion, of their
first mortgage bonds. In default of
obtaining this security, the President
may authorize and direct the Attor
ney General’to institntesuits to com
pel the giving of sueli security, mid
to oth-’i wise- protect tlie interests of
the United States in tlie road, and
insure its completion, Ac.
Section lib authorizes mid directs
the Attc-noy General to investigate
whetJiir or not the charter mid fran
chises oftlie I'nion mid < ‘entnil Com
panies arc forfeited, and whether the
Companies li.tve nuide illegal divi
dends, and whether the Directors,
agents oreniployes of the Companies
have violated any penal law, mid in
stitute any necessary legal proceed
ings.
“Six Months on the
Plains,”
v t.iii>i: to iieyenne
AND THE
•liocky JI otui ta iit s.
I!y E. IL TUTTLE.
