Pacific Railroads in Congress, 1877 and 1878: Proceedings Compiled from Official Records1878 - 694 pages |
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Page 4
... receive any such dividend contrary to the provisions of this act , shall be liable to the United States for the amount thereof , which , when recovered , shall be paid into said sinking fund . And every such officer , person , or ...
... receive any such dividend contrary to the provisions of this act , shall be liable to the United States for the amount thereof , which , when recovered , shall be paid into said sinking fund . And every such officer , person , or ...
Page 6
... receive from the United States the sum of $ 1,970,560 of the bonds of the United States , of the description before mentioned as issued to the Central Pacific Company , and in the same manner and under the provisions of said acts ; and ...
... receive from the United States the sum of $ 1,970,560 of the bonds of the United States , of the description before mentioned as issued to the Central Pacific Company , and in the same manner and under the provisions of said acts ; and ...
Page 7
... receive in the mean time no reimbursement of the interest paid ; but the Government is enti- tled to reimbursement annually under certain provisions in the char- ter . By one of the sections of the original act of 1862 the Government is ...
... receive in the mean time no reimbursement of the interest paid ; but the Government is enti- tled to reimbursement annually under certain provisions in the char- ter . By one of the sections of the original act of 1862 the Government is ...
Page 10
... receive 5 per cent . of the net earnings , and very dissimilar views are taken of the right of the United States under that clause by the law officer of the Government on the one side and by the companies on the other . The law officer ...
... receive 5 per cent . of the net earnings , and very dissimilar views are taken of the right of the United States under that clause by the law officer of the Government on the one side and by the companies on the other . The law officer ...
Page 13
... receives for transportation from the Government annually about twice as much as the Central Pacific receives . The ... receive from the Union Pacific . That will be seen if the Senate will look at the report . On page 5 of the report ...
... receives for transportation from the Government annually about twice as much as the Central Pacific receives . The ... receive from the Union Pacific . That will be seen if the Senate will look at the report . On page 5 of the report ...
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Pacific Railroads in Congress, 1877 and 1878: Proceedings Compiled From ... Pacific Railroads No preview available - 2018 |
Pacific Railroads in Congress, 1877 and 1878: Proceedings Compiled From ... Pacific Railroads No preview available - 2018 |
Common terms and phrases
act of Congress alter and amend amount annually assert authority bill BLAINE cent Central Pacific Railroad charter CHRISTIANCY claim commissioners Constitution construction contract corporations created creditors debt decision declared default dividends dollar duty earnings EDMUNDS ernment exercise existing first-mortgage bonds franchises Government grant half transportation impair the obligation interest issued Judiciary Committee Kansas Pacific Railroad land legislation Legislature lien loan maturity ment MERRIMON Missouri River mortgage net earnings object Pacific Ocean Pacific Railroad acts Pacific Railroad Company paid panies parties passed payable payment power of Congress President principle proposed proposition provision purpose question railroad and telegraph reference repeal reserved power right to alter road Secretary secure Senator from Maine Senator from Ohio Senator from Vermont sinking fund statute stockholders Supreme Court telegraph line THURMAN tion Treasury Union Pacific Railroad United vote Western Pacific Railroad
Popular passages
Page 112 - An act [to amend an act entitled 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 postal, military, and other purposes, approved July first, eighteen hundred and sixty-two," approved July second, eighteen hundred and sixty-four.
Page 555 - ... a power reserved to the legislature to alter, amend or repeal a charter authorizes it to make any alteration or amendment of a charter granted subject to it, which will not defeat or substantially impair the object of the grant, or any rights vested under it, and which the legislature may deem necessary to secure either that object or any public right.
Page 116 - It must be conceded that there are such rights in every free government beyond the control of the State. A government which recognized no such rights, which held the lives, the liberty, and the property of its citizens subject at all times to the absolute disposition and unlimited control of even the most democratic depository of power, is after all but a despotism.
Page 663 - That the grants aforesaid are made upon condition that said company shall pay the bonds at maturity, and shall keep said railroad and telegraph line in repair and use, and shall at all times transmit dispatches over said telegraph line, and transport mails, troops and munitions of war, supplies, and public stores upon said railroad for the Government, whenever required to do so by any department thereof...
Page 34 - But if an act be done under a law, a succeeding legislature cannot undo it. '.The past cannot be recalled by the most absolute power...
Page 116 - There are limitations on such power which grow out of the essential nature of all free governments. Implied reservations of individual rights, without which the social compact could not exist, and which are respected by all governments entitled to the name.
Page 218 - A person has no property, no vested interest, in any rule of the common law. That is only one of the forms of municipal law, and is no more sacred than any other. Rights of property which have been created by the common law cannot be taken away without due process ; but the law itself, as a rule of conduct, may be changed at the will, or even at the whim, of the legislature, unless prevented by constitutional limitations. Indeed, the great office of statutes is to remedy defects in the common law...
Page 331 - I authorize and give up my right of governing myself, to this man or to this assembly of men, on this condition, that thou give up thy right to him and authorize all his actions in like manner.
Page 663 - ... by the Secretary of the Treasury, in accordance with the provisions of this act, the said road...
Page 663 - ... every alternate section of public land, designated by odd numbers, to the amount of five alternate sections per mile on each side of said railroad, on the line thereof, and within the limits of ten miles on each side of said road...