| Whereas the Legislature of the State of
Texas passed "An Act for the Relief of Certain Railroad Companies
of the State of Texas," approved January 11th 1862, and "An
Act for the Relief of Companies incorporated for purposes of
Industrial Improvements by allowing the further time for performance,
on account of the present War," also approved January 11th, 1862,
which require the assent of the Houston & Texas Central Railway
Company to their provisions before the benefits thereof will inure to
said Company: |
| Therefore be it Resolved by the President
and Board of Directors of said Company, that it does consent to and
adopt the provisions of said Acts, in so far as they expressly apply
to said Company:" restoring the original bona fide Stockholders
of said Company, those who have paid for stock, to all the rights
privileges and immunity to which they were entitled previous to and of
which they were divested by the sale of said Road to W. J. Hutchins
and others," and subject to the proviso contained in said acts,
to wit, "that if the said original bon a fide Stockholders should
fail to pay into the Treasury of said Company the per centum upon
their said Stock on or before the expiration of the extension of time
provided in this act for Railroad Companies to fulfill their Charter
Obligations to the State, then and in that case said Stockholders
shall forfeit all their rights privileges and property interests as
Stockholders in said Road." |
| Given under my hand and seal (using scroll
for Seal, the Company having no Seal) at Houston this November 25th
1862. |
| Wm. J. Hutchins |
| Prest. |
| James F. Loudin |
| Secretary |
| |
| The undersigned Directors of the Houston
& Texas Central Railway Company certify that the foregoing
Resolution embodied in the certificate of the officers of said
Company, was this day passed by the Board of Directors. |
| W. R. Baker |
Directors |
| A. J. Burke |
| Matt Rice |
| T. W. Mause |
|
| W. J. Hutchins |
|