Tendencies in American Economic Thought Volume 15.cBenjamin William Arnold
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Author: Benjamin William Arnold
Number of Pages: 174 pages
Published Date: 01 Mar 2012
Publisher: Rarebooksclub.com
Publication Country: Miami Fl, United States
Language: English
ISBN: 9781130230741
File size: 9 Mb
Download Link: Tendencies in American Economic Thought Volume 15
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This historic book may have numerous typos and missing text. Purchasers can download a free scanned copy of the original book (without typos) from the publisher. Not indexed. Not illustrated. 1897 Excerpt: ... the railroad with the canal through the region between the Point of Rocks and Harper's Ferry was recorded. It was provided, too, that when completed to Harper's Ferry the railroad was to subscribe for 2,500 shares of the stock of the canal company, and that the railroad company was to be allowed to begin the construction of its road at the Point of Rocks at any time after May 10, 1833. The canal company was bound to prepare the road-bed through the passes of the Point of Rocks for one hundred thousand dollars and to bear the expense of any additional cost of grading. The width of the canal was to be maintained at fifty feet, but if the railroad became impracticable at any point in the passes with the canal fifty feet wide, its width might be contracted to forty feet, if the commissioners--provided for in a subsequent part of the law--deemed necessary. The canal company was given the right to grade the road-bed within a limited time, preserving a greater width for the canal than forty feet if it differed in opinion with the commissioners. The railroad, on the other hand, was to have a breadth of not less than twenty feet through the passes of the Point of Rocks, and a curvature of not less than 400 feet radius, and a grade not greater than thirty feet to the mile. To determine points at issue between the two companies, as to the construction of the road, a board of commissioners was to be created, composed of three engineers, one to be chosen by the canal company, one by the railroad company, and the third by the President of the United States. These commissioners were to determine the damages payable by the railroad company to the canal company for any interruption--during the construction or in consequence of it--of the use of any part of the canal. It wa...
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