The Laws of Texas, 1822-1897 Volume 1 Page: 1,454
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Laws of the Republic of Texas.
112
Approved, Dec. 27, 1837.
SAM. HOUSTON.
AN ACT
(1454 )
Supplementary to an act to raise Public Revenue by direct
Taxation.
JOSEPH ROWE,
Speaker of the house of representatives.
MIRABEAU B. LAMAR,
President of the senate.
Sec. 1. Be it enacted, by the senate and house of representa-
tives of the republic of Texas in congress assembled, That
from and after the passage of this act, that the clerks of the sev-
contemplated by their charter, shall before assessing or receiving
tolls, announce the completion of their work to congress and con-
gress shall then immediately proceed to appoint three commission-
ers to examine the work, and also proceed to ascertain the amount
of expense necessarily incurred, and said commissioners shall allew
of no account for expenditures unless the necessary vouchers are
produced.
Sec. 2. Be it further enacted, That when the commissioners
have reported, congress shall determine whether or not it will pur-
chase or annul said charter in accordance with its provisions, by
paying the principal expended with ten per cent interest thereon;
Provided, said determination not to purchase, or annul on the part
of congress shall not preclude them from the right of purchasing
at any future time, but if congress shall not agree to purchase or
annul as above, then said commissioners shall in conjunction with
three of the board of directors of said chartered company proceed
to assess the rate of tolls, which said assessment shall take place on
the first day of January in like manner as above.
Sec. 3. Be it further enacted, that if the said chartered com-
pany shall complete their work during the recess of congress, shall
communicate the facts to the president, who shall appoint three
commissioners, whose duty it shall be with three directors to fix
the rate of tolls until the next session of congress, and if said com-
missioners and directors cannot agree they shall choose an umpire, '
whose decision shall be binding.
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Gammel, Hans Peter Mareus Neilsen. The Laws of Texas, 1822-1897 Volume 1, book, 1898; Austin, Texas. (https://texashistory.unt.edu/ark:/67531/metapth5872/m1/1462/: accessed March 28, 2024), University of North Texas Libraries, The Portal to Texas History, https://texashistory.unt.edu; .